IRVINE, Calif.--(BUSINESS WIRE)--Today, CTC Global announced the signing of an agreement with Ducab Metals Business (DMB), a subsidiary of Ducab Group, enabling the organization to manufacture CTC Global’s high-capacity, energy-efficient ACCC® Conductors in the UAE. DMB’s ability to provide ACCC® Conductors to the UAE in the near future will help its utility and industrial customers support the UAE’s “Net Zero by 2050” strategic initiative to combat climate change. The agreement comes at a perfect time as the United Nations’ Conference of the Parties (COP28) Climate Change Conference convenes in the United Arab Emirates in November. The application of these Advanced Conductors will accelerate the integration of renewable generation into the national power system and conserve water consumed at thermal power plants. The agreement will also help CTC and DMB expand their networks and allow DMB to manufacture leading-edge products in the UAE, in line with DMB’s ongoing commitment and support for the ‘Make it in the Emirates’ initiative.
Source: The North Africa Journal March 10, 2023 22:59 UTC