The International Energy Agency (IEA) announced that the volume of financing of emerging companies active in the energy sector based in the UAE reached more than 110.2 million dirhams by the end of the first half of 2024.

According to Amac News: The International Energy Agency (IEA) said that emerging companies working in the field of energy storage and batteries, with a share of about 33.3%, constitute the largest share of the total funding.
According to this Ajani, solar energy companies with 25%, wind energy with 8.3%, and other renewable and clean energies are left with a total of 33.3%.
The total number of start-up companies active in the energy sector in the UAE has reached 54 companies by the end of 2023.
These companies were divided into 12 companies in the field of energy storage and batteries, 9 companies in energy efficiency, 21 companies in various fields of renewable energy, and 12 in other energy-related sectors.