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10/28/24, 3:36 PM Three 'green' firms join the UAE’s NextGenFDI Initiative
H.E. Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, United Arab Emirates
SUSTAINABILITY
Three 'green' firms join the UAE’s NextGenFDI
Initiative
NextGenFDI initiative has sought to attract innovation-led companies from around the world
Staff Writer, TradeArabia
October 16, 2024
Three companies specialised in clean energy technology from China and the US have joined the
NextGenFDI programme, underlining the status of the UAE as a platform for pioneering enterprises and
ideas.
The companies, which specialise in innovative storage and generation solutions, will contribute to
advancing the UAE’s clean-energy goals and support its transition to a more sustainable, low-carbon
economy, the UAE Ministry of Economy said.
The three companies are -- Enerflow, a specialist in vanadium flow battery technology, which is
promising to lengthen the lifecycles of rechargeable batteries – from four to ten hours – used in clean-
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