Dubai has set its sights on becoming a global hub for clean and renewable energy. Initiative such as Dubai Clean Energy Strategy 2050, the city plans to produce 75% of its total energy from clean sources by 2050. At the national level, the UAE is also working towards its Net Zero by 2050 strategy, which is expected to create more than 200,000 jobs and boost the country’s GDP by 3%. These strong commitments show how serious Dubai and the UAE are about building a sustainable future.
One of the best examples of this vision is the Mohammed bin Rashid Al Maktoum Solar Park, which will reach 5 GW of capacity by 2030 (one of the biggest solar projects in the world).
For Indian entrepreneurs and investors, this is a golden opportunity. The Indian business community already has a strong presence in Dubai.
Add to this Dubai’s investor-friendly policies, such as 100% foreign ownership, tax benefits, and easy company setup in Free Zones, and you can see why it’s a smart move for Indians to start a renewable energy company in Dubai.
Why Start a Renewable Energy Company in Dubai?
Starting a renewable energy company in Dubai comes with several advantages that make it one of the most promising business opportunities today.
1. Growing market opportunities
From solar panel installation and maintenance to waste-to-energy technologies, energy efficiency consulting, EV charging networks, and battery storage, there is a wide range of untapped opportunities.
2. Indian community advantage
The Indian diaspora already plays a major role in Dubai’s economy with 40,000+ SMEs and over $37 billion invested in the UAE. This strong presence gives Indian entrepreneurs a natural edge in building partnerships and growing quickly in a familiar business environment.
3. Business-friendly setup environment
Dubai offers 100% foreign ownership in many sectors, 0% personal income tax, and a 9% corporate tax (with exemptions for Free Zones and small businesses). Free Zones also provide simplified company setup, repatriation of profits, and cost-effective licensing options.
4. Mega projects creating demand
The Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park, will generate 5,000 MW (5 GW) by 2030. Large-scale government tenders and private-sector projects in solar and clean energy open direct business opportunities for investors and startups alike.
5. High returns with sustainability impact
Renewable energy businesses in Dubai enjoy fast-growing demand, stable government support, and global investor interest, which means attractive returns.
Types of Renewable Energy Businesses You Can Start in Dubai
Dubai’s clean energy push has opened doors for a variety of renewable energy businesses. Here are some promising options you can explore:
1. Green Technology & Energy Efficiency Services
Companies offering smart energy systems, energy audits, building retrofitting, and IoT-based solutions for energy savings can serve the rising demand from businesses and households to reduce power consumption.
2. Solar Energy Companies
The UAE is blessed with sunshine all year round, making solar power the most in-demand sector. You can start businesses in solar panel manufacturing, installation, maintenance, or consultancy for residential, commercial, and industrial projects.
3. Hydrogen Energy Projects
Dubai is also exploring green hydrogen as a fuel of the future. Companies that focus on hydrogen production, storage, and distribution can position themselves early in this high-growth sector.
4. Consultancy & Advisory Firms
Investors with expertise in renewable energy can start consultancy firms to help businesses and government entities adopt clean energy solutions and ensure compliance with local sustainability regulations.
5. Wind Energy Projects
Dubai is exploring wind farms in specific areas. Companies offering wind turbine solutions, technology partnerships, and maintenance services have strong future potential.
6. Waste-to-Energy Plants
With Dubai aiming for a zero-waste strategy, waste-to-energy solutions are gaining momentum. Investors can tap into businesses that convert municipal waste into electricity and heat, a sector backed by government projects.
What are the Documents Required to Start a Renewable Energy Business in Dubai?
The documents may vary depending on whether you choose a Mainland or Free Zone setup, but the common requirements include:
- Passport copies
- Visa copies (if applicable)
- Passport-sized photographs
- Trade name reservation certificate
- Initial approval certificate from the relevant authority (e.g., DED or Free Zone authority)
- Memorandum of Association (MOA) & Articles of Association (AOA) signed by shareholders
- Tenancy contract / Ejari (for office space in Mainland)
- No Objection Certificate (NOC) from the current sponsor
- DEWA and environmental approvals (specific to renewable energy businesses like solar, waste-to-energy, etc.)
How to Start a Renewable Energy Company in Dubai?
Here is a step-by-step guide to starting a renewable energy company in Dubai:
1. Decide on your business activity
Choose the type of renewable energy business you want to set up (e.g., solar installation, waste-to-energy, EV charging, consultancy, etc.). This will determine the kind of license and approvals you’ll need.
2. Choose the right jurisdiction: Mainland or Free Zone
- Mainland Company (LLC): This is ideal if you plan to operate and conduct business directly with clients across all of the UAE. Recent reforms now allow for 100% foreign ownership in many business activities.
- Free Zone Company: This is a popular choice for businesses that are export-oriented or focused on consultancy and trading. Free zones offer 100% foreign ownership, full profit repatriation, and a tax-free environment.
3. Reserve your trade name
Apply for and secure a unique company name through the Department of Economic Development (DED) or the Free Zone authority.
4. Get initial approval
Obtain a No Objection Certificate (NOC) from the relevant authority, confirming that you can proceed with your business activity.
5. Apply for a business license & Obtain Approvals
Submit the required documents to DED (for Mainland) or the Free Zone authority to get your renewable energy license. Additional approvals may be required from DEWA (Dubai Electricity and Water Authority) or environmental authorities, depending on your activity.
You might also need approvals from:- Dubai Municipality: For building-integrated systems or waste management projects.
- Civil Defence: For projects involving large-scale battery storage.
- Emirates Authority for Standardisation and Metrology (ESMA): For the import and sale of certain renewable energy equipment.
6. Arrange office space
Secure a physical office (Ejari for Mainland) or choose a desk/office package in a Free Zone.
7. Process Visas and Open a Corporate Bank Account
With your trade license in hand, you can now apply for your investor visa and process employment visas for your team. You will need to open a corporate bank account, which is essential for all financial transactions and for securing a loan or investment if needed.
What is the Cost of Starting a Sustainable Energy Startup in the UAE?
The cost of getting a business license for a renewable energy company in Dubai depends on your chosen business activity and jurisdiction.
- Mainland companies: A trade license usually costs between AED 12,000 and AED 20,000 per year.
- Free Zones: License fees range from AED 10,000 to AED 30,000 annually, depending on the Free Zone authority, the type of license, and whether visa quotas or office space are included in the package.
Many Free Zones also provide startup-friendly packages tailored for renewable energy and technology businesses, which can significantly reduce setup costs in the first year.
How Shuraa India Can Help
Dubai is moving fast towards clean and renewable energy, which makes it a great time to start your own green energy business here. The demand is growing, and the government is fully supporting this shift with big projects and clear goals. By setting up your company now, you can build a successful business while also being part of Dubai’s sustainable future.
With Shuraa India, you don’t have to worry about the setup process. We take care of everything - getting your licenses and approvals from DEWA/DED, handling PRO work and paperwork, arranging office space and banking, and giving you expert advice at every step.
Take advantage of the green energy wave today. Get in touch with Shuraa India.
Frequently Asked Questions
1. How can I start a renewable energy company in Dubai?
To start a renewable energy company in Dubai, follow these simple steps:- Decide your business activity (solar, waste-to-energy, EV charging, etc.)
- Choose Mainland or Free Zone setup
- Reserve a trade name and get initial approval
- Prepare MOA/AOA and required documents
- Apply for license (with DEWA/DED approvals if needed)
- Arrange office space and visas
- Open a corporate bank account