Get All Access for $5/mo

Hydro Wind Energy Hydro Wind Energy harnesses offshore wind in deep waters for power generation with inbuilt energy storage.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Hydro Wind Energy
MARYAM HASSANI AND HAYK VASILYAN, CO-FOUNDERS, HYDRO WIND ENERGY

Hydro Wind Energy is a tech startup focused on developing a disruptive technology to address three major challenges of the 21st century: low-cost clean electricity, grid-scale energy storage, and seawater desalination. The company's approach involves harnessing wind offshore through vertical axis wind rotors, and utilizing mechanical-based energy storage systems. The same systems are designed for large-scale seawater desalination, aiming to contribute to solving the global water crisis. Additionally, the company has successfully developed and commercialized QuenchSea, the world's only low-cost handheld seawater desalination device, serving humanitarian purposes as well as the offshore marine sector.

  • FOUNDED IN: 2020
  • SECTOR: Renewable

"Hydro Wind Energy's technology is aligned with the UAE government's policies on lowering the cost of energy, reducing carbon emissions, and increasing security of supply. Our aim is to reduce carbon emissions by one billion tons of carbon dioxide by 2030. This amounts to over 2% of total carbon emissions globally, or five times what the UAE emits per year, turning the country into a world leader and net reducer of carbon emissions. This technology will thus help create a vibrant and competitive wind energy sector in the UAE, stimulating national job creation, eliminating carbon emissions, improving air quality, and providing an environmentally friendly and easily assimilated grid-connected technology for meeting load growth as well as legislated renewable obligations."

Click here to see the full Future 100 list.

Business News

'Passing By Wide Margins': Elon Musk Celebrates His 'Guaranteed Win' of the Highest Pay Package in U.S. Corporate History

Musk's Tesla pay package is almost 140 times higher than the annual pay of other high-performing CEOs.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Entrepreneurs

Enriching Brand Experiences: Insignia Worldwide Founder And CEO Gaurav Sinha

Having found it hard to find an agency that specialized in the luxury hospitality, travel, tourism and destination marketing space, Sinha decided to fill that gap himself by opening up Insignia.

Growth Strategies

Future Foresight: Phoenix Group Co-Founder Bijan Alizadeh On Why He Continues To Look At The Crypto Space With Realistic Optimism

"We used to see Miami and Singapore as the main hubs for crypto entrepreneurship, but I strongly believe that the UAE is the third crypto hub of the world."

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Thought Leaders

25 Common Characteristics of Successful Entrepreneurs

Do you have what it takes to get through hard times? Here are the traits that help home-based business owners thrive.