Dávid Ungár

Renewables expert

Dávid Ungár is an Executive Director for GHG Mitigation and Sustainability for ACWA POWER, an international power company set to deliver electricity and desalinated water at the lowest possible cost.

Earlier he was advisor to AGL from Australia, IFC and the World Bank Group. For over a decade, he directed AES Corporation’s global sustainability activities and headed AES Climate Solutions business in the EMEA region.

A member of IETA, he has developed, structured and sold all available carbon reduction based commodities: most notably the first AAU and the first international EU ETS transactions. For the last 15 years, he took part in the COP negotiations, advised several European governments, lectured on the industry at events organized by bodies such as the Governments of Bulgaria, Slovakia, Hungary, UK, UN, UNIDO, IETA, etc. He has marketed and transacted close to 100 million tons of carbon instruments and helped develop 2500+ MW of renewable projects.

Recently under the stewardship of Dávid, ACWA closed the first IREC (International Renewable Energy Certificate) transaction in North Africa. ACWA Power was the first large scale utility, that adopted the use of the crypto currency based on natural value, SOLARCOIN (SLR), and used the instrument as payment for services rendered.