DP World, UAE Region To Expand Energy Efficiency Collaboration With Etihad ESCO
Umer Jamshaid 1 month ago Tue 25th May 2021 | 02:45 PM
DUBAI, (UrduPoint / Pakistan Point News / WAM - 25th May, 2021) DP World, UAE Region, and Etihad Energy Services Company (Etihad ESCO), a wholly-owned subsidiary of Dubai Electricity and Water Authority (DEWA), announced plans to expand their ongoing energy efficiency collaboration into renewable solar power installations across DP World’s assets in the UAE.
The MoU provides a framework to facilitate existing collaboration to cover DP World, UAE Region’s changing requirements in line with its overarching energy efficiency and sustainability programmes. These include Energy Performance Contracting Projects, Solar On-Grid Installations, and IT Solutions and Technologies including Command and Control Centres, IoT, Smart Automation and Network Operations.
Al Tayer commented, "Since 2015, Etihad ESCO and DP World have collaborated in projects that are actively reducing DP World's carbon footprint and supporting sustainability goals. This MoU is a significant milestone for Etihad ESCO, building on our long partnership. We look forward to strengthening mutual cooperation and exchanging the best international experiences of energy efficiency to continue this sustainable development journey, for a greener future for all."
Our efforts go beyond saving costs to strengthen our contribution to the Emirates Green Agenda 2030. DP World and Etihad Energy Services have a long record of collaboration. With this MoU, we open a new chapter in improving energy efficiencies across our assets in the UAE Region. DP World focuses on measuring and managing its direct environmental impact to contribute to the pressing challenge of climate change. Etihad Energy’s knowledge and expertise combined with DP World’s experience with energy efficiency will help achieve our common goals."
In June 2019, Etihad ESCO had financed and completed the first and second phases of a major retrofit project for the staff accommodation areas of the Jebel Ali Free Zone (Jafza), where nearly 40,000 people live. The project achieved 32.6 per cent savings in energy consumption, surpassing initial targets, upon completion of one year of Measurement and Verification period. The environment has benefited tremendously since, with 17,000 tonnes of reductions in annual CO2 emissions, equivalent to removing 3,600 cars from roads for a year.
Etihad Energy Services is also currently working on retrofitting buildings in DP World's Dubai Maritime City, in a project that is expected to save up to 20 per cent in energy consumption of the targeted facilities. Both parties look forward to enhancing their fruitful cooperation for the interest of all.