DP World, UAE 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.
They signed a Memorandum of Understanding (MOU) during a virtual ceremony in the presence of Saeed Mohammed Al Tayer, MD & CEO of DEWA, and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World.
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.
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.