DP World, UAE Region, the premier maritime gateway and Etihad Energy Services Company (Etihad ESCO), a wholly-owned subsidiary of Dubai Electricity and Water Authority (DEWA) is planning to widen their ongoing energy efficiency collaboration into renewable solar power installations across DP World’s assets in the country.
The agreement offers a framework to facilitate existing collaboration to cover DP World, UAE Region’s changing requirements following its overarching energy efficiency and sustainability programs like Energy Performance Contracting Projects, Solar On-Grid Installations, and IT Solutions and Technologies including Command and Control Centres, IoT, Smart Automation and Network Operations.
The Memorandum of Understanding (MoU) was signed during a virtual ceremony in the presence of H.E. Saeed Mohammed Al Tayer, MD & CEO of DEWA, and H.E. Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World.
“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 cooperation and exchanging the best international experiences of energy efficiency to continue this sustainable development journey, for a greener future for all.”
In 2019, Etihad ESCO had financed and completed the first and second phases of a major retrofit project for the Jebel Ali Free Zone (Jafza). The project achieved 32.6 percent savings in energy consumption, surpassing initial targets upon completing one year of the measurement and verification period.
Since the completion of the project, the environment has benefited tremendously, 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 which is expected to save up to 20 percent in energy consumption of the targeted facilities.
Commenting on the MoU, H.E. Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World said, “At DP World, we use innovative technologies to ensure that our practices comply with the Green Building program of the Government of Dubai. 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.”