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.
They signed a Memorandum of Understanding (MoU) during a virtual ceremony in the presence of Saeed Mohammed Al Tayer, MD & CEO, DEWA, and 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,” said Al Tayer.
“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,” noted Bin Sulayem.
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.