Etihad Energy Services Company (Etihad ESCO) has initiated a project to retrofit 243 buildings for wasl Properties in different parts of Dubai.
The project, which is scheduled to be completed withing one year, will increase energy efficiency of the building, achieving annual savings of over $4m (AED15m) as a result of upgrading the air conditioning and lighting systems.
The project was awarded to Smart Automation Energy (SmartAE), which specialises in retrofitting and upgrading of buildings.
The project includes installing photovoltaic solar systems on the roofs of buildings with a capacity of 4.5MW megawatts, as well as retrofitting the existing systems in the buildings.
The project will also improve the central air conditioning systems in 230 buildings, using the latest smart technologies. Approximately 71,000 units will be also replaced by high efficiency LED lamps.
Talking about the initiative, HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, said: “This project supports the Dubai Side Management Strategy 2030 to reduce electricity and water demand by 30% by 2030 through programmes. These are green-building regulations, retrofitting of existing buildings, district cooling, wastewater reuse, laws and standards to raise efficiency, energy-efficient street-lighting, and the Shams Dubai initiative to enable building owners to install photovoltaic panels on rooftops to generate electricity from solar power.”
He added: “Etihad ESCO provides investment opportunities to companies that specialise in energy efficiency, in addition to financial institutions, and green technology and equipment suppliers. We are currently retrofitting over 30,000 buildings in the Emirate in the first phase of the project, to ensure energy efficiency and manage energy demand."