Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
RAKEZ partners with Smart4Power to reduce energy and water consumption by 38%
 

through a retrofit initiative – “Among the highest achievements in the region for comprehensive retrofit projects”.

At a signing ceremony, HH Sheikh Ahmed bin Saqr Al Qasimi, Chairman of RAKEZ, signed an agreement to retrofit nine RAKEZ buildings and reduce energy and water consumption through a guaranteed savings contract.

Ras Al Khaimah, 3 August 2019: Ras Al Khaimah Economic Zone (RAKEZ) has contracted with Smart4Power, one of the Middle East’s leading energy efficiency solutions providers, for a retrofit project covering nine buildings, including a district cooling plant.

The agreement, which is part of RAKEZ contribution towards the targets of RAK Energy Efficiency and Renewable Energy Strategy 2040, will extend over five years, and will provide guaranteed energy and water savings of 38.5% vs. usual consumption patterns. 

“RAKEZ is taking significant initiatives in support of the sustainability strategy of Ras Al Khaimah. For new buildings, we have already started adopting Barjeel standards, that have been recently introduced by Ras Al Khaimah Municipality. The retrofit project shows that we are also focused on improving the energy efficiency of existing buildings. We hope that this project will encourage other entities to undergo similar efforts” said, Ramy Jallad, CEO of RAKEZ.

Eyad Ismail, Director of Engineering of RAKEZ said: “Smart4Power has been entrusted with the retrofit of RAKEZ’s eight office buildings, and one district cooling plant. In total, the structures occupy an area exceeding 73,000 m2. The project’s retrofitting measures focus on the improvement of HVAC, lighting, water and controls systems.”

Ismail added, “At RAKEZ we pursue efficiency in everything we do and are committed to promoting sustainability and energy efficiency. This project aims to save 38.5% of energy and water, which amounts to 2.3 million AED in savings every year with a payback time of less than four years. Relative to our current consumption, those savings are among the highest achieved until now in the region for projects entailing such a comprehensive set of measures.”

Through the planned retrofit, the project will provide guaranteed total savings of more than 25 gigawatt-hours of electricity over the contract duration, with an impact on carbon emissions comparable to that of taking nearly 2,000 cars off the roads. 
Additionally, over 14 million imperial gallons of water will be saved during the period, enough to fill 25 Olympic-sized swimming pools.

Jesús Gutiérrez, Co-Founder & CEO of Smart4Power said: “We are proud to support Ras Al Khaimah Government in their ambitious retrofit program. Smart4Power will implement a series of energy and water conservation measures, such as improvement of cooling systems, the addition of adiabatic cooling for chillers, LED light replacements and installation of water-saving devices. 
Additionally, advanced HVAC automation and controls will be installed, which will have a major contribution to the savings generated by the project. The installation will be completed by early 2020, and operations, maintenance and verification services will continue for at least 5 years.”

 Ras Al Khaimah Municipality through Reem, its energy efficiency and renewable energy office, is serving as a technical advisor to RAKEZ. His Excellency Munther Mohammed bin Shekar, Director General of RAK Municipality, said: “Ras Al Khaimah Municipality recognises and congratulates RAKEZ and Smart4Power on their collaboration to support the adoption of new technologies and practices that will reduce energy intensity in several RAKEZ buildings. As part of Ras Al Khaimah Energy Efficiency and Renewable Energy Strategy 2040, we are promoting many more projects of this type with other Ras Al Khaimah entities, and RAKEZ example will offer encouragement for a successful roll-out.”


Posted by : Dubai PR Network Editorial Team
Viewed 3209 times
PR Category : Energy and Industry
Posted on : Saturday, August 3, 2019  12:59:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Empower awards network extension contract worth AED 25 milli...
Next Story : Tabreed reports solid results for the first half of 2019 wit...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
VARA - 2019 Fall/Winter Collection [8052-Views]
Nursery children gift Eid packages to labourers [5789-Views]
An increase of 36.7% compared to the first quarter [5240-Views]
Eid Al Adha Event Program [5112-Views]
US $859bn Oil, Gas and Petrochemical Projects Underway or Planned in the MENA Region as Gl... [5100-Views]
Dubai Festival City Mall Celebrates Global Independence Days with Exclusive IMAGINE shows [5063-Views]
Eid Gifting [4898-Views]
Turkish Airlines continues its journey to the top with new cabin uniforms [4697-Views]
Alisha Moopen appointed as the Deputy Managing Director of Aster DM Healthcare [4599-Views]
Evonik sticks to full-year outlook despite cooling economy [4520-Views]
Benefits to young people of becoming a freelancer a focus at International Youth Day event [4362-Views]
GEMS Education offers up some expert ways to get your children to read in the late summer ... [4264-Views]
Zulekha Hospital Sharjah Honored With Baby Friendly Hospital (BFHI) Accreditation From Uni... [4246-Views]
Al-Futtaim Toyota delivers strong H1 results [4185-Views]
FireEye Identifies Prolific Chinese Cyber Threat Group [4105-Views]
Eyes of the World on Expo 2020 Dubai [4099-Views]
MoHAP Announces Working Hours at Primary Health Care & Preventive Medicine Centers During ... [4081-Views]
Lenovo Introduces Single-socket Servers, Designed Specifically for Edge and Data-intensive... [4026-Views]
LG Signature Responds to Market Demand for Luxury Appliances With Expanded Lineup [3812-Views]
Show your Nanny some love and treat them to a Complimentary Haircut throughout August and ... [3733-Views]
9th Muslim World Business and Investment Zone to host Jewels of the Muslim World Award and... [3660-Views]
Sharjah Exports Development Center Achieves Record Results in First Half of 2019 [3611-Views]
Express Auto Wash offers festive deals during Eid Al Adha [3483-Views]
Introducing Lunette: A Tool to Empower Women [3361-Views]
New Mimecast Report Reveals Analysis of 67 Billion Rejected Emails [3337-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories