Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
Sheikh Ahmed bin Saeed Al Maktoum reviews Empower's global leadership in district cooling during his visit to Empower's stand at WETEX 2021
 
Sheikh Ahmed bin Saeed Al Maktoum reviews Empower's global leadership in district cooling during his visit to Empower's stand at WETEX 2021

Dubai, UAE, 05 October 2021: His Highness Sheikh Ahmed bin Saeed Al Maktoum visited the pavilion of Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling service provider, at the Water, Energy, Technology and Environment Exhibition (WETEX 2021), which is being held in the Dubai Exhibition Centre at the site of the global event Expo 2020 in Dubai. During the visit, His Highness was briefed on the qualitative developments of Empower’s various projects and its adoption of innovative technologies in consolidating company’s global leadership in the district cooling industry as the world's largest service provider.


His Highness listened to a detailed explanation by Ahmad bin Shafar, CEO of Empower, about company’s achievements, most notably the drivers of sustainable financial performance pursued by Empower, which resulted in an year-over-year growth of 3.4% in its profits, amounting to AED 901 million in 2020. His Highness was also informed about the prestigious international position that the company has occupied and qualified to consolidate its global leadership in the industry this year by concluding two acquisition deals for the district cooling operations of Nakheel and Meydan districts, with a total value and future investments of AED 2.5 billion, raising Empower’s total capacity to 1,853,000 refrigeration tons (RT) at the end of 2021 to serve 1,633 buildings in different sectors, the number of customers to 160,000 and Empower's market share to 79.5% in Dubai.


His Highness was also briefed on the completed as well as the upcoming projects of Empower, including the new district cooling plants and expansions of the distribution network, which aim to keep pace with the development of district cooling infrastructure to provide the environmentally friendly cooling services to number of new projects in the city. His Highness viewed a presentation on company’s plans and aspirations for the current time, led by the qualitative leap in utilizing advanced technologies to provide energy efficient district cooling services.


His Highness listened to a briefing by Bin Shafar on the international recognition that Empower received at the IDEA 2021 Conference and Trade Show, which was concluded in the United States of America last week, with a participation of more than 2,400 experts from 30 different countries, where Empower won two gold awards for its leadership in promoting the district cooling industry globally, encouraging decision makers to adopt district cooling solutions, and implementing best integrated green practices.


Bin Shafar said, 'His Highness' visit to Empower’s stand is a great incentive for our teams to put more efforts to harness our capabilities in developing innovative solutions in district cooling services that enhance people’s lives and contribute to environmental sustainability.'

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 15244 times
PR Category : Energy and Industry
Posted on : Tuesday, October 5, 2021  2:54:00 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 : Trina Solar Brings the 670w+ Vertex Module to the Middle Eas...
Next Story : Hitachi ABB Power Grids to Showcase Sustainability and Digit...
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
Malabar Gold & Diamonds Celebrates Arab Mother's Day - Launches an Exclusive Jewellery Col... [26178-Views]
Marks & Spencer Ramadan Collection 2023 [8885-Views]
This Ramadan, Experience Precious Moments with Your Loved Ones at the St. Regis Dubai, the... [7626-Views]
EPA Features Unmissable Literary Offerings from Emirati Publishers at Oman and Saudi Arabi... [7339-Views]
A Clean Sweap for Skincare [6753-Views]
A Mother's Legacy, La Marquise Jewellery's Unique Pieces to Celebrate the most important W... [5871-Views]
Highlights of Day Two of Dubai Fashion Week AW 23/24 [5605-Views]
Union Coop: ‘Mock Evacuation' Drill Conducted at Etihad Mall in Cooperation with Dubai Civ... [5416-Views]
Embrace the “Ramadan Feeling” at GMG's Food Retail Stores this Holy Month [5330-Views]
OMEGA Partners with Mohammed Bin Rashid Space Centre [5186-Views]
Malabar Gold & Diamonds Adds More Sparkle to their Gold Rate Protection Offers; Block Gold... [5158-Views]
Forecasting Healthy Futures Hosts Inaugural Summit on Climate & Health [5154-Views]
Malabar Gold & Diamonds sets aside AED 1.7 Million for CSR activities during Ramadan 2023 [4686-Views]
Pogacar Completes Hat-Trick to take Paris-Nice Crown, Almeida Seals Big Weekend with Podiu... [4658-Views]
Celebrate Ramadan with Intellect Coffee's Cafe-on-wheels [4424-Views]
Bodour Al Qasimi Inaugurates AUS Global Day, a Carnival of Culture and Color [4272-Views]
Organizing Committee of NAS Sports Tournament Ratifies List of Teams Participating in the ... [4198-Views]
Become the Lucky Winner of AED2,000,000 Cash [4137-Views]
Festival in the Park: A Two-Day Celebration of Art, Music and Culture at Umm Al Emarat Par... [4116-Views]
Marina Rinaldi by Sara Battaglia [4043-Views]
Dubai Health Authority Announces Opening of Membership for its Electronic Medical Library [3915-Views]
National Bank of Fujairah to give Insights into the Outlook for the Marine Industry at a P... [3911-Views]
Monsha'at and Zoho to Accelerate SMEs' Digital Transformation and e-commerce Adoption [3710-Views]
UAE takes part in 58th Regular Session of the Council of Arab Ministers of Health [3694-Views]
Department of Municipalities and Transport Reports 6% Reduction in Service Fees for Real E... [3686-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories