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UAE - Rakez to save Dh 2.3 million by cutting energy, water use

By District Energy posted 08-05-2019 12:25

  

Ahmed Shabaan, MENAFN

Summary

(MENAFN - Khaleej Times) Nine buildings of the Ras Al Khaimah Economic Zone (Rakez) are to cut energy and water consumption by 38.5 per cent, which could help save Dh2.3 million every year.

The move follows an agreement signed by Rakez with Smart4Power, one of the Middle East's leading energy efficiency solutions providers, for a retrofit project that includes a district cooling plant.

The five-year pact is in line with RAK energy efficiency and renewable energy strategy 2040, according to Ramy Jallad, CEO of Rakez. "We have started adopting Barjeel standards that have been recently introduced by Ras Al Khaimah Municipality."

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