Angitha Pradeep, ME Construction News
Summary
According to a published report by Fortune Business Insights – ‘District Cooling Market: Global Market Analysis, Insights, and Forecast’, the global market for district cooling sector is booming.
It is estimated to hit $39.9 billion by 2026 from $21.9 billion last year, growing at a CAGR of 7.77 per cent, globally, according to the report.
MECN caught up with Jamal Abdulla Lootah, Group CEO of Imdaad, a facilities management solutions company, to talk about how there has been an increase in green cooling trends in the GCC and if global practices are being adopted in the region.
“The region has achieved tremendous progress in nurturing a culture of sustainability which is being driven by the ambitious strategies of governments in the GCC. This is to reduce emissions and improve energy efficiency through the implementation of sustainable practices in operations across various industries,” Lootah said.
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