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Empower awards $378mln worth of contracts in 2020

By District Energy posted 12-31-2020 10:31

  

Zawya

Summary

Emirates Central Cooling Systems Corporation (Empower) has awarded contracts worth Dh1.39 billion over the year 2020, to cover the construction of new districts cooling plants and the expansion of its district cooling networks.

Other contracts were concluded on energy transmission stations, thermal energy storage (TES) systems, procurement of pre-insulated pipes and meters, implementation of artificial intelligence, billing system expansion, capacity enhancement of data storage and other relevant businesses like consultation services, designing and many others.

Compared to last year, the company has increased the value of the total contracts awarded by 23 per cent in 2020. Empower, within the framework of its carefully designed strategic plans, has increased investments in its projects and infrastructure assets during 2020 in order to meet the growing demand for environmentally friendly district cooling services that helps reduce carbon emissions, eliminates climate change and raises awareness of the importance of maintaining a healthy and safe environment for future generations.
Ahmad bin Shafar, CEO of Empower, said: “In the light of the ambitious plans and strategies the company has adopted to comply with the overall national strategies aiming at the transformation to green economy. Empower holds 76% of the district cooling market in the Dubai city and we witnesses an increasing and rapid growth in demand for district cooling services according to the increase in the number and quality of the new buildings and projects. This impulse to expand the geographical area where the company’s plants and networks exist.”


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