Zawya
Summary
National Central Cooling Company (Tabreed) is set to test the region’s first geothermal technology in partnership with Abu Dhabi Future Energy Company (Masdar), as the two companies expand collaboration efforts.
The two geothermal wells, located at Masdar City, Abu Dhabi, will be studied to ascertain the viability of geothermal energy technology and its ability to significantly to reduce energy consumption.
Tabreed made the announcement as part of a statement on increased collaboration efforts between the two companies, in which they will develop and connect infrastructure.
Tabreed had acquired Masdar City’s district cooling company, which provides cooling services to more than 2.7 million sqm in the community, with a capacity of 69,000 Refrigerated Tonnes (RT).
“As an industry leader, our strategic partnerships have allowed us to diversify our operations and venture into innovative solutions that support our core business, such as deep geothermal technology, a first in the region,” said Tabreed CEO Bader Saeed Al Lamki in a statement to Dubai Financial Market (DFM).
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