Dubai Holding and Etihad ESCO sign new energy efficiency deal

The agreement targets energy optimisation, solar solutions, and smart metering across communities managed by Dubai Holding Community Management.

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Article summary

AI Generated

Dubai Holding Community Management and Etihad ESCO have signed an MoU to improve energy efficiency across Dubai Holding's residential communities. The agreement covers solar installations, smart metering, and energy optimisation, in line with Dubai's Demand Side Management Strategy 2050.

Key points

  • Dubai Holding and Etihad ESCO signed an MoU on energy efficiency
  • Agreement covers solar, smart metering, and retrofit projects
  • Partnership supports UAE's net zero goals by 2050

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Dubai Holding Community Management and Etihad Energy Services (Etihad ESCO) have signed a memorandum of understanding to advance energy efficiency and sustainability across Dubai Holding’s managed communities.

The agreement was signed by Francis Giani, Chief Community Management Officer at Dubai Holding Community Management, and Dr. Waleed Al Nuaimi, CEO of Etihad ESCO.

It covers three areas: energy optimisation and efficiency projects, solar energy solutions for residential communities, and knowledge-sharing to pilot new sustainability initiatives.

“We are delighted to partner with Etihad ESCO to create a positive, long-term impact, driven by a shared, future-focused purpose and aligned with Dubai’s Demand Side Management Strategy 2050. Etihad ESCO’s technical expertise and leadership in energy efficiency align seamlessly with our vision to foster sustainable utilities, practices and lifestyles within our communities. By combining our complementary skills and shared commitment, we are proud to build a more sustainable future together”, Francis Giani, Chief Community Management Officer, Dubai Holding Community Management said in a statement.

“Our partnership with Dubai Holding Community Management exemplifies our mission to lead the transformation of Dubai’s built environment through innovative energy efficiency solutions. By integrating solar, retrofit, and smart metering technologies, we aim to create measurable impact aligned with the Dubai Demand Side Management Strategy and the UAE’s broader sustainability goals,” Dr. Waleed Alnuaimi, Chief Executive Officer of Etihad Energy Services added.

Residents and owners across Dubai Holding’s communities are expected to gain access to energy-efficient systems, renewable energy options, and smarter consumption monitoring tools.

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Dubai Holding is a signatory of the MOCCAE Climate-Responsible Companies Pledge and has committed to supporting the UAE’s net zero targets by 2050.