Renewables
Ducab-Etihad ESCO solar project set to save 3.25m Kwh energy, AED 1.4 mn annually
With an aim to support the United Arab Emirate’s solar policy and achieve energy savings, cable maker Ducab inked an agreement with Etihad Energy Service Company (Etihad ESCO) to set up a new solar plant. The pact was signed on the sidelines of the 21st Water, Energy, Technology and Environment Exhibition (WETEX).
Read: Renewable Energy – Oman’s Clean Step into The Future
The solar power plant project duration is eight months and is set to generate an annual savings of 3,251,900 KWh in energy, equivalent to AED 1,447,095. It is expected to go live from February 2020.
The new contract will see Ducab supply its specially-designed SolarBICC cables for a growing solar energy market to Etihad ESCO for its in-house solar power plant.
Belectric Shams Consortium has been appointed as the project’s Engineering Procurement and Construction contractor.
“Our latest partnership with Ducab aligns with our commitment to creating and sustaining a vibrant market for energy performance contracts. This contributes to the strategic goal of the UAE in pursuing a green economy for sustainable development, by making Dubai a model of a green economy transition. Choosing a UAE manufacturer – Ducab – to supply a crucial element of the project further supports our commitment to a sustainable future,” said Ali Al Jassim, CEO of Etihad ESCO.
“Solar power is one of the fastest-growing sources of new energy worldwide,” said Dr Ahmad Bin Hassan Al Shaikh, Chairman of Ducab. “It is a public priority in the UAE and plays a strong role in Dubai’s Clean Energy Strategy 2050. With this in mind, we developed our specialised SolarBICC cable range specifically to meet the unique needs of this expanding market. We are pleased to provide our cables to Etihad ESCO LLC for the solar power project, playing our part in the continued diversification of the UAE’s energy sector.”
The signing ceremony took place on the first day of WETEX 2019, during which Ducab MD Andrew Shaw and Etihad ESCO CEO, reaffirmed their organizations’ commitments to making solar power more accessible to more people across the UAE.
-
Banking & Finance1 month agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
News1 month agoJamal Ahmed Al Harthy Honoured as ‘Pioneer in Youth Empowerment through Education and Sport’ at CSR Summit & Awards 2025
-
Economy2 months agoPrime Minister of India Narendra Modi to Visit the Sultanate of Oman on 17-18 December
-
Economy2 months agoOman’s Net Wealth Reaches $300 Billion in 2024, Poised for Steady Growth
-
News2 months agoIHE Launches Eicher Pro League of Trucks & Buses in Oman
-
News2 months agoLiva Insurance Honored with ‘Insurer of the Year’ Award for 2025
-
OER Magazines1 month agoOER, December 2025
-
News1 month agoAI Security Conference 2025 Hosted by Securado Highlights the Changing Cybersecurity Landscape
