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).
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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.
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