Emirates District Cooling Company (Emicool) has entered into a partnership with solar market leader Emirates Eletrical Engineering (EEE) in the UAE.
The duo has already signed a Power Purchase Agreement for the same.
Emicool is a joint venture between Dubai Investments, a leading investment company and Actis LLC, a leading global investor in sustainable infrastructure.
As per the agreement, the company is increasing its solar capacity by 238 percent within its District Cooling Plant 1 located in Dubai Investments Park 1.
The latest development comes as a way towards maximising the penetration of clean and renewable energy to their processes and supports energy transition into low carbon emissions.
Dr Adib Moubadder, chief executive officer at Emicool, said was quoted in a statement, “As an important economic player within the UAE, Emicool is pursuing efforts to support and enhance the nation’s national strategies like the Dubai Integrated Energy Strategy 2030 as well as the UAE’s 2050 Strategy, contributing to the Company’s wider sustainability agenda.”
He further stated that the company has prioritized using latest technology to reach net-zero.
According to Emicool, it has been operating in a platform of 18 operational DC (District Cooling) plants, having a total cooling capacity of more than 330,000 TR.