Ali Al-Jassim, CEO of Etihad ESCO underlines Dubai’s outstanding effort in retrofitting buildings

Ali Al Jassim, CEO of Etihad ESCO was one of the keynote speakers at the RetrofitTech Summit & Awards 2018. In his speech, he highlighted the success of retrofit programs led by the company in Dubai. In addition, he took part in a panel discussion titled ‘Financing Retrofit Projects in the UAE.'

The CEO of Etihad ESCO announced that it his company is planning to implement up to $43.56 million worth of projects this year, diversifying beyond building retrofits into industrial retrofits and solar power projects.

Presenting at the summit, Al Jassim highlighted the energy efficiency targets that Etihad ESCO is aiming to achieve by 2030. These include saving 5.6 billion imperial gallons of water and 1.7TWh of electricity, and cutting carbon emissions by one million tons.

 “Dubai’s outstanding effort in retrofitting buildings in the past years has helped generate energy and water savings across the Emirate,” said Ali Al-Jassim, CEO of Etihad ESCO. “We are looking forward to continuing and accelerating the progress of this to help us achieve our target of retrofitting 30,000 buildings by 2030,” added Ali Al-Jassim during the 4th Annual RetrofitTech Summit & Awards.

Ali Al-Jassim also revealed that 1,000 kWp will be generated on the rooftops of Dubai World Trade Center and tender has been awarded for the development and installation of solar photovoltaic systems at 640 villas for UAE Nationals in Hatta. Al-Jassim focused on how through such projects, Dubai will become a role model in energy efficiency by implementing cost-effective electricity and water demand saving measures, as well as developing a green service market.

He also stated that the partnership with the British University in Dubai, supported by Dubai Supreme Council, is a complete success embracing training programs for executive managers, engineers, technicians and financiers. The program is planned to add the solar sector and reach out to the GCC countries.

Al-Jassim said: “It is important that we continue raising awareness in Dubai on the benefits of retrofitting and its positive impact on the environment. We are working closely with residential groups, government, commercial entities and industrial organizations to provide support and assistance on education around energy efficiency and sustainability. This event goes a long way in spreading the message and in setting new targets for the future.”

“We have launched the Dubai Energy Efficiency Training Program which is a consortium of three local and international partners who will deliver 19 training sessions, offering 12 certifications for members. Initiatives like these will help educate and motivate people to consider changes in technology that will lead to more energy efficient buildings across the Emirate,” added Al-Jassim. 

It was also revealed for the first time that Etihad ESCO has signed its first project outside of Dubai in Abu Dhabi to retrofit two industrial facilities.

Another significant announcement was that Etihad ESCO will now manage the building labelling scheme for existing buildings under the leadership of the Dubai Supreme Council of Energy and the regulation of Dubai RSB.