Gulf Construction Online - Rakez seals deal with Smart4Power

UAE Focus

Rakez seals deal with Smart4Power

01 September 2019

Ras Al Khaimah Economic Zone (Rakez) said it has signed a contract with Smart4Power, an energy efficiency solutions provider, for a retrofit project covering nine buildings, including a district cooling plant.

The agreement, which is part of Rakez’s contribution towards the targets of RAK Energy Efficiency and Renewable Energy Strategy 2040, will extend over five years and will provide guaranteed energy and water savings of 38.5 per cent compared to usual consumption patterns, said Rakez.

Through the planned retrofit, the project will provide guaranteed total savings of more than 25 gigawatt-hours of electricity over the contract duration, with an impact on carbon emissions comparable to that of taking nearly 2,000 cars off the roads. Additionally, over 14 million gallons of water will be saved during the period, enough to fill 25 Olympic-sized swimming pools, it stated.

“Rakez is taking significant initiatives in support of the sustainability strategy of Ras Al Khaimah,” remarked CEO Ramy Jallad.

“For new buildings, we have already started adopting Barjeel standards that have been recently introduced by the Ras Al Khaimah municipality. The retrofit project shows that we are also focused on improving the energy efficiency of existing buildings. We hope that this project will encourage other entities to undergo similar efforts,” he stated.

Eyad Ismail, the director of engineering of Rakez, said, in total, the nine structures occupy an area exceeding 73,000 sq m. The project’s retrofitting measures focus on the improvement of HVAC, lighting, water and controls systems.