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Hong Kong-UAE JV to cut energy costs across 700 properties

ABU DHABI, September 28, 2023

Hong Kong’s green energy services company, Unity Group, has launched a joint venture with Abu Dhabi-based Lead International Investment, to optimise energy efficiency in 700 commercial and residential buildings in Abu Dhabi, a report said.

The companies said they will later scale operations throughout the Middle East and North Africa region. Unity’s customised solutions will reduce energy costs by up to $35,000 per month per building, according Mansfield Wong, chairman of Unity Group.

The partnership will also include procuring and leasing private-label solar equipment to cater to rising demand in the UAE.

“We have a vision, and we are here to complement our country’s vision – the 2030 Sustainable Energy [goal] and to reduce carbon emissions,” said Moustafa Rashad, CEO of the energy division of Ethmar International Holding (EIH), an Abu Dhabi-headquartered investment company of which Lead International Investment is a holding subsidiary. TradeArabia News Service

 




Tags: energy efficiency |

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