DUBAI: Dubai’s Emirates Central Cooling Systems Corporation awarded construction contracts worth $380 million in 2020, a year-on-year increase of 23 percent.
Empower, which is the world’s largest district cooling services provider, said the contracts covered work such as energy transmission stations, thermal energy storage (TES) systems, procurement of pre-insulated pipes and metres, implementation of artificial intelligence, billing system expansion, capacity enhancement of data storage and other relevant businesses like consultation services, designing and many others.
In a report by WAM, the UAE state news agency, Ahmad bin Shafar, CEO of Empower, was quoted as saying: In the light of the ambitious plans and strategies the company has adopted to comply with the overall national strategies aiming at the transformation to green economy. Empower holds 76 percent of the district cooling market in the Dubai city and we witness an increasing and rapid growth in demand for distri