Contract Profile
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Client
RAKEZ – RAK Economic Zone Authority
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Location
Ras Al Khaimah, UAE
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Services
Energy Saving Services & Solutions
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Annual Energy Reduction
5,176,828 kWh
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Annual Energy Savings
AED 2.3 Million
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Annual CO2 Reduction
3,8 tons
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Payback Period
3.25 years
Summary
Ras Al Khaimah Economic Zone (RAKEZ) is one of the leading business and industrial hubs in the United Arab Emirates (UAE). Committed to its promise of empowering free zone and non-free zone businesses, RAKEZ offers customizable solutions including state-of-the-art facilities, wide-ranging licenses and first-class services in a one-stop shop.
Solutions
After evaluating different energy savings proposals, RAKEZ appointed ENGIE Solutions for the full retrofitting of its facilities which covers nine buildings, including a district cooling plant. The agreement, which is part of RAKEZ contribution towards the targets of RAK Energy Efficiency and Renewable Energy Strategy 2040, extends over five years, and provides guaranteed energy and water savings.
The energy conservation measures implemented across the RAKEZ buildings include HVAC, lighting, water & building controls.
