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EMICOOL signs agreement to increase solar capacity by 238%
Company is maximising efforts towards inculcating more renewable energy practices in its operations to support the government’s wider sustainable agenda
Emirates District Cooling Company (EMICOOL), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis LLC, a leading global investor in sustainable infrastructure, has signed a Solar Photovoltaic System Leasing and
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Operation Agreement with Emirates Electrical Engineering (EEE), one of the solar market leaders in the UAE. The agreement confirms the company is increasing its solar capacity by 238 per cent within its District Cooling Plant 1 (DCP1) along with its head office boundaries, located in Dubai Investments Park 1.
The agreement aligns with EMICOOL’s strategic objectives towards maximising the penetration of clean and renewable energy to their processes and