Home Industry Real Estate Empower reports 41.3% rise in buildings using district cooling over last five years Among the buildings that are serviced within Empower’s portfolio, the residential sector tops the list of the company’s clients with 64 per cent by Gulf Business August 30, 2022 Emirates Central Cooling Systems Corporation (Empower) reported significant growth of 41.3 per cent in the number of buildings using its environmentally friendly district cooling services, over the last five years. Earlier in the year, the company registered an increase in the number of buildings using its district cooling services, reaching 1,413 buildings by the end of 2021, representing year-on-year growth of 13 per cent compared to the same period of 2020, reported the Dubai Media Office. In 2021, Empower set up district cooling services for projects in Dubai, most notably Marsa Al Arab, One Za’abeel, The Residences Dorchester Collection, Uptown and Wasl1 and many other huge buildings, bringing the company’s share of the district cooling market in Dubai to 80 per cent. Ahmad Bin Shafar, CEO of Empower said, “The significant growth is a testament to Empower’s robust levels of production, operation and distribution through its advanced plants and vast transmission network. We also remain focused on continuously investing in our district cooling infrastructure, and remain well placed to continue catering to growing market demand.” Empower, the world’s largest district cooling services provider, reported a significant growth of 41.3% in the number of buildings using its environmentally friendly district cooling services, over the last five years. https://t.co/FB6b8D0tix pic.twitter.com/lesQfsyAMu — Dubai Media Office (@DXBMediaOffice) August 29, 2022 Among the buildings that are serviced within Empower’s portfolio, the residential sector tops the list of the company’s clients with 64 per cent, followed by the commercial sector with 15 per cent and the hospitality sector with 14 per cent. Among hospitality, more than 17 per cent of hotels in Dubai are served by Empower. The healthcare sector represents 3 per cent, while the remaining 4 per cent is distributed among retail, education, entertainment sectors and others. Bin Shafar also pointed out that the continuous growth in its projects portfolio, the diversity of buildings in various sectors that use Empower’s district cooling service, as well as the company’s expertise enable it to strategically help developers and real estate owners accurately determine the required cooling load for their projects and calculate necessary costs, which helps to gain confidence and build a strong future relationship between them. Tags District Cooling Dubai Empower Sustainability 0 Comments You might also like RTA to construct 762 bus shelters in key Dubai areas by 2025 Dubai approves Dhs152m bonus for government employees Strong cash flows for UAE stocks in Christmas Day trade Institutional investors were hungry for Dubai, Abu Dhabi Stocks in 2023