Etihad Energy Services Company (Etihad ES) is planning to implement $109 million worth of projects including building and industrial retrofits and solar projects.
A top official from the firm said that the company aims to retrofit approximately 30,000 buildings by 2030.
The announcement was made at the 3rd Annual Dubai Green Hotel Innovation Conference.
“Over the years, the hospitality industry in Dubai has grown exponentially. We cannot turn a blind eye on the environmental impact of hotels, especially in terms of their natural resource usage and energy consumption. The hospitality industry’s energy costs in Dubai account for a significant portion of total energy consumption,” remarked Ali Al Jassim, CEO of Etihad ES.
The move aligns with the government’s plans for effective and efficient measures to be put in place to make the hotel industry more sustainable.
An estimated 700 hotels are currently operating in Dubai, with more hotels expected to open before 2020, the statement said.
Jassim added, “So, in order to cut its energy demand and consequently contribute to Dubai’s 30% energy demand reduction target by 2030 – we encourage all key stakeholders to take action that has long-term positive impact.”