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FINANCIAL NEWS
UAE district firms to increase by 18 percent
10 Jan 2016
(MENAFN) The UAE regional cooling part, which initiated the concept of eco-friendly and energy-efficient solutions, is ready to take place on a local and global scale due to fast need for power.
Moreover, the UAE firms, which involve top names such as Emirates District Cooling LLC (Emicool), Empower and Tabreed, are predicted to play essential roles in the increase of the industry.
The Middle East and Africa district cooling firms are expected to control over 40 percent of the whole need globally by 2019, which forecasted to reach USD 29bn.
In addition, new projects are changing from traditional air-conditioning to complete district cooling that support save energy and reduce environmental damages.
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