In an effort to enhance its services and achieve sustainable development in the UAE, Etihad Energy Services Company (Etihad ESCO) has inked a Memorandum of Understanding (MoU) with US-based Talisen International, for the joint development of a Measurement and Verifications (M&V) Centre.
The agreement was officialised by CEO, Etihad ESCO, Ali Al Jassim, and managing director, Talisen International, Mohan Menon, in the presence of officials from both companies.
Etihad ESCO dates back to 2013, when it was inaugurated as an intitiative by Dubai Electricty & Water Authority (DEWA), in order to create a viable market in Dubai for building retrofits using Energy Services Companies (ESCOs).
According to the agreement, the M&V Centre will be a dedicated measurement and verification hub, focusing on delivering data centric, enterprise energy monitoring and management services.
Etihad ESCO’s Al Jassim spoke of the partnership: “At Etihad ESCO, customers are at the core of our operations. As such, the establishment of the M&V Centre is a reflection of our commitment to utilise the most advanced and innovative technologies to ensure we deliver value to our customers.
“While the M&V Centre is an essential expansion of Etihad ESCO’s services, it will also enable us to utilise the latest Internet enabled technology to closely monitor the performance of all client assets under its scope,” he added.
The M&V Centre will provide Etihad ESCO with smart technologies and Big Data Analysis to guarantee valuable savings for clients, while simultaneously helping to measure and verify Dubai’s Demand Side Management (DSM) Strategy targets and objectives, set out under the Dubai Integrated Energy Strategy (DIES) 2030, which include decreasing Dubai’s electricity and water consumption by 30 per cent in 2030.
CEO, Talisen Talisen International, George Brill commented: “Talisen hopes to be able to leverage its experience with managing energy and performance data for very large building portfolios in the US. We are very excited to be able to be a part of such a large and innovative project in the Middle East.”