Empower Commences Construction of Deira Waterfront District Cooling Plant
Empower, the world's largest district cooling services provider, has announced the commencement of its new district cooling plant in Dubai's Deira district, marking a significant milestone in the Deira Enrichment Project.
Summary
Empower has started the construction of a new district cooling plant in Dubai's Deira district, aimed at serving over 46 buildings within the Deira Waterfront development. The project will feature advanced technologies and is expected to significantly expand Empower's market presence.
Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, has officially commenced the construction of its new district cooling plant in Dubai's Deira district. This development follows the recent award of the main construction contract for the facility. The new plant will serve over 46 buildings within the Deira Waterfront development, a crucial component of the Deira Enrichment Project. This project aims to transform and upgrade the vibrant district by creating 20 residential communities featuring spacious apartments, distinctive commercial spaces, and modern offices, all while preserving Deira's heritage and cultural character.
The company indicated that advanced technologies will be incorporated into the operations of the Deira Waterfront district cooling plant. Award-winning technologies such as Thermal Energy Storage (TES), which optimizes energy usage during on-peak and off-peak hours, and Treated Sewage Effluent (TSE), which helps conserve fresh water, will be integrated into the plant.
The work is progressing on schedule under the direct supervision of Empower's in-house project team. The new plant will be completed in two phases, reaching a total production capacity of 39,000 refrigeration tons (RT). The first phase, with a capacity of approximately 20,000 RT of environmentally friendly cooling, is scheduled to become operational by the end of June 2025.
With over 80% of the Dubai district cooling market share, Empower will continue to invest significantly, backed by investors and shareholders, to expand its operations in Dubai. This commitment includes upgrading and developing its facilities and technical staff to meet the growing demand for its services from various segments.
'Our teams are increasing their efforts to provide reliable and high-quality district cooling services to customers across Dubai. Empower is committed to expanding its projects and operations to meet the growing demand for district cooling,' said HE Ahmad bin Shafar, Chief Executive Officer of Empower. 'These efforts will result in developing our infrastructure, expanding distribution networks, increasing the number of cooling plants, and targeting new areas to be covered by district cooling systems such as the Deira Waterfront. This will contribute to expanding our customer base to reach around 140,000 by the end of the year.'
Given Empower's dominant market position, significant investment in advanced technologies, and strategic expansion plans, the future looks promising for the company. Investors should consider this a strong opportunity to buy, as Empower is well-positioned to capitalize on the growing demand for district cooling services in Dubai.
Source
Summary
Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, has commenced construction of a new district cooling plant in Dubai’s Deira district. The plant, with a capacity of 39,000 refrigeration tons (RT), will serve over 46 buildings within the Deira Waterfront development, part of the Deira Enrichment Project aimed at transforming the district with residential communities, commercial spaces, and offices while preserving its heritage. The plant will incorporate advanced technologies like Thermal Energy Storage (TES) and Treated Sewage Effluent (TSE) to optimize energy usage and conserve water. Construction is progressing on schedule, with completion in two phases. The first phase, with a capacity of approximately 20,000 RT, is expected to be operational by June 2025. Empower, holding over 80% of the Dubai district cooling market, plans to continue significant investments to expand its operations in Dubai. This includes upgrading facilities and staff to meet growing demand. CEO Ahmad bin Shafar emphasized the company's commitment to providing reliable, high-quality district cooling services and expanding its infrastructure and customer base, aiming to reach around 140,000 customers by year-end.
