The Press Room

Etihad ESCO Signs Service Agreement With US-Based Talisen Technologies

http://www.tradearabia.com/news/CONS_346746.html 

Oct 24, 2018

Etihad Energy Services Company has signed a service agreement with US-based Talisen Technologies to jointly develop a measurement and verification (M&V) centre at its office in the Dewa Sustainable Building in Dubai.

Dubai Electricity and Water Authority (Dewa) set up the company in 2013 to make the emirate-built environment a leading example of energy efficiency for the region and the world.

Etihad Esco aims to create viable performance contracting market for energy service firms by auditing and proposing energy conservation measures to major building contractors/developers, adding significant momentum to the ongoing sustainability efforts in the emirate.

The collaborative agreement, an extension of an already existing partnership between the companies, was signed on the second day of the ongoing 20th Water, Energy, Technology, and Environment Exhibition (Wetex 2018) in Dubai, by Ali Al Jassim, CEO of Etihad Esco and George Brill, CEO of Talisen Technologies.

Etihad Esco has been working with Talisen Technologies Inc headquartered in St Louis, US and a global leader of enterprise energy management and data analytics technology platform solutions for large-scale Esco projects – for a year, following the signing of an MoU in September 2017.

The M&V Centre will be a dedicated measurement and verification hub, which will deliver data centric, enterprise energy monitoring and management services powered by Talisen’s Enterprise Sustainability Platform (ESP). Thus, the buildings in Dubai will further enhance the quality of retrofitting and energy conservation services provided by Etihad Esco.

The proposed M&V Centre will enable Etihad Esco to fully harness the potential of emerging smart technologies and Big Data analysis to ensure valuable savings for its clients. Furthermore, it will help benchmark Dubai’s Demand Side Management (DSM) Strategy targets and objectives set out under the Dubai Integrated Energy Strategy 2030, which include reducing Dubai’s electricity and water consumption by 30 per cent by 2030.

Ali Al Jassim said: “We are glad to enter into this strategic agreement with Talisen during WETEX 2018. We have been working together since a year after we signed the MoU last year and we are certain that Talisen understands our commitment towards making Dubai built environment a leading example of energy efficiency for the region and the world. M&V centre will further reflect this commitment by helping us with most advanced and innovative technologies to ensure we deliver value to our customers and will also bring us one step closer towards our sustainability goals.”

George Brill said: “We are very excited to enter into this partnership with Etihad Esco and contribute towards Dubai’s energy savings target.”

“We understand Etihad Esco’s requirement and hope to leverage our expertise in the field to develop the most innovative M&V centre in the region, he added.”

-TradeArabia News Service