Event also trains the spotlight on ‘performance contracting’ to achieve capital and operational cost reduction in buildings
A wide range of innovative solutions in the clean tech sector can help augment energy supply, especially during the peak season, according to energy and environmental experts at a seminar hosted by the Energy and Environment Park (Enpark), a sustainable community model for commercial and residential use, and a member of Tecom Investments’ Sciences Cluster.
According to a news release on the event, key industry leaders, including Enpark business partners, as well as representatives from the government, financial institutions and legal firms, also demonstrated through a sequence of regional case studies, how regional organisations are successfully addressing environmental and energy concerns by deploying clean tech solutions, particularly during the summer season.
Themed ‘Energy Efficiency’, the seminar, said Enpark, was its first in the ‘Green Brunch’ series of four events that aim to focus on different aspects of the energy and environment industry.
Topics covered during the seminar included green retrofitting for private and commercial space, water and waste water management as well as solid waste and recycling management.
Commenting on the Green Brunch series, Ali bin Towaih, Executive Director of Enpark, said: “Worldwide, there is an increasing call for organisations to operate in ways that are less power intensive and less impactful on the environment. The Green Brunch series of seminars organised by Enpark serves as a platform to zoom into what regional organisations have already done in this sphere, which could be upheld as examples worthy of emulation.”
Sougata Nandi, Director of Sustainable Energy and Environment Division (SEED), Tecom Investments, made a presentation, titled ‘Performance Contracting at Tecom’.
As part of his presentation he reportedly said: “This innovative financing technique is ideal in this economic climate, as it allows building users to achieve energy savings without up-front capital expenses. The costs of the energy improvements are borne by the performance contractor, and later, paid back out of the energy savings. The scientific approach to energy-efficiency initiatives, depending on several factors, can often reduce operational costs in a salutary range of 10 to 25%.”
Tecom claimed that the Green Brunch series featured presentations and open debates to help raise awareness of new energy and environment-related technologies and solutions available today. The series, said Enpark, follows the success of its Green Building series in 2009, which was said to highlight its initiative to promote sustainability across the region.
The news release further added that, as part of Tecom’s initiatives to inform and educate on green issues and contribute to reducing the region’s carbon footprint, it has also compiled the ‘Sustainable Development Report’. Tecom claims that it is the first of its kind to be released by a company based in the Middle East.