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.
Through a sequence of regional case-studies, key industry leaders including ENPARK business partners, as well as representatives from government, financial institutions and legal firms, also demonstrated how regional organisations are successfully addressing environmental and energy concerns through deploying clean tech solutions, particularly during the summer season.
Themed 'Energy Efficiency', the seminar was ENPARK's first in the 'Green Brunch' series of four events that aim to focus on different aspects of the energy and environment industry. Topics covered include green retrofitting for private and commercial space, water and waste water management as well as solid waste and recycling management.
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 organized 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, delivered a presentation on 'Performance Contracting at TECOM'.
He 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 - 25 per cent."
The 'Green Brunch' series features presentations and open debates to help raise awareness of new energy and environment-related technologies and solutions available today. The series follows the success of ENPARK's 'Green Building Series' in 2009 that highlighted its initiative to promote sustainability across the region.
TECOM Investments and its entities adopt a proactive approach through various initiatives to inform and educate on green issues and contribute to reducing the region's carbon footprint. As part of this overarching objective, TECOM Investments has also compiled the 'Sustainable Development Report' - the first of its kind to be released by a company based in the Middle East.
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