Analysis by Frost & Sullivan shows that the market for energy performance contracting in the UAE was estimated to be US$80mn to US$100mn in 2015 and is expected to have a CAGR of 15-17 per cent in the next four to five years
Renewables
Shell awards contracts to two Omani SMEs for ?Solar into Schools? project
Shell Development Oman has awarded three contracts to two Omani SMEs to carry out the installations in schools for the pilot phase of ?Solar into Schools? project
Saint-Gobain to build Multi-Comfort House in Masdar City
Saint-Gobain will bring its innovative and sustainable solutions to the UAE with the construction of an energy-efficient ?Multi?Comfort House? in Masdar City
Lloyd's Register: renewable power generation is cost competitive with fossil fuels
According to Lloyds Register, renewable power generation technologies are now cost competitive with fossil fuels and innovations are gathering pace across the sector