United Real Estate Company (URC), a real estate developer in Kuwait and the MENA region, in collaboration with Alternative Energy Projects Company (AEPCo) – a member of the KIPCO Group – announced that it has successfully completed and started operating Abdali Mall’s solar power plant in Amman, Jordan.
As part of the mall’s long-term sustainability programme, AEPCo worked closely with Abdali Mall’s team to kick off the project in late 2018. The solar power plant aims to optimise and decarbonise the electrical energy consumption at the mall to reduce its operational cost, improve its carbon footprint, and increase its sustainability metrics.
The project’s initial phase involved the optimisation of electricity consumption at the mall and its facilities. As a result, the combined capacity installed for the mall reached 2500 kWp, to cover most of its energy requirements for the next 20 years.
Commenting on this milestone, URC Vice Chairman and Group Chief Executive Officer, Mazen Issam Hawwa said: “The company is proud to have been part of bringing Abdali Mall’s solar panel plant to full operation. The initiative was driven by URC’s human-centered approach which invests in efforts that mitigate climate change through zero-carbon renewable energy and help build a better sustainable future for Abdali Mall patrons and the community at large.”
On his part, AEPCo’s Chief Executive Officer, Dr. Hassan Qasem, said: “AEPCo is committed to deliver clean and sustainable energy to its clients. Our team’s commitment and proficient management minimized the impact of execution during the COVID-19 pandemic lock down.
“The shift to a green economy and the integration of renewables is an important transaction that the world is heading towards. We foresee many other sectors moving to decarbonize their footprint and improve their operational costs by applying energy conservation and solar energy systems. This is where we add value through our experienced technical and financial teams.”
URC Jordan Chief Executive Officer, Eng. Abdelmajid Al Kabariti, said: “Abdali Mall has been involved in environment sustainability programs since its construction, whether in its smart car parking system which reduces emissions, or cost-saving features such as open-air spaces and the sunroof allowing natural daylight.
“Through the collaboration with AEPCo on the solar power plant, Abdali Mall will be achieving a cost reduction in energy of over 40% annually. We are pleased to have partnered with the best in this field and look forward to work on future projects for URC Jordan.”