Arab News, Sat, Mar 23, 2024 | Ramadan 13, 1445
Diriyah to see emission, energy consumption cut
Saudi Arabia:
Saudi Arabia’s Diriyah is poised to
significantly cut energy consumption and emissions thanks to a new agreement
with a leading cooling solutions provider.
Diriyah Co. has announced the signing of a
partnership with City Cool, a fully-owned subsidiary of the Al-Rajhi Holding
Group, with the aim to establish a cutting-edge air station and distribution
network, capable of delivering a maximum cooling capacity of 72,500
refrigeration tonnes.
City Cool said that it has entered into a 25-year
build, own, operate, and transfer infrastructure, or BOOT agreement. with
Diriyah Co. to construct an advanced plant and supply chain. The subsidiary
emphasized that this initiative significantly aligns with the Kingdom’s
sustainability objectives.
CEO of Diriyah Co. Group Jerry Inzerillo said that
the agreement represents a significant achievement within the framework to
encourage investment in various fields, with the aim of enhancing comprehensive
and sustainable solutions that improve the quality of life for citizens and
visitors to “the Kingdom's jewel.”
He added: “Signing such an agreement aims to
provide a healthier life in Diriyah by reducing the carbon footprint, which is a
fundamental principle in all our projects, through focusing on energy
efficiency, reducing water consumption, and enhancing quality of life through
all possible means.”
Abdul Salam Al-Moubayed, CEO of City Cool, was
quoted by the Saudi Press Agency as saying that they are proud to be part of the
Diriyah project.
“Our common goal is to preserve the environment
and inject investments in this field to meet the demands for cooling solutions,
especially with the expansion of projects in Diriyah and in the Kingdom as a
whole, in line with Vision 2030,” he said.
In its report, SPA pointed out that this agreement
represents one of the largest partnership contracts signed by the company,
underscoring its commitment as a developer to leverage its expertise and
resources to reshape and plan Diriyah and transform it into a nurturing ground
for culture, entertainment, education, and arts on a global scale, in harmony
with the architectural design and identity of the area.