As part of its commitment to long-term sustainable development, the EQUATE Group, in partnership with the National Technology Enterprise Company (NTEC), has completed a solar power project that will deliver clean renewable energy for the Public Authority of Industry (PAI). Of the 655 solar panels that were placed on the PAI rooftop, approximately 419 Mwh will be generated per year to meet demand for electrical renewable energy that will help reduce about 252 tons of CO2 annually.
Commenting on the completion of the project, Abdulkarim Taqi, PAI Director-General, said: “This project is a demonstration of a successful private and public sector partnership that realizes the ambitions of His Highness Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to generate 15% of Kuwait’s power demand from renewable energy by 2030. The completion, in partnership with EQUATE Group and NTEC, of the installation of solar panels, is the first solar project of its size for the country – and will be used as a prototype for future government buildings to implement renewable energy solutions that create efficiencies and contribute to the protection of the environment.”
The Public Authority of Industry was established in 1997, to develop, promote and supervise the industrial activity in the State of Kuwait.
CEO-elect and Senior Vice President, Mr. Naser Aldousari, said: “The EQUATE Group has a long-term commitment to sustainability applied across all disciplines of our business, aiming to achieve sustainable economy, environment, and community.
“The Renewable Energy Project at the PAI building reflects Kuwait’s progressive steps in developing its sustainable energy production, and our partnership with NTEC on this affirms our shared mission to make as positive and sustainable an impact in everything we do.”
Anas Meerza, Group CEO, NTEC, said: “NTEC was mandated to play a role in identifying and initiating technology projects that contribute to the development of Kuwait, and the region. This latest partnership with EQUATE, employing technology that provides clean renewable energy for the PIA is a successful demonstration of this. We believe that this will encourage more private sector and international companies to play a role in expanding the country’s solar energy capabilities.”
EQUATE continues invests an annual average of US$ 500 million in the Kuwait economy. This includes employment of national professionals, contribution to social, educational and environmental initiatives, as well as partnering with the local private sector in its operational local content.
