Grundfos, a leading multinational pump and water application systems manufacturer has parntenered with Dubai based energy services company (ESCO), Taka Solutions to drive up energy savings for its customers in the UAE.
Both companies will work to identify projects that present energy savings opportunities based on the replacement, retrofitting or modification of the pumps system.
This follows a memorandum of understanding signed early this week at the Grundfos Dubai office.
The two companies shall also collaborate on financing these projects in a variety of ways, from full turnkey solutions including sourcing and installation of products, or by offering energy consultancy.
Taka Solutions is a technology and engineering company that uses quality engineering, financing and management to optimize building energy use through comprehensive, turnkey solutions to reduce costs, carbon impact and increase asset profitability and value.
The company operates across several key sectors, such as hospitality, healthcare, commercial buildings, and has won various awards for its sustainability contributions.
Grundfos will offer training, workshops and sustainable pump solutions that optimize Taka Solutions’ energy efficiency projects.
“This falls in line with Grundfos’ philosophy, which aims to push the boundaries of possibility in energy efficiency and water conservation to improve people’s lives, and will also strengthen Grundfos’ presence in the retrofit and refurbishment market,”said Kostas Poulopoulos, General Manager, Grundfos.
Charles Blaschke, Managing Director, Taka Solutions said that each party will add unique value to unlock new possibilities and savings for both their respective customers.
The MOU coincides with the commissioning of Grundfos’ first joint project with Taka Solutions where the initial results significantly reduce the energy consumption of pumps and generating close to Dh100,000 per year savings with a return on investment (ROI) of less than one year, on top of the further savings and benefits of overall HVAC optimisation.