The ESCO accreditation scheme was developed by the Regulatory and Supervisory Bureau (RSB) to regulate the ESCO market and provide cities with a broad range of energy solutions.
According to the news release by Philips, ESCO accreditation applicants need to provide adequate evidence on the compulsory energy auditing capabilities and tools to handle ESCO projects, as well as share reference projects, demonstrate financial strength and a strong presence in Dubai.
As part of the accreditation, lighting leader Philips was awarded a lighting refurbishment project by Etihad-ESCO in January 2015 to install retrofit LED lighting within 262 power plant buildings owned by the Dubai Electricity and Water Authority (DEWA).
“The Middle East is the second region after China where we have received accreditation as an ESCO which is a key milestone allowing us to enter and compete in a new domain of services,” said Rami Hajjar, General Manager of Philips Lighting Middle East & Africa.
“Philips encourages the use of energy-efficient lighting through the introduction of the most innovative technologies in the lighting industry and these are now available to Dubai through the ESCO model.”
Philips will implement and maintain the lighting infrastructure for all DEWA buildings for a period of five years.