Enova, Schneider Electric join forces to advance GCC energy solutions
ABU DHABI, 18 hours, 11 minutes ago
Enova, a premier provider of integrated energy and multi-technical solutions, has entered a strategic collaboration with Schneider Electric, a global leader in the digital transformation of energy management and automation, to advance energy solutions in the Gulf.
A joint venture between Majid Al Futtaim, a leading integrated lifestyle provider, and Veolia, a major provider of utility management solutions, Enova has been playing a significant role in the region since its establishment in 2002.
It has enabled clients across the region to achieve more than AED530 million ($144 million) in total energy cost savings and reduce carbon emissions by over 580,000 tonnes.
According to Enova, this collaboration will drive the adoption of smart technologies and support the integration of renewable energy into core business operations.
The initiative empowers businesses to contribute meaningfully towards regional goals to scale clean energy and efficiency, through Schneider Electric’s EcoFit and EcoCare programs, aimed at modernizing aging systems and ensuring circularity.
The strategic collaboration brings to the fore Schneider Electric technologies - including microgrids, photovoltaic (PV) systems, and electric vehicle (EV) charging infrastructure - with Enova’s deep expertise in energy efficiency strategies and advanced asset management systems.
As the region intensifies efforts to decarbonise its economy and transition toward cleaner and more resilient energy systems, the collaboration will focus on driving impactful outcomes in energy efficiency and emissions reduction, it stated.
Enova CEO Renaud Capris said: "As we accelerate our progress towards a sustainable energy future in the Gulf, our collaboration with Schneider Electric enables us to integrate advanced technologies and energy efficient solutions and to optimize our service portfolio and enhance value for our clients."
"Together, we are uniquely positioned to enable our clients across diverse sectors optimize their energy use and decarbonize operations in alignment with Enova stakeholders’ environmental objectives – including Veolia’s GreenUp strategic program – while making a meaningful contribution to the region’s environmental goals," he added.
Amel Chadli, President of Gulf Countries at Schneider Electric, said: "As the region places greater urgency on decarbonising its economy and building more resilient energy systems, it has become increasingly important for businesses, of various sectors, to optimize energy consumption, maintain a healthy and productive environment, and update aging facilities."
"Our collaboration with Enova builds on our commitment to set a new standard for decarbonization in the region through the convergence of technology and expertise. Our shared goal is to support organizations in driving meaningful transformation through sustainability, innovation, and operational resilience," she stated.
"By integrating Schneider Electric’s connected technologies with Enova’s on-the-ground capabilities in asset management and technical operations, the two companies will deliver future-ready solutions that respond to clients’ evolving sustainability requirements," she added.-TradeArabia News Service
