Hara signs one of the biggest deals in Abu Dhabi
Valley start-up Hara has recently signed one of the biggest energy and resource management deals. Hara declared its deal with the state-run utility Abu Dhabi Water and Electricity Authority (ADWEA) in Cancun in Mexico, during the second week of U. N.'s climatic negotiations.
ADWEA wants to use Hara's software services to control and regulate the energy usage of the area, with expectations of saving around $3 billion through a decade, which amounts to a decrease of 4 GW of peak power, or many 500 MW natural gas plants within the next ten years.
The gross yearly energy savings could well be more than 12,000 GW by the year 2020 with Hara's software, which is almost the same as the removal of 10 million tons of Carbon dioxide.
ADWEA has over a 1.4 million customer base, which is nearly 40 percent of United Arab Emirates gross population. Hara's software will be by ADWEA for tracking more than 200,000 commercial and residential buildings.
Abu Dhabi has been developing at a swift pace for many years now, though it was hit by the recession in 2009 like most other regions. This has displayed the fact that nothing says energy efficiency better than a downturn.
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