Dubai’s FIVE Hotels has made history by becoming the first and only hotel chain in the United Arab Emirates (UAE) to receive the prestigious International Renewable Energy Certificates (I-REC). These certificates, awarded by the Mohammed bin Rashid Al Maktoum Solar Park implemented by Dubai Electricity and Water Authority (DEWA), validate FIVE’s achievement of utilizing 100% renewable energy throughout 2022. This remarkable accomplishment aligns with the UAE’s Year of Sustainability, reinforcing FIVE’s commitment to environmental responsibility and inspiring other businesses to follow suit.
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FIVE’s Groundbreaking Accomplishment
The UAE’s hospitality sector witnessed a groundbreaking achievement as FIVE Hotels secured the I-REC certification, signifying its exclusive status as the first and only hotel chain in the country to achieve 100% renewable energy. This significant feat positions FIVE as an exemplar of sustainability in the UAE and serves as an inspiration to businesses globally.
DEWA’s Role In Promoting Sustainability
Dubai Electricity and Water Authority (DEWA) played a pivotal role in facilitating FIVE’s renewable energy transition. Saeed Mohammed Al Tayer, the MD & CEO of DEWA, extended his congratulations to FIVE, acknowledging the hotel chain’s pioneering efforts. Al Tayer emphasized DEWA’s commitment to promoting sustainability and transforming Dubai into a sustainable green economy. The Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest solar park utilizing the Independent Power Producer (IPP) model, played a crucial role in providing the necessary renewable energy capacity.
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DEWA’s Ambitious Energy Goals
DEWA’s current production capacity through the solar park stands at an impressive 2,327MW, combining photovoltaic solar panels and Concentrated Solar Power (CSP) technologies. This constitutes approximately 15.7% of Dubai’s total energy production capacity. The authority remains dedicated to achieving the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050, which aim to power Dubai entirely from clean energy sources by 2050.
FIVE’s Sustainability Objectives
By procuring I-RECs from DEWA, FIVE Hotels has solidified its commitment to sustainable practices and taken a significant step towards its Sustainability Objective of Vibrant Communities and Partnerships. The hotel chain’s previous year’s accomplishments speak volumes, with reductions in carbon use intensity by over 76.2%, electricity consumption by 35.3%, and water use by 36.2%. FIVE’s active participation in global sustainability initiatives, such as being a signatory to the UN Global Compact and a member of the Global Sustainable Tourism Council (GSTC), further showcases its dedication to environmental stewardship.
Collaborative Innovation For Sustainable Development
Kabir Mulchandani, Chairman and Founder of FIVE, emphasized the collaborative nature of their achievement. Mulchandani acknowledged the partnership between FIVE and DEWA, both of which share a vision for sustainable development. As COP28 approaches, FIVE’s milestone underscores the power of collaboration and innovation in driving meaningful change. Mulchandani expressed hope that their achievement would inspire others to pursue audacious dreams, foster creative solutions, and actively contribute to global climate revitalization.
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