Tarshid, the National Energy Services Company, and Siemens Saudi Arabia have signed a smart energy agreement to reduce 4,300 tons of CO2 emissions and support the National Information Center (NIC) save 28 percent on energy consumption annually.
This agreement comes in light of the Kingdom Vision 2030 and its continuous efforts to rationalize energy consumption, reduce greenhouse gas emissions and conserve the environment.
Leveraging on the Energy Savings Performance Contract (ESPC) model to accelerate smart building performance initiatives and reduce national domestic energy usage, Siemens aims to support businesses in the Kingdom along their journey toward a more sustainable and profitable future.
Siemens partnered with Tarshid to implement a holistic building performance and sustainability solution for the NIC.
“With buildings now becoming an essential part of clean energy transition strategies in the Kingdom, Siemens’ energy-saving measures for its cooling, lighting and occupancy-based energy project ensures the best outcomes for their project value and minimizes operating expenditures within the ESPC’s 10-year payback plan,” the company said.
“Siemens has been a trusted partner of Saudi Arabia for nearly a century,” said Elangovan Karuppiah, CEO of Siemens Smart Infrastructure, Regional Solutions and Services, Middle East and Asia.
“This exciting new energy efficiency project is evidence of our firm commitment to jointly build the smart infrastructure that will power the Kingdom’s smart cities and create a sustainable future for the next generation,” Karuppiah added.