Dubai, United Arab Emirates: AETOSWire: Leading multinational pump and water application systems manufacturer Grundfos has signed a Memorandum of Understanding (MoU) with Taka Solutions, a Dubai based energy services company (ESCo) that finances, develops and implements solutions aimed at enhancing customers’ energy efficiency and reducing energy-related expenditures providing both economic and environmental benefits.
Grundfos solution ‘No Budget? No Problem!’, can help organizations to finance the investment based on a shared savings model through the right ESCo partners. This portfolio is tailored to customers’ needs, so that monthly energy savings meet or exceed financial costs. Simply put…you pay-as-you-save.
Under the agreement, which was inked today at Grundfos Dubai office, both companies will work to identify projects that present energy savings opportunities based on the replacement, retrofitting or modification of the pumps system. They shall also collaborate on financing these projects in a variety of ways, from full turnkey solutions including sourcing and installation of products, or by offering energy consultancy.
Taka Solutions is a technology and engineering company that uses quality engineering, financing and management to optimize building energy use through comprehensive, turnkey solutions to reduce costs, carbon impact and increase asset profitability and value. The company operates across several key sectors, such as hospitality, healthcare, commercial buildings, and has won various awards for its sustainability contributions.
Commenting on the MoU; Kostas Poulopoulos, General Manager, Grundfos noted, ‘We are proud to initiate this partnership and synergy between our two companies to offer energy saving opportunities for our customers”
As part of the agreement, Grundfos, the award-winning world leader in advanced pump and water application systems, will be providing training, workshops and sustainable pump solutions that optimize Taka Solutions’ energy efficiency projects. It falls in line with Grundfos’ philosophy, which aims to push the boundaries of possibility in energy efficiency and water conservation to improve people’s lives, and will also strengthen Grundfos’ presence in the retrofit and refurbishment market.
“We are excited in this partnership to combine forces where each party adds specific value and can unlock more impact and savings for customers and the planet,” added Charles Blaschke, Managing Director, Taka Solutions.
For his part, Tolga Candan, Business Development Manager, Energy Opt & Retrofit, Grundfos concluded, “It’s also a great pleasure that signing of the MOU coincided with commissioning of our first joint project with Taka Solutions where the initial results significantly reduce the energy consumption of pumps and generating close to AED100,000 per year savings with an ROI of less than one year, on top of the further savings and benefits of overall HVAC optimization.”
About Grundfos Gulf Distribution:
Grundfos is a global leader in advanced pump solutions and a trendsetter in water technology. The company contributes to global sustainability by pioneering technologies that improve quality of life for people and care for the planet. Grundfos Gulf Distribution FZE was incorporated in 1989 in Dubai, and provides its services across all Middle Eastern countries. Grundfos provides energy efficient pumps and smart pumping solutions for various applications across diverse segments including domestic & commercial buildings, industries, water utilities (water & wastewater management) and pumps running on renewable energy.