23/10/2025 02:14 AST

Emirates Central Cooling Systems Corporation (Empower) has announced that it has started work on its second district cooling plant in Jumeirah Village Circle, which on completion, will have a production capacity of 37,000 refrigeration tonnes (RT).

The company confirmed that the construction will proceed according to the approved schedule under the direct supervision of Empower's in-house projects team.

Empower said the Jumeirah Village project is one of its largest and most prominent developments.

The company is building six advanced district cooling plants to serve the entire area, with a combined capacity of 256,000 RT.

The new plant, the second in the area, will join the existing world's first unmanned district cooling plant, which has a cooling capacity of 49,000 RT, it stated.

Featuring advanced cooling technologies that offer high energy and water efficiency, the new plant will provide services to numerous residential, commercial, and hospitality buildings in the area.

Empower pointed out that the new plant will integrate the award-winning Thermal Energy Storage (TES) and Treated Sewage Effluent (TSE) technologies to ensure the highest levels of efficiency and performance in producing and distributing chilled water.

"Empower continues its strategic expansion by developing and operating next-generation district cooling plants that leverage the latest and most sustainable global technologies," remarked its CEO Ahmad Bin Shafar.

The construction of the second plant in Jumeirah Village marks a significant milestone in the company's efforts to enhance its operational capacity and meet the growing demand for district cooling services in the area, in line with the highest standards of environmental efficiency and technological innovation, he stated.

"Empower is committed to implementing advanced solutions that optimise energy consumption and preserve natural resources. These include the use of thermal energy storage technologies and treated water in district cooling operations, which enhance operational efficiency and reduce carbon emissions," he added.


Trade Arabia

Empower distributes Dh2.575 billion in dividends since DFM listing

10/03/2026

Emirates Central Cooling Systems Corporation PJSC (Empower) has reaffirmed its commitment to distributing dividends to shareholders regularly, twice a year, since its listing on the Dubai Financial M

Khaleej Times

Empower awards design contract for Business Bay district cooling plant

26/02/2026

Emirates Central Cooling Systems Corporation (Empower) has announced that it has awarded the design contract for the fifth district cooling plant in Business Bay, Dubai. Once operational, the plant w

Trade Arabia

Empower posts record Dh1 billion profit as capacity, customer base surge in 2025

11/02/2026

Emirates Central Cooling Systems Corporation (Empower) reported its strongest financial performance to date, posting a 10.5 per cent rise in net profit to Dh1.004 billion for 2025, driven by higher r

Khaleej Times

Ticker Price Volume
EMPOWER Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
TAQA 2.30 -0.06 (-2.55%)
DEWA 2.76 -0.05 (-1.78%)
ACWAPOWER 166.50 -3.30 (-1.95%)
SAUDIENERGY 17.05 -0.08 (-0.47%)
MARAFIQ 31.26 -0.20 (-0.64%)
Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia