United Real Estate Company K.S.C.P (URC), a leading real estate developer and investor in Kuwait and the MENA region has completed the construction of a solar power plant in Abdali Mall with Alternative Energy Projects Company (AEPCo), a member of Kipco Group.
Immersed in the heart of Amman in spectacularly 227,000 square meters of modern and refined architectural space, Abdali Mall is the Kingdom’s upscale retail and entertainment hub and the first of its kind to utilize eco-friendly technologies, designed with open-air features, allowing for natural air-flow circulation and the warmth of sun rays.
The solar plant will decarbonize and optimize the energy consumption of the mall, reduce the operational costs, increase the sustainability metrics of the mall and improve the carbon footprints. The operation of the solar plant has already started. The current installed capacity at the mall is 2500 kWp and it will meet the requirements of the mall for the coming 20 years.
On the project completion, URC Vice Chairman and Group CEO Mazen Issam Hawwa said, “We are proud to have been part of bringing Abdali Mall’s solar panel plant to full operation. The initiative was driven by URC’s human-centered approach which invests in efforts that mitigate climate change through zero-carbon renewable energy and help build a better sustainable future for Abdali Mall patrons and the community at large.”
AEPCo’s CEO Dr. Hassan Qasem said, “AEPCo is committed to deliver clean and sustainable energy to its clients. Our team’s commitment and proficient management minimized the impact of execution during the COVID-19 pandemic lockdown. The shift to a green economy and the integration of renewables is an important transaction that the world is heading towards. We foresee many other sectors moving to decarbonize their footprint and improve their operational costs by applying energy conservation and solar energy systems. This is where we add value through our experienced technical and financial teams.”
URC Jordan Chief Executive Officer Abdelmajid Al Kabariti said, “Abdali Mall has been involved in environment sustainability programs since its construction, whether in its smart car parking system which reduces emissions, or cost-saving features such as open-air spaces and the sunroof allowing natural daylight. Through the collaboration with AEPCo on the solar power plant, Abdali Mall will be achieving a cost reduction in energy of over 40% annually. We are pleased to have partnered with the best in this field and look forward to work on future projects for URC Jordan.”
