Aligned with its commitment to sustainability and clean energy, Al Hamra Real Estate Company has successfully finished installing cutting-edge solar panels on the roof of the parking complex at Al Hamra Business Tower and Shopping Center.
This collaborative effort, involving the Kuwait Foundation for Advancement of Sciences (KFAS) and Kuwait Institute of Scientific Research (KISR), utilized photovoltaic solar panels with a total capacity of 240 kWp. Employing the latest technological advancements and leveraging expert knowledge, the project became operational remarkably quickly, starting on August 15.
This exceptional venture sets an innovative example and represents a significant achievement in Al Hamra’s dedication to fulfilling its environmental and social responsibilities in Kuwait. With the incorporation of the new solar panels, Al Hamra is projected to save about 400 megawatt-hours of electricity annually. This amount is comparable to powering over 5 homes for an entire year and conserving around 245 barrels of oil per year.
Furthermore, this initiative is anticipated to counteract carbon dioxide emissions by an impressive 360 tons annually, positioning it as one of Kuwait’s most environmentally conscious endeavors within the corporate sector. As the tallest installation of its kind in Kuwait, this forward-looking project aims to stimulate greater involvement from private sector enterprises, driving the adoption of solar energy.
In line with its ambitious growth strategy, Al Hamra aims to fulfil 15% of local electricity demands through renewable sources by 2030. This pursuit aligns seamlessly with Kuwait’s commitment to achieving carbon neutrality by 2050. The project effortlessly aligns with the Kuwait Vision 2035 framework, which pursues multiple goals to nurture a sustainable living environment. Both KFAS and KISR have made significant contributions to sustainability.
Nonetheless, this recent collaboration with Al Hamra Real Estate Company stands out due to its potential to encourage increased private sector engagement in adopting sustainable energy practices. From a construction standpoint, Al Hamra’s integration of solar panels adheres to global sustainability principles and is set to positively transform customer service and experience, enhancing the overall quality of life.
Through partnerships with KFAS and KISR, Al Hamra leveraged their scientific expertise to ensure the project’s execution surpassed international benchmarks. With this pioneering initiative, Al Hamra has added yet another achievement to its list, positioning itself among esteemed local and global enterprises renowned for excellence. This accomplishment harmonizes seamlessly with its overarching strategy of continually enhancing the quality of life and delivering consistent value to clients.
