Siemens supports the UAE's American University of Ras Al Khaimah’s energy conservation plan with energy systems retrofit

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• AURAK will benefit from 21% lower electricity bills, and 15% lower water bills, equivalent to around AED 900,000 saved each year, while cutting its annual carbon emissions by 700 tons
• Siemens is providing energy-efficient air-conditioning and water-conservation systems at the AURAK campus

Siemens has partnered with the American University of Ras Al Khaimah (AURAK) to help the university reduce expenses and curtail carbon emissions as it educates a future generation of leaders.

A part of the collaboration, Siemens will be retrofitting the air conditioning, ventilation, lighting and hot water systems and install water conservation equipment and advanced energy controls across 19 buildings at the AURAK campus. These measures will save the university around AED 900,000 annually which will be guaranteed under Siemens' leading performance assurance program.

• AURAK will benefit from 21% lower electricity bills, and 15% lower water bills, equivalent to around AED 900,000 saved each year, while cutting its annual carbon emissions by 700 tons
• Siemens is providing energy-efficient air-conditioning and water-conservation systems at the AURAK campus

Siemens plans to address four levers of AURAK's decarbonization roadmap. The first is to reduce consumption via the scope of this project. Subsequent phases will include producing energy on site by leveraging renewable technologies, transitioning to electrification, and carbon offsetting.

The Energy Performance Contracting Project, to be completed before the end of this year, is expected to reduce AURAK's electricity consumption by 1.7 million kilowatt-hours, water by 1.8 million imperial gallons and carbon emissions by 700 metric tons, per year, the equivalent of growing more than 11,000 trees over 10 years.

His Excellency Prof. Hassan Hamdan Al Alkim, American University of Ras Al Khaimah President, said, "The launch of this project marks another milestone in AURAK's plan of environmental sustainability and energy conservation at our campus, and this comes in line with Ras Al Khaimah Energy Efficiency and Renewables Strategy 2040. By using energy and water more wisely on our campus, we will also reduce our carbon footprint."

"Making university campuses smarter and more efficient is a top priority for Siemens globally and in the UAE," said Franco Atassi, the CEO of Siemens Smart Infrastructure in the Middle East. "Our collaboration with AURAK, one of the country's most prestigious universities, is one example of what Siemens can do to improve the efficiency and environmental sustainability of buildings everywhere, from schools to factories to office buildings to entire cities."

Ras Al Khaimah Municipality through Reem, its energy efficiency and renewables office, is serving as a technical advisor to AURAK. His Excellency Munther Mohammed bin Shekar, Director General of RAK Municipality, said, "Ras Al Khaimah Municipality recognizes and congratulates AURAK and Siemens on their collaboration to support the adoption of new technologies and practices that will reduce energy intensity in several AURAK buildings. As part of Ras Al Khaimah Energy Efficiency and Renewables Strategy 2040, we are promoting many more projects of this type with other Ras Al Khaimah entities, and AURAK's example will encourage other energy users to take initiative."

SSiemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Mohammed Aly Sergie

Siemens Middle East

+971-56-411-2019

[email protected]