Latest News & Events

Corys Environment and Taka Solutions launch joint venture devoted to reducing UAE’s energy consumption

Dubai, United Arab Emirates, 10 October 2016: Corys Environment, the environmental investment arm of Green Coast Enterprises, and Taka Solutions, a technology and engineering energy service company (ESCO), announced today the creation of a joint venture, Taka Energy Services. With this joint venture they aim to work towards their shared vision of optimizing the use of energy in buildings and homes using energy efficiency and the energy performance contracting model.

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SirajPower to deliver first privately owned Photovoltaic system under a leasing frame

Axiom Telecom and SirajPower have signed a 20-year lease agreement to deliver the first privately owned photovoltaic (PV) system in the Middle East. As per the contract, SirajPower will install the PV system at its own costs on Axiom Telecom’s roof and will be paid a monthly rent based upon the electricity produced by the system.

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Corys Environment secures Solar projects in Jordan

Zahrat Al Salam, Al Ward Al Joury and Al Zanbaq, located in the Ma’an development Area, south of the capital city Amman, Jordan. With an estimated project cost of US90 million for the three projects, this is part of Jordan’s government Renewable Energy Program, which aims to increase renewable energy contribution to 10% of the country’s generation mix by 2020. The combined projects will generate over 78 GWh, meeting the growing demand for electricity in Jordan as well as diversify the country’s fuel mix. It is expected that the solar plants will generate electricity by the second quarter of 2015.

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Corys Environment signs partnership with veolia water solutions & technologies.

Veolia Water Solutions & Technologies has announced a new partnership with Corys Environment, the environmental investments arm of Green Coast Enterprises.

The new partnership was announced at the 16th Water, Energy, Technology Exhibition (WETEX) being held from the 14th to 16th of April under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

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Corys Environment and Akuo Energy launch a Dubai-based joint venture devoted to net metering

The joint venture provides comprehensive turnkey net metering solutions for industrial and commercial clients. The programme is being launched immediately with solar rooftop solutions for two first factories. Akuo Energy Solutions, subsidiary of the leading French independent power producer in renewable energy Akuo Energy and Corys Environment, the environmental investment arm of Green Coast Enterprises announced in December the creation of a joint venture to provide comprehensive turnkey net metering solutions on solar rooftops in Dubai. Read More