Potential products that are likely to gain traction in the GCC energy efficiency industry are LED lighting, district cooling, building insulation, variable frequency drives, energy recovery devices, solar thermal air conditioning and building integrated photovoltaics. (Image source: Jeff Wilcox/Wikimedia Commons)
Analysis by Frost & Sullivan shows that the market for energy performance contracting in the UAE was estimated to be US$80mn to US$100mn in 2015 and is expected to have a CAGR of 15-17 per cent in the next four to five years
