Market Overview

The Abu Dhabi Water and Electricity Authority (ADWEA) Selects Hara to Drive Energy Efficiency for More Than 200,000 Facilities across the Emirate of Abu Dhabi

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CANCUN, Mexico--(BUSINESS WIRE)--

COP16 – Hara, a leading provider of environmental and energy management software, today announced that it has signed a multi-year, multi-million dollar agreement with the Abu Dhabi Water and Electricity Authority (ADWEA), the largest state-run utility in the United Arab Emirates. The efficiencies gained from the Hara™ Environmental and Energy Management (EEM) deployment are expected to save the Emirate of Abu Dhabi 3 Billion USD over 10 years. Peak demand reductions resulting from the deployment are estimated to be over 4 gigawatts (GW) in 2020, allowing for deferred construction of several 500 megawatt (MW) conventional natural gas power plants. Total annual energy savings are projected to top 12,000 gigawatt hours (GWh) by 2020**. This would save almost ten million tons of carbon dioxide, equivalent to taking 1.9 million cars off the road.

Hara will serve as the primary environmental and energy management technology partner for ADWEA's far reaching sustainability initiative. The Hara EEM implementation will provide system-wide consumption monitoring as well as conservation and efficiency investment modeling for over 200,000 commercial and residential facilities. By providing a holistic view of energy consumption in the region, the solution enables the identification, prioritization and tracking of energy efficiency projects on an unprecedented scale. Hara EEM will also serve as the core technology platform for optimizing Abu Dhabi's energy and electricity use, its greenhouse gas emissions and will provide advanced analytical support for the implementation of the region's smart grid and alternative energy investments.

“The Emirate of Abu Dhabi plans to set new standards for water and electricity services in the region over the next five years through the application of innovative technologies,” said ADWEA Chairman, His Highness Sheikh Diab Bin Zayed Al Nahyan. “The Abu Dhabi economy is achieving rapid growth which makes it vital for us to make the best use of our natural resources. Our new environmental and energy management solution from Hara will facilitate and accelerate the implementation of alternative strategies for energy efficiency and natural resources using optimal sustainable methods, as well as reduce the Emirate's carbon footprint and energy consumption for the benefit of present and future generations."

ADWEA supplies electricity and potable water to the population of the Emirate of Abu Dhabi including the cities of Abu Dhabi, Al Ain and the Western Region. ADWEA serves more than 1.4 million people, representing more than 39% of the UAE's total population, over an area of approximately 67,340 square kilometers, about 87% of the UAE's total area. ADWEA is managed by a board of management chaired by His Highness Sheikh Diab Bin Zayed Al Nahyan.

“Hara is honored to be selected as a key partner in Abu Dhabi's ambitious program to lead the United Arab Emirates in innovation and sustainability”, said Amit Chatterjee, CEO and Founder, Hara. “We are inspired by ADWEA's bold leadership in the utility sector in addressing energy consumption and natural resource conservation and we are excited by the milestone this represents for the environmental and energy management space. As ADWEA's partner, we're even more proud of the role we get to play in helping them achieve sustainable outcomes for present and future generations.”

In the growing market of environmental and energy management, Hara has emerged as a leader through consistent product delivery, customer deployments and domain expertise. Deployed in over 97 countries, Hara EEM is a cloud-based solution that enables organizations to strategically manage and optimize their energy and natural resource usage and identify and execute efficiency strategies across the enterprise and value chain. Hara works with leading companies and government organizations to establish each client's environmental and energy record, identify and prioritize reduction projects, and implement best practices.

About Hara:

Hara helps organizations grow and profit while optimizing natural resource consumption and minimizing environmental impact. The Hara™ Environmental and Energy Management solution enables organizations to manage and optimize their organizational metabolism – the collective resources consumed and resulting outputs across an organization and its value chain – including energy, water, waste, and carbon. Hara empowers an end-to-end environmental and energy business process from reporting to reduction to help organizations improve operational efficiency, maximize value and manage risk. Hara customers include leading organizations such as Aerojet, Akamai, City of Las Vegas, City of Palo Alto, City of Philadelphia, Coca-Cola, Diebold, Hasbro, Intuit, News Corporation and Safeway. The company is funded by Kleiner Perkins Caufield & Byers, JAFCO, and Nth Power. For more information, please visit www.hara.com.

*Gigawatt (GW) - Unit of electric power equal to one billion (109) watts, one thousand megawatts, or enough to supply a medium size city.

**Gigawatt Hour (GWh) - Unit of electrical energy equal to one billion (109) watt hours, one thousand megawatt hours, 3.6 terajoules, or 3.41 billion British thermal units (Btu).

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Hara
Stephanie Hess
650-249-4510
stephanie.hess@hara.com
or
The OutCast Agency
Erica Billups
415-392-8282
hara@theoutcastagency.com

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