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AURAK Signs Deal with German Renewable Energy Firm

By Dipo Olowookere

A Memorandum of Understanding (MoU) has been signed by the American University of Ras Al Khaimah (AURAK) and Neon Energy Green Building Construction Materials, a multinational German firm which focuses on energy-efficiency and renewable solutions.

Neon Energy will assist the university throughout its participation in the 2018 Solar Decathlon Middle East competition, which will see AURAK construct an entirely sustainable, zero-energy home. The agreement ensures that the students who form the university’s team will receive training, support and the latest technology as they participate in the prestigious event.

Prof. Hassan Hamdan Al Alkim, president of the university, stated, “This competition puts AURAK in the spotlight, so we are striving to ensure that our team has world-class expertise and state-of-the-art technology. This type of support will enable us to reach our full potential and really show the world what we are capable of.”

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Neon Energy, in addition to its office in Dubai, also operates in Greece, Turkey, Romania and Bulgaria, as well as New York and California in the United States. They will also collaborate with AURAK in terms of research, through its RAK Research and Innovation Center, which specializes in harnessing solar energy for a number of tasks, such as cooling and water desalination. Specific areas that the two parties intend to investigate include LED lighting, photovoltaic cells and electrical power systems.

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The two entities have also agreed to cooperate in the provision of RAKRIC’s energy auditing services, to exchange relevant information and expertise. Similar to RAKRIC, Neon Energy focuses on energy-efficient solutions, energy-efficient aluminum systems, and renewable energy solutions.

Prof. Mousa Mohsen, dean of the university’s School of Engineering and director of RAKRIC, stated, “There is a lot of exciting work in these fields and we are looking forwarding to working alongside Neon Energy as we attempt to provide the world with viable renewable energy solutions.”

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Alexis Gianniotis, CEO of Neon Energy, added, “It’s our duty to contribute to the environmental sustainability of the UAE. It is a great honor to be aligning this vision with the American University of Ras Al Khaimah.’’

The agreement was signed by Prof. Al Alkim, Alexis Gianniotis, CEO of Neon Energy, and Marios Gekas, COO of Neon Energy.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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