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Millennium Energy Industries Engages with the Lebanese Market

November 04, 2009
Country: Jordan , Lebanon
Client(s): Millennium Energy Industries

Millennium Energy Industries (MEI) announced yesterday, from its regional base in Amman, its readiness to launch its operations, using a grant provided by the European Union and in cooperation with Jordan Enterprise Development Corporation (JEDCO), in the Lebanese market. MEI, a leading international advanced solar heating and cooling solutions integrator company operating in the MENA region, will start offering the industrial, commercial, and residential sectors in Lebanon its fuel saving solar space heating and water heating solutions.

MEI will provide economically viable solar hot water and space heating solutions that save up to 85% on traditional fuel bill such as gas, diesel and electricity.

“With experience gained from +200 projects executed by MEI in the MENA region, and payback on initial investment of 1-5 years, depending on the application and fuel prices locally, we are happy to announce that Lebanese investors can now start taking advantage of our solar space and water heating solutions for hotels, hospitals, residences and malls, as well as educational and industrial facilities”, said Ennis Rimawi, Chairman of MEI.

MEI also offers, using a solar adsorption chiller manufactured by MEI’s partner, economically and technically viable solar cooling solution, the first of its kind in the world to operate successfully in harsh summer conditions, as demonstrated in Aqaba, Jordan. MEI’s cooling solution has been operating with high efficiency in Aqaba since June of this year, where temperatures reach up to 45 degrees Celsius.
With rising interest in solar solutions in the Lebanese market, due to high fuel prices, and solar projects executed and awarded to MEI across the region, MEI is currently responding to inquiries from interested potential clients in Lebanon, to study their energy demand, and propose solar solutions that suit their energy needs.
 
MEI’s installation in the Marriott Dead Sea Resort
MEI has recently been awarded several new projects in Jordan including the Siniora Food Industries, the Crown Plaza Resort, and several Schools funded by the German and American governments. These projects come after MEI’s completion of the Marriott Dead Sea Resort project; one of the largest of its kind in the hospitality sector in the world, in which MEI’s solar system is heating the resort’s pools and providing the resort with its need of hot water for domestic use.

Company Information
About Millennium Energy Industries:-

MEI was founded in 2002 by a shared vision between scientific and business minded pioneers with the objective of serving the solar energy needs of the region utilizing best in class proven technology for solar thermal and power. Today, MEI is an international company, based in Amman-Jordan and operating in the Arab MENA region, with over 200 reference solar energy projects in more than ten countries. www.millenniumenergy.co.uk

MEI is majority owned by Catalyst Private Equity, an Arab regional energy and water technology fund based in Jordan. MEI’s core products and services include solar thermal applications for residential, commercial and industrial clients, solar cooling and solar power. www.catalystpe.com

Contact Information
Company name : Millennium Energy Industries
Telephone No. : +962 6 585 5533
Fax : + 962 6 581 3753




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