New energy efficiency firm launched in UAE
Ferroli will redefine standards in the domestic water heater industry of the region with the launch of a product range having the highest energy efficiency and eco-friendly features
: Fast Solutions, a leading importer, re-exporter, technological solutions provider and distributor of renewable energy systems in the UAE, has unveiled Italian global brand Ferroli’s premium range of solar panels and green energy solutions in the UAE.
Ferroli is expected to redefine standards in the domestic water heater industry of the region with the launch of its product range that is equipped with the highest energy efficiency and eco-friendly features.
Ferroli is a multinational giant for home and industrial heating, air-conditioning and water heating solutions. Fast Solutions Contracting & Engineering is a pioneer in the UAE and the Middle East market for the world’s leading brands in water technology and renewable energy systems with products ranging from water heaters, solar systems, gas boilers, heat pumps and calorifiers.
The partnership between Fast Solutions and Ferroli will provide a smart combination of local value and superior quality green solutions in the UAE. Fast Solutions plans to expand the market of Ferroli’s specialized solutions in a phased manner, beginning with the UAE and covering the distribution across other countries including Oman, Saudi Arabia and the untapped Indian market.
Ferroli has brought many innovative heating appliances into the marketplace from high efficiency domestic combi system and open vent boilers to a wide range of renewable products, including complete solar systems, plus an extensive range of commercial boilers. Fast Solutions will exclusively distribute a range of Ferroli products including solar water heaters, electric water heaters, industrial range calorifiers, heat pumps and gas boilers in the UAE.
Speaking about its foray into the UAE and partnership with Fast Solutions, Mr. Marco Ippoliti, Head of Exports at Ferroli Group, said, “We are happy to associate with Fast Solutions, a leader in renewable energy and water technology in the UAE. The Middle East is a huge market for us with the UAE being a very important country to have our presence in, with their exemplary Green Buildings Initiative. We see a great opportunity here, as renewable energy has been our focus over the years and we constantly reach out with these products to a larger consumer segment across the globe. Our water heaters have a host of unique and eco-friendly customer benefits, which are being introduced in the UAE market for the first time.”
“We hope this partnership with Fast Solutions will guarantee a long-term and seamless support and services to our respective end-users in the UAE market. This gives us more impetus and confidence to extend the benefits of the latest eco-friendly solutions that will eventually help advancement in technology utilization for better living. This entry to the Middle Eastern market will not only strengthen our global reach, but would also help us continue our strategy to educate more people, private companies, and government organizations into adopting green products in their offices, homes, factories, lifestyle destinations and hotels,” he added.
Mr. Al Ameen, Chairman of Fast Solutions, said, “We are proud to announce our partnership with the Italian multinational brand Ferroli and bring their products to the UAE market. With green initiatives gaining prominence in our portfolio and along with an array of other energy-efficient products provided by Fast Solutions, we are extremely delighted to be recognized as the strategic partner for Ferroli, which is known for its energy-efficient water heating solutions and solar panels. Over the years, energy-efficiency products have been the top priority for us. This partnership is also in accordance with our expansion plans in the GCC region by adding more global brands and products to our portfolio.”
“Fast Solutions registered a revenue of AED 500 million in the last fiscal year and we are expecting a 12 per cent growth rate by the end of this year. We comply with global green regulations, wherein 20 to 25 per cent of our processes are channeled in line with this initiative, and we intend to cross more than 50 per cent towards this in the future. We are among the top five green energy solutions provider in the UAE and we are working towards emerging as the market leaders in our specific industry segment,” he added.