District cooling services are to be provided at the Lagoons project by The Emirates Central Cooling Systems Corporation (Empower).
Empower has signed a 25-year agreement and will install eight district cooling stations with a capacity of 300,000 refrigerated tonnes.
The Lagoons is a freehold, mixed-use waterfront project being developed on the Creek by Sama Dubai, the international real estate investment and development arm of Dubai Holding.
"The agreement is an important step to ensure the efficient use of energy resources," said Farhan Faraidooni, Executive Chairman of Sama Dubai.
"By implementing a district cooling system the Lagoons will eliminate the use of ozone-depleting refrigerants, increase building efficiency and reduce demand on local power utilities by up to 30 per cent.
"Empower's excellent track record of delivering safe, reliable and environment-friendly district cooling solutions made it the obvious service provider of choice."
The Lagoons is being developed next to the Ras Al Khor Wildlife Sanctuary and the protection of the environment is a key feature. There will be a large number of parks and green belts as well as reduced density housing and building heights in a buffer zone.
Empower CEO Ahmad bin Shafar said district cooling had been adopted by several projects in Dubai as an effective and efficient method of air- conditioning.
"The Lagoons initiative will reduce the annual percentage of carbon dioxide emissions by about one tonne for every tonne of district cooling refrigeration demand served," he added.
30%: The move will reduce demand on local power utilities by up to this percentage