Philips has announced a strategic partnership with Aruba which will help the island nation achieve US$1.2-1.7 million energy cost savings per year.
Royal Philips and Aruba’s government signed a Memorandum of Innovation to support Aruba’s Smart Island Strategy for sustainablity and to achieve a goal of 100% clean energy by 2020.
"The partnership with Philips will contribute to the sustainable economic development Aruba is pursuing, which relies on a knowledge-based economy using the island’s strategic location in the region between Europe and the Americas," commented Prime Minister Mike Ema of Aruba.
Philips will complete an in-depth assessment of the island’s entire public lighting system and provide solutions for public buildings and outdoor lighting systems. When the new lighting strategy is complete the small island can expect carbon dioxide savings of 3,000-4,000 tons a year, resulting in initial energy savings of 50-80%.
"Philips is proud to partner with Aruba and help the island to realize its strategy to become one of the most sustainable markets in the region and around the globe," commented Henk de Jong, CEO of Philips Latin America. "This effort in Aruba will become an important showcase for innovation that helps deliver energy efficiencies and makes cities, office buildings, homes and products more sustainable. And we do it through meaningful innovation."
Philips has an impressive track record when it comes to sustainability projects,. In 2013 City of Beunos Aires
chose Philips LED street lighting, which is expected to deliver 50 percent energy savings for the city within three years. In 2009, Philips took part in Mexico’s groundbreaking Luz Sustentable project, and distributed a total of 30 million energy saving light bulbs to households.