Yellow Door Energy partners with ETG on solar lease in Dubai
Yellow Door Energy, a UAE-based sustainable energy provider for businesses, has been awarded a solar project with ETG, a diversified global conglomerate, for its agricultural processing and food storage facility in Dubai World Central Free Zone, Dubai, UAE.
The 383 kilowatt-peak rooftop solar plant is expected to generate 620,000 kilowatt-hours of clean energy in its first year of operation, equivalent to reducing 6,000 tonnes of carbon emissions over the system lifetime. Over 700 solar panels will be installed to cover 3,100 square meters of roof space, meeting 85% of the facility’s energy consumption needs.
Tarun Chawla, Chief Operating Officer for ETG’s Pulses and Edible Nuts Business, said: “ETG is dedicated towards driving sustainability. This partnership with Yellow Door Energy will help us utilize clean energy for our processing, in turn providing eco-friendly commodities to our customer base. We aim to undertake similar measures on a global scale to ensure we leave behind sufficient resources for future generations.”
Rory McCarthy, Chief Commercial Officer of Yellow Door Energy, said: “We are proud to support ETG in its sustainability journey and contribute to the strengthening its food value chain. As the economy recovers from the pandemic, we encourage businesses to consider solar as part of their recovery plans so that they can immediately reduce electricity costs and regain their competitiveness. Yellow Door Energy is honored to contribute to DEWA’s Shams Dubai Program and the UAE’s Net Zero by 2050 Strategic Initiative.”
As the solar lease provider, Yellow Door Energy is responsible for financing, designing, building, commissioning, operating and maintaining the solar plant for the duration of the agreement. By working with solar developers, building owners can reduce their energy costs without any upfront investment or operational risk, while maintaining focus on their core business and enjoying the benefits of clean energy.