Mr. Jeremy Crane & Mr. Faiz Saleh Al Nahdi at agreement signing ceremony
Tawazun Industrial Park (TIP), the industrial development-enabling arm of Tawazun Council, has signed a solar lease with Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and Africa.
The agreement was signed at Tawazun Council Chalet at IDEX, by Mr. Faiz Saleh Al Nahdi, Managing Director and CEO of TIP, and Mr. Jeremy Crane, CEO of Yellow Door, in the presence of several senior officials from both sides.
Located at the state-of-the-art TIP facilities, the solar park is being installed with a capacity of 4,382 kilowatt-peak. Over 7,600 solar panels will be installed for both rooftop and carport applications.
Once completed, the solar park is expected to produce 7.1 million kilowatt-hours of clean energy in the first year of operation, equivalent to reducing carbon emissions by 5,000 metric tons. Construction Installation will begin in the second quarter of 2023 and the project is expected to be operating by the end of 2023.
Shareef Hashim Al Hashmi CEO – Tawazun Council Chairman- TIP
“Sustainability is fundamental to the Council and the Park’s strategies and operations. The initiative taken by TIP to expand the usage of renewable energy demonstrates our dedication to supporting the UAE’s Net Zero by 2050 Strategy Plan and our keenness to strike a balance between industrial and technological Mr. progress and sustainable development.”
Mr. Al Nahdi said that “As the region’s premier defense and security park, we value the security of all aspects and energy security is an integral part of our ethos. The 4.4 MW solar lease with Yellow Door Energy will enable us to secure our energy supply from a clean and reliable source of electricity, lower our electricity bills and contribute to the Nation’s Clean Energy by 2050 Strategy.”
Mr. Crane, commented that “Yellow Door Energy is honored to partner with TIP on this solar lease, in time to celebrate the Year of Sustainability and contribute to COP28’s objectives. Yellow Door Energy was founded in the UAE, and today we reaffirm our commitment to the nation by signing the solar lease in the capital. This is our first project in Abu Dhabi, and we look forward to providing more businesses in the emirate with affordable, reliable and sustainable energy for many years to come.”
Thank you very much for choosing GCC Business News to be an important part of your professional life. You will receive a confirmation e-mail. Please check SPAM or UPDATES folder
