UAE-based sustainable energy provider, Yellow Door Energy has announced that it has been awarded a solar agreement with Hira Industries in Dubai Investments Park (DIP).
Leading manufacturer of building and construction products, Hira Industries’ head office will be equipped with 460 solar panels to generate 340,000 kWh of clean energy, according to a statement from Yellow Door Energy. The company stated that this is enough to meet 90% of the complex’s energy consumption needs and is equivalent to reducing carbon emissions by 3500 tonnes over the system lifeline.
Umesh Unni, GM of Hira Industries, said: “Sustainability is integral to our business strategy, and today we are proud to build a greener future with Yellow Door Energy. The solar agreement enables us to reduce electricity costs and lower carbon emissions, which makes us more cost competitive while maintaining our sustainability leadership.”
Commenting on the contract, Rory McCarthy, CCO at Yellow Door Energy, said that this is their second project with Hira Group and the company’s 40th solar agreement since its inception.
“We are proud to support Hira Industries sustainability endeavour through the development of this solar plant and encourage businesses in Dubai Investments Park to consider solar as a viable option to reduce electricity costs and switch to clean energy.”
He added that as a UAE-based solar developer, Yellow Door Energy is honoured to contribute to DEWA’s Shams Dubai Program and the UAE Energy Strategy 2050.
According to Yellow Door Energy, it is responsible for investing in, designing, building, commissioning, operating and maintaining the solar plant for the duration of the project agreement.
The company further added that by working with solar developers, industrial building owners can reduce their energy costs without any upfront investment or operational risk. This can be done while maintaining focus on their core business and enjoying the benefits of clean energy, it added.