Energy

SirajPower and Nakheel announce partnership in support of the UAE’s Net Zero by 2050 drive

The firm’s solution enable large entities to produce clean energy without an upfront investment

Solar energy specialist SirajPower has partnered with master developer Nakheel to deliver nine projects across the UAE. The agreements include the 3.1MWp solar rooftop for Nakheel’s The Gardens residential complex, as well as Dragon Mart 2 & 6, Discovery Gardens, Dubai Island, International City Pavilion, Jumeirah Park Pavilion, Discovery Gardens Pavilion, and Al Furjan Pavilion South.

As the largest and the only locally owned integrated distributed solar energy provider in the region, SirajPower offers a ‘commercial’ solar leasing solution for residential and retail markets, which enables large-scale entities like Nakheel to benefit from energy security and independence by paying less for their energy consumption, while simultaneously producing clean energy without an upfront investment, a statement from SirajPower pointed out.

“We are delighted to share this exciting announcement as the year draws to a close. These projects represent a significant milestone for SirajPower, as the company has been one of the few companies to offer fully integrated solar projects in the residential sector in the UAE market and will continue to do so with these new projects,” said Mohammed Abdulghaffar Hussain, Chairman of SirajPower.

In April 2022, Fasset said it entered into a strategic cooperation with SirajPower to accelerate the growth of the solar industry in the MENA region and, in July 2022, SirajPower inked a deal to develop a solar-diesel-battery project for the Cleanco Waste Treatment facility.

 

Mohammed Abdulghaffar Hussain, Chairman of SirajPower

“It is an honour to be associated with Nakheel, one of the UAE’ biggest developers, and to assist them with such a large-scale, multi-site project. After supporting multiple businesses within the commercial and industrial sectors to meet their ESG goals, we are excited to continue expanding our uniquely financed solar solutions to the residential and retail sectors.”

He continued, “As the only locally owned solar solutions provider in the region, with the largest portfolio of 100+MWp solar assets, we are committed to developing comprehensive and innovative solutions to support the UAE’s vision to achieve Net Zero emissions by 2050.”

With clients across all sectors including the Lulu Group, Danube, Axiom Telecom, and Majid Al Futtaim, SirajPower has provided commercial & industrial customers with on-grid and off-grid solar energy solutions that have enabled them to meet their sustainability targets, reduce their carbon footprint, and increase their savings at zero up-front investment, the statement noted.

In October 2022, SirajPower completed a 1.9MWp solar project at Kings’ School Al Barsha.

Omar Khoory, Chief Assets Officer at Nakheel

Omar Khoory, Chief Assets Officer at Nakheel added, “We are pleased to be joining forces with a reputable partner like SirajPower, who holds a strong track record of delivering fully integrated, comprehensive and innovative solar solutions. This new partnership is an excellent step towards achieving our clean energy goals and we look forward to expanding it further in the future.”

Looking ahead, Nakheel & SirajPower’s partnership will continue to thrive as other projects are in the pipeline to achieve the UAE’s vision of becoming carbon-negative by 2050. As a key player in the energy transition, SirajPower has been able to prove its proficiency by successfully financing, installing, commissioning, maintaining and operating many commercial and industrial solar projects, such as Al Khail Heights and Mirdif Villas, the statement concluded.

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