June 9, 2021
Tag : Press Release
Under the patronage of Dr. Abdul Hussain Bin Ali Mirza, President of the Sustainable Energy Authority (SEA), Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa and Asia, has signed a 6.2 megawatt-peak solar power purchase agreement (PPA) with Yellow Door Energy, the leading solar developer for commercial and industrial businesses in the Middle East and South Asia. The virtual ceremony was attended by Mr. Mahmood Al Aradi, Chief Investment Officer of the Bahrain Economic Development Board, Mr. Ibrahim Al Zu’bi, Chief Sustainability Officer at Majid Al Futtaim Holding, dignitaries from the Sustainable Energy Authority (SEA), the Supreme Council for Environment (SCE), the Bahrain Economic Development Board (EDB), and representatives from Majid Al Futtaim, Carrefour Bahrain, and Yellow Door Energy.
The agreement will bring clean energy to The Bahrain Mall, operated by Carrefour Bahrain, and will be the largest private solar plant in the Kingdom of Bahrain. Spanning over 40,000 square meters, the rooftop solar plant is expected to generate 10 million kilowatt-hours of clean energy in its first year of operation, equivalent to reducing carbon emissions by 6,300 tonnes. Over 11,600 solar panels will be installed to meet 50% of the shopping mall’s energy consumption needs.
“The Kingdom of Bahrain, like other Gulf countries, has made clear its sustainable vision for the future, with the Bahrain Economic Vision 2030 setting a national renewable energy target of five per cent by 2025 and ten per cent by 2035. These ambitions require the support of the private sector, and that’s why Majid Al Futtaim and Yellow Door Energy have partnered to bring clean energy to The Bahrain Mall. We hope these acts will serve as an inspiration for more companies to follow the same example and join the contribution towards a more sustainable future.”
Majid Al Futtaim Retail
“This momentous solar power purchase agreement with Yellow Door Energy enables us to save cost, reduce carbon emissions and take a step closer to our Net Positive Strategy. This will not only help us take forward the company’s vision of creating ‘great moments for everyone, everyday’ but it will also allow us to translate the savings and environmental benefits into memorable experiences for all visitors at The Bahrain Mall every year.”
Country Manager Carrefour Bahrain
at Majid Al Futtaim Retail
“This is Yellow Door Energy’s first project in Bahrain, and we are honored to continue our partnership with Majid Al Futtaim and Carrefour across the region. As the leading solar developer with 120 megawatts of solar assets in the Middle East and Pakistan, Yellow Door Energy looks forward to commissioning the solar plant and to bringing affordable and clean energy to more leading businesses in Bahrain, in line with the Kingdom’s National Renewable Energy Action Plan.”
Chief Commercial Officer
Yellow Door Energy
As the solar developer, Yellow Door Energy is responsible for investing in, designing, building, commissioning, operating and maintain the solar plant for the next 20 years.