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Web Release
6 days ago
- Business
- Web Release
Decarbonizing Retail in KSA: Tamimi Markets and Yellow Door Energy Sign Solar Lease
Tamimi Markets, one of the most prominent and trusted names in Saudi Arabia's retail sector, and Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and Africa, have signed a solar lease agreement to provide clean electricity to Tamimi Markets' distribution centers in Jeddah and Dammam. The solar project has a combined capacity of 900 kilowatts-peak (kWp), with 465 kWp allocated to the Jeddah fulfillment center and 435 kWp to two facilities in Dammam. Over 1,500 high-efficiency bifacial solar panels will be installed across approximately 7,200 square meters of rooftop space. The solar power plants are expected to generate 1.5 million kilowatt-hours of clean energy in their first year of operation, equivalent to reducing carbon emissions by 586 metric tons. This initiative directly supports Saudi Arabia's Net Zero by 2060 commitment and aligns with the broader goals of Vision 2030. Bobby Rajendran, CEO of Tamimi Markets, commented: 'Sustainability is embedded in Tamimi Markets' DNA, and today we are walking the talk on sustainability by signing this solar lease with Yellow Door Energy. Together with our solar partner, we will decarbonize our operations, enhance business resilience and support Saudi Arabia's Net Zero by 2060 objective. Our shoppers, employees, and wider network can be proud of the fact that Tamimi Markets, the preferred grocery destination for Saudis, is leading the sustainability journey.' Hisham Alhegelan, CEO Middle East at Yellow Door Energy, shared: 'We are honored to partner with Tamimi Markets on this important solar project. Through the solar lease, significant cost savings and carbon emission reduction will be realized. The Kingdom of Saudi Arabia continues to lead the region in its sustainability stewardship, and this important solar project demonstrates this leadership.' Khaled Chebaro, Country Director for KSA at Yellow Door Energy, added: 'We are delighted to support Tamimi Markets and contribute to Saudi Vision 2030. Yellow Door Energy continues to rapidly expand its project portfolio in the Kingdom, helping businesses reduce energy costs and lower carbon emissions. To-date, we have signed five solar leases in Saudi Arabia and look forward to contributing to the Kingdom's Net Zero by 2060 Target.' Construction is already underway, and the project is expected to be completed by the end of 2025. Under the solar lease agreement, Yellow Door Energy is responsible for financing, designing, constructing, commissioning, operating, and maintaining the solar power plants while Tamimi Supermarkets remains focused on providing the best retail experience for its shoppers. The solar lease model enables Tamimi Supermarkets to enjoy the benefits of clean energy without operational risk, allowing the company to focus on its core business while advancing its sustainability objectives.
Broadcast Pro
16-07-2025
- Business
- Broadcast Pro
Du becomes UAE's first telco with ISO 20400 for sustainable procurement
The certification underscores du's dedication to sustainable procurement, supporting the UAE's sustainability agenda and global efforts toward responsible sourcing. Du has become the first telecom operator in the UAE, and the second in the GCC, to be awarded the ISO 20400 Sustainable Procurement certification. The international standard represents excellence in sustainable procurement processes, spotlighting organisations that holistically incorporate environmental, social and economic factors into their supply chain and decision-making frameworks. du's achievement reflects the company's steps to systematise sustainable practices throughout its procurement and supplier relations in line with the UAE's ambitious Net Zero by 2050 initiative and the national focus on sustainability. With industry-leading practices, du aligns its procurement strategy with the United Nations Sustainable Development Goals, deploying state-of-the-art tools for supplier assessment and engendering continuous advancement in vendor sustainability performance. Adel AlRais, Head of Corporate Communication & Protocol at du, said: 'Achieving the ISO 20400 certification is a milestone in our journey for excellence in sustainability and our commitment to responsible operations that extend through our entire value chain. This accomplishment aligns impeccably with current market trends, integrating seamlessly with our broader goals and the UAEs national vision. We will continue to embed sustainability not just in operational endeavours but deep into du's comprehensive supply chain.' For customers, the certification reinforces the assurance that they are backed by a provider whose services are meticulously vetted for ethical and sustainable provenance. Suppliers receive clear directives and resources to elevate their sustainability standards in collaboration with du. Moreover, investors gain confidence in du's expertise at navigating ESG risks, which primes the company for sustainable value creation over the long term. Key to this achievement are du's strategic partners, including CRIF AG, Dubatt and Aramex PJSC, who each played a vital role in shaping a robust and responsible supply chain reflective of du's commitment to sustainability.
Trade Arabia
19-02-2025
- Business
- Trade Arabia
Masdar JV in deal to set up key solar plant at Tawazun Industrial Park
Emerge, a joint venture between Abu Dhabi energy group Masdar and French utility major EDF, has signed an agreement for the installation of a 13.25MWp solar PV plant at Tawazun Industrial Park (TIP). The agreement, which covers an 11.5MWp ground-mounted solar PV plant and a 1.75MWp carport, will avoid 14,064 tonnes of CO₂ emissions annually, said Emerge in a statement. This is equivalent to removing the emissions of more than 25 percent of the current residents in TIP. Construction of the plant is due to begin in late 2025, it stated. As per the deal, Emerge will handle the entire project lifecycle under a Build-Own-Operate-Transfer (BOOT) agreement. This includes financing, design, procurement, construction, operation, and maintenance of the solar plant for a period of 25 years. The agreement was signed on the second day of IDEX 2025 in Abu Dhabi by Michel Abi Saab, General Manager of Emerge, and Faiz Al Nahdi, CEO of Tawazun Industrial Park (TIP) in the presence of Aurelien Delahaye, Deputy CEO ME of EDF, and Ali Alshimmari, Head of Strategic and Special Projects at Masdar. On the Emerge deal, Al Nahdi said: "Our collaboration with the Masdar-EDF JV marks a significant step in integrating clean energy solutions into Tawazun Industrial Park. This project underscores our responsibility to minimise environmental impact while fostering a modern, forward-thinking industrial hub." "By incorporating renewable energy, we are equipping TIP and its resident companies with sustainable resources to thrive," he stated. "This initiative aligns with national priorities, including the UAE's 'Net Zero by 2050 Strategy', and reinforces our role in driving innovation and sustainable growth across strategic sectors," he added. On the deal, Abi Saab said: "We are extremely proud to welcome TIP as a client and to demonstrate the value we add as an energy services company. Our turnkey solutions offer businesses like TIP the opportunity to decarbonise and the ability to transition towards a sustainable future without upfront costs."
