Latest news with #PositiveZero


Hi Dubai
22-07-2025
- Business
- Hi Dubai
Union Coop and Positive Zero Launch one of the Middle East's Largest Retail Solar Energy Projects
Union Coop (UNIONCOOP:DFM), the largest consumer cooperative in the UAE, in partnership with Positive Zero, a leading provider of decentralised clean energy solutions, has launched one of the Middle East's largest solar energy projects in the retail sector. The long-term agreement will see the installation of solar photovoltaic (PV) systems on roofs and parking areas across Union Coop locations, aimed at significantly reducing carbon emissions and supporting the UAE's net-zero targets. The agreement was signed at Union Coop's headquarters in Al Warqa City Mall, Dubai in the presence of Mr. Mohamed Al Hashemi, CEO of Union Coop; Mr. Mohammed Abdulghaffar Hussain, Chairman of Positive Zero; Mr. Ahmed Al Zarooni, Chief Real Estate Officer of Union Coop; Mr. David Auriau, CEO of Positive Zero; and Mr. Laurent Longuet, CEO of Positive Zero's Generation business, along with other distinguished attendees. Scheduled for completion by mid-2026, the project will cover up to 30 Union Coop sites across Dubai and the Umm Al Quwain Coop headquarters (managed by Union Coop). With an installed capacity of 17.3 megawatts, the system is expected to produce approximately 29.23 gigawatt-hours of clean electricity annually—enough to power over 4,000 homes. The initiative will reduce carbon emissions by up to 21,650 tons each year, the equivalent environmental benefit of planting approximately 325,000 trees. It aligns with the UAE Net Zero 2050 Strategic Initiative and the UAE Energy Strategy 2050, which aims to raise clean energy's share to 30% of the national energy mix by 2030. Commenting on the milestone, Mohamed Al Hashemi, CEO of Union Coop, said: Today marks a landmark moment in Union Coop's journey to become a leader in sustainability. By integrating clean energy solutions into our daily operations, we reaffirm our commitment to supporting the UAE's vision for a net-zero future by 2050. Union Coop aims to serve as a role model in the retail sector by adopting innovative practices that reduce carbon emissions and create a lasting environmental impact. Our responsibility as a cooperative goes beyond serving the people, as we are equally committed to protecting the environment and embedding sustainable practices that ensure a brighter future for generations to come. For his part, Mohammed Abdulghaffar Hussain, Chairman of Positive Zero, added: Union Coop has an important heritage, serving the UAE community for decades. This project represents one of the largest retail chain solar agreements ever signed in the Middle East and Positive Zero's most extensive generation undertaking for the retail sector in the UAE to date. We look forward to a long, successful partnership with Union Coop and delivering major environmental benefits from this renewable energy mission. Echoing similar sentiments, David Auriau, CEO of Positive Zero, stated: Union Coop is making a major step forward in its sustainability journey with this distributed solar project. Our teams are already working together on the first phase, and by this time next year, we expect clean, renewable energy to be powering all agreed sites. Collaboratively, we will drive greater operational, economic and environmental sustainability and identify the potential for further clean energy innovations. Union Coop continues to champion sustainability through impactful initiatives, including banning single-use plastic bags, adopting eco-friendly packaging, and collaborating with public and private sectors to reduce supply chain emissions. To find out more about Positive Zero's projects, visit the link here. Source: Union Coop


Zawya
22-07-2025
- Business
- Zawya
Dubai-listed Union Coop to generate green energy to cut carbon emissions
Union Coop, the largest consumer cooperative in the UAE, is installing solar photovoltaic (PV) systems on roofs and parking areas as it seeks to lower carbon emissions and support the UAE's net-zero targets. The project, launched in collaboration with Dubai-based Positive Zero, will cover up to 30 Union Coop sites across Dubai and the Umm Al Quwain Coop headquarters (managed by Union Coop) with an installed capacity of 17.3 megawatts, the Dubai-listed company said in a statement. The project is expected to be completed by mid-2026 and produce 29.23 gigawatt-hours of clean electricity annually, sufficient to power over 4,000 homes. It is scheduled for completion by mid-2026. The initiative will reduce carbon emissions by up to 21,650 tonnes annually, equivalent to the environmental benefit of planting 325,000 trees. 'By integrating clean energy solutions into our daily operations, we reaffirm our commitment to supporting the UAE's vision for a net-zero future by 2050,' said Mohamed Al Hashemi, CEO of Union Coop. (Writing by P Deol; Editing by Anoop Menon) (


Biz Bahrain
13-05-2025
- Automotive
- Biz Bahrain
Alzayani Investments Group's Euro Motors Signs Solar Partnership with Positive Zero
Euro Motors, the luxury automotive arm of the Alzayani Investments Group, has signed a renewable energy agreement with Positive Zero, the Middle East's largest provider of decarbonization services and on-site solar power solutions. The project in Sitra will entail the construction and development of a solar rooftop and carport, which upon completion is expected to have a capacity of 2.7MWp. This will generate 4.7 GWh of electricity per year, which is an equivalent amount of energy as the annual electricity used by 654 households. The 25-year agreement will result in major environmental benefits, including the annual reduction of more than 3,100 tons of greenhouse gases. For comparison, almost 52,000 trees would need to be planted and grown for 10 years to have a similar level of impact. Euro Motors Bahrain is the luxury car dealer for major car brands such as BMW, Rolls Royce, Ferrari, Maserati, Land Rover, Jaguar and MINI. Alzayani Investments Group has a wide portfolio of brands across different industries, underlining its position as one of the leading conglomerates in Bahrain. Positive Zero will handle end-to-end build, financing, operations and maintenance of the solar rooftop and carport, ensuring Euro Motors can fully benefit from the environmental and economic cost savings. Representatives present at the signing ceremony included Mohammed Abdulghaffar Hussain (Chairman, Positive Zero), David Auriau (CEO, Positive Zero), Laurent Longuet (CEO at Positive Zero's Distributed Generation business, SirajPower), Rashid Zayed Alzayani (Managing Director, Euro Motors), Richard Gough (GM, Euro Motors), Rashed Hamed Alzayani (Managing Director, Midal Solar), and Khalid (Chief Executive Officer, Midal Solar). Discussing the new agreement, Rashid Z. Alzayani, Euro Motors Managing Director said, 'We're proud to launch this major new sustainability project with Positive Zero, which sets a new benchmark for Bahrain's automotive sector. As the industry itself changes, we too must find novel and intelligent ways to give back to the environment. We fully support the government's National Energy Strategy, as we reduce emissions and head towards net-zero by 2060.' David Auriau, CEO Positive Zero said, 'We are excited to collaborate with Euro Motors in decarbonizing their facilities. Our onsite solar infrastructure solutions will reduce Euro Motor's operational costs and carbon footprint, setting a new benchmark for sustainability in the automotive Industry. With the support of Alzayani Investments, we look forward to further exploring our decarbonization-as-a-service offering across its businesses to accelerate the Group's and the Kingdom's clean energy transition.' Speaking on behalf of Midal Solar (a subsidiary of Midal Cables), the Engineering, Procurement and Construction (EPC) contractor for the project, Managing Director Rashed Hamed Alzayani commented, 'This initiative stands as a testament to the growing commitment of the Kingdom's companies to integrate sustainable practices into their core operations. We are honored to serve as the EPC partner for this landmark project, and we look forward to leveraging our technical expertise to deliver a cutting-edge Tier-1 solar energy solution that advances both environmental responsibility and long-term economic value. With a proven track record of delivering over 7.2 MWp of solar projects across the Kingdom, Midal Solar continues to play a leading role in the transition to clean energy, helping to reduce thousands of tons of CO₂ emissions each year. Our involvement in this project reflects our dedication to driving innovation, delivering impact, and supporting the Kingdom's sustainability goals.'


Trade Arabia
12-05-2025
- Automotive
- Trade Arabia
Euro Motors signs solar partnership with Positive Zero
Euro Motors, the luxury automotive arm of the Alzayani Investments Group, has signed a renewable energy agreement with Positive Zero, a leading provider of decarbonisation services and on-site solar power solutions. The project in Sitra will entail the construction and development of a solar rooftop and carport, which upon completion is expected to have a capacity of 2.7MWp. This will generate 4.7 GWh of electricity per year, which is an equivalent amount of energy as the annual electricity used by 654 households. The 25-year agreement will result in major environmental benefits, including the annual reduction of more than 3,100 tons of greenhouse gases. For comparison, almost 52,000 trees would need to be planted and grown for 10 years to have a similar level of impact, a statement said. Positive Zero will handle end-to-end build, financing, operations and maintenance of the solar rooftop and carport, ensuring Euro Motors can fully benefit from the environmental and economic cost savings. Representatives present at the signing ceremony included Mohammed Abdulghaffar Hussain (Chairman, Positive Zero), David Auriau (CEO, Positive Zero), Laurent Longuet (CEO at Positive Zero's Distributed Generation business, SirajPower), Rashid Zayed Alzayani (Managing Director, Euro Motors), Richard Gough (GM, Euro Motors), Rashed Hamed Alzayani (Managing Director, Midal Solar), and Khalid (Chief Executive Officer, Midal Solar). Rashid Alzayani said: 'We're proud to launch this major new sustainability project with Positive Zero, which sets a new benchmark for Bahrain's automotive sector. As the industry itself changes, we too must find novel and intelligent ways to give back to the environment. We fully support the government's National Energy Strategy, as we reduce emissions and head towards net-zero by 2060.' David Auriau said: 'We are excited to collaborate with Euro Motors in decarbonizing their facilities. Our onsite solar infrastructure solutions will reduce Euro Motor's operational costs and carbon footprint, setting a new benchmark for sustainability in the automotive Industry. With the support of Alzayani Investments, we look forward to further exploring our decarbonisation-as-a-service offering across its businesses to accelerate the Group's and the Kingdom's clean energy transition.' Speaking on behalf of Midal Solar (a subsidiary of Midal Cables), the engineering, procurement and construction (EPC) contractor for the project, Managing Director Rashed Hamed Alzayani commented: 'This initiative stands as a testament to the growing commitment of the Kingdom's companies to integrate sustainable practices into their core operations. We are honored to serve as the EPC partner for this landmark project, and we look forward to leveraging our technical expertise to deliver a cutting-edge Tier-1 solar energy solution that advances both environmental responsibility and long-term economic value. "With a proven track record of delivering over 7.2 MWp of solar projects across the Kingdom, Midal Solar continues to play a leading role in the transition to clean energy, helping to reduce thousands of tons of CO₂ emissions each year. Our involvement in this project reflects our dedication to driving innovation, delivering impact, and supporting the Kingdom's sustainability goals.' -


Zawya
12-05-2025
- Automotive
- Zawya
Alzayani Investments Group's Euro Motors signs solar partnership with Positive Zero
Manama, Bahrain – Euro Motors, the luxury automotive arm of the Alzayani Investments Group, has signed a renewable energy agreement with Positive Zero, the Middle East's largest provider of decarbonization services and on-site solar power solutions. The project in Sitra will entail the construction and development of a solar rooftop and carport, which upon completion is expected to have a capacity of 2.7MWp. This will generate 4.7 GWh of electricity per year, which is an equivalent amount of energy as the annual electricity used by 654 households. The 25-year agreement will result in major environmental benefits, including the annual reduction of more than 3,100 tons of greenhouse gases. For comparison, almost 52,000 trees would need to be planted and grown for 10 years to have a similar level of impact. Euro Motors Bahrain is the luxury car dealer for major car brands such as BMW, Rolls Royce, Ferrari, Maserati, Land Rover, Jaguar and MINI. Alzayani Investments Group has a wide portfolio of brands across different industries, underlining its position as one of the leading conglomerates in Bahrain. Positive Zero will handle end-to-end build, financing, operations and maintenance of the solar rooftop and carport, ensuring Euro Motors can fully benefit from the environmental and economic cost savings. Representatives present at the signing ceremony included Mohammed Abdulghaffar Hussain (Chairman, Positive Zero), David Auriau (CEO, Positive Zero), Laurent Longuet (CEO at Positive Zero's Distributed Generation business, SirajPower), Rashid Zayed Alzayani (Managing Director, Euro Motors), Richard Gough (GM, Euro Motors), Rashed Hamed Alzayani (Managing Director, Midal Solar), and Khalid (Chief Executive Officer, Midal Solar). Discussing the new agreement, Rashid Z. Alzayani, Euro Motors Managing Director said, 'We're proud to launch this major new sustainability project with Positive Zero, which sets a new benchmark for Bahrain's automotive sector. As the industry itself changes, we too must find novel and intelligent ways to give back to the environment. We fully support the government's National Energy Strategy, as we reduce emissions and head towards net-zero by 2060.' David Auriau, CEO Positive Zero said, 'We are excited to collaborate with Euro Motors in decarbonizing their facilities. Our onsite solar infrastructure solutions will reduce Euro Motor's operational costs and carbon footprint, setting a new benchmark for sustainability in the automotive Industry. With the support of Alzayani Investments, we look forward to further exploring our decarbonization-as-a-service offering across its businesses to accelerate the Group's and the Kingdom's clean energy transition.' Speaking on behalf of Midal Solar (a subsidiary of Midal Cables), the Engineering, Procurement and Construction (EPC) contractor for the project, Managing Director Rashed Hamed Alzayani commented, 'This initiative stands as a testament to the growing commitment of the Kingdom's companies to integrate sustainable practices into their core operations. We are honored to serve as the EPC partner for this landmark project, and we look forward to leveraging our technical expertise to deliver a cutting-edge Tier-1 solar energy solution that advances both environmental responsibility and long-term economic value. With a proven track record of delivering over 7.2 MWp of solar projects across the Kingdom, Midal Solar continues to play a leading role in the transition to clean energy, helping to reduce thousands of tons of CO₂ emissions each year. Our involvement in this project reflects our dedication to driving innovation, delivering impact, and supporting the Kingdom's sustainability goals.' To find out more about Euro Motors, visit and to learn about Positive Zero, visit Emissions savings figures and equivalents are based on international EPA standard calculations. About Positive Zero Positive Zero is the Middle East's leading energy transition partner for businesses and communities. Founded in the region and with robust backing from our global partner BlackRock, Positive Zero is empowering a new energy economy where the decarbonization process is fast, simple and profitable. We enable this by building, financing and operating on-site infrastructure across three core pillars: distributed power generation, energy efficiency services and clean mobility. To date, Positive Zero has helped hundreds of businesses to generate power, use more efficient and smart equipment, and electrify and charge their fleets. With more than 200MWp in operation, we are the largest decentralized energy infrastructure provider in the region. By using the latest technology, our strong balance sheet and an advanced data-driven approach we form long-term, scalable partnerships that deliver substantial cost and emissions savings. With no upfront investment required from our customers, Positive Zero is fully invested in every project we operate, while our partners make simple monthly payments for the energy and services used. Take charge of your energy future - visit For media inquiries please contact: Carine Bouery Head of Marketing cbouery@ Jonathan Ivan-Duke Partner, duke+mir jon@