Dubai’s Landmark Group signs solar deal with Yellow Door Energy, Amana Investments

UAE’s retail and hospitality conglomerate Landmark Group signed a 2.6 megawatt-peak-solar deal with sustainable energy provider Yellow Door Energy and Amana Investments, a design-build construction company, it announced on September 9.

As part of the joint venture, clean energy will be supplied to Landmark Group’s automated Dhs1bn OMEGA DC Warehouse in Jebel Ali Free Zone (JAFZA) in Dubai.

Over 6,000 solar panels will be installed to generate 4,200 megawatt-hours of clean energy annually, equivalent to reducing carbon emissions by 1,700 tonnes or removing 380 cars from the road.

Construction is expected to start in late 2020 and the solar plant is expected to be completed by the spring of 2021.

Yellow Door Energy and Amana will be responsible for investing in, designing, building, commissioning, operating and maintaining the solar plant for the duration of the agreement.

Rajesh Garg, group CFO of Landmark Group, said: “This solar agreement with Yellow Door Energy and Amana Investments enables us to switch to clean energy, and expand our solar ambition, which in turn helps us become more cost-competitive and innovative as a business.”

Jeremy Crane, CEO and co-founder of Yellow Door Energy, added: “Working with Amana Investments, we encourage businesses in JAFZA to consider solar as a viable option to reduce costs and save the environment.”