Aldar partners with yellow door energy to provide 34 megawatts of solar power to properties in THE UAE
ALDAR PARTNERS WITH YELLOW DOOR ENERGY TO PROVIDE 34 MEGAWATTS OF SOLAR POWER TO PROPERTIES IN THE UAE
ALDAR PARTNERS WITH YELLOW DOOR ENERGY TO PROVIDE 34 MEGAWATTS OF SOLAR POWER TO PROPERTIES IN THE UAE
- Starting in 2024, the partnership will deliver clean energy to 45 Aldar properties for 20 years
- Transition to solar power will remove 23,000 tonnes of carbon dioxide (CO2) emissions being released in the first year of the project, supporting Aldar’s Net Zero Plan
- Over the entire lifetime of the project, over 560,000 tonnes of CO2 will be avoided
Abu Dhabi, UAE – 19 December 2023: Aldar Properties PJSC (“Aldar”) has partnered with Yellow Door Energy, a leading sustainable energy organisation, to bring solar power to 45 properties across the UAE, supporting the UAE Net Zero by 2050 Strategic Initiative and Abu Dhabi’s 2030 Energy Strategy.
The partnership between Aldar and Yellow Door Energy was formalised on the sidelines of COP28, signed by Salwa Al Maflahi, Aldar’s Director of Sustainability and Community Outreach and Rory McCarthy, Chief Operating Officer of Yellow Door Energy.
This transition to solar power will prioritise the use of on-site clean energy generation as part of Aldar’s Net Zero Plan, a commitment launched in January 2023 to decarbonise its business and assets by 2050. To significantly reduce Aldar’s operational carbon footprint requires a successful energy transition based on cross-sector collaboration and responsible investing to create long-term value.
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