Dubai's Dry Ice and Industrial Gas Firm to Be Fueled by Solar Power

Arabian Industrial Gases and Yellow Door Energy have agreed on a 20-year lease to supply solar power for Arabian Industrial Gases’ manufacturing facility in Dubai Investments Park, Dubai. This is Yellow Door Energy’s 10th solar lease in Dubai under the Shams Dubai net metering scheme.

“Our decision to go solar at our Dubai based facility was driven by our desire to help build a sustainable environment within the communities in which we operate,” said Sami Huneidi, General Manager of Arabian Industrial Gases, a subsidiary of the Gulf Cryo Group.
He added “Yellow Door Energy’s agreement has provided us with the platform to address our sustainability goals, while reducing our utility bills in a competitive environment with rising costs. It was an easy decision to make.”

As the solar lease provider, Yellow Door Energy will finance, design, build, operate and maintain the solar plant for the next 20 years, after which the plant belongs to Arabian Industrial Gases. The solar plant will generate over 850 MWh of clean energy in its first year of operation, enough to power 40 Dubai homes for a year. This agreement will also assist Arabian Industrial Gases reduce CO2 emissions by almost 500 tons per year.

CEO and Co-founder of Yellow Door Energy, Jeremy Crane, said “We’re proud to be partnering with Arabian Industrial Gases and look forward to forging a close relationship with the team. We hope that other companies will follow their lead in joining the solar transition.”

The rooftop solar PV installation represents another important success under the Shams Dubai initiative, launched by the Dubai Electricity and Water Authority (DEWA) to encourage the utilization of solar energy generation in buildings and move one step closer to achieving the Dubai 2050 Clean Energy Strategy.

To make Dubai the smartest and happiest city in the world, DEWA launched Shams Dubai to support the Smart Dubai initiative launched by the Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum.

Source : Bizmap

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