Energy, Oil & Gas

Yellow Door Energy, Tamimi Markets sign solar lease deal

Yellow Door Energy and Tamimi Markets have signed a solar lease agreement to provide clean electricity to Tamimi Markets' distribution centers in Jeddah and Dammam.
 
The project, which has a combined capacity of 900 kilowatts-peak (kWp), will install over 1,500 high-efficiency bifacial solar panels across 7,200 square meters of rooftop space.
 
The solar power plants are expected to generate 1.5 million kWh of clean energy in their first year of operation, reducing carbon emissions by 586 metric tonnes.
 
This initiative supports Saudi Arabia's Net Zero by 2060 commitment and aligns with Vision 2030 goals.
 
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 decarbonise 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 realised. 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.” -OGN / TradeArabia News Service