Two UAE firms, Dubai Investment Real Estate (DIR) and Al Mujama, have collaborated with Yellow Door Energy and Clyde Engineering to inaugurate a 1.2 megawatt-peak solar power system in the residential community of Ritaj in Dubai Investments Park. This project aligns with the UAE’s Net Zero by 2050 Target and 2050 Clean Energy Strategy, producing 1.9 million kilowatt-hours of clean electricity in the first year and reducing carbon emissions by 756,000kg annually. The solar power system consists of over 2,000 solar panels installed on nine residential buildings, meeting 30% of the buildings’ energy consumption needs under a solar lease agreement.
This initiative reflects the strategic vision of promoting innovation in the real estate sector by utilizing the sun’s energy to achieve sustainability goals. Through the collaboration, a greener and more affordable living environment is fostered, benefiting communities today and securing a healthier future for generations to come. Dubai Investment Real Estate, the real estate arm of Dubai Investments, and Al Mujama are leading the way in implementing solar power in jointly owned properties, striving for cost-effective and energy-efficient operations to provide value to owners while protecting the environment.
Yellow Door Energy, the leading sustainable energy provider in the Middle East and Africa, is honored to partner with Dubai Investment Real Estate and Al Mujama on this solar lease project, marking a significant stride in advancing sustainability efforts in the UAE. The successful completion of the solar power plant at Ritaj Community by Clyde Engineering showcases a major improvement in reducing the carbon footprint and achieving energy efficiency goals. This zero capital expenditure project is a win for the environment and owners, setting a precedent for incorporating renewable energy solutions in residential communities in the UAE.
In a similar vein, Masdar and Infinity Power have signed a power purchase agreement with the Egyptian Electricity Transmission Company to deliver renewable energy generated by an onshore wind project in Ras Ghareb. The wind farm, once constructed, will have a capacity of 200MW, producing 810,000MWh per year and reducing carbon emissions equivalent to 403,672 tonnes annually. With a target of 10GW of operational renewable energy by 2030, Infinity Power aims to provide electricity to 12 million homes across Africa, contributing to a further reduction of 15 to 20 million tons of carbon dioxide emissions per year.
The official signing ceremony in Egypt, witnessed by esteemed dignitaries, marks a milestone in advancing the clean energy transition in Africa. Infinity Power’s commitment to creating valuable jobs and contributing to a cleaner, greener future, alongside Masdar’s efforts to unlock Africa’s clean energy potential, signifies significant progress in the renewables sector. By adding the Ras Ghareb wind farm to their roster, Infinity Power reinforces its commitment to positioning Africa as a leader in sustainable energy and developing renewable energy projects across the continent.
The collaboration between UAE firms and renewable energy providers signifies a commitment to sustainability, innovation, and environmental stewardship in the real estate and energy sectors. These initiatives not only reduce carbon emissions and energy costs but also pave the way for more sustainable projects that benefit communities and the environment. By harnessing the power of the sun and wind, these projects contribute to a cleaner, greener future, aligning with the UAE’s Net Zero by 2050 target and supporting the global transition to renewable energy sources.
