TIP signs MoU with Yellow Door Energy
According to the report, located at the state-of-the-art TIP facilities, the solar park is being installed with a capacity of 4,382 kilowatt-peak. Over 7,600 solar panels will be installed for both rooftop and carport applications. Once completed, the solar park is expected to produce 7.1 million kilowatt-hours of clean energy in its first year of operation, equivalent to reducing carbon emissions by 5,000 metric tonnes.
Construction and installation will begin in the second quarter of 2023, and the project is expected to be operating by the end of 2023.
Shareef Hashim Al Hashmi, CEO of Tawazun Council and Chairman of TIP, said that sustainability is a key part of the strategies and operations of both the Council and the Park.
"TIP's move to use more renewable energy shows our commitment to the UAE's Net Zero by 2050 Strategy Plan and our desire to find a balance between industrial and technological progress and sustainable development," he said.
Al Nahdi said, "As the region’s premier defence and security park, we value security in all aspects, and energy security is an integral part of our ethos." "The 4.4 MW solar lease with Yellow Door Energy will enable us to secure our energy supply from a clean and reliable source of electricity, lower our electricity bills, and contribute to the nation’s Clean Energy by 2050 strategy."
He noted that the plant project is a new milestone in the park's sustainability strategy, promoting environmental preservation and reducing carbon emissions.
Jeremy Crane, CEO and Founder of Yellow Door Energy, commented, "Yellow Door Energy is honoured to partner with Tawazun Industrial Park (TIP) on this solar lease, in time to celebrate the Year of Sustainability and contribute to COP28’s objectives."
"Yellow Door Energy was founded in the UAE, and today we reaffirm our commitment to the nation by signing the solar lease in the capital." "This is our first project in Abu Dhabi, and we look forward to providing more businesses in the emirate with affordable, reliable, and sustainable energy for many years to come," Jeremy Crane added.