SirajPower, UAE’s leading distributed solar energy provider, has been appointed by leading Dubai developer Danube as its new solar partner for its projects in the emirates.
The group commissioned SirajPower to take over the financing, operation, and maintenance of its 1MWp solar power plant spread across Jafza and Dubai TechnoPark.
The solar system will cover 13,000 sq m of roof area and is expected to generate 1.7 GWh of annual energy production, said a statement from SirajPower.
The project will also help displace over 1,200 tonnes of carbon dioxide emission (Co2) per annum, corresponding to more than 150 million smartphones being charged, it added.
On the new partnership, CEO Laurent Longuet said: "It’s a privilege for us at SirajPower to add to our robust portfolio another major UAE player such as Danube Group. The trust shown in our unique business model reflects the remarkable expertise and reputation we’ve developed in this important sector of the market."
"The private sector’s appetite for solar plants has been quickly increasing over the past few years and different solar solutions are being offered. We thank Danube Group for selecting us as a reliable partner to help them achieve their clean energy transition and contribute to the sustainable development of the UAE," he added.
Founder and Chairman Rizwan Sajan said: "We at Danube Group, have always supported initiatives that are good to our society and surroundings. We think it is now more important than ever to adapt to sustainable resources, considering the harmful effects of global warming that are looming large."
"By getting these panels installed at our facilities, not only will we save on our cost of electricity, but also the environment," he added.
SirajPower previously reported that commercial and industrial businesses will look into reducing their operating costs and limiting their cash expenses to be able to resume their business and brave the financial crisis ahead.
According to Longuet, in such a context, solar energy combined with financing solutions such as the leasing model will be helpful when it comes to easing energy expenses.
"This will allow private companies to reduce their electricity bill in a very significant manner without any upfront investment," stated the top SirajPower official.
"This is a model we promoted for many years and we strongly believe it will contribute to mitigating the economic impact of the crisis on our clients and other companies embracing renewable energy," he observed.
Since the beginning of 2020, SirajPower has considerably expanded its footprint in the residential sector whilst steadily further strengthening its presence in the commercial and industrial sectors, stated Longuet.
As a result, to date, SirajPower holds the largest solar energy portfolio in the region with over 50 MWp already under operation, he added.
