SirajPower offers a ‘commercial’ solar leasing solution for residential and retail markets, which enables large-scale entities like Nakheel to benefit from energy security and independence by paying less for their energy consumption while simultaneously producing clean energy without an upfront investment.
The agreements include the 3.1 MWp solar rooftop for Nakheel’s The Gardens residential complex, as well as Dragon Mart 2 & 6, Discovery Gardens, Dubai Island, International City Pavilion, Jumeirah Park Pavilion, Discovery Gardens Pavilion, and Al Furjan Pavilion South.
“We are delighted to share this exciting announcement as the year draws to a close” said Mohammed Abdulghaffar Hussain, Chairman of SirajPower. “These projects represent a significant milestone for SirajPower, as the company has been one of the few companies to offer fully integrated solar projects in the residential sector in the UAE market and will continue to do so with these new projects. It is an honour to be associated with Nakheel, one of the UAE's biggest developers, and to assist them with such a large-scale, multi-site project. After supporting multiple businesses within the commercial and industrial sectors to meet their ESG goals, we are excited to continue expanding our uniquely financed solar solutions to the residential and retail sectors. As the only locally owned solar solutions provider in the region, with the largest portfolio of 100+MWp solar assets, we are committed to developing comprehensive and innovative solutions to support the UAE’s vision to achieve net-zero emissions by 2050,”
Omar Khoory, Chief Assets Officer at Nakheel, added that SirajPower holds a strong track record of delivering fully integrated, comprehensive and innovative solar solutions and that the new partnership is an excellent step towards achieving the company’s clean energy goals.
Since its inception in 2015 as part of the Green Coast Enterprises, SirajPower has offered comprehensive solar financing in the region and currently holds the largest distributed solar energy portfolio of +100 MWp with over 190 facilities under operations and maintenance.
The company has clients across all sectors including the Lulu Group, Danube, Axiom Telecom, and Majid Al Futtaim. It has provided commercial & industrial customers with on-grid and off-grid solar energy solutions that have enabled them to meet their sustainability targets, reduce their carbon footprint, and increase their savings at zero up-front investment.
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