Dubai-based Yellow Door Energy (YDE), a leading sustainable energy solutions provider in the Middle East, announced it has signed two agreements with Arab Petroleum Investments Corporation (APICORP) to install solar panels at APICORP’s headquarters in Dammam, Saudi Arabia, and retrofit the building with energy-efficient technologies, which marks YDE’s first project in Saudi Arabia.
Yellow Door Energy, a leading commercial solar developer in the Middle East, has signed a solar agreement with Aqaba Special Economic Zone Authority (ASEZA).
UAE-based leading solar developer Yellow Door Energy announced in January that it had raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions in the Middle East and Africa. This is one of the Middle East’s largest private placements in distributed solar.
UAE-based leading solar developer Yellow Door Energy announced in March the commissioning of a solar plant for Kamal Osman Jamjoom Group (KOJ) in Dubai Investments Park (DIP). The solar plant will generate 7,100 megawatt hours of clean energy in the 20-year lease duration, equivalent to reducing 3,100 metric tons of carbon emissions or removing 680 vehicles from the road.