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Home » P&G Signs Solar Lease Agreement with Yellow Door Energy
Solar News

P&G Signs Solar Lease Agreement with Yellow Door Energy

By Lakshita Kapoor Tue, Dec 17th, 2024
P&G Signs Solar Lease Agreement with Yellow Door Energy
P&G Signs Solar Lease Agreement with Yellow Door Energy
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Procter & Gamble (P&G), a global consumer goods company, has signed a solar lease agreement with Yellow Door Energy. The project involves installing a 500kWp solar carport system at P&G’s office in Jebel Ali Freezone Authority (Jafza), Dubai.

Yellow Door Energy will finance, design, construct, commission, operate, and maintain the solar carport during the lease term. The system will include over 870 bifacial solar panels, which capture sunlight from both sides to improve energy generation.

The project will be carried out in four phases to match P&G’s operational schedule. A ceremony was held on December 16, with representatives from both P&G and Yellow Door Energy present. Once operational, the solar carport system is expected to generate 813,500 kilowatt-hours (kWh) of clean electricity in its first year. This is estimated to reduce carbon emissions by 323,000 kilograms annually.

Sonali Dhawan, General Manager for P&G Gulf, stated that, “the solar lease reflects P&G’s efforts to incorporate environmental sustainability into its operations.”

Jeremy Crane, Group CEO of Yellow Door Energy, highlighted the role of the project in bringing clean electricity to Jafza and supporting the UAE Energy Strategy. He also mentioned that “Yellow Door Energy aims to help businesses reduce carbon emissions and energy costs through solar leasing”.

Yellow Door Energy currently has a portfolio of over 355 megawatts-peak (MWp) of awarded solar projects across the Middle East and Africa. Solar leasing enables businesses to access renewable energy without upfront costs or operational risks, while benefiting from lower electricity expenses. The project demonstrates a partnership approach to promoting clean energy adoption in the region and reducing environmental impact.

Dubai P&G Solar Lease Agreement Yellow Door Energy
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Lakshita Kapoor
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