AW Rostamani embarks on debut solar venture; partners with SirajPower

  • Date: 11-Dec-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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AW Rostamani embarks on debut solar venture; partners with SirajPower

AW Rostamani Group (AWR), a leading UAE family-owned conglomerate, has sealed a strategic partnership with SirajPower, a distributed solar energy provider in the region, that will see the deployment of innovative solar solutions with a capacity of 1.7 MWp across its four principal locations in Dubai, thus marking its first venture into solar energy.

The solar solution, set to span sites along Sheikh Zayed Road, Dubai Industrial City (DIC), and Deira, covering showrooms and service centers, is projected to generate 2.85GWh of clean energy annually, said a statement from AWR Group.

This solar initiative not only underscores AWR’s dedication to environmental sustainability but also aligns seamlessly with the UAE’s strategic vision for environmental progress.

The project is expected to offset over 2,000 MT of CO2 emissions each year, substantially reducing the company’s carbon footprint, it stated.

As per the deal, SirajPower will spearhead the financing, design, construction, and long-term operations and maintenance of these solar installations.

"Our collaboration with SirajPower marks a significant milestone for AW Rostamani Group as we embark on our first-ever solar energy initiative," stated Khalid Al Rostamani, the Chairman and CEO of AW Rostamani Group, at the signing ceremony held in the presence of Dr Amina Al Rostamani, Director of AW