Majid Al Futtaim, the Middle East, Africa, and Asia’s leading shopping mall, community, retail, and leisure pioneer, today inaugurated a 6.2 megawatt-peak solar power plant with Yellow Door Energy at The Bahrain Mall, operated by Carrefour Bahrain. Yellow Door Energy is the Middle East’s and Africa’s leading sustainable energy partner for commercial and industrial businesses.
Majid Al Futtaim and Yellow Door Energy signed a solar power purchase agreement (“PPA”) to develop the project. Over 11,500 solar panels covering more than 40,000 square meters have been installed on the roof of The Bahrain Mall. In its first year of operation, the 6.2 megawatt-peak rooftop solar plant generates 10 million kilowatt-hours of clean energy, which is equivalent to reducing carbon emissions by 7,100 metric tons.
Laurent Hausknecht, Regional Director of Gulf at Majid Al Futtaim Retail, said: “It gives me immense pleasure to be a part of this momentous launch with Yellow Door Energy. The installation of the solar panels on the roof of The Bahrain Mall brings us one step closer to achieving our Net Positive Strategy. This will not only help us take forward the company’s vision of creating ‘great moments for everyone, everyday’, but it will also allow us to translate the savings and environmental benefits into memorable experiences for all visitors at The Bahrain Mall every year.”
Rory McCarthy, Chief Operating Officer of Yellow Door Energy, said: “Yellow Door Energy is proud to commission our first project in the Kingdom of Bahrain with Majid Al Futtaim Retail. This announcement is made extra special, following our agreement to bring solar power to an additional 18 shopping malls within Majid Al Futtaim in the UAE, Oman and Bahrain. We look forward to bringing affordable, reliable and clean energy to more leading businesses in Bahrain, contributing to the Kingdom’s Net Zero by 2060 commitment.”
Yellow Door Energy recently announced its successful completion of a $400 million USD capital raise to continue developing sustainable energy projects in the Middle East, Africa and beyond. In December 2021, Yellow Door Energy also partnered with Majid Al Futtaim to commission a 17-megawatt solar park, providing clean electricity to 35 Carrefour stores in the Hashemite Kingdom of Jordan. By working with Yellow Door Energy, leading businesses can reduce their energy costs without any upfront investment or operational risk, while maintaining focus on their core business and enjoying the benefits of clean, affordable energy.