Landmark Group expands its solar ambition


September 9, 2020 | By RetailME Bureau

Retail conglomerate, Landmark Group, expands its solar ambition by signing a 2.6 megawatt-peak solar agreement with Yellow Door Energy, a UAE-based sustainable energy provider, and AMANA Investments, a renowned design-build construction company.

As the first joint venture between Yellow Door Energy and AMANA Investments, the solar agreement will bring clean energy to Landmark Group’s state-of-the-art, fully automated AED1-billion OMEGA DC warehouse in Jebel Ali Free Zone (JAFZA) in Dubai, UAE.

Over 6,000 solar panels will be installed to generate 4,200 megawatt-hours of clean energy annually, equivalent to reducing carbon emissions by 1,700 tonnes or removing 380 cars from the road. Construction is expected to start in late 2020 and the solar plant is expected to be completed by the spring of 2021.

As Landmark Group expands its solar ambition, group CFO Rajesh Garg, said, “Sustainability and innovation are at the core of our business. We strongly believe that what is good for the environment is good for the business too. This solar agreement with Yellow Door Energy and AMANA Investments enables us to switch to clean energy and expand our solar ambition, which in turn helps us become more cost-competitive and innovative as a business.”

“We continue on our path of solar expansion with this agreement and it reaffirms our commitment towards sustainability.  This solar installation will be very befitting to our fully automated OMEGA DC, which is already a certified ‘green’ distribution centre and through this partnership, we will advance the energy efficiency to benefit not only our own business but also the customers to whom we are offering third-party logistics services,” added Mihin Shah, chief supply chain officer, Landmark Group.

“We congratulate the Landmark Group on this solar agreement that will help it achieve its sustainable energy goals. As a developer with over 110 megawatts of solar projects in the region, Yellow Door Energy is proud to include Landmark Group in our growing list of premier customers. Working with AMANA Investments, we encourage businesses in JAFZA to consider solar as a viable option to reduce costs and save the environment. As a UAE-based company, Yellow Door Energy is honoured to contribute to DEWA’s Shams Dubai Program and the UAE Energy Strategy 2050,” stated Jeremy Crane, CEO and co-founder, Yellow Door Energy.

“Our relationship with the Landmark Group over the years has been one that we are especially proud of, resulting in the construction of numerous facilities for the Group across the region. Today, we are proud to extend, in cooperation with Yellow Door Energy, another service to Landmark enabling the Group to reduce its cost of power in the same facility that we constructed 2 years ago.  We look forward to working with Landmark to further reduce their energy costs and consumption in this facility and others across the region,” said Riad Bsaibes, president & CEO, AMANA Investments.

Yellow Door Energy and AMANA Investments are responsible for investing in, designing, building, commissioning, operating and maintaining Landmark Group’s solar plant for the duration of the agreement.

 

For all the latest retail news from the Middle East, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto




Download Images RetailME Magazine