SirajPower offers 'ground-breaking' solution to Dubai residential market
The solution is expected to result in a total system capacity of 3MWp, and will generate annual energy production of 5GWh
UAE-based solar energy provider SirajPower has inked a solar rooftop project deal with Al Khail Heights by real estate developer Texture Holding and Green Coast Real Estate's Mirdif Villa Complex.
The partnership is expected to result in a total system capacity of 3MWp, and will generate annual energy production of 5GWh, while displacing more than 2721.5 tonnes of carbon dioxide emissions per year.
The [residential] sector has been slow in the adoption of solar energy due to scepticism about the benefits of creating green real estate assets and its potential advantages, SirajPower said in a release, adding that market reports demonstrate Dubai’s position as a model for sustainable real estate development.
Speaking about the partnership, chief executive officer at SirajPower, Laurent Longuet, said: "A fully financed solar model is now becoming a reality in Dubai and the Middle East, and SirajPower has become the first and only solar energy company in the region that can provide a ‘commercial’ solar leasing solution for the residential market.
Our expansion in the residential sector is a ground-breaking move that showcases our commitment to increasing the number of solar projects in the UAE to achieve its ambitious sustainable development goals."
Commenting on the benefits of joining forces with SirajPower, the chief executive officer at Green Coast Real Estate, Mansoor Nabil A G Hussain, said: "SirajPower has been able to demonstrate data and evidence showing costing impacts which are essential to shift attitudes in the market. As a developer, we are now able to quantify the value of our investments in solar rooftops and our energy savings."
Highlighting Al Khail Heights' support towards the UAE's long-term Green Economy for Sustainable Development initiative, director, Zubair Patni, said: "In Dubai, the leadership has put in place an integrated energy strategy that aims to achieve a 30% reduction in energy and water usage across the built environment by 2030. This is important for property owners and occupiers as it will result in tangible saving benefits," adding that the partnership is a step towards realising the nationwide initiative.