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Over 2,000 solar panels have been installed on the roofs of the buildings , producing 1.9 million kilowatt-hours of clean electricity in the first year of operation , meeting 30 % of the buildings ’ energy consumption needs .

This is equivalent to reducing carbon emission by 756,000 kilograms per year . The project operates under a solar lease , whereby significant cost savings are realised for Al Mujama without expending its own capital investment .

The inauguration of the solar power plant marks a significant milestone in the journey towards sustainable development and energy efficiency in the UAE ’ s real estate sector in alignment with the UAE ’ s Net Zero by 2050 target . The collaboration integrates technological innovation and environmental stewardship to set a precedent for incorporating renewable energy solutions in residential communities and pave the way for more sustainable projects .

Mohammed Bin Hammad , Senior Director of jointly owned Properties at Dubai Land Department commented : “ The Dubai Land Department values the inauguration of a 1.2-megawatt solar power plant by Dubai Investment Real Estate , Al Mujama , Yellow Door

Energy , and Clyde Engineering . These advanced solutions support the UAE ’ s Net Zero by 2050 target and the 2050 Clean Energy Strategy , showcasing our commitment to a more resilient future .”

“ By generating clean energy , we are fostering a greener , more affordable living environment that benefits communities and secures a healthier , more resilient future for generations to come ,” said Obaid Salami , General Manager , Dubai Investment Real Estate .

Mansoor Serkal , GM of Al Mujama , said , “ To-date , we have already produced savings of over 18 % on our community energy costs . We are dedicated to protecting our environment and are proud to have 30 % of our energy needs at Ritaj provided by solar power .”

Jeremy Crane , Group CEO of Yellow Door Energy , said , “ This milestone is proudly added to our rapidly growing portfolio of successful projects in the UAE and internationally , where we have been awarded 240 megawatts of solar projects . As the solar developer in the Middle East and Africa , we are excited to empower businesses to transition to clean energy , lower their electricity costs and actively contribute to the UAE ’ s Net Zero by 2050 Initiative .”

Philip Mills , CEO of Clyde Engineering , said , “ This project will provide a major improvement in the carbon footprint at the Ritaj Community . This project was implemented with guaranteed solar production and zero capital expenditure from the client .”

Dubai Investment Real Estate is the real estate arm of Dubai Investments , an investment company listed on the Dubai Financial Market and Al Mujama is the way for jointly Owned Property in the UAE to implement solar power in its operations . •

Over 2,000 solar panels have been installed on the roofs of the buildings , producing 1.9 million kilowatthours of clean electricity .

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