$30 trln in additional investments required to achieve net zero in 8 hard-to-abate sectors
The Net Zero Industry Tracker 2024 estimates that $30 trillion in additional capital will be required across ...
Nestlé UAE to get 80% of its energy from new solar plant
Nestlé Pure Life, the number one bottled water brand in the Middle East and North Africa region, expands renewable energy by commissioning a solar power plant at its production facility in Dubai with Yellow Door Energy.
The solar plant will generate 2,400 megawatt-hours of renewable electricity which will reduce carbon emission by one million kilograms per year[1]. This is part of how Nestlé addresses CO2 emissions, in line with its Net Zero emissions roadmap by 2050.
Over 2,500 solar panels have been installed on a carport structure to meet 80% of the factory’s energy consumption. The carport structure measures six meters in height and provides shading for 72 Nestlé Waters distribution trucks. Robots are used to regularly clean the panels’ surface in order to maximize energy generation efficiency and optimize visual aesthetics.
Matthias Riehle, Business Executive Officer of Nestlé Waters Middle East North Africa, said: “The solar lease with Yellow Door Energy brings us closer to our commitment to power all our facilities with renewable electricity by 2025. Today, I am honored to inaugurate this solar carport, which will produce 2,400 megawatt-hours of renewable electricity and reduce carbon emission by one million kilograms annually. This is one key milestone in our exciting journey towards Net Zero Emissions by 2050.”
Jeremy Crane, CEO and Founder of Yellow Door Energy, said: “Congratulations to Nestlé on this achievement towards Net Zero. Solar power is an integral part of any visionary business that wants to champion sustainability and profitability. This is Yellow Door Energy’s third project with Nestlé and our company looks forward to expanding and strengthening this partnership for many years to come. As a UAE-based solar developer, it is our humble privilege to contribute towards the UAE’s Clean Energy Strategy and the Net Zero by 2050 Strategic Initiative.”
As the solar lease provider, Yellow Door Energy is responsible for financing, designing, building, commissioning, operating, and maintaining the solar plant during the lease term. By working with solar developers, 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 energy.
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