The Chalhoub Group and Yellow Door Energy have entered into a solar lease agreement, which aims to bring clean electricity to Chalhoub Group’s fulfillment hub in Riyadh, Saudi Arabia.
The 848 kilowatt-peak (kWp) solar project will feature a rooftop solar power plant that will operate entirely off-grid, eliminating the company’s reliance on the local utility’s grid. Over 1,380 solar panels will be installed, generating 1.2m kWh of clean energy in its first year of operation. This significant amount of clean energy will help reduce carbon emissions by 460 metric tons.
Mohammed Aldabbagh, KSA Managing Director at Chalhoub Group said, “At Chalhoub Group, sustainability is at the heart of everything we do: it is embedded in our purpose and business model, not an add-on. Our solar lease with Yellow Door Energy is a tangible step in bringing our ESG commitments to life, reflecting our dedication to the planet, our people, and our partners.”
“Through initiatives like this, we aim to reduce our environmental footprint, foster inclusive and empowering workplaces, and work collaboratively with our partners to drive meaningful change. Projects such as this allow us to contribute positively to Saudi Arabia’s sustainability ambitions while continuing to inspire and delight our customers,” he added.
Khaled Chebaro, Country Director KSA at Yellow Door Energy continued, “We are honored to partner with Chalhoub Group, an iconic luxury retailer that has been adorning the Middle East since 1955. Through the solar lease, significant cost savings and carbon emissions reductions will be achieved, demonstrating that what is good for the planet is also good for business. The Kingdom of Saudi Arabia continues to lead the region in its sustainability stewardship. This solar lease reinforces that leadership and supports the Kingdom’s Net Zero by 2060 target.”
Construction on the solar project has already commenced, and it is anticipated to be completed by early 2026. Under the solar lease agreement, Yellow Door Energy will assume the responsibility of financing, designing, constructing, commissioning, operating, and maintaining the solar power plant.
By adopting the solar lease model, Chalhoub Group can harness the benefits of clean energy without incurring operational risks, which allows the company to concentrate on its core business while advancing its sustainability objectives.
Chalhoub Group and Yellow Door Energy sign solar lease Middle East Construction News.
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