AW Rostamani Group Partners With Siraj Power For JSV

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AW Rostamani Group (AWR), one of the UAE’s leading family-owned Conglomerates, has entered a strategic partnership with SirajPower
AW Rostamani Group, one of the UAE’s leading family-owned Conglomerates, has entered a strategic partnership with SirajPower, the UAE's leading distributed solar energy provider in the region. Image courtesy: AW Rostamani Group

Marking its first venture into solar energy as what is known as joint solar venture (JSV), AW Rostamani Group (AWR), one of the UAE’s leading family-owned Conglomerates, has entered a strategic partnership with SirajPower, the UAE’s leading distributed solar energy provider in the region. 

Industry sources added that this partnership overviews the deployment of innovative solar solutions with a capacity of 1.7 MWp across AW Rostamani Group’s four principal locations in Dubai, signifying a major stride in the Group’s sustainable energy initiatives.

Industry sources further added that the signing ceremony took place in AWR Group Head Office and was graced by the presence of Dr. Amina Al Rostamani, Director and Board member of AW Rostamani Group, Fareed Al Janahi, COO of AWR Properties, Mohammed Abdulghaffar Hussain, Chairman of SirajPower, Laurent Longuet, CEO of SirajPower, Ali Almarzooqi, Director of Mobility, Positive Zero and other senior officers from both entities.

This innovative solar solution will span core sites along Sheikh Zayed Road, Dubai Industrial City (DIC), and Deira, covering showrooms and service centers, and is all poised to generate 2.85GWh of clean energy annually. This solar initiative not only underscores AWR’s dedication to environmental sustainability but also aligns seamlessly with the UAE’s strategic vision for environmental progress. The project is bound to offset over 2,000 metric tons of CO2 emissions each year, substantially reducing the company’s carbon footprint.

Industry sources also added that SirajPower will trigger out the financing, design, construction, and long-term operations and maintenance of these solar installations. SirajPower’s comprehensive approach provides AWR with a streamlined transition to renewable energy sources, ensuring the effective and efficient adoption of clean energy solutions into their operations.

Khalid Al Rostamani, Chairman and CEO of AW Rostamani Group

Khalid Al Rostamani, Chairman and CEO of AW Rostamani Group stated: “Our collaboration with SirajPower marks a significant milestone for AW Rostamani Group as we embark on our first-ever solar energy initiative. We are dedicated to incorporating sustainable practices into our operations, and this partnership allows us to substantially contribute to reducing our environmental impact. As a forward-looking organization, we believe in the potential of renewable energy, and the agreement with SirajPower exemplifies our commitment to a cleaner, greener future for the UAE.”

Mohammed Abdulghaffar Hussain, chairman of SirajPower

Mohammed Abdulghaffar Hussain, chairman of SirajPower, stated: “We are thrilled to partner with AW Rostamani Group, one of UAE’s leading conglomerates, in their inaugural solar venture. This agreement is a testament to the growing importance of sustainable solutions in the business landscape. At SirajPower, a member of our decarbonization-as-a-service company – Positive Zero, we’re committed to facilitating a smooth transition for businesses toward clean energy adoption as well as empowering such esteemed companies on their journey to reduce their carbon footprint.

Mr. Hussain added “Our mission extends beyond providing solar solutions; it is about driving transformative change toward environmental responsibility. We take immense pride in supporting AW Rostamani Group as they pioneer the path toward a sustainable future, setting a benchmark for others in the industry.”

SirajPower is a dedicated provider of solutions that pertain to solar energy in the UAE and the GCC region. The firm holds the largest distributed solar energy portfolio of 130MWp and is rapidly expanding its operations and applications to become the regional Green Champion. With more projects in the pipeline, SirajPower is diligent in fulfilling its carbon-negative vision by 2050 and is well on its way to becoming the region’s number one supplier of solar energy solutions.

Source

Also, Read: – More On AWR

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