Utilities Middle East
Yellow Door Energy closes 2020 with $41 million worth of new projects
Yellow Door Energy, the leading sustainable energy provider for businesses in the Middle East, has announced closing 2020 with an impressive AED 150 million (USD 41 million) worth of new projects in the region, including projects in the UAE, Jordan, Pakistan, Saudi Arabia and Bahrain. In 2020, the company’s operating projects generated 60 million kilowatt-hours of clean energy, equivalent to reducing carbon emissions by 36 million kilograms or planting 600,000 trees. The achievement comes in line with the Company’s vision to power emerging economies reliably, efficiently and sustainably. The projects, which provide affordable solar power to businesses without any upfront investment, also contribute to local sustainability goals in their respective countries, as well as to creating new job opportunities and enhancing economy in local communities. Commenting on this success, Jeremy Crane, CEO and CoFounder of Yellow Door Energy, said: “Despite unfavorable economic conditions around the globe caused by the COVID-19 situation, we persevered and continued to deliver a strong performance across the region in 2020. This is yet another testimony that sustainability is a top priority.