Dubai-based holding company Majid Al Futtaim has signed an agreement with Yellow Door Energy, a leading commercial solar developer based in the UAE, to add solar power to Carrefour stores in Jordan.
The 17-megawatt build-own-operate-transfer (BOOT) wheeling agreement will bring 29 gigawatt-hours of clean energy to Carrefour stores located in Amman, Zarqa, Madaba, and Al-Salt in the first year of operation to meet 100% of the retailer’s electricity needs in those areas, according to a press release.
Alain Enjalbert, country manager for Carrefour Jordan at Majid Al Futaim Retail, said: “Sustainability plays an important role in our business as illustrated by our Net Positive strategy, which aims to over compensate our water consumption and carbon emissions resulting in a positive corporate footprint by 2040.”
“The BOOT solar agreement will prove not only integral to helping us achieve our goals but also halving our energy costs, allowing us to pass the savings on to our loyal customers across Jordan,” Enjalbert added.
In turn, chief commercial officer of Yellow Door Energy Rory McCarthy commented: “We are proud to support Carrefour and Majid Al Futtaim in their sustainability endeavors while helping them reduce energy costs and improve competitiveness. Our solar park epitomizes Carrefour’s sustainability leadership and we hope it will inspire other retailers and multi-nationals to transition to solar power.”