Yellow Door Energy on Thursday announced that it has provided its market outlook for solar photovoltaics (PV) in Egypt and Jordan.
Yellow Door’s market outlook was showcased on the sidelines of a webinar organised by ATA Insights, according to a press release.
More than 200 solar enthusiasts from around the globe attended the webinar.
Rory McCarthy, chief commercial officer of Yellow Door, underlined Yellow Door’s offerings for commercial and industrial customers in the Middle East, namely solar leases, power purchase agreements (PPAs) and build-operate-own-transfer (BOOT) projects.
McCarthy added that such contracts enable customers to save money in the solar plant’s first month of operation, control energy costs in the present and future, in addition to reducing carbon emissions and enhance their sustainability reputation.
Yellow Door, a market-leading solar developer in the Middle East, highlighted Yellow Door’s positive outlook for solar PV in both Egypt and Jordan, as both countries have high levels of global horizontal irradiance, and high electricity prices for the commercial and industrial sectors.