• The cooperation includes establishing solar energy projects with a capacity of 1.7 megawatts to produce 2.85 gigawatts of green energy annually in the Abdul Wahed Al Rostamani Group’s four main centers in Dubai.

• Cooperation contributes to reducing Abdul Wahed Al Rostamani Group’s dependence on non-renewable energy and offsetting 2,000 metric tons of carbon dioxide emissions annually.

Dubai, United Arab Emirates: Abdul Wahed Al Rostamani Group, one of the most important leading family companies in the United Arab Emirates, announced its first solar energy projects in partnership with Siraj Power, the leading Emirati company in providing distributed solar energy solutions in the region. The partnership allows the launch of a number of innovative solar energy solutions with a capacity of 1.7 MW in the four main sites of the Abdul Wahed Al Rostamani Group in Dubai, which represents an important step in the group’s sustainable energy initiatives.

The project is expected to produce 2.85 gigawatt hours of clean energy annually, and it includes various sites on Sheikh Zayed Road, Dubai Industrial City, and the Deira area, including exhibition halls and service centers. With the signing of the agreement during COP28, this initiative highlights the group’s commitment to environmental sustainability, and is also in line with the UAE’s strategic vision to achieve progress in the field of the environment, as the project is expected to contribute to offsetting 2,000 metric tons of carbon dioxide emissions annually, Which greatly reduces the company's carbon footprint.

The collaboration represents a pioneering step for Siraj Power, as it leads the financing, design and construction of these solar energy facilities, as well as their long-term operation and maintenance. Siraj Power's integrated approach provides the AW Rostamani Group with a seamless transition to renewable energy sources, ensuring the efficient and cost-effective use of clean energy solutions in the Group's operations.

The signing ceremony was held at the head office of the Abdul Wahed Al Rostamani Group, which was honored by the presence of Dr. Amina Al Rostamani, Director and Board Member of the Abdul Wahed Al Rostamani Group, Farid Al Janahi, Chief Operating Officer of the Abdul Wahed Al Rostamani Real Estate Group, and Mohammed Abdul Ghaffar Hussain, Chairman of the Board of Directors of Siraj Power. , Laurent Longhi, CEO of Siraj Power, Ali Al Marzouqi, Director of Clean Energy Solutions, Transportation Services, Positive Zero, and other senior positions from both sides.

Commenting on the matter, Khalid Al Rostamani, Chairman of the Board of Directors of Abdul Wahed Al Rostamani Group, said: “Cooperation with Siraj Power represents an important step for Abdul Wahed Al Rostamani Group, as it coincides with our launch of the group’s first solar energy initiatives. This partnership allows us to contribute to reducing our environmental footprint.” "To a large extent to the group, in line with our commitment to integrating sustainability practices into our operations. Based on our position as a forward-looking organization, we affirm our full confidence in the potential of renewable energy, and our agreement with Siraj Power represents a clear example of our endeavor to build a greener and cleaner future for the UAE."

For his part, Mohammed Abdul Ghaffar Hussein, Chairman of the Board of Directors of Siraj Power, said: “We are pleased to cooperate with the Abdul Wahed Al Rostamani Group, one of the leading family groups in the UAE, in its first projects in the field of solar energy. This agreement represents the best evidence of the growing importance of sustainable solutions.” In the business landscape. At Siraj Power, a member of Positive Zero, we are committed to facilitating the smooth transition of businesses towards clean energy, in addition to supporting such companies in their quest to reduce their carbon footprint. Our mission is to play a pioneering role in the comprehensive change towards commitment to environmental responsibility, as well as “We are proud to provide support to the Abdul Wahed Al Rostamani Group in its pioneering journey towards a sustainable future.”

Siraj Power is a company specialized in providing solar energy solutions in the UAE and the GCC region. The company has the largest portfolio of solar energy projects in the region with more than 130 megawatts that have entered commercial operation, noting that it is expanding rapidly to become the most prominent environmentally friendly companies in the region. Siraj Power, through several projects under planning, is keen to achieve its vision of carbon negative solutions by 2050, and has come a long way to becoming the first provider of solar energy solutions in the region.

This partnership represents an important achievement in the field of environmental conservation, and is a notable progress for the Abdul Wahed Al Rostamani Group in the field of renewable energy, with the support of Siraj Power, the leading company in providing distributed solar energy solutions. This collaboration represents evidence of the growing influence of sustainable practices in the region, which is redefining forward-looking and responsible business practices. This cooperation between Abdul Wahed Al Rostamani Group and Siraj Power contributes to paving the way towards achieving an environmentally conscious future in the UAE.

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About Abdul Wahed Al Rostamani Group:

The Abdul Wahed Al Rostamani Group, which was founded in 1954 in Dubai, is considered one of the most famous leading family companies in the Middle East, with more than 4,000 employees, a turnover of more than 2 billion US dollars, and a presence in the UAE, India and the United Kingdom. Its subsidiaries operate in several sectors, such as automotive, real estate, retail, lighting solutions, travel, and logistics. These include the world-renowned Arab Motors Company, the exclusive distributor of Nissan, Infiniti and Renault cars in Dubai and the Northern Emirates. Abdul Wahed Al Rostamani Group continues its journey of enriching customers’ lives through the launch of innovative products, services and solutions.

About Siraj Power:

Siraj Power is a subsidiary of Positive Zero, focusing its efforts on enabling the modern energy economy in the Middle East. The company plays a leading role in the green energy revolution as a leading provider of distributed solar solutions, and is currently the largest portfolio of solar projects in the region with more than 130 MW in commercial operation, and more than 500 facilities in operation and maintenance. So far, the company has been able to establish solar energy projects on an area of more than 600,000 square meters, leaving a noticeable impact on the energy landscape in the region. Siraj Power has a long heritage and a strong local presence, providing comprehensive and innovative solutions in the field of solar energy, including project development, financing and construction, and long-term operation and maintenance. Siraj Power is considered the first company in the region in the field of clean energy solutions, and is working to achieve the global ambition for a healthier and more sustainable future.

© Press Release 2023