MAPEI Signs Solar Lease With Yellow Door Energy

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A file photo of MAPEI Signs Solar Lease with Yellow Door Energy

Mapei Construction Chemicals with Yellow Door Energy to install around 2200 solar panels at Mapei’s manufacturing plant, Dubai Investment Park. The capacity of the solar plant is 1.2 MW which will generate 1,922,000 kw/h of clean energy in the initial year of operation.

Mapei Group is a leading Italian manufacturer of adhesives, sealants, and chemical products for the construction industry. Mapei Construction Chemicals is a subsidiary of Mapei Group.

The installation of solar panels will start early next year. The plant will cover an area of 8900 sq m and will reduce the electricity costs of the company and carbon emissions by 800 tonnes.

Stefano Iannacone, Director for the Middle East & Africa, said, “At Mapei, sustainable best practices are embedded into our diverse range of building solutions and we are proud to partner with Yellow Door Energy on this pioneering initiative. We have always been at the forefront of innovative solutions that are in the best interest of the environment and communities across the world.”

“We are delighted to contribute towards the UAE’s Net Zero initiative and will continue to implement forward-thinking sustainable solutions that can positively impact all stakeholders,” he added.

As the solar lease provider, Yellow Door Energy is responsible for financing, designing, building, commissioning, operating and maintaining the solar plant for the duration of the agreement. By working with solar developers, building owners can reduce their energy costs without any upfront investment or operational risk, while maintaining focus on their core business and enjoying the benefits of clean energy.

Yellow Door Energy Chief Commercial Officer Rory McCarthy said, “We are honored to partner with MAPEI and support its ambitious approach to sustainability for the construction industry. Solar power is an integral part of any business that wants to balance profitability and sustainability. Yellow Door Energy is humbled to contribute towards the UAE’s Clean Energy Strategy and the Net Zero by 2050 Strategic Initiative. We also congratulate the nation’s leadership on the successful bid to host COP28 in 2023.”

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