New partnership further reinforces SirajPower key role played in the UAE solar sector

UAE, Dubai: SirajPower, the Dubai-based joint venture devoted to net metering and providing comprehensive turnkey solutions around solar rooftops in the United Arab Emirates, continues its growth in Dubai with the signature of a new leasing agreement for a solar system with Apparel Group, a global fashion and lifestyle retail conglomerate known for operating major brands from around the world such as Tim Hortons, Cold Stone, Aldo, Tommy Hilfiger, Sketcher, Aeropostale, Nautica to name a few.

SirajPower has signed a 15 year’s leasing scheme under which it will install, finance and operate a 1.8 MWp PV system on two of Apparel’s warehouses in Jebel Ali Free Zone (JAFZA). The solar plant is expected to cover more than 50% of the company’s electricity consumptions, saving 1,750 tons of CO2 during the first year of operation.

David Auriau, Director at SirajPower said: “Since the beginning of our operations, we have been committed to supporting the Shams initiative. Within a short period of time, we successfully attracted and partnered with major industrial players that adopted our unique solar leasing model to embrace a green footprint in their operations. Our partnership with Apparel Group is the result of our team’s hard work to spread the word about investing in clean energy amongst UAE businesses and help us in our journey to make Dubai and the UAE greener. We are delighted to be operating in a country that has invested a lot of effort in taking a global leadership position in renewable energy, a sector that is now a national priority. We share the same vision and are keen to play a key role for a cleaner world.”

Nilesh Ved, Chairman - Apparel Group said: “Our partnership with SirajPower is a milestone for us as we start growing our business in a more sustainable way whilst also making consistent energy savings to create a greener footprint. The ‘Energy Strategy 2050’ launched by UAE’s leadership mandates the adoption of innovative solutions to protect the environment for our current & future generation and become responsible corporate citizens; hence our partnership with SirajPower became natural as this partnership fulfils the vision to lead implementation of a sustainable initiative”.

SirajPower has currently 16 plants in Dubai in operation or under construction for a total capacity of around 30 MWp. The company has already inked three agreements in 2018 including Al Abbar Aluminium, Landmark Group, Apparel Group and is expected to bring on-board other prominent UAE business soon.

-Ends-

About SirajPower

Siraj Power was born out of the partnership between Corys Environment, the environmental investment arm of Green Coast Enterprises, a family owned business established in 1977, and Akuo Energy, a leading French independent renewable energy power producer. SirajPower offers innovative solar solutions to businesses, government agencies, commercial, industrial and educational institutions of all sizes within the GCC. The company’s advanced, record-breaking solar technology allows customers to maximise savings, gain energy independence, and meet sustainability goals. For more information on SirajPower, please visit: www.sirajpower.com 

Media Contact
Jamaal Saad and Mohaned Mahgoub
Jamal@tohpr.com and Mohaned@tohpr.com  
+971(0)4 382 8900

About Apparel Group

Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, the Apparel Group caters to thousands of eager shoppers through its more than 1750+ stores and 75+ brands across all platforms employing 12,000 multicultural staff covering four continents.

Apparel group has carved its strong presence not only in the UAE, Kuwait, Bahrain, Oman, and Saudi Arabia but opened thriving gateways to market in India, South Africa, Poland, Singapore, Jordan, Indonesia, Thailand and Malaysia. Additionally, clear strategies are in place to enter emerging markets such as Hungary, Pakistan, Egypt and Philippines

Apparel Group Operates Brands from around the world, originating from USA, Canada, Europe, Australia, Asia and include leading names in Fashion, Footwear & Lifestyle such as Tommy Hilfiger, Juicy Couture, Skechers, Nautica, Aldo, Nine West, Aeropostale to name a few and other key brands include Tim Hortons, Cold Stone Creamery, Inglot, Rituals etc.

The Apparel Group owes its amazing growth to the vision and guidance of its dynamic Chairman, Nilesh Ved, who has taken the company from strength to strength since its inception in the last two decades. www.appareluae.com 

© Press Release 2018

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.