Danube appoints SirajPower to O&M, finance 1MWP solar power plant

Dubai-based real estate developer Danube Group led by founder and chairman Rizwan Sajan has appointed SirajPower, a distributed solar energy provider, as the group solar energy partner.

As part of the appointment, SirajPower will finance, operate and maintain (O&M), Danube Group’s 1MWP solar power plant spread across Jebel Ali Free Zone Authority (JAFZA) and Dubai TechnoPark.

The plant covers approximately 13,000m2 roof area and is expected to generate 1.7GWh of annual energy production. The project will also help reduce over 1,200 metric tons of carbon emission annually — which is equivalent to charging more than 150 million smartphones.

Commenting on how private sector companies are gradually moving towards renewable energy sources, CEO of SirajPower, Laurent Longuet, said: “The private sector’s appetite for solar plants has been quickly increasing over the past few years and different solar solutions are being offered.

According to Longuet, selecting SirajPower as its solar partner will help Danube Group “achieve its clean energy transition and contribute to the sustainable development of the UAE”.

On adapting sustainable resources, Sajan, said: “By getting these panels installed at our facilities, not only will we save on our cost of electricity, but also the environment.”

Sajan called out for entrepreneurs “to employ measures and practices” that are good for the conservation of natural resources.

Earlier, SirajPower said that commercial and industrial businesses will look into reducing their operating costs and limiting their cash expenses to be able to resume their business and brave the financial crisis ahead.

In a time, when commercial and industrial businesses look into reducing their operating costs and limiting cash expenses, solar energy combined with financing solutions such as the leasing model will be helpful when it comes to easing energy expenses.

Longuet said: “This will allow private companies to reduce their electricity bill in a very significant manner without any upfront investment.”

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