Tamimi Markets and Yellow Door Energy sign solar lease

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Updated 26 July 2025
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Tamimi Markets and Yellow Door Energy sign solar lease

  • Bobby Rajendran, CEO of Tamimi Markets, said: “Sustainability is embedded in Tamimi Markets’ DNA, and today we are walking the talk on sustainability by signing this solar lease with Yellow Door Energy

Tamimi Markets, a prominent name in Saudi Arabia’s retail sector, and Yellow Door Energy, a sustainable energy partner for businesses in the Middle East and Africa, have signed a solar lease agreement to provide clean electricity to Tamimi Markets’ distribution centers in Jeddah and Dammam.
The solar project has a combined capacity of 900 kWp, with 465 kWp allocated to the Jeddah fulfillment center and 435 kWp to two facilities in Dammam. More than 1,500 high-efficiency bifacial solar panels will be installed across approximately 7,200 square meters of rooftop space. The solar power plants are expected to generate 1.5 million kilowatt-hours of clean energy in their first year of operation, equivalent to reducing carbon emissions by 586 metric tonnes. This initiative directly supports Saudi Arabia’s “net-zero by 2060” commitment and aligns with the broader goals of Vision 2030.
Bobby Rajendran, CEO of Tamimi Markets, said: “Sustainability is embedded in Tamimi Markets’ DNA, and today we are walking the talk on sustainability by signing this solar lease with Yellow Door Energy. Together with our solar partner, we will decarbonize our operations, enhance business resilience and support Saudi Arabia’s ‘net-zero by 2060’ objective. Our shoppers, employees, and wider network can be proud of the fact that Tamimi Markets, the preferred grocery destination for Saudis, is leading the sustainability journey.”
Hisham Alhegelan, CEO Middle East at Yellow Door Energy, added: “We are honored to partner with Tamimi Markets on this important solar project. Through the solar lease, significant cost savings and carbon emission reduction will be realized. The Kingdom of Saudi Arabia continues to lead the region in its sustainability stewardship, and this important solar project demonstrates this leadership.”
Khaled Chebaro, country Director for Saudi Arabia at Yellow Door Energy, added: “We are delighted to support Tamimi Markets and contribute to Saudi Vision 2030. Yellow Door Energy continues to rapidly expand its project portfolio in the Kingdom, helping businesses reduce energy costs and lower carbon emissions. To-date, we have signed five solar leases in Saudi Arabia and look forward to contributing to the Kingdom’s ‘net-zero by 2060’ target.”

Construction is already underway, and the project is expected to be completed by the end of 2025. Under the solar lease agreement, Yellow Door Energy is responsible for financing, designing, constructing, commissioning, operating, and maintaining the solar power plants while Tamimi Supermarkets remains focused on providing the best retail experience for its shoppers. 

 


Ajdan cements role in major projects by signing MoU with King Salman International Airport in Riyadh

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Ajdan cements role in major projects by signing MoU with King Salman International Airport in Riyadh

Ajdan Real Estate Development Company signed an MoU with King Salman International Airport during the Public Investment Fund & Private Sector Forum 2026. 

The MoU aims to explore areas of cooperation and identify opportunities for mixed-use real estate and commercial development that will enhance project quality and meet the highest standards of efficiency and excellence.

Representing Ajdan at the signing ceremony was its CEO, Eng. Mohammed bin Abdulmohsen Al-Otaibi, while Dr. Mohammed Al-Jarallah, deputy chief executive for real estate development, signed on behalf of King Salman International Airport. The MoU establishes a strategic framework for future cooperation and paves the way for a long-term partnership on a number of flagship projects.

Under this memorandum, Ajdan collaborates with King Salman International Airport on the development of mixed-use spaces and commercial facilities within the airport’s premises, building on its role as a national real estate developer delivering innovative projects that advance sustainable development. The company will leverage its expertise in the planning, design, and management of integrated commercial destinations to ensure project execution meets the highest standards of quality and sustainability.

King Salman International Airport is one of the Kingdom’s largest strategic development projects in terms of area and operational ambition. The airport spans approximately 57 sq. km, of which about 12 sq. km are allocated for mixed-use real estate development, in addition to fully integrated economic and logistics zones covering more than 3 million square meters. 

These developments will enhance the integration of real estate, commercial, and service activities. The airport targets handling 100 million passengers annually by 2030, supported by comprehensive upgrades to facilities, infrastructure, and logistics services, positioning it as an advanced multi-sector investment platform and a driver of economic growth.

Eng. Mohammed bin Abdulmohsen Al-Otaibi, CEO of Ajdan, stated: “We take pride in our collaboration with King Salman International Airport, which reflects Ajdan’s commitment to developing integrated destinations in line with global standards. Through this partnership, we aim to leverage our expertise to deliver innovative solutions that create sustainable value for the airport and enhance the visitor experience.”

KSIA Acting CEO Marco Mejia said: “These seven partnerships reflect our ambitious vision to transform KSIA into a fully integrated urban and economic ecosystem that goes beyond the traditional concept of airports. We are proud to collaborate with a distinguished group of leading national real estate developers whose deep expertise and strong track records will help deliver high-quality projects, create sustainable economic value, and further position the airport as a leading investment hub.”

This step is part of Ajdan’s strategy to expand its strategic partnerships and develop sustainable urban and commercial destinations that help improve the quality of life and support economic growth across the Kingdom.