EMSTEEL Partners with Yellow Door Energy for UAE's Largest Solar Rooftop Project
Deal News | Mar 25, 2025 | Zawya
In a strategic move towards sustainability, EMSTEEL Group, a prominent steel and building materials manufacturer in the UAE, has partnered with Yellow Door Energy to develop the largest industrial solar PV rooftop project in the UAE. This project, with a total capacity of 31.5 megawatt-peak (MWp), will amplify EMSTEEL's decarbonization efforts and support the UAE's Net Zero by 2050 initiative. The installation, comprising rooftop and carport solar panels, will be developed across 40 of EMSTEEL's roofs in Abu Dhabi, generating approximately 50 million kWh of clean electricity annually. The project aims to offset approximately 16,000 metric tons of CO₂ emissions per year over the next 25 years. Set for construction in 2025 and commissioning in 2026, Yellow Door Energy will handle financing, building, operations, and maintenance, offering a solar lease model that minimizes upfront costs for EMSTEEL. This initiative is a cornerstone of EMSTEEL's broader decarbonization strategy, which targets a 40% reduction in GHG emissions in its Steel Business Unit and a 30% reduction in its Cement Business Unit by 2030, with net-zero emissions by 2050 as the ultimate goal.
Sectors
- Renewable Energy
- Manufacturing
- Construction
Geography
- United Arab Emirates – The project is located in the UAE, specifically in Abu Dhabi, focusing on renewable energy within the region.
- Middle East – EMSTEEL operates as part of the larger Middle Eastern market, influencing sustainable initiatives in the region.
Industry
- Renewable Energy – The core focus of the project is on solar power installation, which is a part of the renewable energy sector.
- Manufacturing – EMSTEEL, as a steel and building materials manufacturer, is the main participant utilizing the solar energy to power its manufacturing facilities.
- Construction – The construction of solar panel installations and the focus on building materials link to the construction industry.
Financials
- 31.5 MWp – The total capacity of the solar power project.
- 50 million kWh annually – The projected clean electricity generation per year.
- 16,000 metric tons of CO₂ – The expected annual CO₂ emissions offset by the project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EMSTEEL Group | Target Company | Company | A leading steel and building materials manufacturer in the UAE, partnering with Yellow Door Energy for the solar project. |
| Yellow Door Energy | Sustainable Energy Partner | Company | The largest sustainable energy partner for businesses in the Middle East and Africa, responsible for the project's development. |
| ADQ | Majority Owner | Company | A holding company with a broad portfolio in Abu Dhabi, majority owner of EMSTEEL. |
| Abu Dhabi Government | Geographical Context | Government | The geographical authority under which the project will be developed. |