Tamimi Markets Seals Solar Deal with Yellow Door Energy
Deal News | Jul 09, 2025 | Zawya
Tamimi Markets, a prominent Saudi retail company, has entered a solar lease agreement with Yellow Door Energy to power its distribution centers in Jeddah and Dammam with renewable energy. The project will have a combined capacity of 900 kilowatts-peak, and over 1,500 solar panels will be installed. This initiative supports Saudi Arabia's commitment to Net Zero by 2060 and aligns with Vision 2030. Yellow Door Energy will handle the entire operation of the solar plants, enabling Tamimi Markets to focus on retail. The project highlights Tamimi Markets' dedication to sustainability and positions them as a leader in environmental stewardship in the Saudi retail sector.
Sectors
- Renewable Energy
- Retail
- Sustainability
Geography
- Saudi Arabia – The project is based in Saudi Arabia, with specific operations in the cities of Jeddah and Dammam.
- Middle East – Yellow Door Energy operates throughout the Middle East, contributing to regional sustainability efforts.
Industry
- Renewable Energy – The article involves the installation of solar panels and the generation of clean energy, which is a key aspect of the renewable energy industry.
- Retail – The primary business of Tamimi Markets is in the retail sector, providing goods to consumers in Saudi Arabia.
- Sustainability – The focus on reducing carbon emissions and supporting Saudi Arabia's Net Zero by 2060 commitment highlights the sustainability industry.
Financials
- 900 kilowatts-peak (kWp) – Combined capacity of the solar project for Tamimi Markets' facilities.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tamimi Markets | Target Company | Company | A leading retailer in Saudi Arabia, focusing on providing a superior shopping experience while incorporating sustainable practices. |
| Yellow Door Energy | Bidding Company/Broker | Company | A sustainable energy provider in the Middle East and Africa, responsible for the solar project with Tamimi Markets. |
| Hisham Alhegelan | CEO of Yellow Door Energy Middle East | Person | Leader responsible for overseeing Yellow Door Energy's operations in the Middle East. |
| Bobby Rajendran | CEO of Tamimi Markets | Person | The executive leading Tamimi Markets' efforts in sustainability and retail excellence. |
| Khaled Chebaro | Country Director for KSA | Person | Responsible for Yellow Door Energy's operations in Saudi Arabia. |
| Saudi Arabian Government | Supportive Body | Government | Their Vision 2030 and Net Zero by 2060 commitments are key drivers for this renewable project. |