Jeddah, 10 May 2021 – In line with its commitment to reducing its carbon footprint, privately held Zahid Group signs an agreement with SAFEER for the installation of a 1.5 MWp solar rooftop and carport hybrid system on the premises of its new headquarters, Zahid Business Park.
Zahid Business Park will be located on the northern outskirts of Jeddah and host the Group’s new 11 floor Head Office, six large scale facilities for independent Zahid Group companies, a community center and the Zahid Learning Institute. The renewable energy component was integrated in the initial design of Zahid Business Park. This innovative approach will help Zahid Group to significantly reduce its carbon footprint through clean power production.
The system will annually produce ~2.5 GWh of clean energy and will offset nearly 1,800 metric tons of CO2 emissions, corresponding to approximately 7,000,000 kilometers driven by an average passenger vehicle or equivalent to more than 30,000 tree seedlings grown for 10 years. The planning and construction of the solar hybrid system combining photovoltaic and conventional energy generation will be completed by SAFEER, a joint venture between Altaaqa Alternative Solutions (a Zahid Group company) and Total Solar Distributed Generation.
Commenting on the project, Barig Siraj, Vice President of Group Affairs at Zahid Group said, “Supporting sustainable development is a priority at Zahid Group. Whether it is via significant investments in renewable energy or turning to renewable energy solutions for our own business needs, Zahid Group is an active participant in the Kingdom’s Vision 2030 for the development and promotion of renewable energy generation.”
Francois Ganneau, Managing Director of Safeer, said, “After the recent creation of the Safeer joint venture, it is our pleasure to implement this iconic project for one of our parent companies. This complex project introducing photovoltaic hybrid technology on rooftops and carports of the new Zahid Business Park will showcase SAFEER`s capabilities and commitment to excellence and will act as a case study in highlighting the benefits of integrating renewable energy solutions in commercial and industrial settings.”
About Zahid Group
Zahid Group is a privately held organization headquartered in Jeddah, Saudi Arabia for over a century, it employs more than 5,000 people and is a leading player in multiple industries that include, energy & utilities, heavy machinery, financial services, industrial manufacturing, transport, and hospitality. The Zahid Group partners with leading global brands including Caterpillar, Volvo and Renault trucks, and Total.
About Safeer
Safeer is a joint venture between Jeddah-headquartered Zahid Group, represented by “Altaaqa Alternative Solutions” and the French energy company Total, represented by “Total Solar Distributed Generation”. SAFEER stands for “Saudi French for Energy Efficiency and Renewables” and signifies “Ambassador” in the Arabic language. Reflecting Zahid Group´s and Total’s commitment to bringing affordable and reliable solar energy solutions to the Kingdom of Saudi Arabia and to supporting the renewables agenda set in the Vision 2030 initiative.
Specializing in commercial and industrial solar installations on rooftops and carports, the joint venture leverages Total´s expertise across the entire solar value chain and Altaaqa's 18 years of leadership in delivering independent power and water utility solutions in the Kingdom.
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Altaaqa Alternative Solutions Contact
Media Relations : Alexandra Roger-Machart (alexandrarm@altaaqa.com)
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