During the Gateway Gulf forum in Manama, Foulath Holding and Yellow Door Energy announced the construction of the world’s largest rooftop solar plant, a 123 megawatt peak (MWp) project that will position Bahrain as an international benchmark in clean energy. clean energy.
The project includes the installation of more than 189,900 solar panels distributed over 14 sites, including a 262,000 m² rooftop with a capacity of 50 MWp, a world record for a single site. This infrastructure will generate 200 million kWh of clean energy per year, which translates into a reduction of 90,000 metric tons of CO₂.
A strategic alliance with global impact
The project is a collaboration between Foulath Holding, parent industrial holding company of Bahrain Steel and SULB, and Yellow Door Energy, a leading developer of solar solutions for businesses in the Middle East and Africa. Implementation will be under a power purchase agreement (PPA), allowing companies to benefit from renewable energy with no upfront investment.
Yellow Door Energy will assume the financing, design, construction, operation and maintenance of the system for the duration of the contract. With more than one billion kWh already generated by its previous projects, the company thus consolidates its position as a key player in the regional energy transition.
What is the objective of the project?
The main objective is to decarbonize steel production in the Kingdom by aligning Foulath’s industrial operations with the principles of sustainable development. In recent years, the group has earmarked $250 million for environmental initiatives, reinforcing its role as a pioneer in corporate responsibility within the steel sector.
For the country, the world’s largest rooftop solar plant aligns with its national goal of achieving net zero emissions by 2060 and demonstrates that, despite its oil wealth, it is seriously investing in a diversified and sustainable energy future. The announced Gateway Gulf international investment forum seeks to attract more foreign capital by showcasing Bahrain as a hub of innovation.
A powerful message
For a country in the Persian Gulf, the heart of the world’s oil industry, to lead a renewable energy project of this scale sends a strong message about the global energy transition and demonstrates the effectiveness of the PPA model. effectiveness of the PPA model model for heavy industries to access cheap, clean energy without large investments of their own.
Source: Yellow Door Energy
