Move to accelerate clean energy transition
ADNEC Group, a Modon Company, an international leader in managing and developing strategic assets, exhibitions, and events, recently announced the signing of a Power Purchase Agreement (PPA) with Positive Zero, the Middle East’s leading decarbonization and energy transition provider, for the installation of a Solar Photovoltaic (PV) system on the roof of ADNEC Centre Abu Dhabi.
The agreement was signed during the recently concluded World Future Energy Summit at ADNEC Centre Abu Dhabi by Humaid Matar Al Dhaheri, Managing Director and Group CEO, ADNEC Group, and Mohammed Abdulghaffar Hussain, Chairman, Positive Zero. The signing was witnessed by key representatives from both organizations.
“ADNEC Group’s agreement with Positive Zero exemplifies our commitment to sustainability. This agreement reinforces our commitment to achieving Net Zero and aligns with our Carbon Transition Plans,” remarked Al Dhaheri.
Efficient energy solutions
“At Positive Zero, we help businesses decarbonize through clean and efficient energy solutions that transform how they generate, manage and consume power. By supporting ADNEC Group’s Carbon Transition Plans, we are collectively accelerating the UAE’s energy transition ambitions,” commented Hussain.
This agreement will be managed by Positive Zero’s Generation arm (SirajPower) and will span a 15-year period with a 5 Mega-Watt Peak (MWp) installed capacity of Solar Photovoltaic (PV) panels. This project will cover an expansive 21,620sqm utilizing the roof area of ADNEC Centre Abu Dhabi.
Once operational by the end of the year, the system will cover 30% of ADNEC Centre Abu Dhabi’s yearly electricity demand. This initiative is expected to reduce equivalent CO2 emissions by nearly 6,000 metric tonnes annually, which is the equivalent of powering 1,250 homes with electricity for one year, a press release concluded.
