Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
Al Naboodah Group Enterprises expands into solar energy
 

Under recently-launched Al Naboodah Electrics, the new business is dedicated to providing renewable energy solutions in partnership with Jakson Group 

Dubai, UAE, January 05 2018 –   Al Naboodah Group Enterprises (ANGE), one of the UAE’s oldest and most respected family conglomerates with a diverse portfolio of businesses, is entering the solar energy space with the launch of its newest business stream, under Al Naboodah Electrics. As a renewable energy solutions provider, Al Naboodah Electrics recently entered into an exclusive partnership with Jakson Group, a leading Indian energy and engineering solutions company with presence in the Powergen & Distribution, Solar, EPC and Defence industries. The business will distribute Jakson’s portfolio of superior solar products, including solar panels, in the UAE market. An official signing ceremony took place between the two organisations alongside the recent World Future Energy Summit held in Abu Dhabi, at which Al Naboodah Electrics also had a display showcasing its renewable energy technologies. 

Al Naboodah Electrics, which sits under ANGE’s electrical business, is aligned with the Group’s overall strategy for diversification and sustainable growth. Already established as a supplier of eco-friendly products with Lumez, its own brand of energy-efficient LED lighting, the new business venture also supports the UAE government’s Energy Plan, which aims to increase clean energy use by 50% by 2050.

Buti Al Naboodah, Deputy CEO, Commercial for ANGE, said: “The investment into renewable energy is a testament to Al Naboodah Group Enterprises’ commitment to creating a sustainable future. The launch of this business is a strategic move that fulfils our sustainability ambitions while aligning ourselves more closely with the UAE Vision 2021 and the UAE Energy Plan.”    

Al Naboodah Electrics is unique in its ability to offer a 360-degree solution for solar project development and delivery, from the initial energy consumption and financial analysis through to equipment selection and construction phase engineering, and post-installation operations and management. This core competency of in-house EPC (engineering, procurement and construction) capacity is aligned with ANGE’s approach of self-delivery and self-supply, lending more overall control to the build, schedule and cost of projects. 

Krishna Pillai, General Manager of Al Naboodah Electrical, said: “Our strategic partnership with Jakson Group, a proven leader in solar products manufacturing, is another step forward in our vision to provide a superior service. Offering a full portfolio of renewable energy solutions, Al Naboodah Electrics aims to help customers meet their energy demands while reducing their overall environmental impact. With Al Naboodah Group Enterprises’ considerable experience in engineering, procurement and construction, we’re able to deliver low-cost energy while maximising financial returns for our customer’s renewable energy projects.”

One of Al Naboodah Electrics’ first solar panel projects is the optimisation of ANGE’s own assets, which includes the ANGE Corporate Headquarters in Al Awir. Phase one of the rooftop project will see up to 25% of energy demands met through solar energy, with additional phases to follow. 

Sundeep Gupta, Vice Chairman & Managing Director, Jakson Group said: “The UAE is in a prime position to harness the abundant energy of the sun, and partnering with Al Naboodah Group Enterprises leverages the expertise of two leading companies in their respective fields. With Al Naboodah Electrics, our solar panels can be customised to support the energy strategies for a wide audience across the public and private sectors. We also have a wide range of renewable energy products and solutions for various applications.” 

“This partnership is a win-win combination for both the organisations. Our expertise in solar and Al-Naboodah’s understanding of the local market offers us a unique competitive edge in the market,” added Praveen Pai, Director, Solar, EPC and Defence Business, Jakson Group 

An early mover in the solar power segment, Jakson Group, headquartered in India, also has operations in Bangladesh, Nepal, Singapore and several countries in Africa. Jakson Group has an integrated solar portfolio generation, EPC and manufacturing business and they are considered to be one of the leading manufacturing and solar EPC companies in India. 


Posted by : Dubai PR Network Editorial Team
Viewed 12072 times
PR Category : Energy and Industry
Posted on : Monday, February 5, 2018  12:25:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Global energy shifts set to transform the Middle East energy...
Next Story : UL's Global Energy Experts Educate Audience at 2018 World Fu...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Marchon Eyewear Summer 2018 Collections [9522-Views]
du Distributes Eid Gifts at Al Jalila Children's Hospital [9211-Views]
Al-Futtaim ACE celebrates Eid with exciting offers and activities [8589-Views]
24 hour Mega Sale at Dalma Mall! [8351-Views]
Filorga introduces two new additions to its UV-BRONZE range offering a comprehensive range... [7729-Views]
Purify Your Skin with Skin Republic [7534-Views]
A Sparkling Gift Guide for Eid al-Fitr by Mouawad [6930-Views]
Al Ghandi Auto brings the most Affordable Electric Vehicle - Chevrolet Bolt EV - to the UA... [6112-Views]
Rapid renewal of smartphone portfolio brings next generation Nokia 5 and Nokia 3 to fans ... [5704-Views]
Captivate Your Senses with Marks & Spencer's Exclusive Oud Collection [5490-Views]
Stylish men's watch - BU4018-11H - with rose gold case and black dial is a real beauty [5423-Views]
Splash's ‘Life After Fashion' Campaign Breathes New Life into Old Garments [5398-Views]
Hamdan Bin Mohammed Heritage Center distributes Eidia on first day of Eid [5356-Views]
Crowe Horwath announces global rebrand to “Crowe” Sometimes a smart decision is a simple... [5350-Views]
iVOOMi Smartphones Enter the UAE Market Exclusively on SOUQ.com [5313-Views]
New open-air member of the AMG GT family [5295-Views]
The Summer Just Got Sweeter with the New Palm Candy Collection from Max [5264-Views]
Abu Dhabi Treats Eid Al Fitr Visitors to Shopping Bonanza with 90% Discounts Across 15 Sel... [5209-Views]
All Abroad… Mobile Cinema Bus presented by Pert Plus [5148-Views]
Tissot Chrono XL Tour de France Special Edition Cycling just got big [4892-Views]
Skydance: The Sun – shining amid the immensity of the galaxy [4801-Views]
Hair Rituel by Sisley Now available at Paris Gallery [4752-Views]
Great Moments Manero Flyback accompanies Swiss National Soccer Team To Russia [4673-Views]
The Lacoste Moon Collection [4648-Views]
Boss watches presents Master Collection [4630-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories