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Emerge, a joint venture between Masdar and EDF Group, has signed an agreement to install a 3MWp rooftop solar PV plant for AJ Steel Pipes, a leading UAE steel pipe manufacturer and exporter. The decarbonization of “hard-to-abate” industries is a priority identified at COP28 for achieving a carbon-neutral future. Steel companies like AJ Steel Pipes are seeking efficient and carbon-free solutions that combine innovation and technology to enhance sustainability. Located on the roof of AJ Steel Pipes’ facilities in Mussafah, Abu Dhabi, the solar plant will offset over 2,500 tonnes of CO2 emissions annually and generate more than 5,000MWh of electricity each year. The project, comprising over 5,000 solar PV modules, will be delivered by Emerge as a turnkey solution, including finance, design, procurement, construction, operations, and maintenance for 25 years. Michel Abi Saab, Emerge General Manager, stated, “The development of this project will enable AJ Steel Pipes to lower energy costs and reduce its carbon footprint, while supporting the UAE’s goals to diversify its energy mix. Since Emerge was formed a few years ago, we have rapidly expanded our portfolio, demonstrating the value we provide as an energy services company to our clients. We are extremely proud to welcome AJ Steel Pipes as a client and look forward to working with its team to support the company’s decarbonization goals.”M Ismail, AJ Steel Pipes Executive Director, added, “It is heartening to see this affirmative action towards achieving the goal of green steel. The lease business model aligns with our philosophy of not investing in non-core assets and using third-party experts to achieve the best efficiency and state-of-the-art technology. Our participation in COP28 and the leadership role of the COP28 President and UAE’s Special Envoy for Climate Change, H.E. Dr. Sultan Ahmed Al Jaber, have contributed to this achievement. We are very proud of our association with Emerge.” |
