Welcome to new member Yellow Door Energy.
What sets YDE apart from other solar power operators in the GCC (now EMEA since your entry to SA)?
Thank you very much. First of all, we are excited to join the British Chamber of Business in Southern Africa. We believe this membership will create many opportunities for us to support businesses in the country with our solar power purchase agreements.
Our company was founded in the UAE in 2015 and since then we have grown exponentially to become the leading distributed solar developer in the region. Our customers include Unilever, Nestlé, Mondelez, Carrefour and many more.
Notably, we recently completed a USD 400 million equity raise with global investors Actis, International Finance Corporation (IFC), Mitsui & Co., Ltd. (“Mitsui”) and APICORP. We are now fully funded and our international teams are focused on creating a portfolio of over USD 1 billion assets for solar and other sustainable energy solutions.
The benefits of working with Yellow Door Energy are that we bring international solar wheeling expertise, a well-financed portfolio and are looking to actively invest in renewable energy projects. On top of that, we are a values-driven company, fully supportive of the BEE policy and companies’ ESG and sustainability goals.
Is your expansion to SA creating job opportunities for locals?
Definitely. We officially established an office in South Africa last year, and currently have a number of South African colleagues at our Sandton location. We are rapidly expanding our team in functions such as engineering, construction, business development, legal, finance and more.
I’d encourage interested candidates to visit our Careers website to learn more about our job opportunities: www.yellowdoorenergy.com
As an internationally renowned company, we are cognizant of the impact we can have on local communities. We fully support the BEE policy and look forward to contributing towards a just energy transition. We are dedicated to providing renewable energy solutions to address the energy crisis and keep businesses running, whilst creating employment, on the job training and education for South African people.
Do you have any projections / estimates of how much energy capacity YDE can deliver in SA in the short to medium term?
The energy crisis in South Africa requires immediate action, thus our company has very ambitious expansion plans in the immediate term.
At the moment, we have over 200 megawatts of solar assets, of which 100 megawatts are already operating in the Middle East and South Asia. In South Africa, we’re looking to quickly surpass this number, helping businesses secure a more reliable, affordable and sustainable source of electricity.
Do you have any confirmed SA projects you can share with us?
Absolutely! We have several projects which will be announced in the near future.
Who do our members contact if they want to discuss their energy needs / projects?
We’d be delighted to discuss reliable energy solutions with your members. Please reach out to us at +27 82 554 0289, email us at email@example.com or drop by our office in Sandton to learn more.
Our team will also be in Cape Town from March 7 – 9 for Africa Energy Indaba. Our country director Mohamed Madhi will give an address in the morning of March 9th at the IPP & PPA conference so make sure to catch us if you will also be in town!