Founded2015
HeadquartersDubai, UAE
FoundersJeremy Crane
IndustryRenewable Energy

About

Yellow Door Energy is a Dubai-based commercial and industrial solar company founded in 2015. It builds and finances solar systems for businesses so they do not pay the equipment cost up front. In July 2022 Actis announced that it had agreed to acquire a controlling stake; the price was not disclosed.

Key figures

106 MWSolar capacity in operationJuly 2022
104 MWCapacity awarded or under constructionJuly 2022
10% to 50%Customer power-cost savingsCompany claim

Figures are as published by the sources listed on this page. Where a figure comes from the company itself we have not audited it.

Objectives and priorities

  • Reported aim to grow about five-fold to reach $1 billion by 2027 (AGBI report; check current plans).

Scope of operations

  • Builds, finances, owns and operates solar plants at business sites (typically 10-15 year contracts, then ownership transfers)
  • Customers include factories, offices, malls and warehouses
  • Markets reported: UAE, Jordan, Saudi Arabia, Bahrain, Oman and South Africa

Founders and key people

  • Jeremy Crane founder

Timeline

  1. 2015Founded in Dubai
  2. 2019$65 million Series A reported
  3. 2022Actis agrees to acquire a controlling stake (July)
  4. 202414 new plants commissioned across the UAE, Bahrain and Oman (trade report)

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