X-NOOR, the joint venture between X-ELIO, a Brookfield company and global leader in the renewable energy sector, and DUTCO, a reputable infrastructure, energy, and construction conglomerate with extensive regional experience, has announced a Solar PV Lease Agreement with John Crane Middle East FZE. John Crane is part of Smiths Group PLC, a global industrial technology company listed on the FTSE 100 Index.
The 10-year lease agreement between X-NOOR and John Crane Middle East FZE will secure an annual generation of 785 MWh, marking a significant step toward John Crane’s net-zero targets. The Solar PV panels will be located on the rooftop and car park of the company’s regional headquarters in Dubai.
Jesús Gutierrez, General Manager of X-NOOR, stated, “We are delighted to have successfully closed our agreement with such a relevant company as John Crane. This project represents X-NOOR’s commitment to investing and supporting the development of renewable sources that can help our global and regional customers in their journey to net zero while providing clean and affordable energy. By implementing solar power in the heart of the UAE, we are contributing to sustainable growth and reducing carbon emissions.”
Amjad Alqaqa’a, John Crane Vice President, Sales MEA, stated, “We are pleased to announce our strategic partnership with X-NOOR, a trailblazer in renewable energy. Their commitment to supplying John Crane Middle East FZL with clean, sustainable power for the next 10 years aligns seamlessly with our vision for a greener future and John Crane’s overall journey to net zero.”
