As part of Lulu’s ESG & Sustainability programs, a solar project is being installed at LuLu Warehouse in Riyadh, Saudi Arabia, in accordance with a contract with Kanoo Renewable Energy and CleanMax. As a result of the project, the first year is expected to generate 0.87 Mn kWh of electricity.
With such a large solar project, LuLu has taken an important step towards sustainability and demonstrates their commitment to ESG and eco-friendliness. The solar installation will reduce LuLu Warehouse’s carbon footprint and result in significant energy cost savings, which will contribute to a more sustainable future. Further, if LuLu’s production exceeds its needs, LuLu plans to contribute the same to the Kingdom’s wellbeing, demonstrating their commitment to supporting sustainable development.
“As part of this important step towards a more sustainable future, we are thrilled to be partnering with Kanoo and CleanMax on this exciting solar project.” “The solar installation will not only reduce LuLu Warehouse’s carbon footprint, but also result in significant energy cost savings,” said Mr. Shehim Mohammed, Director, LuLu Saudi Hypermarket.
Lulu Warehouse expects to complete the solar project by the end of the year and will be able to reduce its carbon footprint and save on energy costs.