Skip to content Skip to Search
Skip navigation

Coca-Cola’s UAE bottling facility to be powered by clean energy

REUTERS/Christian Hartmann
Logos are seen on Coca-Cola bottles in Zurich

Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in the UAE, to develop a 1.8-megawatt (MWp) solar photovoltaic (PV) plant for its Al Ain facility.

The commercial and industrial (C&I) project will combine ground-mounted, rooftop, and car park installations, Emerge said in a statement.

The company will provide a full turnkey solution for the 1.8MWp project, including the design, procurement, and construction, as well as the operation and maintenance of the plant for 25 years.

Michel Abi Saab, General Manager, Emerge, said: “We are confident the 1.8 MWp solar PV plant we will build, operate and maintain for Coca-Cola Al Ahlia Beverages – like the facilities we are building for our other partners Miral, Khazna Data Centers, and Al Dahra Food Industries – will provide stable and clean energy for its Al Ain facility for decades to come.”

Mohamed Akeel, CEO, Coca-Cola Al Ahlia Beverages, said: “Our agreement with Emerge will allow us to reach yet another sustainability milestone – a big aspect of which is the integration of more renewable energy into our operations.”

The C&I solar segment has been witnessing unprecedented growth since 2021, boosted internationally by the high cost of fuel and electricity. 

IHS Markit has predicted that 125 gigawatts (GW) of C&I rooftop solar will be installed globally by 2026. 

Rooftop solar PV could provide approximately 6 percent of the United Arab Emirate’s total power generation by 2030, the statement said, citing International Renewable Energy Agency’s REmap 2030 report. 

Latest articles

STC wants to consolidate the mobile tower market

STC approves PIF purchase of telecom company

Shareholders of Saudi telecom giant STC have approved plans to create a new telecommunications infrastructure company in which the Public Investment Fund will have a 51 percent stake valued at SAR8.7 billion ($2.3 billion).  Under the deal, the STC-owned Telecommunication Towers Co. Limited (Tawal) will become a PIF subsidiary through a merger with Golden Lattice […]

UAE markets Hong Kong

UAE capital markets partner with Hong Kong exchange

The Hong Kong Stock Exchange (HKSE) has added the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) to its roster of recognised marketplaces. The move opens the door for UAE-based companies to pursue secondary listings on one of Asia’s premier financial markets. It also follows the inclusion of the Saudi Exchange (Tadawul) […]

Person, Worker, Adult

Aramco and PIF invest in Saudi-Chinese steel venture

Saudi Aramco and the Public Investment Fund have doubled their investment in a steel plate joint venture with a Chinese company to $500 million. The two Saudi companies each own 25 percent shares in the new venture in Ras Al Khair industrial city, Bloomberg reported, quoting a statement published on the Chinese stock exchange. Chinese […]

Car, Transportation, Vehicle

Dubai Taxi to pay $43m dividend despite profit drop

Dubai Taxi Company, a subsidiary of the emirate’s transport regulator, has approved a dividend payout of AED159 million ($43 million) for the first half of 2024 despite a marginal 1 percent increase in net profit. Net earnings reached AED187.4 million in the first six months of the year, compared to AED186.3 million at the same […]