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Home » News » Solar » Emirates Development Bank Backs Yellow Door Energy with $27.2 Million for Solar Expansion
Solar

Emirates Development Bank Backs Yellow Door Energy with $27.2 Million for Solar Expansion

By Benjamin DavisNovember 19, 20241 Min Read
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Credit: Emirates Development Bank
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The Emirates Development Bank (EDB) has finalized a AED 100 million ($27.2 million) financing agreement with Yellow Door Energy (YDE) to support the development and operation of more than 60 solar photovoltaic projects across the UAE. The funding will help YDE expand its solar portfolio, providing long-term access to clean energy for large industrial customers

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Asia Emirates Development Bank Funding Middle East Photovoltaic Solar UAE
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