المملكة: The Lulu Group announces the success of the first solar energy project successfully in the Kingdom of Saudi Arabia and enhances its sustainability through its partnership with Kano-Cleanx

The Lulu Retail Group, one of the most prominent multinational groups in the Gulf region, is pleased to announce the completion of the first solar energy project in the Kingdom of Saudi Arabia successfully, in its central warehouse in Riyadh. This project constitutes a milestone in the group’s continuous commitment to sustainability, and contributes to achieving the goals of the Kingdom’s 2030 vision, in addition to supporting the clean energy movement in the region. The solar power plant, with a capacity of 502.7 kW peak, was developed in cooperation with the strategic partnership between Kano and Clinmex. This station is expected to generate 468 megawatts of clean energy annually, which will contribute to reducing the fingerprint of the Lulu Carbon group by about 382 metric tons annually, which is equivalent to cultivating about 9,000 trees over ten years. This project is a pioneering model for sustainability in the hypermarket, and reflects Lulu’s commitment to preserving the environment and providing renewable energy solutions. He said Mr. Shahim Mohamed, the regional director of the Saudi Lulu Company in the Kingdom of Saudi Arabia: “We are very proud to complete this important project in Riyadh, which is our first in the Kingdom. In Lulu, sustainability is a fundamental part of our basic values, and we are happy with the step that we made towards reducing our dependence on non -renewable energy sources. This solar station not only supports the shift towards clean energy in the Kingdom, but also contributes to reducing carbon emissions, which is perfectly in line with the goals of the Kingdom’s vision 2030. The project is a vivid example of companies in achieving a more sustainable future. For his part, Dr. Faisal Kanoo, director of Youssef bin Ahmed Kano, said: “We are very happy in cooperation with the Lulu Group, which continues to determine the standards in the Middle East. For companies. ”A pioneering step towards clean energy in the Kingdom is considered the Lulu Solar Station among the first stations that were linked to the Saudi Electricity Company, which reflects the increasing trend towards sustainability in global supply chains and the role of companies in paying the green energy agenda. Reducing our operational costs. This initiative represents an important step for us, but it is only a beginning. We are committed to expanding the scope of the use of renewable energy solutions in all our operations, and we will continue to lead this shift through the example we offer. Manoj Tolmati, CEO of Kano Industries and Energy Company: “We are proud to celebrate this achievement with the Lulu Group after completing the first solar energy facility in the Kingdom. This project is the beginning of a more sustainable green future, and we are proud that we are part of Lulu’s trip towards achieving energy efficiency.” A strategic partnership with the Kano-Clemenx Project, the Lulu International Group, with the Kano-Cleanum joint project, is a leading coalition in the field of renewable energy, to launch this project, to launch this project, to launch this project. Ambition. The coalition combines the technical expertise of the Youssef bin Ahmed Kano Group, which extends for more than 130 years, and Klinmex for Environmental Energy Solutions Ltd., one of the leading companies in the field of clean energy in Asia, which has more than 2.1 GW of the operating solar energy capacity. This partnership reflects Lulu’s advanced vision towards sustainability, and the benefit of Kano-Klinx experiences in providing solutions Clean energy for commercial and industrial sectors. A bright future for clean energy in the region and Mr. Coldep Jin, General Manager of Klinmex: “The major companies such as Lulu constitute the backbone of the global economy, and we are proud to support them in achieving its consental goals. This project represents a leading step in the field of renewable energy in the Kingdom of Saudi Arabia, and confirms our commitment to providing innovative clean energy solutions in the region. They are enthusiastic about future opportunities to expand these solutions to include more companies in the region. “Supporting the Kingdom’s 2030 vision The Kingdom of Saudi Arabia seeks to generate 50% of its capacity from renewable energy sources by 2030, with the goal of reaching a production capacity of 130 GW of renewable energy. The Lulu Solar Energy Project is an important contribution to achieving this vision, and confirms the pioneering role of the group in promoting sustainability in the retail sector. By reducing its environmental imprint and its dependence on renewable energy, the Lulu Group continues to match the Kingdom’s 2030 vision and enhance environmental, social and economic sustainability in the long term. The group continues its leadership in the field of sustainability through the implementation of the initiatives of the circular economy and its investment in renewable energy projects in Bahrain and the United Kingdom. In 2023, Lulu collected 4.9 million plastic bottles and aluminum recycling boxes, as well as converting food waste into biological fuel and animal feed. Lulu also pays special attention to purchasing organic products, relying on local sources, and using a bickering packaging to reduce the environmental effect. The Sustainability Department of the Group, whose reports directly shall be submitted to the Board of Directors, guarantees the compatibility of sustainability efforts with environmental, social and institutional governance policies (ESG). On the Lulu International Group, the Lulu International Group was established in 1974, a multinational group with a strong presence in the retail sector. It occupies more than 240 hypermarkets and supermarkets across the Gulf region, and Lulu is one of the largest and most important retail companies in the region. The group’s commitment to sustainability, innovation and customer satisfaction continues to push its growth, ensuring its continuation in the leadership of the retail industry. For more information, please visit: www.luluretail.comOn the Kano-Clinkax Project, the Joint Kano-Cleanx Common Project is a cooperation between the Youssef bin Ahmed Kano Group, which has a history of more than 130 years in the Middle East, and Clinmex for limited environmental energy solutions, and is a pioneer of renewable energy in Asia. Klinmax has a powerful portfolio of more than 2.1 GW of solar energy facilities across the commercial and industrial sectors. For more information about Kano-Clinx, you can visit: https://kanoocleanmax.com.