Gazeley, a part of Economic Zones World group headquartered in Dubai, has signed an agreement with Solergy AG to lease building roof space in Spain to the group for photovoltaic (PV) installation.

A global sustainable logistics developer, Gazeley said the 25-year lease agreement with Solergy AG will help produce twice the amount of energy needed for the building and reduce carbon footprint by 724 tonnes every year.

Under the agreement, Gazeley will let out 24,000 sq m of roof space of one of its buildings in Ontigola, Spain for Solergy AG to build the PV installation, said a top official.

'The PV roof installation will produce electricity by converting solar energy, which will be supplied to the city’s main power grid,' explained Oscar Heras, Technical Director Gazeley, Spain.

'The PV Installation will be capable of producing 1.285kWp (Kilowatts-peak or the peak output of the device), which is approximately twice the amount of energy needed for the building, he added.

The PV installation, Heras said, was expected to reduce carbon footprint by 724 tonnes per year. It will also substantially reduce solar radiation resulting in a healthier environment inside the building, he noted.

The building is leased to Ceva Logistics, one of the world’s leading supply chain management companies. This is one of the two buildings Gazeley leased out to Ceva in Ontigola in 2009.

Heras said: 'We at Gazeley take pains to develop sustainable logistics developments and include various standard eco-initiatives into our designs at no extra cost to our customers.'

'Gazeley employs many energy saving measures in the conception, construction and operation of its warehouse buildings which are now setting a benchmark for sustainable development industry-wide. The present initiative aims at delivering an additional value to Ceva, our valued client.'

'We are developing several projects for them and we will continue to ensure that the developments are not only sustainable but also that they facilitate Ceva’s business in a cost-effective and efficient manner,” he remarked.

“The concept has huge potential for our projects in other parts of the world, particularly in the Middle East, where generous sunshine is available throughout the year,” Heras added.-TradeArabia News Service