Latest news with #GulfWarehousingCompany
Arabian Post
02-05-2025
- Business
- Arabian Post
GWC launches major solar project to drive green logistics
Gulf Warehousing Company has launched one of the largest private solar energy initiatives in the GCC, marking a significant step towards sustainability within the logistics sector. The move, made in collaboration with Yellow Door Energy, aims to position GWC as a key player in the region's push for greener, more efficient logistics operations. The ambitious project will see the installation of solar power plants at three of GWC's strategic logistics hubs in Qatar, including Logistics Village Qatar, Bu Sulba Warehousing Park, and Al Wukair Logistics Park. These sites will benefit from cutting-edge solar technology designed to provide a renewable and cost-effective energy supply. Through this initiative, GWC intends to reduce its carbon footprint significantly while enhancing its operational efficiency. By harnessing the power of solar energy, the company aims to meet increasing energy demands while contributing to Qatar's broader sustainability goals. Yellow Door Energy, a leading sustainable energy provider across the Middle East and Africa, is the key partner in the project. The firm, known for delivering innovative solar solutions to businesses, will oversee the installation and operation of the solar plants. 'This partnership represents a bold step forward in both GWC's and Qatar's sustainability journey. The collaboration with Yellow Door Energy allows us to integrate renewable energy into our operations, promoting eco-friendly practices throughout the region,' said a spokesperson from GWC. The development of these solar plants aligns with the wider regional emphasis on sustainability and clean energy. As part of Qatar's Vision 2030, the country has set ambitious targets to reduce carbon emissions and increase reliance on renewable energy sources. This initiative by GWC further supports Qatar's push for a greener economy. For GWC, the shift towards renewable energy is a logical progression in its long-term strategy. The company, which operates one of the region's most expansive logistics networks, sees the integration of solar power as a crucial element in building a more resilient and sustainable infrastructure. See also Dubai to Convene Global Leaders for Green Economy Talks The three logistics parks that will host the solar plants are strategically located to serve key sectors such as manufacturing, retail, and e-commerce, all of which are seeing rapid growth in the region. The addition of solar energy to these hubs will not only reduce energy costs but also improve GWC's ability to meet the growing demand for green logistics solutions. Solar power, with its promise of long-term reliability and scalability, is particularly suited to GWC's operations, which require substantial energy resources to manage its extensive fleet and warehouse facilities. By transitioning to renewable energy, the company can ensure greater energy security and contribute to its overall goal of achieving a more sustainable future. The announcement also highlights the increasing importance of sustainability within the logistics and warehousing industries, which are traditionally energy-intensive sectors. As global environmental concerns rise, businesses across the supply chain are being pushed to rethink their energy consumption patterns and invest in renewable alternatives. Industry experts note that renewable energy is quickly becoming a competitive advantage, particularly as businesses seek to meet the expectations of eco-conscious consumers and regulatory requirements. As more companies follow GWC's lead, the logistics sector's transition to sustainable energy solutions is expected to accelerate, setting a benchmark for others to follow. The impact of this project is expected to ripple across the GCC, where the logistics sector plays a critical role in the regional economy. By adopting solar energy, GWC is not only reducing operational costs but also contributing to the growing shift towards renewable energy within the GCC's energy mix. GWC's solar energy initiative is part of the company's broader commitment to corporate social responsibility and environmental stewardship. The logistics giant has long been at the forefront of incorporating innovative technologies and sustainable practices into its operations, and this project builds upon its existing efforts to reduce its environmental impact. See also Carbon Clean's CycloneCC Completes Landmark Industrial Deployment With the backing of Yellow Door Energy, the project will see the deployment of high-efficiency solar panels and energy storage solutions, which will help ensure a continuous and reliable power supply to GWC's logistics facilities. These solar plants are expected to generate significant energy savings over the coming years, further solidifying GWC's position as a leader in sustainable logistics. The launch of this solar initiative comes at a time when the Middle East is experiencing rapid growth in renewable energy projects. Many countries in the region, particularly the UAE, Saudi Arabia, and Qatar, have been making significant strides in diversifying their energy sources away from fossil fuels. Solar energy, with its abundant availability in the region, has been identified as a key solution to meeting both current and future energy needs. Qatar, with its abundant sunlight and strong governmental support for green energy, is poised to become a regional leader in renewable energy development. The GWC initiative is one of many such projects that are set to drive forward the country's commitment to a greener and more sustainable future. As the logistics and warehousing industries continue to evolve, the integration of renewable energy will play an increasingly vital role in shaping their future. By leveraging solar energy, companies like GWC are not only reducing their carbon footprint but also future-proofing their operations in an ever-changing global landscape. ____________________________________
Zawya
30-04-2025
- Business
- Zawya
GWC and Yellow Door Energy announce partnership for one of the largest solar power projects in GCC region
Doha / Qatar: Gulf Warehousing Company (GWC) Q.P.S.C has announced the launch of one of the GCC's largest private solar energy projects - supercharging its sustainability efforts and cementing its role as a trailblazer in green logistics. This landmark initiative will see GWC work with Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and Africa, to develop solar power plants across three strategic logistics hubs in the region: Logistics Village Qatar, Bu Sulba Warehousing Park and Al Wukair Logistics Park. Matthew Kearns, Acting Group CEO of GWC, said: 'This announcement marks a major milestone in integrating sustainable practices across all our operations. Warehouses are key to this, and we are excited to partner with Yellow Door Energy to introduce this innovative solution that will deliver real impact at these three sites.' 'The Gulf enjoys an abundance of sunlight and this project will harness this renewable resource to power our operations, not only reducing our carbon footprint but also contributing to a more sustainable future for the region.' GWC offers a diverse and growing service portfolio, including contract logistics, freight forwarding, transportation, records management, and supply chain consulting. As a member of the UN Global Compact, it has committed to adopting sustainable and socially responsible policies across all its activities, with the aim of reducing carbon emissions by 3% for Scope 1 (direct emissions from fleet) and 6% for Scope 2 (indirect emissions from purchased energy), as well as 20% reduction in waste by 2030. GWC's latest sustainability initiative closely aligns with Qatar National Vision 2030, which targets 4 GW of new large-scale renewable energy capacity by 2030, with solar playing a key role. Jeremy Crane, Group CEO of Yellow Door Energy, said: 'We are honored to embark on this partnership with GWC to accelerate its sustainability stewardship, reduce its energy costs and contribute to Qatar's Net Zero by 2050 target. As the largest and most trusted distributed solar developer in the region, Yellow Door Energy is well positioned to help large energy consumers, such as logistics industrial parks, decarbonize their operations and enhance their business resilience. With over 400 MWp of awarded solar assets across 150 sites, our team of dedicated energy professionals is ready to deploy capital, spearhead design and construction whilst adhering to the strictest QHSSE standards, and operate and maintain the solar power systems to maximize their performance during the tenure of the terms.' GWC has been widely recognized for its commitment to environmental stewardship, with Al Wukair Logistics Park, a site in this project, winning the 'Logistics Project of the Year' at the 2025 Logistics Middle East Awards, including for its green initiatives. GWC also earned a place among Forbes Middle East's Sustainability Leaders for 2024. Other trailblazing green projects include the Biobin recycling program, which processed food waste from GWC sites into 40 tons of premium compost that was donated to community garden projects last year. The company also recycles up to 120,000 cubic meters of sewage water annually at the Bu Sulba Warehousing Park, using it to irrigate trees and shrubs. The initiative won the Best Water Recycling Initiative Award during Tarsheed Energy Efficiency Forum 2024. GWC is undergoing a period of growth, driven by regional expansions and strategic partnerships in key markets across the GCC. These efforts are aimed at increasing GWC's presence and capabilities across the region to meet the growing demand for innovative logistics solutions. About GWC Group Gulf Warehousing Company Q.P.S.C (GWC) is Qatar's number one logistics and supply chain solutions provider and a trusted industry leader across the GCC. Since its establishment in 2004, GWC has built a reputation for operational excellence, innovation, sustainability, and reliability. With a comprehensive regional network and advanced infrastructure, the company delivers seamless, technology-driven solutions covering warehousing, distribution, freight forwarding, transportation, and specialized logistics. GWC empowers businesses of all sizes, from entrepreneurs and SMEs to global multinationals, enabling seamless operations and sustainable growth. Notably, GWC was the first Regional Supporter and the Official Logistics Provider for the FIFA World Cup Qatar 2022™, showcasing its world-class capabilities on the global stage. Our Social Media handle is @gwclogistics Get in touch: For media related inquiries, please contact us by email at media@ About Yellow Door Energy Yellow Door Energy is the leading sustainable energy partner for businesses, serving commercial and industrial customers in the Middle East and Africa. The company's solar and battery energy storage system (BESS) solutions enable businesses to reduce energy costs, improve power reliability and lower carbon emissions. These solutions directly contribute to companies' and countries' Net Zero targets. Yellow Door Energy's shareholders are Actis, the International Finance Corporation (IFC), Mitsui & Co., Ltd., and The Arab Energy Fund. Contact Information Marketing Department Email: gosolar@
Zawya
30-04-2025
- Business
- Zawya
GWC plans major solar energy projects in Qatar
Gulf Warehousing Company (GWC) has announced the launch of one of the GCC's largest private solar energy projects - supercharging its sustainability efforts and cementing its role as a trailblazer in green logistics. This landmark initiative will see GWC work with Yellow Door Energy, a leading sustainable energy partner for businesses in the Middle East and Africa, to develop solar power plants across three strategic logistics hubs in the region: Logistics Village Qatar, Bu Sulba Warehousing Park and Al Wukair Logistics Park. Matthew Kearns, Acting Group CEO of GWC, said: 'This announcement marks a major milestone in integrating sustainable practices across all our operations. Warehouses are key to this, and we are excited to partner with Yellow Door Energy to introduce this innovative solution that will deliver real impact at these three sites. 'The Gulf enjoys an abundance of sunlight and this project will harness this renewable resource to power our operations, not only reducing our carbon footprint but also contributing to a more sustainable future for the region.' GWC offers a diverse and growing service portfolio, including contract logistics, freight forwarding, transportation, records management, and supply chain consulting. As a member of the UN Global Compact, it has committed to adopting sustainable and socially responsible policies across all its activities, with the aim of reducing carbon emissions by 3% for Scope 1 (direct emissions from fleet) and 6% for Scope 2 (indirect emissions from purchased energy), as well as 20% reduction in waste by 2030. GWC's latest sustainability initiative closely aligns with Qatar National Vision 2030, which targets 4 GW of new large-scale renewable energy capacity by 2030, with solar playing a key role. Jeremy Crane, Group CEO of Yellow Door Energy, said: 'We are honoured to embark on this partnership with GWC to accelerate its sustainability stewardship, reduce its energy costs and contribute to Qatar's Net Zero by 2050 target. As the largest and most trusted distributed solar developer in the region, Yellow Door Energy is well positioned to help large energy consumers, such as logistics industrial parks, decarbonise their operations and enhance their business resilience. With over 400 MWp of awarded solar assets across 150 sites, our team of dedicated energy professionals is ready to deploy capital, spearhead design and construction whilst adhering to the strictest QHSSE standards, and operate and maintain the solar power systems to maximize their performance during the tenure of the terms.' GWC has been widely recognised for its commitment to environmental stewardship, with Al Wukair Logistics Park, a site in this project, winning the 'Logistics Project of the Year' at the 2025 Logistics Middle East Awards, including for its green initiatives. GWC also earned a place among Forbes Middle East's Sustainability Leaders for 2024. Other trailblazing green projects include the Biobin recycling program, which processed food waste from GWC sites into 40 tons of premium compost that was donated to community garden projects last year. The company also recycles up to 120,000 cu m of sewage water annually at the Bu Sulba Warehousing Park, using it to irrigate trees and shrubs. The initiative won the Best Water Recycling Initiative Award during Tarsheed Energy Efficiency Forum 2024. - TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
29-04-2025
- Business
- Trade Arabia
GWC plans major solar energy projects in Qatar
Gulf Warehousing Company (GWC) has announced the launch of one of the GCC's largest private solar energy projects - supercharging its sustainability efforts and cementing its role as a trailblazer in green logistics. This landmark initiative will see GWC work with Yellow Door Energy, a leading sustainable energy partner for businesses in the Middle East and Africa, to develop solar power plants across three strategic logistics hubs in the region: Logistics Village Qatar, Bu Sulba Warehousing Park and Al Wukair Logistics Park. Matthew Kearns, Acting Group CEO of GWC, said: 'This announcement marks a major milestone in integrating sustainable practices across all our operations. Warehouses are key to this, and we are excited to partner with Yellow Door Energy to introduce this innovative solution that will deliver real impact at these three sites. 'The Gulf enjoys an abundance of sunlight and this project will harness this renewable resource to power our operations, not only reducing our carbon footprint but also contributing to a more sustainable future for the region.' GWC offers a diverse and growing service portfolio, including contract logistics, freight forwarding, transportation, records management, and supply chain consulting. As a member of the UN Global Compact, it has committed to adopting sustainable and socially responsible policies across all its activities, with the aim of reducing carbon emissions by 3% for Scope 1 (direct emissions from fleet) and 6% for Scope 2 (indirect emissions from purchased energy), as well as 20% reduction in waste by 2030. GWC's latest sustainability initiative closely aligns with Qatar National Vision 2030, which targets 4 GW of new large-scale renewable energy capacity by 2030, with solar playing a key role. Jeremy Crane, Group CEO of Yellow Door Energy, said: 'We are honoured to embark on this partnership with GWC to accelerate its sustainability stewardship, reduce its energy costs and contribute to Qatar's Net Zero by 2050 target. As the largest and most trusted distributed solar developer in the region, Yellow Door Energy is well positioned to help large energy consumers, such as logistics industrial parks, decarbonise their operations and enhance their business resilience. With over 400 MWp of awarded solar assets across 150 sites, our team of dedicated energy professionals is ready to deploy capital, spearhead design and construction whilst adhering to the strictest QHSSE standards, and operate and maintain the solar power systems to maximize their performance during the tenure of the terms.' GWC has been widely recognised for its commitment to environmental stewardship, with Al Wukair Logistics Park, a site in this project, winning the 'Logistics Project of the Year' at the 2025 Logistics Middle East Awards, including for its green initiatives. GWC also earned a place among Forbes Middle East's Sustainability Leaders for 2024. Other trailblazing green projects include the Biobin recycling program, which processed food waste from GWC sites into 40 tons of premium compost that was donated to community garden projects last year.
Zawya
23-04-2025
- Business
- Zawya
Qatar: GWC posts $10.35mln net profit in Q1
Doha, Qatar: Gulf Warehousing Company (GWC) – one of the leading logistics providers in the MENA region, announced its financial results for the first quarter (the three-month period ending March 31, 2025). The company reported total revenues of QR367.65m, a net profit of QR37.69m, and earnings per share of QR0.064. Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al Thani, GWC Chairman, said: 'We succeeded in achieving a growth in our net profits by 54% on a quarterly basis of QR37.69m in the first quarter of this year as compared to QR24.87m during the last quarter of 2024. At the same time, the company remains focused on achieving its strategic goals, which include sustaining profitability, expanding into promising sectors and markets, while contributing to the implementation of the Third National Development Strategy and Qatar National Vision 2030, and strengthening its position as one of the leading logistics providers in the MENA region.' He added: 'We are continuing our efforts to solidify the company's financial position, enhance operational efficiency, and develop the infrastructure and human capital, while implementing a well-planned expansion strategy and adopting a prudent approach to mitigate potential risks. This calls for greater flexibility and adaptability to changing economic conditions in order to ensure long-term stability, achieve sustainable returns, and maximize shareholder value.' Sheikh Abdulla bin Fahad bin Jassim bin Jaber Al Thani, GWC Managing Director, said: 'GWC is actively implementing a comprehensive expansion strategy aimed at enhancing returns and diversifying its investments by solidifying its presence in promising markets that offer opportunities for sustainable growth. This will further strengthen our leadership in the regional logistics sector while expanding our local logistics network to provide best in class services to our clients.' By the end of February 2025, GWC launched a cutting-edge logistics hub in Ras Laffan Industrial City, dedicated to servicing Qatar's vital oil and gas industry, particularly with the implementation of the North Field Expansion Project — the world's largest LNG project currently under construction. In March, GWC signed a strategic partnership agreement with Huawei to provide delivery services for its e-commerce store across Qatar, ensuring an exceptional customer experience following the official launch of Huawei's e-commerce store in Qatar on March 20, 2025. Matthew Kearns, GWC's Acting Group CEO, said: 'Innovation is our top priority as we aim to deliver leading logistics solutions that meet all customer needs and keep pace with future developments. In addition to our commitment to the highest standards of sustainability and governance, we are dedicated to supporting small and medium-sized enterprises, delivering world-class logistics services, expanding our customer base, and forging strategic partnerships with promising companies that add value to our business. These will not only offer profitability opportunities, and enhance operational excellence, but also increase efficiency and reinforce our brand presence locally, regionally, and globally.' In early April, GWC received its first Long- and Short-Term ratings on the Qatar National Scale of 'qaA-' and 'qaA2', respectively, from Capital Intelligence, with a stable outlook. The international agency confirmed that GWC is the largest logistics services provider in Qatar, with a dominant market share in its home market, a strong financial position, and a focus on improving margins by offering higher value-added supply chain services, supported by its solid capital base. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
