What X-NOOR does

X-NOOR L.L.C. is a Dubai-based solar developer and energy solutions provider operating as a joint venture between X-ELIO (a 100% Brookfield-owned global renewable energy company with a 2.8 GW+ portfolio across 18+ countries) and DUTCO Group (a UAE diversified conglomerate established in 1947 with 17,000+ employees across the GCC). The company designs, finances, installs, and operates distributed solar photovoltaic systems (rooftop, ground-mounted, and carport configurations), battery energy storage solutions (BESS), and energy efficiency retrofits for commercial, industrial, and government clients across the GCC, with offices in Dubai, Abu Dhabi, and Riyadh.

Its core technology stack comprises turnkey solar PV systems, dispatchable battery storage with 1–8+ hour duration capability, and energy efficiency retrofits covering HVAC, building envelope, LED, motors, heat recovery, and controls. These are monitored and optimised through a Central Solar PV Monitoring platform that delivers real-time data on efficiency, power generation, and decarbonisation KPIs, with analytics for predictive operations and maintenance, LCOE optimisation, client dashboards, and automated alarms and alerts.

The business model is asset-financed and recurring. X-NOOR invests in the solar systems and retains asset ownership under Power Purchase Agreements (PPAs), Solar Lease Agreements (SLAs), or Shared-Savings Energy Performance Contracts (ESPCs) with contract terms of 10–25 years and guaranteed annual generation commitments. Clients pay a fixed tariff for electricity (or X-NOOR is paid from verified savings) with zero capex and zero opex, while X-NOOR bundles end-to-end project delivery — feasibility, design, permitting, procurement, installation, grid connection, operations, and maintenance — into the contract structure. Customer segments are split across industrial/manufacturing, transport and logistics, hospitality and retail, government and public sector, and commercial and corporate buildings, with named enterprise clients including JA Resorts, John Crane Middle East, Modern Freight Company, MASDAR, Emaar, Khazna, Brunton Wire, and Lamborghini.

Name

X-NOOR

Legal name

X-NOOR L.L.C.

Website

https://x-noor.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

X-NOOR is a Dubai-based solar PV, battery storage, and energy efficiency developer serving GCC commercial, industrial, and government clients through zero-capex PPAs, SLAs, and shared-savings ESPCs, backed by X-ELIO (Brookfield) and DUTCO.

Ownership category

akta.pro rank

Product category

Commercial & Industrial Solar Energy Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC)

Keywords

• Commercial solar PV
• Battery energy storage
• Energy efficiency retrofits
• Power purchase agreements
• Rooftop solar installation

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Power Purchase Agreement (PPA) / Solar Lease Agreement (SLA): X-NOOR installs and maintains solar PV systems at client sites at zero capex and zero opex for the client. Clients pay a fixed or competitive tariff for the electricity generated over contract terms of 10 to 25 years. X-NOOR retains ownership of the asset and generates recurring revenue from electricity sales. Revenue is subscription/recurring in nature, derived from long-term fixed-rate contracts with guaranteed annual generation commitments.
2. Shared-Savings Energy Performance Contract (ESPC): X-NOOR invests in energy efficiency retrofits (HVAC, lighting, building envelope upgrades, heat recovery) at client facilities, guaranteeing a minimum level of savings. Revenue is earned from the guaranteed savings over the contract period. Covers all operations and maintenance costs, creating a recurring managed-services revenue stream.
3. Turnkey Professional Services (bundled within PPA/SLA): X-NOOR provides end-to-end project delivery including feasibility studies, design, permitting, procurement, installation, testing, grid connection, and ongoing operations and maintenance. These professional services are bundled into the PPA/SLA pricing structure rather than billed separately.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

X-NOOR designs, finances, builds, operates, and maintains solar PV systems, battery energy storage, and energy efficiency retrofits for commercial, industrial, and government clients across the GCC. Projects are delivered under long-term Power Purchase Agreements (PPAs), Solar Lease Agreements (SLAs), and Shared-Savings Energy Performance Contracts (ESPCs) with zero capex and zero opex for the client. The company combines rooftop, ground-mounted, and carport solar with battery storage and efficiency upgrades into integrated net-zero solutions.

Product overview

X-NOOR is a solar developer offering an integrated suite of renewable energy solutions comprising Solar PV Solutions (rooftop, ground-mounted, and carport solar), Dispatchable Renewables & Storage (battery storage and hybrid systems), and Energy Efficiency services. These core offerings are delivered through financing models including Power Purchase Agreements (PPA), Solar Lease Agreements (SLA), and Shared-Savings Energy Performance Contracts (ESPC), all featuring zero capex/opex for clients. The portfolio is supported by Central Solar PV Monitoring providing real-time data analytics and predictive maintenance capabilities. X-NOOR operates as a joint venture between X-ELIO and DUTCO, targeting commercial, industrial, and government clients across the GCC region.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar PV Solutions Comprehensive solar photovoltaic solutions including rooftop solar PV, ground-mounted solar PV trackers, and solar carports, designed and installed for commercial, industrial, and government clients. Offered through Power Purchase Agreements (PPAs) or Solar Lease Agreements (SLAs) with zero capex and zero opex for clients.
• Dispatchable Renewables & Storage Battery energy storage solutions and hybrid energy systems enabling greater grid penetration of renewable energy. Includes design, development, construction, maintenance, and operation of energy storage projects with storage durations from under 1 hour up to 4-8+ hours, supporting frequency services, system inertia, and renewable generation matching.
• Energy Efficiency Services Energy efficiency solutions including energy auditing and optimization, waste-to-energy and heat recovery, and smart industrial and building efficiency. Offered through Shared-Savings Energy Performance Contracts (ESPCs) covering building improvements (HVAC, building envelope), efficient equipment (inverter A/C, heat pumps, LED, motors/pumps), industrial waste and heat recovery, controls optimization, and behavioral change programs.

Quantifiable outcome

• 20% reduction in energy consumption at JA The Resort through 14 energy efficiency measures under a 10-year Shared-Savings ESPC
• +7 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered flagship.

• JA Resorts & Hotels (JA Palm Tree Court, JA Beach Hotel, Palm Jebel Ali, JA Lake View Hotel)flagshipStrategic or Co-development Partner · 13 June 2024X-NOOR entered two strategic agreements with JA Resorts: (1) a 20-year Solar PV Lease for a 1.127 MWp rooftop system generating 37.6 GWh over the term and reducing 15,053 tonnes of CO2; (2) a 10-year Shared-Savings Energy Performance Contract implementing 14 energy efficiency measures, delivering 8,388 MWh energy savings, 7,062,000 imperial gallons water savings, and 41,902 litres diesel savings annually, reducing utility bills by over 20% and achieving 40,314 tonnes cumulative CO2 savings.
• Modern Freight Company (MFC)flagshipStrategic or Co-development Partner · 12 June 2024X-NOOR signed a 20-year agreement with MFC to provide renewable energy at MFC's Logistics Park and Logistics Center in Dubai. X-NOOR installed a 662 KWp rooftop solar PV system expected to produce ~18 GWh over 20 years, powering the warehouse with 100% renewable energy. MFC is one of the UAE's most trusted logistics companies (established 1977), strategically located next to Jebel Ali port. This project reflects shared commitment to sustainability in Dubai's logistics industry.
• John Crane Middle East FZEflagshipStrategic or Co-development Partner · 6 March 2024X-NOOR signed a 10-year Solar PV Lease Agreement with John Crane Middle East FZE (part of Smiths Group PLC, FTSE 100) to develop rooftop and car parking solar projects at John Crane's regional headquarters in Dubai. The agreement secures 785 MWh/year (15 GWh total over 10 years), supporting John Crane's net-zero targets. CO2 reduction: 300 tons/year.

Scale indicators7 records

Recent moves7 records

Expansion highlights8 records

Broad incumbents

• ACWA Power: Saudi-listed regional power and renewables giant with utility-scale solar, wind, and storage across MENA. Adjacent to X-NOOR at the utility-scale end and a relevant regional benchmark for renewable IPPs in GCC.
• Alfanar: Saudi diversified energy EPC and developer with a sizable solar PV business alongside electrical products and construction. Comparable to X-NOOR's broader solar EPC footprint in the GCC.
• Masdar: UAE government-backed renewables developer with global utility-scale solar portfolio and growing C&I focus. Comparable to X-NOOR as a GCC solar developer, though X-NOOR also lists Masdar as a customer for specific C&I installations.
• Brookfield Renewable: Global renewables platform owned by Brookfield — X-NOOR's ultimate parent through X-ELIO. Operates utility-scale solar, wind, and storage globally and is the strategic capital backbone for X-NOOR's GCC expansion.
• Engie: Global energy major with substantial MENA renewables footprint and distributed solar for C&I clients. Comparable as a broad incumbent providing integrated energy and decarbonization solutions in the same GCC enterprise market.

Direct peers

• SirajPower: UAE-based rooftop solar developer providing turnkey solar solutions and PPAs to commercial, industrial, and government clients in the GCC — the closest direct competitor to X-NOOR's rooftop PV + SLA offering.
• Yellow Door Energy: UAE-based solar IPP delivering distributed, behind-the-meter solar PPAs to commercial and industrial clients across the Middle East. Directly competes with X-NOOR's C&I PPA/SLA model in the same core geographies.
• Enviromena: Abu Dhabi-headquartered solar developer with a large regional portfolio of utility-scale and C&I PV plants. Comparable to X-NOOR as a MENA-focused solar developer serving commercial and utility customers.
• Desert Technologies: Saudi Arabia-based solar energy company delivering distributed solar and storage solutions to commercial and government clients. Directly comparable as a regional C&I solar developer in X-NOOR's core KSA market.

Emerging players

• NOMAD Solar: Emerging MENA-focused solar developer pursuing C&I rooftop and ground-mounted solar projects. Comparable to X-NOOR as a regional C&I solar provider in the GCC, though at smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/x-noor

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about X-NOOR