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Dubai - Emirates Insolaire LLC, a pioneer in the development of new solar technologies and a joint venture of Dubai Investments PJSC and SwissINSO Holding Inc., is expecting strong growth for its sustainable, energy-efficient coloured solar panel technology amidst surging demand for Building-Integrated Photovoltaics [BIPV] across the globe.
Emirates Insolaire, which offers the world's-first KromatixTM coloured solar panels technology, received strong enquiries for its photovoltaic modules from project entrepreneurs and photovoltaic manufacturers during its participation at Intersolar Europe exhibition - the world's leading exhibition for the solar industry, held between June 22 and 24, 2016 at Munich, Germany. Over 1,000 exhibitors and 40,000 trade visitors attended the exhibition.
As the demand for energy-efficient solar technology surges in Europe, GCC and the globe, Emirates Insolaire is expecting sales of 50,000 square metres of coloured Kromatix solar glass.
In 2015, total installed output in Europe rose to almost 100 GW, making the continent one of the largest markets for photovoltaics. A total of 50 gigawatts [GW] of new photovoltaic capacity were added worldwide in 2015 in the midst of a strong growth phase, which will witness the global photovoltaic capacity increasing to over 300 GW in 2016 and 500 GW by 2019.
Rafic Hanbali, Managing Partner of Emirates Insolaire, said: "Emirates Insolaire's world's first coloured solar glass is optimized for both photovoltaic modules as well as thermal collectors. The solar PV industry has reached a critical tipping point, with end-market demand hitting record levels almost every quarter. Emirates Insolaire completed the installation of KromatixTM solar PV modules in Lausanne, Basel, Leysin, Austria and currently installing 12,000 solar glass panels covering 6,600 square metres at Copenhagen International School Nordhavn in Denmark to create one of the largest photovoltaic buildings-of-its-kind in the world. The company is making significant inroads in Europe and across the Gulf."
The coloured solar panels from Emirates Insolaire offer high efficiency, with each photovoltaic module capable of generating 170 to 190 watts per square metre for roof or 110 to 130 watts per square metre for facades. Emirates Insolaire's coloured solar panels and photovoltaic modules enhance the design of any building and can be easily integrated to any façade or roof. KromatixTM is becoming the reference, and simply put, becoming just the building envelope to efficiently produce energy from roof to bottom.
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About Emirates Insolaire LLC
Emirates Insolaire LLC, established in 2013 and headquartered in Dubai, is a pioneer in the development of new solar technologies. A joint venture of Dubai Investments PJSC - a leading, diversified investment company in the UAE with 40 subsidiaries and joint ventures operating across sectors, and SwissINSO SA, a Switzerland-based research and development company, Emirates Insolaire LLC produces the first-of-its-kind coloured solar glass panels in the world with its Kromatix™ patented technology.
The revolutionary technology on coloured solar panels, which are capable of generating energy, can be completely integrated into the architectural design of all types of buildings for the very first time and thus opens a whole new world of opportunities in terms of aesthetic design of buildings. Emirates Insolaire LLC created history in May 2015 with the successful installation of the world's first coloured solar panels on a building façade in Lausanne, Switzerland. Two other projects in Basel, Switzerland, and Austria have also been completed and the company is receiving enquiries from around the globe.
© Press Release 2016
