Dubai, June 5, 2017

Emirates Insolaire LLC, a pioneer in the development of new solar technologies and a joint venture of Dubai Investments PJSC and SwissINSO Holding Inc., has received strong enquiries for its sustainable, energy-efficient coloured solar panel technology, reinforcing the surging demand for Building-Integrated Photovoltaics [BIPV] across the globe.

Emirates Insolaire, which offers the world’s-first KromatixTM coloured solar panels technology, generated a lot of enquiries for photovoltaic modules from consultants, architects, entrepreneurs and photovoltaic manufacturers during Intersolar Europe exhibition, the largest solar exhibition in the world, held between May 31 and June 2, 2017 at Munich, Germany. Over 1,200 exhibitors and 40,000 trade visitors attended the exhibition. The Emirates Insolaire booth was one of the most visited at the fair, and the KromatixTM technology is now established worldwide as reference for beauty, high efficiency and durability for BIPV.

This comes amidst booming global photovoltaics market. According to the latest research by industry experts, the demand for photovoltaics is expected to grow to nearly 392 GW this year, which would mean a doubling of the global PV market since 2014. Globally, there was nearly 306 GW of solar power capacity in 2016, up from around 50GW in 2010 and virtually nothing at the turn of the millennium.

Rafic Hanbali, Managing Partner of Emirates Insolaire, said: “The solar PV industry has reached a critical tipping point, with end-market demand hitting record levels. Emirates Insolaire has completed installation of KromatixTM solar PV modules in several locations in the world, including Lausanne, Basel, Leysin, Austria, Copenhagen, Germany etc. The company is making significant inroads in Europe and the Gulf. With Emirates Insolaire, it is possible to have energy-elegant dress on every house and building, bringing an important relief to Planet Earth.”

Each photovoltaic module of Emirates Insolaire is 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.

-Ends-

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 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 2017