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• Unique technology takes the centre stage at 7th Façade Design Summit in Doha
Doha/ Dubai - Emirates Insolaire LLC, a pioneer in the development and application of new solar technologies and a subsidiary of Dubai Investments PJSC [DI], is showcasing its coloured solar panel KromatixTMtechnology - the first-of-its-kind in the world, at the 7th Façade Design & Engineering Summit, currently under way in Doha.
At the summit, Emirates Insolaireis unravelling ways to adapt its unique, coloured and sustainable solar panels, its breakthrough photovoltaic modules as well as solar thermal collectors to enhance the design appeal and aesthetics of building façades in the region.
Emirates Insolaire solar panels, coming in virtually any colour, have revolutionized the industry, as it can be easily integrated in natural colours to any façade and roof and thus offer cost-effective and sustainable customization. The company has already production and installed its first façades in Europe. Emirates Insolaire continues to receive enquiries for its coloured solar panels from the UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Bahrain, Lebanon, as well as from Europe, Asia, the US, and Brazil, among others.
Rafic Hanbali, Managing Partner of Emirates Insolaire, said: "There is a latent demand for Emirates Insolaire's revolutionary, coloured solar panels across the globe. Our breakthrough glass is optimized for photovoltaic modules as well as solar thermal collectors and we see a massive growth potential in the Gulf region. We expect sales in excess of 50,000 square metres for coloured solar panels and photovoltaic models during 2015 alone."
He added: "The solar PV industry is booming, with the end-market demand hitting rapid growth levels almost every quarter - so we are quite bullish. Our participation in the Façade Design & Engineering Summit is part of our strategy to reinforce our breakthrough technology to potential partners from across the region and beyond. The scale of construction under way in Qatar itself is phenomenal and offers unmatched growth opportunity."
Mr Hanbali will also bethe moderator at one of the roundtable discussions on Day 2 of the summit, focusing on growing trends towards façade solar integration in the Middle East.
The Emirates Insolaire solar glass panels, manufactured with KromatixTMtechnology, are developed in close collaboration with the Swiss Federal Institute of Technology [EPFL - Ecole Polytechnique Federale de Lausanne]. Optimised for photovoltaic modules - which use cells to convert solar radiation into electricity - and solar thermal collectors, the glass provides a mat coloured, architecturally aesthetic appearance to solar panels, preserving more than 90% of the original efficiency.
Globally, the photovoltaic market has grown 40% year-on-year and the number of installations foreseen for 2015 is 160 GW - approximately 800 million square meters of glass. Furthermore, the share of BIPV [Building Integrated Photovoltaic] for roofs and facades, one of the specialisations of Emirates Insolaire, is witnessing one of the fastest growth rates.
Emirates Insolaire is part of Dubai Investments subsidiary Glass LLC, the glass pioneers in the Middle East. Each colored solar panel with KromatixTM technology can generate above 150 watts electric power per square meter on roofs, or above 110 watts per square meter on façades. Approximately 2,000 panels on one building, roof and facades are capable of generating above 350kW electric power.
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About Dubai Investments
Incorporated in 1995, Dubai Investments PJSC is a leading investment company listed on Dubai Financial Market with over 19,894 shareholders, and paid-up capital of AED 3.8 billion. The company works in manufacturing, financial investments, real estate development and mergers and acquisitions. The portfolio comprises seven large investment units - Glass LLC, Dubai Investments Industries (DII), Masharie Company LLC, Dubai Investment Park (DIP), Dubai Investments International, DI Real Estate Company (DIRC) and Al Taif Investment.
DI owns over 40 subsidiaries and joint ventures encompassing a diverse range of sectors including manufacturing of construction-related materials, food and related fast moving consumer goods, industrial and commercial properties, real estate management and property development, information technology solutions, district cooling and financial investments.DI's primary mission is to add value and to grow its investment portfolio through active strategic stewardship, financial engineering, network of relationships and financial resources.
About Glass LLC
Glass LLC, the first glass holding company in the Middle East, is dedicated to meeting the growing needs of the regional glass industry. Glass LLC incorporates five subsidiaries: Emirates Glass LLC, one of the largest processors of flat architectural glass in the region; Emirates Float Glass, one of UAE's first integrated glass manufacturing and processing facility in Abu Dhabi; Lumiglass Industries, makers of automotive and architectural laminated glass products, the Saudi American Glass Company, one of the largest glass manufacturers in the Middle East, and Emirates Insolaire LLC - a pioneer in the development and application of new solar technologies and products.
For media inquiries, please contact:
Venkat Iyer | Public Relations & Media Assistant Manager
DUBAI INVESTMENTS
PO Box 28171, Dubai, UAE
.T: +97148122400
.D: +97148122426
.F: +9714 8122424
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www.dubaiinvestments.com
© Press Release 2015
