Dubai Investments’ eco-friendly coloured solar panels, products get huge response at WETEX
Dubai Investments PJSC [DI], the leading investment company listed on the Dubai Financial Market, has announced that its energy-efficient coloured solar panels and eco-friendly innovations are receiving overwhelming response at the WETEX 2015 exhibition, currently under way at Dubai World Trade Centre.
The highly-sustainable coloured solar panels – the first-of-its-kind in the world and produced by DI subsidiary Emirates Insolaire – not only cut down on greenhouse gas emissions but also considerably reduce the utility bills. Dubai Investments is also displaying its breakthrough photovoltaic modules, solar thermal collectors and other innovations at the exhibition.
The coloured solar panels continue to generate lot of interest not only among businesses but also from residents amidst growing awareness and initiatives towards renewable energy sources. The company has received enthusiastic enquiries from the UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Bahrain, Lebanon, as well as from Europe, Asia, the US, and Brazil, among others.
The solar panels are in line with the Dubai government’s ongoing initiative to install solar panels in buildings in the Emirate as part of its steps to harness sunlight for conversion into electricity.
Given the huge demand for its energy-efficient innovation, Dubai Investments expects sales in excess of 50,000 square metres for coloured solar panels in 2015. Each coloured solar panel, manufactured with KromatixTM technology, can generate above 150 watts electric power per square meter on roofs, or above 110 watts per square meter on façades.
Rafic Hanbali, Managing Partner of Emirates Insolaire, will also make a presentation on the advantages of integrating KromatixTM technology in buildings on April 23, 2015 at 10am.
Dubai Investments – one of the Gold Sponsors of WETEX – is also highlighting the eco-friendly solutions of its other subsidiaries, including Emirates Glass, Dubai Cranes, Lite-Tech Industries and Emicool, and providing an overview on how the innovations could help in reducing the ecological footprint. DI has been part of WETEX for the last three years.
Dubai Investments PJSC is a leading public joint stock company listed on the Dubai Financial Market with over 16,771 shareholders and a paid-up capital of AED 4 billion. Incorporated in 1995, the Company has grown exponentially with investments in a number of businesses across a number of sectors, ranging from real estate, processing industries, mergers and acquisitions, healthcare, education to financial investments in the UAE and the Middle East. Dubai Investments continues to create positive economic impact and long-term value for its stakeholders by investing in sustainable, growth sectors in markets across the globe.