Search DubaiPRNetwork.com

Dubai and UAE
Home >> Banking & Investments

Jafza Welcomes First Photovoltaic Solar Panel Plant

Jafza Welcomes First Photovoltaic Solar Panel Plant

Tuesday, January 2, 2018/ Editor -  

Share

Home >> Banking & Investments

Maysun Solar invests $5 million with plans to produce 5,000 PV tablets each month

Dubai, United Arab Emirates, 02 January 2018:  Global trade enabler DP World’s Jebel Ali Free Zone (Jafza) has welcomed Maysun Solar, the first photovoltaic panel producer to set up a manufacturing facility in the region’s leading free zone.

Maysun Solar currently manufactures 5,000 solar panels a month with a capacity to generate 40 megawatts of electricity. 

The launch follows DP World's on-going solar energy project in Jafza and Mina Rashid Port involving the installation of 88,000 rooftop solar panels as part of its efforts to reduce carbon emissions.*
 
Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World, said:
“The history of the UAE has been shaped by the vision of its leaders. This project represents another step towards transforming this vision into reality and integrating with the DP World Solar Programme, the largest and most ambitious roof-top solar energy project in the Middle East. 

'DP World fully supports the Shams Dubai initiative to promote the use of clean and renewable energy sources, and our Solar Programme is in line with the Dubai Integrated Energy 2030 and Dubai Clean Energy 2050 initiatives, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, as well as with the UAE Vision 2021 and the Dubai 2021 Plan.
 
“DP World is committed to supporting sustainable business activities and building a green economy for future generations through such programmes and by providing an ideal investment environment that encourages renewable energy companies to innovate, research and develop.”

Maysun Solar plans to raise production capacity to 200 megawatts over the next three years, complementing DP World's efforts to support the Dubai government’s plan to make the Emirate a world leader in alternative energy sources.

Sai Xuezhao, General Manager of Maysun Solar, said: 'We intend to transfer all our operations and investments to Jafza over the coming years, raising investment in Dubai from $5 million to $10 million, as we are currently running at full capacity and have orders in hand for production up to November this year.”.
 
Maysun Solar manufactures and exports its solar panels to the world as ‘Made in UAE’, with 30 percent of its orders coming from European markets, especially Germany and Poland, with 10 percent from the Saudi market.
 
The company is looking to expand its sales in the local market and has already obtained accreditation from the Dubai Water and Electricity Authority (DEWA) to become a certified supplier of solar panels. 

Mr. Xuezhao noted that the permission given to individuals and companies in Dubai to produce their own energy and to cut down on their electricity bills by installing solar panels on buildings has given a strong boost to the solar panel industry in Dubai. “The move will stimulate cities and countries within the region to follow the example of Dubai in the exploitation of solar energy,” he said.
 
Maysun Solar has received a number of international quality certificates, including the ISO certification in quality management system and the certificate of application of European specifications in the industry of solar panels. 


Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

Emirates kicks off ATM: signs MoUs with Tourism Boards of Malaysia and Turkey, a ...

Qatar Airways Sets the Stage for the Future of Travel at the Arabian Travel Mark ...

Al Tayer opens 5th Emirati French Business Engagement Summit

Slow travel, sustainability and technology highlighted as future global tourism ...

Abu Dhabi Chamber Partners with AIM Congress to Boost Investment Climate in the ...

Dubai Culture and Fiker Institute Discuss the Future of GCC Contemporary Art

Etihad Airways To Showcase Growth At Arabian Travel Market

Tooth decay is major problem for children but oral health is vital for all ages

flydubai records sustained growth in passenger numbers since the beginning of 20 ...

48th UAE Armed Forces Unification Day Statement

Alpha Dhabi records strong first quarter with Revenue of AED 14.2 billion and Ne ...

Emirates announces first 9 destinations to join its A350 network

First victory and first Pink Jersey for Pogačar at Giro D'Italia

AUS launches new undergraduate scholarship program to attract and retain outstan ...

HE Al Owais: Midwifery profession a cornerstone of UAE health system, and we are ...

Mohammed bin Rashid Library concludes its 3rd participation at Abu Dhabi Interna ...

Dubai Municipality initiates comprehensive pest control strategies following adv ...

Diaa Allam nominated for UNESCO-Sharjah Prize for Arab Culture

Pogačar animates on first day of Giro D'Italia

DIEZ Implements Copilot for Microsoft 365