DUBAI Investments PJSC, the leading, diversified investment company listed on the Dubai Financial Market, is targeting a strong growth in the booming solar energy market through its subsidiary Emirates Insolaire LLC – DIC's joint venture with SwissINSO Holding Inc., a Switzerland-based pioneer in solar technologies. Emirates Insolaire LLC is showcasing the world's first colored solar panel technology, including the sustainable solar panels, photovoltaic modules and solar thermal collectors at the World Future Energy Summit [WFES] 2017 in Abu Dhabi, being organized at ADNEC till Thursday (Jan. 19). The company is witnessing surging interest for its solar panels amidst rising awareness towards a sustainable future. Emirates Insolaire, committed to growth across the region, North and South Americas, plans to introduce new solar products by mid-2017. Rafic Hanbali, managing partner of Emirates Insolaire, said: "Emirates Insolaire has revolutionized the solar energy world with the Kromatix technology. The World Future Energy Summit is a great platform to unveil its expertise to partners from across the globe and we look forward to active interaction with companies from across the world. The global photovoltaic market is booming and expected to grow at a Compounded Annual Growth Rate of 18.30% till 2020." The solar panels from Emirates Insolaire offer high efficiency, with each PV module capable of generating 170 to 190 watts per square meters for roof or 110 to 130 watts per square meters for facades. According to an analysis by Frost and Sullivan, the Gulf Cooperation Council [GCC] countries are expected to increase their installed solar capacity 50-fold between 2015 and 2025, with Saudi Arabia alone announcing plans for an additional 9.5 GW of renewable energy by 2030. Outside the GCC, India is targeting 175 GW by 2022, including 100 GW of solar. The company has installed the world's first Kromatix colored solar PV modules in Switzerland and Austria in 2015 and one of the largest photovoltaic buildings-of-its-kind in the world for Copenhagen International School Nordhavn in Denmark. Emirates Insolaire, 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 produces the first-of-its-kind colored solar glass panels in the world with its Kromatix patented technology. The revolutionary technology on colored 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 colored 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.
