GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share

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. 



Posted by : GoDubai Editorial Team
Viewed 6655 times
Posted on : Tuesday, January 2, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Trakhees makes it easier for its customers by Integrating with Dubai Islamic Bank (DIB)
Next Story : Mashreq Bank receives nine awards from Global Finance in London
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Global brands with lowest cost at Karama Ware house sale from this Thursday
Glam's Makeup Launches in the Middle East
Review: Facial with Dr Renaud's range at Nazih
Glasshouse Collection from Olivia Burton
Hour Choice presents Coach New York Collection
Prevention, Not Cure: Kaya's ‘Hair Strength Therapies' Set to Rid the Gulf of it...
Matthew Fitzpatrick Wins the 2018 Omega European Masters
Executive Tourbillon Free Wheel
Introducing New Make-up From Rodial That You Need In Your Kit
Australia's Number No.1 Natural Skincare Brand* Partners With Jessica Kahawaty
Rado reimagines a bold 1960s classic for the 21st Century
Scuderia Ferrari presents Fall winter collection
Kate Spade New York Presents Debut Collection From Creative Director Nicola Gla...
Introducing VK Beauty Lounge & Bar
Alina Anwar Couture Launches in UAE
Introducing Home Fragrance at Robinsons, Dubai Festival City
Rolls-Royce Motor Cars Takes the Luxury of Privacy to a New Level
British Classics Make a Comeback in Jack Wills AW18 Collections
Tata Communications Strengthens Cyber Defence in the Middle East with the Launch...
Facebook Launches Community Help on Facebook Lite
NARS Erdem SS19 Beauty Report
Bring a Touch of Sophistication to Your Home with The Exclusive SmegXDolce&Gabba...
Dubai Culture Organises ‘Writing Literature Novels and Editing them as Play Scri...
Roberto Cavalli's Exclusive Duo of Fragrances
Defying Age With Skin Republic's Gold and Platinum Face Masks
Diana Arno Expands Online Shopping to Middle East
‘Unseen Potential' - Art from Scrap and Discarded Parts
Ferrari World Abu Dhabi invites guests to enjoy the spectacular Friends & Family...
CNN's Inside the Middle East explores the region's evolving photography scene
New Google Search feature launches for job-seekers in Arab world
Lacoste.12.12 Collection
Honda voted “Preferred Sedan Car Brand of the Year” for the fourth year in a row
The Future Is Here
Trevor Sorbie Range Relaunches in the UAE
Al-Futtaim Toyota's Upgrade campaign brings back the hottest car deals
Al-Futtaim Toyota swoops another win at the Filipino Times Awards
Sheikh Zayed, the First Falconer and Nature Protector
Your skin needs more than just sunscreen
William Collection by Hugo Boss
UHOA goes live with #YouBeUganda at Expo 2018
PAN Emirates bedroom festival with discount up to 70%
Carl F. Bucherer Celebrates Debut of Its Online Boutique on Jd.Com Launch of Lim...
Mousses Etoiles to reveal the latest luxury designs of commercial-use outdoor fu...
Why the Modern-Day Oil and Gas Industry Needs Millennials to Survive?
Afghanistan Premium League T20 (APLT20) Draft 2018
Al-Futtaim ACE DIY and Home Security promotion
GROHE Smart Home: The App-Controlled Water Security System
MEAF gets the UAE community involved to commemorate World Arthritis Day
Tata Communications launches a specialised cyber security lab at Shanmugha Arts,...
Harmony and Sustainability Define Ideal Standard's ‘Esedra' Ceramic Bathroom Col...