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 7613 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
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
PopSockets launches a new collection with crystals from Swarovski, the must-have...
Maintain Healthy Skin Year Round
Free gold coins at Malabar Gold & Diamonds Festival
MIDO Baroncelli Lady Day & Night collection
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Interview with Asil Attar, CEO of Al Yasra Fashion
Holiday Gifting Made Easy with Wet n Wild Beauty Specials
Get Ready for Party Season with Lottie's new make-up hits
Tissot PR100 Lady Sport – Chic Glamourous Festive Season
Festive Gift Sets from Bubble T
Winter wool Christmas must- haves
Golden Mile Galleria's ‘A Cultural Flair' attracts hundreds of art lovers to Pal...
Samsung Galaxy A9 – Designed to capture the world in its fullest
New 1948 Seamaster Watches Join the Ranks'
Michael Kors Collection Transeason 2019 Press Presentation
Chic and Stylish Wraps with a 3 in 1 effortless concept
DKNY Launches (Limited Edition) Holiday 2018 Collection
9th Edition of China Homelife Exhibition to Have Over 3000 Exhibitors Across Bus...
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu
Tissot PR100 Lady Sport – Chic Sporty yet Feminine
Els Back for the 30th Omega Dubai Desert Classic Aiming for a Record Fourth Victory
Dubai Shopping Festival Wednesday Specials at The Smile Bar
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shin...
Get Party Ready with Champion Cleaners
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
Santa is Coming to Town!
Nine winners honored by DQG for their innovative ideas at the 10th Global Contin...
UAE students win top awards at international math competition in Malaysia
Enjoy 11 exciting new street entertainment shows at BOLLYWOOD PARKS™ Dubai
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
'Introducing the GUESS Jeans Fall 2018 Collection'
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
New ACH145 Mercedes-Benz Style Cabin Model Highlights First Presence at MEBAA fo...
No P-ain, No G-ain! Mega Musclemen Return to Dubai
Al Hosn Now Open to the Public
ICAEW recognises Middle East's best finance professionals
His Highness Sheikh Saud discusses collaboration with British Consul-General And...
It's a Wrap! The Second JLT Restaurant Awards Conclude with a Glitzy Ceremony At...
CBUAE and Central Bank of China meet to Enhance Renminbi Clearing in the UAE
Listen to the Autism Beat Gala Dinner at Atlantis - The Palm
Arla Foods launches initiative with UAE Ministry of Education to promote healthi...
CITIZEN's “#MyBetterStartsNow” campaign seeks out UAE's inspired and driven indi...
Young Emirati Champion Rashid Al Dhaheri Powers Ahead to Stunning Victory at the...
Joe's Backyard Opens at the Holiday Inn, Dubai Festival City
Julphar to Launch Wearable Insulin Delivery Device in GCC
Zayed Book Award Longlist Announced for ‘Young Author' Category (2018 - 2019)
Dubai Islamic Bank triumphs at Islamic Business and Finance Awards 2018
Al Ghurair Centre Teams Up With Nike to Support Its ‘We Play DXB' Campaign
University of Balamand Dubai and Emicool agree MoU for student scholarships