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Dubai, UAE (PRWEB) October 28, 2008 -- Solar Technologies FZE, a Dubai Technopark-based global company, has announced the establishing of the Middle East's largest photo-voltaic (PV) manufacturing facility in Dubai. The announcement was made by Mr. Sultan bin Sulayem, Chairman of Dubai World, at the Green Dubai World Forum 2008 held at the Atlantis in Dubai. The virtual foundation stone laying ceremony of the manufacturing facility was held on October 24, 2008, the inaugural day of the Green Dubai World Forum 2008.
The first phase of the facility will manufacture photo voltaic panels that can annually generate 130 mega watts of power. The facility will go into production in the last quarter of 2010. Subsequently, Solar Technologies will establish similar manufacturing plants in China, Mexico and Bulgaria, which will increase the total production capacity to 1 Giga watt by 2015.
Speaking at the inauguration of the manufacturing facility of Solar Technologies, Mr. Sultan Bin Sulayem, said, "Our vision in Dubai is to create an environmental friendly society. Considering the vast areas of dry lands in the UAE, the potential of obtaining energy from the sun is almost inexhaustible. Solar energy will define the future of our country. The setting up of a photo-voltaic panel manufacturing facility is an important step towards securing our future."
Mr. Dilip Rahulan, Chairman and CEO, Solar Technologies FZE, said, "Solar plants consume little or no fuel, saving millions of dollars every year. Since solar technology is almost pollution-free, the plan to deploy alternative energy systems alone would reduce green house gas emissions from power plants and from buildings. This alone would help put a major brake on global warming."
"With technology paving our path today, changing the country's energy supply to solar power is an achievable task. Solar power is an extremely practical alternative for energy and fuel for transportation as well. Once the countries energy source has been replaced with solar energy, we believe the desire for energy self-sufficiency and the need to reduce carbon dioxide emissions will become attainable," Mr. Rahulan added.
Solar energy has incredible potential. The energy from sunlight striking the earth for 40 minutes is equivalent to the global energy consumption for a whole year. Every second the sun sends 30 million megawatts of emission free energy to the earth; that is 10,000 times more than the world's primary energy consumption today, more than enough to solve the energy problems in an environment friendly way.
Solar Technologies endeavors to achieve its goal by producing very large solar panels of the size of 5.7 Meter Square which can be used for Building Integrated Photo-Voltaic (BIPV) solar modules suitable for homes, offices and industrial and infrastructure facilities. Solar Technologies brings a unique combination of US technology and Dubai based manufacturing to deliver low cost, high quality modules and high volume production capability.
About Solar Technologies FZE:
Solar Technologies FZE, based in Dubai Technology Park, designs and manufactures large area, low cost, thin film photovoltaic modules. Photovoltaic is a technology that converts light directly into electricity. With a mission to accelerate the adoption of solar PV by rapidly expanding manufacturing capacity and significantly reducing the cost of solar modules through innovations and manufacturing excellence, Solar Technologies FZE will soon be the leading solar photovoltaic manufacturing unit in the world and the largest one in the Middle East.
About Green Dubai World Forum 2008:
Green Dubai World Forum 2008 was held to commemorate the anniversary of the historic declaration on Green Dubai, made on October 24, 2007 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The Forum, which was attended by key decision makers from both public and private sectors from around the world, focused on key issues of global concern regarding sustainability and environmental problems and possible solutions.
For further information, please contact:
Jumana Aman
Watermelon PR
Dubai, UAE
Ph: +971 4 2833655
Email: jumana @ watermelonme.com
###
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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Cruising in Dubai Dhow: Experience the fun of cruise in Dubai, cruise holiday in Dubai
Cruising in Dubai Cruising in Dubaitravel & culture Services is proud to offer an exclusive cruising tour in Dubai. We will pick you up from your hotel or your desired destination and drive to Dubai creek where your personal boat will be waiting for you. You will board on the Dubai cruisearound the waters of Dubai while also passing by the Palms valley and other jumbo land marks of Gulf Dubai. This is an ideal tour in Dubai for a small break from your very busy schedule. Now let’s talk about day by day growing cruise industry in all over the gulf especially in Dubai:
HotelTravel.com Takes Chequered Flag for Final Formula One 2009 Race in Abu Dhabi
Attention all Formula One fanatics: The Etihad Airways Abu Dhabi Grand Prix is the last chance to get a F1 fix in 2009. Formula One motor racing is all about speed, power, noise, money and glamour. So HotelTravel.com is pushing its pedal to the metal by offering brilliant value-for-money hotel deals in the United Arab Emirates.
Dubai luxury yacht charter
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About Dubai, UAE City, Dubai Economical, Dubai History
Dubai is a part of United Arab Emirates. Among the seven Emirates the Dubai is one. It Is the Second Largest Federation after Abu Dhabi. But in Population Dubai is the first among the Emirates. It is also the main city of United Arab Emirates. From 1833 Dubai has been ruled by The Al Maktoum Dynasty. Shaikh Mohammad Bin Rashid Al Maktoum the Vice-President of the federation of the United Arab Emirates and also the ruler of Dubai. The Dubai is also known as DBAI CITY and DUBAYY
Dubai Lime and Nokia Collaborate to Promote Dubai's Original Music Scene
Dubailime.com, the culture and community portal for Dubai and Nokia, the global leader in mobile telecommunications today announced that the Dubai Lime Music Podcast will now be available as a default feed in the Nokia Podcasting application available to all Nokia S60 3.x devices which includes the popular Nokia Nseries and Eseries devices. This deal promises to be an important step for the Dubai Music scene and Nokia by demonstrating its ongoing commitment to offering local content to the consumers of this region.
Dubai Real Estate Company
Dubai Real Estate Company If you have a graph with fixed supply NRI investments UAE and fixed demand NRI investments UAE then it is very easy to predict things like house price rises and Property for Sale Dubai inflation. But in real life nothing stays static for very long and long, and in a dynamic economy like Real Estate Dubai change is the only constant. Demand for Property in Dubai is determined by many factors: local consumer confidence, the Property in Dubai Real Estate cost of rental alternatives, population growth, salary increases, foreign buyer confidence, the global, Dubai Real Estate market, and even the value of the US dollar. You certainly need to be careful about making market Dubai Property ...