Emirates Insolaire’s KromatixTM technology wins prestigious international award

Dubai Investments PJSC [DI], the leading investment company listed on the Dubai Financial Market [DFM], has announced that Emirates Insolaire, a pioneer in the development of new solar technologies and its joint venture with SwissINSO Holding Inc., has won the prestigious Swiss Solar Prize – Schweizer Solarpries 2015.   Emirates Insolaire, which offers the world’s first KromatixTM coloured solar panels knowhow, announced the completion of its project in Basel, Switzerland earlier this year with the new technology.

The project comes close on Emirates Insolaire’s successful installation of KromatixTM PV modules on a building façade in Lausanne, Switzerland – also the first in the world.
“The Schweizer Solarpries award is a great endorsement for Emirates Insolaire’s KromatixTM technology. We are confident that this international recognition will go a long way in reinforcing our growth plans across the globe. We thank all our partners and business associates for their support in this success,” said Rafic Hanbali, Managing Partner of Emirates Insolaire, who received the award.
The Swiss Solar Prize recognises extraordinary efforts in sustainability with special emphasis on energy-efficient buildings and installations for generating renewable energy sources.
Emirates Insolaire sees huge potential for its KromatixTM technology amidst 40% year-on-year growth in photovoltaic market globally. The company expects sales of over 50,000 square metres for coloured solar panels in 2015 alone; and has already initiated plans to ramp up its solar glass production in excess of 1.5 million square metres per year in line with the surging demand from GCC states, Europe, USA, Singapore, South Korea and South America.
Emirates Insolaire, part of Glass LLC – the glass pioneers in the Middle East, manufactures its coloured solar glass panels at the Emirates Glass manufacturing facility in Dubai.

600450 Emirates Insolaire’s KromatixTM technology wins prestigious international award glassonweb.com
Date: 16 October 2015
Source: www.dubaiinvestments.com

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