Established a factory in "Dubai Silicon" to export "renewable energy" to the world

Business Dialogue .. «Almaden» plans to raise its investments to exceed one billion dollars in the coming years

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The Chairman of the Board of Directors of the "Almaden" company for the manufacture of photovoltaic panels, Ghanem Muhammad Al Mazrouei, said that the company intends to expand its investments in the future, with the increasing demand for renewable energy, especially in the UAE, which strengthens plans to raise investment to more than one billion dollars (3.68 billion dollars). Dirhams) during the coming years.

He pointed out that the factory produces up to about 400 thousand photovoltaic panels annually, which can be increased to 600 thousand panels.

He stressed that the company was able to meet the needs of local and international projects, despite the challenges that the world faced, due to the outbreak of the "Covid-19" virus, and that the company has agreements with several countries in the African continent, the Eastern European region and the Gulf Cooperation Council countries.

The factory construction cost amounted to 110 million dirhams, which was the first step for the company to enter the region's markets, and the Middle East region is currently receiving wide international attention, as it is one of the emerging markets in the field of solar energy.

The region is also witnessing remarkable growth in the application of innovative technologies.

In detail, the Chairman of the Board of Directors of the “Almaden” company for the manufacture of photovoltaic panels, Ghanem Muhammad Al Mazrouei, confirmed that “the company intends to expand its investments in the future, with the increasing demand for renewable energy, especially in the UAE,” indicating that “the demand for renewable energy generation equipment It is increasing in the countries of the Cooperation Council, the Middle East region, and the African continent. ”

Production capacity

He added, to "Emirates Today", that "the factory, which was established in Dubai Silicon Oasis in 2014, with an area of ​​about 15 thousand square meters, produces up to about 400 thousand photoelectric panels annually, and that its production capacity accommodates an increase of this number to 600 thousand. Tablet ».

The Dubai Silicon Oasis Authority has signed an agreement with Chang Zhou Almaden, one of the largest global companies in the manufacture and production of photovoltaic panels with coated and anti-reflective glass technology, to host the company's first factory and training center in the Middle East and North Africa region, from Dubai Silicon Oasis. .

"Nanotechnology"

Al Mazrouei said, “The factory works with (nanotechnology) technology, and is one of the most important pioneering factories in the world in producing these high-quality types of panels,” indicating that “the plant's production capacity reaches about 150 megawatts, and that it is the fourth branch of the company, The company owns two factories in China, and a factory in Morocco, which specializes in producing high-quality glass.

He added, "The company has agreements with several countries in the African continent, the Eastern European region and the Gulf Cooperation Council countries, where a large number of projects have been completed in several countries, in addition to serving the needs of the local market in the UAE."

He pointed out that the company was able to meet the needs of local and international projects, despite the challenges that the world faced, due to the outbreak of the "Covid-19" virus, pointing out that the demand for clean energy generation equipment is increasing, which strengthens plans to raise investment to more than one billion dollars over the years. Coming.

"The company has signed a contract with the state of Chad to supply products, and it is also working on several other projects in the countries of the Gulf Cooperation Council, and Egypt, in which the company’s office has been opened, in order to meet the needs of the industrial sector in cooperation with the Egyptian government," he said.

Panel production

Al Mazrouei stressed that the company uses the latest "nanotechnology" technology, which provides the best standards for producing panels in the world, which are distinguished by the presence of an insulating layer that protects the panels for many years, indicating that the panels reflect the strength of the local industry and its ability to meet the needs of international markets.

The construction cost of the factory amounted to 110 million dirhams, which marked the first step for the company to enter the region's markets.

The plant also hosts a training center, with the aim of increasing awareness about green energy and sustainable solutions, suitable for the Middle East region.

The company is receiving great success, as the Middle East region is currently receiving wide international attention, as it is one of the emerging markets in the field of solar energy.

The region is also witnessing remarkable growth in the application of innovative technologies.

International platform

The Emirate of Dubai provides an international platform that extends its influence to the entire region, which gives "Shang Zhou Almaden" an ideal location to market its products through its regional factory in Dubai Silicon Oasis.

The company is working in its factory in (Al-Waha) to produce ultra-thin double-glazed photovoltaic panels that suit the desert climate.

These panels can be used in residential buildings, parking spaces, farmhouses, green roofs, and solar stations.

Future energy

Al Mazrouei said, “Solar energy is the energy of the future, and that the company has a positive impact on the market, thanks to high and environmentally friendly technologies, in addition to competitive prices and high quality standards, as the double photovoltaic glass panels were designed specifically to withstand the intense summer heat in the Middle East region. This allows less energy loss, under high humidity levels and hot weather conditions.

He added: “Our operations contribute positively to the development of Dubai’s environmentally friendly vision and to reduce carbon emissions in the emirate. The company is seeking partnerships with local authorities to provide for their needs of energy panels, as renewable energy is the future of energy, especially in light of the global trend to reduce emissions. Carbon, and that the choice of Dubai Silicon Oasis to establish the plant, came after studies related to the importance of its location and the services and facilities it provided during the establishment process, which strengthened the factory's ability to achieve this success.

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Ghanem Mohammed Al Mazrouei:

• “(The factory) produces about 400,000 photovoltaic panels annually, and it can be increased to 600,000 panels.”

• “Our operations contribute positively to the development of Dubai’s environmentally friendly vision.”

• «The demand for renewable energy generation equipment is increasing in the countries of cooperation and the region.

Global projects

The "Shang Zhou Almaden" company was established in 2006 and has participated in global projects to generate electricity from solar energy, with a production capacity of 18 GW.

Thanks to its significant investment in research and development efforts, Dubai Silicon Oasis is wholly owned by the Dubai government and is active as a free zone for technology companies seeking to establish regional headquarters and centers for development and research in Dubai.

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