Page 16 - DUBAL HOLDING PR REPORT - AUGUST 2024

9/2/24, 10:56 AM DUBAL installs solar panels atop its aluminium subsidiary
DUBAL installs solar panels atop its

aluminium subsidiary

CREATED: 29 AUGUST 2024

DUBAL Extrusion Investment has completed the rooftop solar power generation
project (phase I) at OSE Industries, a local aluminium extrusion company owned by
DEI.

The rooftop solar power project, implemented by Emirates Electrical Engineering LLC,
became operational at the beginning of July and is situated on the rooftops of buildings 1
and 2 of the OSE plant.

With a rated capacity of 633 kilowatts peak (kWp), the system is anticipated to generate
1.1 gigawatt-hours (GWh) of clean electricity annually, potentially covering up to 12% of
OSE Industries’ annual electricity needs. Environmentally, the annual generation of 1.1
GWh of clean energy could power a small town for several days to a week, reducing
carbon emissions by 440,000 kg CO2e and promoting sustainable practices.

The project was carried out under a Solar Lease Agreement, removing upfront costs and
providing a hassle-free approach to operation, maintenance, and affordable energy rates.

The supplier is responsible for monitoring the system’s performance, maintaining its
cleanliness, and ensuring the availability of spare components. Preliminary data for July
2024 shows that the solar system generated 109.5 megawatt-hours (MWh) of electricity,

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