Page 39 - DUBAL HOLDING PR REPORT - AUGUST 2024

8/30/24, 9:50 AM Latest News
the UAE’s renewable energy goals.

The rooftop solar power project, executed by Emirates Electrical Engineering LLC, went live in the beginning
of July and is located on the roof tops of buildings 1 and 2 of the OSE plant. With a rated capacity of 633

kilowatts peak (kWp), the system is expected to generate 1.1 gigawatt-hours (GWh) of clean electricity
annually. The project is estimated to produce up to 12% of OSE Industries annual electricity power needs. In

terms of its environmental impact, the annual generation of 1.1 GWh of clean electricity can power a small
town for several days or even a week, significantly reducing carbon emissions by 440,000 Kg CO2 e and

promoting sustainable practices.

Phase II of the project, covering the remaining buildings and service areas, is currently planned to be

commissioned in 2025. The project exemplifies DEI’s commitment to advancing the UAE’s sustainability
initiatives, including the DEWA SHAMS Dubai Initiative, Dubai Clean Energy Strategy 2050, and UAE Net

Zero 2050.

The project was executed under a Solar Lease Agreement, which eliminates upfront costs and ensures a

hassle-free approach with regard to operation, maintenance, and affordable energy rates. The supplier is
responsible for monitoring the system’s performance, ensuring its cleanliness and maintenance, as well as

availability of spare components. Preliminary data for July 2024 illustrates that the solar system produced
109.5 megawatt-hours (MWh) of electricity, 12 % of monthly demand, and contributing to a reduction of

carbon emissions of 43,800 Kg CO2 e.

The rooftop solar power project installation is a testament to DEI’s dedication to environmental responsibility
and sustainable business practices. As the UAE continues to evolve and prioritise renewable energy, DEI is
poised to support this major transition and play a pivotal role in shaping a sustainable future for the nation.

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