Page 40 - DUBAL HOLDING PR REPORT - AUGUST 2024

8/30/24, 9:50 AM PRESSR: DUBAL Extrusion Investment’s OSE Industries successfully completes rooftop solar power generation project — Trading…
PRESSR: DUBAL Extrusion

Investment’s OSE Industries

successfully completes rooftop

solar power generation project

Aug 29, 202415:06 GMT+4

UAE: DUBAL Extrusion Investment (DEI), a wholly owned subsidiary of DUBAL

Holding (DH), successfully completed the rooftop solar power generation

project (phase I) at OSE Industries, a local aluminium extrusion company owned
by DEI, reinforcing its commitment to sustainability and contributing to 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.

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