Page 41 - DUBAL HOLDING PR REPORT - AUGUST 2024
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8/30/24, 9:50 AM PRESSR: DUBAL Extrusion Investment’s OSE Industries successfully completes rooftop solar power generation project — Trading…
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.
-Ends-
About DEI:
DEI (Dubal Extrusion Investment LLC) is a company owned 100% by Dubal
Holding LLC (www.dubalholding.ae ) and established in 2023 in Dubai, UAE to
invest and grow downstream Aluminium Extrusion related industry. With the
acquisition of Thermalex and OSE Industries, DEI supplies MPE Tubes for HVAC
and battery cooling applications required for the automotive industry.
For further information, please contact:
Orient Planet Group (OPG)
Email: media@orientplanet.com
Website: www.orientplanet.com
https://www.tradingview.com/news/reuters.com,2024-08-29:newsml_Zaw5gD8M6:0-pressr-dubal-extrusion-investment-s-ose-industries-successfully-c… 2/2