Page 8 - DUBAL HOLDING PR REPORT - AUGUST 2024

News Brief

DUBAL Extrusion Investment’s OSE Industries, successfully

completes rooftop solar power generation project

The project is poised to generate 1.1 gigawatt-hours (GWh) of clean electricity, capable of
powering a small town for several days to even a week in perspective

UAE, August 29, 2024: 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.