Recent SWHN news. Good to see they're getting contracts, $6.8 million worth! Can't believe they seem to have ignored the US stock. Surprising to me with the CEO owning over 60 million shares.
"Offering unmatched efficiency
The world’s first coloured solar panels maker Emirates Insolaire is making significant inroads in Europe and the Gulf as demand for energy-efficient solar technology surges
Emirates Insolaire, a pioneer in the development of new solar technologies, has till date achieved sale of 38,000 sq m of glass, about 15,000 panels of Kromatix solar glass and 28,000 panels of black glass/glass panels across the globe.
“There is a strong latent demand for building integrated photovoltaic solar glass, which is one of the specialities of Emirates Insolaire and we expect the growth trajectory to continue,” said Rafic Hanbali, managing partner of Emirates Insolaire.
Emirates Insolaire, a joint venture of Dubai Investments and SwissINSO Holding, manufactures the world’s first coloured solar panels. The company offers three families of products, namely: the Kromatix coloured solar glass for solar panels manufacturers (photovoltaic and thermal); finished ready-to-install photovoltaic solar panels, coloured and traditional non-coloured and consultancy and execution of turnkey projects for roofs, facades, carports and ground mounted panels – coloured as well as traditional non-coloured.
Hanbali: committed to growth “In Dubai, where all our Middle East projects are located for the time being, we have to deliver two facades, three roof tops, three carports and two ground-mounted installations, with total projects’ worth Dh25 million ($6.80 million),” Hanbali said.
The total projected capacity contracted to Emirates Insolaire in the Middle East region is about 5 megawatts (MW), representing 26,000 sq m.
“No installation has been finished yet in the Middle East, but the installations done in Europe are showing equal or better efficiency yield than projected as well as perfect integration and robustness. The first-of-its-kind coloured solar panels by Emirates Insolaire not only cuts down on greenhouse gas emissions but considerably reduces the utility bills. Each photovoltaic module of Emirates Insolaire offers unmatched efficiency, as it is capable of generating 170 to 190 watts per sq m for roof or 110 to 130 watts per sq m for facades,” he said.
“The solar panels are in line with the Dubai government’s initiative to use solar power as a renewable source of energy, and integral to the Dubai Clean Energy Strategy 2050. The strategy aims to provide 7 per cent of Dubai’s energy from clean energy sources by 2020, 25 per cent by 2030 and 75 per cent by 2050,” he added.
Emirates Insolaire’s growth strategy is three-fold, in view of the potential for its products in the region. These include:
• Geographical expansion particularly with finished products and turnkey projects, depending on the maturity of the country in the solar field;
• Focus on turnkey projects for housing, commercial and residential buildings as well as carports; and
• Producing the entire supply chain in Dubai as of February 2017.
Emirates Insolaire coloured solar panels
Since its products are first-of-its-kind in the world, Emirates Insolaire is committed to growth across the globe. The company’s expansion is currently focused on the region, North and South Americas, and introducing new solar products by mid-2017.
Emirates Insolaire is making significant inroads in Europe and across the Gulf as demand for energy -efficient solar technology surges. The company is expecting sales of 50,000 sq m of coloured Kromatix solar glass during the year. Global installations of photovoltaic modules are forecast to surge by 43 per cent in 2016 to hit a record level of 73 gigawatts (GW).
Emirates Insolaire has completed the installation of Kromatix Solar PV modules in Lausanne, Basel, Leysin, Austria and is currently installing 12,000 solar glass panels covering 6,600 sq m at Copenhagen International School Nordhavn in Denmark to create one of the largest photovoltaic buildings-of-its-kind in the world. http://www.gulfindustryworldwide.com/news/14014_Offering-unmatched-efficiency.html
Progress at the new Copenhagen school
"All the 12,000 solar panels have been mounted - and they're producing electricity, even in November! Check the live feed above and you will see the blue-green panels spreading like a mosaic on the facade at the center of the building, two stories up" http://www.cis.dk/welcome/the-new-campus