Energy generating solar glass launched in Dubai
First of its kind will revolutionize energy technology
Dubai Investments (DI) has revealed a revolutionary new coloured solar glass.
The launch of the glass, which is capable of generating energy on its own, coincides with the announcement of a new entity, Emirates Insolaire, which will introduce the new concept to the region and the world.
Emirates Insolaire is part of Glass, the glass pioneers in the Middle East, and a wholly-owned subsidiary of DI – the largest investment company listed on the Dubai Financial Market (DFM).
The solar glass will be produced at the Emirates Glass manufacturing facility in the UAE.
Khalid bin Kalban, managing director and chief executive officer of DI, said: “We are thrilled with the launch of this revolutionary solar glass technology here, which could literally transform the manner in which we use solar energy for our homes, offices as well as the commercial buildings. This is a significant paradigm shift in solar glass technology, and we see significant growth opportunities going forward as we accelerate market penetration.”
“In the coming 18 months we will be roughly spending around €2 million to purchase equipment that will help us boost production,” Kalban revealed.
The pioneering glass, which comes in virtually any colour, is optimized for both photovoltaic modules, which use cells to convert solar radiation into electricity, as well as solar thermal collectors. The glass provides a matte coloured, architecturally aesthetic appearance to solar panels, preserving more than 90 per cent of efficiency.
Emirates Insolaire is targeting 10% of the global solar glass market within a short period. Industry estimates reveal over a billion square meters of solar glass – both photovoltaic and thermal – would be installed across the world by 2015.
The solar glass generates electric power, has an aesthetic look and is highly sustainable. On one side, no material used in the technology causes any potential harm to the environment, while on the other side it allows all buildings to help promote sustainability by offering their façades and roofs for green energy production.
Each colored solar panel with KromatixTM technology can generate above 130 watts electric power per square meter on roofs or above 100 watts per square meter on façades. Approximately 2,000 panels on one building are capable of generating 200KW electric power.
The market was 40GW in 2010, representing 200m meters2 of glass, and has grown 40 per cent year-on-year. The number of installations foreseen for 2015 is 160GW, which is approximately 800m meters2 of glass.
The thermal solar glass market was 183m meters2 in 2006, and has been growing by 12% year-on-year since then. Emirates Insolaire is targeting 10% of the global solar glass market in the coming years. The company estimates that it will be selling 300,000m2 of solar glass in 2014.
Rafic Hanbali, chairman and CEO of SwissINSO, said: “The coloured solar glass technology is expected to become the norm and standards in the construction industry over the next three to five years, particularly when considering the present and expected growth of solar integration into buildings.