dubal invests dhs20m in solar park
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
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Dubal invests Dhs20m in solar park

Egypt Today, egypt today

Egypt Today, egypt today Dubal invests Dhs20m in solar park

Dubai - Arabstoday

Dubai Aluminium (Dubal) is playing an active role in specific initiatives to fulfil Dubai Integrated Energy Strategy 2030 (DIES 2030) through an investment of Dhs20 million in the Sheikh Mohammed Bin Rashid Solar Park announced by the Dubai Supreme Council of Energy (DSCE) in February 2012, the company said in a statement on Monday. Phase I of the Sheikh Mohammed Bin Rashid Solar Park will yield 10 MW by 2013 and the project will be scaled-up in successive phases to produce 1,000 MW by 2030. Announced by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, DIES 2030 addresses both demand abatement and adequacy of energy supply; and its fulfillment has been mandated to the DSCE. In addition, Dubal is also participating in a feasibility study relating to the establishment of clean coal-fired power stations in the UAE. Being an extremely electricity-intensive industry, a continuous supply of energy is critical for business continuity at Dubai Aluminium  - the entirely state -owned corporation that operates the world’s largest single-site primary aluminium smelter using pre-bake anode technology. Moreover, as a member of the DSCE, Dubal has implemented the energy demand abatement directives that were issued to all DSCE member companies in April 2011, and is on track to achieve total energy-savings of 22,317,240 kWh per year by 2013. The DSCE’s directives complement the energy-conscious culture nurtured at DUBAL, which has led over the years to significantly lower energy consumption levels. For example, by improving productivity and advancing the technologies within its Potline Operations, Dubal has achieved a substantial reduction in the energy needed for electrolysis compared to 1990, resulting in average smelting energy consumption (measured in MWh/t) below the industry norm. Furthermore, efforts focused on improving the thermal efficiency of the Dubal Power Plant have led to increased power generation to produce hot metal, while the fuel requirement increment is proportionately less - with direct environmental benefits in terms of fossil fuel combustion and associated environmental emissions. These energy performance trends at Dubal provide further evidence of the company’s commitment to and substantial contribution to fulfilling DIES 2030. “At Dubal, we are acutely aware of our corporate responsibilities towards the environment and society. By closely monitoring and continually striving for improvements in our energy consumption levels, we aim to minimise the combustion of fossil fuels by our operations and the associated emissions into the atmosphere,” says Abdulla Kalban, President & CEO. “Dubai’s investment in renewable energy sources offers an important opportunity to achieve Dubal’s corporate goals in this area, while contributing to the overall sustainability of our nation. In the longer-term, it should also help DUBAL reduce the energy component of our production costs, which can account for up to 30 per cent; and offer greater security in terms of energy-availability.” Dubal is a major supplier of foundry alloy to the Far East’s automotive industry, a significant supplier of extrusion billet for construction markets and a preferred supplier of high purity primary aluminium for use in the electronics and aerospace industries. They produce more than 330 individual products, many of which are made to customer specifications for discerning clients in three broad categories: billets, foundry alloys and high purity ingots. In 2010, Dubal manufactured 1,043,104 metric tonnes of quality finished aluminium products and sold a record 1,015,520 metric tonnes to clients in more than 45 different countries. Door-to-door deliveries on a “just in time” basis to clients in Europe, North America, the Middle East and GCC countries are achieved using a vast network of reputable metal handling forwarders and logistics companies. An estimated 92 per cent of Dubal’s annual production is exported to global markets - from China to North America. An excellent infrastructure in terms of transportation, port facilities and prompt document processing and clearance, all contribute to a growing international presence

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dubal invests dhs20m in solar park dubal invests dhs20m in solar park



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