Dubai Investments harnesses renewable energy in its operations – The National

Dubai Investments harnesses renewable energy in its operations – The National

Dubai Investments, a diversified company in which sovereign wealth fund Investment Corporation of Dubai holds a stake, is taking steps to harness renewable energy to power its operations as part of its ongoing sustainability practises.

The company will partner with TotalEnergies to install solar panels on its glass-manufacturing facilities Emirates Glass and Lumiglass Industries in the UAE, which is expected to reduce carbon emissions by approximately 1,200 tonnes annually or the equivalent of planting about 30,000 trees.

"The rooftop solar panel installation at both Emirates Glass and Lumiglass facilities is an extension of the sustainable initiatives and is aimed at reducing the reliance on grid-energy as well energy costs. These solar panels are expected to generate around 2,800 megawatt-hours (MWh) of green energy per year from these two locations”, said Rizwanulla Khan, executive president of Emirates Glass and Lumiglass Industries.