New AED 55 Million Solar Panel Plant To Rise In Abu Dhabi's KEZAD

Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Abundance Solar Panels Industries, based in the UAE, have signed a 50-year land lease agreement. This deal will facilitate the development of an advanced solar power plant in KEZAD Area A – Al Ma'mourah. The project, with an investment of AED55 million, aims to manufacture solar panels and integrated photovoltaic modules for various industries seeking energy-efficient solutions.

The plant will cover over 27,000 square metres and is a significant milestone in KEZAD’s efforts to support new-energy environments. This initiative aligns with AD Ports Group’s strategic vision to promote renewable energy and lead the UAE towards achieving net zero emissions. The facility will utilise cutting-edge solar panel technology within a sustainable ecosystem, reflecting KEZAD Group's commitment to environmental stewardship.

Mohamed Al Khadar Al Ahmed, CEO of KEZAD Group, expressed enthusiasm about the project. He stated, "We welcome the establishment of Abundance’s solar panel plant. The project aligns with our leadership’s vision for innovation in sustainable economic development as well as KEZAD Group’s goals of driving industrial development responsibly and sustainably in the emirate of Abu Dhabi."

Sunil Madhok, Founder of Abundance Solar Panels Industries, highlighted the inspiration behind their venture. He said, "Encouraged by the vision of UAE’s leadership to drive innovation and excellence in sustainable manufacturing, we are setting up a fully automatic plant for solar panels manufacturing to offer our humble contribution to Abu Dhabi's green future."

The solar panels produced at this facility will harness solar energy to generate power, contributing significantly to building eco-friendly energy systems. This initiative is central to KEZAD Group's industrial strategy, which focuses on fostering green technologies and sustainable business practices. The establishment of this plant is expected to enhance energy security and play a crucial role in shaping Abu Dhabi's energy future.

The agreement between KEZAD Group and Abundance Solar Panels Industries underscores a shared commitment to innovation in sustainable economic development. By leveraging advanced technology and promoting environmental responsibility, this project aims to set a benchmark for future developments in renewable energy within the region.

This collaboration not only supports KEZAD’s mission but also aligns with broader national goals of transitioning towards renewable energy sources. It represents a significant step forward in achieving sustainability targets and fostering an environment conducive to green technologies.

The new solar power plant is poised to become a hub for green technologies, reinforcing KEZAD Group's dedication to responsible industrial growth. By integrating advanced photovoltaic modules into various industries, it aims to create a more sustainable ecosystem while supporting Abu Dhabi's green agenda.

With inputs from WAM