Mehmood-Ul-Hassan Khan
The UAE government is doing its levels best to achieve its alternative/renewable energy goals. In this regard, last week the third meeting of the Preparatory Commission of the International Renewable Energy Agency (IRENA) was held in the UAE. UAE Foreign Minister HH Sheikh Abdullah bin Zayed Al Nahyan while addressing the conference said “today the world has an international agency that is fully dedicated to diversify the use of renewable energy an international agency that takes care of renewable energy and seeks to deliver support to countries of the world for paving the way for sustainable use of renewable energy, widen the scale of using this energy across the world and consider all available options of investment and technology on renewable energy applications”. He further stressed that “as a major oil producer and host of IRENA seat in Abu Dhabi, the UAE is adding its voice to other countries to send out a message that we all believe in it and which says “we can’t rely on the energy of the past to make prosperity in the future”. He extended UAE full support to IRENA to enable it to deliver its commitments and help/guide countries to benefit from alternative/renewable energy development.
Foreign Minister HH Sheikh Abdullah bin Zayed Al Nahyan
HE Dr. Anwar Mohammed Gargash, Minister of State for Foreign Affairs has also reiterated UAE’s commitment to the mission of making IRENA, the International Renewable Energy Agency, an effective, relevant and tangible organisation of the world. He urged the member states to complete the ratification processes in their countries in order to bring IRENA into being.
HE Dr. Anwar Mohammed Gargash, Minister of State for Foreign Affairs
Commercial activities
The International Renewable Energy Agency, or IRENA, will cooperate with the Abu Dhabi Fund for Development, in setting out selection criteria for disbursing $50 million fund for renewable energy projects. Helen Pelosse, Director General of International Renewable Energy Agency (IRENA) praised the enormous support offered by Abu Dhabi Future Energy Company “Masdar” to establish IRENA in Abu Dhabi. Most recently, the Masdar, in association with Deutshe Bank, has raised $265 million in the first closing of a clean tech fund. It will be invested to build a first class FDI portfolio. It will be invested initially in expansion activities and later in companies in the clean energy power generation, storage, environmental resources, and energy and material efficiency sector. It has attracted investment from Siemens, Japan Bank for International Cooperation, Japan Oil Development Co. Ltd, which is subsidiary of INPEX Corporation, Nippon Oil Corporation, Development bank of Japan and GE. It is Masdar’s second fund, after it launched in 2008 a $250 million Masdar Clean Tech Fund. Other corporate players are Consensus Business Group, Credit Suisse and Siemens AG. The fund made investments into Solyndra, SIC Processing AG, HaloSource, DuraTherm, Europlasma, Sulfurcell solartechnek GMBH, HelioVolt, Abu Dhabi-based Enviromena and EnerTech environmental. Furthermore, a small pilot plant of solar energy has been completed at the site of Masdar City, the carbon-neutral development on the outskirts of the capital, and is already operating under researchers at the Masdar Institute of Science and Technology.
Masdar Initiative’s Salient Features
The Masdar Initiative was launched by the UAE in April 2006. The construction is being carried and it will be completed in 2015. The main goal of Masdar is to advancing the development, commercialisation and deployment of renewable and alternative energy technologies and solutions in the UAE. It is a key element of the Abu Dhabi 2030 Plan and the government of Abu Dhabi’s strategic policy framework.
The initiative will include projects targeting solar, wind power and hydrogen fuel, and reduction and management of carbon emissions. The UAE’s government has its own tremendous alternative energy policy. Abu Dhabi’s seven percent renewable energy target and the Masdar initiative (the world’s first post-graduate engineering programme in alternative energy) are the two main features of its alternative energy policy. A US$250 million Masdar Clean Technology Fund established which is now financing renewable energy research projects conducted by private companies. The UAE is also establishing the Zayed Future Energy Prize to honour individuals and organisations from throughout the world for excellence in innovation, development and implementation of sustainable energy solutions.
UAE Expected Benefits
It is estimated that the renewable energy would generate $6-8 billion (Dh22.02bn) in alternative energy infrastructure development, which will incentivize local as well as businessmen and investors too to invest in the UAE. It seems that alternative/renewable energy is an excellent choice for economic diversification in the UAE. It is hoped that the Abu Dhabi-based solar integrator, renewable energy and clean energy sector would help revive and protect nations’ environmental and economic health.
It is predicted that in the ongoing global economic recession millions of people may get jobs in the renewable energy sector around the globe. According to the report by European Renewable Energy Council (Erec) the renewable energy would create more than 2.7 million new jobs. So, it is the case of UAE. Germany, Japan, Greece, India and California are the prime examples in this regard. It is projected that renewable energy would provide about 30 per cent of the world’s energy by 2020.
Renewable energy’s multiplier effects
Majid Al Mansouri, secretary general of Environment Agency says that the UAE plans to generate seven per cent of its energy requirement from renewable sources such as solar and wind power by 2030. It is predicted that alternative/renewable energy would have multiplier effects on humanity, society, business, economy, nature, and politics in the years to come.
(a) Reduction of carbon emission. Increase in agro-productivity
(b) Easy and smooth means of energy
(c) Reduction of cost of production
(d) Effective control on deteriorating levels of climate change
(e) Creation of millions of new
Global Scenarios
There is a growing boom in the world for searching alternative/renewable energy and the UAE is not an exception. It is a well-known fact that renewable energy contributes by 11% to main energy output today, while the total energy used from renewable energy sources is expected to amount to 60% by 2070. United Arab Emirates is taking all possible measures to have different alternative/renewable energy resources in its country not confined only to solar, wind, thermal and green. The UAE is investing more than putting US$ 22 billion into an alternative/renewable energy and clean technology initiative to establish itself as the regional and global centre of future energy solutions.
Conclusion
From business to nature, and from rule to be ruled, UAE is achieving new skies of perfection, commitment, cooperation and coordination and same is true in case of alternative/renewable energy sector. With strong political commitments of its visionary leadership it is hope that UAE will achieve its targets of having alternative/renewable energy in the days to come.
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Kind Regards,
Omer Zaheer Meer
ACCA (UK), BSc (Hons) (UK), CAT (UK), Adv. Financial Diploma (UK),
Certified Anti-Money Laundering Specialist (UK) & Certified CSM (LCCI & SMEDA – PAK)
Professional Associations: PRIMA (USA), ACCA (UK), PRMIA (USA), UKSIP (UK), CFAI (USA), LCCI (PAK) & MPDD (PAK)
Dear Sirs\ Mis, our company is interested in quickly attracting venture
funding to finish work on the technology of production of
solar modules with high efficiency. Nizhi request for funding and in the
annex to the letter the results of our work in the form of a report
We offer more detailed information on our company and demand for grant
capital funding in the amount of – $ 3000 000.
Inventor of.
Company- SOLARUS ENERGY Ltd
Address – 454080 RUSSIA, 52 \ 74 St. VOLODARSKOGO, CYTY CHELYABINSK
CONSTRUCTION TECHNOLOGY – technology perfected laboratory,
to manufacture industrial design and conduct an independent test.
REQUIRED AMOUNT OF VENTURE FINANCING – $ 3000 000.
The additional informationFinancing term – 18 months. Return of the
investor – in the course
10 days after the expiration of funding.
PROPOSAL FOR COOPERATION for venture investors
After production of the industrial design and an independent test, we
propose % Of revenue from the sale of technology.
COMMERCIALIZATION developed technology.
Our technology has a wide range of potential buyers.
This technology allows all companies to manufacturers of solar modules
very easy to integrate our technology into an existing, technological
complex. It is planned to implement the technology on a territorial basis –
right to the technology will be limited to use by the buyer on the
Territories
and obemu release.
INFORMATION TECHNOLOGY
At present the main trends in development by improving the efficiency of
photo electric plates in the application of new non-silicon materials.
So a few days ago, the Japanese company Sharp after 9 years of work
reported the creation of a prototype battery that runs without a hub, but
the efficiency of which is 35,8%.
New uses for electricity generation several photo-absorbing layers, united
among themselves. The substrate is made of battery connections on the basis
of indium and gallium. The properties provided by the battery is quite close
to those used in the aerospace industry. Talking about the mass use will not
have developers in the coming years to address issues of cost reduction and
a number of technological problems.
Our company has gone a different way:
1. We left a substrate of mono silicon.
2. on the surface of the substrate of mono silicon, we have consistently
strike a few
layers of thickness 50-100 nano meter (materials that are applied is our
know-how) –
* Main layer of nano-size mono atomic amorphous silicon, is a very active
state of amorphous silicon. In this layer, the speed of motion of electrons
is several times higher than the standard Cell-based silicon. And as this
layer is able to convert into electrical energy is not only the visible part
of the spectrum of sunlight and ultra violet and infra red radiation. Mono
atomic amorphous silicon produced by quantum chemical engineering at a
temperature of 20 degrees Celsius.
Properties of mono atomic amorphous silicon are truly unique.
Cost to automobile 1 gr. This material does not exceed $ 100.
At the same time using 1 gr. mono amorphous silicon can cover 10 square
meter
photovoltaic plates.
* extreme layer is an anti-reflecting the carbon coating.
Total efficiencies achieved over 35%.
If you compare the cost of Sell-based mono silicon efficiency 16%
Cell produced by our technology with efficiency over 35%, our Sell more
10-15% while the efficiency of our Sell more than 2 times better.
While improving the technology and equipment we can achieve efficiency of
50% and above
.
The characteristics of our products:
Specification
Dimension :156mm x 156mm ± 0.5mm
Thickness :203 mc.m ± 0,5 mc.m, 180 mc.m ± 0,5 mc.m
Front :2.0 ± 0.1mm busbar (silver)
Silicon nitride antireflection coating
Back 3.0mm continuous soldering pads (silver)
Back surface field (aluminum)
Efficiency – 35%
Power : 6,5 watt
Color uniformity A, grade
In addition to the use of solar energy nanoscale mono atomic amorphous
silicon and its application of our technology has great prospect of
application in the electronics industry.
When applying this material for silicon-based chip, we seek to increase
speed and memory in the old scale of the chip.
We have plans to use this technology in other areas – space, medicine ..
To maintain the pace and timing of the completion of the production of
industrial prototypes
we raise $ 3000 000. In bringing this amount to 10 November 2010 we will
pilot an industrial design in December 2011.
We are interested in quickly attracting investment.
respect
general director SOLARUS ENERGY LTD
VLADIMIR KARASEV
Address: VOLODARSKOGO 52\74
City: CHELYABINSK , RUSSIA
Zip: 454080
Country: Phone: 7 919 4026295
Fax: 7 35151 3-38-02
Email: vladimirkarasev1@gmail.com