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Qatar Solar Energy Enters Global Market

DOHA, Qatar, June 8, 2014 /PRNewswire/ --

Qatar Solar Energy (QSE), a Qatar-based renewable energy company, today entered the solar market with its announcement of the largest solar technology development and manufacturing facility in the MENA region.  

The launch was attended by government officials, foreign dignitaries, industry and environmental leaders, and special guests attended the launch, which puts Qatar on the path to be one of the biggest producers of solar energy in the world. Environmental activist Robert F. Kennedy Jr. and Dr. Rajendra K. Pachauri, chairperson of the Intergovernmental Panel on Climate Change, spoke during the event.

     (Photo: http://photos.prnewswire.com/prnh/20140608/690639-a )

     (Photo: http://photos.prnewswire.com/prnh/20140608/690639-b )

QSE, in line with Qatar National Vision 2030 architected by H.H. the Emir Sheikh Tamim bin Hamad Al Thani, is delivering solar energy solutions and manufacturing solar products that will lessen the reliance of the economy on hydrocarbon fuel industries.

QSE's innovative model combines research, technology development, manufacturing, and project development and deployment under one roof, forming a fully integrated value chain from raw materials to the end-user. By promoting synergies between these areas, QSE allows for constant innovation and incorporation of the most advanced technologies in its products. Crucial to this process is the Al Jazari Center for Excellence, QSE's research institute that brings together the region's best minds.  

"Qatar Solar Energy is dedicated to democratizing sustainable energy by delivering environmentally responsible solutions to the world's pressing energy challenges. By lowering the cost, our technology will empower individuals and businesses with affordable electricity in developed and emerging markets," said Salim Abbassi, CEO of QSE. "This is a significant milestone for Qatar and proves that the region can be on the leading edge of an industry that will secure sustainable energy for future generations."

QSE also announced today that it signed agreements with Jermyn Capital to supply 150MW of solar power to the Japanese market and additionally with Power Capital to supply 150MW to the Thailand market. QSE was chosen as the solar provider of choice for its ability to deliver higher efficiency solar solutions at lower costs with plans to work together into the future with both companies on a range of solar power initiatives.

QSE has achieved 300 Megawatts of solar capacity on the way to further expanding production to 2.5 Gigawatts. To improve cost and efficiency QSE is collaborating with leading solar energy technology companies with specialization in ingot, wafer, cell, module, and deployment technologies. QSE is currently manufacturing patented innovative products specifically designed for sun-belt regions. QSE's products for emerging markets are designed to be of equal or better quality, reliability and performance than products available to developed markets. By lowering costs and increasing efficiency, QSE accelerates the democratization and use of renewable energy worldwide.

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