Solar energy Essay Example | Topics and Well Written Essays - 1000 words - 1

Solar energy - Essay Example There is huge potential of creation of jobs and establishment of allied manufacturing industries in the Arab countries. With the growth in the export demand of the solar thermal systems, prices are expected to decline. â€Å"A World Bank/African Development Bank CSP Investment Plan for the Middle East and North Africa (MENA) has secured $750 million from the $6.4 billion Climate Investment Funds to support the expensive start-up phase when costs of solar power are high and export markets undeveloped† (â€Å"Concentrated Solar Power†). TiSUN, the Austrian solar thermal system manufacturer manufactured the subsidiary TiSUN GCC FZC to serve the Middle Eastern markets. It has been more than twenty years since TiSUN has been creating and selling systems to utilize the solar energy. These solar systems offer fully independent and free solar energy that can be used for a variety of purposes including water heating, backup heating, and cooling. TiSUN is the solar heating specia list from Europe and its quote of export is almost 83 per cent (â€Å"Press Releases†). TiSUN founded the solar thermal system in the start of December 2011 in Dubai. ... Robin M. Welling, the CEO of TiSUN who is involved in the renewable energies’ economics in the Arabian markets explained this in these words, â€Å"The countries of the Arabian Gulf are among the sunniest regions in the world. With nine hours per day, the amount of sunshine is much higher than in any European country. This is one reason why the Middle Eastern countries provide the ideal conditions for the installation of solar thermal systems† (Welling cited in â€Å"Press Releases†). TiSUN G.C.C. FZC has been distributing the solar thermal systems in numerous Emirates since December 2011 that include Bahrain, Iraq, Oman, Qatar, and Saudi Arabia. Abu Dhabi currently has a large project on which TiSUN solar thermal systems are being installed. This project contains a total of 750 houses constructed on the area of six square kilometers, gardens containing pools, various commercial buildings and two private schools. In this area, 28 luxury houses for single families have been supplied with the TiSUN solar thermal system. This system provides the houses with environment friendly hot water. The TiSUN solar thermal system allows each house to produce energy for at least four individuals with the total area of collector surface being eight square meters and a provision of fresh water tanks with the capacity of 500 liters. Percentage of the TiSUN system’s solar fraction is 70. TiSUN G.C.C. FZC’s Managing Director, Bashar Muhtadi expresses his contentment with the positive developments with respect to energy in the markets based in the Middle East in these words, â€Å"The integration of solar heating systems in the modern building environment has become a standard in the MENA (Middle East + North Africa) region in the last three years –