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ENEC Recognizes Stakeholder Commitment During Virtual Forum…

- Attendees updated on the ongoing progress at Barakah Nuclear Energy Plant  - Case studies demonstrated strong collaboration between entities to ensure highest international safety and quality are met amidst COVID-19 challenges.   Abu Dhabi, UAE – 25 November 2020: The Emirates Nuclear Energy Corporation (ENEC) hosted a virtual Stakeholder Forum, bringing together stakeholders from a diverse range of UAE organizations to celebrate joint success of their ongoing collaboration, as well as providing the latest progress updates on the Barakah Nuclear Energy Plant.   The event is an integral component of ENEC’s efforts to recognize the significant and diverse contributions of its stakeholders, ranging from key government entities and regulatory authorities to media organizations and academic ......read more

Empower attends UN Meetings on Energy and Environment…

Dubai, UAE, 23 November 2020:  Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, participates in a series of sessions on the sidelines of the twelfth Conference of the Parties (COP 12) to the Vienna Convention for the Protection of the Ozone Layer and the 32nd Meeting of the Parties (MOP 32) to the Montreal Protocol on Substances that deplete the Ozone Layer , being held during November 23-27, 2020, through virtual platforms in the context of Covid-19 pandemic. Empower has also participated in the Annual Partners Call of the global project of United Nations Environment Program, the ‘District Energy in Cities Initiative’ (DES Initiative). The session was held in the beginning of this month over digital platform.  Empower is one of the key ......read more

Trina Solar Renews the Global Brand for Its Tracker Business…

United Arab Emirates -  November 23, 2020:  Trina Solar Co., Ltd. (“Trina Solar” or the “Company”), a leading global PV and smart energy total solution provider, today announced the renewal of its global brand for tracker business, as well as integrate and upgrade its business system and channels, so as to make full use of and strengthen Trina Solar's brand influence and bring better service and more added value to global customers. In May 2018, Trina Solar acquired a 51% stake in Nclave, a well-known Spanish tracking solution provider with the remaining 49% stake acquired in July this year. After the acquisition, Nclave became a wholly owned subsidiary of Trina Solar marking the first successful merger and acquisition of an overseas tracker company by a Chinese photovoltaic company. As ......read more

Unit 1 of Barakah Nuclear Energy Plant Reaches 80% Power as Power Ascension Testing Continues…

- Power Ascension Testing (PAT) conducted under the oversight of the UAE’s independent nuclear regulator, the Federal Authority for Nuclear Regulation (FANR)   18 November 2020 – Abu Dhabi, UAE:  Nawah Energy Company (Nawah), the Joint Venture nuclear operations and maintenance subsidiary and Korea Electric Power Corporation (KEPCO), announced today that the reactor of Unit 1 of the Barakah Nuclear Energy Plant has achieved 80% of the Unit 1 reactor’s rated capacity power.   The milestone is an important step in the ongoing Power Ascension Testing (PAT) of Unit 1, which involves slowly raising the reactor power levels while collecting data and tuning control and safety systems. Throughout this process, the systems of Unit 1 are monitored and tested to ensure their compliance with national ......read more

Siemens Energy Signs Agreement to Develop Afghanistan as an Energy Hub…

• Implementation will improve access to reliable, efficient, and sustainable electricity • Will incorporate renewable energy resources  • Aims to develop Afghanistan as a central Asian energy hub   United Arab Emirates -  November 17, 2020:   Siemens Energy has signed a multi-phase agreement with Afghanistan to establish the country as an energy hub in central Asia by developing a modern, sustainable, and cost-effective power system, incorporating the massive potential of renewable energy generation.   The agreement was signed by Abdul Habib Zadran, Deputy Minister of Finance, Mahmood Qadri, current Acting Director and Director of Finance and Administration Department of Da Afghanistan Breshna Sherkat (DABS), and Khan Mohammad Takal, Head of Energy Services Authority, in ......read more

GCC's Oil and Gas Upstream Value Chain Carbon Emissions Estimated to Increase by 20 to 30 Percent in the Coming Decade if Steps Are Not Taken…

GCC oil and gas players have started to move in the right direction towards a cleaner future and must continue their efforts to  decarbonize their operations   Dubai, UAE, November 15, 2020:  The era in which oil and gas (O&G) companies must demonstrate the carbon-neutral operational capacity of new portfolio assets looms ever-closer, and GCC operators must act now to establish sustainable decarbonization strategies, according to a new report by Boston Consulting Group (BCG). The report, titled ‘A Decarbonization Roadmap for Upstream Oil and Gas,’ explains how firms can reduce their carbon footprint in response to pressure from stakeholders and regulators, build a stronger brand, and drive evolution across the industry.    Data from BCG’s proprietary decarbonization tool show ......read more

Oil and Gas Industry Has ‘Historic Opportunity' to Lay Foundations for More Sustainable Future, UK Minister tells ADIPEC 2020 Virtual…

$15 trillion-worth of investment expected to be made in new power capacity globally by 2050 Clean growth presents biggest economic opportunity of the 21st century for nations worldwide  Abu Dhabi, UAE – November 12, 2020:  The global oil and gas industry has an “historic opportunity” to lay the foundations for a more sustainable future, the Abu Dhabi International Petroleum and Conference (ADIPEC) 2020 Virtual - the world’s largest online gathering of oil and gas industry players - has heard.              In his address at ADIPEC’s Strategic Virtual Conference, the UK Minister for Exports, Graham Stuart, made the comment as he warned “the price of inaction could not be greater as we face an existential battle to keep global mean temperature below ......read more

Indonesia Throws Open Doors for Energy Investment…

Energy Minister outlines ‘huge’ up and downstream potential at ADIPEC 2020 Virtual 68 unexplored offshore basins to be auctioned next year Gas will account for 24% of Indonesia’s energy mix by 2050 Abu Dhabi, UAE – November 12, 2020:  Indonesia is throwing open its door for increased investment in its oil and gas sector and will auction 68 unexplored offshore basins next year, according to His Excellency Arifin Tasrif, Indonesia’s Minister for Energy and Mineral Resources. Speaking at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2020 Virtual Strategic Conference - the world’s largest online gathering of energy industry leaders – Tasrif delivered a bullish outlook for Indonesia’s oil and gas investment potential. “Indonesia is open for ......read more

ENEC and the United States Department of Energy…

Discuss Cybersecurity Cooperation Opportunities in Energy Sector   Abu Dhabi, UAE – 12 November 2020: His Excellency Mohamed Ibrahim Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC), yesterday held virtual talks with Mr. Mark W. Menezes, U.S. Deputy Secretary of Energy, to discuss the latest developments in the energy sector and identify areas of cooperation. His Excellency Mohamed Ibrahim Al Hammadi held discussions with the U.S. Deputy Secretary of Energy, in the presence of the U.S. Ambassador to the United Arab Emirates, John Rakulata, regarding cooperation opportunities for the peaceful uses of nuclear energy, including cybersecurity collaboration. During the meeting, ENEC emphasized its commitment to working with international partners, and to build successful ......read more

First Half-Year Momentum Continues as Revenues and Profits Rise Steadily…

Dubai, United Arab Emirates, November 11, 2020:   Trina Solar Co., Ltd. (688599) today released its third-quarter reports for 2020, revealing that first-half momentum has held up, with revenues and profits both rising steadily. In the first three quarters, the company reported total realized income of RMB 19.93 billion, a year-on-year increase of 18.66%, with third-quarter realized income accounting for RMB 7.38 billion. Shareholders enjoyed a stake in realized net profits of RMB 832 million, a year-on-year increase of 118.94%. Jifan Gao, chairman and CEO of Trina Solar, said: “Since the start of the year, the PV industry has faced various challenges and considerable market turbulence. All of our Trina people are united in their commitment to creating value for customers based on a strict customer-centric ......read more

Baker Hughes announces relocation of Surface Pressure Control Projects headquarters to Abu Dhabi…

Strategic move allows more proximity to some of the world’s largest oil producers Nov. 10, 2020 - Baker Hughes announced that it has moved its Surface Pressure Control Projects business (SPC Projects) headquarters from Houston to Abu Dhabi, bringing its operations closer to some of the company’s strategic customers and oil producers globally. The move will ensure better alignment on strategy, decision-making and implementation of projects. The announcement comes during the same week as the virtual ADIPEC 2020 event and builds on Baker Hughes’ 2019 opening of a wellheads facility in Abu Dhabi. By bringing the headquarters closer to one of its largest Pressure Control manufacturing sites in Saudi Arabia, the SPC Projects business will be better suited for future growth and expansion. SPC Projects is a part of the ......read more

Yahsat Announces Pmo for Thuraya 4-NGS Satellite Programme…

The PMO will oversee the delivery of Thuraya 4-NGS using Yahsat’s experienced Emirati workforce, while in parallel developing more UAE citizens to lead future space and satellite programmes   Abu Dhabi, UAE, 9 November 2020: The UAE-based global satellite operator, Al Yah Satellite Communications Company (Yahsat) has established a Programme Management Office (PMO) for Thuraya 4-NGS, its new L-band satellite being built by Airbus. Thuraya 4-NGS, announced in August this year, is part of a US$ 500 million programme that will transform Thuraya’s space and ground systems and enable its next generation products and solutions portfolio.  Yahsat has picked six male and female Emirati engineers from its Technology Department to form the PMO, which will oversee the design, assembly, integration and testing phases of ......read more

Trina Solar Launches 405W+ Vertex S Module Series with an Expected Capacity of 15GW in 2023…

Universal solution for residential and commercial applications, the Vertex S boasts ultra-high performance despite its small size profile Dubai, United Arab Emirates - November 5, 2020: Trina Solar, a leading global PV and smart energy solution provider, announced the launch of Vertex S, the latest in their high-efficiency PV module series for residential and commercial rooftop applications. The new series features innovative Vertex technology to increase the output power of distributed energy products beyond 405W. Vertex S is a universal solution intended for distributed photovoltaic power plants, available in a range of customizable options, and caters to the needs of both residential and commercial customers. Following in the wake of ground-based power plants, the distributed comprehensive upgrade to the 405W Vertex technology ......read more

Schneider Electric Gulf Wins Best Employee Benefits & Well Being Strategy Award in Private Sector…

Company wins at the 8th Gov HR Summit for its holistic focus on employee wellbeing over the past five years  Dubai, UAE, 27 October 2020:  Schneider Electric has won the Best Employee Benefits and Well Being Strategy Award for the Private Sector at this year’s GCC Gov HR Summit. The judges commended Schneider Electric for its holistic approach to its employee wellbeing over the past five years; they called out the company’s five-pillar programme that supports employees with their physical, mental, emotional and social wellbeing. The GOV HR Summit 2020 is the Gulf’s signature event for human resource professionals from both the public and private sectors. The summit brings together HR professionals from across the region with the aim of sharing and highlighting best practices. This year’s event ......read more

Trina Solar's Vertex 600W+ Series Modules Obtained the Industry's Worldwide Recognized IEC Certifications…

Dubai, United Arab Emirates – 26th October:  Trina Solar Co., Ltd. (“Trina Solar” or the “Company”), a leading global PV and smart energy total solution provider, announced recently that the Vertex 600W and 550W series of glass-backsheet and dual-glass modules passed the TÜV Rheinland Photovoltaic Module IEC standard serial test and obtained two certificates, IEC 61215 and IEC 61730. The Vertex series became the first 600W+ high-power PV module that achieved IEC certifications in the PV industry. Trina Solar’s Vertex modules (600W & 550W), using 210mm size cells, have the characteristics of high power, high efficiency and high reliability, suitable for large-scale ground mounted PV power plants and large industrial and commercial rooftop projects. Besides Trina Solar's leading ......read more

Hitachi ABB Power Grids Acquires Pioneer Solutions and Strengthens Energy Portfolio Management…

Acquisition will expand Energy Market Operations offering and empower energy market participants with leading digital capabilities to navigate the evolving regulatory environment and renewable energy goals.  DUBAI – October 21, 2020: Hitachi ABB Power Grids has signed a definitive agreement to acquire US-based Pioneer Solutions, a provider of industry-leading front-to-back-office Commodities/Energy Trading and Risk Management (C/ETRM) solutions, headquartered in Denver, Colorado, USA. This expansion will give the business the most comprehensive offering in the market. The acquisition is expected to close in the fourth quarter of 2020.  Pioneer Solutions has been recognized as an industry leader, being named in the top five of Energy Risk’s Software Survey & Rankings for the past seven years. The company ......read more

HVAC Trends That Are Reshaping the Industry…

Sustainability, Efficiency, and Millennials are Driving New Innovation and Development    United Arab Emirates,  October 19, 2020:   HVAC innovations and advancements continue to reshape 2020, with many new trends across the industry set to impact businesses in the coming months and years ahead.  Specializing in quality HVAC product, LG Electronics (LG) strives to continuously innovate and deliver solutions that make life easier, greener, and more efficient.  As the industry continues to grow at a remarkable rate, Mr. Suraj Kumar, Technical Manager – Air Solutions, LG Electronics Gulf shares the top HVAC trends influencing innovations in air solution technology: A Push for Greener Solutions  Environmental awareness and the need for more eco-friendly solutions and services ......read more

Emicool Becomes an Active Member of the First Association of District Cooling Operators; Supports Efficient District Cooling…

Emicool’s green initiatives include using hybrid solar power to plants and implementation of advanced electric vehicle fleet    Dubai, UAE, October 13th, 2020: Emirates District Cooling (Emicool) LLC, a leading district cooling service provider in the region and a wholly owned subsidiary of Dubai Investments, has announced becoming an active member of the Dubai Supreme Council of Energy’s first Association of District Cooling Operators, extending full support in raising efficiency of district cooling plants to improve water and electricity consumption in the emirate of Dubai.  “According to industry reports, the global DC Sector is set for growth in the coming years and it becomes vital for government and the utility providers to streamline the process towards greener, more environmentally ......read more

Bosch Launches Highly Resilient EVO Spark Plugs in the Middle East…

Specifically, for turbocharged gasoline direct-injection engines    Robust spark plugs for particularly high demands  Spark-plug know-how, production competence and experience since 1902  Bosch spark-plug technology for a wide range of applications    Dubai, United Arab Emirates – October 05, 2020:  Today, Bosch announces the launch of highly resilient EVO spark plugs in the Middle East. Modern turbocharged gasoline direct-injection engines place particularly high demands on their spark plugs’ resilience and reliability. The new Bosch EVO spark plug is a particularly a robust spark plug engineered to reliably ensure a stable ignition throughout its long service live – even if it is subject to the extreme conditions it faces in modern engines. Thanks to its ......read more

Vertex 550W Modules Go Into Mass Production…

Dubai, United Arab Emirates – October 01, 2020:   Trina Solar announces that its mass production of Vertex 550W ultra-high-power modules in Yancheng, Jiangsu province, has begun with the opening of a new manufacturing plant. The new Vertex factory was completed in 2020. It is equipped with advanced equipment and industrial facilities, and highly automated and intelligent operating systems. The mass production of the 550W module is a milestone in speeding up the industrialization of ultra-high power module technological innovations and their application. Vertex 550W ultra-high power modules contain three key advanced technologies, including multi-bus grid, non-destructive cutting and high-density packaging. At the beginning of this year Trina Solar launched the Vertex 500W+ module. Not only does this ensure high ......read more

Empower Successfully Concludes its Summer Campaign 'Set your AC at 24°C Auto and Save'…

Dubai, United Arab Emirates, 28 September 2020:  Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced the successful conclusion of its summer campaign, which was launched in June this year under the slogan 'Set your AC at 24°C Auto and Save'. The aim of the campaign was to encourage Empower customers to rationalize energy consumption during summer by setting their air- conditioner thermostat at 24°C, which helps them to save in their monthly bills and to play a role in protecting the environment, saving energy and conserving the natural resources. The campaign targeted different customers in residential and commercial buildings that Empower serves with its district cooling, with a total of 120,000 customers.   The company renewed ......read more

Trina Solar's Vertex 600w/550w Series Ultra-High Power Modules Pass Tüv Rheinland's Comprehensive Reliability Test…

Dubai, United Arab Emirates - September 27, 2020: Trina Solar Co., Ltd announced that the company's Vertex 600W/550W series ultra-high power modules had passed the comprehensive reliability test by TÜV Rheinland. This is another major breakthrough and milestone after Trina Solar was granted both the IEC 61215 PV module performance standard and the IEC 61730 PV module safety standard certificates in March 2020.  Based on Trina Solar's superior multi-busbar technology, the Vertex series adopted a low voltage, high string power design and integrated advanced technology solutions including non-destructive cutting and high-density cell interconnect technology, significantly enhancing both micro-crack and heat spot resistance performance while further reducing system costs and the levelized cost of energy (LCOE). The ......read more

Executive Council Issues a Resolution Transferring Ownership of Emirates Nuclear Energy Corporation (ENEC) to ADQ…

Executive Council issues a resolution transferring ownership of Emirates Nuclear Energy Corporation (ENEC) to ADQ   Abu Dhabi, United Arab Emirates, September 24, 2020:  Abu Dhabi Executive Council has issued a resolution transferring ownership of the Emirates Nuclear Energy Corporation (ENEC) to ADQ. Transferring ENEC’s ownership shall not affect licensing, permissions, exceptions and approvals from federal and local government entities regarding ENEC, nor any of its affiliated companies.  In addition, the resolution shall not affect the obligations and responsibilities of ENEC, nor any of its affiliated companies, including Abu Dhabi government’s obligations towards the ENEC, including contracts, agreements and warranties approved prior to the issuance of this resolution. The resolution ......read more

Unit 1 of Barakah Nuclear Energy Plant reaches 50% Power as UAE Delegation Participates in 64th IAEA General Conference…

- Milestone achievement announced during the UAE side event held on Tuesday, 22 September at the 64th IAEA General Conference in Vienna - 50% power achieved as part of the Power Ascension Testing (PAT) of Unit 1 of the Barakah plant, an important step towards commercial operations   United Arab Emirates,  September 22, 2020:   Nawah Energy Company (Nawah), the Joint Venture nuclear operations and maintenance subsidiary of the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO), announced today that the reactor of Unit 1 of the Barakah Nuclear Energy Plant has achieved 50% of its electricity production capacity.    The milestone achievement was announced on the sidelines of the 64th Annual Regular Session of the IAEA General Conference in Vienna, where ......read more

WCU: Saudis Talk Up Oil; Strong Grain Momentum Continues…

September 20, 2020:  The Bloomberg Commodity Index, which tracks a basket of major commodities spread evenly across energy, metals and agriculture, traded higher for the first time in three weeks. A softer dollar, continued buying momentum among major U.S. crop futures and a Saudi-fueled bounce in oil products, together with Chinese economic optimism all helped support a week of broad-based gains across all three sectors. Gold traded quite passively with ‘algo’ traders currently in charge, something that for now has resulted in an unusually high positive correlation with the movements in the S&P 500 index.  Crude oil and fuel products led from the front as the sector recovered from the recent correction. The OPEC+ meeting saw a strong attack from the Saudi oil minister on members cheating on quotas and ......read more

Other Top Stories from Energy, Oil & Gas
 
Daikin announces appointment of new Chairman & President for Middle East & Africa…

Continuing our mission to grow and strengthen the regional presence 29th November 2020 – Daikin, the leading global innovator and provider of advanced, high-quality air conditioning, heating, ventilation and refrigeration (HVAC-R) products and solutions for residential, commercial and industrial applications, has announced the appointment of Masaaki Miyatake as the new Daikin MEA ......read more

ADNOC Distribution Joins Key UAE Suppliers Qualified to Provide Nuclear Quality Products for ...…

- ADNOC Distribution becomes the first petroleum products company in the UAE to be qualified on the Nawah Nuclear Approved Supplier List (NASL)  - ADNOC will supply a range of products including lubricating oil, engine coolant and anti-rust, grease, and fuels - 73 companies now qualified on Nawah’s NASL list, with their products demonstrating the highest safety related ......read more

Trina Solar Has Been Recognized as a Top Bankable Module Supplier for 5 Consecutive Years…

Dubai, United Arab Emirates,  September 01, 2020: Trina Solar Co., Ltd. (“Trina Solar” or the “Company”), a leading global PV and smart energy total solution provider, was once again named the 100% Bankable Module Supplier Brand as announced in the 2020 PV Module and Inverter Bankability report, published by Bloomberg New Energy Finance. The judges unanimously ......read more

Barakah Nuclear Energy Plant Unit 1 Successfully Connects to UAE's Transmission Grid…

- First megawatts of clean electricity from peaceful nuclear energy now delivered to the UAE’s transmission network   - Connection safely and successfully completed through collaboration with Abu Dhabi Transmission and Despatch Company (TRANSCO)   Abu Dhabi, United Arab Emirates - August 19, 2020:  The Emirates Nuclear Energy Corporation (ENEC) today announced ......read more

Schneider Electric Ranked #1 in the 2020 Gartner Supply Chain Top 25: Europe Top 15…

• Schneider climbs 2 spots since last year   Dubai, UAE, Augst 8th 2020:  Schneider Electric, the leader in digital transformation of energy management and automation, today announced it has been ranked #1 in the 2020 Gartner Supply Chain Top 25: Europe Top 15 (June 2020).   For many years Schneider Electric has given priority to the digitalization of its supply ......read more

Greenpeace Condemns Barakah Nuclear Power Plant as Wasteful and Dangerous…

United Arab Emirates, August 04, 2020:   Greenpeace MENA condemns the start-up of unit 1 of the Barakah Nuclear Energy Plant, located in the Al Dhafrah Region of Abu Dhabi, as a wasteful investment in the wrong technology that will only deplete the scarce water resources of the “Emirates”. Julien Jreissati, programme manager at Greenpeace Middle East and North Africa, ......read more

Safe Start-up of Unit 1 of Barakah Nuclear Energy Plant Successfully Achieved…

- Start-up is major step in process for upcoming generation of emissions-free electricity  - Process undertaken in line with regulatory requirements and highest international standards for nuclear quality and safety   02 August 2020, Abu Dhabi,  UAE: The Emirates Nuclear Energy Corporation (ENEC) today announced that its operating and maintenance subsidiary, Nawah ......read more

Schneider Electric Shows They Are Acting to Build a Green and Inclusive Future for All Through H1 ...…

• Schneider Electric exceeds their year-end target, taking their overall performance for avoiding primary resource consumption to just over 126,000 metric tons • The Group reaffirms its commitment to achieve 2020 goals and looks ahead at the 2030 Sustainable Development Goals  • The Tomorrow Rising Fund, by the Schneider Electric Foundation, moves forward with recovery ......read more

Siemens Compressors Selected for Gas Reservoir Storage Project with Saudi Aramco…

• Siemens Energy to supply 20 compressor trains for a critical gas project in the Kingdom of Saudi Arabia (KSA) • The project will enable the operator to manage its surplus gas volumes efficiently to meet seasonal demands     July 29, 2020:  Siemens Energy was selected to provide centrifugal compressor systems for Saudi Aramco’s Hawiyah Unayzah Gas ......read more

Earn Points With Every Purchase in New-look ADNOC Rewards…

• Earn points on all purchases that can be redeemed for products and services across ADNOC Distribution stations and ADNOC Oasis stores • 500 bonus points for members who download the app • Free car sanitization for all new members with first transaction • More than 750,000 customers already registered for ADNOC Rewards   Abu Dhabi, 29 July 2020:  ......read more

EWEC Announces Partners to Develop the World's Largest Solar Power Plant…

Consortium comprising TAQA, Masdar, EDF and JinkoPower sign Power Purchase Agreement with EWEC, for a 2 GW solar power plant Competitive bid process results in record-low tariff for solar power, set at AED 4.97 fils/kWh (USD 1.35 cents/kWh)   Abu Dhabi, UAE – 26 July 2020: The Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, ......read more

Trina Solar Unveils Vertex 600w Series Module and Expects Mass Production of 550w Series Later in ...…

Dubai, UAE – 25 July 2020: Trina Solar Co., Ltd (‘Trina Solar” or the “Company”) has announced the launch of two next-generation Vertex series modules with power output of up to 600W. The company expects to realize the mass production of a 550W series in the final quarter of this year.    Several representatives of upper, middle and lower streams of ......read more

Green Petrochem Announces Expansion Plan in Hamriyah Free Zone…

• Petrochem to lease 200,000 sq. ft. plot of land and establish additional storage facilities with expected storage capacity of 150,000 cbm    • Petrochem’s daily production capacity amounts to 800 metric tons of petrochemical products while annual refining capacity exceeds 2.1 million barrels           Sharjah, July 22, ......read more

Schneider Electric to Upgrade DP World's Sokhna Basin 2 With Ecostruxure Power Smart Energy ...…

Technology will help save energy and maintenance costs, reduce carbon emissions, make the facility greener and future-proof it for new innovations   Dubai, United Arab Emirates, July 22, 2020:   Schneider Electric has been selected by DP World, a leading enabler of global trade, to implement an end-to-end smart energy MV, LV distribution system at DP World’s Sokhna ......read more

39 Photovoltaic Companies Band Together to Give Industry a Fillip as 600W+ Photovoltaic Open ...…

Dubai, UAE – July 16, 2020: The 600W+ Photovoltaic Open Innovation Ecological Alliance was announced today – a formation of 39 firms that aims to create a new collaborative and innovative ecosystem through open collaboration, synergizing the main resources of the industry chain and integrating core processes such as R&D, manufacturing and applications.  In a declaration ......read more

ENEC Completes Construction of Unit 2 of the Barakah Nuclear Energy Plant…

- ENEC hands over the systems of Unit 2 to Nawah Energy Company for commissioning, marking the end of construction activities for the second of four units at Barakah - Nawah team now commences operational readiness activities. Regulatory approval from FANR required, and international assessments to take place prior to Unit 2 - Unit 2 successfully completed advanced testing, demonstrates its ......read more

Empower Organises Summer Training Programme for Emirati Youth in the District Cooling Sector…

Dubai, United Arab Emirates, July 14, 2020:    Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, launched this year’s professional summer training programme for national graduates and institute students with a view to encouraging them to engage in the promising district cooling sector. A group of students have been ......read more

An EU Carbon Border Tax Could Impact the GCC Oil Exporters and Be the Next Disruptive Force in ...…

A tax on carbon emissions tied to imports would cut profits for foreign suppliers of oil, steel, and other goods with high greenhouse gas footprints but could pose an opportunity for GCC companies to gain a competitive edge, BCG research finds   Dubai, United Arab Emirates, July 08, 2020:   A plan being considered by the European Commission to tax the carbon emissions ......read more

Ras Al Khaimah Municipality Reports Significant Progress in Energy Efficiency…

The second annual report for the implementation of the Ras Al Khaimah Energy Efficiency and Renewables Strategy 2040 was released on the newly launched Reem website.     Ras Al Khaimah, United Arab Emirates, July 06, 2020:  Ras Al Khaimah Energy Efficiency and Renewables Strategy 2040 has completed its second year of implementation in 2019. Last week Ras Al Khaimah ......read more

Empower Continues Its Commitment to Implement International Standards…

Successfully renewed three ISO certifications in Quality Management System, Environmental Management System and Occupational Health and Safety Management Systems Dubai, UAE, 06 July 2020:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has successfully renewed three ISO certifications in ......read more

Hitachi ABB Power Grids Commences Operations…

Complementary portfolios and technology strengths to ensure continuity, enhance customer value and bring growth opportunities.    Dubai, United Arab Emirates, July 01, 2020:   In accordance with the agreement signed on December 17, 20181 , Hitachi Ltd. and ABB Ltd today announced the completion of all required procedures as planned, and the formation of Hitachi ABB Power ......read more

Market Access Concludes Second Cohort With Several Corporate-startup Collaborations Announced…

• Dubai Startup Hub Market Access programme’s second cohort attracted 44 startup submissions, 55% of which came from outside the UAE   • Corporate members Emirates NBD, Sumitomo and Accenture team up with 9 startups offering cutting-edge solutions to existing challenges     Dubai, United Arab Emirates, July 01, 2020:    Dubai Startup Hub, an ......read more

Deloitte: Should GCC Countries Re-Calibrate Their Strategies Given Low Oil Prices?…

Dubai, United Arab Emirates, July 01, 2020:   The dual crisis engendered by the conflict over production levels within OPEC + and the reduced demand caused by the COVID-19 pandemic have prompted a global, sector-wide downturn in the Oil and Gas (O&G) industry that has left the oil-dependent economies vulnerable in terms of fiscal revenue. Demand for oil has fallen by over 18 percent ......read more

Empower Launches Its Summer Campaign to Rationalize District Cooling Energy Consumption…

Dubai, UAE, 29 June 2020:   As part of its efforts to raise awareness about the importance of adopting sustainability practices and provide environment friendly district cooling services, Emirates Central Cooling Systems Corporation (Empower) has launched a consumption rationalization campaign under the theme ’ Set your AC at 24°C Auto and Save’. The campaign will run ......read more

Dubai Businesses Explore Opportunities in Mozambique's Growing Oil and Gas Sector…

- Dubai Chamber webinar attended by over 130 business leaders from the UAE, Mozambique and Southern Africa   - Event familiarised Dubai-based companies with competitive advantages of doing business in Mozambique and process of setting up in the African country    - Khan: Dubai-based companies that have the right level of expertise and investments to fill gaps in the ......read more

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