• Middle East Energy Outlook Forecasts Tapering Down of Regional Demand • Region Set For Investment In Future-Proof Tech To Deliver Resilience & Cost Efficiencies Dubai, UAE – 23 January 2023: The Middle East is now embracing a major energy sector transition towards a decentralised, decarbonised, and digitalised future with regional nations looking to improve energy security by reducing fossil fuel dependency, cutting CO2 emissions, and enhancing segment-related investment resilience, according to a new report. Yet the sector outlook report, by consultants Frost & Sullivan, says though the region is currently investing in installed energy capacity at a rate of between 4.5%-4.8% annually, there could soon be a tapering down in demand. The report, commissioned by Middle East ......read more
Company to cut emissions, install solar panels at service stations and use biofuels to power its fleet of vehicles New sustainability milestones unveiled during Abu Dhabi Sustainability Week will future proof ADNOC Distribution’s business and deliver sustainable long-term shareholder value ADNOC Distribution becomes first UAE fuel retailer to tap into sustainability linked financing with USD 1.5bn loan Abu Dhabi, UAE – 20, January 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), announced plans, today, to reduce its carbon intensity by 25% by 2030, by putting sustainability at the core of its day-to-day operations to future-proof its business and deliver sustainable long-term shareholder value. Central to ADNOC Distribution’s enhanced sustainability drive is a commitment to ......read more
• Sustainable financing solutions help in funding transformative green projects and to accelerate the private sector’s energy transition UAE - Dubai 19, January 2023 – The UAE is investing heavily in environmentally friendly energy projects and witnessing significant increases in its clean energy production. The nation’s commitment is exemplified through forward-looking initiatives such as the recent launch of the UAE Energy Strategy 2050 as well as its progress thus far in launching 11 environmentally-friendly energy projects worth $43bn (AED159bn). Speaking at a panel discussion titled ‘Unleashing Private-Sector Investment in Energy Transition’ on the sidelines of Abu Dhabi Sustainability Week 2023, Walid Sheta, President for the Middle East and Africa Zone, Schneider Electric, ......read more
AI Center of Excellence will focus on finding carbon neutral solutions for existing energy resources and improving access to new AI technologies for Arabic speakers Abu Dhabi, United Arab Emirates, January 18, 2023 - Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in collaboration with IBM (NYSE: IBM) formally launched an AI Center of Excellence on Tuesday, January 17, as part of Abu Dhabi Sustainability Week’s World Future Energy Summit. The Center aims to advance collaboration to improve the adoption of AI technology and help drive sustainability. The Center will develop carbon neutral solutions to existing energy supplies, combat climate change, and further natural language processing (NLP) for Arabic dialects. Experts from IBM and MBZUAI plan to focus on decarbonization, with advanced ......read more
January 17, 2023: His Excellency (HE) Mohamed Ibrahim Al Hammadi, Managing Director and Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC) commented on the importance of the visits of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Yoon Suk Yeol, President of the Republic of Korea, to the Barakah Nuclear Energy Plant. The visit represents the UAE leadership’s long-standing support for the megaproject, which is the cornerstone of the UAE Peaceful Nuclear Energy Program. The Barakah Plant today plays a pivotal role in providing abundant clean electricity, rapidly decarbonizing the power sector and enhancing domestic energy security. H.E. Al Hammadi said: "The Barakah Plant is now recognized as a benchmark for new nuclear energy projects around the world and has ......read more
The strategic collaboration will provide fully financed utility-scale solar photovoltaic plants to speed up progress to net zero. Dubai, January 13, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has signed a memorandum of understanding with Sun Africa and its sister company, UGT Renewables, to collaborate on utility-scale solar photovoltaic power generation projects that will accelerate the energy transition and provide access to energy in emerging and developing markets worldwide. The partners are currently completing their first project together: a 370-megawatt solar photovoltaic power plant across seven sites in Angola, the largest of its kind in sub-Saharan Africa. They also have several utility-scale projects under negotiation, totaling ......read more
Dubai, UAE – 10, January 2023: Trina Solar has maintained its AAA status for the third consecutive quarter in the PV ModuleTech bankability rankings released by PV Tech for Q4 2022. The company’s continued presence within the highest category validates its ongoing high performance level in manufacturing capacity, technology innovation, product shipments and financial status and underlines its position as an industry leader in each of these areas. Trina was an early mover among leading module suppliers in n-type technology and is expected to add further capacity in the year ahead. An early mover and promoter of n-type technology Trina Solar is committed to technical innovation and continues to lead the industry with n-type technology. Based on the leading 210mm technology, Trina Solar launched 210mm n-type ......read more
Al Ain, January 6th, 2023: The National Water and Energy Center at the United Arab Emirates University, in cooperation with the Fujairah Research Center and the Fujairah Environment Authority, conducted water resources- related studies in the Emirate of Fujairah. This research is aligned with the UAE Water Security Strategy 2036, which aims to ensure the sustainability of water during natural conditions and extreme emergency conditions and comes in line with the UAE applicable laws and the specifications of the World Health Organization and contribute to the prosperity and progress of society and the sustainability of the growth of the national economy. The research team conducted several field visits to more than 215 wells and field sites. It is expected that these studies and research will result in a complete assessment of the ......read more
Grid-eMotion® Flash will help to reduce emissions, traffic and noise in the metropolitan area and create a better quality of life for people Dubai, UAE - December 20, 2022 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, recently announced it has won an order to supply its Grid-eMotion® Flash ultrafast charging system for the two busiest bus routes in the city of Clermont-Ferrand, central France. Grid-eMotion Flash was the first choice of the city’s public transportation operator, SMTC-AC, which requires a fast, efficient, reliable and safe charging system that will help persuade motorists to leave their cars at home and use emission-free public transportation instead. Grid-eMotion Flash is part of the city’s InspiRe program to ......read more
• ABB UAE hosts an energy efficiency symposium in Dubai with industry and infrastructure leaders. • Improving energy efficiency will reduce energy bills and emissions substantially in the short- to mid-term, without compromising productivity • Industry is the world’s largest consumer of electricity, natural gas and coal, and accounts for 42 percent of electricity demand ABB UAE launched the Energy efficiency movement in Dubai with key industry and infrastructure business leaders, with businesses around the world facing unprecedented pressure from the cost of energy and the urgency to mitigate climate change impact, it was crucial to have a discussion with UAE market players in this regard. ADNOC, Tabreed, Wilo, Johnson controls, Metito, Taqa solutions and many others discussed actions to reduce ......read more
Abu Dhabi-UAE: 14 December, 2022 – The Emirates Climate Change Council held its second meeting of 2022. Presided over by Her Excellency Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, the gathering reviewed the progress of national climate initiatives and discussed the next steps. The Minister said: “The UAE has presented a leading model of tackling the existential threat of climate change by way of its climate action over the past three decades. In line with the vision of its wise leadership, the country will continue to scale up its climate efforts with the aim of achieving net zero by 2050.” She added: “Through the meetings of the Emirates Climate Change Council , we seek to step up the cooperation between the government and the private sector entities to spur an all-inclusive ......read more
The Ministry was keen to present its services using advanced methods and technologies to enhance awareness of the added value of its various services across five different sectors Abu Dhabi, UAE - 12th December 2022: In line with its vision to be a leader in customer service, the Ministry of Energy and Infrastructure (MOEI) launched its government service manual that is enhanced with Augmented Reality (AR). This is the first of its kind service manual that adopts such an innovative design. The user can scan the QR codes on the manual’s pages with a smart phone’s camera, to watch video clips of officials talking about the topic, providing a unique dazzling experience to the customer. Experts and department officials from MOEI took part in developing the AR content. They were keen to speak in a ......read more
Industry-leading products, services and internal initiatives reducing carbon footprint and environmental impact Supports the UAE Energy Strategy 2050 to transform the national economy 12 December 2022: National Bank of Fujairah (NBF) is putting sustainability at the heart of its Environmental, Social and Governance (ESG) agenda, taking decisive action both externally and internally to reduce its impact on the planet, and empowering individuals and communities across the UAE to do the same. NBF’s retail business is already assisting its customers make the sustainable choice, by offering innovative, greener products and services. These include green personal loans and automotive loans for owners of fuel-efficient, eco-friendly cars. NBF has also looked inwards, however, as it seeking to reduce its carbon ......read more
Sharjah, UAE, 5 December 2022: Veolia Near & Middle East, the global leader in optimised resource management, BEEAH Group, the Middle East's sustainability pioneer, and Masdar, the global leader in renewable energy solutions, have formed a joint venture to operate and maintain the Sharjah Waste to Energy Plant – the region's first of its kind at commercial-scale. The facility, owned by BEEAH Group and Masdar through their joint venture, Emirates Waste to Energy, can process 300,000 tonnes of municipal waste every year while producing 30 megawatts (MW) of low carbon energy, enough to power up to 28,000 homes and offset up to 450,000 tonnes of CO2 emissions per year. Sharjah currently has a 76% landfill waste diversion rate. With the plant now operational, it will enable 100% landfill waste diversion, making Sharjah ......read more
Alfa Laval has signed an agreement to deliver compact heat exchangers to the world’s largest green hydrogen plant, which is to be constructed in the Middle East. The facility, powered by renewable energy, will be part of the city of Neom, built from scratch in the northwestern desert, with the ambition of establishing a new model for sustainable living. According to International Energy Agency (IEA), hydrogen is one of the leading options for storing energy from renewables during days, weeks or even months, and it enables transportation over long distances. However, green hydrogen production has its challenges. When purified water is split into hydrogen and oxygen using renewable electricity, it is crucial to keep a stable temperature in the electrolyser to maximize efficiency. Splitting water into the two gases generates excess ......read more
The company aims to enable the sustainable development of Abu Dhabi’s leisure marine sector through its distinctive capabilities and comprehensive range of marine products from globally renowned brands Abu Dhabi – 27th of November 2022: In line with its support to the UAE Energy Strategy 2050, Exalto Emirates showcased some of its most advanced and enviro-friendly marine products at the fourth edition of the Abu Dhabi International Boat Show. Held under the patronage of His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed Bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and Chairman of Abu Dhabi Sports Council, the four-day event kickstarted on the 24th of November 2022. Organised by Capital Events at the Abu Dhabi National Exhibition Centre (ADNEC), the event witnessed ......read more
Achieving Revenue of USD 8.8 Billion and Module Shipments of 28.79GW Dubai, UAE - 22 November 2022: Trina Solar (688599.SH), a leading global PV and smart energy total solutions provider, reported its third quarter 2022 financial results on October 30, announcing revenue of about USD 8.8 billion (RMB 58.2 billion) in the first three quarters, up 82.56% year-over-year. Trina Solar said that by the end of the third quarter its module shipments for the year had totaled 28.79GW, tracker shipments totaled 2.8GW and energy storage shipments exceeded 300MWh. Trina Solar ranks first in the industry worldwide in the number of 210mm cell modules shipped. According to the third-party TrendForce, the industry shipped 50GW of 210mm cell modules by the end of the third quarter this year, and the shipments of 210mm cell modules had ......read more
Dubai – UAE, Thursday, November 18, 2022: Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, underscores, on the occasion of the 27th UN Climate Change Conference of the Parties (COP27), which is being held in the Egyptian city of Sharm El-Sheikh from 6 to 18 November, that adopting environmentally friendly practices in the cooling industry instead of conventional methods can help minimizing climate change risks. District cooling systems have proven quite efficient in reducing energy consumption as well as carbon emissions as they save up to 50% of electricity compared to conventional cooling systems. His Excellency Ahmad Bin Shafar, Empower’s CEO, said that in light of the various challenges posed by climate change everywhere, the demand for ......read more
Dubai, UAE - 15 November, 2022: Trina Solar’s Vertex modules were recently awarded Carbon Footprint Certificate by TÜV Rheinland. The products cover a full range of 210mm P-type solar modules from Vertex S 410W to Vertex 670W, with industry-leading carbon emissions ranging from 395kg/kW to 430kg/kW, 30kg/kW to 40kg/kW lower compared with high-efficiency modules in the market. The assessment follows the requirements of ISO 14067 and Life Cycle Assessment methodology and estimates the total carbon emissions of the “cradle to gate” product life cycle, including energy management, life cycle analysis, material application and supply chain management. Accurate and clear product carbon emissions estimates will help end-users to adopt fact-based strategies to reduce and offset such emissions. To ensure the ......read more
• The UAE’s largest fuel and convenience retailer reports 26% year-on-year growth in EBITDA and 39% in net profit • Total fuel volumes up 7%, with a 9% increase in non-fuel retail gross profit, driven by customer-centric initiatives and higher traffic at stations • Continued growth momentum with 47 new stations opened since the beginning of the year with about 80% of the 2022 network expansion target achieved • Commitment to distribute attractive dividends to shareholders supported by earnings growth Abu Dhabi, UAE – 11 November 2022: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi Securities Exchange (ADX), today reported that its EBITDA rose by 26% year-on-year to AED 2.86 billion, and net ......read more
The compact TRO610 industrial wireless router increases field asset and application visibility to enable greater grid stability and enhanced customer services Dubai, November 3, 2022 – Hitachi Energy today introduced the TRO610 cellular router that provides state-of-the-art communications and cybersecurity, purpose-built to support industrial internet of things (IIoT) applications for utilities, smart cities, oil & gas, manufacturing, and mining operations. The TRO610 is part of Hitachi Energy’s wireless communication portfolio of high availability, high reliability, high throughput, and low latency products to future-proof mission-critical industrial and utility operations. As intelligent field devices permeate across power distribution networks, the TRO610 provides greater efficiency by enabling a wider variety of ......read more
The agreement highlights ENEC’s commitment to broadening the global dialogue on the role of nuclear energy in decarbonizing the energy sector, support the clean energy transition and tackle the climate change. 01, November 2022: The Emirates Nuclear Energy Corporation (ENEC) has signed a three-year agreement with the Atlantic Council to collaborate on the Council’s Nuclear Energy Policy Initiative and support its efforts in promoting nuclear energy as a central component to the clean energy transition. The Atlantic Council is a US-based think tank, and home to the Global Energy Center, one of the leading US energy centers for promoting energy security, working across government, industry and society to identify the way forward for the global energy ......read more
Hitachi Energy’s leading-edge solutions are contributing to UAE’s ‘2050 Net-Zero Initiative’ Abu Dhabi – November 1, 2022: Hitachi Energy, a global technology leader that is advancing a sustainable future for all, will present a broad portfolio of leading-edge technologies and services for the energy transition at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022. Hitachi Energy is committed to accelerating its energy transition towards a carbon-neutral future in the region. Hosted by the Abu Dhabi National Oil Company (ADNOC), ADIPEC is the world’s pre-eminent global energy platform and most influential gathering that convenes global leaders, energy industry professionals, thought leaders, global policymakers, decision-makers, and industry executives from ......read more
• World Future Energy Summit 2023 to unlock timely business opportunities and energy innovation as region’s COP27 and COP28 hosting drive Summit Expansion • Returning Climate and Environment Expo & Forum to showcase practical solutions around pressing issues • Hydrogen Innovation Hub joins Summit line-up, providing a dedicated space to showcase the potential of new Hydrogen-fuelled technologies within regional projects Dubai, UAE – October 19, 2022: Organisers of the 15th World Future Energy Summit – the leading business event for future energy and sustainability being held in Abu Dhabi next January – have reiterated the event’s unique capacity to provide practical solutions both for global leaders and the international energy industry, advancing the transition ......read more
• ADIPEC 2022 to take place in Abu Dhabi as industry and governments work to achieve energy security and advance climate goals at the same time. • Record number of government ministers to attend ADIPEC, which is focused on the theme: ‘The Future of Energy: Secure, Affordable and Sustainable’ • During ADIPEC week United Nations Environment Programme (UNEP) to release ‘Eye on Methane’ report; OPEC to launch World Oil Outlook • 1,200 speakers across more than 350 sessions to discuss global energy-market challenges while delivering on climate action and sustainability commitments ahead of COP27 ABU DHABI, 18 October 2022 – The UAE will be at the heart of the global dialogue on the future of energy, as industry leaders, policy makers ......read more
Abu Dhabi, United Arab Emirates - 14 October 2022: The Abu Dhabi Department of Energy (DoE) announced today that it had signed a Memorandum of Understanding (MoU) with the Cyber Security Council, aimed at enhancing security of the UAE’s energy sector. The DoE will cooperate with other Abu Dhabi government entities in an effort to improve government performance, within the fast-paced digital transformation in the UAE. The MoU was signed during a meeting between His Excellency Eng. Ahmed Mohammed Al Rumaithi, Undersecretary of the Department of Energy in Abu Dhabi, and His Excellency Dr. Mohammed Hamad Al-Kuwaiti, Head of Cyber Security for the UAE Government. The MoU aims to align the efforts of the DoE and the Cyber Security Council as they develop and disseminate innovative technologies that enhance the digital and ......read more
• Global policymakers attending ADIPEC 2022 in record numbers, including eight ministers from the MENA region • UAE and Abu Dhabi at the heart of the global dialogue on the future of energy through influential events like ADIPEC, as it prepares to host COP28 in 2023 • More than 350 sessions to spotlight ADIPEC 2022 theme: ‘Shaping the Future of Energy: Secure, Sustainable and Affordable’ • Taking place immediately before COP27 climate conference and amid European energy supply challenges, ADIPEC 2022 will address key energy issues • Early insights and climate action statements expected ahead of COP27 ABU DHABI, 13 October 2022 – ADIPEC, the world’s biggest and most influential gathering of the energy ......read more
Leading sustainable energy partner for businesses to deploy over $1 billion worth of projects in the Middle East, Africa and beyond Dubai, UAE – October 12, 2022: Yellow Door Energy (“YDE”), the leading sustainable energy partner for businesses, has today announced the closing of a new equity raise to continue its development of sustainable energy projects in the Middle East, Africa and beyond. The investment also includes a purchase of current shares, enabling the company’s initial investors to exit. The funding is substantially provided by YDE’s newest and now controlling shareholder, Actis, with existing shareholders International Finance Corporation (IFC), Mitsui & Co., Ltd. (“Mitsui”) and APICORP also increasing their equity commitments. With the closure of this landmark transaction, ......read more
Hitachi announced acquisition of remaining shares from ABB ahead of schedule further supporting Hitachi Energy's 2030 Plan Dubai: October 01, 2022 - Hitachi Energy Ltd ("Hitachi Energy") today announced that Hitachi, Ltd. (TSE: 6501, "Hitachi") has signed a share transfer agreement for the remaining 19.9% shares from ABB Ltd (SIX: ABBBN, "ABB"), pursuant to the acquisition agreement signed on December 17, 2018(1). This is in line with the plan and ahead of schedule, and the transfer of shares will be completed by end of December 2022, subject to regulatory approvals. “We are pleased with the progress of Hitachi Energy, and we look forward to supporting the Hitachi Energy 2030 Plan, as announced during Hitachi Investor Day 2022,” said Yoshihiko Kawamura, Executive Vice ......read more
Company’s dividend policy sets a dividend of minimum AED 2.57 billion (20.57 fils per share) for full-year 2022 Final day for purchasing shares to fulfil eligibility for interim dividend payment is 5 October 2022 The policy reflects the company’s strong financial position and cash gen-eration ability Abu Dhabi, UAE – 28 September 2022: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, announced today the approval of an interim dividend payment to shareholders for the first six months of 2022 of AED 1.285 billion (10.285 fils per share), equivalent to USD 350 million. This is the first payment of what is expected to be a full-year 2022 dividend payment of minimum AED 2.57 billion (20.57 fils per share), in line with the Company’s ......read more
Ministry of Industry and Advanced Technology calls on standardization bodies to build on outcomes and takeaways of the ISO Annual Meeting 2022 Egypt, Brazil, Costa Rica and Italy join ISO Council, Dr. Sung Hwan Cho announced as President-elect More than 5,300 delegates took part in over 30 thematic sessions and workshops exploring how standards can support trade, economic growth, and climate action Abu Dhabi, UAE: 24 September 2022 – The International Organization for Standardization (ISO) Annual Meeting 2022, hosted by the Ministry of Industry and Advanced Technology (MoIAT), concluded in Abu Dhabi. More than 5,300 delegates participated, physically and virtually, in thematic sessions exploring how international standards can be improved and leveraged to support climate action, trade growth and sustainable economic ......read more
Unit 3 start-up reflects safe and steady progress at Barakah, with Units 1 and 2 already commercially operational Unit 3 will be connected to the UAE grid in the coming weeks, as part of the pathway to commercial operations. ENEC adds third unit to the grid, highlighting mega-project management expertise UAE’s nuclear energy sector accelerating decarbonization of the UAE grid, spearheading delivery of Net Zero by 2050 target Abu Dhabi, UAE – 22 September 2022: The Emirates Nuclear Energy Corporation (ENEC) today announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah) has successfully started up Unit 3 of the Barakah Nuclear Energy Plant, located in the Al Dhafra Region of the Emirate of Abu Dhabi in the UAE. The milestone shows the significant ......read more
Abu Dhabi, UAE – 20 September 2022: The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with CSFN (French Nuclear Cluster) at the fifth edition of E-Fusion. The event brings together the UAE and French nuclear sectors to further develop and strengthen their collaboration to support the development of the global nuclear supply chain. E-Fusion is organized by ENEC in partnership with Business France, the national agency supporting the international development of the French economy and CSFN. ENEC and CSFN’s new MoU will focus on future enhancement of a local supply chain for the UAE Peaceful Nuclear Energy Program and the Barakah Nuclear Energy Plant, increase local manufacturing and supply of components and equipment and enable greater sharing of knowledge, skills and ......read more
Dubai, UAE – 13 September, 2022: Goodyear, one of the world’s leading tire manufacturers, is undertaking key renewable energy transformation steps in its manufacturing plants. Goodyear has installed a solar wall on its plant in Adapazarı for taking an important step towards its sustainability efforts. The project will help reduce the environmental footprint of the plant in addition to adding flexibility and power to energy management. The solar wall covers an area of 50 m2 and has been connected to one of the existing HVAC (Heating, Ventilation, and Air Conditioning) systems to preheat the air. In this system, when the collector's surface is heated by solar rays, the hot air is pulled inside through thousands of tiny holes on the surface and directed to the existing air inlet. This helps to reduce the ......read more
Excellent Performance in Reliability, Compatibility and Lower LCOE Dubai, United Arab Emirates – 30th August 2022: The world’s leading independent advisory, testing, inspection and certification organization, UL (Underwriters Laboratories), published a bankability study report on Trina Solar’s Vertex series modules. Twelve models of Vertex modules were shown to have excellent performance in reliability, compatibility and lowering LCOE and a high-standard quality management system. In all dimensions of the bankability study, UL reviewed Trina Solar’s products based on test results, reports and certifications from accredited third-party test laboratories. The analysis, based on strict examination of product value and a comprehensive understanding of the entire industry and global technology ......read more
The African Energy Chamber met with Pavel Sorokin, First Deputy Minister of Energy of the Russian Federation, to discuss Russia-Africa energy collaboration and making energy poverty history in Africa by 2030. In pursuit of making energy poverty history in Africa by 2030, the African Energy Chamber (AEC) met with Pavel Sorokin, First Deputy Minister of Energy of the Russian Federation, to discuss the role Russia-Africa energy collaboration will play in accelerating large-scale energy developments in Africa – driving an Africa-adapted energy transition while alleviating energy poverty on the back of improved access and sustainable economic growth. In the spirit of H.E. Mohammed Sansui Barkindo, the late Secretary General of the Organization of Petroleum Exporting Countries (OPEC), discussions during the meeting centered around ......read more
By Eric Beranger-Fenouillet, Partner, Bain & Company Middle East and Emily Emmett, Partner, Bain & Company Houston Navigating the energy transition will be a generational challenge, requiring top-tier talent to solve incredibly complex problems. Meeting this challenge will require retaining and reskilling today’s workers, while integrating new people with varied backgrounds and capabilities. Leaders will need to invest in creating inclusive organizations where everyone feels like a valued contributor with a shared purpose. Generations of talented individuals in the Middle East have pursued careers in energy because it offered opportunities for learning, teamwork, and impact in the service of powering our communities. This will be as true in the future as it was in the past. Looking backward, the ......read more
LG ThinQ Eco-Friendly Living offers Suggestions That Improve Day-To-Day Life Dubai, August 12, 2022 – LG Electronics(LG) strives to make consumers’ homes a perfect environment for every occasion and season. Design your home with the most innovative technology that makes you take control of your home and discover a smarter way of living. The LG ThinQ app helps manage all your devices in one place, whether you’re at home, on the go, or on your summer vacation. Sit Back and Relax Spend less time washing and more time enjoying LG’s innovative washers & dryers. An all-in-one experience that helps save time and effort by automatically determining the best cycle after measuring your fabric’s weight and softness thanks to its AI DD technology that responsibly manages the impact on the environment. ......read more
HVDC Light® transmission system will transfer vast amounts of renewable energy for up to 5 million households and help Germany achieve its 2045 carbon neutrality goal Dubai; August 09, 2022 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has won a major order from TenneT and TransnetBW, two of Germany’s four transmission system operators, to supply a transmission solution for the SuedLink DC4 high-voltage direct current (HVDC) interconnection between the north and south of the country. SuedLink DC4 is one of the most important power grid and energy transition projects in Germany. It will play a crucial role in Germany’s energy transition, enabling a reduction in the use of fossil fuels and helping the country achieve carbon neutrality by ......read more
HVDC Light® transmission systems will connect the Hornsea 3 wind farm, providing renewable power for more than three million homes Dubai - July 25, 2022: Hitachi Energy, the global technology and market leader in power grids, today announced it has won a major order from Ørsted, the world-leading renewable energy company, to provide two high-voltage direct current (HVDC) systems to transmit green electricity from the Hornsea 3 wind farm, located more than 120 km off the UK east coast. The wind farm will have the capacity to generate up to 2.85 gigawatts of renewable electricity, enough to power more than three million UK homes. With more than 200 wind turbines installed across almost 700 square kilometers*1, this will be the single largest offshore wind farm in the world. This project is a significant step towards the ......read more
210 PERC Cell Efficiency Achieves 24.5% Dubai, United Arab Emirates – July 20, 2022: Trina Solar, the leading global provider for photovoltaic (PV) modules and smart energy solutions, had set a new world record for 210 P-type monocrystalline silicon PERC cells in mass production. The company’s State Key Laboratory of PV Science and Technology (SKL PVST) announced that its proprietary industrial larger-area 210mm×210mm high-efficiency PERC solar cell, has achieved the efficiency of 24.5%, independently confirmed by the third party National Institute of Metrology, China. Trina Solar takes the lead in developing technologies including multi-layer anti-reflection film ultra-fine metallized finger, and super MBB to realize the efficiency of over 24.5% for larger-area 210mm high-efficiency PERC cells in mass ......read more
The energy and natural resources industry has weathered a year of remarkable upheaval. However, executives continue to push forward on the energy and resource transition, potentially moving faster than the outside world is seeing and outpacing policy. Dubai, United Arab Emirates, 19 July 2022— Bain & Company launches its second annual Global Energy and Natural Resources report. The consultancy surveyed more than 1,000 global energy and natural resources executives to understand how the energy and resources transition is playing out in real time, which technologies and opportunities they are prioritizing, and the pain points involved in squaring the traditional demands of their business with new demands to operate more sustainably. “It’s been a year like no other for energy and resource executives as ......read more
Awards include wins from TrustRadius, The Stevie Awards, and The Govies Dubai, United Arab Emirates – July 19, 2022 – SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it has received recognition from customers, IT professionals, and industry leaders for its suite of IT operations management products and corporate achievements in the first half of 2022. “We’re honored and delighted to be recognized by customers and the wider IT community for our strong industry knowledge and breadth of technology products spanning from security and database to IT-managed services,” said SolarWinds Chief Product Officer Rohini Kasturi. “The awards are a testament to our efforts over the last six months and our unwavering ......read more
Dubai, United Arab Emirates – July 06: Trina Solar has been recognized as an “Overall High Achiever” in the PV Module Index Report 2022 published by the independent Renewable Energy Test Center in California. Trina Solar’s ultra-high power 670W series modules offer excellent reliability, superb performance and superior quality, and have passed a number of RETC tests that are significantly more rigorous than the IEC standard. It is the third year in a row that Trina Solar has received this award. As a leading independent test laboratory for photovoltaic and renewable energy products, RETC publishes the annual PVMI report with a focus on technology and quality indicators, including three essential module attributes, namely reliability, performance and quality. The report provides a strong reference for financiers ......read more
Hassantuk’s State-of-the-Art Smart System Increases Efficiency of Emergency Service Response to Fire and Life Safety Alarms Abu Dhabi, UAE – July 6, 2022: The UAE Civil Defense announced today the installation of the "Hassantuk" system, a smart early warning system integrated into a UAE Civil Defense network, in all ADNOC Distribution buildings, the UAE’s largest fuel and convenience retailer. The announcement comes in line with the agreement that has been signed with “Injazat Data Systems”, a pioneering UAE provider of digital transformation solutions. “Hassantuk” system, a strategic public-private initiative between the UAE Ministry of Interior and “Injazat”. Hassantuk is designed to increase the efficiency of emergency services’ responses to all ......read more
The SolarWinds Secure by Design initiative establishes the company as a model for secure enterprise software development Components of Next-Generation Build System to be released to open-source software initiatives Dubai, United Arab Emirates —July 05, 2022: SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, unveils its new Next-Generation Build System, a transformational model for software development. The new software build process is a key component of the company’s Secure by Design initiative to make SolarWinds a model for enterprise software security. The software development and build process improvements were made in an accelerated timeline over the past year in response to the highly sophisticated SUNBURST cyberattack, ......read more
Collaboration combines complementary technologies and expertise of both companies to increase customer value and help accelerate the energy transition Dubai, June 28, 2022 – Hitachi Energy a market and technology leader in transmission, distribution and grid automation solutions, and Petrofac, a leading international service provider to the energy industry, have entered into a collaboration to provide grid integration and associated infrastructure to support the rapidly growing offshore wind market. This collaboration builds on the complementary core technologies and expertise of both companies in offshore wind to support the decarbonization of power systems and deliver clean energy. It covers high-voltage direct current (HVDC), as well as high-voltage alternating current (HVAC) solutions. Hitachi Energy’s HVDC ......read more
Annual Study: Hybrid IT Acceleration Has Increased Network Complexity and Lowered Tech Pros’ Network Management Confidence ● SolarWinds IT Trends Report 2022—Getting IT Right: Managing Hybrid IT Complexity examines the current state and areas of opportunity for technology professionals managing increased complexity as hybrid IT accelerates ● The continued shift to hybrid IT drives increased levels of IT management complexity, but tech pros feel a lack of confidence in how to best manage it ● Nearly half (42%) of tech pros said their organization manages hybrid IT complexity through training staff and adopting IT monitoring/management tools Dubai, United Arab Emirates – June 23, 2022 – SolarWinds (NYSE:SWI), a leading provider of simple, ......read more
• Collaboration to accelerate the deployment of sustainable and smart energy management solutions • Complementary portfolios in medium and high-voltage technologies to provide greater customer value Dubai – June 14, 2022: Hitachi Energy, a market and technology leader in transmission, distribution and grid automation solutions, and Schneider Electric, the leader in the digital transformation of energy management and automation, announced today that they have entered into a collaboration to provide greater customer value and accelerate the energy transition. The non-exclusive collaboration will support customers' sustainability efforts, including the decarbonization of the energy and industrial sectors. Hitachi Energy can leverage Schneider Electric’s medium-voltage portfolio, while ......read more
Dubai, United Arab Emirates – June 07, 2022: Trina Solar, the leading global PV and smart energy total solution provider, has been ranked ‘AAA’, the highest category, in the latest PV Module Tech Bankability report published by PV-Tech. Based on a proprietary analytical model to establish bankability scores and ratings, the report combines both the manufacturing and financial health of companies, the latest issue covering more than 50 PV module suppliers. Trina Solar ranked second for global module shipments in 2021, with a figure of 24.8GW, and has retained that position in the first quarter of 2022, shipping 8GW. Industry reports indicate that global shipments of 210 modules rose sharply in 2021 to reach 26GW, Trina contributing 16GW, with cumulative 210 shipments exceeding 35GW as of the end ......read more