• New facility will form part of Honeywell’s alignment to Saudi Vision 2030 and localization commitments, supporting economic diversification
• Honeywell becomes the first international company to produce industrial gas detectors in Saudi Arabia
June 02, 2020 - Honeywell (NYSE: HON), a global technology leader, has today announced it will open a new facility for the production of gas detection devices in Saudi Arabia. The factory underscores Honeywell’s commitment to the In-Kingdom Total Value Add (IKTVA) program.
Established to accelerate Saudization, IKTVA’s aim is to achieve 70% localization of production and jobs by 2021 and act as a key enabler of Saudi Vision 2030. The new “Made in the Kingdom” Honeywell factory will support IKTVA’s localization ......read more
Dubai, United Arab Emirates, May 31, 2020: Trina Solar Co., Ltd ("Trina Solar" or the "Company"), the world's leading PV and smart energy total solution provider, has been recognized as a "Top Performer" for outstanding product reliability and performance among global PV module manufacturers by PV Evolution Labs (PVEL), the leading independent test laboratory for the global downstream solar industry.
The company is one of only two PV module manufacturers with worldwide reach to gain the recognition for the sixth consecutive time since the Top Performer designation was established.
The recognition is based on the results of the Product Qualification Program (PQP), presented in the 2020 PV Module Reliability Scorecard issued by PVEL, following factory inspections that took place ......read more
-- Demand Surges for Advanced Class Gas Turbines --
Dubai, United Arab Emirates, May 20, 2020: Mitsubishi Hitachi Power Systems (MHPS) ranks first in market share by megawatts for gas turbine orders in 2020 according to data obtained from McCoy Power Reports. First quarter global orders of 2,638 MW brought MHPS’ market share to 28.5 percent globally. This increase in gas turbine market share was largely responsible for worldwide order booking increasing 19.7 percent during MHPS’ fiscal year ending March 31, 2020.
“The extremely competitive global gas turbine market has moved in our direction with a clear preference for our JAC gas turbines, which are more reliable than competitor’s gas turbines while providing record-setting fuel efficiency and output,” said Ken Kawai, ......read more
Dubai, United Arab Emirates, May 13, 2020: Robert Minter, Investment Strategist at Aberdeen Standard Investments, explains the impact of the pandemic on the O&G sector worldwide and offers some predictions for the next 12 months.
Some stress had already begun to appear in the global oil markets at the turn of the year. The US and Europe were in the middle of an unusually warm winter, which reduced energy demand. In the US, investors were prioritising capital discipline over production increases and had started raising interest rates for lower credit quality oil producers. But little evidence existed for the impending shock to demand that would dwarf all others.
The first cases of coronavirus occurred in early December but were not in sufficient scale to be noticed until six weeks later ......read more
H.E. Mohamed Al Hammadi, CEO of ENEC, sat down via video conference with Frederick Kempe, President and CEO of the Atlantic Council, for a virtual fireside chat on COVID-19 and the future of the decarbonized global power system
H.E. Al Hammadi: ”Over 700 people are working on the Barakah plant project to meet the timeline”
Abu Dhabi, UAE – 09 May 2020: His Excellency Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC), recently sat down via video conference with Frederick Kempe, President and Chief Executive Officer of the Atlantic Council Global Energy Center, during a virtual fireside chat on the progress being made at the Barakah Nuclear Energy Plant, the impact of the COVID-19 pandemic on energy systems, and the ......read more
The Vertex module sets new industry benchmark with its ultra-high power output
Dubai, UAE – 04 May 2020: Trina Solar Co., Ltd ("Trina Solar" or the "Company") announced that its Vertex module is able to reach 515.8W power output, based on the test result by TÜV Rheinland’s independent evaluation. This is another major breakthrough and milestone after Trina Solar had commenced formal mass production of the Vertex pilot line on March 18 and the shipment of the first Vertex order on March 27.
The Vertex is one of the first ultra-high power modules to be certified by international testing institutions. It has passed the TÜV Rheinland photovoltaic module IEC test and been granted both the IEC 61215 PV module performance standard and the IEC 61730 PV module safety ......read more
• Achieves world record reliability of 99.3%
• Latest enhancement is the largest, most fuel-efficient gas turbine in operation anywhere in the world
• 30% renewable hydrogen capable, with 100% capability in development
Dubai - UAE, May 4, 2020: Mitsubishi Hitachi Power Systems’ (MHPS) J-Series gas turbine installed fleet today reached one million hours of commercial operation, nearly double that of similar sized gas turbines from competitors. This gas turbine series - the company’s largest and most advanced - leads the industry with reliable, efficient power generation and flexibility to meet new and higher standards for reduced carbon emissions. Introduced in 2011, the J-Series delivers an industry-leading overall reliability of 99.3%. The air-cooled JAC ......read more
Dubai, United Arab Emirates, April 29, 2020: Gulf Renewable Lab, a joint venture between global safety science organization UL and GCC Electrical Testing Laboratories (GCC Labs) has received accreditation by GCC Accreditation Center (GAC) in accordance with the recognized International Standard ISO/IEC 17025:2017.
The recently inaugurated Gulf Renewables Lab met the technical competence requirements and management system requirements that are necessary for it to consistently deliver technically valid test results.
The laboratory received the accreditation as a result of successfully adhering to the general requirements for competence of testing and calibration laboratories set by the International Organization for Standardization (ISO) and GAC.
The GRL laboratory, located in Dammam's Third Industrial ......read more
While the US stock market, led by technology, healthcare and media, continues to send a signal that all is well you only have to look beneath the surface to find that it is not the case. Massive amounts of stimulus have found their way into the stock markets but not to the man on the street with unemployment rising and consumer confidence plummeting. These developments have put many government and health authorities under considerable pressure to reduce lock downs.
While some may be successful many are not yet ready and the impact on growth and demand will continue to deteriorate. These developments continue to be most visible across key commodities as they respond to demand more most other sectors. The table below shows the impact on key commodities since the Covid-19 pandemic became known outside of China. Growth and demand ......read more
Energy Sector Drives Construction in Q1 2020
USD 12.9 billion worth of energy projects were awarded in the GCC in Q1 2020 registering a 53% QoQ hike
• Oil & gas projects worth USD 7.3 billion were awarded across the GCC in Q1 2020
• USD 19.2 billion worth of urban construction projects were completed in the first quarter of 2020
• UAE construction sector leads Q1 2020 with 12.4 billion worth of new project announcements, 9.4 billion worth of contract awards and 18.4 billion worth of project completions
Dubai, United Arab Emirates, April 21, 2020: The GCC construction market is estimated at USD 2.4 trillion, with over 23,000 active projects at the end of Q1 2020. BNC Network, the largest ......read more
Written by: Georges El Mir, Vice President Oil, Gas & Petrochemicals, Schneider Electric
Dubai, United Arab Emirates, April 16, 2020: Oil prices have been declining since reaching a record of almost $150/barrel over a decade ago (yes, prices were that high). The price volatility has caused, and continues to cause, a lot of distress across the value chain, reducing both CAPEX and OPEX in almost all companies in this industry.
We are in a vicious cycle when maintaining investment into the future is critical for innovation and sustainability, not just during the next few years but well into the next few decades. This volatility has further compounded the existing challenges, such as, an ageing workforce and increased environmental regulations. How can refineries and petrochemical plants continue to sustain ......read more
Dubai, United Arab Emirates, April 15, 2020: The increased oil production by Saudi Arabia and Russia combined with the COVID-19 pandemic, have precipitated a global economic slowdown that has left Oil and Gas companies wondering in which direction the industry is heading.
This is one of the topics discussed by Deloitte’s experts in the latest edition of the Deloitte Middle East Point of View: Stay calm and be prepared. In the spring 2020 issue of the magazine, Deloitte experts look at what actions organizations need to take to future-proof themselves from crises.
In their article Building resilience, Bart Cornelissen, Energy, Resources and Industrials Leader and Yasmin Fansa, Manager, Monitor Deloitte, Middle East, say that: “The situation in the Oil and Gas industry has been further affected by ......read more
Dubai, United Arab Emirates, April 07, 2020: Trina Solar Co., Ltd ("Trina Solar" or the "Company") has announced that it has signed a sales agreement with the Yemeni photovoltaic firm Al Raebi, to supply 6MW of Vertex series modules to high-efficiency distributed PV projects in the Middle East. The acquisition of the order signals the degree to which the Vertex series modules will lead the Middle East solar market into the era of 500W+ ultra-high power output, boosting the local application of photovoltaic clean energy.
The Vertex series modules, with a conversion efficiency reaching 21%, boast power output exceeding 500W. The modules come in bifacial double-glass and back sheet versions, incorporating 210mm cells and integrating advanced three-piece, non-destructive cutting and high-density ......read more
As many of us settle into a routine of working from home, companies have never been better prepared to take advantage of the technology now available to meet these new demands.
However, this greater flexibility in how we are working comes with drawbacks. To stay connected with our colleagues, remote working requires greater usage of electricity and energy, between plugging in our machines, using appliances more often, and the temptation for regular trips to the coffee machine or boiling water for a cup of tea.
This means we are using far more energy without realizing it, and in turn seeing our electricity bills rise. But there are some simple tips and tricks you can implement into your daily work at home routine that will help you use energy more efficiently and save money on your electricity bills in the ......read more
• 3.5kW, 5U, DX based solution is designed for fast installation and servicing
• Rack mounted design frees up IT floor space
• Low maintenance requirements make Uniflair Rack Mounting Cooling ideal for edge computing and micro data center applications
March 11, 2020 – Schneider Electric, the leader in digital transformation of energy management and automation, today announced the introduction of its first rack mounted data center cooling solution. The Uniflair Rack Mounted Cooling 3.5kW, DX solution addresses the escalating demand for rack-based cooling for micro data centers and edge computing where space can be at a premium.
Available globally, the new offer frees up valuable IT floor space by placing the IT cooling at the bottom of any IT rack. The solution can be integrated ......read more
Public and private sector efforts held up as benchmark during thought-leading session titled ‘Decarbonisation and Sustainable Development Goals’
‘Expo site is a blueprint for future smart city’ - Markus Strohmeier, Siemens
Session told energy services companies (ESCO) in the Emirates have increased tenfold in past two years
Dubai, UAE: 04 March 2020: Greater focus on energy efficiency will help reduce costs and aid Middle East energy sector players meet the dual challenge of meeting growing demand for power while reducing carbon footprint, according to industry experts during a thought-provoking plenary session titled ‘Decarbonisation and Sustainable Development Goals’ on the sidelines of Middle East Energy 2020, the 45th edition of the global energy platform, which runs until March 5 ......read more
• Safe Completion of Fuel Assembly Loading in Unit 1 at Barakah Nuclear Energy Plant Marks the Start of Nuclear Operations for Electricity Generation
• Certified Operators Begin Process to Gradually Produce Clean Electricity
Abu Dhabi, UAE – 3 March 2020: The Emirates Nuclear Energy Corporation (ENEC) announced today that, following the successful completion of fuel assembly loading into Unit 1, the UAE has officially become a peaceful nuclear energy operating nation. The Nation also becomes the first country in the Arab World to achieve this status, joining a limited group of countries worldwide that have successfully developed the intellectual and infrastructural capacity to use nuclear energy to generate safe, clean, and reliable baseload electricity.
The milestone was achieved this ......read more
Digitalisation and renewables will be front and centre across three days as Energy & Utilities Market Outlook report forecasts annual investment in renewable energy to top US $35 billion in MENA
Dubai, UAE: 02 March 2020: Power sector leaders have arrived in the UAE for this week’s mega Middle East Energy exhibition and probing conference series which begins a three-day run at the Dubai World Trade Centre tomorrow (March 3).
Set against the background of an industry in the midst of major disruption and transformation, the show, previously known as Middle East Electricity, has attracted more than 1,100 exhibitors from more than 130 countries. Industry heavyweights will demonstrate breakthrough technologies that are changing the entire energy eco-system, with power capacity in the MENA region set for annual 6.4% ......read more
Continent to see increased focus on geothermal, wind, solar & biomass
Dubai, UAE: 01 March 2020: African’s rich renewable sources are being underused even though the continent aims to connect 60 million new households to electricity grids by 2030. The under-utilisation claim was made by Wnaguli Charles Wainaina, the Chief Procurement Officer of the Kenya Electricity Generating Co. Ltd ahead of his buying visit to Middle East Energy, the mega global power event, which runs at the Dubai World Trade Centre from March 3-5.
Mr Wataina, who is being hosted at Middle East Energy organised by Informa Markets, said recently the African power scene had undergone transformation to a more renewable focus but needed to boost efficiency of the approach.
“There has been a paradigm shift in ......read more
• Largest-ever cybersecurity alliance advances industry collaboration to defend digital economy
• Improves the security, stability and resilience of cyberspace in an increasingly digital world
• Supports the commitment to an open, transparent and collaborative culture that focuses on people, processes and technology
February 27, 2020 – Schneider Electric, the leader in the digital transformation of energy management and automation, has joined the Cybersecurity Tech Accord, a watershed agreement among its signatories to enhance the cybersecurity ecosystem and to defend the digital economy from cyberattacks.
The Cybersecurity Tech Accord is a public commitment among 144 global companies to protect and empower civilians online and to improve the security, stability and resilience of ......read more
According to BCG’s report, the Middle East can deliver 8500 bcm of gas by 2030 marking the strongest growth in a decade
Dubai, 23 February, 2020 : The natural gas market in the Middle East is experiencing a substantial growth phase, with its cost of supply remaining competitive in the long-term despite shale revolution. The recent report by Boston Consulting Group’s (BCG), Snam, and the International Gas Union (IGU) reveals that the Middle East and Asia-Pacific have demonstrated the strongest growth in gas demand the past ten years – growing at an average of 4.6% per year, double the rate of global primary energy demand.
The Middle East can deliver approximately 8,500 billion cubic meters (bcm) of gas with average breakeven prices of $2.5 per MMBtu [Million British Thermal Units] by 2030. While recent record low ......read more
• The Secure Power Division captures more than 20 industry awards for leadership, solutions, and programs in 2019
• Industry analysts, trade publications and leadership groups among those recognizing Secure Power
• Division provides power and cooling solutions for data centers, distributed IT, and non-IT applications
BOSTON, MASS., FEBRUARY 13, 2020 – Schneider Electric, the leader in digital transformation of energy management and automation, has announced that its Secure Power Division received more than 20 awards across leadership, offers, and programs in 2019, leading the way in the data center and IT industries. In addition to the awards, a number of media, analysts and industry organizations recognized Secure Power with prestigious rankings. Most recently, independent technology ......read more
This piece is co-authored by Chris Dartnell, President Oil and Gas, Industrial Automation Business at Schneider Electric and Shebin Jalal, Global Solution Architect, Oil and Gas, Industrial Automation Business at Schneider Electric
Dubai, United Arab Emirates, February 19, 2020: Today, devices of all kinds across the Oil & Gas industry are equipped with intelligent sensors that gather data. Since these devices are connected, they send the data forward to a repository like the cloud, and the data is then correlated and analyzed on servers. The rapid output of that analysis enables better, faster process decisions that help cut costs and drive efficiencies. Consider the example of pump jacks in an oil field. Traditionally, oil companies would regularly schedule crew visits (every 6 months or so) to the ......read more
- UAE is the first country in the Arab region to operate a nuclear power plant.
- License issuance follows comprehensive review of Operating License Application submitted by the Emirates Nuclear Energy Corporation on behalf of Nawah in 2015
17 February 2020, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator, has today issued the Operating License for Unit 1 of the Barakah Nuclear Power Plant to the Nawah Energy Company (Nawah), the Emirates Nuclear Energy Corporation’s (ENEC) subsidiary responsible for operation of the nuclear power plant located in the Al Dhafra region of Abu Dhabi Emirate in the United Arab Emirates.
The Operating License, with an estimated duration of 60 years, authorizes Nawah to commission and ......read more
• Application avatars set new ease-of-use standards for pump and conveyor environments.
• PROFIBUS and PROFINET protocol support now added to existing Ethernet/IP and Modbus TCP compatibility for a wider range of applications.
• Flexible load management now allows for autonomous operation mode.
Schneider Electric, the global specialist in energy management and automation, today announced important additions to its versatile TeSys™ island digital load management system solution.
When introduced, TeSys island redefined the way loads are managed and introduced unprecedented potential for efficiency in machine design, installation and service phases. TeSys island is a fully digitized and object-oriented load management system and an Industry 4.0 compliant data provider. With the availability ......read more
Newly developed system seen to help reduce carbon emissions in air-conditioning sector
11 May 2020 - Daikin Middle East and Africa (MEA) recently announced that the “Mini VRV 5-s” air-conditioning system with climate-friendly R-32 refrigerant will soon be available in the region as the company moves to strengthen its contributions to the MEA region, following the rising ......read more
ADPower and Marubeni Corporation form consortium to develop new 2.4GW power plant in Fujairah
New power plant capacity will be able to power the equivalent of 380,000 households
Abu Dhabi, UAE – 16 February 2020: Abu Dhabi Power Corporation (ADPower) and Japan-based Marubeni Corporation announced, today, the formation of a consortium to develop the Fujairah F3 independent power ......read more
The benefits of integrated power and process systems on capital expenditure savings and on operational expenditure savings are very evident and have been acknowledged by engineering companies as well as by end users equally.
Developing Human Capital
Human Capital Management is defined as the process of acquiring, training, managing, retaining employees for them to contribute effectively in ......read more
Written by: Rajesh Sharma, Global Marketing Director for the Schneider Electric Oil & Gas segment
Dubai, United Arab Emirates, February 09, 2020: We are seeing a major shift in sentiment towards sustainability from the major oil & gas companies. More and more major oil & gas producers are acknowledging climate change and that actions can be taken to ......read more
As Paperworld Middle East 2020 celebrates its 10th edition, the industry looks toward the next decade of business prospects
Dubai, UAE: Manufacturers of paper products and office supplies in the Middle East will be looking to evolve their range of goods and services for the coming decade and align with a shift in demand which has been outlined by a number of emerging and lucrative market ......read more
Full year 2019 pro forma GAAP EPS from continuing operations of $(0.74); pro forma adjusted EPS of $3.80
Full year 2019 pro forma operating EBITDA margins up 10 bps more than offsetting 50 bps headwind from lower equity affiliate income
4Q19 Net Sales of $5.2 billion, down 5 percent; organic sales down 2 percent
4Q19 GAAP EPS from continuing operations of $0.24; Adjusted EPS of ......read more
• The Qbera-Schneider Electric Solar alliance brings together the financing and technology needed to provide access to energy in Sub Saharan Africa
• Improving access to energy in Sab Saharan Africa is critical for UN Sustainable Development Goals (SDG) 7
• The first round of projects of 15 MW will be rolled out across in Mali, Ghana and Burkina ......read more
• Based on a self-disclosure survey, the index lists 325 companies that have publicly demonstrated their commitment to equality and advancing women in the workplace
• Schneider Electric’s strong performance highlights its leadership and commitment to gender equality and to ensuring its employees have equal ......read more
Abu Dhabi, UAE – 22 January 2019: The Emirates Nuclear Energy Corporation (ENEC) has achieved 75 million safe work hours at the Barakah Nuclear Energy Plant, reflecting ENEC’s commitment to the highest standards of safety, security and quality in the development of the UAE Peaceful Nuclear Energy Program.
His Excellency Eng. Mohamed Al Hammadi, Chief Executive Officer ......read more
Organised by Dubai Women Establishment, Global Women’s Forum Dubai 2020 announces DEWA as Strategic Sustainability Partner
• Saeed Al Tayer: GWFD’s goals align with DEWA’s efforts to enhance women’s participation in vital sectors, with a particular emphasis on the energy field, as well as areas of innovation and creativity.
• Mona Al Marri: DEWA’s ......read more
• The Consortium wins the project with the record-breaking lowest bid to develop a 55-megawatts electric ac plant
• The solar power plant will significantly contribute to the Bangladesh government’s agenda towards sustainable use of energy-mix
21 January 2019 – The Government of Bangladesh has awarded the Rangunia 55-megawatts electric (MWe) ac grid-tied ......read more
• The Group is ranked in the Corporate Knights Global 100 Most Sustainable Corporations, and the Carbon Disclosure Project (CDP) ‘A-List’
• The rankings were announced on the opening day of the annual World Economic Forum in Davos
January 21, 2020 – Schneider Electric, the leader in digital transformation of energy management and ......read more
Dubai, United Arab Emirates, January 21, 2020: A senior delegation of officials from the Emirates Nuclear Energy Corporation (ENEC) in Abu Dhabi, United Arab Emirates, visited Washington, DC last week to highlight progress around the development of the country’s peaceful nuclear energy program. Their visit to the United States also coincided with the ten year anniversary of the ......read more
January 14, 2020 - Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading international district cooling developer based in the UAE, establishes ‘Tabreed Energy Services’, a new entity consolidating its service businesses to provide customers with an integrated set of consultancy, operations and maintenance ......read more
ENEC highlights the benefits that nuclear energy will bring at World Future Energy Summit 2020
Nuclear energy produces emissions-free electricity 24/7
14 January 2020, Abu Dhabi, UAE: The Emirates Nuclear Energy Corporation (ENEC) has partcipated in the ongoing World Future Energy Summit, part of Abu Dhabi Sustainability Week 2020, to showcase the impactful ......read more
• New green and digital electrical distribution equipment helps the utility meet environmental challenges
• Schneider’s technology uses pure air insulation and vacuum interruption to eliminate use of the SF6 greenhouse gas
• EcoStruxureTM for Electricity Companies helps ensure business continuity through connected electrical equipment and sensors
January 12, 2020 - ......read more
WFES to bring together government and business leaders to ADNEC
Abu Dhabi-UAE: 12 January, 2020: Abu Dhabi National Exhibitions Company (ADNEC) has finalised its preparations to host the World Future Energy Summit 2020 (WFES) and its co-located events including WFES Energy, WFES Water, WFES Solar, WFES ecoWASTE, WFES GREEN BUILDINGS, WFES MOBILITY to be held under the ......read more
Eight National Pavilions Set to Exhibit at the World Future Energy Summit;
Smart Cities Exhibition and Forum Added to Sustainability Conversation;
Climate Innovation Exchange (CLIX) Returns for Third Edition, With Mobility Start-Ups as an Additional Pillar for 2020;
33,500 Buyers, Distributors, Project Owners, Consultants and More Will Look to Abu Dhabi in Search for New ......read more
Dubai, United Arab Emirates; December 24, 2019: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has awarded contracts with a total value of AED1.130 billion during 2019, to various companies as part of the development of District Cooling infrastructure in Dubai. The contracts included engineering ......read more
Dubai, UAE; December 18, 2019: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, confirmed that district cooling service is one among the globally approved solutions by the UN, to help preserving the environment by efficiently saving energy and water every year. This technology plays a major role in combating climate ......read more
Single mixed use community in DIFC recorded year on year savings of AED 2.4 million between January-September to make single biggest contribution
Environmental footprint reduced for over 20 other communities through water and electricity consumption reduction
15 December 2019 – Three60 Communities, a subsidiary of Eltizam Asset Management Group and a leading regional provider of ......read more
With an output capacity of 50k RT
Dubai, UAE: 15th December 2019: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced pilot operation of the world's first unmanned cooling plant at Jumeirah Village Circle in Dubai, with a total cooling capacity of 50,000 Refrigeration Tons (RT).
Empower ......read more
Flow measurement solution helps improve product quality, reduce raw material cost and minimize waste and re-work
December 11, 2019 – Emerson’s Rosemount™ MS Slurry Sensor with the Rosemount 8782 Slurry Transmitter is a slurry magnetic flow meter specifically designed for high noise and slurry applications for use in the oil and gas, mining, and pulp and paper industries. ......read more
Dubai, UAE, 11th December 2019: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, confirmed that district cooling is a key pillar in combating climate change worldwide. Countries are moving towards maintaining a sustainable environment, by adopting environmentally-friendly solutions and services, to create a better ......read more