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
Dubai, United Arab Emirates – May 25, 2022: Based on the financial statements of leading module manufacturers, several authoritative organizations have ranked the global PV and smart energy total solutions provider Trina Solar second worldwide in its shipments of 8GW modules. This is consistent with findings by PV InfoLink, an authoritative PV analysis agency, and PV-Tech, a world-renowned PV media outlet, which ranked global module shipments last year and had Trina Solar in second spot. The company says that this year it expects to hold its ranking by shipping modules totaling 43GW.
Industry analysts say the high-reliability, high power, low-LCOE 210 modules that Trina Solar pioneered and that have become the mainstream of the industry have helped it in its great success. G12-210 Vertex technology has been widely accepted by ......read more
The MENA District Cooling Projects Conference that will take place in Dubai from June 14-15, will be attended by 250 industry experts
1. Global district cooling market size is expected to cross US$150 billion by 2025;
2. The Middle East district cooling market value is estimated to exceed US$15 billion by 2027;
Middle East and North Africa (MENA) region is driving the growth of the US$150 billion global district cooling market – which will be the focus of the two-day MENA District Cooling Projects Conference taking place from June 14-15, 2022, in Dubai, UAE.
Organised by Great Minds Events Management (GM Events), more than 250 delegates including senior government officials, project owners, developers, utility suppliers, industry experts and key stakeholders will participate at ......read more
United Arab Emirates – 7 May 2022: In an evident and dramatic policy shift around the world recently, several countries are now actively pursuing decarbonisation strategies, raising the profile of zero-carbon fuels. As the utilities sector goes through the energy transition, the increasing use of zero-carbon fuels such as green hydrogen is likely to be a significant factor in the quest to decarbonise.
The drive to tackle global warming through decarbonisation has picked up momentum in recent months, with net-zero targets announced by the UAE, Saudi Arabia, and Bahrain (2050), as well as China (2060), Japan, South Korea, and Canada (all 2050), and the Biden administration recommitting the U.S. to the Paris Agreement.
Global demand for hydrogen currently stands at around 8–10 exajoules (EJ), most of which is ......read more
• Deutsche Post DHL joins ABB’s Energy Efficiency Movement to support commitment of reducing greenhouse gas emissions to under 30 million tonnes
• Companies also sign Memorandum of Understanding to support each others goals to cut carbon emissions
Dubai: April 27, 2022: Deutsche Post DHL Group (DPDHL), a leading global brand in the logistics industry, has joined ABB’s Energy Efficiency Movement to reinforce its commitment in reducing its carbon footprint. This is an important step in DPDHL’s initiative to lead the logistics industry towards a greener and more sustainable future, with a commitment to invest €7 billion by 2030 to reduce its greenhouse gas emissions.
Launched in March 2021 by ABB, the #energyefficiencymovement is a multi-stakeholder initiative to raise ......read more
ENEC to highlight positive impact of clean baseload electricity at the World Utilities Congress’ Nuclear Energy Forum
Abu Dhabi, United Arab Emirates – 21 April 2022: The Emirates Nuclear Energy Corporation (ENEC) has signed a strategic agreement with the World Utilities Congress. ENEC will play a central role in supporting the Nuclear Energy Leadership Forum, a key part of the overall Congress, which will address the future of low carbon power and water supplies. Taking place on 09 and 10 May, the Forum will focus on the role of nuclear energy in tackling the parallel challenges of energy security and sustainability, the deployment of safe and reliable nuclear energy for clean electricity generation, technological advancements in nuclear energy, the latest updates in research and development of nuclear ......read more
Equaling 446 times the Burj Khalifa in length
Dubai, UAE - 11, April 2022: Emirates Central Cooling Systems Corporation (EMPOWER), the world’s largest district cooling services provider, revealed that the total length of its district cooling pipeline network across Dubai has exceeded more than 369 kms by the end of 2021, with a remarkable growth of more than 33.2% during the period between 2018-2021. The new total length of the district cooling network in Dubai is 446 times the length of Burj Khalifa, the world's tallest building.
The network expansion in 2021 is attributed to the new projects added to Empower's portfolio, most notably the Marsa Al Arab, and the expansions of Dubai Healthcare City, Dubai Land Residential Complex (DLRC), Business Bay and the expansion of DIFC to provide company’s ......read more
The company’s recently launched transformers for floating applications are the first entry into the OceaniQ™ portfolio of solutions that address the unique challenges of the offshore environment
Dubai, UAE - 6th April 2022: Hitachi Energy launched its OceaniQ™ portfolio1 for the offshore energy environment, which will be showcased this week at the annual WindEurope event in Bilbao, Spain. The global technology and market leader in power grids, which has a proven track record2 in pioneering solutions for offshore, has created OceaniQ to help accelerate the clean energy transition. OceaniQ will result in greater volumes of wind power being efficiently harvested and integrated into the world’s energy system.
Combining cross-industry competence from the power and marine sectors, OceaniQ addresses ......read more
By: Sascha Giese, Head Geek™ at SolarWinds
In 2021, the number of ransomware attacks doubled compared to 2019. Data is the latest industry driver and is becoming a recurring target of ransomware attacks. Protecting mission-critical data is a top priority. But what if the digital firewall fails or you get hit by a worst-case scenario attack? Then only a backup can help.
One year ago, in Strasbourg on the Rhine, a data center was hit by a worst-case attack, and the cloud provider lost the data of thousands of customers. Unlike a ransomware attack, this data can’t be recovered by paying a ransom—it’s gone unless you have a backup.
If you haven’t considered it before, on World Backup Day it’s time to think about how you’re backing up your data and keeping your ......read more
• Oil and gas companies must be included in discussions around achieving the clean energy transition, energy chiefs, experts tell Global Energy Forum at WGS2022
• ‘Energy planning must involve long-term, strategic thinking and policies” Majid Jafar, CEO of Crescent Petroleum
Dubai - 29, March 2022: The global energy transition and future security of the sector cannot be achieved by ad hoc energy policies that focus on single energy sources, Claudio Descalzi,CEO of the Italian energy group Eni stated today.
“It is a big mistake to say we just need renewables,” Claudio Descalzi, said today at the Global Energy Forum organised by the World Government Summit (WGS2022) in Expo 2020 Dubai.
He added: “We know about all the different energy vectors that ......read more
H2 2021 Dividend of AED 1.285 billion (10.285 fils per share), bringing 2021 total dividend to AED 2.57 billion (20.57 fils per share)
Company reaffirms its commitment to maintaining its growth momentum, with plan to deliver 60-80 new stations in 2022, including 20-30 in the UAE and 40-50 in international markets
Positive growth outlook and earnings momentum in both fuel and non-fuel businesses to accelerate in 2022 and beyond
Company remains on track to deliver minimum of $1bn EBITDA by 2023
Attractive dividend policy set to continue with a minimum of AED 2.57 billion dividend for 2022 and yearly dividend equal to at least 75% of distributable profits from 2023 onwards
March 25, 2021: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, delivered a confident, ......read more
Dubai, UAE, 23 March 2022: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced that it has awarded a contract worth AED 193 million to build a new generation district cooling plant, with the aim of providing the Dubai Land Residence Complex (DLRC) region with company’s environmentally-friendly district cooling services in line with international standards. The construction of the building have already begun on the site, and the production capacity of the first phase of the plant will reach 23,500 refrigeration tons (RT) upon completion, which is scheduled to be operational by the first quarter of 2023.
The company also announced that the total production capacity of the new plant will reach 47,000 RT upon completion of all construction phases of the ......read more
March 21, 2022 - Dubai, United Arab Emirates: Join Foxyskin as it swaps lights for candles in vision of a brighter, more sustainable future in partnership with O’right, the carbon neutral and sustainable Taiwanese haircare brand stocked at Foxyskin. Earth Hour isn’t just an hour for the Earth, it is a movement in progression of the betterment of the future, our planet, and its people.
With this year’s theme being Nature & Biodiversity, Foxysskin, the largest platform for natural, premium skincare products, has joined hands with O’right and the Taiwan Youth Climate Coalition inviting everyone in the UAE to join in and help spread the message on the importance of protecting the environment, driving awareness towards climate change and how rapidly it is disrupting the ecosystem.
Foxyskin is also ......read more
Abu Dhabi, March 17, 2022: Under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment Agency-Abu Dhabi (EAD), Abu Dhabi will host the 12th World Environment Education Congress (WEEC) for the first time in the region. The congress has been planned in collaboration and coordination with the Abu Dhabi Convention and Exhibition Bureau of the Department of Culture and Tourism - Abu Dhabi.
WEEC, which is one of the most important events and conferences in the field of environmental education in the world, will take place from January 29 until February 2, 2024, under the theme ‘Connecting People, Creating Tomorrow.’ The hosting of the congress by EAD was officially announced during the 11th edition of WEEC in ......read more
Grid-eMotion™ Fleet smart charging solution to help the City of Berlin reach its goal of a zero-emission bus fleet by 2030
Dubai, UAE - 16 March 2022: Hitachi Energy has won an order from Berliner Verkehrsbe-triebe (BVG), Germany’s biggest municipal public transportation company, to supply its Grid-eMotionTM Fleet smart charging infrastructure to help BVG transition to sustainable mobility in Berlin, the country’s capital.
Hitachi Energy will provide a complete Grid-eMotion Fleet grid-to-plug charging infrastructure solution for the next two bus depots to be converted in the bus electrification program. Hitachi Energy’s solution offers the smallest footprint for both the connection, as well as low noise emissions and high reliability – three key requirements for bus depots in a densely ......read more
3.15 billion dirhams total dividends to shareholders since 2004
The Company generated 2.464 billion dirhams revenues, with a growth of 9.3% and 936 million dirhams net profit, with a growth of 4% in 2021.
Bin Shafar: We are committed to offering value addition to Dubai's economy, our shareholders and customers
Dubai - United Arab Emirates, March 9, 2022: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced a dividend of AED 500 million to its shareholders for the fiscal year ending on December 31, 2021. The dividend payout represents 53.4% of the 936 million dirhams, the total net profit achieved by Empower for the last fiscal year that increased by 4% compared to 2020. The company has also reported an impressive total revenue of AED 2.464 billion ......read more
National non-oil exports set a new record of AED 354 billion, with a growth of 33% from 2020 and more than 47% from 2019
Abu Dhabi - 28 February 2022: The total value of the UAE’s non-oil foreign trade in 2021 amounted to nearly AED 1.9 trillion, reflecting a 27% growth compared to that of 2020, and by 11% compared to that of 2019, as the growth was consistent across all areas of trade including exports, imports and re-exports. The individual non-oil foreign trade figures of all emirates of the country also witnessed growth in varying degrees, which reflects the comprehensive growth achieved by the UAE’s global trade.
The value of national non-oil exports amounted to about AED 354 billion, setting a new record, exceeding AED 300 billion for the first time in its history, achieving a growth of 33.3% compared to that ......read more
Her Excellency Mariam bint Mohammed Almheiri presents UAE’s vision for inclusive COP28 at Munich Security Conference
Dubai, UAE - 21 February, 2022: Her Excellency Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, wrapped up a four-day visit to Germany, where she discussed opportunities for cooperation between the two countries with high-level government and parliamentary officials and key players from the private sector. Her Excellency Hafsa Al Ulama, UAE Ambassador to Germany, accompanied the Minister on the trip.
The visit was part of the UAE’s efforts to build synergies with other countries in driving sustainable development and enhancing food security. Focus areas included climate action, clean energy, especially clean hydrogen, smart AgTech, and food trade. ......read more
Integration of 5G in TRO600 series routers enables a fast, secure, and reliable hybrid wireless network for superior operational efficiency.
Dubai - 16 February 2022: Hitachi Energy has today announced the launch of its new TRO600 series wireless routers with 5G capability, which are purpose-built to help industrial and utility customers achieve high reliability and resiliency in mission-critical operations.
With the integration of 5G1 technology, Hitachi Energy’s TRO600 series routers enable a scalable, flexible and secure, hybrid wireless communication architecture. A hybrid network seamlessly combines the best of public and private cellular with broadband mesh, all managed through a single network management system. This approach unifies communications to all devices, ensuring fast, secure, and reliable ......read more
Net profit of AED 936 million achieved for the year 2021
• 1,413 buildings are catered by Empower with it’s district cooling services.
• District cooling transmission and distribution network reached 369 km in 2021, with a growth of 5.5%.
• Empower consolidates its position for the next two decades with 3 major acquisitions worth 2.040 billion dirhams in 3 months.
• 64% of Empower's portfolio is concentrated in the growing residential sector.
Dubai, UAE – 16 February 2022: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced a record total revenue of AED 2.464 billion for the fiscal year 2021, with a remarkable growth of 9.3% compared to 2020. The company also announced a net profit of AED ......read more
- The participation represents a key part of the company’s strategies to reinforce its presence in Egypt.
- Dragon Oil aspires to reach production rates of 65,000-70,000 barrels per day this year.
Dubai, February 12, 2022: Dragon Oil, an upstream exploration and production platform fully-owned by Dubai’s Government, will participate in the 5th edition of the Egypt Petroleum Show (EGYPS-2022) held under the patronage of His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, during February 14-16, 2022 at the Egypt International Exhibition Center with the support of the Ministry of Petroleum and Mineral Resources-Egypt.
Ali Rashid Al Jarwan, CEO of Dragon Oil, may participate with a working paper within the activities of the conference and exhibition, ......read more
• Fuel volumes see continued recovery throughout 2021, following an economic upturn alongside easing of travel restrictions
• UAE network reaches 462 service station and 346 c-stores, reaffirming Company’s position as the UAE’s largest fuel and convenience retailer
• Continued progress on international expansion with 40 service stations now operational in Saudi Arabia since its entry to the market in 2018
• The Board recommends dividend of AED 1.285 billion (10.285 fils per share) for the second half of 2021, taking full-year 2021 dividend to AED 2.57 billion (20.57 fils per share)
Abu Dhabi, UAE – 11 February 2022: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi ......read more
Dubai, UAE, 11 February 2022: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, takes part as a gold sponsor in the 24th edition of the Arab Nations Basketball Championship, a regional basketball championship for men of Arab world. The championship was kicked off this week in Dubai and will run until February 16, 2022, under the patronage of His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Sports Council. The UAE, as the host country, will participate in the championship along with Lebanon, Jordan, Tunisia, Algeria, Libya and Somalia, to compete for the Cup.
The tournament was launched bearing the name of an outstanding leadership figure beloved to the people of the Emirates, late Sheikh Hamdan bin Rashid Al ......read more
40MW of N-type Vertex modules to be supplied to cater Middle East market energy demands
Dubai, UAE: 9th February 2022 - Trina Solar has signed its first N-type Vertex deal in Middle East with Al-Raebi for Trading Co. during World Future Energy Summit 2022 held in Abu Dhabi in middle January. This first of its kind deal in the Middle East region, aims to supply the Middle East market with 40MW using Trina Solar latest N-type Vertex module to cater to the country’s increasing energy needs. The N-type Vertex module uses PACO technology to increase the power and efficiency up to 690W+.
Al-Rabei, Trina Solar’s authorized distributor in Middle East, will ensure that the country benefits from the latest technology and quality service by supplying Trina Solar’s latest N-type Vertex PV modules that are based on 210mm ......read more
Dubai, UAE, 31 January 2022: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has closed a deal with the ‘Select Group’ to supply 10,915 refrigeration tons (RT) of district cooling energy to 'The Peninsula', the largest mixed-use real estate development in Business Bay.
Empower will start providing its environmentally-friendly district cooling services in phases by later this year, in line with the completion stages of the mega project being developed by Select Group. Inspired by its name from the shape of the plot of land, which is the only peninsula with the largest view in Business Bay, the project extends over an area of more than one million square feet, with an estimated built-up area of 5.5 million square feet. The project is set to become an ......read more
Dubai - 30 January, 2022: Expo 2020 Dubai returns to the world stage more relevant than ever with its theme “Connecting Minds, Creating the Future”. The emirate in Dubai is providing a platform that encourages creativity and innovation in a sustainable environment where exhibitors, buyers, and visitors from 192 countries can collaborate under three main sub-themes – “Opportunity”, “Mobility” and “Sustainability”.
The Ministry of Science, Technology and Innovation Malaysia (MOSTI) leads Malaysia’s participation in Expo 2020 with the Malaysian Green Technology and Climate Change Corporation (MGTC) bringing together 24 ministries, five state governments and 47 agencies to promote over 10 industries with the participation of over 300 companies all housed inside the Malaysia ......read more
The global technology and market leader in power grids has achieved the first-step target in its Sustainability 2030 plan and steps up the pace towards carbon-neutral
Dubai - January 27, 2022 – Hitachi Energy today announced that it has achieved the first-step target set out in its Sustainability 2030 plan – the use of 100% fossil-free electricity in its own operations1. The company is driving towards being carbon-neutral in its own operations by 20302, in line with its Purpose, ‘Advancing a sustainable energy future for all’.
“By achieving 100% fossil-free electricity in our own operations, we have reduced our CO2 equivalent emissions by over 50% compared to 2019,” says Claudio Facchin, CEO of Hitachi Energy. He continued, “The Net Zero challenge is global and it’s about acting ......read more
ADES signs framework agreements with the Abu Dhabi Department of Culture and Tourism, SEHA, UAE University and Emirates Schools Establishment
More than 30 buildings across the Abu Dhabi Emirate to be retrofitted to decrease consumption and reduce CO2 emissions
Abu Dhabi, UAE – January 19, 2022: Abu Dhabi Energy Services (ADES), the energy services market maker of the Emirate of Abu Dhabi, announced today it has signed agreements with leading government entities, including the Abu Dhabi Department of Culture and Tourism (DCT), Abu Dhabi Health Services Company (SEHA), United Arab Emirates University (UAEU) and Emirates Schools Establishment (ESE) to identify power and water savings opportunities in their facilities and buildings across the Emirate of Abu Dhabi.
The agreements were signed today at the World ......read more
Dubai, United Arab Emirates - January 17th, 2022 - TrinaTracker, a leading tracker manufacturer and business unit of Trina Solar Co., Ltd. (SHA:688599), launches Vanguard 1P single-row tracker at the World Future Energy Summit in Abu Dhabi.
Vanguard 1P series, fully compatible with ultra-high power modules ranging from 400W to 670W+, further enriches the tracker's application scenarios and upgrades TrinaTracker solutions.
Natalia Cottrino, Senior Key Account Manager at TrinaTracker, presented the new product during a launch ceremony at WFES and was broadcasted on stream.
Vanguard 1P adopts the 1P single-row design and includes technology advantages that guarantee higher reliability, more significant power generation, optimised balance of system (BOS) cost and enhanced adaptability. In addition, the product ......read more
Dubai, January 5, 2022— Houlihan Lokey (NYSE:HLI), the global investment bank, announced today the expansion of its global Oil & Gas team into the Middle East with the appointment of Rouzbeh Fazlinejad as a Managing Director, based in Dubai. This appointment also marks the launch of the firm’s first industry group in the Middle East.
Mr. Fazlinejad joins the firm having held senior positions at both Berenberg and TD Securities. Most recently, he spent three years as Head of M&A at Berenberg, where he led the establishment of its international M&A franchise and also headed the firm’s relationships in the global energy and infrastructure industry. Prior to this, he spent 12 years at TD Securities, ultimately becoming Head of European Energy, advising clients on both M&A and capital ......read more
The system will cover almost all the power needs of Airlink International UAE’s Logistics Centre, and will offset nearly 1,500 metric tons of CO2 emissions annually
Dubai, UAE, 27 December 2021: Schneider Electric and Airlink International UAE have transformed the Jebel Ali Logistics Center into one of the most sustainable distribution hubs in the country thanks to a solar rooftop solution that will cover up to ninety percent of the site’s energy needs. The solar plant, which is owned by Airlink International UAE and is operated and maintained by Siraj Power, will generate 2,088 MWh in the first year thanks to the 2,000 solar panels installed on the site’s rooftop and offset nearly 1,500 metric tons of carbon dioxide emissions. The solution includes 16 Schneider Electric solar inverters to convert the variable ......read more
HVDC Light® will connect low-carbon power from the mainland grid to ADNOC’s production operations as a strategic project to enable a sustainable, flexible and secure power supply.
Abu Dhabi: Dec 23, 2021 – Hitachi Energy today announced it has won a major order from Samsung C&T Corporation, one of the world’s largest engineering and construction companies, to connect ADNOC’s offshore operations to the onshore power grid in the United Arab Emirates owned and operated by Abu Dhabi National Energy Company PJSC (TAQA).
Hitachi Energy’s HVDC Light® technology and MACHTM digital control platform1 will enable the transfer of cleaner and more efficient power from the mainland to power ADNOC’s offshore production operations, enabling a carbon footprint reduction of ADNOC’s offshore ......read more
• 2022 Piscines to offer around 1,000 seats for aspiring coders to join the immersive assessment stage
• Registration for Piscine 1 closing January 4
• 42 Abu Dhabi curriculum fosters highly transferable skills and innovative thinking to guarantee coders future relevancy in any industry
Abu Dhabi, UAE – 14 December, 2021: 42 Abu Dhabi, the UAE capital’s innovative and disruptive coding school that provides a unique peer-to-peer, gamified learning methodology, will host six pre-selection events in 2022 as part of ongoing efforts to drive student intake and further fuel the emirate’s global coding capital ambitions.
High school graduates, university students, employees, and those looking for work across all industries with an interest in upskilling or reskilling are ......read more
Pioneering Grid-eMotionTM smart charging solution to accelerate an emission-free bus fleet and help the country to achieve climate neutrality
Abu Dhabi - Dec 8, 2021: Hitachi Energy, the global technology leader in power grids, and Yinlong Energy, global battery manufacturer pushing the boundaries of the green energy revolution, today announced that it will be partnering with Emirates Global Motor Electric (EGME), part of Al Fahim Group and the regional distributor of Yinlong energy for the Middle East and Africa, to support the electric mobility initiatives in Abu Dhabi and turn the capital into a more eco-friendly and carbon-neutral city.
With this collaboration, EGME expands its role for the Middle East and Africa as the regional distributor of Yinlong’s e-mobility coupled with smart charging ......read more
• Consumer and commercial customers can order LPG for delivery through the ADNOC Distribution app
• Available in a number of Abu Dhabi-based locations
Abu Dhabi, UAE - 7 December 2021: ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has expanded its LPG delivery service with 30 new trucks added to its existing fleet of 17, to support door-to-door delivery of LPG cylinders to customers in Abu Dhabi within an hour of ordering.
Consumer and commercial customers can place an order through the updated ADNOC Distribution app, with the ability to also utilize the ‘On the Spot’ ordering service is they wish to use their regular delivery agent.
Orders can be paid for through ADNOC Wallet and card payment on the app, as well as live tracking through to ......read more
Cutting Down CO2 Emission by up to 8% and Raising Transporting Efficiency by 10%
Dubai, United Arab Emirates – December 7th, 2021: The global photovoltaics and smart energy total solutions provider Trina Solar unveiled its 600W+ Vertex Module Integrated Delivery Solution globally, clearing the way for its application with 210 ultra-high power modules. This highly reliable solution significantly increases loading power and maritime freight efficiency remarkably, cuts maritime freight costs meanwhile, besides, cuts down CO2 from ocean transport by up to 8%. Innovative 600W+ package solution is especially conducive to the optimal system value of large-scale ground power plants.
Increase 10% transportation capacity, cut down CO2 by up to 8%
With the highest power of Vertex series exceeding ......read more
Clean Energy Certificates empower entities to meet their sustainability goals
Interested parties who would like to track and verify clean energy consumption invited to register
Abu Dhabi, UAE – 28 November 2021: EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supplying of water and electricity across the UAE, today announced that it will conduct the second auction for Clean Energy Certificates (CECs) in Abu Dhabi, on 14 December 2021, following a successful first auction.
CECs empower Abu Dhabi companies to achieve sustainability goals, providing a mechanism to validate claims of producing and consuming clean electricity, while enabling them to reduce their carbon footprint. Notably, CECs will empower Abu Dhabi based entities to ......read more
• First fuel retailer in the Middle East to offer a fully contactless shopping experience using AI technology to allow consumers to shop and pay without the need for a cashier or check out
• Fully autonomous store offers app and bank card entry and payment offers seamless shopping experience
• First next generation store launched at Sheikh Khalifa Energy Complex before wider UAE roll out
Abu Dhabi, UAE – 22 November 2021: ADNOC Distribution, the UAE’s largest fuel convenience retailer, is the first fuel retailer in the Middle East to launch the next generation retail experience, a fully autonomous and contactless and cashier-less ADNOC Oasis store. It offers new, state-of-the-art cashless and contactless payment system and an AI technology enhanced shopping environment.
Busy ......read more
Appointment of new VP marks investment and commitment to company’s go-to-market strategy to better serve customers and channel Partners
Dubai, United Arab Emirates — November 18, 2021: SolarWinds, a leading provider of simple, powerful, and secure IT management software, announced the appointment of Laurent Delattre as vice president for of Europe, Middle East, and Africa (EMEA) sales. Delattre will focus on strengthening the company’s commitment to customers and Partners where he will drive business development, foster strategic partnerships, and oversee the EMEA sales teams. Delattre will be based in France, serving the central Europe, south EMEA and Africa, and Middle East regions.
“I’m pleased to welcome Laurent onto our leadership team, as it’s an important step in our ......read more
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 ......read more
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. ......read more
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 ......read more
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 ......read more
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 ......read more
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) ......read more
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 ......read more
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 ......read more
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 ......read more
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 ......read more
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 ......read more
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, ......read more
- 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 ......read more
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 ......read more
- 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
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
- 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 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
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
- 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 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 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 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
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
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
• 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
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
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 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
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
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
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
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
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
• 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
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
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 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
New Analysis by Boston Consulting Group Reveals That the COVID-19 Crisis May Have Accelerated Peak Demand for Fossil Fuel by More Than a Decade, Causing It to Reach Its Zenith in 2019
Dubai, United Arab Emirates, June 28, 2020: As the short-term economic fallout of the global COVID-19 pandemic becomes increasingly visible, recent research by Boston Consulting Group (BCG) ......read more
3,339 panels covering 2,000 Sqm to result in approximate cost savings worth AED 158,000 annually
Dubai, UAE, 28th June 2020: Emirates Insolaire, a pioneer in the development and application of new solar technologies and a joint venture of Dubai Investments PJSC and Swissinso SA, Switzerland has announced the undertaking of the installation of solar panels at the DEWA ......read more
By Ole Hansen, Head of Commodity Strategy Saxo Bank
Crude oil's rally to the highest levels since early March has paused with the technical outlook beginning to look more challenging. The attention has for now turned from OPEC+ and successful production cuts to concerns that a renewed spike in COVID-19 cases may slow the process towards a further recovery in global demand. On tap ......read more
Dubai, United Arab Emirates, June 25, 2020: Cyril Abiteboul, Managing Director of the Renault DP World F1 team and Keith Pelley, CEO of the European Tour, open up over the challenges they have faced and the important decisions they have had to make in the wake of the COVID-19 pandemic, as part of a three episode mini-series produced by their partner in common, DP World.
The ......read more
• Providing reliable power supply to Ramadi, Fallujah, Saqlawyah, Khalediyah cities and surrounding areas in Al Anbar governorate
• Enabling efficient transmission and a higher utilization of Al Anbar power plant’s generated power to support demand growth
Siemens Energy and the Iraqi Ministry of Electricity have signed a contract for the Al Hamudhia ......read more
Abu Dhabi, UAE. 22 June 2020: ADNOC Distribution, the UAE’s largest fuel and convenience store retailer, has been named the No1. retail brand in the region in the Forbes Middle East Top 100 Companies 2020.
Compiled of the largest and most successful listed companies in the region, the validation comprises in-depth research and data from all stock exchanges in Arab ......read more
Dubai, UAE, 21st June 2020 – Dubai Healthcare City (DHCC), a free economic zone set up to meet the demand for high-quality healthcare, has adopted a simple yet effective energy-conservation initiative with the help of Sharaf DG Energy. In just 30 days, the renowned Dubai-based solar energy and lighting company retrofitted DHCC’s entire parking area.
The scope of the project ......read more
● Co-developed with AVEVA, industrial edge reference designs enable system integrators to simplify IT deployments and facilitate their customers’ digital transformations
● Schneider Electric Exchange digital community connects IT solution providers and system integrators to expand their business
● New tools, training, and community programs open ......read more
Dubai, UAE: June 16, 2020 - Trina Solar Co., Ltd ("Trina Solar" or the "Company") has announced that it has signed an agreement with the Yemeni photovoltaic firm Al Raebi for Trading Co. to be its authorized distributor in Yemen. The agreement comes as a further commitment of Trina Solar’s expansion plans and towards increasing its footprint in the Middle East & ......read more
Global Energy Weekly: Learning to LUV oil
BofA Global Research Media Relations
Dubai, United Arab Emirates, June 14, 2020: Refer to important disclosures at the end of this report (see link below). Please note, you may quote directly from this research report solely in your reporting as a member of the media; however all quotes must be cited as having come from a ......read more
By Ole Hansen, Head of Commodity Strategy at Saxo Bank
Dubai, United Arab Emirates, June 11, 2020: Crude oil has run into profit taking following the OPEC+ expected and already priced in decision to extend production cuts to end July. Multiple challenges to oil's continued recovery exists and with that in mind we suspect the expected consolidation phase has started. ......read more
Dubai, United Arab Emirates, June 11, 2020: Trina Solar Co Ltd today became the first Chinese PV product, PV system and smart energy company to trade on the Shanghai Stock Exchange Science and Technology Innovation Board (Trina Solar; code: 688599), also known as the STAR Market.
At the listing ceremony, Gao Jifan, Chairman and General Manager of Trina Solar, struck the gong, ......read more