Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Energy, Oil & Gas
10th EcoWASTE Exhibition & Forum to create blueprint for addressing region's waste challenges…

The three-day event will promote circular economy and tackle Middle East region’s waste challenges by exploring innovative product and ideas Taking place from April 16 to 18, the EcoWASTE Forum will highlight the region’s effort to curb plastic and industry waste Tadweer Group is the Strategic Partner for the 10th Year in a row Abu Dhabi, UAE, March 4, 2024: The highly anticipated EcoWASTE Exhibition & Forum will return for its 10th edition on April 16 to 18 at the Abu Dhabi National Exhibition Centre. As one of six vertical platforms within the World Future Energy Summit, the Exhibition will explore a wide variety of potential solutions to help close the loop on the Gulf’s waste challenges. Organised by RX Middle East as part of the World Future Energy Summit, with Tadweer Group as Strategic ......read more

Trina solar once again on BNEF tier 1 list for Q1 2024…

Dubai, United Arab Emirates - Trina Solar, a global leader in smart PV and energy storage solutions, has secured a place on the BNEF Tier 1 list once again, thanks to its strong bankability, the great reliability of its PV modules and its highly efficient 210mm n-type products. This consolidates its leadership in the PV and energy storage industry. According to the report for the first quarter of 2024, Trina Solar fully meets BNEF’s Tier 1 criteria, whose threshold is now much higher than was previously the case.   BNEF, a research organization in the field of new energy, is recognized globally for its credibility and expertise. Its more stringent criteria in the latest quarter for PV module Tier 1 recognition require a brand to have provided own-brand, own-manufacture products to six different projects, which have been ......read more

Environment Agency – Abu Dhabi Launches an Odorous Gas Monitoring Network…

Abu Dhabi, 27 February 2024: The Environment Agency – Abu Dhabi (EAD) has launched the ‘Abu Dhabi Odorous Gases Monitoring Network’ as part of a drive to improve environmental protection, reduce nuisance and improve citizens’ and residents’ quality of life. The project is aligned with the UAE’s environmental vision of sustainable development and pollution prevention. Throughout the multi-phased five-year project EAD will ensure that the project encompasses a variety of activities across all potential sources to ensure that they do not adversely impact the environment and local communities. Additionally, it will serve as a valuable tool for early detection and response to odorous gas releases, which cause public annoyance.  During this project, EAD will focus on continuously monitoring the ......read more

Eaton to Showcase Cutting-Edge Sustainable Energy Solutions at LEAP 2024 in Saudi Arabia…

Dubai, UAE, February 26, 2024: Intelligent power management company, Eaton, is pleased to announce its participation in the upcoming LEAP 2024, the global tech event that brings together hundreds of thousands of attendees to discover what’s next for technology. Focusing on Energy Transition and Digitalization, Eaton aims to showcase cutting-edge sustainable technologies that pave the way for a smarter and more energy efficient future.   As Saudi Arabia strides towards renewable energy, the Kingdom has set ambitious targets, with a commitment to sourcing 50% of its power from renewable sources by 2030. Along with its plans to invest $50 billion in renewable energy projects over the next decade, Saudi Arabia demonstrates the growing importance of clean energy in the region. The aforementioned represents a remarkable ......read more

The Department of Energy Reviews 2023 Performance Results and Reports…

Abu Dhabi, February 14 – H.E. Eng. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE), chaired a meeting attended by several CEOs of water and electricity companies in Abu Dhabi. The meeting focused on reviewing Abu Dhabi Water and Electricity Sector's performance results and reports for the year 2023, as well as discussing future plans for 2024. The meeting is part of the ongoing exchange of visits and cooperation between the DoE and its partners in Abu Dhabi, aiming to coordinate efforts, discuss development plans that enhance performance efficiency and excellence, and address all challenges related to the energy sector, ultimately leading to sustainable development in the emirate. The meeting, which was held at the DoE's headquarters in Abu Dhabi, was attended by His Excellency Eng. ......read more

ADNOC DISTRIBUTION REPORTS RECORD $1 BILLION EBITDA IN 2023, DELIVERING ON A KEY CAPITAL MARKETS COMMITMENT…

Company reports Y-o-Y EBITDA growth of 4.6% in 2023, and 15.4% Y-o-Y increase in underlying EBITDA ADNOC Distribution surpasses its 2023 target of opening 25-35 new service stations by adding 41 stations to its network Fuel volumes sold in GCC countries (UAE and Saudi Arabia) rise 11.8% in 2023, while non-fuel transactions grow by 12.9% Y-o-Y Convenience store conversion rate reaches 24.7%, up from 21.7% in 2022, supporting non-fuel gross profit growth of 19.6% Y-o-Y   Abu Dhabi, UAE – February 7, 2024: 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 robust results for 2023, recording a 4.6% year-on-year growth in earnings before interest, tax, depreciation and ......read more

ADNOC Distribution marked a Year of Expansion, Transformation and Continued Fuel & Retail Growth in 2023…

• Company continued network expansion and exceeded its 2023 target to open 25-35 service stations by adding 41 new stations during the year • Non-fuel retail business delivered approximately 12.9% year-on-year growth in number of transactions and hit a four-year-high convenience store conversion rate of 24.7%  • Company launched first phase of fast and super-fast electric vehicle charging points, reaching over 50 charging points across its UAE service stations network • First nine ADNOC-branded service stations were launched in Egypt in 2023 Abu Dhabi, UAE – January 31, 2024: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today announced early operational results from 2023, with full financial results to be shared in February ......read more

Tabreed Achieves Significant Energy Savings with Variable Frequency Drives in Extensive Retrofit Programme…

• Increased energy efficiency marks significant step in decarbonising operations   Abu Dhabi, United Arab Emirates – 30 January 2024: Tabreed, the world’s leading district cooling company, has concluded the third phase of its ‘Tasheel’ programme – an ambitious and extensive retrofit of Variable Frequency Drives (VFDs) to increase energy efficiency and assist in the decarbonisation of its operations.    Tabreed celebrated its silver jubilee in 2023 and is the Middle East’s original district cooling provider. It is, therefore, inevitable that certain plants in its ever-expanding portfolio will feature technology that has since been superseded with more energy efficient methods with lower operational and maintenance costs. While VFDs have been available for many years, ......read more

Astana Grand Mosque takes action to Reduce Energy use by Cutting Heat Consumption by 17.5%…

• Thermal heating solution provided by Danfoss expected to achieve US$55,000 annual savings • Heating system emits less CO2 emissions, fostering a more sustainable future   The Astana Grand Mosque, the biggest mosque in Central Asia, has taken a bold step in lowering CO2 emissions and fostering a more sustainable future with the installation of a new thermal heating solution from Danfoss which reduces heat consumption by 17.5%.    Global engineering group Danfoss helped to provide the Astana Grand Mosque with an energy efficient heating solution to ensure the comfort of worshipers during the harsh Kazakh winters when temperatures can reach -50 degrees Celsius.   The new thermal heating system solution emits less CO2 emissions, fostering a more sustainable future, and it is expected to ......read more

The Gas Safety Committee and Abu Dhabi Department of Municipality and Transport Set Gas Cylinder Safety Protocols for Emirate Construction Sites…

Abu Dhabi, 08 January 2024: As part of its commitment to uphold the highest environmental and health standards at construction sites and ensure fire safety, the Gas Safety Committee, in collaboration with the Abu Dhabi Department of Municipalities and Transport (DMT), has issued a circular addressing the safe use of gas cylinders at construction sites.  The Gas Safety Committee was established in response to an initiative by the Department of Energy – Abu Dhabi, to assess the safety of liquefied petroleum gas systems in buildings across the emirate. One of the committee’s aims is to ensure the safety of its supply and usage by coordinating efforts, reviewing procedures and establishing standards for gas supply and installation activities, in order to prevent gas-related accidents in the Emirate. The Committee ......read more

Abu Dhabi's Non-oil Economy Expands 7.7% in Q3 and 8.6% in First 9 Months of 2023…

• Abu Dhabi’s non-oil GDP surges by 7.7% in Q3 and 8.6% in first 9 months of 2023 • Construction activity grows at a positive rate of 14.3% in Q3 2023 y/y • Total real GDP expands by 2.8% over the first nine months in 2023   29 December 2023, Abu Dhabi, United Arab Emirates: The Statistics Centre - Abu Dhabi (SCAD) has reported a substantial 7.7% growth in the real non-oil GDP of Abu Dhabi during the third quarter of 2023, in comparison to the same period in 2022. This growth is attributed to the success of Abu Dhabi’s comprehensive strategies aimed at fortifying its standing as a prominent economic powerhouse.   Preliminary estimates released by SCAD reveal that most of non-oil activities have sustained growth rates, contributing 52.8% to the overall economy. Despite fluctuations in ......read more

ENEC and China National Nuclear Corporation Sign MoUs to Explore Potential Collaboration on new Nuclear Energy Plants in Third Countries…

- MoU will see ENEC and CNNC work together – both companies have delivered some of the newest nuclear energy plants globally to decarbonize their power sectors. - ENEC and CNNC will also work together to identify potential cooperation in the development and deployment of High Temperature Gas Cooled Reactors (HTGR)  - Global sentiment for nuclear energy at a new high as nations look to this important source of clean electrons and molecules for energy security and sustainability    Abu Dhabi, UAE – 15 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a new Memorandum of Understanding (MoU) with China National Nuclear Corporation (CNNC). The two organizations will collaborate on identifying potential development and co-investment opportunities for new international nuclear energy ......read more

ENEC, EPRI Collaborate on Report Highlighting Nuclear's Role in Decarbonization Efforts…

Abu Dhabi, UAE – 14 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and independent, global energy R&D institute EPRI, have collaborated on a report that outlines decarbonization pathways for the upstream process in the oil and gas industry with the use of nuclear energy.  While the global community is increasingly focused on reducing dependence on fossil fuels, these resources are anticipated to remain integral to the global economy for several decades. Fossil fuels not only provide essential feedstock for the chemical and plastics industries but also serve as a reliable, on-demand energy source for sectors where electrification poses significant challenges. Approximately 8% of global greenhouse gas emissions are directly attributed to oil and gas production activities. Therefore, decarbonizing these ......read more

ENEC and X-energy Partner to Explore Deployment of Advanced Nuclear Energy Technology…

- ENEC and X-energy to assess viability of X-energy’s nuclear technology for the UAE market, and explore development partnerships in the UK and Europe, and a regional deployment framework for the Middle East, Africa, and Indian subcontinent - Partnership to explore ’Green molecule’ production, including hydrogen, and application for energy intensive and hard-to-abate sectors    Abu Dhabi, UAE – 11 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with X-energy, a leading American developer of advanced small modular nuclear reactors and fuel design engineering company, to collaborate on the advancement of nuclear energy technologies. The Memorandum of Understanding (MoU) was signed at COP28 and comes in line with ENEC’s recently ......read more

ENEC and Egypt's Nuclear Power Plants Authority Sign MOU at COP28 for Cooperation on advancing Peaceful Nuclear Energy Use…

- ENEC and Egypt’s NPPA to explore potential opportunities to support decarbonization of power sectors and heavy industries   Abu Dhabi, UAE – 09 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and Egypt’s Nuclear Power Plants Authority (NPPA), the owner and operator of Egypt’s first nuclear energy plant have signed a Memorandum of Understanding (MoU) at COP28. The MoU sets the framework for the two entities to explore opportunities of cooperation in advancing the use of peaceful nuclear energy. The MoU was signed by His Excellency (H.E.) Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC, and Professor Dr Amged El-Wakeel, Board Chairman of NPPA, as global leaders and stakeholders gather at COP28 to advance climate action and policies, furthering the goals of the ......read more

UAE Announces the first Women in Nuclear Middle East Chapter to enhance the Women's Role in Advancing Nuclear Energy and achieving Net Zero…

- Egypt joins the UAE in the Win Middle East Chapter which is open for other regional countries - WiN Middle East chapter aligns with COP28 goals to increase gender equality within sustainability and decarbonization strategies  - ENEC continues to build capabilities and skills of women to play key roles across nuclear science, engineering, and technology -  Female experts are driving innovation and inspiring young women through the UAE Peaceful Nuclear Energy Program  Abu Dhabi, UAE -08 November 2023: The UAE announced today the launch of the Women in Nuclear (WiN) Middle East Chapter. The Chapter was announced at COP 28 by His Excellency Mohamed Al Hammadi, Managing Director and Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC), Dominique Mouillot, President of WiN Global, and Dr Sama ......read more

Renewables Receive Major Boost with Pledges to IRENA's ETAF Platform Exceeding USD 4 Billion…

By surpassing its COP28 target fourfold, the Energy Transition Accelerator Financing Platform (ETAF) signals strong momentum for renewable energy financing in developing countries   Dubai, United Arab Emirates, December 5, 2023 – Today, with the addition of four new partners, financial pledges towards the International Renewable Energy Agency’s (IRENA) ETAF platform reached USD 4.05 billion, surpassing its original target for COP28 by more than fourfold.   The platform, established in 2021 with support from the United Arab Emirates, aims to scale up renewable energy projects that contribute to Nationally Determined Contributions (NDCs) in developing countries, while also bringing benefits to communities through enhanced energy access and security, and promoting economic growth and ......read more

ENEC and Westinghouse Sign MOU for Advanced Nuclear Reactor Technologies at COP28…

ENEC and Westinghouse will explore the potential technical and commercial deployment of the eVinci microreactor in the UAE and overseas to support achieving Net Zero by 2050   Abu Dhabi, UAE – 05 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and Westinghouse, an international leader in designing, developing and deploying commercial nuclear energy facilities, have together signed a Memorandum of Understanding (MoU) regarding the eVinci™ microreactor as a key solution for tackling the dual challenges of energy security and climate change. The MoU signing took place at COP28 between HE Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC and Patrick Fragman, President and CEO of Westinghouse, as world leaders gather in the UAE for a global stocktake on the next round of urgent ......read more

GREE Unveils Revolutionary Solar-Powered VRF System at COP28, Paving the Way for Sustainable HVAC Solutions in the UAE…

This new product line offers cutting-edge solutions that can run directly on solar power, setting the stage for sustainability in the heating, ventilation, and air conditioning (HVAC) industry Dubai, UAE (November 2023): As the world gathers for COP28 in Dubai, a pivotal moment in the global fight against climate change, GREE, the world’s best-selling HVAC manufacturer as per Euromonitor, takes centre stage by unveiling its groundbreaking Solar VRF (Variable Refrigerant Flow) air conditioning system. With its capability of running fully on solar power, this product launch not only marks a significant stride in the HVAC industry but also underscores GREE’s commitment to providing sustainable solutions that align with the environmental goals of COP28. Setting the stage for sustainability in the HVAC industry; GREE is ......read more

ENEC and GE Hitachi Sign MoU for Potential Investment and Deployment of Small Modular Technology as part of ENEC ADVANCE Program…

- MoU focuses on potential opportunities for GE Hitachi’s BWRX-300 technology advancement in the Middle East and Africa - The collaboration strengthens the UAE’s position as a leader in clean energy transition and SMR technology deployment globally   Abu Dhabi, UAE – 03 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with GE Hitachi Nuclear Energy (GE Hitachi). The MoU will identify opportunities for future investment in Small Modular Reactor (SMR) technology development to further consolidate the UAE’s position as a pioneering leader in nuclear innovation, and nuclear energy technology deployment globally.   The MoU is part of the new ENEC ADVANCE program, which aims to expedite and centralize the UAE’s approach to ......read more

Mubadala Energy Partners with Pertamina Geothermal Energy and Chevron to Explore Geothermal Opportunities in Indonesia…

Joint Study Agreement in line with Mubadala Energy’s strategy to play an active role in the energy transition by exploring investments in new energy sectors 14 November 2023 - PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) announced its cooperation with Chevron New Energies International (Chevron) and Mubadala Energy to embark on a Joint Study Agreement (JSA) to explore the geothermal potential in Kotamobagu, North Sulawesi, Indonesia. The JSA was signed during President Joko Widodo’s visit to the United States and witnessed by the Deputy Coordinating Minister for Maritime & Investment Affairs, Jodi Mahardi , Ambassador of The Republic of Indonesia for United States of America, Rosan Roeslani, President Director & CEO PT Pertamina (Persero), Nicke Widyawati and Country Manager Chevron Indonesia, Wahyu ......read more

Global Satellite Operators' Association Releases Code of Conduct on Space Sustainability…

13th November 2023 – The Global Satellite Operators Association (GSOA) today released its Code of Conduct on Space Sustainability, calling on operators to implement responsible practices that mitigate the risk of in-orbit collision, minimize the threat of non-trackable debris, protect humans in space and limit effects on optical astronomy.    Satellite communications services provide essential connectivity that complements terrestrial networks and contributes to the delivery of universal service and coverage.  Satellite connectivity can significantly help reduce today’s digital divide, as the number of satellite broadband users is set to double to at least 500 million people by 2030.   “Satellites in all orbits deliver vital satellite connectivity and high throughput broadband services. ......read more

ADNOC Drilling and Alpha Dhabi to Establish Strategic Partnership…

Joint Venture to create dedicated platform targeting global investments in technology-enabled oilfield and energy service companies  Innovative partnership underpins ADNOC Drilling’s market-leading position as an integrated drilling services provider, powering its growth and expansion strategy Partnership highlights Alpha Dhabi's dedication to diverse and innovative ventures  Strategic collaboration between two leading Abu Dhabi entities with complementary capabilities to accelerate domestic economic development and diversification Abu Dhabi, UAE – November 10, 2023: ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) and Alpha Dhabi Holding PJSC (‘’Alpha Dhabi’’) (ADX: ALPHADHABI) have agreed ......read more

Using Energy at the Right Time can Save 40 Million Tons of CO2 Emissions Annually in the UK & EU, new Whitepaper Reveals…

New study by Danfoss shows roll-out of demand-side flexibility technology can achieve annual societal cost savings of €10.5 billion by 2030, and 7% savings on electricity bills for households Regional President at Danfoss Turkey, Middle East, and Africa, praises GCC's leading role in global green climate initiatives, stresses the need for energy efficiency solutions   A new analysis commissioned by Danfoss reveals that an ambitious but realistic roll out of demand-side flexibility technology in the EU and UK can save 40 million tons of CO2 emissions each year by 2030, more than Denmark’s domestic climate footprint. Additionally, the EU and UK can achieve an annual societal cost savings of €10.5 billion by 2030 and €15.5 billion by 2050. These savings already account for the majority of ......read more

Hitachi Energy acquires eks Energy…

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions Dubai - October 31, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC (Powin), a top global energy storage system provider. The investment also marks the establishment of a strategic partnership with Powin, who maintains a significant ownership stake in eks Energy. As the world transitions to more renewable energy sources, the global demand for battery energy storage systems (BESS) continues ......read more

EMICOOL Honored with Platinum Award at Global ESG Awards for Notable Water Conservation Initiatives…

Dubai, UAE 26th Oct 2023: Emirates District Cooling Company (EMICOOL), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis, a leading global investor in sustainable infrastructure has been recognized with the prestigious Platinum Award at the Global Environmental, Social, and Governance (ESG) Awards. The accolade celebrates EMICOOL's outstanding contributions to water conservation and sustainable practices within the community. Global ESG Awards, recognizes pioneers and celebrates companies at the forefront of fostering sustainable development and awards winners in categories aligned with the 17 UNSDGs. The key highlight of the award included EMICOOL’s water efficiency project that has made a profound and lasting impact, reiterating the ......read more

Dubai Autodrome Eliminates the Equivalent of 965 Trucks in CO2 Emissions as It Accelerates Sustainability Efforts…

• In its first full year of operations, the venue eliminated 4,544 metric tons of CO2 emissions through its state-of-the-art solar panels project – coinciding with one of its busiest motorsport seasons.   • Almost a quarter of Dubai Autodrome’s total solar energy was put back into Dubai's electricity grid, benefiting communities across the UAE.     Dubai, 25 October 2023: As part of its ongoing efforts to be a sustainable venue, Dubai Autodrome eliminated 4,544 metric tons of CO2 emissions through its solar panels project in the last 12 months, while almost a quarter of its total annual unused solar energy was put back into Dubai’s electricity grid to help serve the UAE’s communities.    The figure is the equivalent of the removal of 965 trucks from roads ......read more

Hitachi Energy Passes 150 GW in HVDC Links Integrated into the Power System, Expands Capacity to Meet Accelerating Energy Transition Demand…

• $3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships   • Workforce expansion with more than 8,000 people hired • 150 GW of HVDC links integrated into the power system by Hitachi Energy                 Dubai - October 24, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has enabled more than 150-gigawatts (GW) of high-voltage direct current (HVDC) links around the world integrated into the power system – sufficient to meet the peak power demand for Japan. The announcement follows the delivery of the first power from Dogger Bank, the world's largest offshore wind ......read more

ADNOC Gas Signs $500-700 Million LNG Supply Agreement with JERA Global Markets…

Agreement reinforces ADNOC Gas’ position as a global LNG export partner of choice   Agreement builds on the long-standing energy partnership between the UAE and Japan and underscores the Company’s growing global presence, particularly in the Asian LNG market  Latest agreement brings the total value of LNG supply deals since ADNOC Gas’ listing in March this year to between $9.4 billion and $12 billion    Abu Dhabi, UAE – October 17, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), a large-scale integrated gas processing company, today announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED1.8 billion) and $700 million (AED2.5 billion), ......read more

MMEC Mannesmann Signs MoU with Linde Group to Enhance the Growth of the Gas and Renewable Energy Sectors in Abu Dhabi…

Abu Dhabi, UAE - 4 October: MMEC Mannesmann, the leading Emirati company specializing in the oil, gas, mining, and renewable energy sectors, has signed a Memorandum of Understanding (MoU) with Linde Group. This MoU outlines a collaborative framework between the two parties, focusing on providing innovative solutions and services that contribute to enhancing growth in the oil, gas, and renewable energy sectors in Abu Dhabi. The MoU was signed during MMEC Mannesmann's participation in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2023), in the presence of His Excellency Alexander Schonfelder, the Ambassador of the Federal Republic of Germany to the UAE. Eng. Anas Al Juaidi, CEO of MMEC Mannesmann, and Mr. Steffen Richter, Head of Cluster Middle East and Türkiye at Linde Group, and several officials and ......read more

Under the Framework of the Abu Dhabi Mangrove Initiative, Mubadala Energy Joins Environment Agency – Abu Dhabi's Commitment to Nature-Based Solutions, Planting 700,000 Mangroves…

Company also signs Abu Dhabi Mangrove Initiative Pledge, launched by the Environment Agency – Abu Dhabi to support a range of mangrove and blue carbon conservation initiatives. Abu Dhabi – 3 October, 2023: Mubadala Energy, the Abu Dhabi-based international energy company, has announced a major commitment to enhancing the role of nature – based solutions by planting 100,000 mangroves a year until 2030. The company is one of the first to join forces with the Environment Agency -Abu Dhabi (EAD) and its Abu Dhabi Mangrove Initiative to accelerate conservation and research efforts around mangroves, supporting the UAE’s net zero goals and the Mangrove Alliance for Climate (MAC).  The ADMI Partner’s Pledge signed by Mubadala Energy establishes a framework to help conserve and restore mangroves and other ......read more

ADNOC Gas Awards $615m Contract for One of MENA's Largest Integrated Carbon Capture Projects…

Company awards EPC contract for carbon capture units at the Habshan gas processing plant, part of ADNOC’s wider carbon management strategy Project to capture and permanently store up to 1.5 million tons of carbon dioxide per annum as ADNOC builds unique platform to connect sources of emissions and sequestration sites Over 65% of the contract value to flow back into the UAE’s economy through ADNOC’s ICV program Abu Dhabi, UAE – October 3, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), a large-scale integrated gas processing company, announced today it has awarded a $615 million (AED2.26 billion) Engineering, Procurement and Construction (EPC) contract to Petrofac Emirates for constructing carbon capture ......read more

EGA Achieves Another Summer of Zero Heat-related Illnesses…

United Arab Emirates, 3 October 2023: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced today the company achieved zero heat-related illnesses for the second summer in a row. Heat-related illness is a hazard for anyone working outside in the UAE summer, and can be fatal if left untreated. EGA’s industrial processes generate additional heat, and must operate around the clock every day of the year. EGA has developed its system to combat heat-related illness over more than a decade. The company's annual ‘Beat the Heat’ programme is a comprehensive, summer-long effort across all EGA’s operations. Employees are trained to recognise early signs of heat stress in themselves and their colleagues, and are empowered and equipped to take ......read more

DP World Celebrates Gold Win for Pioneering Rooftop Solar Power Programme at Gulf Sustainability Awards 2023…

Largest distributed rooftop solar project in the Middle East with over 157,000 solar panels receives recognition for outstanding environmental sustainability efforts Dubai, UAE, October 3, 2023: DP World, a leading provider of global end-to-end supply chain solutions, was awarded Gold in the Environmental Sustainability Programme category at the Gulf Sustainability Awards 2023 in recognition of its dedication to enabling sustainable transformation through its Solar Power Programme.    DP World’s Solar Power Programme is the largest rooftop solar photovoltaic (PV) programme in the GCC, and the largest distributed rooftop solar project in the Middle East. The programme has seen the installation of over 157,000 solar panels across the expansive 57 square kilometres of the Jebel Ali Free Zone (Jafza) and Port Rashid on ......read more

Kanoo Energy Takes Center Stage at ADIPEC 2023 with Next-Gen Energy Solutions…

• Pioneering the path with a robust focus on decarbonization and state-of-the-art technology.   27th Sep, 2023, Abu Dhabi, UAE - Kanoo Energy, Part of Kanoo Industrial & Energy, is all set to participate in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023. From October 2nd to 5th, at stand 12330 in hall 12 explore a realm of innovative technology solutions tailored for the Oil and gas and petrochemical sectors.   As the UAE gears up for COP28, there is an abundance of palpable energy in the air. Kanoo Energy is committed to its vision for cleaner skies, a robust economy, fortified energy security towards the energy trilemma, and a cascade of socio-economic benefits. Kanoo Energy, with its storied legacy of championing renewables and sustainability, stands at the forefront of ......read more

Adnoc Distribution Board Approves $350 Million (Aed1.285 Billion) Interim Cash Dividend for First Six Months of 2023, Equivalent to 10.285 Fils per Share…

• Company’s dividend policy sets a minimum dividend of $700 million (AED2.57 billion) for full-year 2023, subject to shareholder approval    • Since its IPO in 2017, ADNOC Distribution has consistently delivered attractive shareholder returns and has paid a total of $3.7 billion (AED13.6 billion) in dividends   • The deadline for purchasing shares to qualify for interim dividend payment is 3 October 2023     Abu Dhabi, UAE – September 26, 2023: 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 announced the Board of Directors’ approval of an interim dividend of $350 million (AED1.285 billion) for the first six months of 2023, ......read more

UAE-France Energy Days: Edition 7 Brings Energy Industry Leaders Together for Collaborative Exchange…

Abu Dhabi, UAE – 22 September 2023: Reinforcing bilateral collaboration and strategic partnerships between the UAE and French energy companies was discussed during the 7th edition of the UAE-France Energy Days held on 13 September in Dubai and 14 September in Abu Dhabi 2023. In Abu Dhabi, the event was attended by senior officials from ADNOC’s upstream and downstream businesses, including Borouge. Other prominent energy players, such as Total Energies, Vinci Energies, and Fives Group, participated in the conference and presented cutting-edge engineering solutions covering a wide range of areas including renewable energies, industrial and environmental offerings, safety and maintenance, logistics, operational excellence, and training services, among others.    H.E. Nicolas Niemtchinow, French Ambassador to the ......read more

More than 250 Organisations Call for Transformative Target to Triple Renewable Power Capacity by 2030…

A global multi-stakeholder coalition highlights the urgency of action on the energy transition required from world leaders as they gather in New York with just 73 days to go until COP28   18 September 2023 | Companies and organizations representing a market value of more than $12 trillion, responsible for the majority of global renewable energy deployment and from all six populated continents have published an open letter to world leaders calling for a target to triple renewable energy capacity to 11,000GW by 2030 to be agreed at COP28 later this year.    The call for action comes from a diverse cross-section of stakeholders in the energy sector: international governmental organizations, producers, buyers, supply chain actors, civil society, environmental groups and youth. Around half of the signatories are based in ......read more

Motul Launches NGEN Range of Engine Oil in ME, Merging Performance with Sustainability…

The significant step towards showcasing a resolute commitment to sustainability, while keeping Motul’s legacy of high-performance oils in the market, reduces carbon footprint significantly in the manufacturing process. Dubai - September 12th, 2023: Motul, one of the world’s leading companies specializing in the formulation, production, and distribution of high-tech engine oils, has announced the launch of its NGEN range of engine oil in the Middle East. Motul aims to tackle new challenges in the marketplace with this new engine oil that combines sustainability and high performance.  The NGEN range is made of bio-sourced and premium regenerated base oils for passenger hybrid cars and motorbikes, respectively. The lubricant range made from renewable, non-fossil sources limits Motul’s environmental impact and ......read more

G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption…

Leaders at the G20 Summit Agree to Triple total Renewable Energy Capacity and Underscore Global Need for Over USD 4 Trillion of Annual Investments Until 2030   Abu Dhabi, UAE 11 September 2023 - G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets.    In a declaration adopted on Saturday, the Group cites a joint report between IRENA and India's G20 Presidency, titled "Low-Cost Financing for Energy Transitions", which estimates a need for over USD 4 trillion in annual investments by 2030.   According to IRENA’s “World Energy Transitions Outlook 2023”, released earlier this year in June, the ......read more

Joint Committee for Security & Safety Launches Survey to Promote Safety Compliance & Awareness at Petrol Stations…

•The bilingual survey targets all users and visitors of petrol stations across the UAE. •Comprehensive survey features nine sections, divided between two key aspects: awareness and commitment. Dubai, September 5, 2023 The Joint Committee for Security and Safety, represented by the Ministry of Energy and Infrastructure, the General Command of Civil Defense at the Ministry of Interior, and its strategic partners, has launched a comprehensive survey to measure the level of public awareness and compliance with security and safety protocols as part of the joint national awareness campaign for security and safety at gas stations 2023. The awareness campaign, which is set to run until September 25th, 2023, was carried out in partnership with prominent entities such as Emirates National Oil Company (ENOC), Abu Dhabi ......read more

Trina Solar Empowers Saudi Arabian Desalination Plant with Vertex N 700W+ Series Modules…

Dubai, UAE – 30 August 2023 – Trina Solar, the leading global PV and smart energy total solution provider, has successfully powered a groundbreaking desalination plant in Jubail, Saudi Arabia, with its cutting-edge Vertex N 700W+ series solar PV modules. The photovoltaic power station, boasting a substantial installed capacity of 45.5 MW, was recently integrated into the grid through the expertise of SEPCOIII, a subsidiary of Power China. The Jubail 3A Independent Water Plant, located in the eastern city of Jubail, represents Saudi Arabia's pioneering leap into large-scale integrated water desalination bolstered by solar energy. This innovative project serves as a landmark in the country's sustainable energy journey, generating electricity to fulfill 20% of the plant's daily energy requirements. Notably, it is ......read more

Renewables Competitiveness Accelerates, Despite Cost Inflation…

Global power sector saved fuel costs of USD 520 billion last year thanks to renewables, says new IRENA report   Abu Dhabi, United Arab Emirates, 29 August 2023 – The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to ......read more

UN Declares IRENA's Founding Date as International Day for Clean Energy…

IRENA endorses UN resolution proclaiming 26th January as International Day of Clean Energy, calling it a meaningful step towards achieving a just and inclusive energy transition.   Abu Dhabi, United Arab Emirates, 25 August 2023 – Today, the United Nations General Assembly (UNGA) has adopted a resolution proclaiming the 26th January as the International Day of Clean Energy, the anniversary day of the founding of the International Renewable Energy Agency (IRENA) in 2009. By selecting the 26th January, the 193 Member States of the UNGA acknowledge IRENA’s leading role in accelerating the global, renewables-based energy transition.   Welcoming the UN resolution, IRENA Director-General Francesco La Camera said: “It is with much enthusiasm that I applaud the UN and its Member States, including the United ......read more

Partnership Forged to Accelerate the Energy Transition: Hitachi Energy and Google Cloud Combine Energy and Digital Expertise to Advance Sustainability Initiatives…

● First solution from partnership delivers comprehensive Energy Planning and  Trading data  ● Advanced data analytics, generative AI drives faster, more complete view of  energy information      Dubai: August 25, 2023 - Hitachi Energy, a global technology leader advancing a sustainable energy future for all, and Google Cloud have signed a strategic agreement to collaborate and co-create on multiple cloud software products and services designed to support the global energy transition. The first demonstration of the joint value of the relationship, Hitachi Energy’s Velocity Suite Power Prices, is now available on the Google Cloud Marketplace.     The launch of Velocity Suite Power Prices marks the first milestone in the Google Cloud and Hitachi Energy ......read more

Mubadala Energy's 2022 Sustainability Report Signals its Intensified Focus on Decarbonisation Initiatives…

Latest report covers key Environment, Social and Governance (ESG) priorities with notable enhancements on GHG emissions and energy intensity performance indicators. Abu Dhabi, 9th  August 2023:  Mubadala Energy, the Abu Dhabi-based international energy company, has today released its latest Sustainability Report. In a pivotal year for the company in which it launched a new strategy focused on expanding its business in low-carbon solutions supporting the energy transition, and unveiled a new name and brand, the company recorded substantial progress on key ESG priorities, guided by its sustainability strategy. Although 2022 saw unprecedented disruptions in the global energy industry, Mubadala Energy’s focus on embedding sustainability across its business resulted in its enhanced performance across several of its ......read more

Hitachi Energy Selected for Multi-Project Agreement to Secure Large-Scale Renewable Integration in Scotland…

Five large HVDC systems in Scotland will transmit wind power to the south, playing a key role in the UK’s energy transition Dubai, July 31, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by SSEN Transmission, part of the UK energy giant SSE plc, to supply multiple onshore high-voltage direct current (HVDC) converter stations to accelerate the integration of bulk renewables into the UK power grid. The agreement includes the deployment of up to five HVDC “power corridors,” or electricity transmission superhighways, to enable large amounts of future renewable power to be transported from northern Scotland to areas of higher consumption in the south. Each of these connection systems has a capacity of up to 2 gigawatts (GW) and a ......read more

Mubadala Energy and Pertamina Collaborate on Carbon Capture, Utilization and Storage Applications in Indonesia…

Collaboration will focus on CCUS, in line with Mubadala Energy’s commitment to delivering its low carbon energy strategy Abu Dhabi– 25 July, 2023: Mubadala Energy, the Abu Dhabi-based international energy company, and Pertamina, the Indonesian state-owned integrated energy company, have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilization and storage (CCUS) applications in Indonesia.  In line with Mubadala Energy’s commitment to play an active role in the energy transition and explore new energy solutions including CCUS, the partnership will see both companies cooperate to conduct joint studies and, potentially, business development activities in this strategic area of carbon mitigation.  The agreement ......read more

Mubadala Energy and Masdar Collaborate on Decarbonization and Energy Transition Initiatives…

Collaboration set to leverage expertise to accelerate decarbonization of Mubadala Energy’s portfolio in line with energy transition strategy, and explore growth in targeted new energy investments Announcement comes as the United Arab Emirates prepares to host COP28, and supports the country’s net-zero and sustainability commitments. Abu Dhabi – 17 July, 2023:  Mubadala Energy, the Abu Dhabi-based international energy company and the Abu Dhabi Future Energy Company (Masdar) have entered into an agreement to explore and potentially engage in opportunities relating to decarbonization and energy transition initiatives. The partnership will see both companies jointly explore collaborations that leverage Mubadala Energy’s deep technical capabilities across its operated and non-operated portfolio, ......read more

‘Water Security & Clean Energy Forum' Drives Climate-Tech Action in Abu Dhabi…

Advanced Technology Research Council, Department of Energy Join Forces to Resolve UAE’s Complex Water and Energy Challenges   Abu Dhabi-UAE: July 11, 2023 – Today, the Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s technology R&D ecosystem, along with its subsidiaries ASPIRE and the Technology Innovation Institute (TII), has joined forces with the Abu Dhabi Department of Energy (DoE) to launch the Water Security & Clean Energy Forum. This transformative initiative brings together government and private sector entities to address the pressing water and energy challenges faced by Abu Dhabi and the wider country.     In line with the UAE’s Year of Sustainability, the forum convened industry regulators, operators, scientists, ......read more

Other Top Stories from Energy, Oil & Gas
 
Empower Reinforces its Commitment for the Reduction of CO2 Emissions in the UAE…

Dubai, UAE, 06 June 2021:  Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, reaffirmed its full and complete commitment to support the UAE’s global climate interests and to actively contribute to consolidating and maximizing the State achievements in terms of climate action in line with its voluntary commitments under ......read more

Hitachi ABB Power Grids announces Sustainability 2030…

Sustainability 2030 is the business’ strategic plan for sustainability, which draws from the UN’s Sustainable Development Goals and is focused on: Planet, People, Peace and Partnerships. DUBAI - June 5, 2021:  Hitachi ABB Power Grids today announced Sustainability 2030 – its strategic plan for sustainability. Through Sustainability 2030 the global technology leader has ......read more

Abu Dhabi Airports and Masdar complete development of largest solar-powered car park in Abu Dhabi ...…

• Solar photovoltaic (PV) panels installed on car shading at short-term car parking facility at the Midfield Terminal  • Project will provide three megawatts (MW) of clean energy to the airport and save 5,300 tonnes of CO2 per year   Abu Dhabi, United Arab Emirates, June 1, 2021:  Abu Dhabi Airports, the owner and operator of the emirate’s five ......read more

Noor Abu Dhabi takes lead in training UAE students to become solar professionals…

World’s largest single-site solar project signs MoU with Abu Dhabi University May 29, 2021: Noor Abu Dhabi, the world’s largest stand-alone operational solar photovoltaic (PV) plant located in Abu Dhabi’s Sweihan region, has signed a Memorandum of Understanding (MoU) with Abu Dhabi University to offer internships to students in the company’s solar power plant. The move ......read more

BofA - Global Energy Weekly: Oil Macro Bulls Battle Micro Bears…

May 23, 2021:  We have long argued oil was capped at $70/bbl in 2021… The combination of easy monetary and fiscal policy, a roaring Chinese economy, and growing global infrastructure spending plans have all conjured up a turbocharged macro outlook for many raw materials from bulks to metals to agriculture in recent months. In turn, the large upward move in commodity prices has ......read more

Samsung First Company in Nine Years to Receive ENERGY STAR's Corporate Commitment Award…

May 20, 2021:  Washington, D.C. May 20, 2021: Today the Environmental Protection Agency (EPA) presented Samsung with the rare ENERGY STAR Corporate Commitment Award for the company’s longstanding and multifaceted commitment to demonstrating leadership and partnership with ENERGY STAR and mitigating climate change. Addressing the climate crisis requires organizations to take holistic ......read more

Daikin launches two new series of air purifiers for the Middle East and African region…

May 18, 2021 – Daikin, the leading global innovator and provider of advanced, high-quality air conditioning, heating, ventilation, and refrigeration (HVAC-R) products and solutions for residential, commercial, and industrial applications, has announced the launch of its new series of Air Purifiers for the Middle East and African (MEA) region. The move follows the company's recent ......read more

BofA - Global Energy Weekly: Oil's EMerging Divergence…

EMs are poised to lag the DM oil demand surge  Even as Covid-19 cases hit record levels this week, oil prices have moved higher on growing vaccination numbers in Developed Markets. Recent data points to the high effectiveness of vaccines at preventing infections and fatalities. So both U.S. and European governments are pushing ahead with big reopening plans. Linked to this immunization ......read more

Siemens Energy to Rebuild West Mosul's Super-Grid Station to Strengthen Iraq's National Grid…

• New project to transmit power to 700,000 citizens • 400-kV station to be the largest in Northern Iraq   May 04, 2021:  Siemens Energy and the Ministry of Electricity of the Republic of Iraq signed a contract to construct Iraq’s West Mosul 400-kilovolt (kV) super grid station, which will provide reliable and efficient power supply to around 700,000 Iraqi ......read more

ADNOC Distribution Partners With A-Map To Facilitate Lubes And Greases Nationwide Distribution In ...…

ADNOC Distribution, the UAE’s largest fuel and convenience store retailer, announced today that it has entered a five-year partnership with Al Muqarram Auto Spare Parts Trading (A-MAP), a market leader specializing in the distribution of quality and reliable aftermarket automotive spare parts, to distribute ADNOC Voyager lubes and greases in the UAE, outside of the ADNOC service station ......read more

Saudi Arabia Sees its First Wind Farm from Vestas Coming Together…

• Consortium led by renewable energy leaders EDF Renewables and Masdar is delivering the Dumat Al Jandal first utility-scale wind farm project in Saudi Arabia and the largest in the Middle East   • Vestas has installed half of the 99 V150-4.2MW™ wind turbines to reach a power capacity of more than 400MW upon full completion of the wind farm’s construction and its ......read more

Hitachi ABB Power Grids and GE Sign Landmark Agreement to Reduce Environmental Impact in the ...…

• An industry first, two global leaders in power technologies have entered into a non-exclusive, cross-licensing agreement that will allow them to expand their range of high-voltage equipment using a game-changing gas alternative to sulfur hexafluoride (SF6) • SF6 an insulating and switching gas commonly used in high-voltage electrical equipment, is a potent greenhouse ......read more

Trina Solar Further Expands Its Regional Presence in the Middle East and Africa…

Announces appointment of Solar Power Etal as new distributor in Nigeria Dubai, UAE – April 28 – Trina Solar Co., Ltd., a leading global PV and smart energy total solution provider, is announcing the signing of an official distributor agreement with Solar Power Etal to supply Trina Solar’s products and solutions in Nigeria. The new appointment comes as part of Trina ......read more

SolarWinds Improves Placement on Completeness of Vision Axis in the 2021 Gartner Magic Quadrant for ...…

Company acknowledged in the Gartner Magic Quadrant for third straight year; also listed in the 2021 Gartner Critical Capabilities for Application Performance Monitoring Dubai, United Arab Emirates – April 27, 2021:   SolarWinds (NYSE:SWI), a leading provider of powerful and affordable IT management software, today announced it has improved its placement on the Completeness ......read more

Global Energy Weekly: US Nat Gas Throws in the Towel…

Key takeaways    •         Warm weather and weak industrial demand boosted end of Mar storage levels to 1.78 Tcf, nearly erasing the storage deficit •         Also, US gas output ramped up to 11 month highs in Mar at 91.4 Bcf/d and now a surge in associated gas volumes looms •        ......read more

Hitachi ABB Power Grids Launches EconiQ™ – Exceptional Solutions for the Environment…

The EconiQ™ portfolio of products, services and solutions contribute towards a carbon neutral-future and accelerate the green energy transition.  Dubai - April 21, 2021:  Hitachi ABB Power Grids today launched EconiQ™ – its portfolio of products, services and solutions that are proven to deliver exceptional environmental performance. With EconiQ, the global ......read more

Trina Solar Announces 2020 Financial Results…

 Reporting Operating Revenue of US$4.263 billion (RMB 29.418 Billion), 26.14% More Than 2019  Achieving Net Income Attributable to Shareholders of US $178 Million (RMB 1.229 Billion)   Company’s Total Module Capacity Reached 22GW   Module Shipments Reached 15.915GW, Ranking Third in The World   Dubai, United Arab Emirates – April 21, ......read more

Trina Solar's Vertex S Rooftop Orders Exceed 2GW Globally…

Dubai, United Arab Emirates – April 12, 2021: Trina Solar, the world's leading global PV and smart energy total solutions provider released, the total volume of the orders for its distributed products Vertex 500W and Vertex S 405W has surpassed 2GW, which have spread their footprints all over the world with high reliability and power generation efficiency. In addition, the first batch ......read more

ALEC Energy Secures Projects Yielding 10.4MWp…

• ALEC Energy capitalises on industry demand with eight new projects in Q1 2021, supporting the UAE’s ‘Energy Strategy 2050’    United Arab Emirates -  April 01, 2021:  ALEC Energy, a related business of ALEC Group announces the successful signing of eight new solar projects in Q1 2021, yielding an aggregated capacity of ......read more

Siemens Energy Signs Long-term Service Contract With Aramco to Ensure Power Supply at Key Oilfields…

• 15-year LTSA covers power supply at four major oilfields • Ensures lower emissions, improved reliability, and efficiency • Develops local economy with training and jobs   March 31, 2021:   Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields. This ......read more

The Ministry of Energy and Infrastructure and Etihad Rail Partner for Issuances of Safety Permits ...…

• Achieved 34% of overall progress on Stage Two of the network  • Suhail Al Mazrouei: Transportation is a key enabler of growth in the UAE’s industrial and service sectors • Shadi Malak: The directives of Sheikh Theyab bin Mohammed bin Zayed alongside the Ministry’s support are key pillars for building a railway network in line with international best ......read more

AIWF and WiSER Sign MoU to Drive Female Participation in Sustainability…

The Arab International Women’s Forum (AIWF) and Women in Sustainability, Environment and Renewable Energy (WiSER) sign Memorandum of Understanding to inspire women of all ages to play active role in addressing global sustainability challenges. United Arab Emirates -  March 23, 2021:  The London-based Arab International Women’s Forum (AIWF) and Women in ......read more

Crude oil tumbling on rising risk adversity and weaker s/t demand…

By Ole Hansen, Head of Commodity Strategy at Saxo Bank  A quick note on oil which so far has tumbled 7.5% today in its biggest one-day crash since October. We have for a while now been arguing the price of oil had reached levels that was no longer supported by current fundamentals. Adding to this rising risk adversity from the relentless rise in bond yields and an elevated spec long which ......read more

DNV GL Report on Trina Solar Vertex 210mm Modules' Advantages with Fixed Tilt Underlines Value in ...…

BOS costs reduced by 6.3%   14th March 2021, Dubai - The internationally authoritative third-party organization DNV GL began the third round of assessment of the BOS cost and LCOE of Trina Solar’s 210mm Vertex modules. The assessment took place in Aomori prefecture, Japan. In the assessment, the BOS cost and LCOE were compared between two sets of 210mm Vertex module and 182mm ......read more

World's Leading PV Inverter and Tracker Brands to Launch Products Compatible with Trina Solar's 210 ...…

United Arab Emirates -  March 04, 2021:   The world's leading photovoltaic inverter brands have announced the market launch of inverters and trackers compatible with the 210 Ultra High-Power Modules, significantly promoting smooth chain collaboration in the industry and the reduction of Levelized Cost of Energy (LCOE), thus accelerating the pace of entering grid parity ......read more

Trina Solar 660w+ Series Modules in World First With Certification From Tüv Rheinland…

Dubai, United Arab Emirates – 16 February 2021:  Trina Solar today announced that its Vertex 660W+ solar power modules have received IEC 61215 and IEC 61730 certification for their performance and safety from TÜV Rheinland. This series generates power of 675W with a conversion efficiency of 21.7%. It is the world's first IEC certification for 660W+ modules issued by a highly ......read more

Hitachi ABB Power Grids to Provide Energy Storage Solution for Singapore's First Virtual Power Plant…

Exemplary stakeholder collaboration and advanced energy storage system to enable integration and optimization of distributed energy resources Dubai, 14 February, 2021:  Hitachi ABB Power Grids has been selected to deploy its innovative energy storage solution to support the development of Singapore’s first Virtual Power Plant (VPP) project. The project, launched in 2019, is ......read more

DNV GL's Technical Report: Reducing LCOE by 3.72%, Trina Solar Pioneers in Better System Value by ...…

The Way to Best LCOE (II) DNV GL’s Technical Report: Reducing LCOE by 3.72%, Trina Solar Pioneers in Better System Value by 210 Vertex Modules Conjoining Single-Axis 2 portrait installation (2P) Tracker Dubai, United Arab Emirates – 09 February 2021:  DNV GL, the international leading design institutes and the well-known third-party organization, just reported the value of ......read more

Trinatracker Vanguard Series Receive IEC Certification…

Dubai, United Arab Emirates – 03 February 2021:  Trina Solar Co., Ltd. ("Trina Solar") received IEC62817 Certification for its TrinaTracker Vanguard Series verified by the Certification Entity for Renewable Energies ("CERE"), a Europe-leading independent testing, simulation, certification and inspection body. TrinaTracker has a worldwide reputation of delivering ......read more

Hitachi ABB Power Grids Wins Major Order to Support the Integration of Renewable Generation From ...…

Utility-scale solar power plant is central to Qatar’s carbon-neutral power system  February 02, 2021:   Hitachi ABB Power Grids announced today it has been awarded a major order that will help Qatar’s national grid increase the integration of renewable energy from the country’s first large-scale solar power generation project – the 800MW Al Kharsaah ......read more

Oil Prices Recapture $50, as Coronavirus Vaccine is Rolled Out…

In mid-January, in the Trump administration's final days, the Center for Disease Control (CDC) announced that the vaccine could not be given to those 65 and older, down from 75 and older. The first phase of the vaccine rollout was to front line workers, including Drs and nurses. The next step was other healthcare workers and those above 75. President-elect Biden wants a faster rollout. ......read more

Schneider Electric to adapt Flexible Hybrid Model Across the Middle East and Africa…

Dubai, UAE, 30 January 2021:  Schneider Electric has rolled out plans to offer a majority of its employees flexible working hours and a choice to work remotely from home for two days each week. The company has adopted a series of changes, including a hybrid working model, following employee feedback in the company’s global employee survey which highlighted the benefits of the model ......read more

Trina Solar Releases TrinaTracker Intelligent Algorithm White Paper: Boosting Energy Gain by 3-8%…

Dubai, United Arab Emirates – 26 January 2021:  Trina Solar Co., Ltd. ("Trina Solar" or the "Company"), a leading global PV and smart energy total solution provider, has released the TrinaTracker Intelligent Tracking Technology White Paper on SuperTrack. According to the white paper, the SuperTrack algorithm has three distinctive technical features - including both ......read more

EWEC and Tadweer Announce Commencement of Competitive Tender Process to Develop one of the Largest ...…

Developers invited to submit Expression of Interest  Project supports UAE Vision 2021 to divert 75 percent of waste away from landfills   Abu Dhabi, UAE – 24 January 2021:  The Emirates Water and Electricity Company (EWEC), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, and Abu Dhabi Waste ......read more

IRENA's World Energy Transition Day Kick-Starts Crucial Assembly Meeting…

Agency’s 11th Assembly brings almost 2000 participants including 70 Ministers together virtually to set the course for a year of critical energy discussions 19 January 2021 – The International Renewable Energy Agency’s (IRENA) Eleventh Assembly started today (Monday) and takes place virtually setting the course for a critical year of global commitments to low-carbon ......read more

Trina Solar First PV Manufacturer to Obtain a Dual Environmental Protection Certification…

Dubai, United Arab Emirates – 19th January 2021:  Trina Solar Co., Ltd. ("Trina Solar" or the "Company"), a leading global PV and smart energy total solution provider, has recently obtained dual “Environmental Product Declaration” (EPD) certifications from UL, the global independent safety science certification institute, and EPDItaly, which is the first ......read more

Schneider Electric Unveils New Sustainable Energy Products at CES 2021…

• Schneider Electric unveils new sustainable energy products at CES 2021, focuses beyond smart to resilient and sustainable Homes • The leader in digital transformation of energy management evolves smart home technology to focus on efficiency, resilience and sustainability • New solutions bring enhanced safety and control while delivering sustainable energy management choices ......read more

Daikin receives 2020 Superbrands distinction…

Award recognizes company's key contributions towards energy efficiency & sustainable solutions 05 January 2021-- Daikin Middle East and Africa (Daikin MEA) has been awarded with the 2020 Superbrands UAE Choice Award, reinforcing its position as one of the leading innovative brands in the field of heating, ventilation, air conditioning, and refrigeration (HVAC-R). Superbrands, the ......read more

The Power Inside Trina Solar Vertex Super Factory…

Dubai, United Arab Emirates – 04th January, 2021 - Trina Solar has recently built three Vertex Super Factories in Yiwu, Zhejiang, as well as Suqian and Yancheng in Jiangsu, China. By the end of 2020, Trina Solar witnessed its 210mm-module production capacity exceeding 22GW, and will further shoot over 50GW in 2021 across the globe.   The development of the 210mm industry chain ......read more

Trina Solar Proposes Joint Initiative to Promote the Standardization of 210mm-Size Silicon Wafer, ...…

Dubai, United Arab Emirates – Dec 27, 2020:  Trina Solar Co., Ltd. (“Trina Solar” or the “Company”), a leading global PV and smart energy total solution provider, is announcing that it is leading a joint initiative to promote the standardization of 210mm size silicon wafer, modules in the photovoltaic industry. Trina Solar is hopeful that this technical standard ......read more

Oil, Electric Vehicles and the Environment: Driving Climate Change Plans…

By Robert Minter, Investment Strategist, Aberdeen Standard Investments   United Arab Emirates -  December 23, 2020:  Countries around the world are rightly racing to announce aggressive climate change plans.  The energy transition resulting from these plans has driven excitement about, and significant investment in, electric vehicles (EVs). These are seen as having a ......read more

Empower Reduces 48 Million Dirhams in District Cooling Consumption Bills…

Ahmad bin Shafar: The leadership's great decision yielded human, social and economic gains Dubai, UAE, December 13, 2020: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced its readiness for the immediate interaction to implement the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ......read more

UAE achieves 1400MW of Clean Electricity as Barakah Unit 1 reaches 100% Power…

- Testing of Barakah Unit 1 safely delivers 100% power to the UAE Grid, a new milestone in safe, clean and abundant clean energy to power the growth of the Nation - Unit 1 now single largest power generator in the UAE as it steps closer to commercial operations, due to begin early 2021.   Abu Dhabi, UAE – 08 December 2020: The Emirates Nuclear Energy Corporation (ENEC) ......read more

OPEC Deal Lifts Oil; Metals of all Colours in Demand…

United Arab Emirates -  December 06, 2020:  The post-November 9 surge in risk appetite on vaccine optimism extended into December with stock markets, led by Asia, continuing higher while the Bloomberg Dollar Index, which tracks the performance of ten leading global currencies versus the U.S. dollar, slumped to a 32-month low. These developments combined with additional stimulus ......read more

Siemens Energy and Porsche, With Partners, Advance Climate-neutral E-fuel Development…

• World’s first integrated commercial plant for producing climate-neutral fuel being built in Chile • Innovations from Germany to industrialize synthetic fuels and decarbonize the mobility sector  • German Economy Ministry supports beacon project as part of national hydrogen strategy • Porsche is planning to use e-fuels – initially on race courses and ......read more

Daikin announces appointment of new Chairman & President for Middle East & Africa…

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

ENEC Recognizes Stakeholder Commitment During Virtual Forum…

- Attendees updated on the ongoing progress at Barakah Nuclear Energy Plant  - Case studies demonstrated strong collaboration between entities to ensure highest international safety and quality are met amidst COVID-19 challenges.   Abu Dhabi, UAE – 25 November 2020: The Emirates Nuclear Energy Corporation (ENEC) hosted a virtual Stakeholder Forum, bringing together ......read more

Empower attends UN Meetings on Energy and Environment…

Dubai, UAE, 23 November 2020:  Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, participates in a series of sessions on the sidelines of the twelfth Conference of the Parties (COP 12) to the Vienna Convention for the Protection of the Ozone Layer and the 32nd Meeting of the Parties (MOP 32) to the Montreal Protocol on ......read more

Trina Solar Renews the Global Brand for Its Tracker Business…

United Arab Emirates -  November 23, 2020:  Trina Solar Co., Ltd. (“Trina Solar” or the “Company”), a leading global PV and smart energy total solution provider, today announced the renewal of its global brand for tracker business, as well as integrate and upgrade its business system and channels, so as to make full use of and strengthen Trina Solar's ......read more

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

- Power Ascension Testing (PAT) conducted under the oversight of the UAE’s independent nuclear regulator, the Federal Authority for Nuclear Regulation (FANR)   18 November 2020 – Abu Dhabi, UAE:  Nawah Energy Company (Nawah), the Joint Venture nuclear operations and maintenance subsidiary and Korea Electric Power Corporation (KEPCO), announced today that the reactor of ......read more

  • Page 5 of 6   300
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
Search PR 
Filter PR by


RSS DubaiPRNetwork.com onFacebook DubaiPRNetwork.com on Twitter DubaiPRNetwork.com on LinkedDin DubaiPRNetwork.com on Instagram


 
Top Stories
 
Top Sections