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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

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Total income rises by 12 percent, operating profit up 13%.

UAE energy ministry awards DEWA for research, innovation

  • DEWA was honored for its innovative grid-integrated system which regulates photovoltaic inverters for autonomous voltage.
  • The approach to innovation, research and development in renewable and clean energy is in line with government strategies, DEWA CEO said.

DUBAI, UAE – Dubai Electricity and Water Authority (DEWA) has been awarded first place in UAE Ministry of Energy and Infrastructure’s ‘Research and Innovation Award’ in the government sector category for its contributions in the field of balanced national energy.

The award recognizes DEWA’s consistent efforts in research, development and innovation.

The award was presented to a team from DEWA by Suhail Al Mazrouei, Minister of Energy and Infrastructure.

DEWA was honored for its innovative grid-integrated system which regulates photovoltaic inverters for autonomous voltage and enhances the performance of the grid with Distributed Renewable Energy Resources and ancillary services.

Saeed Mohammed Al Tayer, MD and CEO of DEWA, praised the Ministry of Energy and Infrastructure for launching the award, which promotes a culture of creativity and innovation in developing pioneering solutions to challenges in the energy, water, and infrastructure sectors.

Al Tayer said that DEWA’s approach to innovation, research and development in renewable and clean energy is in line with the government plans and strategies that prioritize the renewable and clean energy sector as a key pillar in achieving Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050.

Rashid Bin Humaidan, Executive Vice President of Distribution Power at DEWA, stated that the system developed by DEWA helps in integrating solar photovoltaic systems with the smart grid, improving network performance, increasing efficiency, and reducing network losses.

DEWA’s innovative projects in clean and renewable energy include energy storage, smart grids, integration of solar energy resources with distribution networks, and various sustainability-enhancing projects that contribute to the efficiency of clean energy resources.