INSEAD Day 4 - 728x90

electricity

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings
  • Powering Iraqi homes one switch at a time

    Iran decided last month to cut power supplies to Iraq, saying the it owes it more than $6 billion in arrears. That has left Wataniya unable to keep up with soaring demand in the country.
  • Sharjah varsity-led study points to cheaper, sturdier fuel cells for cars

    A study led by the American University of Sharjah has claimed to have improved fuel cells for hydrogen-run cars that increases their efficiency and life manifold Current polymer-electrolyte fuel cells function at 800C,which leads to liquid build-up inside them A study led by the American University of Sharjah has claimed...
  • Iraq hopes to build 8 nuclear power reactors by 2030

        The decision to go nuclear is geared to reduce the country’s external energy dependence Iraq currently uses electricity, gas imports from neighboring Iran to generate around a third of its electricity Iraq, which suffers chronic electricity shortages, wants to construct eight nuclear power reactors by 2030 in order...
  • AFD approves €83M loan to Egypt for electricity sector

    Loan meant to fund Egypt's second phase of Electricity and Green Growth Support Program The program will advance the provision of clean, reliable energy to drive green growth CAIRO: African Development Bank approves loan of €83 million for Egypt's electricity sector to spur economic recovery from Covid-19 The African Development...
  • Egypt to soon start work on Saudi power link project

    Egypt and Saudi Arabia will soon launch the African country’s electrical interconnection project This will increase grid capacity to 2,000 megawatts   Egypt and Saudi Arabia will soon launch the African country’s electrical interconnection project, said local reports on Tuesday, June 15. This “major scheme” will increase grid capacity to...
  • UAE: Empower saves electricity worth $930 million in 2020

    Empower is one of the key partners for UN Environment’s District Energy in Cities initiative and an active member of the UN lead Cool Coalition initiative
  • Dubai records 10% energy demand growth, 10% peak load increase

      Demand for energy increased in the first five months of 2021 to 16,467 gigawatt hours, compared to 14,988 GWh in the same period of 2020 Peak load also increased to 7,966 MW, compared to 7,248 MW in the same period   Dubai has recorded a year-on-year increase of around...