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$60bn worth of nuclear energy deals signed between Egypt and Russia
Egypt has signed nuclear energy deals worth tens of billions of dollars with Russia’s State Atomic Energy Corporation (Rosatom),
Saudi Electricity, GE in partnership to boost digitalisation
As per the memorandum of understanding, SEC and GE intend to continue to work together towards accelerating the digital transformation of the Kingdom’s power sector
Kuwait targets 15% renewable energy-sourced power by 2030
The Public Authority for Housing in Kuwait is working to ensure that 15% of Kuwait's local power demand is met through renewable energy sources by 2030
Saudi Arabia receives four bids for 400GW wind power project
The bidders include ACWA Power, the renewable energy units of European utilities Electricite de France and Enel SpA, and Engie SA’s International Power.
ABB Q1 profits exceed forecasts
A surge in profits could be an indication that ABB's turnaround plan had started to gain traction.
Phoenix Contact: Threefold Growth in Turnover and Personnel over 15 years
With double-digit sales growth in 2017, Phoenix Contact has exceeded the two billion euro mark, achieving a turnover of 2.205 billion euro.