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Nuclear power generating firm Ontario Power Generation (OPG) and its peer Westinghouse Electric Co signed a Memorandum of Understanding (MOU) on Thursday, in Paris at the World Nuclear Exhibition. This partnership aims to establish a framework for deployment of nuclear technologies said OPG, also to investigate potential business prospects for Westinghouse’s AP1000, AP300 and eVinci […]
Aviation firm Gulfstream Aerospace Corp said it completed the world’s first ever trans-Atlantic flight using 100% sustainable aviation fuel (SAF) on Monday. The company said this flight was accomplished with the Gulfstream G600 aircraft on November 19. The flight took off from the company’s headquarters in Savannah and landed 6 hours, 56 minutes later at […]
Solar electric power generator TotalEnergies ENEOS signed a deal with Kinpo Group, electronic manufacturing firm on Friday, to provide 11.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system for its facility in Batangas. In this agreement, TotalEnergies ENEOS said it will fully fund, install and operate PV system, while Kinpo Group will pay only for the […]
Offshore wind company RWE signed a memorandum of understanding (MoU) with Hyundai Motor Group’s subsidiary, Hyundai Engineering & Construction (Hyundai E&C) on Wednesday, to cooperate in the field of offshore wind and green hydrogen. The renewable energy firm said it aims to accelerate energy transition in South Korea through promotion of offshore wind along with […]
Energy management firm Schneider Electric said it will acquire EcoAct SAS, sustainability consultancy firm, on Tuesday. The deal completion follows consultation with the relevant employee representatives and approval from the competent regulatory authorities, said Schneider. The firm said final negotiation regarding the deal was completed on July 3, with Atos Group. The deal value, however, […]
Supplier of black carbon Orion S.A. launched its new innovation PRINTEX kappa 10 on Thursday. The company said this high-caliber conductive additive will meet the increasing demand from manufacturers of lithium-ion batteries for electric vehicles, energy storage systems, and consumer applications. The conductive additive is a key auxiliary material for lithium-ion batteries, which plays an […]
Aviation-sustainable fuel provider World Energy and logistics company Dalsey Hillblom Lynn (DHL) signed a partnership agreement of seven years on Thursday, with an aim to accelerate decarbonization of aviation logistics by purchasing about 668 million liters of sustainable aviation fuel through sustainable aviation fuel certificates (SAFc). SAF is a kind of biofuel made of plant, […]
The MENA EV Show 2023 successfully completed two days of discussions, innovations, and networking scheduled late September, at Dubai Silicon Oasis. The event was organized by INOEX Global and co-hosted by Dubai Silicon Oasis. The event brought in brands across the globe which gave participants an opportunity to delve into cutting-edge exhibits, featuring latest EV […]
Renewable energy firm Masdar joined hands with Malaysian Investment Development Authority (MIDA), on Monday, which aims to transform Malaysia’s sustainable energy sector by investing $8 billion for up to 10 gigawatts (GW) of renewable sustainable projects. The UAE-based company said to facilitate Masdar in undertaking the development of 10GW renewable projects by 2035, including ground […]
Mobility retailer Abu Dhabi National Oil Co (ADNOC) said the company is shifting its heavy vehicle fleet to B20 biofuel aiming for 15% reduction in CO2 emissions from the fleet and reducing carbon footprints. Earlier this year, ADNOC Distribution said it converted a $1.5 billion term loan linked to sustainability. This service is a penalty […]
Arab energy producer Sharjah National Oil Corp (SNOC), during ADIPEC’s energy conference has signed an agreement with natural gas manufacturer RAKGAS to provide gas storage services, on Tuesday. SNOC said the joint venture will allow RAKGAS to utilise SNOC’s gas storage facility to balance gas supply and demand by managing the fluctuation between high and […]
First Abu Dhabi Bank (FAB) partnered with environmental asset developer Blue Carbon and with green energy firm Masdar to develop and to venture in carbon trading market of Middle East and North Africa (MENA) region on Monday. The bank signed a memorandum of understanding (MoU) with Blue Carbon and Masdar for supply of high-quality carbon […]
