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Keywords: Electricity
Swiss engineering group ABB Ltd has announced a major investment of around $200 million to expand its production capacity for medium-voltage electrical equipment in Europe. The move aims to respond to rapidly increasing demand for electricity infrastructure driven by data centers, electric mobility,......
French energy company Engie has confirmed that it will continue pursuing its development strategy in the Middle East despite ongoing regional instability linked to geopolitical tensions and disruptions caused by the conflict involving Iran. Company executives stated that the region remains part of Engie’s......
South African electricity utility Eskom and mining and metals group South32 have announced a joint initiative to develop a renewable energy strategy for the Hillside aluminium smelter, with implementation expected from 2031. The Hillside plant, located on South Africa’s east coast, is one of the......
More than 459 million dirhams have been allocated to modernize and expand essential public services in the province of Taounate, as part of a broader effort to improve infrastructure and reduce regional disparities in Morocco. The investment program, led by the Regional Multiservices Company of Fès-Meknès,......
Industrial prices in Spain have recorded their fastest annual increase in a year, driven largely by a sharp rise in energy costs, according to recent data from the National Statistics Institute. After several months of decline, producer prices rebounded strongly in March, reflecting a shift in market......
The SRM Casablanca-Settat has announced a series of new measures aimed at improving customer experience and strengthening its presence across the region. The initiative reflects a broader effort to modernize public utility services and make them more accessible to residents. One of the key changes allows......
European electricity prices have fallen below levels seen before the Middle East conflict, driven by a combination of expanding renewable energy output and a sharp decline in natural gas prices. The drop accelerated after Iran announced the reopening of the Strait of Hormuz, easing concerns over energy......
Italy should reconsider its long-standing opposition to nuclear energy in order to strengthen its energy security and improve economic stability, according to the head of the International Energy Agency (IEA). Italy currently has no active nuclear power plants and depends heavily on energy imports,......
European utility company Premier Energy has announced an agreement to acquire a major electricity distribution network in Romania from Macquarie Group in a deal valued at approximately $824 million. The transaction involves the purchase of assets linked to Evryo Group, including control over a key regional......