Tag: electricity

Energy, Oil & Gas

Dubai sets new record with lowest electricity customer minutes lost

Dubai Electricity and Water Authority (Dewa) has announced that it has set a new world record for the lowest electricity customer minutes lost (CML), at just 0.82 minutes (about 49 seconds) per year. With this, the Dubai utility has surpassed its own previous world record of 0.94 minutes in 2024. ...

Energy, Oil & Gas

TotalEnergies, AllianzG team up for 800 MW German battery storage

As part of its growth in electricity in Germany, TotalEnergies has signed an agreement with Allianz Global Investors (AllianzGI) for the sale of a 50 per cent stake in a portfolio of 11 battery storage projects with a total capacity of 789 MW – 1628 MWh....

Energy, Oil & Gas

PureHealth seals master lease agreement with Yellow Door Energy

PureHealth, the largest healthcare group in the Middle East, and Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and South Africa, have signed a master lease agreement to bring clean electricity to its network of hospitals and clinics in the UAE. ...

Energy, Oil & Gas

IEA calls for urgent grid expansion to meet surging electricity demand

Global power demand is set to grow by more than 3.5% per year on average over the rest of this decade, with electricity generation from renewables, natural gas and nuclear all expanding to keep pace, according to a new International Energy Agency (IEA) report. ...

Energy, Oil & Gas

Solar power covers 18pc of Germany's electricity consumption

Solar power in Germany generated significantly more electricity in 2025, with its share of domestic power production rising to around 18 per cent, up from 14 per cent in 2024, the German Solar Industry Association (BSW) said....

Energy, Oil & Gas

Oman Electricity Transmission achieves $750m 5-year green sukuk issuance

Oman Electricity Transmission Company (OETC), the sole owner and operator of Oman's electricity transmission network and a key subsidiary of Nama Group, has announced the pricing and issuance of its inaugural RO 288.5 million ($750 million) 5-year Green Sukuk under its Green Financing Framework....

Energy, Oil & Gas

Lack of capital limits electricity access for 600m Africans

Insufficient capital is a key obstacle to expanding electricity access for the roughly 600 million people in Africa who currently live without it, according to a new International Energy Agency (IEA) report that outlines essential tools to unlock greater investment and eliminate the access gap....