Energy & Power

Power sector spending to decrease by 10 per cent in 2020, says IEA

IEA electricity atr trmeThe COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency, according to the International Energy Agency (IEA)

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‘COVID-19 crisis is hurting but not halting global renewable energy growth’

IEA trme and atr 22 mayIn 2020, the world is set to add 167GW of renewable power capacity this year, 13 per cent less than in 2019, according to the IEA’s Renewable Market Update report

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Nigeria approves US$120mn to complete a dam

Nigeria dam 15 MayThe Nigerian government has approved a loan of US$120mn to complete Kashimbila dam to boost power supply in the country and contribute additional 40MW to the national grid

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HUBER+SUHNER launches RADOX HPC500

HSI 9901485 14 MayHUBER+SUHNER, one of the leading global suppliers of electrical and optical connectivity solutions, has launched the RADOX HPC500, a new addition to the RADOX high power charging portfolio

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Elsewedy Electric for Trading and Distribution signs US$13.27mn deal

elsewedy 12 mayElsewedy Electric for Trading and Distribution has signed a contract to build Al Lahoon substation with a value of US$13.27mn in Faiyum governorate on turnkey basis

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