News & Press Releases

Power transmission specialist presents braking systems for high braking torques and large-scale applications in harsh environments Applications involving extreme torques call for reliable and high-performance safety brakes. This is especially true when the environment presents additional challenges, such as in...

The structural transformation of the European energy landscape is increasingly predicated on the development of large-scale, flexible storage solutions that can mitigate the volatility of renewable generation. In a decisive move to strengthen national energy security, Poland’s Ministry of...

Airtel Madagascar has become the first mobile network operator in Madagascar to test SpaceX Direct-to-Cell technology, a development aimed at extending connectivity to underserved and remote areas. During the successful trial on July 11, a standard 4G smartphone connected...

Masdar has successfully achieved the financial close for its landmark USD 6.1 billion solar and battery storage venture located in Abu Dhabi. This significant milestone was reached after securing a USD 5.1 billion financing package from a diverse consortium...

The financial advisory firm Lazard released an annual report on Monday indicating that the expense associated with constructing solar power projects in the United States has surged by 18% over the past year. This increase is attributed to a...

Türkiye’s Minister for Energy and Natural Resources, Alparslan Bayraktar, has officially declared a new series of renewable energy auctions under the Renewable Energy Resource Area (YEKA) program. This upcoming auction mechanism is set to facilitate 2.4 GW of fresh...

Oman is preparing to launch a comprehensive infrastructure platform in the coastal city of Sohar, designed to unify renewable power, water desalination, and green hydrogen production. This Sohar Integrated Energy initiative aims to bolster water security while providing a...