April
Siemens Energy Sees Profit Boost From Rising Grid, Turbine Sales
Siemens Energy AG shares jumped the most in five months after the company substantially raised its sales and profit outlook for the year on growing demand for gas turbines and grid technologies.
TAQA expands global presence with acquisition of leading UK transmission company
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, announced on Thursday it has fully acquired Transmission Investment (TI), a leading UK-based energy and utility investment platform. TI is one of the largest players operating offshore transmission (OFTO) assets connecting offshore wind farms to the UK grid.
Europe’s Nuclear Plants Are Being Sidelined by Green Power Surge
The days have only just started to get longer, but renewables output is already so strong that it’s forcing Europe’s nuclear reactors to make costly adjustments.
