ABU DHABI / WAM First Abu Dhabi Bank (FAB) has been named the ‘Middle East’s Best Bank for Financing’, ‘Best Investment Bank in the UAE’ and the ‘Middle East’s Best Bank for Corporate Responsibility’ in Euromoney’s Awards for Excellence 2020. The ‘Middle East’s Best Bank for Financing’ honour marks the second consecutive year, and the third time in four years, ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has successfully completed the construction of Unit 2 of the Barakah Nuclear Energy Plant, the Arab World’s first nuclear energy plant located in the Al Dhafra region of Abu Dhabi. The unit has now been officially handed to Nawah Energy Company (Nawah), ENEC’s operating and maintenance subsidiary, for operational readiness ...

Bloomberg The biggest battery storage system in the US connected to California’s electricity grid, giving the state more flexibility to bank excess solar power generated during the hottest parts of the day and deploy it later. The California Independent System Operator, which manages a grid that powers powers 80% of California and a small portion of Nevada, added 62.5 megawatts ...