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ERC sends emergency aid to flood-hit Iran

Abu Dhabi / WAM The Emirates Red Crescent (ERC), has sent a relief plane to Tehran carrying 95 tonnes of humanitarian aid to support those affected by the floods in Iran. The aid was delivered following the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, with the support of the Vice President, Prime Minister of the UAE and ...

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Region’s first battery solar system opens in Al Dhafra

Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer), on Wednesday opened the first battery solar system in the region at its Al Dhafra Landfill. A solar-plus-storage plant is an energy storage system charged by a connected solar power plant. The facility at Al Dhafra Landfill has minimal operation and maintenance costs compared to conventional plants, and utilises the ...

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‘Days of surprises’ are over as problems exposed: Eskom CEO

Bloomberg Almost 15 months into the job, and the boss of South Africa’s state-owned electricity company is getting to grips with issues spanning corruption to defective power plants that threatened to collapse the grid. “The days of surprises are over,” Eskom Holdings SOC Ltd. CEO Phakamani Hadebe said in an interview. “We just have to speed up the process of ...

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Merkel opens Baltic’s biggest wind park

Bloomberg Angela Merkel will leave Brexit worries by the shoreline as she cuts the opening ribbon on a giant wind farm out in the Baltic Sea, a move that will do little to gloss over her tarnished reputation as Germany’s climate chancellor. The Arkona wind park, a joint venture of utility EON SE and Norway’s oil and gas giant Equinor ...

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Sunlight, mirrors still seen in Aussie future power mix

Bloomberg An Australian energy startup says it has found a solution to the problem that has dogged some thermal solar technology projects, removing instability in the process of storing the generated electricity. Vast Solar’s technology differs from rivals because it uses liquid sodium as a heat transfer agent, improving control of the sunlight bouncing off specialised mirrors, according to Chief ...

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China considers stimulus to bolster consumption

Bloomberg China is drafting a series of stimulus measures to bolster sales of cars and electronics, according to people familiar with the matter. The draft includes subsidies for new-energy vehicles, smartphones and home appliances, said the people, who asked not to be named because they aren’t authorised to discuss the plan. The proposals are at a consultation stage with other ...

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Singapore exports slump on worst electronics drop

Bloomberg Singapore’s electronics exports slumped in March by the most since 2013, an ominous sign that it will take longer for the city state to shake off a regional demand slowdown from earlier this year. Electronics shipments in the city-state dropped 26.7 percent from a year ago, weighing down overall non-oil domestic exports, which fell 11.7 percent. That was far ...

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Japan, US to accelerate ‘trade’ talks

Bloomberg After a long wait for the first round of trade talks between the US and Japan, discussions will now take place at an accelerated pace to reach a deal quickly, according to Japan’s chief negotiator. The first talks focussed on agriculture and cars, with digital trade set to be discussed at a later date, Japan’s economy minister Toshimitsu Motegi ...

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China builders eyeing smaller cities win race

Bloomberg Property developers that focus on smaller cities in China are set to be the beneficiaries of a reform that could encourage 100 million rural citizens to move to urban areas. Policy makers said cities with an urban population of 1 million to 3 million should scrap the residency registration system this year, a move that is seen boosting housing ...

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