Energy

Production capacity at the switchgear plant of Voltamp Energy has been significantly enhanced with the addition of a new manufacturing bay and offices adjacent to its already existing building at Rusayl at a cost of US$1.2mn

Kuwait, one of the Middle East?s main oil producers which is facing internal electricity demand growing by about 8 per cent? a year ? much of it caused by heavy use of air conditioning systems ? has outlined the most ambitious target for using renewable energy seen in the Gulf region.

Saudi Electricity Co (SEC) reported a 6 per cent decline in its net profit in the third quarter due to higher costs of purchased energy and increased depreciation expenses.

Dubai?s Supreme Council of Energy (SCE)?will hold meetings with the UK Ministry of Energy to discuss partnerships between both countries in the energy field.