Kanoo Energy LLC (Power & Industrial Projects Division) – Arabian Business Directory

Kanoo Energy LLC (Power & Industrial Projects Division)

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Niaz Ahmed

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McDermott, Doosan Enerbility explore power generation partnership

McDermott and Doosan Enerbility have signed a memorandum of understanding (MOU) to explore potential strategic collaboration opportunities in the power generation market. The agreement establishes a framework for the companies to jointly evaluate and pursue projects involving gas turbines generators and related power generation equipment and services. Under the MOU McDermott and Doosan Enerbility will explore opportunities to support growing power demand including through behind-the-meter power generation for data centers while evaluating innovative delivery approaches that enhance competitiveness through greater efficiency faster response times and reduced project risk. This MOU reflects McDermott s commitment to collaborating with industry-leading technology providers to deliver integrated solutions that meet the evolving needs of the global energy market...

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Global renewable power generation surges 9.8pc in 2024: Irena

Global renewable electricity generation rose 9.8 per cent in 2024 far outpacing the 1.4 per cent growth in non-renewable generation according to the International Renewable Energy Agency s (Irena) Renewable Energy Statistics 2026. Renewables generated 9 836 terawatt hours (TWh) during the year accounting for 31.7 per cent of global electricity production. The report highlights the scale of the challenge ahead as countries seek to accelerate the energy transition. Under its Action Agenda for COP31 the incoming Turkish presidency has proposed a global target for electricity to meet 35 per cent of final energy demand by 2035. Based on Irena s analysis achieving that goal would require renewables to supply 78 per cent of global electricity generation by 2035 around 2.5 times their current share. p class= Ms...

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