How will the EU solve its recurring energy crisis? For the past decade, this has been an ongoing worry and a direct threat to the bloc, yet no concrete action has been taken to solve it. There is an inability to exit this vicious circle, which pops up every winter and whenever the political crisis to the east flares up. It is unbelievable that millions of European households
Engie hands over second energy efficiency project to Tarshid
RIYADH, 2 hours, 35 minutes ago Engie, a French multinational utility company, has handed over its second energy efficiency project - Medical City of King Saud University - to Saudi national energy services company (Tarshid). The MCKSU Project was awarded by Tarshid to Engie in December 2019 and was officially handed over in December last year. After concluding a detailed audit of the facilities, Engie has successfully completed the implementation of 11 energy savings measures to reduce energy usage and guarantee energy efficiency for the Medical City of King Saud University (MCKSU) in Riyadh by over 31%, equivalent to 43 GWh per year, for 10 years.
GPSC posts 85% profit uptick last year
published : 13 Feb 2021 at 04:00 GPSC s co-generation power plant in Rayong province. (Photo: Global Power Synergy Plc)
Global Power Synergy Plc (GPSC), the power generation arm of PTT Group, recorded an 85% increase in profit last year thanks to cost savings and full-year operation of a new asset acquired from France-based Engie Group.
Turnover last year rose to 7.51 billion baht from 3.45 billion in 2019 despite the pandemic hammering the Thai economy.
President and chief executive Worawat Pitayasiri said GPSC acquired SET-listed Glow Energy Plc, a business unit of Engie Global Development B.V. (Engie), in mid-2018, but it had to spend almost a year completing the transaction and receiving approval from the Energy Regulatory Commission.
TechnipFMC s CFO to leave for Marathon Petroleum role - Houston Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.