According to a new report from the International Renewable Energy Agency (IRENA), global renewable energy capacity recorded the largest ever annual growth rate in 2015
It has been announced that Siemens will develop a gas-fired power plant in the Northern Emirates to help the area meet its growing power needs.
The Bangladesh Government has signed a $217 million financing agreement with the World Bank’s International Development Association (IDA) to upgrade a unit in the Ghorashal power station, which will more than double the generating capacity of the plant.
Siemens has approached Emerson Electric to explore the acquisition of Emerson’s network power business in a deal said to be worth $4 billion.