Browsing: Energy

GEMS Education and Positive Zero have signed the UAE’s largest renewable energy deal in the education sector, covering the design, engineering, installation, and maintenance of solar panels on rooftops, carports, and bus parking at 23 GEMS schools in Dubai. The newly installed solar systems will have a combined capacity of nearly 12.7 MWp, generating 21.25 GWh of electricity annually—enough to power 2,000 homes for a year.

NMDC Energy has announced robust financial results in its first full-year earnings since going public in September 2024. The company’s net profit surged 80 per cent year-on-year to AED 1.41B (USD 380M), up from AED 780M (USD 212.4M), driven by strong operations and strategic expansions.