GE Vernova reported strong second-quarter 2026 results, with orders rising 88 per cent to $24.2 billion and revenue up 22 per cent to $11.1 billion, driven by robust power and electrification demand, prompting the company to raise its full-year guidance.
TotalEnergies has completed its acquisition of 50 per cent of EPH’s Western European flexible power assets, forming TTEP, Europe’s second-largest flexgen player with 14 GW capacity across five countries and 30 TWh output in 2025.
China’s installed power capacity reached 3.96 billion kW by March 2026, up 15.5 per cent year on year, driven by rapid renewable growth, with solar capacity jumping 31.3 per cent and wind rising 22.4 per cent.
Dubai Electricity and Water Authority (Dewa) has announced that it has delivered the strongest financial and operational performance in its history for the full year 2025, recording a net profit after tax of AED9.1 billion ($2.5 billion) and a consolidated revenue of AED32.84 billion ($8.9 billion).
