Siemens Energy cuts sales outlook on heels of Siemens Gamesa

Siemens Energy (ENR1n.DE), which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for 2021 sales, hurt by weaker-than-expected demand, project delays and the ongoing coronavirus crisis. Revenues are now expected to grow 3-8% in the year to September, compared with a previous range of 2-12%. According to Refinitiv […]

New technology helping rebuild Nepal’s quake-hit schools better, and faster

By Naresh Giri Effective project implementation demands real-time monitoring of construction progress and quality in the field. Thanks to technology, real-time monitoring of development projects is now possible, helping project managers address the multiple challenges of implementing post-disaster emergency projects. A good example is using a web-based project monitoring information system (MIS) to closely follow progress […]