ELECTRIC VEHICLES-

Forseven to manufacture Nio EVs in UAE: Abu Dhabi-backed CYVN Holdings ’ EV subsidiary Forseven signed a technology licensing agreement with Chinese EV manufacturer Nio for the rights to use Nio software and tech, according to a press release. Forseven will use the tech to manufacture and develop Nio-branded EVs and Nio will receive a fixed upfront amount and royalties based on future sales as part of the agreement.

IN OTHER EV NEWS- China's EV maker Xpeng formed a strategic partnership with UAE-based Ali & Sons, Reuters reports. The company said it will sell multiple Xpeng models in five Middle East and North African countries starting from 2Q this year. Xpeng also said it will launch its G6 and G9 SUV models in the UAE starting 3Q, and its P7 sedan and G9 SUV in Jordan and Lebanon in 2Q and in Egypt from 3Q.

SOLAR-

Egypt’s Solariz expands El Gouna’s solar power: El Gouna City’s developer OrascomDevelopment Holding (ODH) has extended its partnership agreement with SolarizEgypt to double the capacity of its existing solar power plant from 7.2 MW to 14 MW, Zawya reports, citing an ODH statement. The second phase of the project, which will cost EGP 200 mn (USD 6.5 mn), is expected to start operations by 4Q 2024. The company broke ground on the EGP 97 mn first phase of the project in 2022, which supplies 16% of the city's electricity demand.

WASTE-TO-ENERGY-

Iraq extends deadline to submit bid for its first WtE plant: The Baghdad Municipality has extended the bid submission deadline for its planned 80-90 MW waste-to-energy (WtE) project to 31 March, Zawya reported citing a statement by the National Investment Commission (NIC). The project is being procured on a design, build, own, and operate model

What we know: The facility — located in the Nahrawan area in Iraq’s Diyala Governorate — will have the capacity to process 3k tons of waste daily, and is expected to be completed within 24 months under a public-private partnership, Zawya writes. The plant is also expected to have a generation efficiency higher than 30% and a landfill rate less than 5%. Iraq is also planning a similar project which will be announced once the land for it is secured, the authority noted earlier this month.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Egypt’s green hydrogen strategy receives approval: Egypt’s Supreme Council of Energy has approved the national strategy for green hydrogen in the works since 2021. (Statement)
  • Bahrain receives 5 bids for 2.5 MW solar + EV charging project:Bahrain’s tender for Request for Proposal to Build, Own, Operate, and Maintain (BOOM) a 2.5 MW rooftop solar power plant project and EV charging stations on the Ministry of Information’s premises has received 5 bids. Yusuf Bin Ahmed Kanoo, Alpha Energy Generations, Micro Centre, Yellow Door Energy Projects, and Siraj Power Contracting have placed bids for the 20-year contract. (Statement)
  • Jordan issues solar project tender: Jordan's Ministry of Energy and Mineral Resources issued a tender for the Al-Azraq 2 solar power project, which will be implemented through a debt swap agreement with the Spanish government. The project will be owned by the government and developed by a contractor on a turnkey basis, with the deadline for submitions set for March 27. (AlMamlakah)
  • Adnoc Distribution sets new targets: Abu Dhabi National Oil Company (Adnoc) subsidiary Adnoc Distribution is aiming to establish 500 EV fast and superfast charging stations — more than 10x the amount in 2023 — as part of its 5-year growth plan. The company also plans to establish a national network of charging stations in the same period. (Statement)
  • Turkey’s Sarten Ambalaj to install solar PV tech in 5 locations: Turkish packaging manufacturer Sarten Ambalaj and Enova — a JV between Majid Al Futtaim and Veolia — have partnered to install turn-key solar PV products on five of Sarten’s facilities in Turkey. The project aims to reduce carbon emissions by installing a total of 9.26 MWp of renewables to generate 13 GWh of green energy annually. (Statement)
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