SOLAR-

Turkey-based Limak Renewable Energy has started generating 60 MW worth of electricity from the first two phases of its Erzin-1 solar power plant in Turkey, Balkan Green Energy News reports. The plant will have a peak capacity of 140 MW upon completion next month. The project, part of the Renewable Energy Resources Area (YEKA) subsidy scheme, is set to become Turkey’s second-largest PV facility.

About the project: The Erzin-1 project, financed by Ziraat Bank and Allianz Trade through DZ Bank, is estimated to produce 260 GWh annually, which is enough to power 106k households. Limak Energy collaborated with GE Vernova and İnojen Enerji for the supply, installation, and commissioning of the plant.

BIOFUELS-

QNB + DHL to implement SAF in shipping operations: Qatar National Bank (QNB) signed an agreement with DHL to incorporate sustainable aviation fuel in its shipping operations, according to a statement. QNB has pledged under the GoGreen Plus contract to reduce emissions by 50% for all air express shipments. It will also receive the SGS Certification that entails the use of electric vehicles during service provision and the use of recycled materials for packaging.

SUSTAINABILITY-

UAE’s EDB launches agriculture sustainability program: The Emirates Development Bank has launched a 20-week programme aimed at providing farmers, agribusinesses, and tech companies with financial and agri-tech solutions, according to a statement released earlier this week. Dubbed AgriX Accelerator, the program will see workshops, training sessions, and mentoring opportunities for participants. It comes under the UAE’s National Food Security Strategy 2051.

CONSERVATION-

KSA launches environmental conservation plan for protected areas: Saudi Arabia’s Environment, Water and Agriculture Minister Abdulrahman Al Fadley launched a plan aimed at conserving protected areas across the Kingdom, SPA reports. The plan entails a roadmap to set up a department to manage protected areas to help protect 30% of terrestrial and marine areas by 2030. KSA is home to 36 protected areas amounting to 18.1% of total terrestrial area and 6.49% of total marine area, according to official data.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Emirates NBD ranks first in LEED certifications: Emirates NBD has emerged as the top recipient of the Leadership in Energy and Environmental Design (LEED) Platinum certifications. The bank achieved 35 LEED Platinum and Gold certifications across its branches in the UAE, KSA and India. (Press Release)
  • Emirates NBD Egypt joins climate governance initiative: Emirates NBD Egypt became a member of Chapter Zero Egypt, a sustainability initiative developed under the global Climate Governance Initiative by the World Economic Forum and the European Bank for Reconstruction and Development. As a member, the bank will gain support and knowledge for sustainable efforts within the initiative’s network. (Press Release)
  • National Bank of Bahrain opens new green branch: The National Bank of Bahrain’s newly inaugurated branch in Khalifa City will run fully on renewable energy. The branch is the first building in Bahrain to be awarded the LEED Platinum certification. (Al Ayam)
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