Climate (MENA) 
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Posted inUncategorized
Author Archives: enterpriseam admin
Posted inMINERALS
KSA signs spate of mining agreements worth USD 20 bn + launches USD 182 mn mineral exploration incentive program
KSA raked in USD 20 bn in mining-focused agreements during the summit as part of a push to shore up minerals critical to the energy transition
Posted inINVESTMENT WATCH
UAE’s Tabreed terminates its EGP 1.6 bn district cooling contract with Egypt’s CapitalMed
The district cooling company says it pulled out of the transaction over FX concerns
Posted inWIND
Project update: Acwa Power + Hassan Allam secure land for 1.1 GW wind farm in Gulf of Suez
The project has an investment value of USD 1.5 bn.
Posted inRENEWABLES
A new data center powered by 200 MW of renewable energy in Egypt
The project will comprise a solar and wind project with a 200 MW combined capacity
Posted inM&A WATCH
Algeria’s Sonelgaz Renewables merges with renewables company Shaems
Prior to the merger, Shaems was 50% owned by Sonatrach and 50% by Sonelgaz
Posted inCLIMATE DIPLOMACY
UAE partners with India on renewables + Jordan on EVs
The kingdom’s EV factory will cost USD 80 mn. UAE + India will develop 60 GW of renewable energy
Posted inALSO ON OUR RADAR
KSA plans to recycle up to 95% of its waste as it cracks down on its global rankings
Saudi Arabia currently has one of the lowest rates of waste recycling in the world at 3-4%
Posted inAROUND THE WORLD
US sets methane emission fines
The fee will start at USD 900 per metric ton this year and increase to USD 1.5k by 2026