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Good morning, friends. We’re a mere 48 hours away from COP28 kicking off in Dubai and it’s another busy morning in the regional climate industry neighborhood. We have a compact issue full of updates across the sector, and news about one big no-show at the summit. THE BIG CLIMATE STORIES- KSA renewables giant Acwa Power […]
Author Archives: enterpriseam admin
Posted inUncategorized
Posted inGREEN HYDROGEN
Acwa Power breaks ground on its Uzbekistani green hydrogen plant + KSA pours USD bns into the country’s development
The project will initially generate 3k tons of green hydrogen annually
Posted inGREEN FINANCE
UAE’s EDB will extend USD 350 mn to Irena’s Energy Transition Accelerator Financing platform
The funding will support Irena’s energy transition platform to finance climate-friendly projects
Posted inGREEN MOBILITY
Cairo Light Rail Transit project secures a USD 250 mn soft loan from Chinese companies
The funds will be used to put in place electrical and mechanical systems
Posted inINVESTMENT WATCH
ZeroAvia secures USD 116 mn in a Series C funding round with help from the Neom Investment Fund
The UK Infrastructure Bank joined as a cornerstone-level investor, contributing USD 40 mn in funding
Posted inDECARBONIZATION
The Emirates Water and Electricity Company kicks off registration for 4Q CEC auction
The company sold over 16k GWh of clean energy credits in 2023 alone
Posted inCLIMATE DIPLOMACY
KSA and Italy explore joint investments in mining and hydrogen
The countries are set to develop a regulatory framework to accelerate the critical raw materials sector
Posted inALSO ON OUR RADAR
Bahrain’s Riffa Views and UAE’s Agthia Group ink solar agreements, China’s Exeed luxury EVs hit Egyptian streets
The project aims to produce 70GWh of energy over the course of 25 years