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Good morning, friends. The news cycle is crawling along this week, but we have the latest on the two-day pre-COP underway in Abu Dhabi to sink our teeth into. THE BIG CLIMATE STORY- Acwa Power’s 1.5 GW Sudair solar farm in Saudi Arabia has begun commercial operations on its second phase, bringing the operational capacity […]
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The second phase of KSA’s 1.5 GW Sudair solar plant begins operations
75% of KSA’s 1.5 GW Sudair solar project is now operational: Another 25% of Acwa Power’s 1.5 GW Sudair solar PV in Saudi Arabia has begun commercial operations after the Saudi Power Procurement Company (SPPC) granted Acwa Power an Initial Commercial Operation certificate for the second phase of the project, according to a disclosure to […]
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Posted inGREEN TECH
Seabex’s AI tackles irrigation and water conservation issues with the use of sensors
The startup has developed a remote, AI-based irrigation monitoring and control system using sensors
Posted inEARNINGS WATCH
KSA’s Sabic Agri-Nutrients reports a 55% y-o-y dip in net income
KSA’s Sabic Agri-Nutrients reports a y-o-y dip in 3Q: Saudi chemicals manufacturer Sabic Agri-Nutrients reported a 55% decrease in net income y-o-y to SAR 1.04 bn, according to an 3Q 2023 earnings release (pdf). The company’s revenues also dipped 40% y-o-y to SAR 2.67 bn. What’s behind these numbers? The y-o-y downtick is attributable to […]
Posted inALSO ON OUR RADAR
Jordanian farmers get solar panels, Iraq its first WtE project
AGRICULTURE- Jordanian farmers get more solar power: Jordan signed an agreement with the AgriculturalCredit Corporation and the Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) to support the second phase of a program that installs solar panels for farmers, according to a statement. The JOD 1.1 mn (USD 1.6 mn) program will be provided by […]
Posted inON YOUR WAY OUT
The oil-rich seeds of Jatropha could prove to be a biofuels jackpot for Oman
The flowering plant's seeds contain up to 40% oil and can produce bioethanol and biodiesel
Posted inCALENDAR
OCTOBER 2023 29-31 October (Sunday-Tuesday): Egypt Energy Conference, Egypt International Exhibition Centre, Cairo, Egypt. 29 October-2 November (Sunday-Thursday): Cairo Water Week, Cairo, Egypt. 30 October-2 November (Monday-Thursday): International Solar Alliance Assembly, New Delhi, India. 31 October-2 November (Tuesday-Thursday): Financial Times’ Energy Transition Summit, London, UK. 31 October-2 November (Tuesday-Thursday): World Hydropower Congress, Bali, Indonesia. NOVEMBER […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Mubadala’s blockbuster debut green bond issuance is here + Acwa Power hits a homerun at Davos in the Desert
Good morning, wonderful people. It’s a moderately busy start to the week and we have a compact issue for you with updates from around the region. THE BIG CLIMATE STORIES- UAE sovereign fund Mubadala has issued a USD 750 mn green bond with an order book surpassing USD 6 bn leading to a whopping 9.1x […]