Another day, another IPO: SEE Holding — the developer behind the region’s first residential community to achieve net zero — is set to hire banks including Barclays and Citigroup to work on its planned initial public offering of its businesses and The Sustainable Citybrand, Bloomberg reported on Thursday, citing people in the know. What we […]
Author Archives: enterpriseam admin
UAE’s Emirati CO2 + Oxygenate Bamboo shortlisted as finalists for Adnoc’s Decarbonization Technology Challenge
Two UAE startups selected as finalists in Adnoc’s global Decarbonization Technology Challenge: UAE startups Emirati CO2 Group and Oxygenate Bamboo were among 10 finalists selected for a chance to earn USD 1 mn in pilot prizes as part of Adnoc’s Decarbonization Technology Challenge, according to a company statement published on Thursday. The finalists — who […]
EU designs EUR 15 mn cooperation program for Algeria’s renewable energy sector
Big funds from the EU to Algeria: The European Union says it has designed a EUR 15 mn cooperation program for the renewable energy sector in Algeria during the annual meeting of the high-level political dialogue on energy between the two parties, according to a joint statement on Thursday. The program focuses on the development […]
Oman Investment Authority invests in US’ EH2 + UAE launches first utility-scale wind programme
GREEN HYDROGEN- A push by Oman for green hydrogen: The Oman Investment Authority (OIA) — the sultanate’s sovereign wealth fund — has announced an undisclosed investment in US hydrogen technology startup Electric Hydrogen (EH2), The Times of Oman reported on Saturday, citing a statement by OIA. “At a time when the Sultanate of Oman is […]
OCTOBER 2023 9 October (Monday): ِAhram newspaper annual energy conference, Cairo, Egypt. 9-10 October (Monday-Tuesday): Saudi Green Building Forum, Riyadh, Saudi Arabia. 10-11 October (Tuesday-Wednesday): Green Energy Africa Summit, Cape Town International Convention Centre 2, Cape Town, South Africa. 8-12 October (Sunday-Thursday): MENA Climate Week, Riyadh, Saudi Arabia. 9-15 October (Monday-Sunday): World Bank/IMF 2023 Annual […]
TODAY: Maersk’s C2X signs USD 3 bn green methanol agreement with Egypt + Global Resilience Forum gets underway in Dubai
Good morning, friends. We’re rounding out the week with what feels like a calm day for the climate world, just in relative terms to the past several days. THE BIG CLIMATE STORY- Egypt signed a framework agreement with C2X — which is owned by AP Moller Holding and AP Moller-Maersk — worth some USD 3 […]
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Maersk’s green fuels arm inks USD 3 bn framework agreement with Egypt to produce green methanol
C2X is investing up to USD 3 to produce green fuel in the SCZone: Egypt signed a framework agreement with C2X — which is owned by AP Moller Holding and AP Moller-Maersk — worth some USD 3 bn for the production of green methanol and its derivatives in the Suez Canal Economic Zone, according to […]
Dewa is buying water from Acwa Power’s Hassyan plant
PROJECT UPDATE- Dewa is buying water from Acwa Power’s Hassyan plant: The Dubai Electricity and Water Authority (Dewa) has signed a 30-year water purchase agreement with Saudi Arabia’s Acwa Power to buy water from phase 1 of its solar-powered Hassyan desalination plant, according to a company statement. Dewa will purchase the desalinated water at a […]
UAE’s SNOC, Emerge set to build Sharjah’s largest solar power plant
Sharjah is getting its largest solar plant: The UAE's Sharjah National Oil Corporation (SNOC) has signed an agreement with Emerge — a joint venture between Abu Dhabi state-owned renewable energy developer and France’s EDF — to set up Sharjah’s largest solar power plant, Wam reports. What we know: The new solar power station will have […]