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SEPTEMBER 2023 26-27 September (Tuesday-Wednesday): GCC-Iraq Business Forum, Sharjah, UAE. 27-29 September (Wednesday-Friday): Algeria’s International Exhibition for Renewable Energy and the Environment, Algiers, Algeria. 28 September (Thursday): International Energy Agency Critical Minerals and Clean Energy Summit, Paris, France. Chariot Limited and Total Eren’s feasibility study on a 10 GW green hydrogen plant in Mauritania is […]
Author Archives: enterpriseam admin
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Sipchem gets feedstock allocation approval + Lucid Group opens the doors to its first overseas facility in KSA
Good morning, friends. We have a tight but interesting issue to close out the week, with hydrogen and ammonia getting a lot of traction in our region and beyond. THE BIG CLIMATE STORIES- Sahara International Company (Sipchem) — a petrochemical company jointly owned by private sector investors — said it has received approval from Saudi […]
Posted inUncategorized
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Posted inAmmonia
KSA’s Sipchem lands approval for blue ammonia project
KSA’s Sipchem seals approval for blue ammonia project: Sahara International Company (Sipchem) — a petrochemical company jointly owned by private sector investors — said it has received approval from Saudi Arabia Energy Ministry to allocate feedstock to build a blue ammonia plant in Jubail Industrial City, Sipchem said in a disclosure to Tadawul yesterday. About […]
Posted inUncategorized
Posted inELECTRIC VEHICLES
PIF-backed US automaker Lucid opens up its first international EV plant in KSA
PIF-backed Lucid Group opens up its first international EV plant in KSA: EV maker Lucid Group — which is backed by Saudi Arabia’s Public Investment Fund — inaugurated its first overseas production facility in Jeddah’s King Abdullah Economic City (KAEC) after obtaining the operating license for its manufacturing unit earlier this week, according to a […]
Posted inDEBT WATCH
Egypt secures USD 400 mn China Exim loan for its electric light rail train
The Export-Import Bank of China (China Exim) is reportedly lending Egypt USD 400 mn to finance its third and final phase of the all-electric light railway train (LRT), Asharq Business reports, citing people it says have knowledge of the matter. The loan would finance the delayed project’s completion, adding 20.4 km and four additional stations […]
Posted inCLIMATE DIPLOMACY
Qatar and South Korea to partner on renewables and clean hydrogen
Qatar and South Korea to partner on renewables and clean hydrogen: Qatar's Minister of State for Energy Affairs Saad Al Kaabi met with South Korea's Industry Minister Bang Moon-kyu yesterday in Seoul to discuss potential development and knowledge transfer agreements in the renewable energy and green hydrogen sectors, according to South Korea’s news agency Yonhap. […]
Posted inAROUND THE WORLD
India’s REC is financing USD 6 bn-worth of green hydrogen projects + Germany and the UK sign hydrogen partnership
Indian government-owned energy financier REC will funnel USD 6 bn into green hydrogen and ammonia projects, REC Chairman and Managing Director Vivek Kumar Dewangan told Argus. The pledge responds to calls from state oil refiners — which currently rely on fossil fuel-based hydrogen — to encourage and support green H2 projects. Coastal projects for green […]
Posted inCLIMATE IN THE NEWS
Heat trapped underground from growing urban infrastructure could cause major cities to “sink”
Urban infrastructure could face major damage from increased heat trapped underground: Heat emitted and trapped under the surface from subways and buildings — dubbed “underground climate change” — could cause major cities including Chicago, New York and London to “sink,” CNBC reported, citing a Chicago-based study (pdf) published in Nature. Air temperatures in underground human-made […]