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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: Masdar is developing a 500 MW floating PV plant in Indonesia + India and Indonesia get rolling on carbon trading
Good morning, friends. We have a meaty issue for you this morning, with news across a range of sectors in our neck of the woods and on a global level. THE BIG CLIMATE STORY- UAE state-owned renewable energy giant Masdar has signed an agreement with Indonesia’s utility company PLN Nusantara Power to develop a 500 […]
Posted inUncategorized
Posted inSOLAR
Masdar to develop a 500 MW floating solar park in Indonesia
Masdar signs agreement to triple capacity of its Cirata floating solar PV power plant in Indonesia: UAE state-owned renewable energy giant Masdar has signed an agreement with Indonesia’s utility company PLN Nusantara Power to develop a 500 MW floating solar photovoltaic plant (FPV) in Indonesia, according to a company statement. The details: The 500 MW […]
Posted inINVESTMENT WATCH
Taqa Morocco plans to earmark USD 320 mn to boost its clean energy portfolio
Taqa Morocco to earmark USD 320 mn to boost its clean energy portfolio: Taqa Morocco — a subsidiary of Abu Dhabi National Energy Company (Taqa) — plans to allocate MAD 3.3 bn (c. USD 320 mn) to develop renewable energy projects in the country yielding an expected 200 MW by 2025, the company’s Vice President […]
Posted inIPO WATCH
Oman’s biggest IPO on record begins subscription period
Oman’s OQ Gas Networks kicks off subscription period for country’s biggest IPO listing: The subscription period for the retail and institutional portions of Omani state-owned natural gas network operator OQ Gas Networks’ (OQGN) IPO on the Muscat Stock Exchange (MSX) began yesterday, as per the IPO prospectus (pdf). OQGN is offering up to 49% of […]
Posted inSOLAR
Amea Power reaches financial close on the 120 MW Kairouan solar plant in Tunisia
UAE-based renewables developer Amea Power has achieved financial close on its planned USD 86 mn, 100 MW PV plant in Tunisia’s Kairouan, according to a company statement. The company expects to break ground on the project between December of this year and January 2024, Amea Power’s Senior Director of Business Development Hussein Matar told Enterprise […]
Posted inNUCLEAR
Saudi Arabia eyes first nuclear power plant with tougher IAEA checks
KSA is all in on nuclear with tougher IAEA checks: Saudi Arabia is planning to set up its first nuclear power plant under a bid to advance its nascent nuclear program under monitoring by the International Atomic Energy Agency (IAEA), the country’s Energy Minister Prince Abdulaziz bin Salman Al Saud said in remarks (pdf) during […]
Posted inMOVES
Saudi’s Ma’aden announces board reshuffle
Ma’aden puts fresh faces on its board: Ahmed Alhakbani (LinkedIn) and Manar Al Moneef (LinkedIn) have been tapped to join Saudi Arabia’s state-owned Mining company Ma’aden’s board of directors, effective 25 October, the company said in a disclosure to Tadawul yesterday. Alhakbani and Al Moneef are replacing Suliman bin Abdulrahman AlGwaiz and former Vice Chairman […]