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Morocco tapped to host one of the world’s largest battery parts makers: Morocco-based pan-African investment fund Al Mada is teaming up with Chinese battery giant CNGR Advanced Material Company to build a MAD 20 bn (USD 2 bn) industrial base for battery parts production and recycling in Morocco, Bloomberg reported, citing a joint statement. The […]
Author Archives: enterpriseam admin
Posted inSOLAR
Abdul Latif Jameel-backed FRV will supply Amazon with solar energy from Spanish farms
FRV will provide Amazon with renewable energy: Abdul Latif Jameel-backed Fotowatio Renewable Ventures (FRV) have agreed to power Amazon’s operations with renewable energy from Spanish solar farms, according to a statement released on Tuesday. No financial details on the agreement were disclosed nor a timeline for when the agreement will be activated. The details: FRV […]
Posted inUncategorized
Posted inMACRO PICTURE
Recycling aluminum cans could save 60 mn tons of CO2 per year by 2030
An effective global recycling system for aluminum beverage cans could save up to 60 mn tons of CO2 per annum globally by 2030, according to a study (pdf) by Roland Berger analyzing waste management schemes in six countries, including the UAE. The research assessed each country's collection infrastructure, recycling and landfill rates, used beverage can […]
Posted inCoffee With…
Coffee with: Mark Hoolwerf, Deputy Director at Port of Amsterdam
Coffee with: Mark Hoolwerf, Deputy Director at Port of Amsterdam: Hoolwerf (LinkedIn) serves as the International Deputy Director of Port of Amsterdam, the second largest port in the Netherlands and a hub that is eying green fuels imports from both Egypt and the UAE. Prior to serving as the Deputy Director, he acted as the […]
Posted inCLIMATE DIPLOMACY
Italy is turning to Algeria for cooperation in the renewables sector
Italy is ready to increase cooperation with Algeria in the energy transition: Increased cooperation in renewables projects and an electric interconnection was at the top of the agenda in a Tuesday meeting between the head of Algeria’s state-owned gas firm Sonelgaz and Italy’s ambassador to Algeria Giovanni Polizzi, according to a statement. Polizzi expressed Italian […]
Posted inALSO ON OUR RADAR
Morocco signs several agreements to boost research and training for the green transition
Morocco is dialing in on renewables + hydrogen research and training: The Moroccan Institute for Research in Solar Energy and New Energies (Iresen) has signed four different agreements to boost research and training in the renewable energy and green hydrogen fields, Morocco World News reports. The agreements were made on the sideline of the World […]
Posted inAROUND THE WORLD
Norway is looking to buy stakes in Iberdrola’s renewables plants in Spain and Portugal
Norway's sovereign wealth fund is planning to invest in 1 GW of Spanish utility giant Iberdrola’s renewables plants in Spain and Portugal, Reuters reported this week, citing sources that spoke to Cinco Dias newspaper. The sovereign fund was initially negotiating to buy a 49% stake in a portfolio of onshore wind farms and solar power […]
Posted inCLIMATE IN THE NEWS
The world’s first “scientific health check” shows a majority of planetary boundaries have been broken
The first complete “scientific health check” reveals global systems are well beyond stable range: Six of the world’s nine planetary boundaries — the environmental thresholds within which ecosystems can self-regulate and humanity can safely operate — have been broken due to “human-caused pollution and destruction of the natural world,” The Guardian reported, citing a study […]
Posted inON YOUR WAY OUT
Vertical farming isn’t luring investors, but remains stacked with promise
Vertical farming is growing out of business: Vertical farming may be a solution to food scarcity in arid climates, but the tech required to build and operate a vertical farm is too capital-intensive to lock in investors leaving many agritech businesses in the red, Bloomberg reports. There’s a lot to be done agronomically in a […]