A helping hand for solar for the Yemenis from Masdar: Yemen is building a solar plant in Aden with a generation capacity of up to 120 MW with support from the UAE’s renewables giant Masdar, Yemen’s Electricity Minister Mana bin Yemeen told Erem news agency on Thursday. What we know: The facility in southern Yemen […]
Author Archives: enterpriseam admin
KSA’s City Cement sets up JV to produce alternative fuels from waste
A push for waste management for KSA: Saudi Arabia’s City Cement Company said its subsidiary — Green Solutions for Environmental Services Company — has set up a new joint venture aimed at producing alternative fuels from waste, according to a disclosure to Tadawul. The new JV — Innovative Solutions for Environmental Services Company — will […]
The UAE’s Amea Power will develop a 1 GW green hydrogen plant in Kenya
The UAE is exploring Kenya’s hydrogen sector: UAE-based renewables company Amea Power — a subsidiary of Emirati investment company Al Nowais — is looking to establish a 1 GW green hydrogen plant in Kenya’s Mombasa port, Bloomberg writes, referencing statements by company Chair Hussain Al Nowais. The UAE developer could increase its green hydrogen production […]
DP World launches USD 1.5 bn green sukuk to solid demand
DP World launches its maiden green sukuk: UAE port operator DP World’s has launched a USD 1.5 bn from a 10 year USD-denominated green sukuk issuance due sometime this month, Reuters reports, citing document from one of the arranging banks. The allocation and pricing have yet to be announced by the port operator. The details: […]
Tabreed continues its Indian expansion with a new agreement to explore investments
The UAE and India partner up on district cooling: The UAE’s National Central Cooling Company (Tabreed) has signed an agreement with the regional government of India’s Telangana state to explore investments in the district cooling sector of Hyderabad, Wam reported on Friday. Tabreed — which partnered with the IFC on a USD 400 mn, five-year […]
Sweden’s H2 Green Steel lands funding for mega green steel plant
Sweden’s H2 Green Steel raises funding for mega green steel plant: Sweden’s H2 Green Steel has raised EUR 1.5 bn (c. USD 1.6 bn) in equity to fund what is slated to be the world’s first large-scale green steel plant and a giga-scale electrolyzer to provide the facility with hydrogen, according to a statement released […]
SEPTEMBER 2023 9-20 September (Saturday-Wednesday): 2023 Sustainable Development Goals Summit, New York, USA. 11-13 September (Monday-Wednesday): Global Congress on Renewable and Non-Renewable Energy, Dubai, UAE. 12-13 September (Tuesday-Wednesday): Industry Transition 2023, Pittsburgh, USA. 12-15 September (Tuesday-Friday): WTO Public Forum, Geneva, Switzerland. 13-14 September (Wednesday-Thursday): Hydrogen Egypt Summit, Nile Ritz Carlton, Cairo. 18-19 September (Monday-Tuesday): The […]
TODAY: One of MENA’s largest CCUS projects has Adnoc’s backing
Good morning, friends. It’s the end of a very busy week for the regional climate industry and the weekend is mere hours away. We have another hefty issue, so let’s jump right in. THE BIG CLIMATE STORY- The Abu Dhabi National Oil Company (Adnoc) said it has reached a final investment decision to set up […]
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