Indian motorcycle manufacturer TVS Motor unveiled its all-electric TVS X scooters in the UAE last week, according to a statement. The company — which has reportedly spent the past four years and USD 30 mn developing its flagship EV — plans to launch the TVS X in the UAE in the next fiscal year, which […]
Author Archives: enterpriseam admin
Oman plans two 100 MW wind farms + wants to establish its first BESS facility
Oman will issue RFPs for two 100 MW onshore wind farms: Omani state-owned oil company Petroleum Development Oman (PDO) will issue requests for proposals (RFPs) for two wind farms with a 100 MW generation capacity each in the city of Qarn Alam, the Solar Quarter writes. PDO is also looking to establish a 100 MW […]
SEPTEMBER 2023 4-6 September (Monday-Wednesday): Sustainable Maritime Industry Conference, Jeddah, Saudi Arabia. 4-6 September (Monday-Wednesday): Africa Climate Summit, Nairobi, Kenya. 5-7 September (Tuesday-Thursday): Global Water, Energy and Climate Change Congress(GWECCC), Manama, Bahrain. 7-8 September (Thursday-Friday): Annual Regional Sustainability and Development Forum, Cairo, Egypt. 9-10 September (Saturday-Sunday): G20 Heads of State and Government Summit, New Delhi, […]
TODAY: Acwa Power ? Italian investors + Green banks are in the works for Egypt
Good morning, wonderful people. It’s another busy day on the climate front, but first… COUNTDOWN- There are just 13 days until the Enterprise Finance Forum, taking place at the St. Regis Hotel in the Nile Corniche. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, bankers, investors, and founders […]
This publication is proudly sponsored by
Acwa Power inks a stack of agreements with Italian companies to boost cooperation on green hydrogen and renewables
KSA’s Acwa Power inks agreements with Italian investors: Renewables giant Acwa Power signed agreements with six Italian partners to explore potential partnerships in key sectors including green hydrogen, water desalination, waste management, according to a statement. Who is doing what: Italy’s SME federation Confindustria — with a collective network of 222 associations and more than […]
Green banks could be happening in Egypt and here’s what we know so far
Could green banks make their way to Egypt? The Central Bank of Egypt (CBE) has indicated the possibility of establishing green banks in the country in accordance with the CBE’s rules and the new Banking Law, its recent financial stability report (pdf) showed. The mission-driven institutions would come under legislation allowing for the licensing of […]
KSA’s SPPC announces shortlisted bidders for 1.5 GW solar projects
Some major solar moves are happening in KSA: The Saudi Power Procurement Company (SPPC) has announced the names of shortlisted bidders for the fourth round of solar projects under the country’s National Renewable Energy Program (NREP), according to a statement (pdf). The fourth round covers the 1.1 GW Al Henakiyah and 400 MW Tabrajal solar […]
A new WMO report spells out how the climate crisis is worse for Africa
Ringing the alarm bell for Africa: A worsening climate change continues to be an increasing threat for Africa, causing harm to food security, ecosystems, and economies in a continent that is responsible for only a fraction of the world’s greenhouse gas emissions, according to a report (pdf) by the World Meteorological Organization (WMO) released during […]