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A Chinese bid for nuclear power in Saudi Arabia? Saudi Arabia is examining a Chinese offer to set up a two-reactor 2.8 GW nuclear power plant in the country, The Wall Street Journal reported on Friday, citing Saudi officials with knowledge of the matter. The move is an attempt by Riyadh to pressure the Biden […]
Author Archives: enterpriseam admin
Posted inGREEN HYDROGEN
UAE’s Masdar inks hydrogen fuel partnership with aircraft maker ZeroAvia
Masdar and ZeroAvia partner on hydrogen production for aircrafts: UAE renewables giant Masdar inked an agreement with California-based hydrogen-electric aircraft developer ZeroAvia to explore hydrogen production and supply projects for aircrafts, according to a statement released last week. Under the agreement, ZeroAvia will refuel its zero-emission aircrafts at commercial airports by 2030, with plans for […]
Posted inCLIMATE DIPLOMACY
What does the Brics invitation to Egypt, UAE, KSA and Iran mean for the regional green economy?
Regional entry to Brics could see increased green economy agreements: Egypt, the UAE, Saudi Arabia, and Iran were among the six countries invited to join the bloc of emerging economies known as the Brics during the organization’s annual summit in South Africa last week. Capping three days of talks, the leaders of Brazil, Russia, India, […]
Posted inCLIMATE DIPLOMACY
Oman and South Korea strengthen green transition cooperation PLUS: S. Korea looks to sign free trade agreements with seven EMs
Oman + S. Korea bolster cooperation in green energy: Oman’s Energy and Minerals Ministry has signed an MoU with South Korea’s Environment Ministry to strengthen and develop bilateral cooperation in the green transition, ONA reports. The MoU aims to encourage the two countries to cooperate in green transition programs and policies and environmentally sustainable techniques […]
Posted inAROUND THE WORLD
Singapore raises USD 2.1 bn in green bonds + Indonesian carbon market is ready for September kick-off
Green bond bonanza in Singapore: The city-state of Singapore raised SGD 2.8 bn (USD 2.1 bn) from green bonds issuances by reopening an existing 50-year maiden note it sold last year, surpassing a target of SGD 1.8 bn, Bloomberg reported on Thursday. While the majority of the funds raised came from institutions, SGD 50 mn […]
Posted inALSO ON OUR RADAR
Morocco’s Ermazon kicks off local manganese mining operations
Morocco’s Ermazon begins local manganese mining operations: Morocco-based mining company Ermazon SARL — a subsidiary of Canada’s Elcora Advanced Materials — kicked off manganese ore extraction and deliveries after securing future orders for its offerings, according to a statement released last week. The company plans to expand mining operations in the kingdom through new projects […]
Posted inCLIMATE IN THE NEWS
Smoke from volcanoes and wildfires have a parallel cooling effect, but it won’t do much to quell global warming
A strange silver lining to natural disasters: 20% of global heating has been offset by the cooling effects from volcanic eruptions and wildfires since 2015, The Guardian reported last week, citing a study (pdf) published by Jinan University in China. The smoke and gas emitted into the high atmosphere from these events in the last […]
Posted inCALENDAR
AUGUST 2023 29 August-1 September (Tuesday-Friday): Third meeting of the COP27 Transitional Committee, Dominican Republic. SEPTEMBER 2023 4-5 September (Monday-Tuesday): GCF Private Investment for Climate Conference, Nairobi, Kenya. 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 […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Will Petrojet build two concentrated solar power plants in Egypt?
Good morning, ladies and gents. The news cycle remains slow as people enjoy the last stretch of summer, but there are still some updates trickling in from around the region and abroad. OUR TOP STORY TODAY- A consortium of Egypt’s Smart Engineering Solutions and Germany’s Frenell have reportedly selected Egypt’s Petrojet to be the contractor […]
Posted inUncategorized
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