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Petrojet tapped for New Valley’s solar plants: A consortium comprising of Egypt’s SmartEngineering Solutions (SES) and German renewable energy firm Frenell has selected Cairo-based Petrojet to be the contractor for two concentrated solar power (CSP) plants in Egypt’s New Valley, Al Mal reports, citing sources it says have knowledge of the matter. The two plants […]
Author Archives: enterpriseam admin
Posted inUncategorized
Posted inGREEN TECH
A major ocean energy agreement signals potential for the nascent renewables source
A big step toward for ocean energy in West Africa: Plans to install the first 1.5 MW commercial-scale ocean thermal energy conversion (OTEC) floating platform seem to be moving forward, with UK-based ocean energy company Global OTEC signing an MoU with France-based heat-to-electricity provider Enogia to develop key subsystems for the project, according to a […]
Posted inMACRO PICTURE
A climate-resilient energy transition is inevitable for MENA as warmer planet spells trouble
Why a clean energy transition is the only way forward for climate resilience in MENA: As the MENA region continues to be one of the world’s regions most vulnerable to the hazardous effects of climate change, an urgency emerges to push with energy transition to help alleviate the impact of the ongoing crisis, a recent […]
Posted inAROUND THE WORLD
Swedish EV battery maker Northvolt raises USD 1.2 bn to fund expansion
Northvolt raises over USD 1 bn to fund new Europe, North America factories: Swedish electric battery maker Northvolt has raised USD 1.2 bn from international investors — including BlackRock and Goldman Sachs — and Canadian pension funds in preparation for expanding in Europe and North America, CFO Alexander Hartman told Reuters. The latest round brings […]
Posted inALSO ON OUR RADAR
Oman-UAE-Saudi Arabia electrical interconnection moves to planning phase
Oman-UAE-Saudi Arabia electrical interconnection in the works: A 400 KV electrical interconnection extending from Ibri in northwest Oman to the UAE’s Silaa border with Saudi Arabia and linking to the Gulf Cooperation Council Interconnection Authority (GCCIA) grid is currently in the planning phase following completion of an evaluation study, Oman's Power and Water Procurement Company […]
Posted inCLIMATE IN THE NEWS
US startup Ebb Carbon is developing ocean-based carbon capture tech
Can new tech improve ocean carbon capture? US startup Ebb Carbon is developing ocean-based CO2 removal tech in a bid to capture up to 1 mn tons of carbon from waterways annually to alleviate the climate-driven acidification of oceans, CNBC writes. Oceans are nature’s largest carbon sink, absorbing a quarter of global CO2 emissions and […]
Posted inCALENDAR
AUGUST 2023 20-24 August (Sunday-Wednesday): World Water Week 2023, Stockholm, Sweden. 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. […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Masdar inks roadmap agreement for solar projects in Ethiopia
Good morning, wonderful people. We’re experiencing a slight lull in the news cycle, but we have a few updates for you from the region and beyond. THE BIG CLIMATE STORY- UAE renewables giant Masdar inked a roadmap agreement with the government of Ethiopia to develop two solar farms with a total generation capacity of 500 […]
Posted inUncategorized
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