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A massive setback for Siemens Energy: Technical faults at Siemens Energy’s wind turbine unit will cost it EUR 2.2 bn (c. USD 2.4 bn), its 3Q results (pdf) showed on Monday. The setback has hit the energy giant’s subsidiary Siemens Gamesa, bringing its net losses this year to EUR 4.5 bn. It also slashed its […]
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
ADQ partners with Dutch agritech firm on Abu Dhabi greenhouse facility and lots of KSA updates on recycling, waste and mining
ADQ partners with Dutch agritech firm on Abu Dhabi greenhouse facility: Abu Dhabi’s investment and holding company ADQ signed a partnership agreement with climate-smart agriculture technologies firm Safe Haven Solutions to build a carbon-neutral greenhouse at ADQ’s AgTech Park in Khalifa Economic Zones Abu Dhabi, Wamreports. No financial details or a timeline for the project […]
Posted inCLIMATE IN THE NEWS
The first commercial hydrogen-powered ferry is setting sail this month
The first commercial ferry powered entirely by hydrogen is set to make its maiden voyage across San Francisco Bay this month, The Guardian reports. The MV Sea Change ferry will embark on a one-hour zero-emission journey as part of a plan by the San Francisco Bay Area Water Emergency Transportation Authority to phase out diesel-powered […]
Posted inON YOUR WAY OUT
How plastic collected off Tunisian beaches transforms into high-end denim wear
Denim wear from beach waste: The EU-backed Kerkennah Plastic Free program is selling tons of plastic from its beach to international consortium Seaqual Initiative for repurposing as nylon fibers for clothing, project coordinator Jean-Paul Pelissier told AFP. The waste is transformed through multiple processes to make denim clothing for a number of companies including Outa […]
Posted inCALENDAR
AUGUST 2023 20-24 August (Sunday-Wednesday): World Water Week 2023, Stockholm, Sweden. 21-22 August (Monday-Tuesday): International Conference on Recycling and Waste Management, USA. 21-22 August (Monday-Tuesday): International Conference on Environmental Sustainability and Climate Change, USA. 29 August-1 September (Tuesday-Friday): Third meeting of the COP27 Transitional Committee, Dominican Republic. SEPTEMBER 2023 4-6 September (Monday-Wednesday): Sustainable Maritime Industry […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Drake & Scull International subsidiary will build an AED 307 mn wastewater treatment plant in Jordan
Good morning, friends. We have a fairly meaty issue for you to begin the week with some climate industry news from the region and beyond. Let’s jump right in. THE BIG CLIMATE STORY- A subsidiary of Dubai-based contractor Drake & Scull International will build an AED 307 mn (c. USD 83.6 mn) wastewater treatment plant […]
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Posted inWASTE WATER
Dubai-based contractor to build an AED 307 mn wastewater treatment plant in Jordan
UAE contractor lands bid for Jordan wastewater treatment plant: A subsidiary of Dubai-based contractor Drake & Scull International will build an AED 307 mn (c. USD 83.6 mn) wastewater treatment plant in Jordan’s Ar-Ramtha city, according to a disclosure(pdf) published on Friday on the Dubai Financial Market. The Drake & Scull subsidiary will develop the […]
Posted inINVESTMENT WATCH
Dubai Holding invests AED 150 mn in JV for copper products manufacturing with Thailand’s Oriental Copper
More critical minerals lined up for the UAE: Dubai Holding, the investment vehicle of Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum, is forming a JV with Thai copper manufacturer Oriental Copper to manufacture high-quality copper products in the UAE, according to a statement (pdf) released last Thursday. Both firms will invest a capital expenditure of […]
Posted inUncategorized