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The UK’s Vertical Aerospace completes first test flight for eVTOL: UK electrical vertical take-off and landing (eVTOL) aircraft manufacturer Vertical Aerospace Ltd completed the first test detached flight for its VX4 aircraft flying at some 70 km/h, Bloomberg reported last week. The company — which is looking to achieve certification for its aircraft by the […]
Author Archives: enterpriseam admin
Posted inCALENDAR
JULY 2023 25-26 July (Tuesday-Wednesday): London Hydrogen-Africa Green H2 Investment Forum, London, UK. TBD: Egypt’s post-COP27 Environmental and Climate Investment Forum, hosted by Egypt, Switzerland and UNIDO. 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 […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Masdar draws massive interest in debut green bonds sale
Good morning, friends. We have a relatively brisk issue this morning as the weekend nears close, which brings us to a quick programming note: Enterprise Climate will be taking a publication holiday tomorrow in observance of Islamic New Year. We’ll be back in your inbox at the usual time on Monday, 24 July. THE BIG […]
Posted inUncategorized
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Posted inDEBT WATCH
Masdar draws massive interest in debut green bonds sale, securing USD 4.2 bn in demand
Masdar set to raise big from debut green bonds sale: The UAE’s state-owned renewables developer Masdar is expected to raise USD 750 mn after its debut green bond issuance lured in over USD 4.2 bn in demand, Reuters reports, citing a bank document it has seen. The bonds — which are 5.6x oversubscribed — were […]
Posted inDECARBONIZATION
Emirates Steel Arkan partners with AD Ports and Japanese firms on green manufacturing plans
Emirates Steel Arkan is pushing forward on green plans: ADX-listed Emirates SteelArkan has signed an MoU with the UAE’s AD Ports Group, Japan’s Itochu Corporation, and JFE Steel Corporation to work on establishing an integrated low-carbon iron supply chain complex, according to a statement. The plant will be the first of its kind in the […]
Posted inWIND
Egypt may allocate land for Orascom Construction’s 3 GW wind plant in coming weeks
OC set to secure land within weeks for mega wind farm: Egypt’s Electricity and Renewable Energy Ministry will finalize a land allocation agreement for Orascom Construction’s (OC) planned 3 GW wind farm within weeks, Al Mal reports, citing ministry sources. The Egyptian government will likely allot some 1 mn sqm in Sohag for the c.USD […]
Posted inUncategorized
Posted inDECARBONIZATION
UAE’s Masdar to explore setting up the world’s first commercial scale polypropylene project
A major partnership between Masdar and the Japanese: UAE renewables giant Masdar has signed an agreement with Japan’s Mitsubishi Chemical Group (MSG) and Inpex Corporation to explore setting up the world’s first commercial-scale plant to produce polypropylene made from CO2 and green hydrogen in Abu Dhabi, according to a statement. What we know: The three […]
Posted inENTERPRISE EXPLAINS
Enterprise Explains: Adapting to minimize the loss and damage incurred by El Niño
Enterprise Explains: El Niño Part 2- Adapting to minimize the loss and damage incurred: Countries around the world are facing extreme high temperatures and scorching heat waves this summer, reinforcing a harsh reality that the impacts of global warming are on our doorstep. With the effects of El Niño currently underway, countries are reminded that […]