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Tesla and India have kicked off discussions about establishing an EV factory with an annual capacity of up to 500k electric vehicles, The Times of India reported on Thursday, citing government sources with knowledge of the matter. The US electric car manufacturer is also looking to use India as a base for car exports to […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
The world’s whitest paint could slash the need for ACs by 40%
Ultra white paint, a cool solution to a warming planet: An ultra white paint developed by a team of engineers at Purdue University could reduce the need for air conditioning in buildings as the world continues to warm, The New York Times reported last week. The paint, which is a Guiness World Record holder as […]
Posted inCALENDAR
JULY 2023 18-19 July (Tuesday-Wednesday): Egypt Mining Forum, Cairo, Egypt. 22-23 July (Saturday-Sunday): International Conference on Solar Power Technology, Dubai, the UAE. 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 […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: MENA, Asia, and Latin America get USD 2 bn in fresh climate financing courtesy of the Climate Finance Mobilization Forum
Good morning, friends. After a lull yesterday, the news cycle has picked up as we slide into the weekend. Let’s jump right in. THE BIG CLIMATE STORY- Over USD 2 bn were pledged by Britain's Energy Security and Net Zero Secretary Grant Shapps and US Special Presidential Envoy on Climate John Kerry for slashing emissions […]
Posted inUncategorized
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Posted inCLIMATE FINANCE
Climate Finance Mobilization Forum pledges over USD 2 bn in climate financing for MENA, Asia, and Latin America
Climate finance for nearly everyone: Over USD 2 bn were pledged by finance heads and philanthropists for slashing emissions and bolstering climate resilience in MENA, Asia, and South America, according to a joint UK-US statement. The funds were pledged by Britain's Energy Security and Net Zero Secretary Grant Shapps and US Special Presidential Envoy on […]
Posted inELECTRIC VEHICLES
UAE’s NWTN to establish a new EV production line in the Emirates
UAE’s NWTN plans to expand Abu Dhabi EV factory: Dubai-based green mobility company NWTN Motors has signed an MoU with the Abu Dhabi Department of Economic Development (DED) to establish a new integrated electric vehicle production line in the UAE and expand its EV factory in Abu Dhabi, according to a statement. And there’s more: […]
Posted inUncategorized
Posted inM&A WATCH
UAE’s Ryse Energy acquires US wind firm Primus Wind Power
UAE’s Ryse Energy acquires US-based Primus Wind Power: Abu Dhabi-based decentralized renewable energy solutions company Ryse Energy has acquired US portable wind turbine manufacturer Primus Wind Power, Trade Arabia reports. The financials of the agreement were not disclosed. The details: The acquisition should enable Ryse Energy to expand in North America and manufacture its own […]
Posted inM&A WATCH
The Ma’aden-Ivanhoe Electric JV is signed, sealed, delivered
It’s a done deal for Ma’aden, Ivanhoe: Saudi state-owned mining company Ma’aden and US mineral development company Ivanhoe Electric have finalized setting up an exploration JV in Saudi Arabia, according to a disclosure sent to Tadawul yesterday. The JV will be known as Ma’aden Ivanhoe Electric Exploration and Development Limited Company, according to a statement […]