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Taqa Arabia takes a stumble on its EGX debut: Taqa Arabia began trading on Egypt’s bourse yesterday under the ticker TAQA after getting the green light from the EGX’s listing committee last week (pdf) but faced a transaction reversal on its first day, according to a statement (pdf) and an EGX news bulletin. The EGX […]
Author Archives: enterpriseam admin
Posted inCLIMATE DIPLOMACY
KSA + France expand discussions on renewable energy and hydrogen cooperation
KSA + France energy cooperation framework is taking shape: Saudi Energy Minister Abdulaziz bin Salman met with his French counterpart Agnes Pannier-Runacher in Riyadh to discuss a previously signed energy agreement, the Saudi Press Agency reports, citing a joint statement. Bin Salman and French Foreign Affairs Minister Catherine Colonna signed an MoU in February to […]
Posted inUncategorized
Posted inINVESTMENT WATCH
BP invests USD 10 mn in US startup planning a UAE-based biofuels plant
BP invests in WasteFuel on WtE ambitions: British oil and gas company BP invested USD 10 mn in WasteFuel’s series B funding round in a bid to help the US-based biofuel company establish its first waste-to-energy (WtE) production facility in Dubai, according to a statement released on Thursday. BP also signed an agreement to offtake […]
Posted inSOLAR
Project update: Red Sea Global installs 750k solar panels for Red Sea Project
Energy infrastructure under construction for KSA’s Red Sea Project: Red Sea Global, a global multi-project developer fully owned by Saudi Arabia’s sovereign wealth fund the Public Investment Fund, has installed 750k solar panels and five solar stations for the first phase of the kingdom’s luxury Red Sea Project (RSP), SPA reported on Friday. What we […]
Posted inPOLICY
USAID-backed Power Tunisia to provide subsidies for the country’s renewables transition
A helping hand for Tunisia’s green transition: The USAID-backed Tunisian Private Sector Energy Transition Support Program (Power Tunisia) is set to offer subsidies and technical assistance to private companies in the country to help back their green transition, Tunis Africa Press Agency (TAP) reported last week. Who is involved: Two agreements were signed last Wednesday […]
Posted inALSO ON OUR RADAR
Jordan and Oman get more waste treatment for, Neom’s green hydrogen project can officially proceed, and there’s more UAE desalination projects coming
Water treatment project in Jordan a done deal: Jordan’s Water and Irrigation Minister Mohamed Al Najjar signed a JOD 7.6 mn (c. USD 10.7 mn) agreement for a treated water carrier project backed by Germany's Development Bank (KfW), according to a statement. The project in Irbid would provide 10 mn cubic meters of treated water […]
Posted inAROUND THE WORLD
Canada is on track to have the world’s largest nuclear facility
The world’s biggest nuclear plant could be Canadian: Canada’s private nuclear generator Bruce Power plans to expand an existing nuclear plant in a bid to build the world’s largest nuclear facility to meet a rise in demand for clean energy, Bloomberg reported last week. It will conduct an environmental assessment to add c. 4.8 GW […]
Posted inON YOUR WAY OUT
Can capitalizing on soil’s natural carbon sink qualities massively cut emissions?
Tweaking agricultural practices could help store some 31 gigatons of greenhouse gasses per year and avoid surpassing the 1.5°C warming threshold, The Guardian writes, referencing new research by former chief scientist at the UN environment program Jacqueline McGlade. Increasing agricultural soil carbon-storage capacities by just 1% across half of global farming soils could help plug […]
Posted inCALENDAR
JULY 2023 15-16 July (Saturday-Sunday): Second COP27 transitional committee workshop, Bangkok, Thailand. 18-19 July (Tuesday-Wednesday): Egypt Mining Forum, Cairo, Egypt. 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, […]