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The first green methanol-fueled container ship will pass through the region: Dutch-based chemical producer OCI Global is fueling the first ever green methanol-powered container ship — set to leave South Korea and pass through the Suez Canal — under a partnership with Denmark’s shipping and logistics giant AP Moller-Maersk, according to a press release (pdf). […]
Author Archives: enterpriseam admin
Posted inAROUND THE WORLD
Toyota releases new technology roadmap in efforts to catch up with automotive manufacturing industry
Toyota reveals plans for its contribution to the EV market: Japan’s car manufacturing giant Toyota Motor has unveiled plans to introduce new technologies to improve the range, performance, and cost of EVs it plans to launch in the second half of the decade, Reuters reports. The company’s technology roadmap — which includes plans for battery […]
Posted inCALENDAR
JUNE 2023 5-15 June (Monday-Thursday): Bonn Climate Change Conference, Bonn, Germany. 12-15 June (Monday-Thursday): Saudi Plastics & Petrochem, Riyadh, KSA. 13-14 June (Tuesday- Wednesday): The Arab Green Summit, Dubai, UAE. 13-14 June (Tuesday- Wednesday) Bloomberg New Economy Gateway Africa Conference, Marrakesh, Morocco. 13-14 June (Tuesday- Wednesday): Vision Golfe 2023, French Ministry of the Economy, Finance […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: KSA and China’s Human Horizons sign a USD 5.6 bn EV partnership agreement
Good morning, ladies and gents. The regional climate updates have tapered off slightly as we hit a mid-week slump, but there are a couple of big ripples coming from KSA and the UAE. THE BIG CLIMATE STORIES- Saudi Arabia has signed a USD 5.6 bn agreement with Chinese electric car manufacturer Human Horizons to develop, […]
Posted inUncategorized
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Posted inELECTRIC VEHICLES
KSA inks USD 5.6 bn EV partnership agreement with China’s Human Horizons
KSA partners with Chinese EV manufacturer Human Horizons: Saudi Arabia’s Investment Ministry has signed a USD 5.6 bn agreement with Chinese electric car manufacturer Human Horizons to develop, manufacture, and sell electric vehicles (EVs), the Saudi Press Agency (SPA) reports. No details were disclosed regarding the location of the facility or a timeline for the […]
Posted inWIND
Masdar signs roadmap agreement to develop up to 1 GW of wind energy in Kazakhstan
Masdar looking to develop 1 GW wind farm in Kazakhstan: UAE renewables giant Masdar has inked a roadmap agreement with Kazakhstan to develop a wind farm in the southern part of the country with a potential production volume of 1 GW with a battery energy storage systems (BESS) facility, according to a statement. The financials […]
Posted inUncategorized
Posted inINVESTMENT WATCH
Oman’s Wakud wants to scale up its biofuel production capacity
Biofuels plant in Oman set begin within two months: Oman’s first biofuels producer Wakud plans to establish a plant with a capacity of 250 tons per day at an investment cost between USD 120-150 mn in partnership with Omani-British green energy venture X2E, the two companies’ top executives told Zawya. The plant, which will be […]
Posted inMOVES
Mamdouh Saud Al Saud will head KSA’s King Abdullah City for Atomic and Renewable Energy
Mamdouh Saud Al Saud has been appointed as the CEO of Saudi Arabia’s King Abdullah City for Atomic and Renewable Energy (Kacare), the government research arm said. Prior to this appointment, he served as president of the Islamic University of Madinah from 2020 till 2023. About Kacare: Established in 2010, Kacare is a government research […]