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Morocco is investing in 17 new national projects, including in renewables: Morocco’s National Investment Commission has approved the allocation of USD 7.6 bn for 17 projects across several sectors including renewables, Morocco World News reported last week. The breakdown: Some USD 304 mn will be invested in renewable energy projects, representing 4% of the newly […]
Author Archives: enterpriseam admin
Posted inCLIMATE DIPLOMACY
Oman is looking to partner with South Korea on green hydrogen, renewables, and minerals + KSA is strengthening green cooperation with Azerbaijan
Oman courting Korean interest in green fuel and renewables sectors: A Omani delegation is in South Korea to meet with government officials and private sector firms to explore potential partnerships in green hydrogen, renewables, transport, and minerals, The Times of Oman reported on Saturday. The visit — headed by undersecretary of Oman’s Energy and Minerals […]
Posted inCLIMATE IN THE NEWS
The EU and the UK are cracking down on fast fashion landfill waste with a tax
EU, UK looking to fund textile recycling by taxing clothing companies: The EU and the UK government are preparing to follow the lead of Sweden, the Netherlands, and Italy in taxing fashion companies in a bid to crack down on discarded textiles clogging landfills globally, Bloomberg writes. The governments are reportedly preparing to enact legislation […]
Posted inALSO ON OUR RADAR
More blue ammonia shipments from Ma’aden, UAE is getting a 10 MW waste heat recovery plant, and lots of EV updates from the GCC
Ma’aden will ship blue ammonia to India: Saudi mining company Ma’aden has signed an agreement with Indian agricultural chemicals maker Coromandel International Ltd for the supply of low-carbon blue ammonia, Ma’aden said on Saturday. No financial details, amounts of blue ammonia, or the timeline for shipment were disclosed. All over Asia: Ma’aden exported its first […]
Posted inAROUND THE WORLD
Uzbekistan’s getting a USD 1 bn syngas processing plant + Namibia moves forward with USD 10 bn green hydrogen hub
A USD 1 bn processing facility for Uzbekistan: US-based industrial gas company Air Products has signed a USD 1 bn agreement with Uzbekistan and state-owned energy firm Uzbekneftegaz to acquire, own, and operate a natural gas-to-syngas processing facility in the country, it said in a statement on Thursday. The industrial complex, which will be part […]
Posted inCALENDAR
MAY 2023 29-31 May (Monday-Wednesday): Electric Vehicle Innovation Summit, Abu Dhabi, UAE. 29-31 May (Monday-Wednesday): CCUS Forum, Lusail City, Qatar. 30 May-1 June (Tuesday-Thursday): Global Sustainable Development Congress, King Abdullah University of Science and Technology (KAUST), KSA. 30 May-2 June (Tuesday-Friday): World Circular Economy Forum 2023, Helsinki, Finland. JUNE 2023 1 June (Thursday): Invest in […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: OC, Metito, Adnoc, and Taqa team up on USD 2.4 bn UAE sustainable water supply project
Good morning, wonderful people. The news cycle has slowed as we slide in the weekend, but we have a couple of big stories making headlines this morning. THE BIG CLIMATE STORY- A consortium of Orascom Construction, Metito, Adnoc, and Taqa will establish a USD 2.4 bn mega seawater treatment and water supply project in the […]
Posted inUncategorized
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Posted inINVESTMENT WATCH
OC-led consortium partner up with Adnoc, Taqa on USD 2.4 bn sustainable water supply project
A new sustainable water project for UAE big oil: A consortium comprising Orascom Construction (OC), Metito, the Abu Dhabi National Oil Company (Adnoc), and Abu Dhabi National Energy Company (Taqa) will establish a USD 2.4 bn mega seawater treatment and water supply project in the UAE, according to statements by the consortium (pdf) and Adnoc. […]
Posted inDECARBONIZATION
AD Ports and Brazil’s Vale ink an agreement to develop a mega low-carbon steel hub
Brazil’s Vale, UAE’s AD Ports to establish a hub for low-carbon steel materials: The UAE’s ADPorts Group and Brazilian mining firm Vale have inked an MoU to develop a mega steelmaking hub in Khalifa Economic Zones Abu Dhabi (Kezad) to source materials essential to low-carbon steel production for Abu Dhabi steel manufacturing sector, according to […]