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Ma’aden sends first blue ammonia shipments to China: Saudi mining company Ma’aden has exported its first shipments of low-carbon blue ammonia to Chinese petrochemical producer Shenghong Petrochemicals as part of an agreement to supply 25k tons of ammonia, which is in line with the company’s goal of becoming a green leader globally, it said in […]
Author Archives: enterpriseam admin
Posted inGREEN HYDROGEN
Germany’s Hydrogenious LOHC Technologies pushes forward on its UAE-Europe hydrogen pipeline with Adnoc
Another UAE-Europe low-carbon hydrogen pipeline is moving forward: German oil and gas company Hydrogenious LOHC Technologies (LOHC) is nearing completion on the pre-project planning phase of its UAE-Europe hydrogen supply chain agreement with the UAE’s Adnoc, Tokyo-based electric power generation company Jera Americas, and German energy firm Uniper, Zawya reported last Thursday. The consortium remains […]
Posted inDEBT WATCH
UAE’s Aldar raises USD 500 mn in 4x overscribed debut green bond issuance
Aldar pulls trigger on debut green bond issuance: Abu Dhabi’s Aldar Investment Properties (AIP) — a unit of Aldar Properties — has raised USD 500 mn through its debut 10-year inaugural green sukuk, it said in a disclosure to the ADX (pdf) on Thursday. The issuance comes under its Green Finance Framework, which focuses on […]
Posted inCLIMATE DIPLOMACY
Oman and Egypt set to discuss renewables and green hydrogen. PLUS: Egypt discusses EVs with India and the UAE and Italy strengthen ties on renewables ahead of COP28
Oman and Egypt plan to explore renewables and hydrogen partnerships: Oman’s Sultan Haitham bin Tarik landed in Egypt yesterday for a two-day visit where he is expected to discuss with President Abdel Fattah El Sisi potential renewables and green hydrogen partnership agreements during the Omani-Egyptian Business Forum, according to the Oman News Agency. Oman will […]
Posted inCLIMATE IN THE NEWS
An emerging US low-carbon concrete startup wants to change the game and Toyota warns against a quick transition to EVs
US-based low-carbon concrete startup CarbonBuilt aims to revolutionize the industry through its climate-friendly concrete, Bloomberg reported last week. The three-year-old startup, along with concrete masonry production partner Blair Block, kicked off commercial production for its technology, which it claims can slash carbon emissions during the lifecycle of concrete by 70% to 100%. The low-carbon concrete […]
Posted inALSO ON OUR RADAR
Oman’s OPWP rebrands and kicks off implementation contracts for 1 GW of solar projects PLUS: Dubai completes 6 MW WtE project and Egypt ramps up renewables funding efforts
OPWP rebrands and makes Manah contracts official: The Oman Power and Water Procurement Company (OPWP) has rebranded to Nama and signed contract awards for the implementation of its 1 GW Manah I and II solar Independent Power Projects (IPPs), OPWP said on Thursday. The contract for the 500 MW Manah 1 was signed with Korea […]
Posted inAROUND THE WORLD
Tesla is eyeing India’s EV incentives and Spain’s Repsol invests in Italian renewables
Tesla held talks with Indian officials over incentives offered to car and battery makers who sell and export locally made vehicles and parts, Reuters reported on Thursday, citing a source with knowledge of the matter. The talks come after the US electric vehicle manufacturer proposed establishing a factory in the country to build EVs, with […]
Posted inCALENDAR
MAY 2023 22-24 May (Monday-Wednesday): IEEE Power and Energy Forum, Muscat, Oman. 25-27 May (Thursday-Saturday): Second meeting of the COP27 Transitional Committee, Bonn, Germany. 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 […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Infinity Power + Copelouzos Group ink an agreement to explore the joint development of renewables
Good morning, ladies and gents. We have a busy morning of climate updates to dive into before the week comes to a close. THE BIG CLIMATE STORY- Infinity Power — a JV between UAE’s Masdar and homegrown renewable player Infinity — signed a MoU with Greece-based Copelouzos Group — through its subsidiary companies Damco Energy […]
Posted inUncategorized
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