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Author Archives: enterpriseam admin
Posted inDESALINATION
Egypt prequalifies 17 bidders for the first phase of its mega desalination program
Egypt’s sovereign fund gets the ball rolling on water desalination plants: Seventeen regional and international consortiums have been prequalified for the tender process for several desalination plants in Egypt as part of the first phase of the government’s desalination program, according to a statement (pdf) by the Sovereign Fund of Egypt (SFE). The plants — […]
Posted inDevelopment finance
Japan’s JBIC and Egypt boost cooperation on clean energy projects
JBIC partners with Egypt on green fuels and renewables: The Japan Bank for International Cooperation (JBIC) signed a non-binding agreement with Egypt’s International Cooperation Ministry to explore cooperation in renewable energy and green fuels including ammonia and hydrogen, according to a statement. The timeline and potential investment tickets for the planned projects were not disclosed. […]
Posted inUncategorized
Posted inSOLAR
Another 200 MW commissioned in fifth phase of Dubai’s Mohammed bin Rashid Al Maktoum Solar Park
Another 200 MW of solar energy for Dubai: The Dubai Electricity and Water Authority (Dewa) has commissioned 200 MW from the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park ahead of schedule, according to a statement. This leaves only 100 MW remaining to achieve the completion of the park’s fifth […]
Posted inCLIMATE DIPLOMACY
UAE and Morocco talk renewables investments. PLUS: Algeria explores cooperation with Zimbabwe on renewable energy and mining
UAE, Morocco talk renewables cooperation: UAE Economy Minister Abdullah bin Touq Al Marri and Moroccan counterpart Nadia Fattah Al Alawi discussed the importance of boosting mutual investments in renewable energy, AI, cybersecurity, and technology, Wam reports. Al Marri made the statements during a meeting in Rabat with several key Moroccan ministers and officials on the […]
Posted inFROM THE CLIMATE STORE
Acer ventures into e-mobility world with smart e-bike
City dwellers are in for an Acer treat: Acer has rolled out an AI-driven single motor e-bike as it branches out to the e-mobility game, according to a statement. The Acerebii — a “greener option” that offers seamless rides despite its minimalist design — is the latest venture by the Taiwanese company most known for […]
Posted inALSO ON OUR RADAR
Oman scouts project management companies for solar projects and cracks down on waste management
The Oman Power and Water Procurement Company (OPWP) is accepting bids from project management consultants for its Manah 1 and Manah 2 solar plants, Trade Arabia reports. Construction of the plants — set to contribute 500 MW each to the national grid — will begin in 3Q 2023 and commercial operations will be completed by […]
Posted inAROUND THE WORLD
Indian renewable energy developer secures USD 250 mn investment US equity firm
India’s Serentica Renewables scores more funding: Indian decarbonization platform Serentica Renewables secured a USD 250 mn investment from US private equity firm KKR to support its plans in developing a 4 GW renewable energy portfolio, according to a statement. This brings KKRs total investments in Serentica to USD 650 bn, after a previous USD 400 […]
Posted inON YOUR WAY OUT
Is the cement industry close to getting the net zero facelift it needs?
Groundbreaking cement mix uses bacteria to lock up carbon: Denmark’s concrete manufacturing giant IBF and US-based startup Biomason are finalizing the development of a cement mix that replaces the conventionally used limestone base with a bacteria that traps carbon dioxide when heated for concrete production, Bloomberg reports. How does it work? While traditional concrete relies […]