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A different form of sustainable water treatment is coming to the UAE: Sharjah-based real estate developer Arada is partnering with Hungarian water tech firm Biopolus, Sharjah Research Technology and Innovation Park (SRTIP) and global water management solutions provider Metito for the construction and operation of a “state-of-the-art” water treatment plant in Sharjah, according to a […]
Author Archives: enterpriseam admin
Posted inCLIMATE DIPLOMACY
G7 meetings give renewables targets a boost but leave coal phase out plans behind
G7 move forward with renewables, but fall short on fossil fuel phase out: G7 countries agreed to increase their 2030 targets for solar and wind production, but failed to see eye-to-eye on a deadline for phasing out coal as the two-day ministerial meetings on climate policy concluded in Japan on Sunday, Reuters reports. G7 ministers […]
Posted inINVESTMENT WATCH
Mubadala Capital energy subsidiary to invest bns in Brazilian green diesel + SAF
UAE is aiming big for Brazil: Abu Dhabi’s Mubadala Capital-backed Acelen will invest up to USD 2.4 bn over the next 10 years to produce green diesel and sustainable aviation fuel in Brazil, according to a statement released on Saturday. The new biorefinery in Brazil’s northeastern state of Bahia will have the capacity to produce […]
Posted inALSO ON OUR RADAR
Solar energy updates from Saudi Arabia + Japan’s Sumitomo invests in Egypt’s EV production
Arctech tapped for Saudi’s first solar tracker: China’s Arctech has been tapped to provide a 1.5GW SkyLine II solar tracking solution for the ASB project in Saudi Arabia, according to a statement. The details on the project for which Arctech has been tapped remain unclear, but the statement notes a long-standing relationship with ASB project […]
Posted inAROUND THE WORLD
Nuclear power news from Poland and the EU + the UK axes senior climate diplomat post
Poland’s small reactors could be getting funds from the US: Several US financing institutions could provide up to USD 4 bn for a project by Poland’s Orlen Synthos Green Energy to deploy small modular reactors (SMR) in the country, Reuters reports. The project — undertaken by Poland’s leading refiner PKN Orlen and chemicals firm Synthos […]
Posted inCALENDAR
APRIL 2023 18-19 April (Tuesday-Wednesday): International Conference on Green Energy and Environmental Technology (ICGEET), Dubai, UAE. 29-30 April (Saturday-Sunday): First COP27 transitional committee workshop, Bonn, Germany. MAY 2023 1-4 May (Monday-Thursday): Arabian Travel Market, Dubai, UAE. 2-7 May (Tuesday-Sunday): Salon International de l’Agriculture au Maroc (SIAM), Meknes, Morocco. 4-6 May (Thursday-Saturday): International 100% Renewable Energy […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: UAE’s Masdar acquires a 50% stake in California solar plant
Good morning, ladies and gents. Thursday has finally rolled back around as we slide into the weekend — but first we have a few climate updates from the UAE and KSA. A quick programming note: Enterprise Climate will be taking a publication holiday on Monday in observance of the Egyptian national holiday of Sham El […]
Posted inUncategorized
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Posted inM&A WATCH
Masdar nabs 50% stake in EDF Renewables’ California Big Beau solar plant
Masdar acquires 50% stake in California solar project: UAE renewables giant Masdar finalized its acquisition of a 50% share in EDF Renewables North America’s 128 MW Big Beau solar plant in California, according to a statement. The plant is accompanied with a 40 MW battery energy storage system (BESS) facility. Big Beau offsets some 315k […]
Posted inINVESTMENT WATCH
KSA is getting a hydrogen fuel cell assembly plant
US companies are setting up shop in the KSA for a HFC assembly plant: US-based hydrogen fuel cell (HFC) solutions company Renewable Innovations (RI) signed a joint venture agreement with Utah-headquartered Mena Holdings to establish a hydrogen fuel cell (HFC) products assembly plant in Saudi Arabia, Bloomberg writes, citing a company statement. The financial details […]