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Egypt gets support for desalination projects: The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation will work with the Sovereign Fund of Egypt (SFE) to increase private-sector participation in four desalination plants powered by renewable energy, according to an EBRD statement and an Egyptian cabinet statement released last week. The two […]
Author Archives: enterpriseam admin
Posted inPOLICY
UN’s first water conference since 1977 adopts Water Action Agenda
UN’s Water Action Agenda springs into effect: The United Nations’ first water conference since almost half a century closed over the weekend with the adoption of the Water Action Agenda under efforts to safeguard “humanity’s most precious global common good,” according to a statement released on Friday. The non-binding agenda adopted during the 2023 UN […]
Posted inBIOFUEL
Saudi Arabia inaugurates first waste-to-biofuel plant
KSA inaugurated the kingdom’s first biofuel production plant in the country’s eastern province of Al Jubail, according to Al Riyadh and a company statement released last week. The production facility — operated by KSA’s The Biofuel Company — is wholly financed by Saudi investors, with financial backing from Aramco’s VC outfit Waed Ventures. The details: […]
Posted inUncategorized
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Posted inCLIMATE IN THE NEWS
EU puts e-waste in the crosshairs with new proposed legislation
EU cracks down on e-waste: EU consumers may be able to request repairs for their worn-out home appliances between five to 10 years after purchase in a bid to crack down on consumer goods being trashed and replaced, Reuters reported. The new rule being discussed by the EU's executive branch would apply to fridges, vacuum […]
Posted inALSO ON OUR RADAR
ADQ launches vertical farming project in Abu Dhabi + Norway to support Egypt’s Petrojet on green hydrogen production
The Abu Dhabi Developmental Holding Company (ADQ) launched a vertical farming project in collaboration with Italy’s Zero Farms in ADQ’s AgTech Park, according to a statement released last week. The project’s pilot phase spans a surface area of 1k sqm and will yield 10 tons of produce per annum when it comes online by the […]
Posted inAROUND THE WORLD
Japan’s Jera snaps up Belgium’s biggest offshore wind energy platform
Jera acquires Belgium's largest offshore wind energy platform: Japan’s largest power generation company, Jera, has fully acquired Belgian renewables company Virya Energy’s wind energy platform Parkwind for EUR 1.55 bn, according to a company statement. The transaction will see Jera add 771 MW of clean energy to its portfolio from Parkwind’s Belgium-based plants, 257 MW […]
Posted inCALENDAR
APRIL 2023 6 April (Thursday): Arabia CSR Awards 2022 Clinic (online). 18-19 April (Tuesday-Wednesday): International Conference on Green Energy and Environmental Technology (ICGEET), Dubai, UAE. 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 Conference […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Oman’s Rakiza raises USD 1 bn for infrastructure fund
Good morning, wonderful people. We hope you’re all enjoying your last morning cup of joe as the region gears up for a month of fasting. THE BIG CLIMATE STORY- Muscat-based investment company Rakiza has raised USD 1 bn in its first infrastructure fund to invest in renewables, among other sectors, in Oman and Saudi Arabia. […]
Posted inUncategorized
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