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Could space seeds be the answer? Sorghum and cress seeds are being exposed to intense solar radiation by the International Atomic Energy Agency (IAEA) under efforts to boost their resistance to feed people on an increasingly warming planet, Bloomberg reports. Exposing the seeds to cosmic radiation would allow crops to endure hotter weather, increasingly barren […]
Author Archives: enterpriseam admin
Posted inCALENDAR
MARCH 2023 7-9 March (Tuesday-Thursday): Middle East Energy Exhibition, Dubai, UAE. 8-9 March (Wednesday-Thursday): Earthna Summit, Doha, Qatar. 12-16 March (Sunday-Thursday): Oman Sustainability Week, Oman Convention and Exhibition Centre (OCEC), Muscat. 14-16 March (Tuesday-Thursday): Arab Aviation Summit (AAS), Al Hamra International Exhibition & Conference Centre, Ras al Khaimah, UAE. 15-19 March (Wednesday-Sunday): Qatar International Agricultural […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Saudi Arabia’s Neom secures USD 8.5 bn in financing for its green hydrogen plant
Good morning, ladies and gents, the news lull is over as we head into the weekend and we have a climate finance heavy issue for you. THE BIG CLIMATE STORY- Saudi Arabia’s Neom Green Hydrogen Company has signed several financing agreements worth a collective USD 8.5 bn to fund the development of its utility-scale green […]
Posted inUncategorized
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Posted inINVESTMENT WATCH
Neom Green Hydrogen Company secures USD 8.5 bn in financing for mega hydrogen plant
Neom secures financing agreements for green hydrogen plant: KSA’s Neom Green Hydrogen Company (NGHC) has signed several financing agreements worth a collective USD 8.5 bn to fund the development of its utility-scale green hydrogen facility, according to a Tadawul disclosure published yesterday. NGHC is a joint venture between Neom, Acwa Power, and US-based gas supplier […]
Posted inCLIMATE FINANCE
Egypt secures a USD 9.13 mn grant from the World Bank for waste management
Egypt is set to receive a USD 9.13 mn grant from the World Bank to tackle the management of e-waste and healthcare waste disposal systems, according to a cabinet statement. The grant — disbursed by the lender's Global Environment Facility — will be used to improve waste management in healthcare and e-waste in a bid […]
Posted inRENEWABLES
Acwa Powers inks an agreement with Kazakhstan for a wind farm + BESS facility
Acwa Power and Kazakhstan work on wind power and BESS: KSA’s Acwa Power signed an agreement with Kazakhstan’s Sovereign Wealth Fund (Samruk-Kazyna) and the Kazakh Energy Ministry to build and manage a 1 GW wind farm and a battery energy storage (BESS) facility, Okaz reports. The timeframe and investment ticket of both projects were not […]
Posted inKUDOS
Masdar earns award for wind project in Uzbekistan
Masdar nabs an award for Uzbekistani project: UAE renewables giant Masdar was awarded the Central Asian Transaction of the Year for 2022 for its 500 MW Zarafshan Wind Project in Uzbekistan at the Project Finance International (PFI) Awards event in London, the company said in a tweet. The project — which is Central Asia’s largest […]
Posted inUncategorized
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Posted inALSO ON OUR RADAR
Iran discovers a treasure trove of lithium reserves
Iranian geologists have discovered the country’s first lithium reserve with an estimated 8.6 mn tons of mineral, Iranian news agency Mehr News reports. If estimates are correct, this would place Iran in the top five lithium producers globally. The discovery potentially signals the existence of other precious metal deposits in the country, the news agency […]