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Vestas set to supply turbines for German wind project: Danish wind turbine manufacturing firm Vestas was appointed as preferred wind turbine supplier for the 1.6 GW Nordseecluster wind project in Germany, the company noted in a press release. The project is a joint venture between German energy company RWE and Canadian electricity generation firm Northland […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Can refrigeration save the bees?
Can refrigerated bee banks save climate-affected bee populations? Queen bees held in refrigerated containers may have a better shot at surviving hot summers, a new study in the Journal of Apicultural Research picked up by Bloomberg found. Washington University researchers stored queen bees in temperature-controlled containers — a practice referred to as “queen banking” — […]
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: Four green bonds worth USD 2.2 bn hit the Nasdaq Dubai
Good morning, ladies and gents. Regional climate news continues to crawl at a snail’s pace, but we have a few updates on green finance and decarbonization efforts in the GCC. THE BIG CLIMATE STORY- The Industrial and Commercial Bank of China listed four green bonds worth USD 2.2 bn on Nasdaq Dubai yesterday, saying proceeds […]
Posted inUncategorized
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Posted inCLIMATE FINANCE
UAE-listed green debt gets a boost from China
The Industrial and Commercial Bank of China (ICBC) listed four green bonds worth USD 2.2 bn in total on Nasdaq Dubai yesterday, according to a Wam statement. Proceeds from the bonds will be used “to fund green financing in different jurisdictions and operations,” the statement added, without giving further details. The bonds are denominated in […]
Posted inDECARBONIZATION
High-emissions industries are working to decarbonize — but finance remains a challenge
MENA’s HTA industry leaders are in a race to decarbonize: Decarbonization has emerged onto the radar of the world’s high-emissions industries in a meaningful way — with 50% of recently surveyed business leaders saying they believe achieving net zero is more feasible than just a few years ago, according to a report (pdf) from UAE […]
Posted inGREEN TECH
Can lithium-sulfur batteries cut costs for the global EV industry?
Can lithium-sulfur batteries offer cost-effective measures for EV manufacturing? US-based EV battery manufacturing startup Lyten says lithium-sulfur battery tech would dramatically bring down the cost of electric vehicles as 50% of EV price tags are attributable to hefty battery pack manufacturing costs, Bloomberg reports. How would it work? The affordability of the tech lies in […]
Posted inUncategorized
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Posted inALSO ON OUR RADAR
Ins. companies in the Gulf settle on a new approach to investments
GCC ins. companies will begin a new three-pronged approach to confront climate change, Al Bayan reports. The new strategy will change typical investment approaches and shift from short to long-term investments that can reach 10 years, review the duration of ins. coverage, and engage the ins. sector in innovation and cooperation with those working in […]