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India’s electric scooter startup Ola Electric Mobility will build the world’s largest electric vehicle (EV) hub worth USD 920 mn in the Tamil Nadu state, Bloomberg reports. The company intends for the mega hub to localize its supply chain and manufacture cars and battery cells, as well as house vendors and suppliers. Plans to mass […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Could climate change kill the traditional perfume making industry?
Climate change is threatening French perfumiers: The French town Grasse is experiencing extreme weather patterns that are threatening the harvest of flowers essential for the 400 year-old tradition of perfume making, the Guardian reports. Drought, excessive rainfall, and higher temperatures have created challenging conditions for growing flowers, and some producers lost nearly half of their […]
Posted inCALENDAR
FEBRUARY 2023 27-28 February (Monday-Tuesday): The Annual Gulf Ins. Forum, Dubai, UAE. MARCH 2023 7-9 March (Tuesday-Thursday: Middle East Energy Exhibition, Dubai World Trade Center, Dubai, UAE. 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 and Environmental Exhibition, Doha, […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: One of Morocco’s key silver mines is set to be powered by renewable energy
Good morning, wonderful people. We have a light issue to ease you into the beginning of a new week. Two of the bigger stories this morning come to us from Morocco, where one of the country’s largest silver mines just signed a 20-year agreement to purchase renewable energy, and the EBRD is helping a major […]
Posted inUncategorized
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Posted inRENEWABLES
A key Moroccan silver mine will soon be powered primarily by wind energy
Moroccan renewables outfit Nareva to power one of the country’s largest silver mines: Moroccan mining firm Zgounder Millennium Silver Mining — a subsidiary of Canada-based miner Aya Gold & Silver — has signed a 20-year power purchase agreement (PPA) with Énergie Éolienne du Maroc (EEM) — a subsidiary of Moroccan energy firm Nareva — to […]
Posted inGREEN FINANCE
EBRD backs Moroccan packaging company in a bid to boost green initiatives
Moroccan packaging firm to use more environmentally-friendly plastics with EBRD money: The European Bank for Reconstruction and Development (EBRD) is extending a EUR 15 mn loan to help Moroccan packaging manufacturer Multisac lower its carbon footprint, the lender said in a statement last week. Multisac produces woven bags made from polypropylene and is the leading […]
Posted inDECARBONIZATION
Energean, Shell to explore carbon capture and storage in Egypt
Energean, Shell to explore carbon capture + storage in Egypt: London-headquartered hydrocarbon exploration and production outfit Energean has signed an MoU with Shell Egypt to study a proposed carbon capture and storage (CCS) project in Egypt, according to a statement (pdf) released on Thursday. The details: The two companies will conduct a study to capture […]
Posted inFROM THE CLIMATE STORE
Hydrogen-powered drones set to debut in Abu Dhabi this week
Israel’s Hevendrones says it will debut its hydrogen-powered drone the H2D55 during this week, the National reports. The drone can be used for defense, last-mile deliveries, and agricultural applications — including artificial pollination and pesticide control, according to the company website. Hydrogen vs. electric: The H2D55 can fly for 100 minutes with a 7kg load […]
Posted inUncategorized
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