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Dubai-based energy services company Taka Solutions launched a pay-per-use cooling service to cut carbon emissions and AED mns, according to a company statement released last week. The cooling-as-a-service (CaaS) model ensures better efficiency and reliability, and allows users to eliminate the cost of equipment, operational expenses, and liabilities by paying a pre-agreed charge. Taka signed […]
Author Archives: enterpriseam admin
Posted inAROUND THE WORLD
India’s green energy transition will cost USD 10 tn
India’s net-zero pledge for 2070 will require a USD 10 tn investment, the country’s secretary of power told Reuters, without disclosing the plans to mobilize the capital. The country is allocating USD 4.25 bn in 2023’s budget bolster the transition to renewables and low-carbon energy sources, meanwhile India’s top oil and gas producer Indian Oil […]
Posted inON YOUR WAY OUT
It’s climate change, Jim, but not as we know it
Sick of feeling powerless in the face of climate doom and gloom? Try a climate-themed board game: The USD 11 bn board game and puzzle industry has started producing a new genre of climate-themed games, to meet the growing desire by the general public to engage on climate change — while keeping disaster fatigue to […]
Posted inCALENDAR
FEBRUARY 2023 5-7 February (Sunday-Tuesday) G20 Energy Transition Working Group Meeting, Bangalore, India. 4-9 February (Saturday-Thursday) International Association for Energy Economics’ International Conference, Riyadh, Saudi Arabia. 6-8 February (Monday-Wednesday): Saudi International Marine Exhibition and Conference, Riyadh, Saudi Arabia. 7 February (Tuesday): Cairo Forum for Sustainable Maritime Transportation Funds, Cairo, Egypt. 13-15 February (Monday-Wednesday): World Government […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: KSA’s Neom green hydrogen plant gets operating licenses + Mexico wants to be an EV production hub
Good morning, nice people. We have a brisk issue to kick off this week, with lots happening in the green hydrogen and climate diplomacy spaces. THE BIG CLIMATE STORY- What will be the world’s largest green hydrogen facility is now one step closer to becoming reality, after Saudi authorities issued operating licenses for the joint […]
Posted inUncategorized
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Posted inGREEN HYDROGEN
We’re a step closer to seeing the world’s largest green hydrogen facility at Neom
KSA issues operating license for Neom green hydrogen project: Saudi’s Industry and Mineral Resources Ministry has issued an industrial operating license for the Neom Green Hydrogen Company (NGHC) — a JV between Neom, US-based gas supplier Air Products and Saudi Arabia’s Acwa Power, according to a statement last week. The NGHC plant is set to […]
Posted inWIND
Acwa Power’s been busy in Azerbaijan
Acwa Power inks cooperation agreement with Azerbaijan for 1.5 GW wind project: Acwa Power signed a cooperation agreement with Azerbaijan that will see the Tadawul-listed company extend its partnership with the country by setting up a 1.5 GW offshore wind energy project, according to local media outlet Azernews. The two sides signed the agreement during […]
Posted inGREEN HYDROGEN
Oman and KSA to partner on green hydrogen and renewables projects
Oman, KSA sign 13 investment MoUs worth USD 270 mn in multiple sectors — green and otherwise: Public and private sector entities in Saudi Arabia and Oman signed 13 MoUs in multiple sectors — including some that are green business-focused — at the Saudi-Omani Investment Forum, held in Riyadh from Wednesday-Saturday, Muscat Daily notes. The […]
Posted inCLIMATE DIPLOMACY
Spain, Morocco shake hands on renewables agreements + EUR 880 mn credit line
Spain and Morocco signed 19 MoUs, including renewable energy and water management agreements, at the end of Spanish Prime Minister Pedro Sanchez’s two-day visit to Rabat last week, according to Morocco World News. Spain also extended a credit line worth up to EUR 800 mn “to promote investments in sectors such as railways, water, agri-food, […]