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Author Archives: enterpriseam admin
KSA explores mining regulation ahead of minerals push + Sabic inks agreement for ammonia production tech + UAE, Japan ink several renewables MoUs
Is KSA lining up mining regulation ahead of the minerals push? Saudi Arabia’s Industry and Mineral Resources Ministry recently signed an MoU with the country’s Diriyah Gate Development Authority (DGDA) — a government agency focused on the ecological preservation and cultural development of the Diriyah Gate area north-west of Riyadh — to regulate the country’s […]
Old school Toyota cars make a comeback with a carbon-neutral revamp
Toyota electrifies cars from the 80s: Japanese automaker Toyota Motor has unveiled retrofitted versions of their 1980s AE86 sports car models powered by electric and hydrogen engines (watch, runtime: 9:47). The two retrofitted models that Toyota will roll out — the AE 86 Trueno which has a hydrogen engine and the Levin EV — are […]
JANUARY 2023 14-21 January (Saturday-Saturday): Abu Dhabi Sustainability Week, Abu Dhabi, UAE. 22-24 January (Sunday-Tuesday): Energy & Sustainability Forum, Manama, Bahrain. January 2023: Bid submission deadline for green hydrogen projects to Hydrogen Oman (Hydrom). FEBRUARY 2023 6-8 February (Monday-Wednesday): Saudi International Marine Exhibition and Conference, Riyadh, Saudi Arabia. 4-9 February (Saturday- Wednesday) International Association for […]
TODAY: South Korea will get USD 30 bn worth of investments from UAE + New details on UAE, US PACE agreements and funding
Good morning, wonderful people, we have a slew of updates from all over the region today — and it’s only Tuesday. Let’s dive in. THE BIG CLIMATE STORIES- More big ticket details have emerged from South Korea’s blockbuster inaugural state visit. The UAE will direct USD 30 bn towards renewables projects and other sectors in […]
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UAE is directing USD 30 bn worth of investments towards South Korea
More details on UAE and Korea’s renewables plans: The UAE and South Korea are forging closer links when it comes to collaboration on clean energy and climate-friendly, with news about a host of agreements announced during South Korean President Yoon Suk Yeol’s four-day visit to Abu Dhabi, which kicked off on Sunday. Mubadala is spearheading […]
UAE, US earmark USD 20 bn for US-based renewables projects by 2035
We have details on upcoming UAE, US PACE investments: The UAE and US are allocating USD 20 bn to fund 15 GW of new clean energy projects in the US before 2035, according to a Wam statement. This will be the first wave of investments to take place under the USD 100 bn partnership to […]
Egypt’s Elsewedy Electric to build 300 MW solar station in Saudi Arabia
Egypt’s Elsewedy Electric is upping its solar energy game: Elsewedy Electric for Transmission and Distribution — a subsidiary of Elsewedy Electric — signed a USD 176.1 mn turnkey contract to build a 300 MW solar power station for Saudi Arabia’s Al Ghazala Energy company, according to a company statement (pdf). Elsewedy will design, supply, and […]
Saudi cabinet approves long-awaited clean energy partnership with US
Saudi greenlights KSA-US energy partnership: The Saudi Arabian cabinet has approved the long-awaited “Partnership Framework for Clean Energy Development” between the United States and KSA, the Saudi Gazette reports. The agreement is based on a 2017 MoU (pdf) between the Kingdom’s Energy Ministry and the US Department of Energy agreeing to collaborate in renewable energy […]