Climate (MENA) 
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MENA <> India Corridors 
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What key climate finance trends and developments should we be keeping an eye on in 2023? Climate finance was a major focal point of 2022 with three particular trends coming to the forefront in the MENA region: More issuances of green bonds and sukuks, the growth of carbon markets, and increasingly heated discussions about compensation […]
Author Archives: enterpriseam admin
Posted inDECENTRALIZED POWER
Is MENA gearing up for more decentralization in a renewables push?
Can decentralization of renewable energy accelerate decarbonization efforts? The Middle East sourced more than 350 MW of energy from off-grid renewables sources such as decentralized solar installations in 2021, according to the 2022 International Energy Agency (IEA) off-grid statistics report (pdf). Some 775 mn people globally won’t have access to electricity in 2022 due to […]
Posted inALSO ON OUR RADAR
Kuwait Oil Company explores wind power energy generation + Bahrain accepts several bids for multi-site solar project
Kuwait Oil Company explores wind power at Ratqa oil field: The Kuwait Oil Company (KOC) sent out requests for proposals to five companies for the installation of a wind turbine at its Ratqa oil field, Al Arabiya reports. The generational capacity will range between 3.4-3.6 MW. Companies included Elecnor, Vestas Mediterranean, Vensys Energy AG, Power […]
Posted inON YOUR WAY OUT
Egyptian scientist uses sewage water to generate electricity
Turning polluted water into electricity: An Egyptian professor has invented a microbial fuel cell (MFC) able to purify wastewater and generate electricity, Attaqa reports. Nasser Ali Barakat has created a small microbial cell using a three-dimensional electrode of ultrafine carbon fibers proven to be effective in producing electricity using microbes from polluted water sources like […]
Posted inCALENDAR
JANUARY 2023 10-12 January (Tuesday-Thursday): The Future Minerals Forum, Riyadh, Saudi Arabia. 12 January (Thursday): Business Transition to Net-Zero – the Path Towards a Successful Low-Carbon Future Forum, Bahrain. 13 January (Friday): The International Renewable Energy Agency’s Youth Forum, Abu Dhabi, UAE. 14-21 January (Saturday-Saturday): Abu Dhabi Sustainability Week, Abu Dhabi, UAE. 14-15 (Saturday-Sunday): Global […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Qatar’s QIA lands first green loan + Yemen secures 120 MW solar plant
Good morning, friends, and welcome to the first work week of 2023. We have a packed issue with all regional updates from the past 10 days, so let’s jump right in. THE BIG CLIMATE STORY- Qatar’s sovereign wealth fund QIA has landed their first green loan worth USD 5 bn to put towards green investments, […]
Posted inUncategorized
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Posted inCLIMATE FINANCE
Qatar Investment Authority lands USD 5 bn loan for green investments
QIA secures first green loan worth USD 5 bn: Qatar’s sovereign wealth fund the Qatar Investment Authority (QIA) raised some USD 5 bn from global debt markets in December to finance green investments, Al Arabiya reported last week, citing unnamed sources. The funds were raised by QIA subsidiary the Qatar Holding Company as part of […]
Posted inSOLAR
Yemen lands largest solar plant project to date
Yemen will get its largest solar plant, courtesy of Masdar: UAE-based renewables company Masdar signed an agreement with Yemen’s Southern Transitional Council (STC) for the development of a 120 MW solar project in Aden, according to a statement. Both parties will work on the construction of transmission networks and transformer stations, the statement notes. The […]
Posted inWASTE MANAGEMENT
Egypt inaugurates its first trigeneration waste-to-energy plant
Egypt brings online its first trigeneration waste-to-energy facility: Egypt-based energy industry contractor Korra Energi inaugurated a waste-to-energy plant to repurpose the waste generated by Korra’s power plant and its flare gas projects in the Abu Rawash industrial complex to generate power, according to a statement release last week. The financials of the trigeneration project were […]