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Acwa Power inks PPAs for Uzbekistan wind farm: Tadawul-listed Acwa Power signed power purchase and investment agreements with the National Electric Grid of Uzbekistan for a 1.5 GW wind energy farm, according to a statement released last week. The mega project — said to be Central Asia’s largest — will have a price tag of […]
Author Archives: enterpriseam admin
Posted inAmmonia
Oman’s OQ explores carbon capture to greenify ammonia production
Oman explores low-carbon ammonia generation: Omani state-owned energy investment company OQ signed an agreement with the Oman India Fertiliser Company (Omifco) to explore including carbon capture tech at its Sur ammonia-urea fertilizer production plant, Oman Daily Observer quotes Vice President of Low Carbon Molecules at OQ Ghalib Al Maamari as saying. The plant produces 3.5 […]
Posted inCLIMATE DIPLOMACY
Saudi Arabia inks agreements for renewable energy generation, EVs
KSA signs cooperation agreements with Japan, Turkey and Korea: Saudi Arabia signed a cooperation agreement with Japan in the fields of green hydrogen and clean ammonia generation last week, according to a statement. The agreement will build on the country’s renewables generation capacity to boost green hydrogen production and export potential, the Ministry said on […]
Posted inUncategorized
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Posted inALSO ON OUR RADAR
Saudi Power Procurement Company re-tenders gas-fired projects to include carbon capture
Saudi Power Procurement Company is re-tendering power projects to add carbon capture capacity: State-owned Saudi Power Procurement Company (SPCC) intends to re-tender two independent gas-fired combined-cycle power projects to provide both with carbon capture and sequestration capacity, the company noted last week. Under the re-tendering process, the projects will be split into four smaller combined […]
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: Africa could produce 50 Mt of green hydrogen by 2035 + Coal consumption is on the rise
Good morning, wonderful people. Are you hearing the crickets as some 2.3 bn people around the world put their out-of-office responder on to get ready to celebrate Christmas and ring in the new year? We’re taking your cue and will be on a one-week hiatus to take in the festivities. Expect us back in your […]
Posted inUncategorized
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Posted inM&A WATCH
Saudi PIF confirms acquisition of a 30% stake in Saudi Tabreed
PIF acquires 30% stake in cooling company Saudi Tabreed: Saudi Arabia’s sovereign wealth fund the Public Investment Fund (PIF) acquired a 30% stake in Saudi Tabreed through a private placement, according to a regulatory filing (pdf) to the Dubai Financial Market (DFM) yesterday. Saudi Tabreed is the Saudi arm of DFM-listed National Central Cooling Company […]
Posted inSOLAR
Total ups its renewables activity in Saudi Arabia through solar projects
France’s Total and KSA’s Zahid launch solar project in Saudi Arabia: Saudi Total Petroleum Products (STPP) will begin installing a rooftop solar system on its lubricants blending plant in the King Abdullah Economic City (KAEC) Industrial Valley to provide around 50% of the the plant’s annual electricity consumption, Arab News reports. The details: The solar […]