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Egypt has awarded a golden license for a USD 5.5 bn green ammonia plant in Ain Sokhna, the country’s cabinet said in a statement following its weekly meeting yesterday. The plant will have an annual production capacity of 1 mn tons and will create 10.6k jobs during the construction and operation phases, according to the […]
Author Archives: enterpriseam admin
Posted inSOLAR
South Africa awards Amea Power 120 MW solar project
Amea Power expands into South Africa: UAE’s Amea Power will build a USD 120 mn, 120 MW Doornhoek solar energy plant in South Africa, the company announced in a statement yesterday. This is the Emirati company’s first project in the country. The details: The solar plant will generate over 325 GWh of clean energy, offsetting […]
Posted inFLARE GAS
Another boost for flare-gas-to-energy in Iraq
Basrah Gas Company (BGC) is investing USD 87.5 mn to collect an additional 80 mn standard cubic feet per day (mmscf/d) of flared gas from Iraq’s Zubair oilfield, Iraqi News reports. The additional gas will be collected by adding five new compressors to the Hammar Mishref compressor station, it added. BGC is a joint venture […]
Posted inUncategorized
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Posted inALSO ON OUR RADAR
Jordan opens a new water treatment plant + Aramco and AspenTech want to boost carbon capture
Iraq needs some USD 233 bn additional investment by 2040 to put it “on a green growth path,” the World Bank said in a report(pdf). The country must diversify its oil-reliant economy in the face of climate change-driven challenges including water shortages, pollution and desertification, the institution said. Although Iraq is financially capable of addressing […]
Posted inON YOUR WAY OUT
The UN wants to help make life a little better for Abu Dhabi’s dugongs
Abu Dhabi marine restoration project selected as a flagship project at COP15: An Abu Dhabi marine restoration project has been selected by the UN as one of 10 World Restoration Flagships, according to a statement. The project aims to restore beds of seagrass, coral reefs and mangroves along the Gulf coast to boost coastal resilience, […]
Posted inCALENDAR
DECEMBER 7-19 December (Wednesday-Monday): The UN’s 15th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP15), Montreal, Canada. 13-14 December (Tuesday-Wednesday): Seminar on EU standards for agri-food products for the Gulf Cooperation Council countries, Grand Millennium Business Bay Hotel, Dubai, UAE. 13-15 December (Tuesday-Thursday): International Renewable Energy Congress, Hammamet, Tunisia. […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: KSA’s Public Investment Fund acquires a 9.5% stake in Germany’s Skyborn Renewables + UAE will build a 200 MW solar plant in Kyrgyzstan
Good morning, friends. We’re rolling into the weekend and the news cycle appears to be slowing down as folks get ready for the festive season. We hope everyone is getting amped for an adrenaline-pumping night of football as Morocco’s Atlas Lions face off against France at 11pm Dubai time. We’ll be glued to our screens […]
Posted inUncategorized
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Posted inENTERPRISE CLIMATE X FORUM
Shift EV and Algebra Ventures on how to build a USD bn climate business
Shift EV and Algebra Ventures on how to build a successful green business: We sat down with Algebra Ventures Managing Partner Karim Hussein (LinkedIn) and Shift EV CEO Aly El Tayeb (LinkedIn) at the Enterprise Climate X Forum last week for a deep dive into how some successful climate-friendly business are proof of concept for […]