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KSA’s PIF snaps up more European renewables: Saudi Arabia’s Public Investment Fund (PIF) is acquiring up to 9.5% in Germany’s offshore wind developer and operator Skyborn Renewables, according to a statement. The value of the transaction was not disclosed. PIF isn’t the only sovereign wealth fund involved with the German company: UAE’s sovereign wealth fund […]
Author Archives: enterpriseam admin
Posted inSOLAR
UAE and Kyrgyzstan agree to start construction on 200 MW solar plant
The UAE and Kyrgyzstan signed an agreement to start constructing the first phase of a 200 MW solar plant in the Central Asian country, state news agency Wam reports. No details about the project’s investment size or involved parties were given. The signing came among a slew of agreements between the two countries in various […]
Posted inHYDROGEN
Air Products is bringing clean hydrogen to ground services at KSA’s Dammam Airport
Saudi Ground Services is getting clean hydrogen: Air ProductsQudra — the development and investment company of Air Products in the Middle East — inked an agreement to supply clean hydrogen for Saudi Ground Services to fuel ground handling services in Dammam Airport, according to a statement released this week. The details: The partnership will see […]
Posted inUncategorized
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Posted inON YOUR WAY OUT
National border walls are bad news for wildlife, too
Like the Berlin Wall, but for wildlife: Animal families are being split up thanks to a 185 km wall border recently constructed between Poland and Belarus to keep refugees out, BBC reports. The wall cuts through a forest and has halted migrating wildlife from taking their path. The European Commission in Brussels had tried to […]
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: Adani is coming for MENA’s hydrogen + India’s 62-meter waste landfill
Good morning, wonderful people. It’s a relatively quiet day on the climate news front in MENA, but we’re happy we’re getting some World Cup action again tonight after a two-day hiatus, with Argentina and Croatia kicking off the semi-final round at 11pm Dubai time. THE BIG CLIMATE STORY- Saudi Arabia’s 2023 budget goes big on […]
Posted inUncategorized
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Posted inPOLICY
The climate chunk of Saudi Arabia’s 2023 budget
Saudi Arabia’s 2023 budget goes big on renewables: KSA is planning to develop 10 renewable energy projects to generate a combined 7 GW, according to the country’s approved 2023 budget (pdf). No details were given about the individual projects or the types of renewable energy. The planned projects are part of the SAR 72 bn […]
Posted inCLIMATE FINANCE
More green financing heading Morocco’s way, to boost SME-focused climate investment
Morocco secures loan to support climate-focused SMEs: The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing a loan of up to EUR 25 mn to Morocco’s Banque Centrale Populaire (BCP) for on-lending to private sector entities — particularly SMEs — working on climate change mitigation and adaptation, according […]