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Author Archives: enterpriseam admin
Posted inCLIMATE FINANCE
Amea Power secures over USD 1 bn in funding for Egypt’s renewables projects
Amea Power locks in funding for 1 GW renewables projects in Egypt: The UAE’s Al Nowais subsidiary Amea Power secured USD 1.1 bn in debt and equity funding for a 560 MW solar plant and 505 MW wind farm in Egypt, according to statements from Egypt’s cabinet and the IFC (pdf). Construction of the facilities […]
Posted inNewsmakers
A post-COP27 analysis with Egypt’s climate czar Mahmoud Mohieldin
Where we stand with climate finance after COP27: The dust has settled after an eventful COP27 that ended with the agreement to create a landmark loss and damage fund. In the run-up to the summit, Egypt’s UN high-level climate champion Mahmoud Mohieldin (LinkedIn) led calls for developed economies to step up funding for adaptation and […]
Posted inKUDOS
MENA has been good this past week, at least climate-wise
There’s quite a few rounds of applause due today: MEED Projects Awards 2022 and Mashreq named ICD Brookfield Place the project of the year, MEED announced this week. The building is located in the UAE’s Dubai International Financial Center and is LEED Platinum certified. Only 24% of Bee’ah’s waste ends up in landfills, with the […]
Posted inUncategorized
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Posted inCALENDAR
DECEMBER 6 December (Tuesday): Enterprise Climate X Forum, Cairo, Egypt. 6-8 December (Tuesday-Thursday): World Circular Economy Forum WCEF2022, Kigali, Rwanda. 7 December (Wednesday): The Big 5 Global Construction Impact Summit, Dubai World Trade Center, Dubai, UAE. 13-14 December (Tuesday-Wednesday): Seminar on EU standards for agri-food products for the Gulf Cooperation Council countries, Grand Millennium Business […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Acwa Power continues its Asian expansion + Saudi Aramco and Sabic Agri-Nutrients ship first commercial load of blue ammonia to South Korea
Good morning, wonderful people, and happy last day of November. We’re inching closer to the weekend, but Saudi Arabia has already crossed the proverbial finish line for shipping out the world’s first commercial load of blue ammonia, which is on its way to South Korea. ALSO- Saudi’s Creer is one step closer to their new […]
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Posted inBLUE AMMONIA
Saudi send world’s first shipment of blue ammonia to South Korea
Saudi blue ammonia is en route to South Korea: Saudi Aramco and Sabic Agri-Nutrients shipped the world’s first commercial load of blue ammonia to South Korea, Zawya reports. The companies shipped 25k tons of low-carbon blue ammonia to Lotte Fine Chemical (LFC), with the shipment expected to arrive between 9 and 13 December. It’s not […]
Posted inSOLAR
Acwa Power moves forward with Asia expansion plans
Tadawul-listed Acwa Power is continuing its Asian expansion with a 1 GW solar project in Bangladesh, signing a non-binding MoU with the Bangladesh Power Development Board (BPDB) to develop the plant, the Financial Express reports. Acwa has not made public any financial details or a timeline. What we know: Acwa Power will bring the technical […]