The UAE has big green hydrogen ambitions: The UAE is eyeing 25% of global low-carbon hydrogen export markets and has seven projects in the pipeline, Asharq Green cites UAE Energy Minister Suhail Al Mazroui as saying. The UAE is looking to build large-scale hydrogen and ammonia production facilities and establish itself as a leading provider […]
Author Archives: enterpriseam admin
Solarizing Morocco’s road sweepers
Who said you can’t reduce waste while enjoying some tunes? Moroccan developer Driss Ait El Haj rolled out a USD 3.5k road sweeping solar-powered vehicle in the southern Moroccan city of Ouarzazate, complete with bluetooth speakers to allow refuse collectors to enjoy music while they’re on the job, Morocco World News reported last week. The […]
OCTOBER 31 October (Monday): Deadline for proposals for Jordan’s USD 2 bn Aqaba-Amman desalination project. 31 October-3 November (Monday-Thursday): ADIPEC, Abu Dhabi National Exhibition Centre, Abu Dhabi, UAE. Last week of October: Expected kick-off of UAE’s Emirates Central Cooling Systems Corporation (Empower) IPO. NOVEMBER November: Sustainability Forum Middle East is taking place in Bahrain. November: […]
TODAY: Shipping vessels could get compensation for clean fuel + COP27 President isn’t worried about finance backtracking
Good morning, wonderful people. The region is bustling yesterday with climate news emerging from Davos in the Desert — as we prefer to think of the Future Investment Initiative, or FII — in Riyadh — but no worries, we have all the details in the news well below. The gathering wraps today. THE BIG CLIMATE […]
This publication is proudly sponsored by
All the green hype at Davos in the Desert
Saudi Aramco launched a USD 1.5 bn sustainability fund at the FutureInvestment Initiative (FII), the company said in a statement yesterday. The fund, managed by Aramco Ventures, will invest in technology needed to support the green energy transition as part of its bid hit net zero by 2050. It will target global investments, initially focusing […]
GCC can’t stop, won’t stop
Abdul Latif Jameel Energy’s FRV acquires two battery storage projects in the UK: Spain-headquartered Fotowatio Renewable Ventures (FRV) has acquired two battery energy storage (BESS) projects in the UK with a combined capacity of up to 100 MW, it said in a statement yesterday. FRV — a subsidiary of Saudi solar PV developer Abdul Latif […]
Egypt’s Infinity has its sight set on new wind and EV projects
Egypt-headquartered renewables giant Infinity Power eyes USD 300 mn wind farm: Infinity Power, a JV between Egypt’s Infinity and UAE’s Masdar, has its sights set on developing a 200 MW wind farm in the Gulf of Suez, head of wind energy at Infinity Egypt Omar Nagi told Enterprise Climate at a workshop yesterday. The project […]
Bank of Africa secures EUR 13 mn to strengthen green investment in Morocco
Morocco lands green loans for SME on-lending: Bank of Africa - BMCE Group (BOA) has secured EUR 13 mn in loans from the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) to support Morocco’s green transition, according to an EBRD press release. The multilateral lender will provide EUR 9.75 mn […]
Saudi Arabia and Yemen are the Arab World’s SDG reporting leaders
KUDOS- UN commends Saudi Arabia + Yemen for their SDG reports: Saudi Arabia was recognized as the country with the best UN country results report among Arab states, while Yemen secured the accolade for the best UN country results report in a challenging setting, according to a UN statement. The World Sustainability Organization’s sustainable seafood […]