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Posted inALSO ON OUR RADAR

The UAE has big green hydrogen ambitions + OCP Group gets two new green(er) subsidiaries in Morocco

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 […]

Posted inON YOUR WAY OUT

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 […]

Posted inCALENDAR

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: […]

Posted inWHAT WE’RE TRACKING TODAY

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 […]

Posted inCLIMATE FINANCE

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 […]

Posted inM&A WATCH

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 […]

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