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French green and smart mobility group Alstom will establish its MENA office in Riyadh, according to a company statement out yesterday. A few weeks ago, the Saudi Railway Company and Alstom signed an MoU to develop hydrogen-powered train solutions for the kingdom. SIGN OF THE TIMES- Saudi Arabia has said it will require any global […]
Egypt’s “green wall” company Schaduf is bringing hydroponic farms directly to supermarkets, Reuters reported earlier this month. Shoppers can open the fridge and pluck the lettuce themselves, buying lettuce reportedly grown with 90% less water compared to traditional farms. It also reduces carbon emissions from produce transportation. The produce has a longer shelf life, allowing […]
OCTOBER October: Approval of EU draft document pushing countries participating in COP27 to improve their climate change targets. 24-26 October (Monday-Wednesday): International Exhibition of Renewable Energies Clean Energies and Sustainable Development, Centre Des Conventions Mohammed Ben Ahmed, Oran, Algeria. 29 October (Saturday): Deadline to apply for The International Renewable Energy Agency’s Youth Forum in Abu […]
Good morning, wonderful people. It’s another busy MENA climate news day, with green announcements across several sectors and a heated debate on loss and damage financing as COP27 draws ever closer. Let’s jump right in. THE BIG CLIMATE STORY in our neighborhood- We now know more about Empower’s IPO offering next week: The Emirates Central […]
Empower plans to offer 10% of its shares in an IPO: The Emirates Central Cooling Systems Corporation (Empower) is looking to pull the trigger on the initial public offering of a 10% stake on the Dubai Financial Market (DFM) next week, the company said in its intention to float (pdf) yesterday. The district cooling firm […]
MENA waste management gets another push: Egypt and the UAE each added another waste management plant to their roster yesterday. Egypt opened the doors to a solid waste recycling plant… Egypt’s environment and local development ministries inaugurated a USD 165 mn solid waste recycling plant in the country’s Dakahlia governorate, according to a cabinet statement […]
Egypt’s KarmSolar secured a 10-year EGP 47 mn (USD 2.4 mn) loan for a financed solar power purchase agreement (PPA) battery storage system in Egypt from QNB Alahli, KarmSolar CEO Ahmed Zahran told Enterprise Climate. The PPA is part of phase two of KarmSolar’s solar microgrid for the Cairo 3A Poultry Farm in the Bahariya […]
GCF earmarks EUR 220 mn to bolster energy efficiency in buildings globally — and Morocco and Tunisia are included: The Global Climate Fund (GCF) board approved EUR 220 mn in loans and grants to fund energy efficiency in buildings, some of which will be geared towards Morocco and Tunisia, according to a French Development Agency […]
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