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KSA’s sovereign wealth fund is moving ahead with its first green bond offering: Saudi Arabia’s Public Investment Fund (PIF) has hired banks to coordinate its maiden issuance of multi-tranche, USD-denominated green bonds, according to reports out of Riyadh yesterday. Advisers on the bond sale have already started making calls to investors. What we know of […]
Author Archives: enterpriseam admin
Posted inSTARTUP WATCH
New venture fund will focus on climate resilience plays across MENA
MENA, say hello to the Climate Resilience Fund: The Danish-Egyptian ClimateResilience Fund (CRF) launched this week with the aim of investing in agritech and nature-enabled solutions across MENA. The fund’s general partners Hossam Allam (LinkedIn) and Sherief Kesseba (LinkedIn) tell us that climate-focused agritech is at the forefront of the fight against climate change. The […]
Posted inWASTE MANAGEMENT
Sharm El Sheikh gets new waste-management strategy
Beeah, Green Planet snag 10-year contract to revamp Sharm’s waste management: The UAE’s Beeah Group and Egypt’s Green Planet will be upgrading Sharm El Sheikh’s waste management infrastructure over the coming 10 years to ultimately turn it “into a sustainable, smart city of the future,” WAM reported yesterday. The statement did not disclose the size […]
Posted inUncategorized
** SHARE ENTERPRISE CLIMATE WITH A FRIEND ** Don't let your friends to miss out on Enterprise Climate. Point them to our subscription page here so they're up to date on the latest green economy news from MENA. Enterprise Climate is available without charge and delivered straight to your inbox Monday-Thursday at 6am UAE / […]
Posted inOn Our Radar
It’s a sunny day in MENA, as Al Jubail desalination plant decarbonizs and Abu Dhabi connects 2 GW plant to grid
Cable manufacturer Ducab Group will connect the 2 GW Al Dhafra solar plant to the national grid, WAM reported yesterday. The cable manufacturer was awarded an engineering, procurement & contracting (EPC) contract to connect the world’s largest solar plant to the TRANSCO grid — the Abu Dhabi Transmission and Despatch Company. When the Dhafra facility […]
Posted inON YOUR WAY OUT
Burn, baby, burn: Can volcanoes and their geothermal heat potential help ween us off fossil fuels?
More lava, please: Harnessing the geothermal power of volcanoes in Canada could generate enough clean electricity to help the country give up on fossil fuels, senior research scientist with the Geological Survey of Canada Steve Grasby told the Canadian Broadcasting Corporation. Volcanoes such as Mount Meager raise the temperatures of underground water reservoirs to a […]
Posted inCALENDAR
SEPTEMBER 27-29 September (Tuesday-Thursday): Wetex and Dubai Solar Show, UAE. 28-29 September (Wednesday-Thursday): World Green Economy Summit (WGES), UAE. 28-29 September (Wednesday- Thursday): Saudi Maritime Congress, Dhahran Expo, Dammam, Saudi Arabia. 28-30 September (Wednesday-Friday): Ethio Weetex- Water, Energy, Electricity, Renewable (Solar, Wind) Energy, Technology Exhibition, Millennium Hall, Addis Ababa, Ethiopia. OCTOBER 4-5 October (Tuesday- Wednesday): […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: KSA gives USD 10 mn to tackle oil spill tanker + COP26 promises amount to close to nothing + A whole lot of climate events
Good morning, wonderful people. If you’re working in one corner of the MENA renewables industry, are you getting ready to attend one of the many events happening today? THE BIG CLIMATE STORY- The region’s awash in climate investment: Saudi Arabia will be building a USD 378 mn cogeneration plant in partnership with South Korean companies. […]
Posted inUncategorized
** SHARE ENTERPRISE CLIMATE WITH A FRIEND ** Don't let your friends to miss out on Enterprise Climate. Point them to our subscription page here so they're up to date on the latest green economy news from MENA. Enterprise Climate is available without charge and delivered straight to your inbox Monday-Thursday at 6am UAE / […]
Posted inINVESTMENT WATCH
Saudi Arabia will get a 310 MW cogeneration plant in 2025
Doosan Enerbility will build a USD 378 mn cogeneration plant in Saudi Arabia under an agreement with Korea Electric Power Corporation (Kepco). The plant will be in KSA’s Jafurah, east of Riyadh, Doosan said in a press release. The 320 MW plant will be completed in 1H2025 and is expected to produce electricity and 314 […]