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UK energy company Chariot Limited and Paris-based renewable energy producer Total Eren are starting feasibility studies on a 10 GW green hydrogen project in Mauritania, according to ajoint company statement. The Chariot-Total Eren feasibility study for the USD 3.5 bn plant dubbed Nour should be completed in 24 months. Chariot and Total Eren will each […]
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Project update: Tunisia speaks to AfDB, IFC for solar plant financing
Tunisia hopes to secure USD 100 mn in financing for 100 MW solar plant by November: Tunisia’s Energy Ministry is in talks with the African Development Bank (AfDB) and International Finance Corporation (IFC) to reach financial close by November on its USD 100 mn Kairouan solar plant, according to a ministry statement. What do we […]
Posted inUncategorized
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Posted inALSO ON OUR RADAR
DEWA lands four bids for Maktoum solar park advisory
Amman-based Jordan Ahli Bank (JAB) is partnering with environmental consultancy firm Sol Environment to produce biodegradable paper bags, according to a statement picked up by Zawya. In a bid to get rid of single-use plastics, the cooperation aims to produce biodegradable paper bags and distribute them to shops gratis. OTHER STORIES WORTH KNOWING ABOUT THIS […]
Posted inAROUND THE WORLD
China’s net zero bill will cost USD 19 tn + Hydropower in Malawi
China’s 2060 net-zero climate targets will cost almost USD 19 tn, China’s special envoy for climate change Xie Zhenhua said at a conference last week, according to the country’s National Business Daily. The country is planning to hit peak emissions by 2030 and then reach net-zero by 2060. “It is not easy to reach peak […]
Posted inON YOUR WAY OUT
Trump on EVs: Please get rid of this stuff
Sleepy Joe, the FBI, and now EVs are on Trump’s [redacted] list: Donald Trump took a stab at electric vehicles (EVs) in a campaign rally speech to endorse a Republican Senate nominee in Pennsylvania last week (watch, runtime: 1:29). The nonsensical rant — typical of the former Apprentice host (and one-time US president) — referred […]
Posted inCALENDAR
SEPTEMBER 15 September (Thursday) UN’s Arab Regional Forum on Climate Finance, United Nations House in Beirut, Lebanon. 20 September (Tuesday) UN Regional Economic Committee for Europe, Geneva, Switzerland. 27-29 September (Tuesday-Thursday): WETEX & Dubai Solar Show, UAE. 28-29 September (Wednesday-Thursday): 8th World Green Economy Summit (WGES), UAE. 28-29 September (Wednesday-Thursday): Hydrogen Africa Conference & Expo, […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Is Europe reversing course on climate gains? + Egypt could sign EV assembly contracts next month. ALSO- Kerry in Egypt this week ahead of COP27
Good morning, nice people. From a new platform to trade plastic waste, EV assembly in Egypt, and the latest signal that MENA businesses want governments to get serious about climate legislation, it’s a brisk news day in our corner of the world. THE BIG CLIMATE STORY is a mixed bag today: Omani investors are buying […]
Posted inM&A WATCH
Omani investors are adding to their carbon footprint with a USD 1.5 bn transaction
A group of Omani investors will acquire 100% of Sembcorp Industries’ Indian unit as the Singaporean utilities company looks to dispose of some of its high-emission assets and transition to renewables. The consortium, led by Omani private equity player Oman Investment Corporation (OIC), has signed an agreement to buy Sembcorp Energy India Limited’s (SEIL) for […]
Posted inWATER
Metito and friends bag a significant project
Metito-led consortium signs USD 1.5 bn PPP contract for sewage treatment plant: Qatar’s Public Works Authority (Ashghal) signed a QAR 5.4 bn (c. USD 1.5 bn) public private partnership (PPP) contract with a consortium led by UAE-based water management company Metito Utilities to build a sewage treatment plant near Mesaieed industrial city, Ashghal said in […]