Climate (MENA) 
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What we’re tracking this morning regionally and around the world
Author Archives: enterpriseam admin
Posted inUncategorized
Posted inCOP WATCH - POLICY
UAE commits to cut carbon emissions by 47% by 2035
The UAE aims to reduce power sector’s emissions by 50%
Posted inGREEN FUEL
Egypt gets the ball rolling on USD 530 mn sustainable aviation fuel project
The project aims to produce 120k tons of sustainable aviation fuel and reduce carbon emissions by 400k tons a year
Posted inGREEN FINANCE
EBRD mulling financing for Scatec + Hassan Allam, Acwa projects
When operational, the project will offset 2.4 mn tons of carbon dioxide annually and produce enough power for nearly 1.1 mn households
Posted inRENEWABLES
Acwa’s Uzbekistan solar project lands operation certificate
We have another update on Acwa’s Riverside Solar project: Acwa Power received the Commercial Operation Certificate for Plant 1, a 200 MW solar photovoltaic plant, at its Riverside solar project in Tashkent, Uzbekistan, according to a Saudi exchange disclosure from Thursday. ACWA Power owns a 100% stake in the project. More to come: The project […]
Posted inEARNINGS WATCH
Empower reports lower bottom line in 3Q 2024 + Lucid Motors losses widen
EMPOWER- The Emirates Central Cooling Systems (Empower) saw its net income fall 6% y-o-y to 264.9 mn in 3Q, while it recorded a 5.3% increase in revenue y-o-y for to reach AED 1.1 bn, according to a financial statement (pdf). On a 9M basis, Empower recorded a net income of AED 68.5 mn, up 4.4% […]
Posted inALSO ON OUR RADAR
EBRD to launch climate risk tool with QNB for Egyptian SMEs
Stories on our radar this morning from around the region
Posted inAROUND THE WORLD
Longi pushes ahead despite oversupply woes
The company will build a new solar plant with Yingfa Group