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A raft of renewable energy project updates from Saudi
EDF will develop two solar parks totaling 1.4 GW, TotalEnergies signed a 25-year PPA with the SPPC for the 300…
Aramco finalizes acquiring a minority stake in Horse Powertrain
The transaction assigned Horse a EUR 7.4 bn enterprise value and would see Renault and Geely each retain a 45%…
Hydrogen, mining, and solar updates from Saudi, Oman, and Morocco
Stories on our radar this morning from around the region
TODAY: QNB issues Turkey’s first blue bond + KSA shortlists bidders for solar projects
What we’re tracking this morning regionally and around the world
Fossil fuel companies are normalizing their impact through sportswashing
The industry’s sponsorship of sports aims to normalize their activities and divert attention from their role in the climate crisis.
Aramco funnels USD 100 mn towards KAUST research and development for 10 years
The funds will go towards researching low-carbon aviation fuels, hydrogen, carbon capture and storage, renewables, and energy storage
Aramco is acquiring 50% stake of Air Products Qudra’s blue hydrogen unit
Aramco can offtake hydrogen and nitrogen as part of the transaction
FEED scope complete for world’s largest carbon capture hub in Saudi
The project will store up to 9 mn tons of carbon dioxide annually
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