{"id":76481,"date":"2023-03-14T06:13:28","date_gmt":"2023-03-14T06:13:28","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/"},"modified":"2023-03-14T06:13:28","modified_gmt":"2023-03-14T06:13:28","slug":"aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/","title":{"rendered":"Aluminium Bahrain secures green financing for 6 MW solar power project"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Aluminium Bahrain secures green financing for solar:<\/strong> Bahrain-based aluminum smelter Aluminium Bahrain secured a BD 1.6 mn (USD 4.2 mn) green loan from the Bank of Bahrain and Kuwait to finance its planned 6 MW solar project, <a href=\"https:\/\/www.zawya.com\/en\/business\/energy\/bahrain-alba-secures-bbks-sustainability-financing-for-solar-farm-rhecvbs7\">Zawya<\/a> reports. The project \u2014 which will span nearly 37k square meters \u2014 will see Aluminium Bahrain install some 11.3k solar panels atop its car parks, buildings, and treatment plants.<\/p>\n<p><strong>KSA launches incubator for emerging mining explorers:<\/strong> Saudi Arabia\u2019s Industry and Mineral Resources Ministry has launched the Nuthree incubator to support students, researchers, and SMEs working in the mining sector, according to a <a href=\"https:\/\/www.spa.gov.sa\/viewfullstory.php?lang=en&newsid=2433348\">statement<\/a>. The initiative aims to facilitate knowledge exchange between established companies and startups, provides resources for geological data, and workshops in the fields of earth sciences. Nuthree will also support companies and individuals in obtaining a mining exploration license.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Egypt\u2019s <\/strong><strong><a href=\"https:\/\/www.shift-ev.com\/\">Shift EV<\/a><\/strong> is set to convert <strong><a href=\"https:\/\/www.electroluxgroup.com\/en\">Electrolux Group<\/a><\/strong><strong>\u2019s vehicles<\/strong> into a more sustainable fleet of electric vehicles as a part of the group\u2019s strategy to <strong>lower emissions<\/strong>. Trials to convert larger trucks with a capacity of 2 tons are set to begin by the end of 4Q 2023. (<a href=\"https:\/\/www.zawya.com\/ar\/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%8A%D8%A9\/%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA\/shift-ev-dzoblcsq\">Statement<\/a>)<\/li>\n<li><strong>Oman\u2019s Transport Ministry<\/strong> launched the first combined <strong>diesel-hydrogen <\/strong><strong>combustion truck<\/strong> in the sultanate in collaboration with Blue Eyes, a local R&D company. The new design is expected to reduce emissions of CO2 by 40% by August 2023. (<a href=\"https:\/\/timesofoman.com\/article\/128095-first-truck-with-dual-fuel-hydrogen-diesel-combustion-launched-in-oman\">Times of Oman<\/a>)<\/li>\n<li><strong>Egypt\u2019s Hassan Allam Utilities<\/strong> is forming a JV with Kuwaiti supply chain company <strong>Agility <\/strong>to build<strong> green logistics parks in Egypt<\/strong>. (<a href=\"https:\/\/ent.news\/2023\/3\/Yanmu-release-English.v4.docx.pdf\">Statement<\/a>)<\/li>\n<li><strong>Peugeot <\/strong>will supply <strong>DHL Middle East<\/strong> with a fleet of light commercial <strong>electric <\/strong><strong>vehicles<\/strong>. Both companies will roll out the net-zero cars in the <strong>UAE<\/strong>, before expanding into other MENA countries including <strong>Bahrain, Jordan, Saudi Arabia, and Kuwait<\/strong>. (<a href=\"https:\/\/www.linkedin.com\/posts\/peugeotme_peugeot-middle-east-launches-the-regions-activity-7040981611089145856-4m4I?utm_source=share&utm_medium=member_desktop\">Statement<\/a>) <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Aluminium Bahrain secures green financing for solar: Bahrain-based aluminum smelter Aluminium Bahrain secured a BD 1.6 mn (USD 4.2 mn) green loan from the Bank of Bahrain and Kuwait to finance its planned 6 MW solar project, Zawya reports. The project \u2014 which will span nearly 37k square meters \u2014 will see Aluminium Bahrain install [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":76482,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[66,1510,82,11,64,164,93,1509,88,159,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-76481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-and-kuwait","tag-bahrain","tag-enterpriseclimate","tag-evs","tag-green-finance","tag-jordan","tag-peugeot","tag-renewables","tag-saudi-arabia","tag-uae","wpautop","entry"],"acf":{"mongo_id":"360b0d1a-9020-4898-8733-948c54851ea5","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/787.jpg","photo_position":"above","related_issue":[76465],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Aluminium Bahrain secures green financing for 6 MW solar power project - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aluminium Bahrain secures green financing for 6 MW solar power project\" \/>\n<meta property=\"og:description\" content=\"Aluminium Bahrain secures green financing for solar: Bahrain-based aluminum smelter Aluminium Bahrain secured a BD 1.6 mn (USD 4.2 mn) green loan from the Bank of Bahrain and Kuwait to finance its planned 6 MW solar project, Zawya reports. The project \u2014 which will span nearly 37k square meters \u2014 will see Aluminium Bahrain install [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-14T06:13:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/787.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Aluminium Bahrain secures green financing for 6 MW solar power project\",\"datePublished\":\"2023-03-14T06:13:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/\"},\"wordCount\":305,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/787.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"and Kuwait\",\"Bahrain\",\"EnterpriseClimate\",\"EVs\",\"green finance\",\"Jordan\",\"Peugeot\",\"renewables\",\"Saudi Arabia\",\"UAE\"],\"articleSection\":[\"ALSO ON OUR RADAR\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2023\/03\/14\/aluminium-bahrain-secures-green-financing-for-6-mw-solar-power-project\/\",\"name\":\"Aluminium Bahrain secures green financing for 6 MW solar power project - 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