{"id":77944,"date":"2023-06-12T01:00:50","date_gmt":"2023-06-12T01:00:50","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/06\/12\/uaes-silal-inks-agreement-for-solar-powered-irrigation-and-the-uae-ramps-up-action-on-nuclear-power-and-carbon-markets\/"},"modified":"2023-06-12T01:00:50","modified_gmt":"2023-06-12T01:00:50","slug":"uaes-silal-inks-agreement-for-solar-powered-irrigation-and-the-uae-ramps-up-action-on-nuclear-power-and-carbon-markets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/06\/12\/uaes-silal-inks-agreement-for-solar-powered-irrigation-and-the-uae-ramps-up-action-on-nuclear-power-and-carbon-markets\/","title":{"rendered":"UAE\u2019s Silal inks agreement for solar-powered irrigation and the UAE ramps up action on nuclear power and carbon markets"},"content":{"rendered":"

Solar-powered irrigation for the UAE: <\/strong>UAE food security company Silal<\/a> \u2014 part of Abu Dhabi investment company ADQ\u2019s portfolio \u2014 signed a partnership agreement with Netherlands-based solar thermal desalination firm Desolenator<\/a> to boost solar-powered irrigation, Wam<\/a> reported on Saturday. The pilot project is funded by an AED 100 mn (c. USD 27 mn) research and development grant by ADQ, and aims to provide sustainable watering alternatives as well as cooling options for plantations in greenhouse settings, the news agency notes.<\/p>\n

What is solar thermal desalination?<\/strong> The process involves the heating of seawater using energy sourced from solar panels in a bid to vaporize salts and transform it into potable water suitable for drinking and irrigation purposes, according to research published in ScienceDirect<\/a>.<\/p>\n

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<\/a> The last phase of UAE\u2019s Barakah nuclear plant is coming online:<\/strong> The Emirates Nuclear Energy Corporation (ENEC) has begun operational readiness procedures for the fourth and final unit of Abu Dhabi\u2019s Barakah Nuclear Energy Plant, Wam<\/a> reported on Thursday. The testing phase is currently underway to showcase the unit\u2019s readiness before receiving the licensing greenlight from the UAE\u2019s Federal Authority for Nuclear Regulation to kick off operations. An expected timeline on the final leg of the project\u2019s launch is not disclosed. The fourth phase is set to up the plant\u2019s full production volume to 5.6 GW of clean energy once fully operational \u2014 some 25% of the UAE\u2019s total energy needs. The third unit added 1.4 GW to the UAE grid back in February<\/a>.<\/p>\n

UAE moves forward on developing a carbon market:<\/strong> UAE Independent Climate<\/a>Change Accelerators<\/a> (UICCA) has established the UAE Carbon Alliance in a bid to develop standards and frameworks for carbon financing, Wam<\/a> reported last week. The coalition will bring together carbon credit buyers and sellers, climate project developers, financial institutions, corporations, exchanges, and brokers in the UAE to increase knowledge about carbon markets and establish a framework for carbon markets. The alliance was launched in partnership with Singapore-based carbon trading exchange AirCarbon Exchange<\/a> (ACX), First Abu Dhabi Bank, Abu Dhabi-based sovereign wealth fund Mubadala Investment Company, and the state-owned Abu Dhabi National Energy Company (Taqa).<\/p>\n

REMEMBER-<\/strong> ACX said it was working with Abu Dhabi Global Market (ADGM) on launching the world\u2019s first fully regulated carbon trading exchange to regulate carbon credits and offsets as emission instruments, according to a statement<\/a> released in March 2022. Last year, Mubadala acquired an undisclosed stake<\/a> of ACX.<\/p>\n

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n