{"id":80318,"date":"2023-10-30T02:00:57","date_gmt":"2023-10-30T02:00:57","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/10\/30\/abb-signs-agreement-to-roll-out-ev-infrastructure-in-bahrain-egypt-signs-several-green-hydrogen-agreements\/"},"modified":"2023-10-30T02:00:57","modified_gmt":"2023-10-30T02:00:57","slug":"abb-signs-agreement-to-roll-out-ev-infrastructure-in-bahrain-egypt-signs-several-green-hydrogen-agreements","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/10\/30\/abb-signs-agreement-to-roll-out-ev-infrastructure-in-bahrain-egypt-signs-several-green-hydrogen-agreements\/","title":{"rendered":"ABB signs agreement to roll out EV infrastructure in Bahrain + Egypt signs several green hydrogen agreements"},"content":{"rendered":"

ELECTRIC VEHICLES-<\/strong><\/p>\n

ABB EV charging stations coming to Bahrain soon:<\/strong> Bahraini power provider Kanoo Power<\/a>Solutions<\/a> (KPS) \u2014 subsidiary of automotive giant Ebrahim K. Kanoo<\/a> \u2014 is partnering with Swiss electrical equipment manufacturer ABB to expand Bahrain\u2019s EV charging infrastructure and accelerate EV adoption in the kingdom, according to a statement<\/a>. No financial details, a timeline, or the number of charging stations expected to rolled out were disclosed.<\/p>\n

Not ABB\u2019s first regional foray in EV infrastructure:<\/strong> Qatar\u2019s government\u2019s public bus infrastructure program \u2014 which will eventually see some 1k electric buses in use across the country \u2014 is being rolled out<\/a> by the Swiss after it agreed to design, supply, test and commission charging infrastructure in Qatar in 2021.<\/p>\n

GREEN HYDROGEN-<\/strong><\/p>\n

CIEG inks agreements with Egypt\u2019s Abu Qir and EGPC:<\/strong> Egypt\u2019s North Abu Qir for Agricultural Nutrients and China International Energy Group (CIEG) signed an agreement to establish a green hydrogen plant at Abu Qir\u2019s factory site, according to a statement<\/a> released on Friday. The expected price tag of the project, targeted generation capacity, and an estimated timeline on completion were not disclosed. A second MoU was signed by the Egyptian General Petroleum Corporation (EGPC) and CIEG to explore avenues for renewable energy at Egyptian gas and oil sites, the statement notes.<\/p>\n

ALSO- <\/strong>Egypt and EU mull green hydrogen partnership: <\/strong>Egypt\u2019s Prime Minister Mostafa Madbouly and European Bank for Reconstruction and Development (EBRD) President Odell Reno Paso met in Brussels last week to discuss progress on a feasibility study being carried out for a green hydrogen project in Egypt, according to a statement<\/a> released on Thursday. The estimated investment ticket and timeline were not disclosed.<\/p>\n

The EBRD is a big backer in Egypt\u2019s green energy sector: <\/strong>Earlier this month, the EBRD said it would review plans<\/a> to extend a EUR 165 mn green loan to help enhance Egypt\u2019s electricity distribution grid. The EBRD \u2014 which has financed 163 projects<\/a> and committed to EUR 1.4 bn in investments for the country to date \u2014 extended USD 50 mn<\/a> to finance the 500 MW Gulf of Suez wind farm in Ras Ghareb back in May. The bank has also committed to contributing USD 200-300 mn<\/a> to the NWFE initiative to support the phase out of 5 GW of gas-fired power plants<\/a> by 2025, and support the development of solar and wind energy projects yielding 10 GW by 2028. The energy pillar of NWFE is expected to mobilize USD 10 bn of private-sector investment and USD 500 mn of soft loans, grants, and assistance from donors and international financial institutions.<\/p>\n

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OQ signs MoU for hydrogen and CO2 projects<\/strong>: <\/strong>Oman\u2019s OQ has signed an MoU with Belgian energy group Fluxys to explore establishing hydrogen and CO2 infrastructure projects in the sultanate, the energy company said<\/a> last week. Fluxys was among the investors who bought in OQ's IPO<\/a> earlier this month, acquiring a 4.9% stake<\/a> in the company. It also conducted a feasibility study last year for a 500 MW green hydrogen<\/a> plant on Egypt\u2019s north coast.<\/p>\n

OQ is one of the region's hydrogen stars:<\/strong> OQ is among the companies selected to establish three green hydrogen plants<\/a> to power green steel production in Oman. It also signed an MoU with Hydrom to partner on green hydrogen pipelines.<\/p>\n

DECARBONIZATION-<\/strong><\/p>\n

DP World and APM Terminals to acceler<\/strong>ate port electrification:<\/strong> Dubai-based logistics firm DP World and operator of the Khalifa bin Salman Port APM Terminals is implementing a new initiative to expedite decarbonization efforts by electrifying container handling equipment (CHE), Wam<\/a> reported on Thursday. The initiative is based on research (pdf)<\/a> showing that CHE electrification can be reached within two to eight years.<\/p>\n

APM's still boosting its green record:<\/strong> APM Terminals awarded Bhageria Industries the contract to build an 11.4 MW solar project<\/a> in Bahrain earlier this month. It also plans to set up a USD 10 mn 18.5 GW solar power plant to help the port reach energy self-sufficiency by the end of the year.<\/p>\n

CRITICAL MINERALS-<\/strong><\/p>\n

UAE\u2019s IHC eyes Zambian copper mine:<\/strong> Abu Dhabi\u2019s International Holding Company (IHC) is interested in acquiring the Zambian Mopani copper mines<\/a> \u2014 Africa\u2019s second largest producer, The Financial Times<\/a> reported on Thursday, citing four people with knowledge of the matter. South African miner Sibanye-Stillwater has also expressed interest in the mine. The bid comes amid a global scramble to secure critical minerals<\/a> used in transmission lines, EVs, and renewable energies.<\/p>\n

Elcora and Mincape team up on manganese mining: <\/strong>Canadian firm Elcora Advanced Materials and Moroccan mining lab Mincape are partnering on identifying and developing new manganese deposits in Morocco and West Africa, according to a statement<\/a>. The two companies aim to combine their technical know-how and resources to increase supplies of manganese for the growing EV battery market.<\/p>\n

Elcora has a history in Morocco: <\/strong>Elcora's subsidiary Ermazon started manganese ore extraction and deliveries<\/a> in the kingdom last August. Elcora also selected Lab 4 in April for the design and testing of Elcora\u2019s planned vanadium pentoxide plant<\/a> in Morocco.<\/p>\n

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