{"id":80565,"date":"2023-11-13T00:00:00","date_gmt":"2023-11-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/11\/13\/adnoc-distribution-accelerates-ev-charging-stations-rollout-eanan-tests-its-first-local-evtol-and-morocco-gets-a-green-loan-to-boost-desalination-efforts\/"},"modified":"2023-11-13T00:00:00","modified_gmt":"2023-11-13T00:00:00","slug":"adnoc-distribution-accelerates-ev-charging-stations-rollout-eanan-tests-its-first-local-evtol-and-morocco-gets-a-green-loan-to-boost-desalination-efforts","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/11\/13\/adnoc-distribution-accelerates-ev-charging-stations-rollout-eanan-tests-its-first-local-evtol-and-morocco-gets-a-green-loan-to-boost-desalination-efforts\/","title":{"rendered":"Adnoc Distribution accelerates EV charging stations rollout, Eanan tests its first local eVTOL, and Morocco gets a green loan to boost desalination efforts."},"content":{"rendered":"

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

KSA\u2019s PIF and SEC rebrand their EV infrastructure firm: <\/strong>Saudi Arabia\u2019s sovereign wealth fund the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC) have rebranded their JV Electric Vehicle Infrastructure Company<\/a> to EVIQ, SPA<\/a> reported yesterday. EVIQ \u2014 which is 75% owned by PIF and 25% owned by SEC \u2014 aims to set up over 5k fast chargers in over 1k locations in cities across KSA. It will also explore collaboration with EV companies by providing required charging stations, and promote private sector participation in the development of its network of charging stations and support the localization of R&D and manufacturing.<\/p>\n

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Adnoc Distribution will ramp up the rollout of EV charging points next year and plans to <\/strong>operate 50 of them \u2014 12 more than it currently operates \u2014 by year end<\/strong>, Adnoc Distribution's CEO Bader Al Lamki told The National<\/a> on Friday. The company will focus on installing charging points on highways to meet higher demand and plans to supply biofuel to its business-to-business (B2B) customers. <\/p>\n

DIG DEEPER- Adnoc Distribution partnered with Abu Dhabi National Energy Company (Taqa) <\/strong>in January to establish the E2GO joint venture<\/a> to build and operate electric vehicle (EV) infrastructure in the UAE. The UAE's largest fuel retailer also announced last month that it will use biofuel<\/a> to power its heavy vehicle fleet.<\/p>\n

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UAE\u2019s Eanan trials first locally made eVTOL:<\/strong> Emirati green tech company Eanan<\/a> began a flighttesting campaign for the first Emirati-manufactured autonomous electric vertical take-off and landing (eVTOL) aircraft, according to a statement<\/a> released last week. The self-driving, zero-carbon multicopter will carry both cargo and passengers and is manufactured in Dubai\u2019s Mohammed Bin Rashid Aerospace Hub, the statement notes. The company will debut its S-120<\/a> and S-700<\/a> eVTOLs at the Dubai Airshow, which kicks off today. The S-120 has a one-hour\/30 km flight range with a flying speed of 60 km per hour and can carry a 50 kg payload capacity. The S-700 heavy cargo eVTOL has a 700 kg maximum take-off weight<\/a> with a 200 kg payload capacity.<\/p>\n

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

Morocco\u2019s OCP secures green loan to boost desalination efforts:<\/strong> Moroccan state-owned fertilizer and phosphate company OCP Group has secured a USD 18.3 mn green concessional loan from the Canada-African Development Bank Climate Fund (CACF) to expand its desalination efforts in Africa, according to a statement<\/a> released last week. This is the first doll out of a USD 36.3 mn loan, with the first USD 18 mn portion aimed at supporting rehabilitation and expansion efforts at Port Autonome de Cotonou in Benin, the statement notes. The second USD 18 mn loan will be earmarked for the development of three desalination plants in Morocco. The green facilities reflect a joint effort between Canada and the African Development Bank to finance \u201celigible climate change projects in Africa,\u201d the statement notes. <\/p>\n

OCP has been busy on the desalination front:<\/strong> The company inaugurated the first phase<\/a> of its 35 mn cubic meters (cbm) per year Safi desalination plant in Morocco last August. The plant\u2019s output will serve OCP\u2019s industrial needs and provide drinking water to the Safi and El Jadida neighborhoods, with the first phase set to produce 10 cbm annually.<\/p>\n

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