{"id":89437,"date":"2025-03-14T00:00:00","date_gmt":"2025-03-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2025\/03\/14\/mena-ups-recycling-efforts-pushes-for-solar-capacity-growth-and-more-this-week\/"},"modified":"2025-03-14T00:00:00","modified_gmt":"2025-03-14T00:00:00","slug":"mena-ups-recycling-efforts-pushes-for-solar-capacity-growth-and-more-this-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2025\/03\/14\/mena-ups-recycling-efforts-pushes-for-solar-capacity-growth-and-more-this-week\/","title":{"rendered":"MENA ups recycling efforts, pushes for solar capacity growth, and more this week"},"content":{"rendered":"

WASTE MANAGEMENT- <\/p>\n

#1- <\/strong>Tadweeer<\/strong> to expand capacity with new production lines:<\/strong> The Saudi National Environmental Recycling Company (Tadweeer) has completed a SAR 29.4 mn (c. USD 8 mn) agreement to acquire new production lines from various European manufacturers for its factories in Riyadh, according to a disclosure<\/a> issued on Wednesday. The high-efficiency lines will increase the company\u2019s recycling capacity to 500k tons annually, focusing on recycling and producing iron, copper, aluminum, stainless steel, and precious metals. Delivery and installation are set for completion by August 2025. No further details have been disclosed. <\/p>\n

#2- <\/strong>Qatar <\/strong>gets a new battery recycling plant: <\/strong>Qatar-based luxury real estate developer JMJ Group Holding has inaugurated a large-scale lead-acid battery recycling plant \u2014 dubbed Nafees Batteries \u2014 that will convert lead-acid batteries into lead alloy ingots, Trade Arabia<\/a> reported last week. The plant \u2014 located in the Mesaieed region \u2014 aims to reduce waste, decrease reliance on imported materials, and increase energy efficiency. <\/p>\n

Not JMJ\u2019s first green project:<\/strong> The company\u2019s subsidiary QD Recycling Factory inaugurated another recycling plant<\/a> in 2023 for ferrous and non-ferrous scrap metal to produce a range of aluminum and copper-based alloys. JMJ also signed an MoU with the Gulf Organisation for Research and Development to expand green building practices<\/a> across its projects using GORD's Global Sustainability Assessment System<\/a>.<\/p>\n

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SOLAR-<\/p>\n

#1- One step forward for Eksim Energy\u2019s PV park: <\/strong>Renewables firm Eksim Energi completed the first 45 MW phase of the 191.4 MW \u015eanl\u0131urfa Viran\u015fehir solar PV plant in southeastern Turkey has begun commercial operations, Balkan Green Energy News<\/a> reported on Tuesday. The plant is located on 280 hectares of land in the southeastern \u015eanl\u0131urfa province. The company was awarded the power purchase agreement and a 30-year concession for the project during a renewable energy auction in 2022. Eksim Energi wants to add 1.5 GW of renewable energy capacity to its domestic and international portfolio by 2029, targeting reaching a total of 2.2 GW capacity. <\/p>\n

#2- <\/strong>KarmSolar <\/strong>almost triples capacity with new partnerships: <\/strong>Solar energy utility KarmSolar has partnered with three Egypt-based agribusinesses to nearly triple its contracted electricity supply capacity to 8.37 MW in the Farafra Solar Grid, according to a press release (pdf)<\/a> published on Monday. The company has agreed to supply 2 MW of electricity to potato exporter Daltex, and 3.17 MVA to Al Mazare\u2019 for food manufacturing and cooling, and Al Hoda for land rehabilitation and cultivation. The expansion \u2014 to be funded by equity investments \u2014 is part of a microgrid that integrates solar PV panels, battery storage, and diesel generators into a centralized distribution network.<\/p>\n

REMEMBER- <\/strong>KarmSolar secured EGP 83 mn in funding<\/a> in 2023 from our friends at HSBC to develop a solar grid in Farafra, the company\u2019s second microgrid after the Marsa Alam Solar Grid. The company also signed up Juhayna and Nawa for Agricultural Investment as offtakers and secured exclusive power distribution rights<\/a> for the 67k-acre stretch of land the grid is located on. <\/p>\n

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GREEN MANUFACTURING-<\/p>\n

The National Environmental Recycling Co. (Tadweer) purchased production lines <\/strong>worth SAR 23.4 mn for its Riyadh factories<\/strong>, it said in a disclosure to Tadawul<\/a> on Tuesday. The new equipment is expected to come online in August this year, allowing it to raise production and recycling capacity to 500k tons of iron, copper, aluminum, precious metals, and stainless steel.<\/p>\n

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DEBT WATCH-<\/p>\n

The <\/strong>Opec Fund is providing a USD 35 mn loan to the Uzbekistan state-backed, joint-stock <\/strong>Asaka Bank to finance climate action and agricultural projects<\/strong>, according to a press release<\/a> issued on Monday. The bank will on-lend the money to SMEs and agribusinesses to help them acquire more advanced technology and expand their market presence. <\/p>\n

Why it matters? <\/strong>The country\u2019s agriculture sector accounts for 25% of its GDP, but the sector has been struggling with climate change-induced extreme weather and water scarcity, as well as limited financial support for mitigation. <\/p>\n

The fund has been busy:<\/strong> The Mauritanian government and the Opec Fund for International Development signed a framework agreement last month for USD 120 mn<\/a> in financing targeting sustainability and clean energy projects from 2025-27. It also signed a EUR 50 mn loan agreement<\/a> with the Development Bank of Turkey to support on-lending investments into renewable energy expansion, energy efficiency, climate resilience, and technology development.<\/p>\n

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