 |
| |
The Ministry of Industry and Advanced Technology (MoIAT) oversaw the signing of a Memorandum of Understanding (MoU) at Abu Dhabi Sustainability Week (ADSW), which will lay the groundwork for a new plastic recycling facility in the UAE.
According to the report, a polyethylene terephthalate (PET) recycling plant will be set up in Abu Dhabi.
In line with the UAE’s efforts to reduce plastic pollution and boost trade through the export of recycled materials, the plant will recycle PET, a plastic material that is used in food packaging, such as plastic water bottles.
The 40,000-square-meter facility in Abu Dhabi could create 100 jobs and avoid the emission of 18,000 metric tonnes of CO2 annually at full operating capacity, according to a report in WAM.
The MOU to study the feasibility of the project will involve Repeet, BEEAH Group, and Agthia.
A plan to set up the first recycling plant in the country for used batteries from electric vehicles
According to the media, BEEAH Recycling, the BEEAH Group’s waste processing and material recovery business, signed an agreement with the UAE Ministry of Energy and Infrastructure (MOEI) and the American University of Sharjah.
to explore a collaboration to establish the nation’s first recycling plant for end-of-life batteries from electric vehicles.
The agreement was signed during the 2023 World Future Energy Summit in Abu Dhabi at the Ministry of Energy and Infrastructure stand.
According to a report, Saudi Power Purchasing Company (SPPC) has announced the launch of four new combined-cycle electrical power generation projects with carbon captured units.
At Abu Dhabi Sustainability Week (ADSW) 2023, Masdar, ADNOC, BP, Tadweer (the Abu Dhabi Waste Management Company), and Etihad Airways announced their collaboration.
The agreement conducts a joint feasibility study on exploring the production in the UAE of sustainable aviation fuel (SAF) and other products, such as renewable diesel and naphtha, using municipal solid waste (MSW) and renewable hydrogen.
Masdar, UAE, announced in a statement that it has signed agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries: Angola, Uganda, and Zambia.
A memorandum of understanding (MOU) is signed for the development of renewable energy projects with a total capacity of up to 5 gigatonnes (GW).
The agreements were made as part of the Etihad 7 initiative, which is led by the UAE and aims to get public and private money to invest in the growth of Africa's renewable energy sector.
Air Products said that the second group of assets for the $12 billion gasification and power joint venture (JV) with Aramco, ACWA Power, and Air Products Qudra in the Jazan Economic City (Jazan), Saudi Arabia, have been transferred and the financial close has been reached.
According to the report, the JV bought this second group of assets at Jazan after successfully buying and financing the first group of assets in late October 2021.
The news says that Saudi Arabia is helping a British company come up with a way to beam unlimited solar power from space to Earth.
Saudi Arabia officials met with UK Business Secretary Grant Shapps last week to discuss ambitious plans for collaboration in space and innovation, including the potential to invest in the development of space-based solar power, the report added.
International oil companies are adding large-scale renewable hydrogen projects to their portfolios.
According to the boss of the International Energy Forum, a Riyadh-based think tank, "The Global South—Latin America, Africa, and parts of Asia—is suffering disproportionately from the energy crisis because of the "green" investment policies of wealthier nations."
A report says Magnom Properties and Forbes have joined hands to build a zero-carbon commercial tower in Cairo, Egypt, which will elevate standards of green design and push the boundaries of modern construction.