Back to the complete issue
Wednesday, 18 January 2023

KSA explores more waste recycling + Abu Dhabi is open for proposals on new 1.5 GW solar plant

Saudi Arabia’s Tadweeer inked a one-year MoU with the Kingdom’s Saline Water Conversion Corporation (SWCC) on Monday, according to a Tadawul disclosure. The companies will explore collaboration on waste conversion and recycling. Tadweeer, KSA-based Tebrak Trading & Contracting Company and Mounes Mohamed Alshayeb for Civil Construction signed a USD 11.36 mn agreement last week to develop e-waste repurposing plants in the Kingdom. The e-waste recycling facilities will have a processing capacity of 40k tons annually once operational in 2Q 2024.

Emirates Water and Electricity Company has opened a request for proposals for a planned 1.5 GW solar plant in Abu Dhabi, according to a press release. 19 bidders are formally qualified following the submissions launched last May. The project will increase the emirate’s solar capacity to c. 4 GW.

Egypt kicks solar tender to February: A planned tender for a 20 MW solar plant in Egypt’s Hurghada has been postponed due to the country’s recent volatility in the USD-EGP exchange rate, a source in the Electricity Ministry told Enterprise. The tender was scheduled to go ahead on 23 January but has been pushed to 22 February after the bidding consortiums requested time to reassess their figures. Seven consortiums purchased the tender booklet ahead of potential bids. The solar plant was first proposed more than seven years ago.

Enterprise Climate is available without charge thanks to the generous support of HSBC (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; and Infinity Power (tax ID: 305-170-682), the leading generator and distributor of renewable energy in Africa and the Middle East. Enterprise Climate is delivered Mon-Thurs before 4 am UAE time. Were you forwarded this copy? Sign up for your own delivery at climate.enterprise.press. Contact us on climate@enterprisemea.com.