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Thursday, 29 September 2022

Hassan Allam completes solar PV plant for COP27 + Jordan wants to turn Aqaba into regional logistics hub

Egypt’s Hassan Allam Utilities completes 5 MW solar PV plant in Sharm El Sheikh: The investment and development arm of Egypt’s Hassan Allam Holding completed the construction of its 5 MW solar plant in Sharm El Sheikh, it said in a statement (pdf) out overnight. The plant was partially financed by Afreximbank and will generate over 10 GWh of power each year. The project “is the first to reach completion among other projects awarded under the [Grid to Power COP27] scheme”, the statement notes.

Jordan to turn Aqaba port into regional logistics hub with renewable energy projects: Jordanian state-owned utilities and infrastructure firm Aqaba Development Corporation inked a USD 242 mn agreement with APM Terminals Bahrain to turn Aqaba port into a regional logistics hub, state news agency Petra reported yesterday. Some of the funds will be earmarked for renewable energy and emission-reduction projects, it said, without providing further details.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Oman’s integrated logistics services provider Asyad announced a plan to lower carbon emissions generated by the sultanate's shipping industry by 2030, the company’s CEO announced at an event, Zawya reported yesterday. The company’s strategy could see its phase out fuel oil in favor of LNG and bio-methane, though new infrastructure and a regulatory framework needs to be in place before this can happen, he said.
  • Tunisia’s National Agency for Energy Conservation and Egypt’s Regional Center for Renewable Energy and Energy Efficiency signed MoUs to collaborate on renewable energy and energy efficiency programs in Tunisia, according to a statement Monday.

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