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Monday, 31 October 2022

The UAE has big green hydrogen ambitions + OCP Group gets two new green(er) subsidiaries in Morocco

The UAE has big green hydrogen ambitions: The UAE is eyeing 25% of global low-carbon hydrogen export markets and has seven projects in the pipeline, Asharq Green cites UAE Energy Minister Suhail Al Mazroui as saying. The UAE is looking to build large-scale hydrogen and ammonia production facilities and establish itself as a leading provider in EU, East Asia, Japan, South Korea, and Germany.

AND- Morocco’s OCP Group is setting up two new subsidiaries to lock in its water and energy needs, Morocco World News reports. The state-owned phosphate mining company is entering a joint venture, OCP Green Water, with unnamed partners to generate 85 mn cubic meters of non-conventional (recycled or desalinated) water by next year. The new water facility will be powered by a second subsidiary, OCP Green Energy, which will produce 30 MW to power the Green Water project by 3Q 2023.

ALSO- UAE retail giant Majid Al Futtaim rolled out in Egypt its multi-year plan to phase out its use of single-use plastics by 2025, according to a Environment Ministry statement.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Egypt-based chemical company ASCOM Carbonate and Chemicals Manufacturing is constructing a 7 MWh solar energy plant at one of its factories in Upper Egypt, Zawya reports. Taqa Arabia is the project’s contractor.
  • Saudi Electricity Company is leasing 23 mn sqm of land in Al Badayea governorate to build solar, wind and waste energy-powered projects, according to a Saudi Press Agency statement.
  • KSA’s national flag carrier Saudia will purchase 100 electric jets from German sustainable air taxi manufacturer Lilium, according to a company statement.
  • South Africa and Indonesia will each get USD 500 mn from the Climate Investment Funds (CIF) to decommission coal plants and decarbonize as part of CIF’s Accelerating Coal Transition, according to a board announcement.
  • Siemens Smart Infrastructure Middle East inked an agreement with Omani vehicle manufacturer OTE Group to upscale EV charging infrastructure throughout Oman, according to a company statement picked up by Zawya.
  • State-owned Netherlands Enterprise Agency commissioned Dutch sustainable mobility firm EVConsult to help increase the number of EV charging stations in Morocco, according to a company statement (Dutch).
  • Oracle Energy Limited signed an MoU on Wednesday with Dubai-based carbon management company Blue Carbon LLC to “develop a decarbonization roadmap,” according to a company statement.
  • Abu Dhabi-based renewable energy giant Masdar opened a new office in Riyadh, Saudi Arabia, according to a company statement.

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