Saudi’s Bena Steel + UK’s Alderley to contribute to KSA’s clean energy transition: Saudi-based steel manufacturer Bena Steel Industries and UK end-to-end energy solutions firm Alderley have signed an MoU to establish supply chains in Saudi Arabia for clean energy technologies including hydrogen, according to a disclosure published on Tadawul yesterday. Details are scant, but Bena says it will cooperate with the UK firm to establish energy sector-related solutions to boost the kingdom’s green energy capacity. The UK firm — which has branches in KSA and the UAE — provides, among other power industry-related services, metering solutions for hydrogen, ammonia, biogas, and flare gas projects in both countries, according to its website. The financials and timeline for the planned projects have not been provided.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• FedEx has rolled out its greenhouse gas-monitoring tool FedEx Sustainability Insight regionally which provides users with real time data monitoring for the carbon footprint of shipments. The tool is available in Kuwait, Egypt, Jordan, Bahrain, and Oman. (Statement)
• Iran’s Industries Ministry has committed to furnish Tehran’s intra-city transport fleet with 50k electric cars and 200k e-bikes by March 2024. (PressTV)
• China’s Trina Solar has delivered 800 MW of solar modules to Abu Dhabi’s 2 GW Al Dhafra solar plant. (Statement)