SHUAA sells 20% stake in Mirfa International Power and Water Company to Japanese Sojitz – United Arab Emirates SHUAA Capital, an asset management and investment banking platform in the region, has divested its 20 percent equity stake in Mirfa International Power and Water Company (MIPCO), to Japanese group, Sojitz Corporation (Sojitz). MIPCO was established in 2014 in Abu Dhabi as the 10th project in the private power and water sector launched under the Department of Energyâs privatisation programme, according to a SHUAA Capital statement on Thursday. The company has developed and operated a power generation and seawater desalination plant in the Al Dhafra region of Abu Dhabi, [âŠ] SHUAA sells 20% stake in Mirfa International Power and Water Company to Japanese Sojitz – United Arab EmiratesHIWI042021-05-09T21:02:45+02:00
Abu Dhabi committed to transitioning to clean and renewable forms of energy: DoE Chairman – United Arab Emirates Abu Dhabiâs energy sector is committed to supporting the global climate change agenda and the transformation to clean and renewable energy systems, said Awaidha Murshed Al Marar, Chairman of Abu Dhabiâs Department of Energy (DoE) today. Al Marar was speaking ahead of the first Regional Summit on Climate, which is being held in Abu Dhabi on April 5th. The event is taking place before the Leadersâ Summit on Climate in Washington this month, and the 26th session of the Conference of the Parties (COP 26) to the United Nations Framework Convention on Climate [âŠ] Abu Dhabi committed to transitioning to clean and renewable forms of energy: DoE Chairman – United Arab EmiratesHIWI042021-04-05T12:11:17+02:00
ABB technology to power worldâs largest seawater desalination project – Abu Dhabi – United Arab Emirates Approximately 45 kilometers north of Abu Dhabi city, the Taweelah project will be the first reverse osmosis independent water project in Abu Dhabi which will desalinate seawater for supply to local communities and industry in the area. It will also set new benchmarks for its size, efficiency and cost by utilizing the lowest amount of energy per cubic meter of water produced. The USD 500 million development will have the capacity to process over 900,000 cubic meters of seawater per day, enough to meet the demands of over [âŠ] ABB technology to power worldâs largest seawater desalination project – Abu Dhabi – United Arab EmiratesHIWI042021-03-22T14:57:43+01:00
Manhat to focus on natural water distillation – United Arab Emirates Abu Dhabi-based startup Manhat is all set to focus on natural water distillation based on local innovation, said Dr Saeed Alhassan, founder, Manhat. The startup is a deep technology venture that utilises patents with research and developments done in UAE to commercialise its technology. âOur technology is based on physical sciences and not on computer programming like other startups. Additionally, companies working in the water domain are based on imported technologies compared to ours; which is based on local innovation,â said Alhassan, who is a PhD holder in chemical [âŠ] Manhat to focus on natural water distillation – United Arab EmiratesHIWI042021-03-09T15:40:21+01:00
Expressions of interest invited for Abu Dhabiâs Mirfa 2 water project – United Arab Emirates Abu Dhabi-based Emirates Water and Electricity Company (Ewec) has invited developers to submit expressions of interest for its planned Mirfa 2 (M2) independent water project, a reverse osmosis facility planned with the capacity to supply up to 150 million imperial gallons a day (MIGD) of desalinated water. Expressions of interest invited for Abu Dhabiâs Mirfa 2 water projectAccording to reports on online news outlet Energy-Utilities, developers have been invited to submit their expressions of interest by March 4 for the desalination project. The reports also quoted sources close [âŠ] Expressions of interest invited for Abu Dhabiâs Mirfa 2 water project – United Arab EmiratesHIWI042021-02-19T10:19:36+01:00
EWEC calls for bids for 150m imperial gallon per day desalination plant – United Arab Emirates Developers/developer-consortiums have been invited to submit expressions of Interest (EoIs) by the Emirates Water and Electricity Company (EWEC) for the Mirfa 2 (M2) independent water project (IWP) in Abu Dhabi. According to a statement, the M2 desalination plant will use reverse osmosis (RO) to supply up to 150m imperial gallons per day of water, improving the security of water supply in Abu Dhabi. The project is also expected to play a key role in the ongoing cost reduction initiatives in the sector, through the procurement of competitive and efficient RO [âŠ] EWEC calls for bids for 150m imperial gallon per day desalination plant – United Arab EmiratesHIWI042021-02-16T23:31:43+01:00
Vertical farmingâs success depends on the cheapest lightbulb – Abu Dhabi Abu Dhabiâs giant Yas Mall isnât the most obvious location for embracing nature. The sprawling complex, which houses a 20-screen cinema, leads to a Ferrari-themed amusement park. At its heart is the Carrefour SA hypermarket. Thereâs no natural light or soil, yet floor-to-ceiling shelves offer shoppers herbs and microgreens grown right in the store. The fresh produce is a rare sight in the United Arab Emirates, which is almost all desert and imports 80% of its food. Itâs marketed as a healthy way for customers to reduce the carbon emissions that would be generated transporting their groceries. Vertical farmingâs success depends on the cheapest lightbulb – Abu DhabiHIWI042021-01-23T14:49:15+01:00
Mubadala to invest in Asper’s AED 2.1 billion Dorothea Investment Vehicle – United Arab Emirates Mubadala, the Abu Dhabi-based sovereign investment company, today announced that it will be taking a significant stake into Asper Investment Managementâs (Asper) Dorothea investment vehicle (Dorothea). Dorothea is targeting to deploy more than AED 2.1 billion (⏠500 mn) into building a network of district heating services across the Netherlands. Asper is Europeâs leading independent investment management firm specialized in sustainable real assets with investment vehicles dedicated to energy transition and a track record in district heating since 2014. (LINK). Mubadala to invest in Asper’s AED 2.1 billion Dorothea Investment Vehicle – United Arab EmiratesHIWI042020-12-15T16:37:42+01:00
Abu Dhabi’s Al Dahra, Israel’s Watergen ink water security deal – United Arab Emirates Watergen developed a pioneering technology to produce water from the air and patented the worldâs most energy-efficient atmospheric water generator (AWG). The large-scale AWG is an industrial scale atmospheric water generator designed for towns, villages, factories, off-grid settlements and rural communities, which can produce up to 5,000 litres of water per day. They can also be installed on rooftops, helping to decentralise the supply of safe-drinking water in municipalities that have insufficient water infrastructure. (LINK). Abu Dhabi’s Al Dahra, Israel’s Watergen ink water security deal – United Arab EmiratesHIWI042020-11-29T14:07:32+01:00
Abu Dhabi Investment Office offers startups $41mln in AgTech incentives – United Arab Emirates The state-run Abu Dhabi Investment Office (ADIO) has rolled out $41 million worth of incentives for three agriculture technology (Agri tech) companies under its AgTech Incentive Programme, ADIOâs Director General said. In April, ADIO had laid out $100 million worth of incentives for four companies â AeroFarms, Madar Farms, RNZ and Responsive Drip Irrigation (RDI). Tariq Bin Hendi told Zawya that the AgTech Incentive Programme is focused on supporting innovators developing agriculture solutions that are locally relevant and globally exportable. (LINK). Abu Dhabi Investment Office offers startups $41mln in AgTech incentives – United Arab EmiratesHIWI042020-11-11T15:36:36+01:00