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ELECTRIC VEHICLES-
ET + Al Ghandi partner on EV charging: Emirates Transport (ET) and Al Ghandi Auto have partnered to install a solar-powered, off-grid EV charging station at Emirates Transport’s head office in Dubai, Trade Arabia reports. The charging station, manufactured by Swiss tech firm ABB, can generate up to 22KW of power and charge a standard Chevrolet Bolt to 80% in around 1.5 hours.
The details: The trial period for the charging station will last six months, during which it will be available for use by staff and visitors. Based on the trial results, a decision will be made on whether to expand the station to include more charging points. The project marks the first time Al Ghandi Auto has installed a fully solar-powered charging station.
INVESTMENT WATCH-
Tunisia sets budget for environmental investment in 2025: Tunisia is allocating TND 20 mn (c. USD 6.5 mn) to support investments in the environmental sector in 2025, TAP reports. The initiative aims to support projects that promote sustainable development, optimize natural resource management, and protect ecosystems, especially those spearheaded by youth. The program will streamline investment procedures, create jobs in waste recovery, recycling, and green spaces, and encourage youth and start-ups to engage in the circular, blue, and green economy.
The UAE welcomed three new clean energy technology companies to its NextGenFDI program, Wam reports. The companies, based in the US and China, specialize in advanced energy storage and generation solutions. They include:
- Enerflow, an expert in vanadium flow battery technology, extending battery life for clean-energy storage;
- HyGreen Energy, a developer of water electrolysis hydrogen equipment for industries such as steel and petrochemicals;
- Enpower Greentech, a producer of solid-state batteries, created in collaboration with automotive and eVTOL companies.
About NextGenFDI: Launched in 2022, the initiative aims to attract global high-tech firms in ICT, healthcare, and advanced manufacturing sectors to the UAE. The program offers fast-track setup and licensing, visa issuance, and access to financial services.
DIGITALIZATION-
Presight to create an AI tool for Masdar: Masdar has partnered with UAE’s big data analytics company Presight Presight to create an AI-based asset management tool to support the company’s governance of its massive global portfolio of renewable energy projects, according to a statement. The tool aims to collect and analyze the vast amounts of data generated daily by Masdar’s equipment, such as solar panels and wind turbines, to enhance efficiency and predict maintenance needs. Masdar hopes to reduce downtime and boost energy production by moving from a “reactive to a predictive” model.
Presight is expanding its client base: The company and Kazakh sovereign wealth fund Samruk-Kazyna inked an agreement to develop an AI supercomputer and data center cluster powered by green energy in Kazakhstan in February. It also signed MoUs with Japan’s NEC and DeepTech Engineering to implement their floods and earthquake monitoring and detection tech into Presight’s Emergency Response Management Platform last year.
