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The Big Picture

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4. Bee’ah first to order tesla seMi in the region Sharjah environmental

German construction companies expect sales to grow by 4% in 2018, reaching their highest level since 1995

management company Bee’ah says it is set to be the first company to own a fleet of Tesla Semi trucks in the Middle East. The announcement was made to coincide with Bee’ah’s participation at this week’s World Future Energy Summit, and the organisation said it placed an order for 50 of the all-electric

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vehicles immediately after its launch in November, “to underline Bee’ah’s steadfast commitment to sustainability

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across its entire operations”.

$327m

Targeting regional expansion, the company said a larger transport fleet will “ensure” the new operational

Abu Dhabi’s NPCC has won a $327m contract from India’s ONGC to build offshore infrastructure on the country’s west coast

demands can be met. The incoming Tesla Semi trucks, which enter production in 2019, will primarily be used for waste collection and transportation, including transportation of materials for recovery. They will also add to Bee’ah’s growing fleet of

3. adfd earMarks $25M loan for two irena solar pv projects The Abu Dhabi Fund for Development (ADFD) has issued a statement announcing that it has set aside $25m in concessional loans for two solar PV projects. The projects have been recommended by the International Renewable Energy Agency (IRENA), a global platform for

over a thousand vehicles international cooperation on renewable energy. First announced at the eighth session of the IRENA Assembly, both projects will be financed through the IRENA/ADFD Project Facility. One project will take shape in Mauritius, while the other will be based in Rwanda. In Mauritius, the $10m loan will be used to help the Central Electricity Board install solar PV systems on the rooftops

of 10,000 households. The initiative is part of the government’s efforts to fight poverty, while contributing to the national target of achieving 35% of renewable electricity in the energy mix by 2025. An estimated 35,000 people in low-income communities could benefit from the project. In Rwanda, the $15m loan will enable the installation of 500,000 off-grid solar PV home systems across the country.

and continue upgrading the organisation’s transport options in making the fleet as eco-friendly as possible.

February 2018 11

Profile for Big Project Middle East

Big Project ME February 2018  

Big Project ME February 2018  

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