The Ellen MacArthur Foundation is collaborating with the UAE on developing a national textiles circularity policy framework as part of the Naseej initiative to create a circular economy for fashion and textiles. The goal is to move the sector towards a model that preserves resources, captures economic value, and aligns with long-term national development. The Foundation will provide expertise and insights on circular economy solutions in the fashion and textiles industry in the UAE and beyond. The UAE's position as a global textile hub presents an opportunity to implement successful circular economy policies that can serve as a model for other countries in the Gulf and the wider Global South.
Tag: UAE
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JinkoSolar, Masdar sign 2GW PV module supply agreement
JinkoSolar and Masdar have signed a supply agreement for 2GW of Tiger Neo photovoltaic modules for Abu Dhabi's round-the-clock renewable energy project, which combines a 5.2GW solar PV plant with a 19GW-hour battery energy storage system to deliver continuous renewable energy output. The collaboration aims to address the challenge of intermittency in renewable energy and support the UAE's clean energy goals, providing large-scale baseload renewable energy at competitive rates and serving as a benchmark for global zero-carbon power production. This agreement further develops their strategic relationship in the Middle East's renewable energy market, showcasing a significant step towards sustainable and reliable energy solutions.
https://www.power-technology.com/news/jinkosolar-masdar-sign-pv-agreement/
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This Week in CDR
Significant developments in durable carbon removal (CDR) occurred this week, with Altitude, Frontier, Microsoft, and other companies signing agreements to purchase CDR credits. Altitude, Frontier, and Microsoft purchased significant amounts of CDR credits from various providers, while partnerships were formed to advance carbon removal projects. Canadian project developer Deep Sky achieved Quebec's first permanent removal and geological injection of captured CO2, and other projects such as 44.01's CO2 mineralisation in the UAE are scaling up. Financing news and research updates in the climate solutions space were also highlighted, with CDR.fyi offering free access to market insights and company profiles related to climate solutions.