Economy & Markets
DP World launches Nhava Sheva solar power system
DP World, the global marine terminal operator, announced on Saturday it had inaugurated a pilot solar power system at its busiest Indian facility, Nhava Sheva, which will allow the Mumbai terminal to harness solar energy to meet its energy requirements. Aimed at reducing greenhouse gas emissions, including carbon dioxide, the solar power system will reduce [...]
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Where old batteries may go to die
One of the environmental quandaries that owners of electric cars may soon face is what to do with expensive rechargeable batteries that have reached the end of their useful life within the vehicle. Dumping them in the nearest landfill would surely be distasteful to most of the car manufacturers’ existing and potential customers, so the [...]
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Masdar to turn carbon-neutral into cash-positive
Masdar, the Abu Dhabi Government’s clean energy company, is set to become the first in the GCC to earn lucrative international credits for efforts to fight global warming. The credits from two projects backed by the company, worth about €1.13 million (Dh5.3m) per year at current prices, are likely to be the first among scores [...]
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Zonzoo offers ‘cash for phones’ with Middle East launch
The newly created Zonzoo UAE will be a 50/50 joint venture between Enviroserve, which operates in Dubai and surrounding territories under its brand name Envirofone, and zonzoo group plc. Zonzoo is Europe’s fastest growing green brand. It recycles mobile phones as its core business and last year recycled nearly two million mobile phones. It is [...]
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