SEE Holding, the parent company behind The Sustainable City brand, has signed an agreement with Arabian Gulf Steel Industries (AGSI), thus marking a significant step towards advancing sustainable construction practices in the region. 

 

The partnership will prioritise the integration of low carbon steel in future projects, reinforcing SEE Holding’s commitment to selecting sustainable materials to achieve its net zero ambitions. 

 

Additionally, both entities will explore opportunities to promote circular economy practices, focusing on recycling and repurposing steel products to minimize waste and environmental impact.

 

The first carbon neutral steel plant and low carbon steel manufacturing facility, AGSI is pioneering low carbon products and plays a critical role in decarbonizing not only the steel industry but also the built environment. 

 

By incorporating 100% recycled low carbon steel SEE Holding aims to significantly reduce embodied emissions while maintaining the highest standards of durability and strength required for modern construction. 

 

The MoU signing ceremony was held at SEE Institute, SEE Holding’s knowledge partner and the region’s first operational net zero emissions building, underscoring a shared commitment to environmental responsibility.

 

On the deal, Chairman & CEO Faris Saeed said: "Achieving net zero emissions requires a holistic commitment to reducing both embodied and operational emissions across every facet of the built environment. Our partnership with Arabian Gulf Steel Industries reaffirms our dedication to selecting materials that align with our net zero strategy while driving innovation in sustainable cities and communities."

 

"Through this collaboration, we aim to inspire transformative change in net zero construction practices across the region, redefining how sustainable infrastructure and cities are designed and built," he stated.

 

The collaboration extends beyond material selection, focusing on research and development (R&D) to innovate and refine techniques that enhance the adoption of low carbon steel in construction processes. 

 

Both parties will work together to develop new methodologies that optimize energy efficiency and reduce embodied emissions in building projects, it added.

 

AGSI’s Chief Executive Officer Asam Hussain said: "The partnership with SEE Holding represents a significant step forward by driving sustainable transformation in construction practices in the UAE. Our collaboration will ensure that we structurally embed demand for low-carbon materials to seize the opportunity of accelerating decarbonization of the hard-to-abate sector."

 

"Together, we are advancing environmental sustainability and driving positive economic and social impact," he added.-TradeArabia News Service

Alghanim International said it has been awarded a major engineering, procurement and construction (EPC) contract worth $1 billion for Project Volta, a new cogeneration utilities plant in Abu Dhabi.

 

A major player in construction, engineering and infrastructure development in Kuwait, Alghanim International has been delivering large-scale, high-impact projects across the Middle East and North Africa. 

 

The contract was awarded by Abu Dhabi National Energy Company (Taqa) and Abu Dhabi National Oil Company (Adnoc Group).

 

This landmark project will play a crucial role in supplying utilities to Ta’Ziz’s derivatives complex, supporting the production of new petrochemical products in the UAE. 

 

Additionally, it strengthens Alghanim International’s reputation as a leader in executing large-scale utilities and energy projects.

 

From the Duqm Integrated Power and Water Plant in Oman, which powers the Duqm Refinery, to multiple mega scale energy projects in Kuwait, Alghanim continues to play a role in the progress of the energy industry across the region, said a company spokesman.

 

"With our engineering excellence, proven track record, and unwavering commitment to innovation, we are proud to contribute to Abu Dhabi’s industrial growth and look forward to delivering another world-class project that sets new benchmarks in the energy sector," he added.-TradeArabia News Service

Abu Dhabi Future Energy Company (Masdar) has reinforced its leadership in the global clean energy sector by deploying close to AED30 billion in equity investments and securing more than AED16.5 billion of project financing across nine countries. 

 

These accomplishments reflect Masdar’s commitment to expanding its renewable energy portfolio while driving the global energy transformation.

 

Since its establishment in 2006, Masdar has been a key enabler of the UAE’s vision as a global leader in sustainability and climate action. 

 

The company has developed and partnered in projects in over 40 countries, with a mandate to increase its renewable energy portfolio capacity to 100GW by 2030.

 

Masdar contributes to accelerating development and supporting the UAE's ambition to become the world's largest developer, owner, and operator of renewable energy and green hydrogen. 

 

It also aids countries globally in achieving their climate neutrality plans, while increasing its project portfolio's production capacity to 51GW by the end of 2024.

 

Masdar’s growth was advanced by landmark acquisitions in Greece, Spain and the United States, strengthening the company’s presence in Europe and North America, as well as breaking ground on seven major projects worldwide. 

 

These included two BESS projects in the UK, two solar projects in Azerbaijan with a combined capacity of 760MW, and the 1.5GW Al Ajban Solar Project in the UAE.

 

Additionally, Masdar announced the financial close of six projects, including the 1.1GW Al Henakiyah Solar Power Plant and multi-utility Amaala sustainable project in the Kingdom of Saudi Arabia, as well as 760MW solar projects Bilasuvar and Neftchala in Azerbaijan.

 

Masdar also signed a power purchase agreement in December 2024 for the 2GW Sadawi project in Saudi Arabia, and inaugurated the 500MW Zarafshan Wind Farm in Uzbekistan, now the largest operation in Central Asia.-TradeArabia News Service