The three-day Finance & Investment Conference at ADIPEC has four main themes. (Image source: ADIPEC)

ADIPEC 2024 will highlight the critical role of finance in accelerating the transition to a secure, equitable and sustainable energy future, through its inaugural Finance & Investment Conference

Held from 4-7 November in Abu Dhabi, ADIPEC will gather financial leaders, policymakers, and energy executives to unlock the capital required for scaling low-carbon technologies and fast-tracking decarbonisation initiatives.

The three-day Finance & Investment Conference at ADIPEC has four main themes: Mobilising investment for a sustainable future; Navigating uncertain geopolitical factors to secure energy transition investment; Ensuring bankability of clean energy projects and technologies, and Meeting the growing demand for resilient and clean energy in developing countries.

In alignment with these themes, the conference will feature sessions led by global experts to activate investment needed to fast-track the global energy transition, including navigating macroeconomic volatility, unlocking capital for emerging markets, and developing regulatory frameworks that support decarbonisation technologies.

Key speakers will include Charlie Tan, CEO, Global Impact Coalition; Mazin Khan, CFO, Masdar; Julian Mylchreest, executive vice chairman, Bank of America; Lina Osman, managing director and head, Sustainable Finance - Africa and MENAP, Standard Chartered; Semih Ozkan, executive director, EMEA Energy, Power, Renewables, Metals & Mining, JP Morgan, and Zoe Knight, group head, Centre of Sustainable Finance, Head of Climate Change MENAT, HSBC, who will jointly discuss solutions to the financing challenges faced by developing economies in their energy transition efforts.

Addressing critical gaps

Sharing his extensive expertise in securing investment within the energy and renewables sectors, Charlie Tan, CEO, Global Impact Coalition, said, “Achieving net-zero emissions requires ambition, financial frameworks and innovative investment models that can make decarbonisation viable from both a sustainability and commercial angle. As a global energy leader, Abu Dhabi provides the perfect stage for hosting ADIPEC’s critical conversations on bridging the gap between ambition and action in the broader energy transition.

“At ADIPEC 2024, we will focus on how public and private sectors can join forces to scale up financing for clean energy, ensuring long-term growth and environmental impact. The event will empower financial and energy experts to take decisive action, leveraging and allocating capital to where it’s needed most to deliver economic prosperity and environmental sustainability."

Christopher Hudson, President of dmg events, the organiser of ADIPEC, said, “One of the most significant barriers to achieving an equitable energy transition is the gap in clean energy finance and investment between the Global North and South. Developed nations have more financial resources while emerging markets need help to secure capital for large clean energy projects, slowing the transition and deepening regional inequalities.

“Addressing the finance gap between the Global North and South is one of the key focus areas of our new Finance and Investment Conference. Discussions held at ADIPEC 2024 will set the stage for how finance can play a transformative role in ensuring that we meet our decarbonisation goals while continuing to drive sustainable economic growth for generations to come and advance an equitable energy transition for all.”

Although the energy transition offers significant investment potential, a critical gap exists between capital flows, with the International Renewable Energy Agency estimating US$35 trillion as being required by 2030 to facilitate a fair and systemic energy transition, creating challenges for governments, energy companies, and financial institutions in providing the necessary funding.

The collaboration will focus on leveraging advanced technologies in the energy sector. (Image source: AIQ)

Artificial intelligence solutions providers AIQ and Inception have signed an agreement to drive technology innovation and transformation in the energy sector

Announced at GITEX Global 2024 in Dubai, the partnership will aim to enhance efficiency, improve safety and sustainability, and reduce costs through revolutionary near-real time data processing, advanced multi-modal insights, and AI-assisted automation across the entire energy value chain.

“Joining forces with Inception in this strategic partnership will see AIQ unlock new opportunities for growth and transformation in the Energy sector, pushing the boundaries of AI innovation and driving real, impactful change,” said Magzhan Kenesbai, acting managing director at AIQ. “This collaboration is testament to our commitment to enhancing productivity and sustainability, while reinforcing the UAE’s position as a global hub for technological excellence.”

Ashish Koshy, chief operating officer of Inception, said, “Our partnership with AIQ marks a defining moment in how artificial intelligence combined with domain expertise can accelerate innovation in the Energy sector. By combining our expertise in large language and advanced AI models with AIQ’s industry expertise and proven track record in the Energy sector, we are confident that together we will deliver solutions that will set new standards for operational excellence, efficiency, and sustainability. Our partnership with AIQ marks a defining moment in how artificial intelligence can accelerate innovation in the energy sector.”

The collaboration will focus on leveraging advanced technologies that enable faster decision-making and improve real-time data processing capabilities, empowering the energy sector to navigate the complexities and demands of operations with greater intelligence and agility. As part of the agreement, both companies will also explore opportunities to enhance AI models and accelerate the deployment of AI solutions across the energy value chain.

Parker will present renewable energy solutions at ADIPEC. (image source: Parker Hannifin)

Parker Hannifin, the global leader in motion and control technologies, will showcase innovative solutions that enable the transition to cleaner energy sources, including wind and hydrogen, at ADIPEC

Parker’s expert team will be available to discuss how the company’s advanced, interconnected solutions can support customers’ energy projects by enabling improved performance and efficiency that lead to reduced emissions and consumption of natural resources. The renewable energy solutions presented at the tradeshow are designed and tested to meet market demands and to provide long-lasting value throughout their lifetime. Visitors will be able to explore Parker’s technology for refuelling operations and alternative energy production and storage, especially for hydrogen, where the company has more than 60 years’ of experience.

Parker’s portfolio features nearly one million safe, strong, and lightweight products designed to address engineering challenges across the upstream, midstream, and downstream sectors. The company works closely with OEMs, Engineering Procurement Companies (EPCs), and distributors to optimise designs and product selection, ensuring efficiency, reliability, and asset integrity. This collaboration helps maximise productivity and minimise costly downtime, enhancing safety and operational performance. Parker distribution partners who will also be present at ADIPEC include ESMA, SUPERTECH GROUP, MONILEK (PETROTECH) and GASOS.

“As a trusted partner to leading players in the energy sector, Parker brings over a century of expertise in fossil fuel energies. We are uniquely positioned to support our customers on their journey towards cleaner, more sustainable energy solutions,” said Henrik Albrektson, VP sales companies for Parker in Europe, the Middle East, and Africa.

ADIPEC takes place from 4-7 November at the Abu Dhabi National Exhibition Centre.

The VRW536M oil-free compressor. (Image source: AERZEN)

Compressor technology pioneer AERZEN will be at ADIPEC in Abu Dhabi from 4-7 November to present its large portfolio of trend-setting blower and compressor solutions as well as its engineering expertise

A leading supplier of technical solutions for process gas applications, the innovation leader realises customised concepts with maximum efficiency, safety and economy. The credo: it’s not the machine that determines the process – it’s the process that determines the machine.

Air and process gas compressing or handling are required in all key industrial sectors – also in critical or demanding areas. The requirements for the blowers and compressors used are as varied as the applications themselves. As a competent and experienced partner to the process gas industry AERZEN knows exactly what the application-specific challenges are, and supports applications with sustainable state-of-the-art technologies, a wide range of services, the highest product quality, customised engineering and high-end technological solutions.

Hydrogen compression with screw compressors

For the compression of hydrogen in the low-pressure range, screw compressors are a sensible solution or supplement to high-pressure compressors. Due to their design-related internal compression without free inertia forces, screws are above all reliable and flexible endurance runners with very low maintenance intensity and comparatively low operating costs in full and partial load operation. The AERZEN range includes both oil-free (VRW series) and oil flooded (VMY series) versions and achieves top marks in the ranges of efficiency, installation space, economy and process reliability.

Green gas: AERZEN biogas solutions

Whether producing biomethane, feeding it into kilometre-long supply networks or pre-pressure generation for block-type thermal power stations: Suitable for the different required suction and final pressures and processes, AERZEN offers a customised portfolio of blowers and compressors specially developed for the biogas market . These include the oil-injected screw compressor series VMX and VMY. The packages are characterised by maximum energy efficiency, system availability and service-friendliness as well as a large variety of types and many modification options. They work reliably in operation 24 hours a day. A particular advantage is the TÜV-certified explosion pressure shock resistance up to 12 bar. This means that the machines are also approved for operation in processes with internal ATEX zone 1.

Oil-free process air for sensitive fields of application

AERZEN oil-free screw compressors are used where the quality of the conveying medium has a decisive influence on the production process. This is the case, for example, in chemical process technology, electronics and semiconductor production. The innovative compressed air technology developed by AERZEN is absolutely oil-free in accordance with ISO 8573-1, class 0 and guarantees 100% product purity. One example of customised engineering is the 2C G package based on the double-stage screw compressor series 2C, which was specially developed for handling and processing boil-off gas (BOG) in the shipping industry. The machines fulfil the safety requirements of DIN EN 1012-3 for flammable gases and guarantee maximum process safety.

Digital innovation

Integrating new blower and compressor technology into an existing plant requires precise planning and perfect engineering. Digital innovations such as virtual reality make this process easier and are a real game changer for retrofit projects. For years, AERZEN has been working closely with partners in the field of 3D laser measurement in system manufacture. Using ultra-modern scanning technology, the plant and its surroundings are captured from various perspectives without any gaps, generating a complete 3D representation in the highest resolution and with minimum tolerance. Thanks to the true-to-original visualisation, design engineers no longer work in an empty room when converting and modernising existing systems, but directly in the customer's original environment with all actual dimensions and full transparency. This ensures absolute planning and design reliability and leads to a considerable reduction in investment costs.

You will find AERZEN at ADIPEC 2024 in Hall 8, German Pavillion, Stand 8832.