EDF and Korea Western Power tapped to build 1.5 GW Al Ajban solar project

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WHAT WE’RE TRACKING TODAY

TODAY: EDF + Korea Western Power tapped to build 1.5 GW Al Ajban solar project

Good morning, friends. The week is quietly coming to a close and we have news on the solar energy front coming from the UAE. Curious whether all those agreements for green hydrogen exports to the EU are feasible? We have a deep dive on that topic further down.

THE BIG CLIMATE STORY OUTSIDE THE REGION- It’s quiet on the international climate front, but one story making a blip on the radar is news of Google joining a mission to track methane emissions from space. The tech giant is joining a satellite project led by France’s EDF which will track methane output around the world. Google will leverage Google Cloud to provide the computing capabilities to process intel and use AI to zero in on fossil fuels components including oil tanks in a bid to create a comprehensive map of methane leaks globally. The project is due to be launched next month and data from the satellite will be available through Google Earth Engine later this year.

REMEMBER- Methane is the second most abundant anthropogenic greenhouse gas after CO2, and contributes a third of global heating driving the climate crisis. New satellite analysis by The Guardian in partnership with Kayrros revealed there were over 1.25k huge methane leaks from landfills globally between January 2019 and June 2023.

The story made headlines in the international press:Reuters | Bloomberg | BBC

SOUNDBITE OF THE WEEK- "We're going to keep burning fossil fuels and somehow magically get rid of the carbon down into the ground where there is no proof that it will stay there, but heaps of proof that it fails," Chairman of Australia’s Fortescue Metals Andrew Forrest said at the 50th anniversary meeting of the International Energy Agency.The mining giant’s executive cautioned that carbon capture tech is “a complete falsehood,” and warned business leaders against buying into the idea that leveraging carbon capture tech will eliminate the need for a fossil fuel phaseout.

Not the first time a red flag has been waved against carbon capture: Carbon capture and storage (CCS) has largely helped drive the climate emergency. “In 2021, 81% of carbon captured was actually used to produce more fossil fuels, as it was pumped underground to force out oil and gas,” Global Witness said. The Energy Transitions Commission — which includes British oil giant BP — said in a report released in November that the role CCS plays in offsetting emissions will be “vital but limited.” Hard-to-abate industries and fossil fuel producers relying on the tech to mitigate their carbon output are laboring under a “dangerous delusion,” it cautioned.

WATCH THIS SPACE-

#1- Egypt’s carbon market inches closer: The Financial Regulatory Authority (FRA) in Egypt has authorized three bodies to verify projects that claim to reduce carbon emissions — a key step towards the launch of a voluntary carbon market, according to a statement. The FRA selected TÜV Nord EGYPT and TÜV Nord Cert — both subsidiaries of the German certification firm TÜV Nord Group — and the Egyptian Center of Organic Agriculture to take on the responsibility. The FRA formed a committee to supervise and regulate the voluntary carbon market last April. The new regulator's mandate includes establishing a rulebook outlining the requirements for issuing carbon credits, mapping out the greenhouse gas disclosure schemes companies would have to follow to verify their carbon output, and setting out the criteria for selecting verified carbon crediting bodies.

ICYMI- The EGX said it planned to set up Africa’s first voluntary carbon market back in 2022. The market would allow companies in Egypt and Africa working on emissions-reducing projects to sell certified carbon credits, which can then be bought by other companies wanting to offset their emissions.

#2- Germany wants to support regional green hydrogen projects: The German Federal Ministry for Economic Cooperation and Development (BMZ) has launched a call for proposals for its EUR 270 mn Power-to-X Development Fund to support green hydrogen production projects, Morocco World News reports. Egypt and Morocco are amongst the countries eligible for the fund, which is managed by Germany’s KfW Development Bank, according to an earlier statement (pdf). The deadline for submission is on March 1.

The criteria: The grant aims to boost project profitability and facilitate additional financing opportunities for developers of industrial projects that use renewable electricity to produce hydrogen or other synthetic fuels. The fund is targeting projects exceeding EUR 100 mn and covers various stages of the green hydrogen value chain.

KfW 💚 Morocco + Egypt: Germany's KfW Development Bank has signed two development financing agreements totalling EUR 76 mn with Egypt's International Cooperation Ministry to be allocated to renewable energy and smart grid projects last month. The lender also inked three loan agreements totalling EUR 250 mn and two grant agreements worth EUR 7 mn with Morocco to fund projects related to social protection, green mobility, and improving irrigation efficiency.

#3- IEA unveils program to secure critical minerals for the energy sector: The International Energy Agency (IEA) is launching a program to secure the supply of critical minerals including lithium, cobalt, and copper, Reuters reports. The program is inspired by the IEA’s oil security mechanism, which requires member countries to hold 90 days’ worth of oil stocks. "Currently, we are A, not able to keep up with the demand, and B, the ability of manufacturing these critical minerals is concentrated in one single country or two," IEA executive director Fatih Birol said.

A rebuke to China? The minerals giant is the main producer of 30 out of 50 critical materials and imposed curbs on exports of critical minerals last year to retain its dominance over the supply chain, the newswire writes. China controls over 70% of the world's rare earth production.

#4- TotalEnergies’ CEO thinksthe IMF’s debt rules are stunting the growth of Africa’s green energy sector, Reuters reports, citing comments made by Patrick Pouyanne at an IEA government-industry dialogue. Electricity projects in the continent suffer from “a problem of solvency,” and the IMF has been cautioning governments against extending guarantees to clean energy developers for fear of debt expansions, Pouyanne said.

First-hand experience: The company has developed two solar plants in Egypt in partnership with Proparco and the EBRD and its subsidiary TotalEren also signed an agreement for a 300k ton green ammonia facility in Ain Sokhna alongside SME investor Enara Capital. The IMF’s approach has led the company to limit green transition growth on the continent to B2B mining projects because it is an industry where Total knows they will receive payment, Pouyanne said.

The problem extends beyond Africa: The company signed an agreement with the Iraqi government to develop a 1 GW solar power plant to supply the Basrah regional grid in April 2023, and said the project’s international funders wanted more loan guarantees from Iraq than Total itself, leading the company to fully self-insure the project to avoid burdening the government with additional debt, he noted.

#5- TheEU needs better direction of green funds: The EU may need to direct more private funds into sustainable investments to achieve its net-zero economy goals, Reuters reports, citing a document it has seen. The document — which seeks member state views on the EU's financial policy for the next five years — also highlights the challenges faced by the financial services industry in creating a single market and reducing reliance on third-country providers. The EU has already introduced several rules to promote green finance, such as guidelines on sustainable investments, rules for green bonds, and mandatory disclosures for companies.

ALSO- A new study has found that EU climate policy relies too much on unproven CCS technology. The European Commission proposed to speed up the development of technologies like carbon capture and storage (CCS) in its new proposed roadmap to achieve the EU's 2040 climate target, but the commission's science advisers warn the technology is not ready to support the reduction targets. There are currently no fully operational CCS plants in Europe nor is there a system for governing and regulating the technology. There are 10 planned CCS projects but their combined carbon-capture capacity is expected to be less than what is needed to achieve the EU's 2040 climate target.

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CIRCLE YOUR CALENDAR-

Egypt will host the Egypt Energy Show from Monday, 19 February to Wednesday, 21 February in Cairo. The event will gather 35k energy industry professionals and host over 80 conferences on energy transition and sustainable production.

The UAE will host the Management and Sustainability of Water Resources Conference from Monday, 26 February to Wednesday 28 February in Dubai. Water availability in arid and semiarid regions, global water issues, and future water and environmental challenges are all on the agenda.

Saudi Arabia will host the International Conference on Sand and Dust Storms in theArabian Peninsula from Monday, 4 March to Wednesday, 6 March in Riyadh. The conference will address regional challenges caused by sand and dust storms and discuss monitoring systems, mitigation strategies, economic and infrastructural impacts, and more.

Check out our full calendar on the web for a comprehensive listing of upcoming news events, national holidays and news triggers.

EDF and Korea Western Power set to build UAE’s 1.5 GW Al Ajban solar project

Ewec taps EDF + Kowepco for Al Ajban project: The Emirates Water and Electricity Company (Ewec) has selected a consortium comprising France’s EDF and Korea Western Power (Kowepco) to develop the 1.5 GW Al Ajban solar IPP project for an estimated investment ticket of USD 748 mn, Asharq Business reports, citing a Koewpco statement.

What we know: The plant will break ground in June and is set for completion in 2026. The consortium estimates the plant will generate around USD 2.24 bn in revenues and Ewec will be the sole offtaker for the project for a period of 30 years.

About the project: Al Ajban — Ewec’s third solar power project — is expected to generate enough electricity to power c. 160k homes across the country, according to the statement. It is set to raise Ewec’s total solar power capacity to c. 4 GW and slash Abu Dhabi’s carbon dioxide emissions by up to 2.4 mn tons annually. The company had originally planned to award the project by 4Q last year.

Ewec has more in the works: The company invited developers to submit expressions of interest to establish its 1.5 GW Khazna solar farm last September and launched a tender process for a battery energy storage system project to complete the development, financing, construction, operation, maintenance, and ownership of the greenfield facility with a power capacity of 400 MW.

Not the consortium’s first regional project: EDF and Kowepco are also currently developing Oman’s 500 MW Manah solar project. The plant will boast around 1 mn bifacial PV modules and provide clean energy for approximately 50k homes while offsetting 780k tons of CO2 annually.

The EU’s hydrogen import goals are unrealistic, study finds

Study casts doubt on the EU’s hydrogen imports plan: A new study commissioned by European environmental NGO Transport & Environment (T&E) has cast doubt on the EU's plans to import 10 mn tons of renewable hydrogen by 2030, according to a briefing of the report (pdf). The study — conducted by Ricardo consultancy — analysed the EU's needs for hydrogen imports and evaluated the potential risks and benefits of such imports from six countries which it identified are the most likely to source the majority of renewable hydrogen to the EU by the end of the decade. The goal to import 10 mn tons of renewables comes as part of the EU’s RePowerEU plan launched in 2022.

Egypt, Oman, and Morocco are amongst the six countries expected to provide the bulk of renewable hydrogen to the EU,the study found, but which have concluded is “unrealistic” when compared to legally binding targets and the actual demand for hydrogen in the bloc. The other three countries considered are Chile, Namibia, and Norway.

Limited export capacity: While the IEA estimates only 4% of the announced hydrogen projects worldwide have reached a final investment decision, 80% of projects in the six exporting countries — or 99% of the planned capacity — were still in the technical feasibility stage in 2022. The study also analysed the national hydrogen strategies of the six countries and estimated that they could export 2.6 Mt of hydrogen by 2030, significantly below the EU’s target of 10 mn tons.

The infrastructure isn’t ready either: The study also noted that the hydrogen infrastructure is currently in no place to transport the gas in its pure form, as the only feasible methods for export involve its derivatives, such as ammonia or methanol. The region's hydrogen infrastructure is still at a nascent stage, scoring 2.6 out of 5 in a survey of investors’ opinions on hydrogen production infrastructure carried out by the Global Infrastructure Investor Association last year.

Renewables could be better used to decarbonize home grids: The renewable electricity planned for hydrogen exports to Europe could significantly decarbonize the grids of those exporting countries, the data from T&E’s report found. Oman — which primarily relies on fossil fuels for its power generation — could meet 84% of its projected electricity demand and reduce its grid emissions by up to 90% if it were to use the renewables allocated for green hydrogen production set for export, locally. Morocco's and Egypt's emissions can also drop by 40% and 7% by using clean energy to feed domestic demand.

Increased demand will strain exporter’s water resources: Producing the 2.6 mn tons of hydrogen planned for export would require between 55 and 80 mn tons of water annually, the study notes, adding that pursuing the 10 mn tons hydrogen goal would raise the number to between 200 and 300 mn tons annually. Most of the countries studied are already facing water scarcity issues like low-recharge rates in Morocco and seawater intrusion in Oman. While one solution to avoid water problems in hydrogen production is to ramp up desalination projects to produce the needed water for the electrolyzer process, the tech — which Egypt and Oman has been rolling out — has financial and environmental obstacles, including the risk of released high concentrations of brine into the ocean, impacting aquatic biodiversity.

Land is limited, too: Another challenge is that the hydrogen projects would require substantial land areas to build massive renewables plants dedicated to power green hydrogen production, electrolysers, as well as export infrastructure. The estimated land requirement ranges from 3k to 13k sqkm. One example is Egypt where industries and agriculture areas are concentrated alongside the Nile and the Suez Canal, to which large-scale hydrogen projects could disturb local ecosystems and populations, especially during the construction phase.

Meeting demand domestically is more realistic: The study estimates that the EU has the potential to produce between 5.8 mn tons and 7.5 mn tons by 2030, given that the current ramp-up of renewables continues as expected. To achieve the RePowerEU goals by 2030, the production of electrolytic hydrogen in the European Union must experience a minimum annual growth rate of 97%, the study said, citing research by the think tank Zenon.

Where do e-fuels stand? The EU's regulations — which will ban the use of any fossil carbon for e-fuel production from 2041 and carbon from fossil power generation from 2036 — present a hurdle for most of the countries studied as they grapple with the lack of an alternative non-fossil carbon source for the production of synthetic fuels. While direct air capture could be employed as a carbon source for e-fuel production. only a handful of such projects have been identified so far in the six identified case studies. However, e-fuels that do not require carbon (such as e-ammonia) could be developed and imported into the EU, especially for the shipping sector which is able to use them directly

T&E recommendations on hydrogen imports: The report published seven recommendations to be considered by the EU: revise downwards the “unrealistically high” 2030 hydrogen targets for both imports and local production; focus on local production first; have exporting countries establish a legal framework to respect the principle of Free, Prior & Informed Consent of the local population; allow the industrial scale deployment of renewable sources only if undertaken simultaneously with local grid decarbonisation; have projects be conditional on an assessment of water availability, wastewater disposal, biodiversity and land use impacts; prepare a switch to sustainable carbon sourcing; and ensuring the certification of green fuels are well monitored and verified.

Fertiglobe and Tabreed report a drop in net income in 2023

FERTIGLOBE-

Fertiglobe’s bottom line dipped in 2023: UAE-headquartered urea and ammonia exporter and MENA’s largest producer of nitrogen fertilizers Fertiglobe reported a 72% y-o-y decline in adjusted net income after minorities to USD 363 mn, according to an earnings release (pdf). Revenues dipped 52% y-o-y to USD 2.4 bn.

For 4Q 2023: The company saw a 48% y-o-y drop in its adjusted net income to USD 102.5 mn in 4Q 2023, while revenues fell 39% y-o-y to USD 645.9 mn in 4Q 2023. On a quarterly basis, the company saw its net income jump 149% q-o-q, while revenues increased 23% q-o-q.

The quarterly boost was expected: The company stated last quarter that its short-term outlook was favourable given its strong order book. Fertiglobe attributed the jump in revenues to “higher sales volumes and increased ammonia prices driven by a higher gas price and tight markets due to supply disruptions.”

A look forward: Fertiglobe expects demand in the Northern Hemisphere to increase in the next season due to robust demand in other regions, including Brazil and Australia. Low stock levels in major importing regions, continued export restrictions from China, and supply chain disruptions in the Red Sea are expected to further boost prices.

TABREED-

Tabreed reported a 32% y-o-y drop in net income after minority interest to AED 426 mn in 2023, according to its financial statement (pdf). The company’s bottom line was affected by a “one-off, noncash accounting impact” from recognizing AED 359 mn in deferred tax liabilities on the back of the UAE’s new corporate tax, according to the earnings release (pdf). The company’s revenues for the year grew 9% y-o-y to AED 2.4 bn.

IFC opens access to its AI-powered ESG market analysis platform Malena

SUSTAINABILITY-

IFC launches AI-powered ESG market analysis tool: The International Finance Corporation has launched a new ESG-focused, AI-powered platform dubbed Malena which aims to help investors extract insights from previously unstructured ESG information on emerging markets and make speedy investment decisions, according to a statement. The new tool will leverage 15 years of market data and help fill a gap for investors looking to tap developing countries’ ESG sector — where there is a lack of disclosure regulations or coverage by data providers — by enabling access to intel on emissions output, gender data, and sentiment insights.

How will it help? The platform will process hundreds of pages of data — including annual reports and corporate policies — against over 1k ESG terms, predicting sentiment with an accuracy of 91%. For instance, an asset manager exploring potential investments in a company could upload 600 pages of the company's annual reports and policies on the platform, which could then promptly identify that the term "fraud" is commonly mentioned in those documents. The asset manager could then delve deeper into the occurrences of this term within the original documents to gain additional context. This information could be valuable in initiating a discussion with the company's leadership regarding governance controls.

GREEN TECH-

KSA turns to space monitoring to tackle climate change: Saudi Arabia is using space observation tech to better monitor the environment and measure the effect of its efforts to combat climate change, The National reports. The country will use space monitoring to track the impact of its Green Initiative to plant 10 bn trees to offset the effects of climate change. The country will use Earth observation and remote sensing satellites to measure the changes that take place as the trees are planted, Advisor to the chief executive of the Saudi Space Agency Mishaal Ashemimry said.

THERMAL ENERGY-

Moroccan cheese company launches new green energy unit: The Moroccan branch of Bel Group has inaugurated a new unit for producing energy from biomass at its factory in Tangier, according to a (watch, runtime 0:35). The MAD 30 mn unit uses a boiler that generates steam by heating olive residues, providing 80% of the factory’s needs for organic thermal energy.

Morocco has more plans for biomass energy: Swedish green hydrogen developer S2H2+Bm has announced plans to develop solar energy and biomass generation projects in Morocco in a bid to establish a large-scale green hydrogen plant in the African country by 2030.

NUCLEAR ENERGY-

Russia and Egypt ink uranium supply agreement: TVEL — a subsidiary of Russian state-owned nuclear developer Rosatom — has signed an agreement with the Egyptian government for the supply of low-grade uranium components, according to a statement released last week. The atomic fuel would be used to power the country’s second Experimental Training Research Reactor (ETRR-2), supplied by Argentine company Investigacion Aplicada. The Russian firm will also supply Egypt with aluminum-uranium alloys and powder used for nuclear reactor fuel elements. Deliveries are expected this year, Rosatom noted.

REMEMBER- Egypt is moving ahead with its nuclear ambitions: Rosatom kicked off construction on the fourth and final reactor of the 4.8 GW Dabaa nuclear power plant in January. The company was contracted in 2015 to handle the construction and provide fuel for Dabaa and broke ground on the USD 28.75 bn project in July 2022.

GREEN FINANCE-

ADCB and France’s Schneider Electric expand green investments in Egypt: France’s Schneider Electric has partnered with The Abu Dhabi Commercial Bank (ADCB) to finance real estate projects using energy efficient buildings and sustainable development projects in Egypt dependent on clean sources of energy, the company said. Under the partnership, ADCB will finance microgrid solutions for Schneider Electric’s Badr Factory to provide clean power to real estate projects and establish a cooled agricultural greenhouse, a water desalination unit, a water pump, and a fertilization unit in Marsa Matrouh Governorate, Daily News Egypt reports.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

Presight + Samruk-Kazyna ink agreement on green tech: UAE’s big data analytics company Presight and Kazakh sovereign wealth fund Samruk-Kazyna have inked an agreement to develop an AI supercomputer and data center cluster powered by green energy in Kazakhstan. (Statement)
UAE begins final tests on Barakah’s fourth reactor: The UAE’s 5.6 GW Barakah Nuclear Energy Plant – which is expected to become operational this year – is undergoing final tests on its fourth and final unit before connecting it to the national grid. (Wam)
UAE launches new platform to boost sustainability: The UAE’s Energy and Infrastructure Ministry has launched its Twin Digital Platform, which will display in real-time the livability and sustainability of cities on 3D models, including statistics about energy and water consumption, carbon footprint, air quality, and waste levels to support green policy implementation decision-making. (Wam)
Array Technologies expands into KSA: Solar tracking solutions company Array Technologies has signed an agreement with the Aluminum Products Company to localize its solar product manufacturing in Saudi Arabia to meet the growing demand for solar PV installations. (Press release)
Oman to ban plastic bags by 2027: Oman plans to phase out single-use plastic shopping bags by 2027. The sultanate established 10 factories to produce environmentally-friendly bags, distributing 500k of them since 2021. (Muscat Daily)
AW Rostamani to unroll Zeekr models in UAE: The UAE’s AW Rostamani Group is partnering with Geely’s EV brand Zeekr to launch its models in the country. The company is set to roll out the Zeekr 001 and Zeekr X in the UAE next month. (Trade Arabia)

Sunfire installs 20 MW electrolyzer in Finland + Japan launches world’s first sovereign transition bonds

German electrolysis company Sunfire has installed a 20 MW pressurized alkaline electrolyser at a green hydrogen and synthetic methane project in Finland, according to a statement. Production is expected to have a 3.5k ton per annum generation at full capacity and is slated for 2H 2024, the statement notes. This is the largest electrolyzer deployment in the country, and once operational is also set to have the EU’s biggest capacity alongside three other 20 MW units by Everfuel in Denmark, Ovako in Sweden, and Iberdrola in Spain, according to Hydrogen Insight.

Japan has sold JPY 800 bn (USD 5.3 bn) of the world’s first sovereign climate transition bonds, Reuters reports. The funds will be funneled towards helping the country transition to netzero by 2050, part of Japan’s plan to sell JPY 20 tn of climate bonds in the next decade. The funds are slated for projects like low-cost wind power generators and alternative fuel-ready aircraft.

Next steps: Japan’s Finance Ministry intends to follow up with an additional JPY 800 bn sale of five-year transition bonds on 27 February and JPY 1.4 tn in the upcoming fiscal year, according to the newswire.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

Honeywell’s LHOC tech heads to Japan: Japanese energy company Eneos will use Honeywell’s Liquid Organic Hydrogen Carrier technology to develop the world’s first commercial scale project allowing green hydrogen to be transported long distances. (Statement)

Atlantic ocean current circulation is on course for an abrupt shift that spells disaster

Atlantic ocean circulation is approaching a “devastating” turning point: Atlantic ocean current circulation is on course for an abrupt shift that spells disaster for the environment, The Guardian writes, citing a new study published in Science Advances. The expected shift in Atlantic meridional overturning circulation (Amoc) — which sends warm water from south to north and regulates global weather patterns — forecasts more impending extreme weather events worldwide.

What is Amoc? Amoc — which houses a section of the Gulf Stream and other strong currents — functions as a marine conveyor belt transporting heat, carbon, and nutrients from tropical regions towards the Arctic Circle. Upon reaching the Arctic, it cools and descends into the depths of the ocean. This circulation process aids in distributing energy across the globe and regulates the effects of man-made global warming.

Climate change is the culprit: Amoc is being eroded by the rapid melting of glaciers in the Arctic, which pour fresh water into the ocean and obstruct the warmer, saltier tropical water from sinking. The researchers measured salinity levels at the southern extent of the Atlantic Ocean between Cape Town and Buenos Aires, and then simulated transformations spanning 2k years using computer models of the global climate. They discovered that a gradual decrease can result in a rapid collapse within fewer than 100 years, leading to catastrophic outcomes.

Devastating consequences: The collapse of Amoc is expected to cause sea levels to rise by 1 meter in some regions in the Atlantic, flooding coastal cities. It is also expected to cause erratic fluctuations in global temperatures, causing warming in the Southern Hemisphere and cooling in the north. Europe will see its rainfall levels fall and the continent will cool dramatically, while the Amazon’s wet and dry seasons will flip, potentially driving it to its own tipping point. The speed at which climatic shifts are expected to occur will be “devastating,” rendering adaptation impossible, the study’s authors said.

When is this supposed to happen? Amoc has already declined 15% since 1950, bringing it to its weakest state in over a millennium, and one study forecasts the tipping point will occur between 2025 and 2095. A 2019 study by the IPCC projected that Amoc would weaken over this century, but that a full collapse before 2100 was unlikely.

CALENDAR

FEBRUARY 2024

19-21 February (Monday-Wednesday): Egypt Energy Show (EGYPES), Cairo, Egypt.

26-28 February (Monday-Wednesday): Management and Sustainability of Water Resources, Dubai, UAE.

26-28 February (Monday-Wednesday): Oman Conference for Environmental Sustainability, Muscat, Oman.

27-27 February (Tuesday-Wednesday): Climate Business Forum: Asia Pacific, Hong Kong, China.

MARCH 2024

4-6 March (Monday-Wednesday): International Conference on Sand and Dust Storms in the Arabian Peninsula, Riyadh, Saudi Arabia.

APRIL 2024

16-18 April (Tuesday-Thursday): World Future Energy Summit, Abu Dhabi, UAE.

16-18 April (Tuesday-Thursday): Middle East Energy, Dubai, UAE.

22-24 April (Monday-Wednesday): Oman Petroleum and Energy Show, Mustac, Oman.

23-25 April (Tuesday-Thursday): Connecting Green Hydrogen MENA, Dubai, UAE.

28-29 April (Sunday-Monday) Global Cooperation, Growth and Energy for Development,Riyadh, KSA.

28-2 May (Sunday-Thursday) Oman Sustainability Week, Oman International Exhibition Center, Muscat.

30 April-2 May (Tuesday-Thursday): Autonomous E-Mobility Forum, Doha, Qatar.

MAY 2024

7-9 May (Tuesday-Thursday): Global Waste Forum, Algiers, Algeria.

14 to 16 May (Tuesday-Thursday): Airport Show, Dubai, UAE.

19-21 May (Sunday-Tuesday): Saudi Energy Convention, Riyadh, KSA.

20-22 May (Monday-Wednesday): Electric Vehicle Innovation Summit, Abu Dhabi, UAE.

28-30 May (Tuesday-Thursday): Make it in the Emirates Forum, Abu Dhabi, UAE.

JUNE 2024

5 June (Wednesday): World Environment Day, Saudi Arabia.

OCTOBER 2024

15-17 October (Tuesday-Thursday): EV Auto Show, Riyadh, KSA.

NOVEMBER 2024

11-14 November (Monday-Thursday) Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), Abu Dhabi, UAE.

DECEMBER 2024

2-13 December (Monday-Friday): Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification, Riyadh, KSA.

EVENTS WITH NO SET DATE

2024

Early 2024: The 2023 US Algeria Energy Forum, Washington DC, USA.

12-14 February (Monday-Wednesday): Sustainable Aviation Futures MENA Congress, Dubai, UAE.

End-2024: Emirati Masdar’s 500 MW wind farm in Uzbekistan to begin commercial operations.

QatarEnergy’s industrial cities solar power project will start electricity production.

2025

International Union for Conservation of Nature World Conservation Congress, Abu Dhabi, UAE.

UAE to have over 1k EV charging stations installed.

2026

26-29 October (Monday-Thursday): World Energy Congress, Riyadh, Saudi Arabia.

UITP Global Public Transport Summit, Dubai, UAE.

Annual Meetings of the World Bank and the International Monetary Fund, Bangkok, Thailand.

1Q 2026: QatarEnergy’s USD 1 bn blue ammonia plant to be completed.

End-2026: HSBC Bahrain to eliminate single-use PVC plastic cards.

2027

MENA’s district cooling market is expected to reach USD 15 bn.

2030

UAE’s Abu Dhabi Commercial Bank (ADCB) wants to provide AED 35 bn in green financing.

UAE targets 14 GW in clean energy capacity.

Tunisia targets 30% of renewables in its energy mix.

Qatar wants to generate USD 17 bn from its circular economy, creating 9k-19k jobs.

Morocco’s Xlinks solar and wind energy project to generate 10.5 GW of energy.

2035

Qatar to capture up to 11 mn tons of CO2 annually.

2045

Qatar’s Public Works Authority’s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm/d capacity.

2050

Tunisia’s carbon neutrality target.

2060

Nigeria aims to achieve its net-zero emissions target.

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