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Solar, biofuels, and sustainability updates from Turkey, the UAE, and Saudi Arabia
Stories on our radar this morning from around the region
EBRD extends USD 60 mn loan for 116 MW Turkish wind energy project
Turkey has set an ambitious target to reach net zero by 2053
TODAY: It’s an M&A heavy day + A new air-to-water facility lands in the UAE
What we’re tracking this morning regionally and around the world
Turkey’s Smart Solar to build PV cells manufacturing plant in Bulgaria
The project’s output will be directed as exports to Germany, the Netherlands, Italy and Austria
ITFC extends USD 100 mn to Turkey’s TKYB to strengthen food security
The funding aims to improve the management of the agricultural and food sectors to effectively address climate-induced supply chain disruptions
Morocco + Turkey to each get a new lithium battery factory
Morocco’s factory will have a production capacity of 60k tons of lithium-ion battery anode materials annually
UK + Poland kick in EUR 249 mn to fund Turkish solar project
The loan will fund the construction of Turkey’s second-largest solar project
TODAY: More wind for Egypt + Veolia sells Morocco’s Lydec
What we’re tracking this morning regionally and around the world
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