{"id":76801,"date":"2023-04-04T11:20:26","date_gmt":"2023-04-04T11:20:26","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=76801"},"modified":"2025-12-15T08:45:17","modified_gmt":"2025-12-15T08:45:17","slug":"saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/","title":{"rendered":"Saudi Electricity's dual-tranche green sukuk issuance is red-hot"},"content":{"rendered":"<section id=\"76803\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76803\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\">\r\n                            TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/&title=TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=TODAY%3A+Saudi+Electricity%27s+dual-tranche+green+sukuk+issuance+draws+big+interest+%2B+Egypt%E2%80%99s+500+MW+Ras+Ghareb+wind+farm+achieves+financial+close+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Ftoday-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76804\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/284-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"284.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76803\" class=\"content-area-description single-story post-76803 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterpriseclimate tag-eu tag-evs tag-green-hydrogen tag-mining tag-renewables tag-us tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, friends. <\/strong>The news cycle shows no signs of slowing down, bringing us plenty of regional updates from across several sectors.<\/p>\n<p><strong>THE BIG CLIMATE STORIES- <\/strong>Saudi Electricity\u2019s dual-tranche green sukuk issuance is drawing huge demand, pulling in over USD 15 bn of subscriptions. Over in Egypt, Red Sea Wind Energy (RSWE) \u2014 a JV between Orascom Construction (OC), Japan\u2019s Toyota Tsusho Corporation\/Eurus Energy Holdings Corporation, and France\u2019s Engie \u2014 has achieved financial close for its 500 MW wind farm near Egypt\u2019s Ras Ghareb.<\/p>\n<p><strong>^^We have all the details on these stories and more in the news well, below.<\/strong><\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- Delivering a blow to sustainable<\/strong><strong> mobility, Paris votes by a landslide to ban e-scooter rentals:<\/strong> In a rare city-wide referendum on Sunday, 89% of Parisian voters elected to take shared e-scooters off the French capital\u2019s streets as of September. The referendum saw low turnout, with 7.46% of the city\u2019s eligible voters casting ballots.<\/p>\n<p><strong>Could there be recourse?<\/strong> E-scooter operators, including Germany\u2019s Tier, Uber-backed Lime, and Franco-Dutch firm Dott \u2014 whose contracts will expire on 1 September and will not be renewed per the consultation\u2019s result \u2014 hope the low turnout may persuade French lawmakers to agree to a compromise that would not see an outright prohibition of the EVs. The electric vehicles\u2014 known to locals as \u201ctrottinettes\u201d since their introduction in 2018 \u2014 have proven to be a nuisance to Parisians who regard the devices as hazards that block up public spaces. In spite of imposing speed limits for the EVs, Paris recorded <a href=\"https:\/\/www.onisr.securite-routiere.gouv.fr\/sites\/default\/files\/2023-01\/2023%2001%2031_ONISR_Accidentalit%C3%A9_Bilan_provisoire_2022_0.pdf\">34 deaths<\/a> and <a href=\"https:\/\/www.lefigaro.fr\/faits-divers\/paris-3-morts-et-459-blesses-en-2022-par-des-trottinettes-electriques-et-autres-engins-motorises-individuels-20230127\">some 500 serious injuries<\/a> in 2022 alone from scooters and similar mobility offerings.<\/p>\n<p><strong>The story is getting widespread coverage in the international press: <\/strong><a href=\"https:\/\/apnews.com\/article\/france-paris-voting-transport-scooters-technology-5e445e326202b09ac32e5a63f437c5a7\">Associated Press<\/a> | <a href=\"https:\/\/www.reuters.com\/world\/europe\/parisians-vote-ban-e-scooters-french-capital-2023-04-02\/\">Reuters<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-03\/paris-referendum-bans-electric-scooter-rentals\">Bloomberg<\/a> | <a href=\"https:\/\/www.nytimes.com\/2023\/04\/03\/world\/europe\/paris-electric-scooters-ban.html\">The New York Times<\/a> | <a href=\"https:\/\/www.bbc.com\/news\/world-europe-65154854\">BBC<\/a> | <a href=\"https:\/\/www.ft.com\/content\/0569c749-5ce2-4cff-ab1b-0a70e78552ea\">Financial Times<\/a> | <a href=\"https:\/\/www.washingtonpost.com\/world\/2023\/04\/03\/paris-vote-e-scooter-ban\/\">The Washington Post<\/a> <a href=\"https:\/\/www.dw.com\/en\/paris-votes-to-ban-rental-e-scooters\/video-65217209\">Deutsche Welle<\/a> | <a href=\"https:\/\/www.france24.com\/en\/europe\/20230402-parisians-vote-to-ban-for-hire-e-scooter-rentals-from-french-capital\">France 24<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a><strong> WATCH THIS SPACE #1- The UN will receive ocean mining applications by July:<\/strong> The UN\u2019s International Seabed Authority (ISA) said it would begin accepting permit applications from corporations looking to launch deep-sea mining projects in July following two weeks of negotiations on standards and requirements of the new practice, <a href=\"https:\/\/www.reuters.com\/business\/environment\/un-start-taking-deep-sea-mining-applications-this-july-2023-03-31\/\">Reuters<\/a> reported. The deep-sea mining projects aim to extract critical minerals essential to EV battery production including cobalt, copper, nickel, and manganese, the newswire notes. A notable sticking point in the decision is the lack of a standard mining code that would guide ISA in its application reviewing process, <a href=\"https:\/\/www.dw.com\/en\/un-to-start-allowing-deep-sea-mining-applications-from-july\/a-65202212\">Deutsche Welle<\/a> notes.<\/p>\n<p><strong>REMEMBER- The UN finalized its High Seas Treaty in March after prolonged negotiations<\/strong><strong> on marine resources: <\/strong>Over 100 countries struck a landmark agreement last month to protect at least 30% of international waters by 2030. The UN High Seas Treaty reportedly took over <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1999f7a3-9f3b-4811-915f-b7aaa48b900b\">36 hours of negotiations<\/a> before being hammered out. Notable sticking points stalling the consensus included a clause on the share of \u201cmarine genetic resources,\u201d with negotiators reportedly locking horns on the division of rewards from new marine resources.<\/p>\n<hr class=\"grey-line\">\n<p><strong>WATCH THIS SPACE #2-<\/strong> <strong>Canada says Biden\u2019s Inflation Reduction Act has created \u201can<\/strong><strong> unlevel playing field\u201d:<\/strong> Washington\u2019s USD 369 bn Inflation Reduction Act (IRA) is waging a \u201ccarbon subsidy war\u201d against Canada, the EU, Japan, and other countries scrambling to match the US government\u2019s clean energy handouts, Canada\u2019s Natural Resources Minister Jonathan Wilkinson tells <a href=\"https:\/\/www.ft.com\/content\/4b102da2-5f3e-4046-8d12-ab9e3ca89332\">the Financial Times<\/a>. The IRA, coupled with the US\u2019 unmatched \u201cfiscal latitude,\u201d could result in fiercer global trade competition between the US and its allies, Wilkinson warned. Canada\u2019s federal budget currently has some USD 13 bn earmarked for clean energy subsidies. On Friday, the US Treasury Department laid out subsidy criteria for the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d996165d-0386-422f-822a-681f3246d700\">USD 7.5k tax credits<\/a> of the IRA, announcing that rare earths extracted from freetrade partners \u2014 including from Canada, which has lithium, cobalt, nickel, and copper reserves \u2014 would benefit from the tax breaks.<\/p>\n<p><strong>WATCH THIS SPACE #3- Ford plans to <\/strong><strong>roll out<\/strong><strong> its EVs in the GCC by 2024<\/strong>, Managing Director for the Middle East and Africa Chris Noel told <a href=\"https:\/\/www.asharqbusiness.com\/article\/48718\/%D9%81%D9%88%D8%B1%D8%AF-%D8%AA%D8%B7%D8%B1%D8%AD-%D8%A3%D9%88%D9%84-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA%D9%87%D8%A7-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A%D8%A9-%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC-%D9%81%D9%8A-2024\/\">Asharq Business<\/a> last week. The specific timeframe of the EVs\u2019 arrival to the region was not disclosed, nor were the specific Ford models that would be on offer. Noel noted that delays in MENA rollouts are attributable to Ford\u2019s current limited production capacity.<\/p>\n<hr class=\"grey-line\">\n<p><strong>THE GREAT DEBATE<\/strong><strong>-<\/strong><strong> The world will need to rely on clean energy bridges like hydrogen<\/strong><strong> and natgas in its transition to renewables<\/strong>, World Energy Council CEO Angela Wilkinson tells <a href=\"https:\/\/www.cnbc.com\/2023\/04\/03\/hydrogen-a-clean-energy-bridge-for-renewables-expansion-ceo.html\">CNBC<\/a>. The transition to renewables won\u2019t be perfect, Wilkinson said, noting that hydrogen and natural gas projects complemented with carbon capture and storage tech will prove essential to meeting climate targets. The International Panel on Climate Change must, when it sets climate targets, take into account that the transition to clean energy is coinciding with industrial and political transitions that require power to fuel growth, Wilkinson said. To meet climate targets, cross-border and cross-sector collaboration will be needed on a range of clean energy and carbon offsetting projects, and significant infrastructural developments upscaling grid connectivity will also be critical to realizing global climate targets, she added.<\/p>\n<p><strong>THE GOOD NEWS- Global gas flaring dropped 5 bn cubic meters in 2022: <\/strong>Global gas flaring levels dipped by some 3% y-o-y in 2022, dropping 5 bn cubic meters \u2014 the lowest level since 2010, according to the World Bank\u2019s <a href=\"https:\/\/thedocs.worldbank.org\/en\/doc\/5d5c5c8b0f451b472e858ceb97624a18-0400072023\/original\/2023-Global-Gas-Flaring-Tracker-Report.pdf\">Global Gas Flaring Tracker<\/a> report released last week. Global flaring intensity fell to 4.7 cubic meters (cbm) per barrel of oil in 2022 from 5.1 cbm in 2021, indicating a \u201cgradual and sustained decoupling of oil production from flaring,\u201d according to the report. From our neck of the woods, Algeria, Iraq, Libya, and Iran were ranked among the world\u2019s top nine flaring countries in 2022. Between 2014 and 2018, MENA as a whole accounted for 40% of the world\u2019s flaring, with <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3881d67a-9a33-4f65-9559-dd6f8818751f\">75% of MENA flaring<\/a> contributed by Iraq, Iran and Algeria.<\/p>\n<p><strong>REFRESHER-<\/strong> Oil companies worldwide flared 144 bn cbm of gas in 2021, releasing around 400 mn metric tons of CO2 equivalent into the atmosphere. Capturing flare gas and using it to generate power is seen as a solution to that problem. <strong>Need a recap on why gas flaring is so bad for the environment?<\/strong> <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3881d67a-9a33-4f65-9559-dd6f8818751f\">We\u2019ve got you covered<\/a>.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><p>***<br \/>\n <strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday at 4am Cairo \/ 5am Riyadh \/ 6am UAE.<\/p>\n<p><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong> <a href=\"http:\/\/www.enterprise.news\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, and The Weekend Edition on our powerful new website packed with reader-friendly features.<\/p>\n<p>Were you forwarded this email? <strong>Get your own <\/strong><strong><a href=\"https:\/\/climate.enterprise.press\/subscribe\/\">subscription without charge here<\/a><\/strong> or reach out to us on <a href=\"mailto:climate@enterprisemea.com\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/>\n <strong>***<\/strong><\/p>\n<p><strong>COME TO OUR NEXT ENTERPRISE FORUM- <\/strong><\/p>\n<p class='web-image' ><a href='https:\/\/exportsfdi.enterprise.press\/registration.html'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/832.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><strong>We are delighted to share with you that the Enterprise Exports & FDI Forum<\/strong> will be taking place on <strong>15 May<\/strong> at <strong>the Four Seasons Hotel at Nile Plaza in Cairo.<\/strong><\/p>\n<p><strong>DO YOU WANT TO ATTEND?<\/strong> If you\u2019re a C-suite exec, exporter, investor, official, banker, or someone who should be part of the conversation, please <a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\">click here<\/a> to request a spot at this exclusive event. Attendance is by invitation only.<\/p>\n<p><strong>WANT TO SHARE YOUR STORY ON STAGE?<\/strong> Drop a note to <a href=\"mailto:patrick@enterprisemea.com\">Patrick here and let\u2019s talk<\/a>.<\/p>\n<p><strong>WANT TO BECOME A COMMERCIAL PARTNER?<\/strong> Ping a note to <a href=\"mailto:mtaalab@inktankir.com\">Moustafa, our head of commercial, here<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>The UAE is hosting the International Conference on Green Energy and <\/strong><strong>Environmental Technology (<\/strong><strong><a href=\"http:\/\/www.icgeet.igrnet.org\/279\/united-arab-emirates\/\">ICGEET<\/a><\/strong><strong>) on 18 and 19 April <\/strong>in Dubai. The event will bring together stakeholders from academia, the healthcare industry, and the private sector to discuss energy conservation among other topics.<\/p>\n<p><strong>Turkey is hosting the <\/strong><strong><a href=\"https:\/\/www.irenec.org\/eng\/\">International 100% Renewable Energy Conference<\/a><\/strong><strong> from 4<\/strong><strong>-<\/strong><strong>6 May<\/strong> in Istanbul. The event will bring together experts to discuss the integration of renewables, renewable energy technologies and applications, and the <a href=\"https:\/\/www.iea.org\/reports\/net-zero-by-2050\">Roadmap to 2050<\/a>.<\/p>\n<p><strong>The first <\/strong><strong><a href=\"https:\/\/mbrsic.ae\/en\/mena-sc\/about-mena-sc\/\">MENA Solar Conference<\/a><\/strong><strong> is accepting applications from published<\/strong><strong> researchers specialized in PV technology until Sunday, 30 April.<\/strong> The Dubai Electricity and Water Authority will be hosting the conference from 15 to 18 November, in conjunction with the Water, Energy, Technology, and Environment Exhibition and the Dubai Solar Show 2023. Researchers can submit their papers <a href=\"https:\/\/mbrsic.ae\/en\/mena-sc\/paper-submission-1\/\">here<\/a>.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mining\/\">MINING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76805\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76806\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76806\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/saudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering\/\">\r\n                            Saudi Electricity Company kicks off USD 2 bn 10-year green sukuk + 30-year conventional bond offering                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/saudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/saudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/saudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Saudi Electricity Company kicks off USD 2 bn 10-year green sukuk + 30-year conventional bond offering&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/saudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/saudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering\/&title=Saudi Electricity Company kicks off USD 2 bn 10-year green sukuk + 30-year conventional bond offering\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Saudi+Electricity+Company+kicks+off+USD+2+bn+10-year+green+sukuk+%2B+30-year+conventional+bond+offering+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Fsaudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/saudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76807\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/saudi-electricity-company-kicks-off-usd-2-bn-10-year-green-sukuk-30-year-conventional-bond-offering\/moneymoneymoney-1600px-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"moneymoneymoney-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76806\" class=\"content-area-description single-story post-76806 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt tag-debt-watch tag-enterpriseclimate tag-green-bonds tag-green-sukuk tag-saudi-electricity-company wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>The Saudi Electricity Company<\/strong><strong> pulled the trigger on a fresh dual-tranche issuance of USD-denominated green and conventional sukuk<\/strong>, according to a <a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/jZDLDoJADEW_xQVbWlQQ3WFEjI-IEiPOxgw6jiQwQ3CU-PeOusL46q7tubc3BQIxEEEvKacqlYJmut8QZ2t7DjZHLs6DYdPHxbDbXwz8wMJJG9Z1AKPQ1kA4a01xiQE6QP7R44fy8LeefEWCzivwJuID-JJhDIRnMnn-wxNJy-VASnZgJSvNc6nHR6WKU89AA6uqMrmUPGPmTuYGvpMc5UlBXCfv3N3lYaLonlbnTKuJXhVUXKNrnkh9yLYshIgJKPJVjGmYr11lJ22vcQPcTGt0\/dz\/d5\/L0lDU0lKQ2dwUkNncFJDaUNsRUtJS1VRIS9ZQVVFQUFBSUlNSUVBSUNLR0tHQ0tPQk9CQ09KSkZKRk5JRUVKRERMRExOREFBISEvNEpDaWpzWXBNaFRqVUU1Q2ttb3ByZHRMWXpVczF1MmxzNXFDUUEhIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9BTk5PVU5DRU1FTlRfTlVNQkVSLzcyODY2L2NvbXBhbnlTeW1ib2wvNTExMC9odHRwOiUwJTB0YWRhd3VsJTAvYW5uQ2F0LzEvYW5JZA!!\/\">Tadawul<\/a> filing yesterday. The sale, which closes today, includes 10-year green sukuk and 30-year conventional notes, the filing says.<\/p>\n<p><strong>By the numbers:<\/strong> While the company did not specify the total value of its issuance in the filing, saying that this would be subject to market conditions, <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/saudi-electricity-raise-2-bln-with-dual-tranche-sukuk-with-green-tranche-2023-04-03\/\">Reuters<\/a> says the PIF-backed firm is planning to raise USD 2 bn from the sale. The 10-year sukuk are being offered at 165 basis points (bps) above US Treasuries (UST), while the 30-year notes are offered at 240 bps above UST, Reuters reports, citing a bank document. Both debt instruments will be listed on the London Stock Exchange at a par value of USD 200k. Annual returns will be subject to market conditions, according to the filing.<\/p>\n<p><strong>Strong investor appetite: <\/strong>The green sukuk issuance is so far nearly 7.6x oversubscribed, drawing some USD 9.2 bn in demands, while the 30-year notes have attracted some USD 6.2 bn in subscriptions, making it c. 7.8x oversubscribed, the newswire reports. The company initially offered the 10-year green sukuk at nearly 120 bps above UST, and 205 bps above UST for the 30-year conventional note, before tightening the spreads due to higher-than-anticipated demand, which totaled USD 15.4 bn for both issuances.<\/p>\n<p><strong>Attracting international interest: <\/strong>Demand for the green issuance was \u201cnot entirely regionally-focused, it was actually quite widespread,\u201d a source with knowledge of the transaction told the newswire, adding that there is a \u201csupply-demand imbalance\u201d in the regional sukuk debt market. Both tranches mark the first SEC issuance in two years, Reuters notes.<\/p>\n<p><strong>Advisors:<\/strong> HSBC, Standard Chartered Bank, JPMorgan, First Abu Dhabi Bank, MUFG Securities, Mizuho International, SMBC Nikko Capital Markets Limited, SNB Capital Company, Al Rajhi Capital Company, Saudi Fransi Capital, Abu Dhabi Islamic Bank, Bank of China, Abu Dhabi Commercial bank, Natixis, and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale acted as joint lead managers on the issuance.<\/p>\n<p><strong>Not SEC\u2019s first green bond issuance: <\/strong>In 2020, the company issued KSA\u2019s first corporate green sukuk, raising USD 1.3 bn from a dual-tranche Islamic green bond comprising a 5-year USD 650 mn note and a USD 650 mn 10-year sukuk, <a href=\"https:\/\/www.se.com.sa\/en-us\/Lists\/GreenSukukReports\/Attachments\/4\/SEC_Green_Sukuk_Report_2021_final.pdf\">SEC<\/a> notes.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-sukuk\/\">Green sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-electricity-company\/\">Saudi Electricity Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76808\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76808\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">WIND<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\">\r\n                            Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/&title=Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+500+MW+Ras+Ghareb+wind+farm+achieves+financial+close+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Fegypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/354.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76809\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/354-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/354.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"354.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/354.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/354.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76808\" class=\"content-area-description single-story post-76808 post type-post status-publish format-standard has-post-thumbnail hentry category-wind tag-cop27 tag-engie tag-enterpriseclimate tag-eurus-energy tag-gulf-of-suez tag-nwfe tag-orascom-construction tag-ras-ghareb tag-red-sea-wind-energy tag-toyota-tsusho tag-wind tag-wind-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Financing is locked in for Egypt\u2019s Ras Ghareb wind farm: <\/strong>The Red Sea Wind Energy (RSWE) \u2014 a JV between Orascom Construction (OC), Japan\u2019s Toyota Tsusho Corporation\/Eurus Energy Holdings Corporation, and France\u2019s Engie \u2014 has achieved a financial close for a 500 MW wind farm near Egypt\u2019s Ras Ghareb, according to a <a href=\"https:\/\/ent.news\/2023\/4\/GOS-II-Financial-Close_111.pdf\">joint statement (pdf)<\/a>. The announcement comes <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b4074868-f6de-4007-9798-a9bdee7c80fa\">a few months<\/a> after RSWE said it will receive a c. USD 501 mn syndicated loan for the farm from several development partners.<\/p>\n<p><strong>Refresher:<\/strong> Established in 2020, RSWE was created for the purpose of constructing multiple wind farms in the area, according to its <a href=\"http:\/\/www.rswe.co\/\">website<\/a>. Its ownership breakdown sees Toyota and Eurus each owning 20%, Engie holding 35% and OC owning the remaining 25% stake.<\/p>\n<p><strong>So far, so good:<\/strong> The consortium will operate the wind farm, on which stakeholders broke ground ahead of COP27 in November. The project will connect to the grid over two phases, and is expected to commence full commercial operations in 3Q 2025 under a 25-year PPA with the Electricity Transmission Company (EETC), according to the statement. It is part of the implementation of the energy pillar in the country\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/29\/this-morning-one-week-to-go-until-the-enterprise-climate-x-forum-more-friendly-winks-from-turkey-89425\/\">Nexus on Water, Food and Energy (NWFE)<\/a> flagship program which focuses on securing climate finance to some of Egypt\u2019s most important green projects.<\/p>\n<p><strong>The outcome:<\/strong> The wind farm will help slash carbon emissions by c. 1 mn tons annually and deliver clean energy to over 800k households in the country, the statement said.<\/p>\n<p><strong>Not RSWE\u2019s first rodeo: <\/strong>RSWE built Egypt\u2019s first renewable energy IPP project in Ras Ghareb with a <a href=\"https:\/\/www.engie-africa.com\/node\/25\">capacity of 262.5 MW<\/a>, completing it in 2019. This brings the consortium\u2019s wind energy capacity through the two facilities to 762.5 MW.<\/p>\n<p><strong>And there\u2019s more in the pipeline:<\/strong> OC, Toyota Tsusho, and Engie signed up to build <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/39e55e8c-4fad-48bd-bd4e-2a5d4f2960d1\">another 3<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/39e55e8c-4fad-48bd-bd4e-2a5d4f2960d1\">GW wind farm<\/a>in Egypt on the sidelines of COP, with no details disclosed on the location or timeline for the project.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/cop27\/\">COP27<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/engie\/\">Engie<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eurus-energy\/\">Eurus Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/gulf-of-suez\/\">Gulf of Suez<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nwfe\/\">NWFE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/orascom-construction\/\">Orascom Construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ras-ghareb\/\">Ras Ghareb<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/red-sea-wind-energy\/\">Red Sea Wind Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/toyota-tsusho\/\">Toyota Tsusho<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wind\/\">wind<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wind-energy\/\">Wind Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76810\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76810\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">DECARBONIZATION<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/oq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts\/\">\r\n                            OQ tapped to lead Oman\u2019s oil and gas decarbonization efforts                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/oq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/oq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/oq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=OQ tapped to lead Oman\u2019s oil and gas decarbonization efforts&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/oq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/oq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts\/&title=OQ tapped to lead Oman\u2019s oil and gas decarbonization efforts\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=OQ+tapped+to+lead+Oman%E2%80%99s+oil+and+gas+decarbonization+efforts+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Foq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/oq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/791.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76811\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/oq-tapped-to-lead-omans-oil-and-gas-decarbonization-efforts\/791-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/791.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"791.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/791.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/791.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76810\" class=\"content-area-description single-story post-76810 post type-post status-publish format-standard has-post-thumbnail hentry category-decarbonization tag-beah tag-decarbonization tag-enterpriseclimate tag-oman tag-oq tag-oq-trading tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>OQ the decarbonization king?<\/strong> Oman\u2019s state energy company OQ has been mandated by the country\u2019s Energy and Minerals Ministry to help decarbonize oil and gas concessions and industrial clusters nationwide by supplying clean energy, the company said in its <a href=\"https:\/\/ent.news\/2023\/4\/1014.pdf\">2022 annual report (pdf)<\/a>. The mandate is part of the ministry\u2019s efforts to push for decarbonization and carbon neutrality in the Gulf country.<\/p>\n<p><strong>How it will work:<\/strong> The energy company\u2019s decarbonization plan was approved by its board in December 2022, with net zero roadmaps outlined for OQ\u2019s existing operational assets in the country. The roadmaps identify opportunities in the four areas of energy excellence, clean energy, low carbon molecules, and negative emissions under efforts to decarbonize the assets and push OQ\u2019s portfolio towards greener energy.<\/p>\n<p><strong>Already planning ahead:<\/strong> OQ says a plan is in the works to decarbonize its upstream and downstream assets by swapping a share of their power from polluting energy sources to renewables. These include the Liwa Solar and Block 60 solar projects, which are currently being studied, the company said.<\/p>\n<p><strong>Decarbonize all the things:<\/strong> OQ\u2019s commodity trading subsidiary OQ Trading (OQT) signed <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/158b0586-ab9d-4075-bb0d-6a34c20480a8\">an agreement in November<\/a> with state-owned solid waste management firm Oman Environmental Service Holding Company (Be\u2019ah) to reduce greenhouse gas emissions in Oman\u2019s waste management industry. The agreement creates a framework for the two organizations to design and develop decarbonization projects in waste management and waste-to-energy.<\/p>\n<p><strong>Speaking of clean energy:<\/strong> OQ is working to help the Omani government build what it described as a hydrogen-centric economy by 2040, according to the report. It has some USD 40 bn worth of investments with partners in the pipeline for extensive green hydrogen projects that could generate over 30 GW of renewable energy in the country. The projects include Hyport Duqm, H2Oman, SalalaH2, and Green Energy Oman, OQ said, adding that it expects the projects to pass the final investment decision over the next decade.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/beah\/\">Be\u2019ah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oq\/\">OQ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oq-trading\/\">OQ Trading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76812\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76812\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/uaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project\/\">\r\n                            UAE\u2019s Hotpack Global will establish Saudi Arabia\u2019s largest eco-friendly food packaging project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/uaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/uaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/uaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE\u2019s Hotpack Global will establish Saudi Arabia\u2019s largest eco-friendly food packaging project&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/uaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/uaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project\/&title=UAE\u2019s Hotpack Global will establish Saudi Arabia\u2019s largest eco-friendly food packaging project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%E2%80%99s+Hotpack+Global+will+establish+Saudi+Arabia%E2%80%99s+largest+eco-friendly+food+packaging+project+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Fuaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/uaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/256.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76813\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/uaes-hotpack-global-will-establish-saudi-arabias-largest-eco-friendly-food-packaging-project\/256-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/256.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"256.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/256.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/256.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76812\" class=\"content-area-description single-story post-76812 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-enterpriseclimate tag-food-packaging tag-hotpack-global tag-investment-watch tag-saudi-arabia tag-waste-management wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>A new food packaging industry project for KSA<\/strong><strong>:<\/strong> The Saudi Investment Ministry signed an investment agreement with UAE-based leading food packaging manufacturer <a href=\"https:\/\/www.hotpackglobal.com\/\">Hotpack Global<\/a> to set up one of the country\u2019s biggest eco-friendly food packaging industry projects, the ministry <a href=\"https:\/\/twitter.com\/MISA\/status\/1642593917500547072\">said on Twitter<\/a>. Financial details on the amount of funding or a timeline for kicking off operations were not disclosed, but the ministry estimates the value of the project will reach SAR 1 bn over the next seven years.<\/p>\n<p><strong>Who is Hotpack?<\/strong> The company provides food packaging solutions and disposable products in eco-friendly and biodegradable categories. It currently operates in over 28 locations across the region, UK, North America, and Africa, according to its <a href=\"https:\/\/www.hotpackglobal.com\/\">website<\/a>.<\/p>\n<p><strong>The use of biowaste is on the cards:<\/strong> The project aims to incorporate agricultural waste as one of the components of basic raw materials during their production process, according to the Tweet.<\/p>\n<p><strong>And we know the kingdom is ramping up efforts in biowaste recycling:<\/strong> Saudi Arabia\u2019s state-owned National Agricultural Development Company signed an agreement with the Saudi Investment Recycling Company to jointly recycle 400k tons of biowaste yearly with the goal of converting the refuse into organic fertilizers <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9ba85875-28ad-4cd4-a389-6bbb40367a11\">in February<\/a>. KSA produces the world\u2019s largest amount of food waste on a per capita basis with over a third of food produced or imported by the kingdom going to waste, according to <a href=\"https:\/\/ent.news\/2023\/2\/663.pdf\">a study (pdf)<\/a> published by King Saud University.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/food-packaging\/\">food packaging<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hotpack-global\/\">Hotpack Global<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-management\/\">waste management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76814\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76814\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">DISTRICT COOLING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dubai-approves-contract-management-regulations-on-district-cooling\/\">\r\n                            Dubai approves contract management regulations on district cooling                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dubai-approves-contract-management-regulations-on-district-cooling\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dubai-approves-contract-management-regulations-on-district-cooling\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dubai-approves-contract-management-regulations-on-district-cooling\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Dubai approves contract management regulations on district cooling&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dubai-approves-contract-management-regulations-on-district-cooling\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dubai-approves-contract-management-regulations-on-district-cooling\/&title=Dubai approves contract management regulations on district cooling\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Dubai+approves+contract+management+regulations+on+district+cooling+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Fdubai-approves-contract-management-regulations-on-district-cooling%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dubai-approves-contract-management-regulations-on-district-cooling\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/2964.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76815\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dubai-approves-contract-management-regulations-on-district-cooling\/2964-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/2964.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2964.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/2964.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/2964.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76814\" class=\"content-area-description single-story post-76814 post type-post status-publish format-standard has-post-thumbnail hentry category-district-cooling tag-district-cooling tag-enterpriseclimate tag-mena tag-renewables tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>The Dubai Supreme Council of Energy (DSCE) has approved the final <\/strong><strong>stage of laws regulating district cooling in the Emirate of Dubai<\/strong>, <a href=\"http:\/\/wam.ae\/en\/details\/1395303144330\">Wam<\/a> reports. The laws aim to ensure contract efficiency between customers and service providers in Dubai\u2019s district cooling sector to ensure cooling energy is produced and distributed at an appropriate cost, according to Dubai Supreme Council of Energy Secretary-General Ahmed Buti Al Muhairbi.<\/p>\n<p><strong>The UAE\u2019s district cooling market is growing:<\/strong> The value of the Emirates\u2019 district cooling market stood at some USD 27 mn in 2022, and is expected to grow at a CAGR rate of 7.9% through to 2030, totaling some USD 46 mn by the end of the decade, according to research by consulting firm by <a href=\"https:\/\/www.psmarketresearch.com\/market-analysis\/district-cooling-market#:~:text=Market%20Overview,USD%2045%2C836%20million%20by%202030.\">P&S Intelligence<\/a>. The Middle East\u2019s collective district cooling market was valued at more than USD 5 bn in 2021, and is similarly projected to grow at a CAGR of 9% through to 2030, according to <a href=\"https:\/\/www.gminsights.com\/industry-analysis\/middle-east-district-cooling-market\">Global Market Insights<\/a>.<\/p>\n<p><strong>What they said:<\/strong> \u201cRegulating the district cooling sector enables the grant of licenses to service providers in line with the regulatory frameworks approved by the council to raise the efficiency of operations and ensure the quality of services provided to consumers in Dubai,\u201d Al Muhairbi said.<\/p>\n<p><strong>Significant projects have kicked off this year:<\/strong> Emirates Central Cooling Systems (Empower) signed an agreement with real estate developer Sobha Realty to provide district cooling services for eight of Sobha Harland\u2019s buildings in Dubai <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e45cf57c-54df-43df-84d3-bd48ee6c3cee\">last month<\/a>. The firm will extend its distribution network to supply 17k refrigeration tons (RT) of cooling capacity from its nearby Meydan station. Earlier in February, Empower <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59c09b51-ee0d-4536-9504-1d3d379bd570\">invested USD 122 mn<\/a> to provide 63k RT of cooling capacity to the Dubai Maritime City project, its first signed project after the company was IPO\u2019ed on the Dubai Financial Market in November.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/district-cooling\/\">district cooling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mena\/\">MENA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76816\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76816\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dewa-china-want-more-energy-cooperation\/\">\r\n                            Dewa + China want more energy cooperation                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dewa-china-want-more-energy-cooperation\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dewa-china-want-more-energy-cooperation\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dewa-china-want-more-energy-cooperation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Dewa + China want more energy cooperation&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dewa-china-want-more-energy-cooperation\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dewa-china-want-more-energy-cooperation\/&title=Dewa + China want more energy cooperation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Dewa+%2B+China+want+more+energy+cooperation+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Fdewa-china-want-more-energy-cooperation%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dewa-china-want-more-energy-cooperation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1015.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76817\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/dewa-china-want-more-energy-cooperation\/1015-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1015.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1015.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1015.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1015.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76816\" class=\"content-area-description single-story post-76816 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-climate-diplomacy tag-dewa tag-enterpriseclimate tag-renewables tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Dewa explores Chinese support on energy:<\/strong> Dubai Electricity and Water Authority (Dewa) CEO Saeed Mohammed Al Tayer and Vice Consul General of China in Dubai Liu Zhengjie met to discuss potential cooperation in energy and infrastructure, <a href=\"https:\/\/wam.ae\/ar\/details\/1395303144676\">Wam<\/a> reports. The two parties explored potential avenues for the authority and a number of unnamed Chinese companies to collaborate in several fields including the production, transport, and distribution of energy.<\/p>\n<p><strong>Expanding on existing ties:<\/strong> Several Chinese companies are cooperating with Dewa in its wide-scale projects including the <a href=\"https:\/\/www.dewa.gov.ae\/en\/about-us\/strategic-initiatives\/mbr-solar-park\">Mohammed bin Rashid Al Maktoum Solar Park<\/a> \u2014 the world\u2019s largest single-site solar park using the IPP model. The solar park will have a production capacity of 5 GW by 2030 and will help slash 6.5 mn tons of carbon emissions annually upon completion. Production capacity at the park hit over 2 GW last December, accounting for c. 14% as a share of Dubai\u2019s total electrical energy production.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/dewa\/\">DEWA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76818\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76818\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/ksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system\/\">\r\n                            KSA\u2019s Red Sea Project taps Germany\u2019s ILF Consulting Engineers to build net-carbon multi-utility system                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/ksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/ksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/ksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=KSA\u2019s Red Sea Project taps Germany\u2019s ILF Consulting Engineers to build net-carbon multi-utility system&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/ksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/ksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system\/&title=KSA\u2019s Red Sea Project taps Germany\u2019s ILF Consulting Engineers to build net-carbon multi-utility system\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=KSA%E2%80%99s+Red+Sea+Project+taps+Germany%E2%80%99s+ILF+Consulting+Engineers+to+build+net-carbon+multi-utility+system+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Fksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/ksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1016.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76819\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/ksas-red-sea-project-taps-germanys-ilf-consulting-engineers-to-build-net-carbon-multi-utility-system\/1016-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1016.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1016.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1016.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1016.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76818\" class=\"content-area-description single-story post-76818 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-acwa-power tag-also-on-our-radar tag-enterpriseclimate tag-renewables tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a><strong> Some progress for Saudi\u2019s RSP:<\/strong> Saudi Arabia\u2019s luxury <a href=\"https:\/\/acwapower.com\/en\/projects\/the-red-sea-project\/\">Red Sea Project<\/a> (RSP) has tapped Germany-based ILF Consulting Engineers as an independent engineer for the construction of its USD 1.5 bn multi-utility system, <a href=\"https:\/\/www.zawya.com\/en\/projects\/utilities\/saudi-red-sea-global-names-ilf-to-oversee-implementation-of-multi-utility-project-x08wa1zd\">Zawya<\/a> reported. The RSP \u2014 developed by Red Sea Global, a global multi-project developer fully owned by Saudi Arabia\u2019s sovereign wealth fund (PIF) \u2014 will have a net-carbon utility system providing renewable energy, potable water, wastewater treatment, district cooling, and solid waste treatment for 16 hotels, an international airport, and related infrastructure for the project\u2019s first phase.<\/p>\n<p><strong>Net-carbon how?<\/strong> The renewable energy for the project will be generated through a 340 MW solar plant, a 1.2k MWh battery energy storage system (BESS) facility and an internal combustion engine with a capacity of 108.98 MW capacity. Potable water will be delivered using a seawater reverse osmosis (SWRO) desalination plant, with district cooling made possible with a capacity of 32.5k refrigeration tons.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76820\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76820\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/could-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours\/\">\r\n                            Could the EU\u2019s net zero aviation targets spell disaster for the bloc and a boon for ours?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/could-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/could-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/could-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Could the EU\u2019s net zero aviation targets spell disaster for the bloc and a boon for ours?&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/could-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/could-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours\/&title=Could the EU\u2019s net zero aviation targets spell disaster for the bloc and a boon for ours?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Could+the+EU%E2%80%99s+net+zero+aviation+targets+spell+disaster+for+the+bloc+and+a+boon+for+ours%3F+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Fcould-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/could-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/405.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76821\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/could-the-eus-net-zero-aviation-targets-spell-disaster-for-the-bloc-and-a-boon-for-ours\/405-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/405.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"405.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/405.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/405.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76820\" class=\"content-area-description single-story post-76820 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterpriseclimate tag-eu tag-hydrogen tag-qatar tag-renewables tag-saudi-arabia tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>The EU\u2019s 2050 net-zero targets could shift air transport east and bankrupt<\/strong> <strong>Europe\u2019s aviation sector<\/strong>, industry leaders said at the Airlines for Europe (A4E) aviation summit in Brussels last week, <a href=\"https:\/\/www.zawya.com\/en\/world\/uk-and-europe\/european-aviation-sector-fears-co2-rules-could-clip-its-wings-a6ym0qds\">AFP<\/a> reports. The shift to sustainable aviation fuels and carbon emission taxes would cost the EU\u2019s aviation sector some USD 629 bn by 2050, the news outlet quotes A4E interim chief Laurent Donceel as saying. Investments toward designing and manufacturing aircraft catering to sustainable aviation fuels could cost the EU some USD 820 bn between now and 2050, Dutch-based research firm <a href=\"https:\/\/www.seo.nl\/en\/publications\/the-price-of-net-zero\/\">SEO<\/a> noted in a recent study.<\/p>\n<p><strong>EU climate targets may see our aviation sector growing: <\/strong>The EU Commission\u2019s <a href=\"https:\/\/www.europarl.europa.eu\/RegData\/etudes\/BRIE\/2022\/698900\/EPRS_BRI(2022)698900_EN.pdf\">target<\/a> to source 63% of aviation fuel from sustainable sources, including biogas, by 2050, coupled with carbon taxes levied for trips departing from and to the EU, could see intra-European passenger numbers shrink 14% by 2050, according to SEO. Markets such as Qatar, Saudi Arabia, and Turkey \u2014 where accountability measures on carbon monitoring, disclosures, and verification are not as strict as in the EU \u2014 could capitalize on their strategic locations and relatively lax environmental regulations to become transport hubs, the newswire quoted former President of France\u2019s National Aviation Federation Alain Battisti as saying at the event.<\/p>\n<hr class=\"grey-line\">\n<p><strong>India is trying to make up for its missed renewables target: <\/strong>India plans to tender green energy projects producing a combined 250 GW by March 2028, <a href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/india-issue-tenders-250-gw-new-renewable-capacity-by-march-2028-2023-04-03\/\">Reuters<\/a> reports, citing a government memo. The projects will contribute to India\u2019s goal of cutting emissions by 45% from its 2005 levels. While the country missed its target of installing 175 GW of renewable energy capacity by 2022, it is now turning its focus on climate investments and hopes to boost its renewable and nuclear energy capacity to 500 GW by 2030. As of February 2023, its renewables capacity \u2014 excluding hydroelectric and nuclear power \u2014 stands at 122 GW. Including hydro and nuclear would bring the capacity up to 175 GW, according to government data cited by Reuters.<\/p>\n<p><strong>Timeline: <\/strong>India plans to issue 15 GW of non-hydro or nuclear renewables \u2014 solar, wind, and low-carbon hydrogen \u2014 and 15 GW of nuclear and hydro power in each of the first two quarters of the current fiscal year. Another 10 GW of tender will be issued in the following two quarters, according to the memo.<\/p>\n<p><strong>The share of clean sources in India\u2019s power generation is set to double by 2047:<\/strong> The country\u2019s share of energy generated from renewables will double by 2047 to reach 90% of total generated capacity, Federal Power Secretary Alok Kumar said, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-03\/india-needs-to-double-share-of-clean-power-to-meet-climate-goals#xj4y7vzkg\">Bloomberg<\/a>. A combination of reducing coal generation and speeding up the roll out of green projects will together contribute to this goal.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hydrogen\/\">hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76822\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76822\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/tunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass\/\">\r\n                            Tunisia\u2019s Kuriat Islands set the bar for protecting the Med's Posidonia seagrass                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/tunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/tunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/tunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Tunisia\u2019s Kuriat Islands set the bar for protecting the Med's Posidonia seagrass&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/tunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/tunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass\/&title=Tunisia\u2019s Kuriat Islands set the bar for protecting the Med's Posidonia seagrass\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Tunisia%E2%80%99s+Kuriat+Islands+set+the+bar+for+protecting+the+Med%27s+Posidonia+seagrass+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F04%2Ftunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/tunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1017.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76823\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/tunisias-kuriat-islands-set-the-bar-for-protecting-the-meds-posidonia-seagrass\/1017-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1017.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1017.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1017.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1017.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76822\" class=\"content-area-description single-story post-76822 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-climate-change tag-conservation tag-enterpriseclimate tag-on-your-way-out wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Tunisia<\/strong><strong> sets the bar for effective marine protection management: <\/strong>Despite recent analysis showing that Posidonia seagrass meadows have declined by 34% over the past 50 years, conservation efforts on Tunisia\u2019s Kuriat Islands has succeeded to protect the fragile marine prairies due to effective co-management of the Marine Protected Area (MPA), conservationist Yassine Sghaier said in interview published in <a href=\"https:\/\/oceanographicmagazine.com\/features\/saving-the-mediterranean\/\">Oceanographic Magazine<\/a>.<\/p>\n<p><strong>Seagrass is the third most valuable ecosystem in the world: <\/strong>Seagrass meadows \u2014 often referred to as \u201clungs of the sea\u201d \u2014 absorbs the most carbon, produces vast amounts of oxygen, and offers coastal protection through the entrapment of sediment, Oceanographic writes. Due to its importance for the ecosystem, it is estimated to be worth over USD USD 19k per hectare per year. The meadows host around 20% of marine life in the Mediterranean.<\/p>\n<p><strong>The lack of protection spans across the Mediterranean, but the south lags further behind:<\/strong> Currently, around 2.5% of the Mediterranean is covered by MPA management plans. While 90% of protected areas are found in EU countries, 96% of Europe\u2019s MPAs still allow destructive activities within its borders, a <a href=\"https:\/\/europe.oceana.org\/press-releases\/new-study-reveals-extent-european-marine-paper-parks-96-allow\">report by Oceana<\/a> found in 2020.<\/p>\n<p><strong>What can we learn from the Kuriat Project? <\/strong>The Kuriat Project found that a co-management approach between local NGO <a href=\"http:\/\/notregrandbleu.org\/\">Notre Grand Bleu<\/a> and national agencies was an effective method of establishing a communication and outreach plan, and implementing monitoring and training programmes, the magazine writes. Yassine has collected data on bird diversity, sea turtle nesting grounds, and mapping the seagrass surrounding the islands for a decade. \u201cThe coast here is rich in diversity and that, in part, is thanks to the Posidonia surrounding the island,\u201d Sghaier tells Oceanographic.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/conservation\/\">conservation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76824\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/76824\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76824\" class=\"content-area-description single-story post-76824 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>APRIL 2023<\/strong><\/p>\n<p>6 April (Thursday): Arabia CSR Awards 2022 Clinic (online).<\/p>\n<p>18-19 April (Tuesday-Wednesday): International Conference on Green Energy and Environmental Technology (ICGEET), Dubai, UAE.<\/p>\n<p>29-30 April (Saturday-Sunday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">First COP27 transitional committee workshop<\/a>, Bonn, Germany.<\/p>\n<p><strong>MAY 2023<\/strong><\/p>\n<p>1-4 May (Monday-Thursday): <a href=\"https:\/\/www.wtm.com\/atm\/en-gb.html\">Arabian Travel Market<\/a>, Dubai, UAE.<\/p>\n<p>2-7 May (Tuesday-Sunday): <a href=\"https:\/\/www.agriculture.gov.ma\/ar\/actualites\/tnzym-almltqy-aldwly-llflaht-balmghrb-mn-02-aly-07-may-2023-bmknas\">Salon International de l\u2019Agriculture au Maroc (SIAM)<\/a>, Meknes, Morocco.<\/p>\n<p>4-6 May (Thursday-Saturday): <a href=\"https:\/\/www.irenec.org\/eng\/\">International 100% Renewable Energy Conference<\/a>, Istanbul, Turkey.<\/p>\n<p>8-10 May (Monday-Wednesday): Global Green Future Fuel, Dubai, UAE.<\/p>\n<p>8-10 May (Monday-Wednesday): <a href=\"https:\/\/www.aimcongress.com\/?gclid=Cj0KCQjw8qmhBhClARIsANAtbof4-76eS8t3Yy_1lhLnSSmgzPe4hU6hQGDG1ps8Y3Tbu7i1rowxcy4aAjetEALw_wcB\">Annual Investment Meeting<\/a>, Abu Dhabi, UAE.<\/p>\n<p>9 May (Tuesday): <a href=\"https:\/\/www.world-hydrogen-summit.com\/programme\/\">World Hydrogen 2023 Summit & Exhibition<\/a>, Rotterdam, Netherlands.<\/p>\n<p>9-10 May (Tuesday-Wednesday): <a href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-show-mena\/\">The Solar Show MENA<\/a>, Cairo, Egypt.<\/p>\n<p>16-18 May (Tuesday-Thursday): <a href=\"https:\/\/www.seatrademaritime-middleeast.com\/en\/home.html\">Seatrade Maritime Logistics Middle East<\/a>, Dubai, UAE.<\/p>\n<p>24-27 May (Wednesday-Saturday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Second meeting of the COP27 Transitional Committee<\/a>, TBD.<\/p>\n<p>29-31 May (Monday-Wednesday): <a href=\"https:\/\/www.evinnovationsummit.com\">Electric Vehicle Innovation Summit<\/a>, Abu Dhabi, UAE.<\/p>\n<p>30 May-1 June (Tuesday-Thursday): <a href=\"https:\/\/www.timeshighered-events.com\/gsd-congress-2023\">Global Sustainable Development Congress<\/a>, King Abdullah University of Science and Technology (KAUST), KSA.<\/p>\n<p><strong>JUNE 2023<\/strong><\/p>\n<p>1-3 June (Thursday-Saturday): <a href=\"http:\/\/www.envirotecener-expo.com\/\">Envirotec and Energie Expo<\/a>, Tunis, Tunisia.<\/p>\n<p>12-15 June (Monday-Thursday): <a href=\"https:\/\/saudipp.com\/\">Saudi Plastics & Petrochem<\/a>, Riyadh, KSA.<\/p>\n<p>13-14 June (Tuesday- Wednesday) <a href=\"https:\/\/thearabgreensummit.com\/\">The Arab Green Summit<\/a>, Dubai, UAE.<\/p>\n<p>13-14 June (Tuesday- Wednesday) <a href=\"https:\/\/www.bloombergneweconomy.com\/gateway-africa\/\">Bloomberg New Economy Gateway Africa Conference<\/a>, Marrakesh, Morocco.<\/p>\n<p><strong>JULY 2023<\/strong><\/p>\n<p>3-7 July (Monday-Friday): <a href=\"https:\/\/aic2023.geo.unibuc.ro\/en\/\">The 36th Conference of the International Association of Climatology<\/a>, Bucharest, Romania.<\/p>\n<p>22-23 July (Saturday-Sunday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Second COP27 transitional committee workshop<\/a>, Bangkok, Thailand.<\/p>\n<p><strong>AUGUST 2023<\/strong><\/p>\n<p>20-24 August (Sunday-Wednesday): <a href=\"https:\/\/www.worldwaterweek.org\/\">World Water Week 2023<\/a>, Stockholm, Sweden.<\/p>\n<p>29 August-1 September (Tuesday-Friday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Third meeting of the COP27 Transitional Committee<\/a>, TBD.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p>9-20 September (Saturday-Wednesday): <a href=\"https:\/\/www.un.org\/en\/conferences\/SDGSummit2023\">2023 Sustainable Development Goals Summit<\/a>, New York, USA.<\/p>\n<p>11-13 September (Monday-Wednesday): Global Congress on Renewable and Non-Renewable Energy, Dubai, UAE.<\/p>\n<p>12-15 September (Tuesday-Friday): <a href=\"https:\/\/www.wto.org\/english\/forums_e\/public_forum_e\/public_forum_e.htm\">WTO Public Forum<\/a>, Geneva, Switzerland.<\/p>\n<p><a href=\"https:\/\/www.chariotenergygroup.com\/\">Chariot Limited<\/a> and <a href=\"https:\/\/www.total-eren.com\/\">Total Eren<\/a>\u2019s feasibility study on a 10 GW green hydrogen plant in Mauritania to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f1323428-033c-4ff9-a0b6-716f87613360\">be completed<\/a>.<\/p>\n<p><strong>OCTOBER 2023<\/strong><\/p>\n<p>2-4 October (Monday-Wednesday): <a href=\"https:\/\/www.showsbee.com\/fairs\/84868-WETEX-2023.html\">WETEX and Dubai Solar Show<\/a>, Dubai, UAE.<\/p>\n<p>4 October (Wednesday): Arabia CSR Gala Awarding Ceremony, UAE.<\/p>\n<p>16-18 October (Monday-Wednesday): <a href=\"https:\/\/www.climatelinks.org\/events\/climate-week-2022-2nd-world-conference-climate-change-sustainability\">Climate Week<\/a>, Rome, Italy.<\/p>\n<p>17-20 October (Tuesday-Friday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Fourth meeting of the COP27 Transitional Committee<\/a>, TBD.<\/p>\n<p>31 October \u2013 2 November (Tuesday-Thursday): <a href=\"https:\/\/www.worldhydropowercongress.org\/\">World Hydropower Conference<\/a>, Bali, Indonesia.<\/p>\n<p><strong>NOVEMBER 2023<\/strong><\/p>\n<p>9-10 November (Thursday-Friday): <a href=\"https:\/\/www.irena.org\/News\/pressreleases\/2023\/Mar\/IRENA-To-Hold-First-Latin-American-Investment-Forum-in-Uruguay\">International Renewable Energy Agency Investment Forum<\/a>, Uruguay.<\/p>\n<p>30 November - 12 December: <a href=\"https:\/\/unfccc.int\/\">Conference of the Parties (COP 28)<\/a>, Dubai, UAE.<\/p>\n<p><strong>EVENTS WITH NO SET DATE<\/strong><\/p>\n<p><strong>End-2022 <\/strong><\/p>\n<p>KSA\u2019s Neom wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/41c4acda-ffa5-4e25-ae17-48b53fc7df69\">tender three concrete water reservoir<\/a> projects to up its water storage capacity by 6 mn liters.<\/p>\n<p><strong>2023 <\/strong><\/p>\n<p>Early 2023: Egypt\u2019s <a href=\"https:\/\/www.karmsolar.com\/\">KarmSolar<\/a> to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa55bc3-dec6-4f46-b806-25518b05cda1\">launch KarmCharge<\/a>, the company\u2019s EV charging venture.<\/p>\n<p>1Q2023: Oman will award two blocks of land for green hydrogen projects in Duqm, Oman.<\/p>\n<p>Mid-2023: Sale of Sembcorp Energy India Limited to consortium of Omani investors <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dbe558b6-6166-404f-8aa3-2bd7b56647dd\">to close<\/a>.<\/p>\n<p>Phase C of the 900-MW of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f2f525f9-dc10-477e-a2d5-67e7d6d790c2\">be completed<\/a>.<\/p>\n<p>Saudi Basic Industries Corporation (<a href=\"https:\/\/www.sabic.com\/en\">Sabic<\/a>) steam cracker furnace powered by renewable energy to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c6bbb030-2107-4aec-bc3c-9dfbe4d55975\">come online<\/a>.<\/p>\n<p>4Q2023: Oman to award four blocks of land for green hydrogen projects in Thumrait, Oman.<\/p>\n<p><strong>2024 <\/strong><\/p>\n<p>End-2024: Emirati <a href=\"http:\/\/ar.ae\">Masdar<\/a>\u2019s 500 MW wind farm in Uzbekistan to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13a804af-a659-4152-82b2-a3c920862f2b\">begin commercial operations<\/a>.<\/p>\n<p><a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\">QatarEnergy<\/a>\u2019s industrial cities solar power project <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa55bc3-dec6-4f46-b806-25518b05cda1\">will start electricity<\/a> production.<\/p>\n<p>First 1.5 GW phase of Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">be operational<\/a>.<\/p>\n<p><strong>2025 <\/strong><\/p>\n<p>Second 1.5 GW phase of Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">be operational<\/a>.<\/p>\n<p>UAE to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9ec60000-0539-4d85-baf5-5beaf020a34f\">have over 1k<\/a> EV charging stations installed.<\/p>\n<p><strong>2026 <\/strong><\/p>\n<p>1Q 2026: <a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\">QatarEnergy<\/a>\u2019s USD 1 bn blue ammonia plant <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\">to be completed<\/a>.<\/p>\n<p>End-2026: HSBC Bahrain to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a2ead528-71fb-423b-a6f8-e18b2c9897d8\">eliminate single-use<\/a> PVC plastic cards.<\/p>\n<p><strong>2027<\/strong><\/p>\n<p>MENA\u2019s district cooling market is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59376411-8296-47dc-87cc-43ddc792bba4\">expected to reach<\/a> USD 15 bn.<\/p>\n<p><strong>2030 <\/strong><\/p>\n<p>UAE\u2019s Abu Dhabi Commercial Bank (ADCB) wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\">provide AED 35 bn<\/a> in green financing.<\/p>\n<p>UAE <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a9c832ed-f423-479e-884d-90cabefe3a0b\">targets 14 GW<\/a> in clean energy capacity.<\/p>\n<p>Tunisia <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c5659c7-cf17-4cd6-9d18-c8afb5c643fb\">targets 30%<\/a> of renewables in its energy mix.<\/p>\n<p>Qatar wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7881b1d2-724a-4914-ba85-0545e72901c9\">generate USD 17 bn<\/a> from its circular economy, creating 9k-19k jobs.<\/p>\n<p>Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">generate 10.5 GW<\/a> of energy.<\/p>\n<p><strong>2035 <\/strong><\/p>\n<p>Qatar to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\">capture up to 11 mn tons<\/a> of CO2 annually.<\/p>\n<p><strong>2045 <\/strong><\/p>\n<p>Qatar\u2019s Public Works Authority\u2019s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm\/d capacity.<\/p>\n<p><strong>2050<\/strong><\/p>\n<p><a href=\"https:\/\/www.facebook.com\/Presidencedugouvernementtunisien\/posts\/pfbid02urYKuUDF91i7dtVRR3yrSFzM4p5aG1JUormqfgnbjuUMTSGzmL2DrY8Z7wyfA7vBl?locale=ar_AR\">Tunisia\u2019s carbon neutrality target<\/a>.<\/p>\n<p><strong>2060 <\/strong><\/p>\n<p>Nigeria aims to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\">achieve its net-zero<\/a> emissions target.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":76802,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-76801","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"28553370-6cc1-430a-8b66-6782abb61386","teaser":"","photo_url":"https:\/\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Saudi Electricity&#039;s dual-tranche green sukuk issuance is red-hot - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Electricity&#039;s dual-tranche green sukuk issuance is red-hot\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T08:45:17+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/\",\"name\":\"Saudi Electricity's dual-tranche green sukuk issuance is red-hot - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-04-04T11:20:26+00:00\",\"dateModified\":\"2025-12-15T08:45:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/climate\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Saudi Electricity&#8217;s dual-tranche green sukuk issuance is red-hot\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Saudi Electricity's dual-tranche green sukuk issuance is red-hot - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/","og_locale":"en_US","og_type":"article","og_title":"Saudi Electricity's dual-tranche green sukuk issuance is red-hot","og_url":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/","og_site_name":"Climate","article_modified_time":"2025-12-15T08:45:17+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/","url":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/","name":"Saudi Electricity's dual-tranche green sukuk issuance is red-hot - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1","datePublished":"2023-04-04T11:20:26+00:00","dateModified":"2025-12-15T08:45:17+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/issues\/saudi-electricitys-dual-tranche-green-sukuk-issuance-is-red-hot\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/climate\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Saudi Electricity&#8217;s dual-tranche green sukuk issuance is red-hot"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/76801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/76801\/revisions"}],"predecessor-version":[{"id":76834,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/76801\/revisions\/76834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/76802"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=76801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=76801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=76801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}