{"id":78881,"date":"2023-08-09T01:00:43","date_gmt":"2023-08-09T01:00:43","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=78881"},"modified":"2025-12-15T09:22:23","modified_gmt":"2025-12-15T09:22:23","slug":"another-mega-green-hydrogen-project-for-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/another-mega-green-hydrogen-project-for-egypt\/","title":{"rendered":"Another mega green hydrogen project for Egypt?"},"content":{"rendered":"<section id=\"78883\" 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=\"78883\">\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\/08\/09\/today-another-mega-green-hydrogen-project-for-egypt\/\">\r\n                            TODAY: Another mega green hydrogen project for Egypt?                        <\/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\/08\/09\/today-another-mega-green-hydrogen-project-for-egypt\/\" 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(); 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USD 474 mn in a block transaction.<\/p>\n<p><strong>^^ We have more details on these stories and more in the news well, below. <\/strong><\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- A unified push to save the <\/strong><strong>Amazon: <\/strong>The leaders of South America\u2019s Amazon nations are meeting in Brazil this week under efforts by Brazilian President Luiz Inacio Lula da Silva to bring them behind a strategy for saving the world\u2019s largest rainforest. The rare conclave, which will conclude today, is being held in Belem, the rainforest city set to host the COP30 talks in 2025. It brings together officials from the eight countries that make up the Amazon Cooperation Treaty Organization \u2014 Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, and Venezuela \u2014 for the first time since 2009. Representatives from other tropical forest countries, including Indonesia, Congo, and the Republic of Congo are also taking part.<\/p>\n<p><strong>A pre-COP28 warmup for Lula:<\/strong> \u201cWe want to prepare, for the first time, a joint document by all the countries that have forests, so that we can arrive together at COP28 and have a very serious discussion with rich countries \u2014 who, since 2009, have been promising to release USD 100 bn to create a fund to help maintain forests and preserve biodiversity,\u201d Lula said last week.<\/p>\n<p><strong>REMEMBER- <\/strong>Deforestation in Brazil\u2019s Amazon <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d0eeb750-b655-45e4-95cc-d08dc4ac8bfa\">hit a six-year low in July<\/a>, according to preliminary government figures, which is in line with Lula\u2019s pledge to end deforestation by 2030. Satellite data showed that 500 square km of rainforest were cleared last month, representing a 66% fall from the corresponding month last year.<\/p>\n<p><strong>The Amazon Summit is grabbing headlines in the international press<\/strong>: <a href=\"https:\/\/www.reuters.com\/business\/environment\/amazon-nations-summit-faces-fault-lines-oil-deforestation-2023-08-07\/\">Reuters<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-08\/lula-enlists-neighbors-into-brazil-s-battle-to-save-the-amazon\">Bloomberg<\/a>| <a href=\"https:\/\/www.theguardian.com\/world\/2023\/aug\/08\/leaders-of-amazon-nations-gather-in-brazil-for-summit-on-rainforests-future\">The Guardian<\/a> | <a href=\"https:\/\/www.france24.com\/en\/live-news\/20230808-south-american-summit-seeks-roadmap-to-save-amazon-1\">AFP<\/a> | <a href=\"https:\/\/abcnews.go.com\/International\/wireStory\/amazon-rainforest-countries-open-summit-belem-brazil-102097489\">The Associated Press<\/a> | <a href=\"https:\/\/www.bbc.com\/news\/world-latin-america-66435166\">BBC<\/a><\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>WATCH THIS SPACE #1- We might be seeing \u0650Egypt\u2019s first locally made EV next <\/strong><strong>year:<\/strong> The Academy of Scientific Research & Technology (ASRT) \u2014 an affiliate of the Egyptian Higher Education and Scientific Research Ministry \u2014 has signed design and manufacturing contracts for the country\u2019s first locally made electric vehicle with unnamed private sector companies, according to a <a href=\"https:\/\/tinyurl.com\/mrk9dydu\">statement<\/a>. The signing of the contracts is part of an ASRT program launched earlier this year to increase the local manufacturing of EVs in the country, ASRT head Mahmoud Sakr said. Some 26 proposals were presented to the academy from 21 entities, including public and private sector firms, universities, and research centers. The ASRT only approved two of the proposals presented, he added.<\/p>\n<p><strong>Nine months to go:<\/strong> The mini golf-sized EV should be hitting the market in nine months, Egyptian Higher Education and Scientific Research Minister Ayman Ashour said in televised statements (<a href=\"https:\/\/www.youtube.com\/watch?v=EfQVMaeKdfY\">watch, runtime: 7:35<\/a>). The first phase of the project would see the state importing the EV\u2019s battery and engine before locally manufacturing them at a later stage, Sakr said.<\/p>\n<p><strong>The country\u2019s EV ambitions are high: <\/strong>While Egypt\u2019s industry is still nascent, two auto firms and distributors \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/91e40dce-2fd8-44ee-9a94-d83853d42252\">Misr Helwan Automotive<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e7c824ed-2d5a-4251-ab4e-152755d7c179\">Abou Ghaly Motors<\/a> \u2014 have introduced EVs to the country\u2019s car market this year. Egypt is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ec24ca3c-1d4a-44bb-bc35-f89f02588d07\">supporting Abou Ghaly<\/a> and other private sector players with incentives to get a homegrown EV industry off the ground, with the country\u2019s environment minister expecting the first locally-assembled EVs to roll off production lines in 2024.<\/p>\n<hr class=\"grey-line\">\n<p><strong>WATCH THIS SPACE #2- Egypt, KSA could join forces for an upper hand on green <\/strong><strong>hydrogen exports: <\/strong>An integration of Egypt and Saudi Arabia\u2019s green hydrogen markets would ensure they grab a third of the market share in the European and Asian markets, CEO of Hydrogen Egypt Khaled Naguib told <a href=\"https:\/\/tinyurl.com\/2kaear9b\">Asharq Alawsat<\/a>. This would account for USD 50 bn to USD 100 bn annually within a three- to five-year period, he added.<\/p>\n<p><strong>Some infrastructure is necessary:<\/strong> Naguib has urged both countries to invest in setting up pipelines connecting Egypt, Saudi Arabia, and European and Asian countries to transport hydrogen and hydrogen production technologies. He urged KSA to invest in green hydrogen and ammonia transport technology and related infrastructure.<\/p>\n<p><strong>ALSO- Could we see green hydrogen cooperation between Saudi Arabia and India? <\/strong>Saudi Arabia and India have begun initial discussions on cooperation in green hydrogen, <a href=\"https:\/\/tinyurl.com\/mryht4xw\">The Economic Times<\/a> reported, citing people it says have knowledge of the matter. They said that the talks include exploring investment opportunities, technology sharing, and joint research and development. The discussions are part of a broader agreement on undersea cable grid connectivity between the two countries, the sources said.<\/p>\n<hr class=\"grey-line\">\n<p><strong>NON-CLIMATE REGIONAL HEADLINES:<\/strong><\/p>\n<ul>\n<li><strong>Egypt:<\/strong> Exports of natural gas and liquefied gas plunged by 69.7% y-o-y in May, contributing to a 20.9% y-o-y decline in total exports to reach USD 3.4 bn from USD 4.3 bn in the corresponding month last year. (<a href=\"https:\/\/gate.ahram.org.eg\/News\/4439392.aspx\">Al Ahram<\/a>)<\/li>\n<li><strong>Saudi Arabia:<\/strong> The Saudi Cabinet has reiterated a commitment to reach a lasting peace for the Ukrainian crisis after hosting a meeting earlier this week aimed at reaching a peaceful resolution for the crisis. (<a href=\"https:\/\/www.alriyadh.com\/2026490\">Al Riyadh<\/a>)<\/li>\n<li><strong>UAE:<\/strong> The UAE has maintained its ranking as the lowest-risk country in the Middle East and Africa for 1Q 2023, according to GlobalData Regional and Global Risk Index. (<a href=\"https:\/\/www.albayan.ae\/economy\/uae\/2023-08-08-1.4707288\">Al Bayan<\/a>)<\/li>\n<\/ul>\n<p class='web-image'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/44.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>CIRCLE YOUR CALENDARS- The Enterprise Finance Forum is taking place on 18-19 September at the St. Regis Hotel in Cairo.<\/strong> This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy.<\/p>\n<p><strong><a href=\"https:\/\/finance.enterprise.news\/\">TAP OR CLICK HERE<\/a><\/strong> if you want to express interest in attending. We\u2019ll be sending out the first batch of invitations soon.<\/p>\n<p><strong>Do you want to become a commercial partner?<\/strong> Ping a note to <a href=\"mailto:mtaalab@inktankir.com\">Moustafa Taalab, our head of commercial<\/a>, or fill out <a href=\"https:\/\/finance.enterprise.news\/sponsor.html\">this form<\/a> and we\u2019ll be in touch.<\/p>\n<hr class=\"grey-line\">\n<p><strong>DID YOU MISS THE ENTERPRISE EXPORTS AND FDI FORUM? <\/strong><strong><a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136\">Tune in to the Enterprise Podcast and listen for yourself<\/a><\/strong><strong>:<\/strong> The Enterprise Podcast is back with another installment of our forum series, where we bring you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum, which took place in May.<\/p>\n<p><strong>WANT TO LISTEN? Head to: <\/strong><a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136\">Apple Podcast<\/a> | <a href=\"https:\/\/open.spotify.com\/show\/1hzX6KVJGkuj4udK2DvD5Y\">Spotify<\/a> | <a href=\"https:\/\/bit.ly\/3YqJtYX\">Google Podcast<\/a> | <a href=\"https:\/\/play.anghami.com\/podcast\/1027380974\">Anghami<\/a> | <a href=\"https:\/\/omny.fm\/shows\/the-enterprise-podcast\">Omny<\/a>.<\/p>\n<p><strong>IT\u2019S THE FINAL EPISODE- <\/strong>Our final panel of the day was, naturally, the most forward looking. Our panelists discussed how the companies \u2014 be they in age-old industries or emerging ones \u2014 have adapted to changes to better position their businesses for an uncertain future. We were joined by <strong>Nadia El Tawil<\/strong>, investment officer at pan-African private equity firm AfricInvest, <strong>Mostafa Bedair<\/strong>, CEO of Giza Seeds and Herbs, and <strong>Abdallah Sallam<\/strong>, CEO of Madinet Masr.<\/p>\n<p><strong>THE ENTERPRISE CLIMATE FORUM SERIES KICKS OFF NEXT SUNDAY- <\/strong>Fresh off the heels of a successful COP27, we held our first forum at the Grand Egyptian Museum, diving deep into the fundamentals of what we think is the world\u2019s most important industry. The conversations ranged from exploring the business opportunities for Egyptian entrepreneurs, companies and startups in climate, to demystifying green hydrogen, and how we finance our green transition.<\/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 by 5am 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>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>Sweden will host <\/strong><strong><a href=\"https:\/\/www.worldwaterweek.org\/\">World Water Week<\/a><\/strong><strong> from Sunday, 20 August to Wednesday, 24 August<\/strong> in Stockholm. Organized by the Stockholm International Water Institute, the event will bring together policy makers, NGOs, and private sector players to discuss innovative solutions to managing water and how to tackle food security, biodiversity, and climate change.<\/p>\n<p><strong>The US will host the <\/strong><strong><a href=\"https:\/\/crgconferences.com\/recycling\/\">International Conference on Recycling and Waste Management<\/a><\/strong><strong> and <\/strong><strong>the <\/strong><strong><a href=\"https:\/\/crgconferences.com\/environmental\/\">International Conference on Environmental Sustainability and Climate Change<\/a><\/strong><strong> from Monday, 21 August till Tuesday, 22 August<\/strong> in Philadelphia. The waste management conference will gather environmental engineers, and recycling, wastewater treatment, and climate researchers to discuss trends and innovations in plastics recycling, wastewater treatment, and renewable energy. The sustainability and climate change conference will bring together researchers and industry leaders to spotlight innovations in environmental science, climatology, renewable energy, and pollution control.<\/p>\n<p><strong>The Dominican Republic will host the <\/strong><strong><a href=\"https:\/\/unfccc.int\/event\/tc3\">COP27 Transitional Committee<\/a><\/strong><strong>from Tuesday, 29 August to Friday, 1 September<\/strong>. The meeting aims to establish institutional arrangements, modalities, governance structures, and terms of reference for the landmark Loss and Damage Fund. It also wants to expand sources for climate funding under the program.<\/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\/egypt\/\">Egypt<\/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\/saudi-arabia\/\">Saudi Arabia<\/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=\"78885\" 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=\"78886\" 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=\"78886\">\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\">GREEN HYDROGEN<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/\">\r\n                            Egypt is evaluating a proposal for a new mega green hydrogen facility + issues more golden licenses for renewables projects                        <\/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\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/\" 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\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/')\">\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\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/\">\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 is evaluating a proposal for a new mega green hydrogen facility + issues more golden licenses for renewables projects&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/\">\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\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/&title=Egypt is evaluating a proposal for a new mega green hydrogen facility + issues more golden licenses for renewables projects\">\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+is+evaluating+a+proposal+for+a+new+mega+green+hydrogen+facility+%2B+issues+more+golden+licenses+for+renewables+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Fegypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects%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\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2234.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78887\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/2234-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2234.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2234.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2234.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2234.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78886\" class=\"content-area-description single-story post-78886 post type-post status-publish format-standard has-post-thumbnail hentry category-green-hydrogen tag-egypt tag-enterpriseclimate tag-green-hydrogen 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>The Egyptian Cabinet is evaluating a proposal by an undisclosed <\/strong><strong>international company looking to set up a mega green hydrogen facility<\/strong>, according to a <a href=\"https:\/\/tinyurl.com\/26rxf2e7\">statement<\/a>. The statement did not name the company presenting the proposal or provide a timeframe for the planned project.<\/p>\n<p><strong>What we know:<\/strong> The plant\u2019s production capacity is estimated at 400k tons per year, the statement said, with production earmarked for export to Europe at an estimated value of USD 1 bn. The facility would source its power needs from 15 GW of solar energy, the statement added.<\/p>\n<p><strong>What\u2019s next: <\/strong>Feasibility projects for the project will begin in the coming period, with a \u201cprime location\u201d selected for the facility, the statement said, without providing further details.<\/p>\n<p><strong>ALSO- Egypt is fast tracking more green hydrogen and wind projects:<\/strong> The Egyptian government awarded four more golden licenses to undisclosed wind energy and green hydrogen projects, <a href=\"https:\/\/attaqa.net\/2023\/08\/07\/%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D9%87%D9%8A%D8%AF%D8%B1%D9%88%D8%AC%D9%8A%D9%86-%D8%A7%D9%84%D8%A3%D8%AE%D8%B6%D8%B1-%D9%88%D8%B7%D8%A7%D9%82%D8%A9-%D8%A7%D9%84%D8%B1%D9%8A\/\">Attaqa<\/a> reports, citing statements made by Egypt\u2019s General Authority for Freezones and Investment CEO Hossam Heiba. A golden license is a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87652563-d0ea-4bdd-bf65-b1ccedb390f3\">single approval<\/a> covering everything from project establishment, including land allocation and building licensing, through to project operation and management.<\/p>\n<p><strong>Egypt is on a golden streak: <\/strong>Egypt <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e9bb488d-340c-4d8e-a6cf-a17792457994\">approved a golden license<\/a> to fast track work on the 500 MW Gulf of Suez wind farm being built by Egypt\u2019s Orascom Construction, France\u2019s Engie, and Japan\u2019s Toyota Tsusho and Eurus Energy back in May. Earlier in December, the government <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ecc04454-202c-4594-a155-94ea31ed01bc\">awarded golden licenses<\/a> for Egypt Green Ammonia Company\u2019s USD 5.5 bn green ammonia plant in Ain Sokhna and the Fertiglobe-Scatec-Orascom Construction consortium\u2019s USD 135 mn, <a href=\"https:\/\/enterprise.press\/stories\/2022\/04\/03\/scatec-inks-ain-sokhna-green-hydrogen-pact-with-sfe-and-oc-68181\/\">100 MW green hydrogen plant<\/a>, which kicked off operations on its initial phase 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\/egypt\/\">Egypt<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78888\" 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=\"78888\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/qia-gives-indias-adani-green-a-shot-in-the-arm-by-acquiring-a-2-7-stake\/\">\r\n                            QIA gives India\u2019s Adani Green a shot in the arm by acquiring a 2.7% stake                        <\/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\/08\/09\/qia-gives-indias-adani-green-a-shot-in-the-arm-by-acquiring-a-2-7-stake\/\" 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(); 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USD 474 mn in a block transaction, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-07\/qia-said-to-invest-500-million-in-adani-green-et-reports\">Bloomberg<\/a> reports, citing stock exchange data. The transaction saw QIA\u2019s unit INQ Holding grab over 42.6 mn shares in Adani\u2019s green energy arm at INR 920 a piece, with stock data showing Adani Green\u2019s founder group company Infinite Trade and Investment selling 44.9 mn shares.<\/p>\n<p><strong>Why this matters for Adani:<\/strong> The QIA\u2019s investment could prove to be a lifeline for the Indian conglomerate after a rout that wiped over USD 100 bn in its market value earlier this year. The setback came following a short-seller report by Hindenburg Research that <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/922f15f5-a014-4c29-807b-501f1bff9be5\">made fraud allegations<\/a> against the Indian conglomerate, battering investor confidence. Adani scrapped its USD 2.45 bn secondary offering <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/946269ad-dc22-49e2-905e-23d72d4bbf92\">last February<\/a> \u2014 which was expected to finance green projects in MENA, among other things \u2014 citing an \u201cunprecedented situation and the current market volatility.\u201d Abu Dhabi-headquartered corporate investment holding firm <a href=\"https:\/\/www.ihcuae.com\/about-us\">International Holding Company<\/a> and UAE sovereign wealth fund <a href=\"https:\/\/www.adia.ae\/\">Abu Dhabi Investment Authority<\/a> were among the regional bidders on the books for shares.<\/p>\n<p><strong>Adani Green was already embarking on an expansion plan:<\/strong> Adani Green <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ffcb52e2-74cc-4f21-8eee-3adf84c6c345\">unveiled plans last<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ffcb52e2-74cc-4f21-8eee-3adf84c6c345\">month<\/a> to raise IRN 123 bn (c. USD 1.5 bn) to finance expansion plans. It's looking to bring in more institutional investors and lure in more research analysts to track the firm by selling shares through qualified institutional placement, a person familiar with the matter told Bloomberg.<\/p>\n<p><strong>And they\u2019re looking at M<\/strong><strong>orocco:<\/strong> The embattled conglomerate is reportedly <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b45de912-e322-4b2a-bf2b-88d4e1060db4\">eyeing<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b45de912-e322-4b2a-bf2b-88d4e1060db4\">investments<\/a> in renewables projects with 10 GW of capacity in Morocco to supply green ammonia to Europe. The project, which would be developed in two 5 GW phases, would be used to supply clean energy to a green ammonia plant that would target exports to Europe. The wind and solar plants would be Adani\u2019s largest clean energy project outside of India, and would more than triple Morocco\u2019s already installed renewables capacity of 2.8 GW<\/p>\n<p><strong>REMEMBER- The Qataris are already seeing potential in India:<\/strong> The QIA is among a number of investors looking to buy a minority stake in the retail unit of Indian b\u2019naire Mukesh Ambani-led conglomerate Reliance Industries, according to an <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-26\/qia-considering-1-billion-stake-in-ambani-s-reliance-retail\">earlier report by Bloomberg<\/a>.<\/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\/adani-green\/\">Adani Green<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/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\/qia\/\">QIA<\/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=\"78890\" 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                            \"\r\n            id=\"78890\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/78890\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78890\" class=\"content-area-description single-story post-78890 post type-post status-publish format-standard hentry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/weareiph.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1828.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/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<section id=\"78891\" 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=\"78891\">\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\">GREEN FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/eu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector\/\">\r\n                            EU signs off on EUR 307 mn financing agreement for Tunisia-Italy interconnector                        <\/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\/08\/09\/eu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector\/\" 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\/08\/09\/eu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector\/')\">\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\/08\/09\/eu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector\/\">\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=EU signs off on EUR 307 mn financing agreement for Tunisia-Italy interconnector&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/eu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector\/\">\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\/08\/09\/eu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector\/&title=EU signs off on EUR 307 mn financing agreement for Tunisia-Italy interconnector\">\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=EU+signs+off+on+EUR+307+mn+financing+agreement+for+Tunisia-Italy+interconnector+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Feu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector%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\/08\/09\/eu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1046.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78892\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/eu-signs-off-on-eur-307-mn-financing-agreement-for-tunisia-italy-interconnector\/1046-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1046.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1046.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1046.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1046.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78891\" class=\"content-area-description single-story post-78891 post type-post status-publish format-standard has-post-thumbnail hentry category-green-finance tag-enterpriseclimate tag-europe tag-green-finance tag-renewables tag-tunisia 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>Tunisia-Italy interconnector moving forward: <\/strong>The European Commission (EC) has signed off on a EUR 307 mn (c. USD 336 mn) financing agreement for Tunisia\u2019s planned <a href=\"https:\/\/elmedproject.com\/\">Elmed electrical interconnection project<\/a> with Italy, according to a <a href=\"https:\/\/www.terna.it\/en\/media\/press-releases\/detail\/euro-307-million-loan-signed-european-commission-italy-tunisia-interconnection\">statement<\/a>. The interconnector\u2019s expected launch date has not been revealed.<\/p>\n<p><strong>The project:<\/strong> The 600 MW subsea interconnector \u2014 to be developed by Italy-headquartered transmission operator <a href=\"https:\/\/www.terna.it\/en\">Terna Group<\/a> and Tunisia\u2019s grid operator <a href=\"http:\/\/www.steg.com.tn\/en\/index.html\">STEG<\/a>\u2014 will link the Tunisian and EU power grids via a 220 km cable, enabling the trade of renewable energy between the North African country and Europe. The project is estimated to cost EUR 850 mn (c.USD 929 mn) with EUR 307 mn provided by the EC through the <a href=\"https:\/\/cinea.ec.europa.eu\/programmes\/connecting-europe-facility_en\">Connecting Europe Facility<\/a>.<\/p>\n<p><strong>The World Bank recently extended a helping hand:<\/strong> The World Bank <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8bbf89db-f63d-4288-a4f3-3ba1c53e1834\">approved a USD 268.4<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8bbf89db-f63d-4288-a4f3-3ba1c53e1834\">mn loan<\/a> to Tunisia in June to finance the project, using the funds to build a main converter station and accompanying substations on the Tunisian side.<\/p>\n<p><strong>Who else is on board? <\/strong>The Elmed interconnector is backed by the European Union, the government of Italy, the German Development Bank KfW, the European Bank for Reconstruction and Development, and the European Investment Bank.<\/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\/europe\/\">Europe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/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\/tunisia\/\">Tunisia<\/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=\"78893\" 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=\"78893\">\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\">RENEWABLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/ksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract\/\">\r\n                            KSA\u2019s AETCON awarded USD 155 mn Neom HDVC contract                        <\/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\/08\/09\/ksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract\/\" 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\/08\/09\/ksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract\/')\">\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\/08\/09\/ksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract\/\">\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 AETCON awarded USD 155 mn Neom HDVC contract&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/ksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract\/\">\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\/08\/09\/ksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract\/&title=KSA\u2019s AETCON awarded USD 155 mn Neom HDVC contract\">\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+AETCON+awarded+USD+155+mn+Neom+HDVC+contract+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Fksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract%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\/08\/09\/ksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/204.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78894\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/ksas-aetcon-awarded-usd-155-mn-neom-hdvc-contract\/204-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/204.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"204.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/204.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/204.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78893\" class=\"content-area-description single-story post-78893 post type-post status-publish format-standard has-post-thumbnail hentry category-renewables tag-aetcon tag-enterpriseclimate tag-hyundai-engineering-and-construction tag-neom tag-renewables tag-transmission-line 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>An update to the Neom power transmission line:<\/strong> Saudi Arabia\u2019s Arabian Electrical Transmission Line Contracting (<a href=\"http:\/\/www.aetcon.com\/\">AETCON<\/a>) has won a USD 155 mn contract to construct a high-voltage direct current (HVDC) transmission line connecting Saudi Arabia\u2019s net zero city Neom to other areas in the country, <a href=\"https:\/\/www.utilities-me.com\/news\/aetcon-secures-155-million-neom-power-transmission-contract\">Utilities Middle East<\/a> reports. The contract was awarded by the Saudi Electricity Company, which is almost 75% owned by Saudi Arabia's sovereign Public Investment Fund.<\/p>\n<p><strong>What we know about the line:<\/strong> The HVDC transmission line, which spans a distance of 605 km, will be linked to the Saudi Neom-Yanbu 525 kV HVDC Transmission Line project. It will stretch from Yanbu on the western coast of the country to Neom.<\/p>\n<p><strong>Back to back HVDC: <\/strong>Hyundai Engineering and Construction Co. \u2014 a subsidiary of Hyundai Motors Group \u2014 was <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a7fee148-e6fc-4c0e-a282-274d68a07ad9\">awarded earlier this month<\/a> a USD 145 mn contract to build the 525 KV HVDC transmission line. Hyundai will be responsible for the engineering to procurement and construction of the HVDC line under the turnkey agreement. It is set to build a 207 km HVDC line and approximately 450 transmission towers to connect Neom to Tabuk and Yanbu. The Korean construction company expects the project to be completed by July 2027.<\/p>\n<p><strong>It\u2019s been an eventful couple of months for Neom:<\/strong> In June, the Saudi Electricity Company and Neom\u2019s water management and utility company Enowa <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1607a666-6d68-4c92-a3d3-b21c5f51c146\">signed an agreement<\/a> with Zurich-based tech company Hitachi Energy to build a 3 GW, 650 km high voltage direct current (HVDC) transmission system connecting Neom\u2019s floating industrial complex Oxagon to the country\u2019s port city of Yanbu. Earlier in May, Neom <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b23947af-dcbc-49af-b3bd-4c8dc57e633d\">awarded a USD 2 bn contract for a rail project<\/a>linking its floating industrial complex Oxagon to renewable energy-powered The Line city.<\/p>\n<p><strong>IN OTHER NEOM NEWS- There\u2019s progress on Neom\u2019s green hydrogen plant:<\/strong> Indian multinational <a href=\"https:\/\/www.larsentoubro.com\/\">Larsen & Toubro<\/a> \u2014 <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/89ff6dc0-4e13-42c0-a7e6-696ba8f5418b\">project developer<\/a> of the clean energy projects that will power Neom\u2019s <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3b430e5e-0bba-4e79-b49f-6b1a0240542d\">USD 8.4 bn green hydrogen plant<\/a> \u2014 signed an agreement with China\u2019s <a href=\"https:\/\/en.sungrowpower.com\/\">Sungrow<\/a> for the supply of solar inverter skid solutions for Neom\u2019s 2.2 GW solar farm, according to a <a href=\"https:\/\/en.sungrowpower.com\/newsDetail\/4240\/sungrow-announces-to-supply-22-gw-pv-inverter-and-600-mwh-ess-solutions-to-neom-green-hydrogen-project-in-the-kingdom-of-saudi-arabia\">statement<\/a>.<\/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\/aetcon\/\">AETCON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hyundai-engineering-and-construction\/\">Hyundai Engineering and Construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/neom\/\">Neom<\/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\/transmission-line\/\">Transmission Line<\/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=\"78895\" 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=\"78895\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/lucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2\/\">\r\n                            Lucid\u2019s revenues increase 35.5% y-o-y while net losses deepen by 71.2%                        <\/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\/08\/09\/lucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2\/\" 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\/08\/09\/lucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2\/')\">\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\/08\/09\/lucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2\/\">\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=Lucid\u2019s revenues increase 35.5% y-o-y while net losses deepen by 71.2%&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/lucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2\/\">\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\/08\/09\/lucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2\/&title=Lucid\u2019s revenues increase 35.5% y-o-y while net losses deepen by 71.2%\">\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=Lucid%E2%80%99s+revenues+increase+35.5%25+y-o-y+while+net+losses+deepen+by+71.2%25+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Flucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2%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\/08\/09\/lucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2427.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78896\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/lucids-revenues-increase-35-5-y-o-y-while-net-losses-deepen-by-71-2\/2427-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2427.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2427.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2427.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2427.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78895\" class=\"content-area-description single-story post-78895 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-enterpriseclimate tag-evs tag-lucid-motors 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-05\"><\/a><strong> Saudi Arabia\u2019s Public Investment Fund-backed EV maker Lucid\u2019s net losses<\/strong><strong> increased by <\/strong><strong>71.2<\/strong><strong>% y-o-y<\/strong><strong> in 2Q 2023 y-o-y to USD 766.6 mn<\/strong>, according to an <a href=\"https:\/\/ent.news\/2023\/8\/1787.pdf\">earnings release (pdf)<\/a>. This comes despite the company\u2019s revenues increasing by 35.5% y-o-y in 2Q to USD 150.9 mn on the back of 1.4k vehicles being delivered \u2014 some <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/09bd6f79-10f8-4aef-bbf3-b6b64c1a0d6f\">delivered to Saudi Arabia for the first time<\/a>. PIF owns a 60.5% stake in the EV company.<\/p>\n<p><strong>Big losses despite an increase in revenues:<\/strong> Lucid\u2019s net losses increased by 80.4% y-o-y in 1H 2023 recording a loss of USD 1.5 bn despite revenues increasing 48.4% y-o-y to USD 300.3 mn during the same period.<\/p>\n<p><strong>Manufacturing took a dip: <\/strong>The number of cars manufactured by Lucid decreased 6% from <a href=\"https:\/\/ir.lucidmotors.com\/news-releases\/news-release-details\/lucid-announces-first-quarter-2023-financial-results\">2.3k vehicles<\/a> to almost 2.2k q-o-q, according to an <a href=\"https:\/\/ent.news\/2023\/8\/3184.pdf\">earnings release presentation (pdf)<\/a>. The company aims to manufacture over 10k vehicles in 2023.<\/p>\n<p><strong>REMEMBER-<\/strong> In efforts to boost production, Lucid raised <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f001c139-291a-40f8-94a0-a23f766f2b5f\">USD 3 bn in capital<\/a> in 2Q, USD 1.8 bn of which came from PIF. This quarter also saw Lucid <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/29826a3b-6f1c-488a-8ffe-eb2838793aa6\">join forces with Aston Martin<\/a> to make the British ultra-luxury car maker\u2019s future electric vehicles while also making way for Lucid to grab a 3.7% stake in the British company. Lucid said <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/09bd6f79-10f8-4aef-bbf3-b6b64c1a0d6f\">late last year<\/a> that 80% of its electric vehicles will be made in Saudi Arabia by 2030 as it aims to build a full production plant in the country. Construction of the facility began in May 2022.<\/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\/earnings-watch\/\">EARNINGS WATCH<\/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\/lucid-motors\/\">Lucid Motors<\/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=\"78897\" 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=\"78897\">\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\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/ahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain\/\">\r\n                            Ahmed Fateen appointed commercial VP for UAE, Oman, and Bahrain                        <\/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\/08\/09\/ahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain\/\" 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\/08\/09\/ahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain\/')\">\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\/08\/09\/ahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain\/\">\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=Ahmed Fateen appointed commercial VP for UAE, Oman, and Bahrain&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/ahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain\/\">\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\/08\/09\/ahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain\/&title=Ahmed Fateen appointed commercial VP for UAE, Oman, and Bahrain\">\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=Ahmed+Fateen+appointed+commercial+VP+for+UAE%2C+Oman%2C+and+Bahrain+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Fahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain%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\/08\/09\/ahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1592.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78898\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/ahmed-fateen-appointed-commercial-vp-for-uae-oman-and-bahrain\/1592-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1592.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1592.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1592.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1592.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78897\" class=\"content-area-description single-story post-78897 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-bahrain tag-enterpriseclimate tag-moves tag-oman tag-schneider-electric tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Schneider Electric<\/strong> has appointed <strong>Ahmed Fateen<\/strong> (<a href=\"https:\/\/www.linkedin.com\/in\/ahmed-fateen-92521a29\/\">LinkedIn<\/a>) as the <strong>channel <\/strong><strong>commercial vice president serving the UAE, Oman and Bahrain markets<\/strong>, <a href=\"https:\/\/www.tradearabia.com\/news\/CONS_412070.html\">Trade Arabia<\/a> reports. Fateen will be responsible for expanding Schneider\u2019s operations across the three Gulf markets, overseeing commercial strategy, business development, and customer integration, the newswire said. Fateen was previously vice president of power systems covering the Gulf region for Schneider Electric for more than three years. In his 17 years with Schneider Electric, he worked on sustainable design for utility projects in Egypt, West Africa, East Africa and the Middle East.<\/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\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/moves\/\">MOVES<\/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\/schneider-electric\/\">Schneider Electric<\/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=\"78899\" 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=\"78899\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/new-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund\/\">\r\n                            New Zealand, BlackRock are partnering up for a climate infrastructure fund                        <\/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\/08\/09\/new-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund\/\" 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\/08\/09\/new-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund\/')\">\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\/08\/09\/new-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund\/\">\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=New Zealand, BlackRock are partnering up for a climate infrastructure fund&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/new-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund\/\">\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\/08\/09\/new-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund\/&title=New Zealand, BlackRock are partnering up for a climate infrastructure fund\">\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=New+Zealand%2C+BlackRock+are+partnering+up+for+a+climate+infrastructure+fund+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Fnew-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund%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\/08\/09\/new-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/231.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78900\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/new-zealand-blackrock-are-partnering-up-for-a-climate-infrastructure-fund\/231-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/231.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"231.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/231.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/231.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78899\" class=\"content-area-description single-story post-78899 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-ccus tag-enterpriseclimate tag-ghana tag-mining tag-new-zealand tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>New Zealand, BlackRock join forces to reach 100% renewable electricity: <\/strong>New Zealand\u2019s government and top US fund manager BlackRock are partnering up to launch a NZ 2 bn (c. USD 1.22 bn) climate infrastructure fund to invest in renewable energy projects in the country, <a href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/new-zealand-blackrock-launch-122-bln-climate-infrastructure-fund-2023-08-07\/\">Reuters<\/a> reports. \u201cThis is the largest single-country low-carbon transition investment initiative BlackRock has created to date,\u201d BlackRock CEO Larry Fink <a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7094447965364203520\/\">said<\/a>. \u201cIt will enable New Zealand companies to access greater pools of capital to build out climate infrastructure across the country\u2019s energy system including in wind power, solar power, battery storage, electric vehicle charging, and natural capital projects,\u201d he added.<\/p>\n<p><strong>All under NZ\u2019s 100% renewable electricity track:<\/strong> \u201cThis fund will accelerate New Zealand\u2019s emissions reductions, with a particular focus on our path to 100% renewable electricity,\u201d New Zealand Energy Minister Megan Woods said, according to the newswire. New Zealand is \u201cwell-positioned to be one of the first countries in the world to deliver a fully renewable electricity system,\u201d Woods added, due to record levels of renewable energy generation by New Zealand in recent years.<\/p>\n<p><strong>Ghana pushes forward with mining plans:<\/strong> The Ghanaian government approved a green minerals bill late last month to tap into lithium production and exploit its resources of rare earths that are critical to the energy transition, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-07\/ghana-approves-green-minerals-policy-to-tap-into-trillion-dollar-lithium-market?srnd=green\">Bloomberg<\/a> reports. The policy document \u2014 expected to be passed by the country\u2019s parliament before the end of the year \u2014 will establish policies and a fiscal framework to govern the production of minerals critical to the shift to green energy to ensure the country \u201cderives as much benefit as possible from its resources,\u201d Bloomberg quotes the country\u2019s Natural Resources Minister Samuel Jinapor as saying. Jinapor added that none of Ghana\u2019s lithium volumes would be exported in its raw state to support Ghana\u2019s national production and maximize profits. The law would also help the country leverage its reserves of manganese, graphite, and cobalt, he adds.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Chinese steel giant signs CCUS research agreement: <\/strong>China's largest listed steelmaker Baoshan Iron & Steel Company has signed a joint research agreement for carbon capture, utilization, and storage (CCUS) with leading state oil firm Sinopec, energy giant Shell, and German chemical company BASF. (<a href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/baosteel-inks-ccus-research-agreement-with-sinopec-shell-basf-2023-08-08\/\">Reuters<\/a>)<\/li>\n<\/ul>\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\/ccus\/\">CCUS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ghana\/\">Ghana<\/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\/new-zealand\/\">New Zealand<\/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=\"78901\" 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=\"78901\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/uaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products\/\">\r\n                            UAE\u2019s Borouge and Austria\u2019s Borealis rollout recycled polymer products                        <\/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\/08\/09\/uaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products\/\" 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\/08\/09\/uaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products\/')\">\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\/08\/09\/uaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products\/\">\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 Borouge and Austria\u2019s Borealis rollout recycled polymer products&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/uaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products\/\">\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\/08\/09\/uaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products\/&title=UAE\u2019s Borouge and Austria\u2019s Borealis rollout recycled polymer products\">\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+Borouge+and+Austria%E2%80%99s+Borealis+rollout+recycled+polymer+products+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Fuaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products%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\/08\/09\/uaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1660.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78902\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/uaes-borouge-and-austrias-borealis-rollout-recycled-polymer-products\/1660-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1660.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1660.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1660.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1660.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78901\" class=\"content-area-description single-story post-78901 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-uae tag-waste-management wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>UAE\u2019s Borouge and Austria\u2019s Borealis rollout recycled polymer products:<\/strong> Abu Dhabi based chemicals company Borouge and its Austrian counterpart Borealis have rolled out two low-carbon polypropylene products for the auto-manufacturing industry made from post-consumer recycled (PCR) polymer, <a href=\"https:\/\/wam.ae\/en\/details\/1395303184943\">Wam<\/a> reports. One of the recently rolled out solutions \u2014 specifically developed for wheel arch production and other exterior car components \u2014 is made up of a blend of up to 70% PCR materials, and was produced using 32% less carbon than virgin grade plastics. The second polymer solution \u2014 used for under-body shields, bumper brackets, and structural parts in cars \u2014 contains 50% PCR material that reduces the carbon footprint by about 28% compared to virgin grades, the news agency notes.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Turkey<\/strong> <strong>withdraws as COP16 host:<\/strong> Turkey said it is withdrawing from hosting the UN\u2019s COP16 biodiversity summit \u2014 set to take place in October 2024 \u2014 on the back of deadly earthquakes that hit the country earlier this year. France, the UK, Switzerland and Spain are all possible replacement destinations for the conference. (<a href=\"https:\/\/www.theguardian.com\/environment\/2023\/aug\/03\/turkey-withdraws-as-host-un-cop16-biodiversity-summit-blaming-earthquakes\">The Guardian<\/a>)<\/li>\n<li><strong>Acwa Power just installed Central Asia\u2019s largest wind turbine: <\/strong>KSA renewables developer Acwa Power has installed the first wind turbine for its <a href=\"https:\/\/acwapower.com\/en\/projects\/bash-wind-ipp\/\">USD 690 mn, 500 MW Bash<\/a> wind project in Uzbekistan, marking the largest wind power unit installment in Central Asia at a 6.5 MW generation capacity. (<a href=\"https:\/\/www.acwapower.com\/news\/acwa-power-installed-the-largest-wind-turbine-in-central-asia\/\">Statement<\/a>)<\/li>\n<\/ul>\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\/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\/uae\/\">UAE<\/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=\"78903\" 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=\"78903\">\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\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/the-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction\/\">\r\n                            The world\u2019s tiniest marine mammal is on the brink of extinction                        <\/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\/08\/09\/the-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction\/\" 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\/08\/09\/the-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction\/')\">\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\/08\/09\/the-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction\/\">\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=The world\u2019s tiniest marine mammal is on the brink of extinction&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/the-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction\/\">\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\/08\/09\/the-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction\/&title=The world\u2019s tiniest marine mammal is on the brink of extinction\">\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=The+world%E2%80%99s+tiniest+marine+mammal+is+on+the+brink+of+extinction+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Fthe-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction%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\/08\/09\/the-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/3350.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78904\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/the-worlds-tiniest-marine-mammal-is-on-the-brink-of-extinction\/3350-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/3350.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3350.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/3350.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/3350.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78903\" class=\"content-area-description single-story post-78903 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-in-the-news tag-enterpriseclimate tag-extinction tag-overfishing 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-07\"><\/a> <strong>The world\u2019s tiniest marine mammal is on the verge of extinction:<\/strong> The International Whaling Commission (IWC) has issued its first-ever \u201cextinction alert\u201d for the vaquita, the world\u2019s smallest and most critically endangered marine mammal, according to a <a href=\"https:\/\/iwc.int\/resources\/media-resources\/news\/first-ever-extinction-alert-from-the-iwc\">statement<\/a>. A study by the IWC showed that the small porpoise \u2014 found in the northernmost part of the Gulf of California in Mexico \u2014 has only 10 members of the species left. The growing decline in the number of the marine mammal is due to \u201centanglement in fishing nets known as gillnets which are now illegal in the area.\u201d The IWC stressed the necessity of 100% enforcement of the gillnet ban and net removals to reverse the decline in numbers.<\/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-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/extinction\/\">extinction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/overfishing\/\">overfishing<\/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=\"78905\" 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=\"78905\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/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\/08\/09\/an-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c\/\">\r\n                            An ancient Persian cooling system can lower city heat by as much as 10\u00b0C                        <\/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\/08\/09\/an-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c\/\" 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\/08\/09\/an-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c\/')\">\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\/08\/09\/an-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c\/\">\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=An ancient Persian cooling system can lower city heat by as much as 10\u00b0C&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/an-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c\/\">\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\/08\/09\/an-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c\/&title=An ancient Persian cooling system can lower city heat by as much as 10\u00b0C\">\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=An+ancient+Persian+cooling+system+can+lower+city+heat+by+as+much+as+10%C2%B0C+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F09%2Fan-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c%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\/08\/09\/an-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2894.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78906\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/an-ancient-persian-cooling-system-can-lower-city-heat-by-as-much-as-10c\/2894-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2894.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2894.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2894.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2894.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78905\" class=\"content-area-description single-story post-78905 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-climate-change tag-cooling tag-enterpriseclimate tag-iran tag-on-your-way-out tag-spain 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>Can a 1k-year-old Persian cooling system provide relief to our <\/strong><strong>heat-trapped cities?<\/strong> A network of underground water pipes and tubes inspired by Persian-era canals can lower surrounding temperatures by as much as 10\u00b0C using just air, water, and solar power, <a href=\"https:\/\/www.bloomberg.com\/features\/2023-seville-spain-extreme-heat\/?srnd=green\">Bloomberg<\/a> reports. The cooling system, modeled on ancient tunnels dug to bring water to agricultural fields 1k years ago in present-day Iran, is part of the <a href=\"https:\/\/cartujaqanat.com\">CartujaQanat<\/a> architectural experiment in Seville, Spain, which houses two auditoriums, green spaces, and a promenade.<\/p>\n<p><strong>How does it work? <\/strong>Water runs through an aqueduct outside overnight, taking it over solar panels on a roof and into giant tanks underground. Contact with the lower temperatures cools the water, and as temperatures rise during the day, solar-powered pumps push the water through small pipes that run in front of fans to generate cold air. Small openings in the floor and steps allow cool air to flow outward.<\/p>\n<p><strong>Special features ensure chillness:<\/strong> The design has features that ensure low temperatures even when the qanat system is not operating such as being built two meters underground, covering the area with a white heat-reflecting roof, and surrounding it by columns and vegetation.<\/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\/cooling\/\">cooling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/iran\/\">Iran<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/spain\/\">Spain<\/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=\"78907\" 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\/08\/09\/78907\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78907\" class=\"content-area-description single-story post-78907 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>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>21-22 August (Monday-Tuesday): <a href=\"https:\/\/crgconferences.com\/recycling\/\">International Conference on Recycling and Waste Management<\/a>, USA.<\/p>\n<p>21-22 August (Monday-Tuesday): <a href=\"https:\/\/crgconferences.com\/environmental\/\">International Conference on Environmental Sustainability and Climate Change<\/a>, USA.<\/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>, Dominican Republic.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p>4-6 September (Monday-Wednesday): <a href=\"https:\/\/saudi-smic.com\/\">Sustainable Maritime Industry Conference<\/a>, Jeddah, Saudi Arabia.<\/p>\n<p>4-6 September (Monday-Wednesday): <a href=\"https:\/\/africaclimatesummit.org\/\">Africa Climate Summit<\/a>, Nairobi, Kenya.<\/p>\n<p>5-7 September (Tuesday-Thursday): <a href=\"https:\/\/www.gweccc.com\/assets\/PDF\/GWECCC%202023_EVENT%20BROCHURE.pdf\">Global Water, Energy and Climate Change Congress<\/a>(GWECCC), Manama, Bahrain.<\/p>\n<p>9-10 September (Saturday-Sunday): <a href=\"https:\/\/www.g20.org\/en\/g20-india-2023\/new-delhi-summit\/\">G20 Heads of State and Government Summit<\/a>, New Delhi, India.<\/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): <a href=\"https:\/\/10times.com\/e1r3-x4p2-z8sd\">Global Congress on Renewable and Non-Renewable Energy<\/a>, Dubai, UAE.<\/p>\n<p>12-13 September (Tuesday-Wednesday): <a href=\"https:\/\/events.reutersevents.com\/energy-transition\/industry-usa?utm_source=Reuters.com&utm_medium=EventListing&utm_campaign=5903\">Industry Transition 2023<\/a>, Pittsburgh, USA.<\/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>18-19 September (Monday-Tuesday): <a href=\"https:\/\/finance.enterprise.news\/\">The Enterprise Finance Forum<\/a>, Cairo, Egypt.<\/p>\n<p>19-21 September (Tuesday-Thursday): <a href=\"https:\/\/www.worldptxsummit.com\/\">World Power-to-X Summit<\/a>, Marrakesh, Morocco.<\/p>\n<p>28 September (Thursday): <a href=\"https:\/\/www.iea.org\/news\/first-ever-iea-critical-minerals-and-clean-energy-summit-to-take-place-on-28-september\">International Energy Agency Critical Minerals and Clean Energy Summit<\/a>, Paris, France.<\/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>Egypt set to <a href=\"https:\/\/bit.ly\/3MTNCjG\">launch alliance<\/a> to shore up climate financing in developing countries<\/p>\n<p><strong>OCTOBER 2023<\/strong><\/p>\n<p>4 October (Wednesday): Arabia CSR Gala Awarding Ceremony, UAE.<\/p>\n<p>4-5 October (Wednesday-Thursday): <a href=\"https:\/\/www.futuresustainabilityforum.com\/\">Future Sustainability Forum<\/a>, Dubai, UAE.<\/p>\n<p>8-10 October (Sunday-Tuesday): <a href=\"https:\/\/www.sgbf.sa\/\">Saudi Green Building Forum<\/a>, Riyadh, Saudi Arabia.<\/p>\n<p>10-11 October (Tuesday-Wednesday): <a href=\"https:\/\/greenenergyafricasummit.com\/home\">Green Energy Africa Summit<\/a>, Cape Town International Convention Centre 2, Cape Town, South Africa.<\/p>\n<p>8-12 October (Sunday-Thursday): <a href=\"https:\/\/unfccc.int\/MENACW2023\">MENA Climate Week<\/a>, Riyadh, Saudi Arabia.<\/p>\n<p>9-15 October (Monday-Sunday): <a href=\"https:\/\/www.imf.org\/en\/News\/Seminars\/Campaigns\/2023\/Marrakech2023\">World Bank\/IMF 2023 Annual Meetings<\/a>, Marrakech, Morocco.<\/p>\n<p>10-12 October (Tuesday-Thursday): <a href=\"https:\/\/aemobforum.com\/\">Autonomous E-Mobility Forum<\/a>, Doha, Qatar.<\/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>18-20 October (Wednesday-Friday): <a href=\"https:\/\/www.atalayar.com\/en\/articulo\/economy-and-business\/morocco-and-belgium-will-hold-business-meeting-on-green-hydrogen-in-october\/20230719115701188407.html\">Morocco and Belgium business meeting on green hydrogen<\/a>, Tangiers, Morocco.<\/p>\n<p>17-18 October (Tuesday- Wednesday): <a href=\"https:\/\/criticalmineralsafrica.com\/\">Critical Minerals Africa Summit<\/a>, Cape Town, South Africa.<\/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>25-26 October (Friday-Saturday): <a href=\"https:\/\/events.reutersevents.com\/renewable-energy\/offshore-floating-wind-europe?utm_source=Reuters.com&utm_medium=Event%20Listing%20-%20Energy%20Page\">Offshore & Floating Wind Europe 2023<\/a>, London, United Kingdom.<\/p>\n<p>29 October- 2 November (Sunday-Thursday): <a href=\"https:\/\/bit.ly\/40YIn6F\">Cairo Water Week<\/a>, Cairo, Egypt<\/p>\n<p>31 October \u2013 2 November (Tuesday-Thursday): <a href=\"https:\/\/www.worldhydropowercongress.org\/\">World Hydropower Congress<\/a>, Bali, Indonesia.<\/p>\n<p><strong>NOVEMBER 2023<\/strong><\/p>\n<p>1-3 November (Wednesday-Friday): <a href=\"https:\/\/forbesmiddleeastevents.com\/sustainability-leaders-summit\/\">Forbes Middle East Sustainability Leaders Summit 2023<\/a>, Abu Dhabi, UAE.<\/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>9-15 November (Thursday-Wednesday): <a href=\"https:\/\/www.intrafricantradefair.com\/\">Intra-African Trade Fair 2023<\/a>, Cairo, Egypt.<\/p>\n<p>15-17 November (Wednesday-Friday): <a href=\"https:\/\/www.wetex.ae\/\">WETEX and Dubai Solar Show,<\/a> Dubai, UAE.<\/p>\n<p>16-17 November (Thursday-Friday): <a href=\"https:\/\/www.dwtc.com\/en\/events\/world-green-economy-summit-wges-2023\/\">World Green Economy Summit (WGES)<\/a>, Dubai, UAE.<\/p>\n<p>15-18 November (Wednesday-Saturday): DEWA\u2019s <a href=\"https:\/\/mediaoffice.ae\/en\/news\/2023\/May\/07-05\/DEWA-MENA-Solar-Conference\">First MENA Solar Conference<\/a>, Dubai, UAE.<\/p>\n<p>20-24 November (Monday-Friday) I<a href=\"https:\/\/wam.ae\/en\/details\/1395303172305\">nternational Civil Aviation Organisation\u2019s Aviation and Alternative Fuels conference<\/a>, Dubai, UAE.<\/p>\n<p>27-30 November (Monday-Thursday) <a href=\"https:\/\/twitter.com\/ADGlobalMarket\/status\/1672228350046224384\">Abu Dhabi Finance Week (ADFW)<\/a>, Abu Dhabi, UAE.<\/p>\n<p>30 November - 12 December (Thursday-Tuesday): <a href=\"https:\/\/unfccc.int\/\">Conference of the Parties (COP 28)<\/a>, Dubai, UAE.<\/p>\n<p><strong>DECEMBER 2023<\/strong><\/p>\n<p>12-14 December (Tuesday-Thursday): <a href=\"https:\/\/www.facebook.com\/ghseoman\/\">Green Hydrogen Summit Oman<\/a>, Oman Convention and Exhibition Center, Muscat, Oman.<\/p>\n<p>18-20 December (Monday-Wednesday): <a href=\"https:\/\/saudi-sg.com\/en\/\">Saudi Arabia Smart Grid Conference<\/a>, Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia.<\/p>\n<p><strong>FEBRUARY 2024<\/strong><\/p>\n<p>26-28 February (Monday-Wednesday): <a href=\"https:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\">Management and Sustainability of Water Resources<\/a>, Dubai, UAE.<\/p>\n<p><strong>APRIL 2024<\/strong><\/p>\n<p>16-18 April (Tuesday-Thursday): <a href=\"https:\/\/www.worldfutureenergysummit.com\/\">World Future Energy Summit<\/a>, Abu Dhabi, UAE.<\/p>\n<p>23-25 April (Tuesday-Thursday): <a href=\"https:\/\/www.mena.gh2events.com\/\">Connecting Green Hydrogen MENA<\/a>, Dubai, UAE.<\/p>\n<p><strong>EVENTS WITH NO SET DATE<\/strong><\/p>\n<p><strong>2023 <\/strong><\/p>\n<p>Mid-2023: Oman <a href=\"https:\/\/www.meed.com\/oman-to-sign-multibillion-dollar-hydrogen-contracts\">set to sign contracts<\/a> for green hydrogen projects.<\/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><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><strong>2025 <\/strong><\/p>\n<p><a href=\"https:\/\/www.iucn.org\/our-union\/iucn-world-conservation-congress\">International Union for Conservation of Nature World Conservation Congress<\/a>, Abu Dhabi, UAE.<\/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><a href=\"https:\/\/uitpsummit.org\/\">UITP Global Public Transport Summit<\/a>, Dubai, UAE.<\/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":78882,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-78881","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"152017f6-0692-4538-8ab7-1493caeb9e4a","teaser":"","photo_url":"https:\/\/ent.news\/2022\/4\/332.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>Another mega green hydrogen project for Egypt? - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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