{"id":79524,"date":"2023-09-13T01:00:49","date_gmt":"2023-09-13T01:00:49","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=79524"},"modified":"2025-12-15T09:33:31","modified_gmt":"2025-12-15T09:33:31","slug":"uaes-enec-and-polands-orlen-synthos-green-energy-explore-potential-investments-in-smrs","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/uaes-enec-and-polands-orlen-synthos-green-energy-explore-potential-investments-in-smrs\/","title":{"rendered":"UAE\u2019s ENEC and Poland's Orlen Synthos Green Energy explore potential investments in SMRs"},"content":{"rendered":"<section id=\"79526\" 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=\"79526\">\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\/09\/13\/today-uaes-enec-will-help-expand-nuclear-in-europe-omans-500-mw-solar-plant-begins-construction\/\">\r\n                            TODAY: UAE\u2019s ENEC will help expand nuclear in Europe + Oman\u2019s 500 MW solar plant begins construction                        <\/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\/09\/13\/today-uaes-enec-will-help-expand-nuclear-in-europe-omans-500-mw-solar-plant-begins-construction\/\" 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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This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, bankers, investors, founders, and corporate leaders will meet to discuss the trends shaping the future of banking, finance, NBFIs, and fintech \u2014 and of their clients.<\/p>\n<p><strong>What to expect:<\/strong> Join <strong>Todd Wilcox<\/strong> (CEO and deputy chair, HSBC Egypt)<strong>, Akef El Maghraby <\/strong>(vice chairman, Banque Misr)<strong>, Tarek El Nahas<\/strong> (group head of international banking, Mashreq),<strong> Hazem Hegazy <\/strong>(CEO and vice chairman, Al Baraka Bank),<strong>Fadi Abi-Nader<\/strong> (VP \u2014 One Demand, Global Emerging Markets, Mars-Wrigley), <strong>Bahaa Alieldean<\/strong> (senior and managing partner, ALC Alieldean Weshahi & Partners) and many others for talks on everything from what\u2019s driving transformation in the banking and finance sector to how a can bank can transact in uncertain times.<\/p>\n<p><strong><a href=\"https:\/\/finance.enterprise.news\/index.html#agenda\">Tap or click here to view the FULL AGENDA with SPEAKERS.<\/a><\/strong><strong><a href=\"https:\/\/finance.enterprise.news\/\"><\/a><\/strong><\/p>\n<p><strong>There will be plenty of parking available at the venue<\/strong> for all those attending.<\/p>\n<p><strong>** We are honored to count some of the region\u2019s most important financial institutions as <\/strong><\/p>\n<p><strong>our partners for this special event. <\/strong>The Enterprise Finance Forum could not take place without the support of our partners including Banque Misr, Al Baraka Bank, FAB Misr, HSBC, Mashreq, Banque Du Caire, CI Capital, Global Corp, Visa, Hassan Allam Utilities, the IFC, and Post for Investment.<\/p>\n<p class='web-image'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1710.jpg?ssl=1\" alt='enterprise'><\/p>\n<hr class=\"grey-line\">\n<p><strong>OUR TOP CLIMATE STORY-<\/strong> The Emirates Nuclear Energy Corporation has signed an MoU with Orlen Synthos Green Energy to look into potential investments in small modular reactors for deployment across Europe.<\/p>\n<p><strong>^^ We have more on this story in the news well, below.<\/strong><\/p>\n<p><strong>HAPPENING TODAY- The <\/strong><strong><a href=\"https:\/\/www.hydrogenegypt.com\/hes2023\">Hydrogen Egypt Summit<\/a><\/strong><strong> is kicking off today in Cairo. <\/strong>The two-day event will bring together members of the local and global hydrogen industry to discuss optimizing hydrogen and green hydrogen development in MENA, serving as a platform for the local industry to discuss potential investments with global investors, operators, and technology providers.<\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>EU accelerated renewable energy <\/strong><strong>targets are now binding:<\/strong> EU lawmakers have given their final approval to raise the legally binding renewables energy target to 42.5% by the end of the decade, up from 32%. The bill initially faced some backlash from <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/08471c12-5188-48b4-8e1d-53099149d52e\">some member states including France<\/a>, which only agreed to the new law after it received assurances that nuclear energy can be included in renewables targets in some cases, the newswire said. 470 lawmakers voted in favor, 120 voted against, and 40 abstained. The new targets \u2014 which include specific goals to increase renewable use in transport and industry \u2014 aim to significantly increase investments in wind and solar. EU member countries must still approve the final bill before it officially enters into force.<\/p>\n<p><strong>The approval got ink in the international press:<\/strong> <a href=\"https:\/\/www.reuters.com\/markets\/europe\/eu-lawmakers-pass-bill-hiking-renewable-energy-targets-2023-09-12\/\">Reuters<\/a> | <a href=\"https:\/\/apnews.com\/article\/eu-climate-renewable-energy-6d1a3183a8e84c111146e9db703a13f7\">AP<\/a> | <a href=\"https:\/\/www.ft.com\/content\/80a03108-c9f0-4362-b46e-5d9067bd624c\">The Financial Times<\/a><\/p>\n<hr class=\"grey-line\">\n<p><strong>OVER IN COPLAND- More consultations ahead of COP28: <\/strong>COP28 President-Designate Sultan Al Jaber has asked environment ministers from a number of countries to conduct informal consultations on his behalf on mitigation, adaptation, and means of implementation, along with informal consultations on the <a href=\"https:\/\/unfccc.int\/topics\/global-stocktake\">Global Stocktake<\/a>, according to a <a href=\"https:\/\/unfccc.int\/sites\/default\/files\/resource\/message_to_parties-assignment_of_ministers_cop28-.pdf\">letter (pdf)<\/a> by the UNFCCC Secretariat. Egypt\u2019s Environment Minister Yasmine Fouad was among the ministers named in the letter, tasked with the means of implementation pillar. \u201cThe COP28 President Designate encourages all Parties and Groups and constituencies to actively<\/p>\n<p>engage with these ministers during the informal consultations,\u201d the letter read.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a><strong>WATCH<\/strong><strong> THIS SPACE- Egypt and the Netherlands are partnering on a green <\/strong><strong>fuels: <\/strong>Head of Egypt\u2019s Suez Canal Economic Zone (SCZone) Walid Gamal El Din signed a cooperation agreement with a consortium of Dutch-based green hydrogen developers to establish a corridor facilitating the export of green fuels from Egypt to the Netherlands, according to a <a href=\"https:\/\/bit.ly\/45PewjJ\">statement<\/a>. The unnamed Dutch developers will invest in setting up several green hydrogen plants in the SCZone with plans to funnel the low-carbon fuels through the Port of Amsterdam for export to the EU market, the statement notes. The green fuels would be transported to export markets through subsea interconnectors, with a portion of the green hydrogen allocated for use for ship refueling operations for vessels transiting through the Suez Canal. Last month, Dutch-based chemicals producer OCI Global completed a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/214783e2-f7c3-4885-a2ca-9efcb667dd20\">six-hour refueling operation<\/a> in SCZone for the world\u2019s first green methanol-powered ship.<\/p>\n<p><strong>The Dutch are also interested in the UAE: <\/strong>The Port of Amsterdam is similarly eying green fuel imports from the UAE, <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/757bf5d3-3c24-496e-8345-18e4d771a340\">signing an agreement<\/a> earlier in January with UAE renewables giant Masdar to set up a green hydrogen corridor between the Emirates and the EU.<\/p>\n<hr class=\"grey-line\">\n<p><strong>WORTH READING- Some aren\u2019t really jumping on the clean hydrogen bandwagon: <\/strong>Some hedge funds are shorting the hydrogen sector pegging it as a losing bet for those looking for a return on their investment in the short term, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-11\/hedge-fund-boss-slams-hydrogen-bets-as-complete-waste-of-time?srnd=green#xj4y7vzkg]\">Bloomberg<\/a> reports, citing an interview with Argonaut Capital Partners founder Barry Norris. \u201cIt\u2019s a complete waste of time, unfortunately,\u201d he said, adding the skepticism arises from a lack of confidence in business models and the amount of capital needed \u2014 especially in building electrolyzers \u2014 to get projects off the ground and running, Norris said, adding that \u201cto pay back on that capital cost, capacity utilization has to be very high.\u201d<\/p>\n<p><strong>Looking the other way: <\/strong>Norris argues that the only form of hydrogen generation that\u2019s \u201cremotely competitive in terms of cost is that which is produced either by fossil fuels, hydro or nuclear energy,\u201d adding that hydrogen produced by weather-dependent renewable power is risky.<\/p>\n<p><strong>Give it some time, others argue: <\/strong>Impax Asset Management CEO Ian Simm says that while US President Joe Biden\u2019s climate bill was a \u201cpotential game change changer\u201d for hydrogen, there was still unpredictability about how the subsidies would be implemented on ground. \u201cThere have been times recently when valuations of green hydrogen-related stocks have been priced in an efficient, speedy policy transition to support green hydrogen,\u201d Simm said. \u201cThat\u2019s probably been over-optimistic.\u201d Impax, which is among the world\u2019s largest low-carbon fund managers, remains hopeful about hydrogen in the near future. \u201cWe\u2019re very bullish about hydrogen with a 10- to 15-year horizon because it\u2019s one of the key ways that we will be decarbonizing industrial heat,\u201d he said. \u201cBut in the short term, it\u2019s really hard to see a rapid expansion of demand to a scale that we would invest in\u201d.<\/p>\n<hr class=\"grey-line\">\n<p><strong>NON-CLIMATE REGIONAL HEADLINES:<\/strong><\/p>\n<ul>\n<li><strong>UAE: <\/strong>UAE\u2019s economy grew by 3.8% in 1Q 2023 and is expected to continue to expand. The growth was attributed to the transportation and storage (10.9%), construction (9.2%), and accommodation and food services (7.8%). (<a href=\"https:\/\/wam.ae\/en\/details\/1395303196397\">Wam<\/a>)<\/li>\n<li><strong>Egypt:<\/strong> <a href=\"https:\/\/www.qia.qa\/en\/Pages\/default.aspx\">Qatar Investment Authority<\/a> is reportedly close to snapping up a portion of Telecom Egypt\u2019s 45% stake in Vodafone Egypt by the end of the month. (<a href=\"https:\/\/www.alborsaanews.com\/2023\/09\/11\/1711618\">Al Borsa<\/a>)<\/li>\n<\/ul>\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>***<\/p>\n<p><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>Morocco will host the <\/strong><strong><a href=\"https:\/\/www.worldptxsummit.com\/\">World Power-to-X Summit<\/a><\/strong><strong> from Tuesday 19 September to Thursday <\/strong><strong>21 September<\/strong> in Marrakech. The event brings together policymakers, industry leaders, and innovators in green hydrogen to showcase success stories in the carbon-free industry. It will also explore scaling-up projects throughout the Power-to-X value chain and hold discussions on harmonizing roadmaps of contiguous countries and adjacent regions.<\/p>\n<p><strong>Saudi Arabia will host the <\/strong><strong><a href=\"https:\/\/unfccc.int\/MENACW2023\">MENA Climate Week<\/a><\/strong><strong> from Sunday, 8 October to Thursday, 12 <\/strong><strong>October<\/strong> in Riyadh. The four-day summit will discuss climate solutions ahead of COP28. It aims to provide a platform for policymakers, businesses, and others to exchange climate solutions as well as discuss obstacles and avenues in different regions. It considers four major systems-based tracks: energy systems and industry, cities, urban and rural settlements, infrastructure and transport, land, ocean, food and water, societies, health, livelihoods, and economies. You can register <a href=\"https:\/\/indico.un.org\/event\/1005213\/\">here<\/a>.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/cop28\/\">COP28<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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-fuels\/\">Green Fuels<\/a>\n            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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\" 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Orlen Synthos Green Energy explore potential investments in SMRs                        <\/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\/09\/13\/uaes-enec-and-polands-orlen-synthos-green-energy-explore-potential-investments-in-smrs\/\" 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\" 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href=\"https:\/\/api.whatsapp.com\/send?text=UAE%E2%80%99s+ENEC+and+Poland%E2%80%99s+Orlen+Synthos+Green+Energy+explore+potential+investments+in+SMRs+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F13%2Fuaes-enec-and-polands-orlen-synthos-green-energy-explore-potential-investments-in-smrs%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\/09\/13\/uaes-enec-and-polands-orlen-synthos-green-energy-explore-potential-investments-in-smrs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1711.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79530\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uaes-enec-and-polands-orlen-synthos-green-energy-explore-potential-investments-in-smrs\/1711-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1711.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1711.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1711.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1711.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79529\" class=\"content-area-description single-story post-79529 post type-post status-publish format-standard has-post-thumbnail hentry category-nuclear tag-enec tag-enterpriseclimate tag-nuclear-energy tag-poland 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-01\"><\/a><strong>The UAE is giving a helping hand to the European nuclear sector:<\/strong> The Emirates Nuclear Energy Corporation (ENEC) has signed an MoU with <a href=\"https:\/\/osge.com\/\">Orlen Synthos Green Energy<\/a> (OSGE) \u2014 a JV between Polish refiner PKN Orlen and Synthos Green Energy \u2014 to look into potential investments in small modular reactors (SMRs), <a href=\"https:\/\/wam.ae\/en\/details\/1395303195923\">Wam<\/a> reported on Monday.<\/p>\n<p><strong>How it works:<\/strong> Under the MoU, both parties will be provided with an enabling framework for developing SMRs based on GE-Hitachi Nuclear Energy\u2019s BWRX-300 SMR technology in Poland, the UK, and Central and Eastern Europe to create new clean energy capacity to help meet rising demand for electricity. They will work to determine specific areas of cooperation, with ENEC sharing expertise from <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/40d52d47-6d41-4d1e-a45f-5c1d2e83c6cf\">its development of UAE\u2019s Barakah Nuclear Energy Plant<\/a>, building operational readiness, and stakeholder management among others.<\/p>\n<p><strong>About the tech: <\/strong>The BWRX-300 is a 300 MWe water-cooler natural circulation SMR promoted as a clean energy source with zero carbon emissions, according to <a href=\"https:\/\/osge.com\/en\/bwrx-300-2\/\">OSGE<\/a>. It lowers scale and complexity, leading to an SMR that is smarter, safer, faster, and less expensive to build and operate. It can be built within two to three years while achieving c. 90% volume reduction in plant layout. It also uses natural circulation and passive isolation condenser systems for a simple and safe operating rhythm.<\/p>\n<p><strong>Part of an ambitious plan by OSGE:<\/strong> The Polish company is looking to deploy the first SMR in Poland <a href=\"https:\/\/osge.com\/en\/bwrx-300-2\/\">by the end of 2030<\/a> to complement the country\u2019s shift to nuclear energy to slash carbon emissions and embark on a gradual coal phaseout. Its partner GE-Hitachi holds exclusive rights to deploy the BWRX-300 technology in the country. OSGE\u2019s strategy sees it partnering with the Canadian energy company Ontario Power Generation, which is building the world\u2019s first power plant with BWRX-300 technology, and the Tennessee Valley Authority (TVA) for a BWRX-300 reactor in Tennesse\u2019s Clinch River.<\/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\/enec\/\">ENEC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nuclear-energy\/\">Nuclear Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/poland\/\">Poland<\/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=\"79531\" 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=\"79531\">\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\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/project-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant\/\">\r\n                            Project update: EDF Renewables, S.Korea\u2019s Kowepco break ground on Oman\u2019s 500 MW Manah solar plant                        <\/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\/09\/13\/project-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant\/\" 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\/09\/13\/project-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant\/')\">\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\/09\/13\/project-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant\/\">\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=Project update: EDF Renewables, S.Korea\u2019s Kowepco break ground on Oman\u2019s 500 MW Manah solar plant&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/project-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant\/\">\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\/09\/13\/project-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant\/&title=Project update: EDF Renewables, S.Korea\u2019s Kowepco break ground on Oman\u2019s 500 MW Manah solar plant\">\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=Project+update%3A+EDF+Renewables%2C+S.Korea%E2%80%99s+Kowepco+break+ground+on+Oman%E2%80%99s+500+MW+Manah+solar+plant+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F13%2Fproject-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant%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\/09\/13\/project-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1971.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79532\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/project-update-edf-renewables-s-koreas-kowepco-break-ground-on-omans-500-mw-manah-solar-plant\/1971-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1971.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1971.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1971.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1971.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79531\" class=\"content-area-description single-story post-79531 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-edf-renewables tag-enterpriseclimate tag-kowepco tag-oman tag-solar tag-solar-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a><strong>A consortium comprising French power utility EDF Renewables and Korea Western <\/strong><strong>Power (Kowepco) have broken ground on Oman\u2019s 500 MW Manah solar plant<\/strong>, according to a <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/construction-begins-at-omans-manah-1-solar-pv-plant-ug27at8e\">statement<\/a>. The solar plant will cost USD 458 mn, with commercial operations commencing by March 2025. Under the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d4df196c-3864-4226-9fc9-2dffbdaef025\">agreement reached with the consortium<\/a> in March, Oman\u2019s Power and Water Procurement Company will purchase the electricity generated under a 20-year power purchase agreement.<\/p>\n<p><strong>And that\u2019s not all:<\/strong> EDF Renewables and Kowepco have also selected Australian engineering services firm Worley as owner engineer for the project. The Australian firm will partner with Wadi Noor Solar Power Company to deliver the facility in a timely manner, according to the statement.<\/p>\n<p><strong>Background:<\/strong> Manah 1 is one half of a larger project by OPWP to build a solar plant with a combined capacity of 1 GW. The combined cost of Manah 1 and Manah 2 will amount to over <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3aad63f3-6a3c-472b-950e-1d350da25403\">OMR 300 mn<\/a> (c. USD 780 mn) and will be the largest in the sultanate. A JV made up of Singapore\u2019s Sembcorp Utilities and China\u2019s Jinko Power were selected to develop the Manah 2 solar plant <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3aad63f3-6a3c-472b-950e-1d350da25403\">in March<\/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\/edf-renewables\/\">EDF Renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/kowepco\/\">Kowepco<\/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\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79533\" 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=\"79533\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/79533\/\">\r\n                    <div class=\"photo photo--above\">\r\n   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            <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/mighty-buildings-secures-usd-52-mn-in-funding-round-co-led-by-aramcos-waed-ventures-for-mena-expansion\/\">\r\n                            Mighty Buildings secures USD 52 mn in funding round co-led by Aramco\u2019s Wa\u2019ed Ventures for MENA expansion                        <\/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 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src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1712.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79535\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/mighty-buildings-secures-usd-52-mn-in-funding-round-co-led-by-aramcos-waed-ventures-for-mena-expansion\/1712-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1712.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1712.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1712.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1712.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79534\" class=\"content-area-description single-story post-79534 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-carbon-neutral-homes tag-enterpriseclimate tag-green-construction tag-khosla-ventures tag-mighty-buildings tag-startup-watch tag-waed-ventures wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a><strong>A US startup focused on net-zero homes is getting Aramco funds<\/strong><strong>: <\/strong><a href=\"https:\/\/www.mightybuildings.com\/\">Mighty Buildings<\/a>\u2014 a US-based construction tech company focused on the delivery of carbon neutral homes \u2014 has raised USD 52 mn in a funding round co-led by Saudi oil giant Aramco\u2019s <a href=\"https:\/\/www.waed.net\/\">Wa'ed Ventures<\/a>and <a href=\"https:\/\/boldcapitalpartners.com\/\">Bold Capital<\/a> with participation by <a href=\"https:\/\/www.khoslaventures.com\/\">Khosla Ventures<\/a>, <a href=\"https:\/\/techcrunch.com\/2023\/09\/12\/mighty-buildings-raises-52m-to-build-3d-printed-prefab-homes\/\">TechCrunch<\/a> reports.<\/p>\n<p><strong>Where the funds are going: <\/strong>The funds will pave the way for Mighty Buildings to expand in North America and the Middle East, specifically Saudi Arabia, CEO Scott Gebicke told TechCrunch in an interview. It will also back the startup\u2019s launch of a next-generation modular homebuilding kit, he added.<\/p>\n<p><strong>Planning big against traditional building: <\/strong>Gebicke said his startup \u201ccompetes against traditional building methodologies, such as stick-built single family homes in the US and concrete precast in the Middle East\u201d. \u201cWe\u2019re now working with some of the largest developers in the US and in the Middle East to build very large numbers of homes very quickly and scalably in order to address the global housing shortage,\u201d he added.<\/p>\n<p><strong>Boosting up valuation:<\/strong> Sources in the know told the media outlet that the fresh funds, which values the startup at between USD 300 mn and USD 350 mn, brings total funds raised to USD 150 mn.<\/p>\n<p><strong>About Mighty Buildings: <\/strong>The US-based construction tech company aims to create homes using 3D printing, advanced materials and robotics automation, according to its <a href=\"https:\/\/www.mightybuildings.com\/\">website<\/a>. It says its walls are made of 60% recycled and sustainably sourced materials and produced with 99% less waste.<\/p>\n<p><strong>About Wa\u2019ed:<\/strong> Backed by Aramco, Wa\u2019ed is a USD 500 mn venture capital seeking investments in tech-based startups under a goal to spread innovation globally, according to its <a href=\"https:\/\/www.waed.net\/\">website<\/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\/carbon-neutral-homes\/\">Carbon neutral homes<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-construction\/\">green construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/khosla-ventures\/\">Khosla Ventures<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mighty-buildings\/\">Mighty Buildings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/startup-watch\/\">Startup watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waed-ventures\/\">Wa\u2019ed Ventures<\/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=\"79536\" 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=\"79536\">\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\">GREEN TECH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/the-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030\/\">\r\n                            The global heat pump supply needs to triple to reach net zero emissions by 2030                        <\/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\/09\/13\/the-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030\/\" 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\/09\/13\/the-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030\/')\">\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\/09\/13\/the-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030\/\">\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 global heat pump supply needs to triple to reach net zero emissions by 2030&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/the-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030\/\">\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\/09\/13\/the-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030\/&title=The global heat pump supply needs to triple to reach net zero emissions by 2030\">\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+global+heat+pump+supply+needs+to+triple+to+reach+net+zero+emissions+by+2030+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F13%2Fthe-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030%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\/09\/13\/the-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1713.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79537\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/the-global-heat-pump-supply-needs-to-triple-to-reach-net-zero-emissions-by-2030\/1713-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1713.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1713.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1713.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1713.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79536\" class=\"content-area-description single-story post-79536 post type-post status-publish format-standard has-post-thumbnail hentry category-green-tech tag-carbon-offsetting tag-energy-efficiency tag-enterpriseclimate tag-green-tech tag-morocco 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-06\"><\/a><strong>Energy efficient heating technologies are crucial for the energy transition:<\/strong> An often overlooked necessity for a successful global energy transition involves replacing gas-powered heating systems with its more energy efficient alternative \u2014 heat pumps. To achieve net zero emissions by mid-century, the global heat pump supply would need to almost triple by 2030, to cover at least 20% of global heating needs compared to the current 10%, the <a href=\"https:\/\/www.iea.org\/energy-system\/buildings\/heat-pumps\">International Energy Agency<\/a> (IEA) found, adding that an additional USD\u202f15\u202f bn in investments would be required globally to reach that goal. Current heat pumping models are 3-5x more energy efficient than the more commercialized gas boilers, prompting several countries to roll-out policy supporting the critical heat decarbonization technology. In 2022, Europe and the US hit record growth in heat pump sales, and this year is also showing early signs of continued growth, with Germany for example witnessing over 100% growth, the IEA notes.<\/p>\n<p><strong>Heat pumps cool too: <\/strong>Heat pumps are devices that use electricity to move heat from one place to another, meaning they can both pull heat from the outside to warm a building, or push it out to cool the building, the <a href=\"https:\/\/www.irena.org\/News\/articles\/2023\/Aug\/How-Innovation-in-Heat-Pumps-Can-Transform-Heating-and-Cooling\">International Renewables Energy Agency<\/a> (Irena) explains. Similar to the mechanics of an air conditioner (AC), heat pumps use refrigerant to pump hot air from inside a house to the outside, with the difference of having a reversing valve that switches the system from cooling to heating when temperatures drop. Heating and cooling together accounts for about half of global energy consumption and is responsible for more than 40% of energy-related CO2 emissions, according to Irena.<\/p>\n<p><strong>There are different types of heat pumps: <\/strong>There are a variety of heat pump systems depending on what type of source it pulls its heat from. Air-to-air heat pumps are the most common, where the heat pump exchanges the heat between the air around you and the air outside, <a href=\"https:\/\/www.nytimes.com\/wirecutter\/guides\/heat-pump-buying-guide\/\">the New York Times<\/a> writes. A geothermal heat pump can draw heat from the ground, which would require excavating and drilling a well near the system. A residential building under construction in New York will power its heat pumping system with geothermal energy, <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/18993409-f8d1-4822-baf3-f5ddeba993b1\">reducing emissions by 53%<\/a>. Air-to-water units are also relatively common, led by demand for heat pump water heaters compatible with radiators and underfloor heating systems, the <a href=\"https:\/\/www.iea.org\/energy-system\/buildings\/heat-pumps\">IEA<\/a> explains. This may become an option regionally in the future as well, as some countries including the UAE <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8554b8c3-1451-4236-b62a-a9f9ed60cb33\">begin to explore geothermal projects<\/a>. Another source could be leftover heat from industrial processes in a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f01e620b-e9e3-4732-9150-48726ca1cbca\">waste heat recovery process<\/a> that stops low-utility heat from escaping factory furnaces.<\/p>\n<p><strong>And there\u2019s regional interest: <\/strong>American technology and manufacturing company <a href=\"https:\/\/dalrada.com\/\">Dalrada Financial Corporation<\/a> will \u201cfocus on the installation and provision of ongoing support services for Dalrada\u2019s range of high-efficiency commercial heat pumps throughout the MENA region,\u201d through its subsidiary <a href=\"https:\/\/dalrada.com\/further-global-expansion-dalrada-techn-morocco\/\">Dalrada Technologies Morocco<\/a> established last month, <a href=\"https:\/\/www.moroccoworldnews.com\/2023\/08\/357329\/climate-innovation-american-company-dalrada-opens-subsidiary-in-morocco\">Morocco World News<\/a> reported. The subsidiary\u2019s main office will be located in Fez, and will function as an operational and training hub, eventually becoming a building and manufacturing center for Dalrada heat pumps in Morocco, the outlet explains.<\/p>\n<p><strong>Plans are already underway in Morocco: <\/strong>Fez-based Crown Glory Holding partnered with Dalrada Technology Spain to build and install as many as 4.5k energy efficient heat pumps by 2030, according to a statement <a href=\"https:\/\/dalrada.com\/dalrada-technology-spain-announces-agreement-with-crown-glory-holding-to-build-and-install-up-to-4500-heat-pumps\/\">published last week<\/a>. At least 150 of the commercial heat pumps are expected to be installed and operational within the first 12 months starting from October of this year, the statement added. Under the agreement, Crown Glory Holding is given exclusive distribution of Dalrada heat pumps in Africa and select neighboring countries, increasing the potential of the company to create its building and manufacturing center for Dalrada heat pumps in Morocco.<\/p>\n<p><strong>Heat pumps could be easily integrated into HVAC systems in KSA + UAE: <\/strong>Heat pumps are versatile when it comes to retrofits into existing Heating, Ventilation, and Air Conditioning (HVAC) systems, NYT writes. Saudi Arabia\u2019s Zamil Air Conditioners Company partnered with Samsung Electronics <a href=\"https:\/\/www.arabnews.com\/node\/2255196\/corporate-news\">earlier this year<\/a> to manufacture, install, maintain and operate HVAC systems with <a href=\"https:\/\/www.mitsubishicomfort.com\/articles\/what-is-all-electric-vrf-technology\">VRF technology<\/a> \u2014 a common heat pumping system \u2014 in the kingdom. A green retrofit movement is also underway in the UAE, where 30k buildings across Dubai will be upgraded before the end of 2030 in efforts to <a href=\"https:\/\/www.mepmiddleeast.com\/people\/hvac-retrofitting-for-resilience\">reduce energy demand by 30%<\/a>. Last year, Mubadala-backed Strata partnered with two Germany-based advanced technology companies to develop the world's <a href=\"https:\/\/www.thenationalnews.com\/business\/technology\/2022\/06\/28\/strata-to-develop-worlds-most-energy-efficient-ac-system-in-uae-with-german-technology\/\">most energy-efficient residential AC system<\/a> in the UAE.<\/p>\n<p><strong>And demand will likely increase: <\/strong>Unstable weather conditions including a <a href=\"https:\/\/www.arabnews.com\/node\/1483071\/middle-east\">colder than predicted spring in 2019<\/a>, <a href=\"https:\/\/www.mei.edu\/publications\/middle-easts-worsening-dust-storms-are-making-it-harder-deploy-solar-energy\">heavy dust storms in 2022<\/a>, increased <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/aa3a5990-343e-4196-86a8-635f819b7dc6\">heat waves and droughts<\/a> means more time spent indoors, and a bigger reliance on cooling and heating systems. Heat pumps could potentially reduce global CO2 emissions by at least 500 mn tons by 2030, equivalent to the annual emissions of all the cars in Europe, according to the <a href=\"https:\/\/www.iea.org\/energy-system\/buildings\/heat-pumps\">IEA<\/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\/carbon-offsetting\/\">carbon offsetting<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/energy-efficiency\/\">energy efficiency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-tech\/\">green tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/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=\"79538\" 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=\"79538\">\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\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uae-philippines-discuss-bolstering-clean-energy-cooperation\/\">\r\n                            UAE, Philippines discuss bolstering clean energy cooperation                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uae-philippines-discuss-bolstering-clean-energy-cooperation\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uae-philippines-discuss-bolstering-clean-energy-cooperation\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uae-philippines-discuss-bolstering-clean-energy-cooperation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE, Philippines discuss bolstering clean energy cooperation&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uae-philippines-discuss-bolstering-clean-energy-cooperation\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uae-philippines-discuss-bolstering-clean-energy-cooperation\/&title=UAE, Philippines discuss bolstering clean energy cooperation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%2C+Philippines+discuss+bolstering+clean+energy+cooperation+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F13%2Fuae-philippines-discuss-bolstering-clean-energy-cooperation%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uae-philippines-discuss-bolstering-clean-energy-cooperation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1714.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79539\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/uae-philippines-discuss-bolstering-clean-energy-cooperation\/1714-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1714.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1714.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1714.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1714.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79538\" class=\"content-area-description single-story post-79538 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-cepa tag-climate-diplomacy tag-enterpriseclimate tag-philippines tag-renewables tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>UAE, Philippines mull clean energy cooperation:<\/strong> The UAE\u2019s State Minister for Foreign Trade Thani bin Ahmed Al Zeyoudi reviewed with a delegation from the Philippines steps related to develop joint projects in sectors of mutual interest, including clean energy, artificial intelligence, transportation and logistics, <a href=\"https:\/\/wam.ae\/en\/details\/1395303196000\">Wam<\/a> reports. They also discussed boosting trade and investment ties between the two countries under a Comprehensive Economic Partnership Agreement (CEPA) which began in February last year.<\/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\/cepa\/\">CEPA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/philippines\/\">Philippines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79540\" 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=\"79540\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/egypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility\/\">\r\n                            Egypt inks three MoUs for waste management projects and the UAE launches an EV content platform for everything e-mobility                        <\/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\/09\/13\/egypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility\/\" 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\/09\/13\/egypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility\/')\">\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\/09\/13\/egypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility\/\">\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 inks three MoUs for waste management projects and the UAE launches an EV content platform for everything e-mobility&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/egypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility\/\">\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\/09\/13\/egypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility\/&title=Egypt inks three MoUs for waste management projects and the UAE launches an EV content platform for everything e-mobility\">\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+inks+three+MoUs+for+waste+management+projects+and+the+UAE+launches+an+EV+content+platform+for+everything+e-mobility+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F13%2Fegypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility%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\/09\/13\/egypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79541\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/13\/egypt-inks-three-mous-for-waste-management-projects-and-the-uae-launches-an-ev-content-platform-for-everything-e-mobility\/38-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"38.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79540\" class=\"content-area-description single-story post-79540 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-enterpriseclimate tag-evs tag-green-finance tag-uae tag-waste-management wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a><strong>It\u2019s a takeoff for some waste management projects in Egypt: <\/strong>Egypt signed three MoUs focused on green investments during Egypt\u2019s inaugural Environmental and Climate Investment Forum, according to a <a href=\"https:\/\/tinyurl.com\/2y2aty52\">statement<\/a>. The first MoU was signed between Waste Management Regulatory Authority (WMRA), KIT Innovation HUB, and Green Build Egypt on waste management cooperation. Under the MoU, the three parties agreed to set up a pilot project for recycling construction and mining waste in New Cairo and the New Administrative Capital. Another agreement was signed between the Arab Organization for Industrialization (AOI) and Germany\u2019s INTEC Rubber Powder and RECOM Patent & License to set up a joint venture for tyre recycling in the country. The third agreement was signed between Green Planet and UAE\u2019s <a href=\"https:\/\/www.zerocarbonvc.com\/\">Zero Carbon Ventures<\/a> for a pilot project focused on the treatment of organic waste and transforming it into income-generating products, according to the statement.<\/p>\n<hr class=\"grey-line\">\n<p><strong>A platform for everything EV in the UAE:<\/strong> A new EV content platform \u2014 <a href=\"https:\/\/evlife.ae\/en\/\">EVLife.ae<\/a> \u2014 has been launched under support from Al Futtaim Electric Mobility Company to provide access to reliable news on e-mobility to customers in the country, according to a <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/new-ev-content-platform-launched-in-the-uae-with-the-aim-to-accelerate-public-awareness-on-electric-mobility-to87u1x5\">statement<\/a>. The editorial platform, which will have content published in both English and Arabic, will cover developments related to e-mobility globally as well as host how-to guides for first time EV buyers, news on related governmental regulations, and interviews with industry experts.<\/p>\n<p><strong>REMEMBER- All under an EVs push by the UAE: <\/strong>The UAE <a href=\"https:\/\/u.ae\/en\/about-the-uae\/strategies-initiatives-and-awards\/policies\/transport-and-infrastructure\/national-electric-vehicles-policy\">aims to transition to green mobility<\/a> by increasing the share of EVs to 50% of all vehicles on the country\u2019s roads by 2050. In July, the UAE\u2019s Cabinet <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/323aa611-e4ad-4b79-9356-756cbe0a1e35\">approved the National Electric Vehicles Policy<\/a>, which aims to \u201cbuild a national network of electric vehicle chargers, organize the market of electric vehicles, promote associated industries to ensure lower emissions, lower energy consumption, and maintain the quality of roads.\u201d The policy will contribute to reducing energy consumption in the transport sector by 20% through its Green Mobility Project.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>KSA\u2019s Barakah secures funds for food waste solution<\/strong><strong>: <\/strong>Saudi-based foodtech startup <a href=\"https:\/\/barakah.app\/\">Barakah<\/a> has raised USD 1.5 mn in a seed-funding round under plans to expand its food waste product offering in cities in the Kingdom beyond Riyadh and Jeddah. (<a href=\"https:\/\/www.wamda.com\/2023\/09\/barakah-raises-1-5-million-seed-round-food-waste-solution\">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\/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-finance\/\">green finance<\/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=\"79542\" 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=\"79542\">\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\/09\/13\/frances-edf-launches-carbon-capture-and-storage-subsidiary-oklima\/\">\r\n                            France\u2019s EDF launches carbon capture and storage subsidiary Oklima                        <\/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\/09\/13\/frances-edf-launches-carbon-capture-and-storage-subsidiary-oklima\/\" 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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One of Oklima\u2019s projects will focus on carbon sequestration \u2014 the process of capturing and storing CO2 by planting trees, rewilding wetlands, or storing carbon underground in rocks, the newswire explains. The subsidiary has over 200 kilotonnes (kt) of carbon projects currently under development. EDF plans to certify the emissions reduced through its CCS projects with France\u2019s low carbon label developed by the Ecological Ministry. The label takes into account both direct and indirect emissions.<\/p>\n<p><strong>REMEMBER- Not everyone is onboard the CCS train:<\/strong> Some <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/010cbdc5-69ac-4f2d-af0b-94be1f006533\">climate experts warn<\/a> that a focus on carbon capture will leave the door open for polluting industries to expand their fossil-fuel production and use by setting targets for CCS instead of fossil-fuel phase out.<\/p>\n<hr class=\"grey-line\">\n<p><strong>Amazon is buying 250k tons of carbon credits from Occidental\u2019s Texas plant:<\/strong> Amazon is making its first investment in direct air capture technology by committing to purchase 250k tons of removal credits over 10 years, <a href=\"https:\/\/www.reuters.com\/business\/environment\/amazon-makes-first-investment-direct-air-capture-climate-technology-2023-09-12\/\">Reuters<\/a> reports. Amazon will purchase the credits from a direct air capture (DAC) plant in Texas owned by <a href=\"https:\/\/www.1pointfive.com\/\">1PointFive<\/a> \u2014 a wholly-owned subsidiary of US oil and gas company Occidental Petroleum. The plant is being developed by Occidental Petroleum\u2019s subsidiary Oxy Low Carbon Ventures. Amazon will use the purchased credits to help meet its net zero carbon emissions by 2040 target. The price of the carbon credits were not disclosed, but developers of DAC technology have said that the cost is currently \u201cin the mid-to-high-triple digits in dollars per metric ton,\u201d according to Reuters. Last month, the US Department of Energy (DOE) announced it is providing <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/28e092df-9365-410b-9f51-5dd7cd3cee1a\">over USD 1 bn in federal grants<\/a> for projects in Texas and Louisiana aimed at removing over 2 mn metric tons of carbon emissions annually by scaling up DAC technology.<\/p>\n<p><strong>Occidental has some plans in our region too:<\/strong> Adnoc partnered with Occidental Petroleum <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c6ee7b70-9072-4ae6-816b-4cb7c900de28\">last month<\/a> to explore potential investments in carbon dioxide capture and storage (CCS) hubs in the UAE and US. Under the agreement, Adnoc and Occidental will evaluate the development of direct air capture (DAC) facilities in the UAE \u2014 including what could be the first megaton DAC project outside of the US \u2014 to potentially absorb as much as 1 mn tons of carbon dioxide annually.<\/p>\n<p><strong>REMEMBER- DAC is the least efficient amongst CCS methods: <\/strong>DAC technology refers to the removal of CO2 directly from the atmosphere at any location, as opposed to carbon capture, which involves absorbing CO2 at the point of emission. Capturing carbon from the air proved to be too energy intensive for it to play a significant role in reaching global climate goals, a future energy scenario modeled by Shell revealed <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d70a530d-7be1-4cb7-bdf3-baaa9372a609\">earlier this year<\/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\/amazon\/\">Amazon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/carbon-storage\/\">CARBON STORAGE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/edf\/\">EDF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/france\/\">France<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/occidental\/\">Occidental<\/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=\"79544\" 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\/09\/13\/79544\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79544\" class=\"content-area-description single-story post-79544 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>SEPTEMBER 2023<\/strong><\/p>\n<p>9-20 September (Saturday-Wednesday): <a href=\"https:\/\/www.un.org\/en\/conferences\/SDGSummit2023\">2023 Sustainable Development Goals Summit<\/a>, New York, USA.<\/p>\n<p>11-13 September (Monday-Wednesday): <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\">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>13-14 September (Wednesday-Thursday): <a href=\"https:\/\/www.egypthydrogen2023.com\/\">Hydrogen Egypt Summit<\/a>, Nile Ritz Carlton, Cairo.<\/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>2-5 October (Monday-Thursday): <a href=\"https:\/\/www.adipec.com\/\">ADIPEC Decarbonization Accelerator<\/a>, Abu Dhabi, UAE.<\/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>16-17 October (Monday-Tuesday): <a href=\"https:\/\/duqm23.opaz.gov.om\/\">Duqm Economic Forum<\/a>, Duqm, Oman.<\/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\">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>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>28-29 November (Tuesday-Wednesday): <a href=\"https:\/\/wges.ae\/\">World Green Economy Summit (WGES)<\/a>, Dubai, 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>4 December (Monday): <a href=\"https:\/\/www.greeninitiatives.gov.sa\/news-and-announcements\/third-edition-of-saudi-green-initiative-forum-to-take-place-during-cop28\/\">Saudi Green Initiative Forum<\/a>, Dubai, UAE.<\/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>JANUARY 2024<\/strong><\/p>\n<p>9-11 January (Tuesday-Thursday): <a href=\"https:\/\/www.futuremineralsforum.com\/\">Future Minerals Forum<\/a>, 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>MARCH 2024<\/strong><\/p>\n<p>4-6 March (Monday-Wednesday): <a href=\"https:\/\/dust.ncm.gov.sa\/register\/\">International Conference on Sand and Dust Storms in the Arabian Peninsula<\/a>, Riyadh, Saudi Arabia.<\/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>DECEMBER 2024<\/strong><\/p>\n<p>2-13 December (Monday-Friday): <a href=\"https:\/\/www.unccd.int\/news-stories\/notifications\/sixteenth-session-unccd-conference-parties-cop-16-riyadh\">Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification<\/a>, Riyadh, KSA.<\/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":79525,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-79524","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0f677466-5cc8-451a-a425-ba4659089835","teaser":"","photo_url":"https:\/\/ent.news\/2021\/5\/1505.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>UAE\u2019s ENEC and Poland&#039;s Orlen Synthos Green Energy explore potential investments in SMRs - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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