{"id":80847,"date":"2023-11-28T07:00:00","date_gmt":"2023-11-28T07:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=80847"},"modified":"2025-12-15T09:56:31","modified_gmt":"2025-12-15T09:56:31","slug":"acwa-power-breaks-ground-on-its-green-hydrogen-plant-in-uzbekistan","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-breaks-ground-on-its-green-hydrogen-plant-in-uzbekistan\/","title":{"rendered":"Acwa Power breaks ground on its green hydrogen plant in Uzbekistan"},"content":{"rendered":"<section id=\"80849\" 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=\"80849\">\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\/11\/28\/today-acwa-power-breaks-ground-on-its-green-hydrogen-plant-in-uzbekistan-biden-gives-cop28-a-miss\/\">\r\n                            TODAY: Acwa Power breaks ground on its green hydrogen plant in Uzbekistan + Biden gives COP28 a miss                        <\/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\/11\/28\/today-acwa-power-breaks-ground-on-its-green-hydrogen-plant-in-uzbekistan-biden-gives-cop28-a-miss\/\" 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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We have a compact issue full of updates across the sector, and news about one big no-show at the summit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORIES-<\/strong> KSA renewables giant Acwa Power began construction on its green hydrogen production facility in Tashkent, Uzbekistan yesterday and UAE\u2019s Emirates Development Bank has signed an agreement with the International Renewable Energy Agency to extend AED 1.3 bn (c.USD 350 mn) in financing to support Irena\u2019s Energy Transition Accelerator Financing platform.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have the details on these stories and more in the news well, below.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPENING TODAY- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/worldgreeneconomy.org\/\" style=\"\" rel=\"noopener\">World Green Economy Summit<\/a><\/strong><strong> kicking off today and <\/strong><strong>concluding tomorrow<\/strong><strong> in Dubai<\/strong>. The event will bring together green tech developers and policymakers to explore pathways to accelerate the transition to net-zero sources and meet the Paris-agreed 1.5 \u00b0C warming threshold. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>ALSO- <\/strong><strong>Virgin <\/strong><strong>Atlantic's mostly <\/strong><strong>SAF-powered flight<\/strong><strong> is taking to the skies today on a <\/strong><strong>transatlantic flight from London to New York<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2023\/nov\/26\/can-uks-jet-zero-hopes-take-off-with-a-plane-fuelled-by-used-cooking-oil\" style=\"\" rel=\"noopener\">The Guardian<\/a> reports. The flight is the latest demo flight by the UK government and the aviation industry to prove greener flying is possible and 2050 jet zero aspirations are reachable. The plane will have a full tank of alternative fuel, synthesized from captured carbon and recycled oil, with a carbon footprint about 70% less than usual conventional jet fuel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>It\u2019s a no-show for Joe: <\/strong>US President Joe Biden \u2014 leader of the <a target=\"_blank\" href=\"https:\/\/www.worldometers.info\/co2-emissions\/co2-emissions-by-country\/\" style=\"\" rel=\"noopener\">world\u2019s seco<\/a><a target=\"_blank\" href=\"https:\/\/www.worldometers.info\/co2-emissions\/co2-emissions-by-country\/\" style=\"\" rel=\"noopener\">nd biggest<\/a> carbon emitting country \u2014 will not be attending the COP28 summit, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/biden-skip-cop-climate-meeting-dubai-official-2023-11-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing an unnamed US official. No reasons were given for Biden giving the summit a miss, confirming <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d6c5e612-25d7-4137-8f33-2261d30b6675\" style=\"\" rel=\"noopener\">earlier whispers<\/a> that he wasn\u2019t going to attend. Biden attended past summits in Egypt and Scotland, although it is <a target=\"_blank\" href=\"https:\/\/www.google.com\/url?q=https:\/\/www.france24.com\/en\/live-news\/20231127-biden-to-miss-cop28-climate-summit-us-official&sa=D&source=docs&ust=1701100141308691&usg=AOvVaw2FVC0kPSu36GqdfJamhqKL\" style=\"\" rel=\"noopener\">not customary<\/a> for the sitting US president to attend each COP. US Climate Envoy John Kerry will be leading negotiations on behalf of his country at the conference. The UK\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d6c5e612-25d7-4137-8f33-2261d30b6675\" style=\"\" rel=\"noopener\">King Charles<\/a> and PM <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-09\/sunak-to-attend-cop28-summit-amid-green-policy-balancing-act\" style=\"\" rel=\"noopener\">Rishi Sunak<\/a>, <a target=\"_blank\" href=\"https:\/\/www.politico.eu\/article\/cop28-un-climate-summit-al-jaber-john-kerry-simon-stiell-madeleine-diouf-sarr-pope-francis-pedroso-cuesta-ruslan-edelgeriyev-xie-zhenhua-bill-gates-vanessa-nakate-khalid-al-mehaid-wopke-heostra\/\" style=\"\" rel=\"noopener\">Bill Gates<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/pope-says-will-attend-cop28-climate-summit-dubai-first-by-pontiff-2023-11-01\/\" style=\"\" rel=\"noopener\">Pope Francis<\/a> are among those expected to make an appearance at the summit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Biden seems to have other priorities:<\/strong>Earlier this month, Biden\u2019s advisors were reportedly weighing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d6c5e612-25d7-4137-8f33-2261d30b6675\" style=\"\" rel=\"noopener\">the president\u2019s priorities<\/a> at a time when the US is heavily involved the war on Gaza, grappling with a Republican-controlled House of Representatives over federal spending, and working on an upcoming presidential campaign that is expected to heat up in January.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:<\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/biden-skip-cop-climate-meeting-dubai-official-2023-11-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2023\/11\/26\/climate\/biden-climate-cop28-dubai.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2023\/nov\/27\/joe-biden-not-attending-cop28-summit-dubai-why-presidential-campaign#:~:text=Joe%20Biden-,Joe%20Biden%20will%20not%20attend%20the%20Cop28,in%20Dubai%2C%20US%20official%20says&text=US%20President%20Joe%20Biden%20will,that%20Biden%20would%20not%20attend.\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/live-news\/20231127-biden-to-miss-cop28-climate-summit-us-official\" style=\"\" rel=\"noopener\">France 24<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-11-27\/president-biden-plans-to-skip-cop28-climate-summit-in-dubai\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/climate-cop28-biden-climate-change-fossil-fuels-ab76a0325549b8b15b453361b2ca43b8\" style=\"\" rel=\"noopener\">AP News<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/politics\/2023\/11\/27\/climate-cop28-biden-climate-change-fossil-fuels\/7d6ca67a-8d36-11ee-95e1-edd75d825df0_story.html\" style=\"\" rel=\"noopener\">The Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbctv18.com\/environment\/us-president-joe-biden-skip-cop-climate-meeting-in-dubai-18417851.htm\" style=\"\" rel=\"noopener\">CNBC<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>IN OTHER COP NEWS<\/strong><strong>- Methane curbs will be a main focus at COP28: <\/strong>Although 150 nations have <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/42eeb848-551d-4de6-86e0-24a4ed860faa\" style=\"\" rel=\"noopener\">signed up<\/a> for the EU-backed Global Methane Pledge aimed at slashing generation volumes of the greenhouse gas (GHG) by at least 30% by 2030, more action is needed to turn emission reduction commitments into action, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/cop28-climate-summit-puts-spotlight-turning-methane-pledges-into-action-2023-11-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing comments made by the COP28 Presidency. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it\u2019s important: <\/strong>Methane emissions still totaled 135 mn metric tons last year and is the second most abundant anthropogenic GHG after CO2, the newswire writes. A legally binding agreement to phase it out needs to be hammered out during COP28 to meet global climate targets, the World Bank\u2019s former Climate Envoy Rachel Kyte told Reuters. The US and China <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/us-china-pledge-cooperation-climate-following-california-talks-2023-11-15\/\" style=\"\" rel=\"noopener\">will partner<\/a> with the UAE on holding a Methane and Non-CO2 Greenhouse Gases Summit at COP28 to help realize that target.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How to get there:<\/strong> Mechanisms for mobilizing capital to transition emerging markets from methane producing fossil fuels, as well as national schemes regulating methane output from the the oil and gas, waste, and agricultural sectors have to be formalized at the upcoming summit, the Presidency has urged. The World Bank is expected to launch a fund with support from fossil fuel companies at COP28 with the aim of setting up methane monitoring and clean up programs in developing countries, Reuters notes. Beyond methane curbs, the COP28 Presidency has urged heavily-polluting corporations and countries to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2d84a81a-fb62-4632-be04-f3264930f23d\" style=\"\" rel=\"noopener\">stop routine gas flaring by 2030<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s been progress ahead of COP: <\/strong>The US Methane Finance Sprint \u2014 which aimed to mobilize at least USD 200 mn during COP28 to help developing countries curb greenhouse gas emissions \u2014 will reportedly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/42eeb848-551d-4de6-86e0-24a4ed860faa\" style=\"\" rel=\"noopener\">exceed its targets<\/a>. The US and China \u2014 the world\u2019s largest carbon emitters \u2014 have agreed to count all non-carbon greenhouse gasses <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3b43c9c8-d93b-4de6-b485-ddbf60296a5c\" style=\"\" rel=\"noopener\">including methane<\/a> in the update of their national climate strategies. And over in the EU, lawmakers reached a provisional agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/42eeb848-551d-4de6-86e0-24a4ed860faa\" style=\"\" rel=\"noopener\">setting methane emission restrictions<\/a> for future oil and gas imports into the bloc earlier this month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>WATCH THIS SPACE-<\/strong><strong>Carbon offset purchases sink for the first time in a decade:<\/strong>Purchases of carbon offsets by banks, airlines, and other businesses saw a 17% drop y-o-y in 2022 as the market continues to face criticism regarding its efficacy in curbing emissions, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2023-11-27\/banks-airlines-use-controversial-solar-wind-credits-to-back-green-claims\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The drop has been attributed to \u201can erosion of confidence on the corporate side,\u201d offsets trade facilitator Emergent founder Eron Bloomgarden told Bloomberg. Meanwhile, the same period saw increased purchases by corporate buyers of offsets derived from wind, hydro, and solar projects, a \u201cparticularly controversial\u201d source because energy from these sources is already the cheapest option in much of the world.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/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 target=\"_blank\" href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><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 9am Cairo \/ 10am Riyadh \/ 11am UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong><a target=\"_blank\" href=\"http:\/\/www.enterprise.news\" style=\"\" rel=\"noopener\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, Enterprise Climate, Enterprise Logistics, and The Weekend Edition on our powerful new website packed with reader-friendly features. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Were you forwarded this email? <strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/climate\/en\/user\/NewsLetters\" style=\"\" rel=\"noopener\">subscription without charge here<\/a><\/strong> or reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/unfccc.int\/\" style=\"\" rel=\"noopener\">Conference of the Parties (COP28)<\/a><\/strong><strong> from Thursday, 30 November <\/strong><strong>through to Tuesday, 12 December<\/strong> in Dubai. COP28 will be divided into Blue and Green zones with the former reserved for heads of states, government delegations, and UN bodies. The green zone \u2014 which will be open to the public \u2014 will serve as a central hub where developers, industry leaders, NGOs, and climate activists come together to explore pathways to accelerate the transition to clean energy. The zone will host over 300 talks tackling the climate crisis and showcase climate-focused interactive exhibits.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman will host its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/greenhydrogensummitoman.com\/\" style=\"\" rel=\"noopener\">Green Hydrogen Summit<\/a><\/strong><strong> from Tuesday 12, December through to <\/strong><strong>Thursday, 14 December<\/strong> in Muscat. The two-day event will bring together green fuels developers, renewables companies, and policy makers in a bid to chart a course toward carbon-neutrality by 2050. Aside from the conference, the summit will also include <a target=\"_blank\" href=\"https:\/\/greenhydrogensummitoman.com\/masterclass-workshop-offer\/\" style=\"\" rel=\"noopener\">masterclasses<\/a> delving into the specifics of the green hydrogen value chain, from green electricity production to H2 production, distribution and storage. You can register for the event <a target=\"_blank\" href=\"https:\/\/greenhydrogensummitoman.com\/registration-2023\/\" style=\"\" rel=\"noopener\">here<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.futuremineralsforum.com\/\" style=\"\" rel=\"noopener\">Future Minerals Forum<\/a><\/strong><strong> from Tuesday, 9 January through to <\/strong><strong>Thursday, 11 January<\/strong> in Riyadh. The event will bring nations and private sectors together to enable the creation of resilient mineral value chains in the resource rich regions of Africa, Western Asia, and Central Asia. The forum will hold a ministerial roundtable with over 60 countries being represented., and delegates will discuss global critical mineral strategies as well as an international exhibition with over 150 exhibitors and industry sponsors. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\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\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/cop28\/\">COP28<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainable-aviation-fuels\/\">sustainable aviation fuels<\/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\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80851\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80852\" 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=\"80852\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">GREEN HYDROGEN<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/acwa-power-breaks-ground-on-its-uzbekistani-green-hydrogen-plant-ksa-pours-usd-bns-into-the-countrys-development\/\">\r\n                            Acwa Power breaks ground on its Uzbekistani green hydrogen plant + KSA pours USD bns into the country\u2019s development                        <\/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\/11\/28\/acwa-power-breaks-ground-on-its-uzbekistani-green-hydrogen-plant-ksa-pours-usd-bns-into-the-countrys-development\/\" target=\"_blank\">\n              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               <!-- <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\/11\/28\/acwa-power-breaks-ground-on-its-uzbekistani-green-hydrogen-plant-ksa-pours-usd-bns-into-the-countrys-development\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1517.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80853\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/acwa-power-breaks-ground-on-its-uzbekistani-green-hydrogen-plant-ksa-pours-usd-bns-into-the-countrys-development\/1517-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1517.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1517.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1517.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1517.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80852\" class=\"content-area-description single-story post-80852 post type-post status-publish format-standard has-post-thumbnail hentry category-green-hydrogen tag-acwa-power tag-enterpriseclimate tag-green-ammonia tag-green-hydrogen tag-saudi-arabia tag-uzbekistan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.f2ad1f3e-095b-4e56-abac-1058e650b565.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Acwa Power breaks ground on its green hydrogen plant in Tashkent<\/strong>: KSA renewables giant Acwa Power began construction on its green hydrogen production facility in Tashkent, Uzbekistan yesterday, according to the <a target=\"_blank\" href=\"https:\/\/uza.uz\/en\/posts\/the-president-of-uzbekistan-launches-the-most-prominent-energy-projects_542639\" style=\"\" rel=\"noopener\">Uzbekistan National News Agency<\/a> (UZA). The Saudi firm had signed an agreement with the Uzbek Energy Ministry and state-owned chemical company Uzkimyosanoat for development of the plant <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ecad5e18-7333-4c86-9254-d9f9875b15cb\" style=\"\" rel=\"noopener\">back in January<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details: <\/strong>Acwa\u2019s green hydrogen plant \u2014 expected to be commissioned in December 2024 \u2014 will be connected to an existing ammonia production plant inTashkent and will generate 3k tons of green hydrogen annually during its initial production phase. A 52 MW wind farm will be established to power the green hydrogen project, according to UZA, and a portion of the green hydrogen produced will be processed to generate mineral fertilizers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plans to use hydrogen for green ammonia production in Uzbekistan<\/strong>: Acwa Power said back in January it would conduct a feasibility study into establishing a green ammonia production facility with a 500k ton annual generation capacity in the Central Asian country. The proposed project would result in some 600 mn cubic meters of gas savings annually, offsetting about 1.5 mn tons of carbon emissions a year. Results of the study are due to be published in 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Acwa has big plans for Uzbekistan:<\/strong> The renewables giant signed three power purchase agreements <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/46255998-c3f3-4814-a5a4-2cdf891cf0cc\" style=\"\" rel=\"noopener\">totaling USD 2.5 bn<\/a> in March with the National Electric Grid of Uzbekistan and the country\u2019s Investment, Industry, and Trade Ministry for 1.4 GW worth of solar projects and three battery energy storage (BESS) units totalling a capacity of 1.5 GWh. Acwa Power has a 10-project green energy portfolio in Uzbekistan with a combined <a target=\"_blank\" href=\"https:\/\/www.acwapower.com\/news\/acwa-power-installed-the-largest-wind-turbine-in-central-asia\/\" style=\"\" rel=\"noopener\">USD 7.5 bn<\/a> investment value.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi is pouring USD bns into Uzbekistan:<\/strong> Saudi Arabia\u2019s Investment Minister Khalif Al-Falih and Uzbekistan\u2019s President Shavkat Mirziyoyev \u2014 who both attended the construction launch ceremony of the green hydrogen plant in Tashkent \u2014 also oversaw signing of a USD 12 bn development agreement between both countries in the fields of energy, agriculture, infrastructure development, chemistry, IT, and pharmaceuticals, according to a separate <a target=\"_blank\" href=\"https:\/\/uza.uz\/en\/posts\/the-president-of-uzbekistan-discusses-projects-for-developing-a-full-scale-partnership-with-the-delegation-of-saudi-arabia_542628\" style=\"\" rel=\"noopener\">UZA<\/a> report. Both sides emphasized a particular interest in establishing utility-scale power projects in the Central Asian country, although it is not clear the nature of the energy generation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And there\u2019s more coming: <\/strong>A separate USD 11 bn agreement was inked between both countries for collaboration in, among other industries, the transport infrastructure and utilities, household waste processing, irrigation, and geology sectors, UZA writes.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-ammonia\/\">GREEN AMMONIA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uzbekistan\/\">Uzbekistan<\/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=\"80854\" 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=\"80854\">\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\">GREEN FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/uaes-edb-will-extend-usd-350-mn-to-irenas-energy-transition-accelerator-financing-platform\/\">\r\n                            UAE\u2019s EDB will extend USD 350 mn to Irena\u2019s Energy Transition Accelerator Financing platform                        <\/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\" 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data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/uaes-edb-will-extend-usd-350-mn-to-irenas-energy-transition-accelerator-financing-platform\/1519-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1519.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1519.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1519.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1519.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80854\" class=\"content-area-description single-story post-80854 post type-post status-publish format-standard has-post-thumbnail hentry category-green-finance tag-enterpriseclimate tag-green-finance tag-irena tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.092f4b91-19bd-4f6c-8023-17b562c9472a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Irena\u2019s ETAF platform nabs USD 350 mn in financing:<\/strong> UAE\u2019s Emirates Development Bank (EDB) has signed an agreement with the International Renewable Energy Agency (Irena) to extend AED 1.3 bn (c.USD 350 mn) in financing to support Irena\u2019s Energy Transition Accelerator Financing (<a target=\"_blank\" href=\"https:\/\/etafplatform.org\/\" style=\"\" rel=\"noopener\">ETAF<\/a>) platform, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-development-bank-commits-aed-13bln-finance-under-irenas-energy-transition-accelerator-financing-platform-u2pkc1jr\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details:<\/strong> The agreement will see EDB provide financing for projects aligned with the Paris-agreed target of limiting global warming to 1.5\u00b0C above pre-industrial levels, the statement notes. EDB has a mandate to facilitate support to 13.5k companies across the renewables, manufacturing, technology, food security, and healthcare sectors by 2026, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About ETAF: <\/strong>The platform \u2014 supported by the UAE government \u2014 was launched in 2021 at COP26 to catalyze investments toward transitioning developing countries toward low-carbon resources. It surpassed its initial target of amassing USD 1 bn by 2030 by some USD 250 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f046a737-0b72-4e0b-bbc2-8190f369fc63\" style=\"\" rel=\"noopener\">back in July<\/a>. The Emirates' state-owned Abu Dhabi Fund for Development also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c47e178f-2548-418b-8449-0d67836e0dd7\" style=\"\" rel=\"noopener\">committed to contribute USD 400 mn<\/a> to the platform back in February.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cOur new partnership with IRENA comes at a critical time as the UAE prepares to host COP28 and bolster global efforts towards sustainable economic development. Through the ETAF platform, we will cultivate a robust pipeline of bankable renewable energy projects, and support entrepreneurs to bring high-quality, sustainable, and financially viable clean energy business to market,\u201d EDB\u2019s CEO Mohamed Al Naqbi noted.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/irena\/\">IRENA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80856 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"80856\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/80856\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80856\" class=\"content-area-description single-story post-80856 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareiph.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1828.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80857\" 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=\"80857\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">GREEN MOBILITY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/cairo-light-rail-transit-project-secures-a-usd-250-mn-soft-loan-from-chinese-companies\/\">\r\n                            Cairo Light Rail Transit project secures a USD 250 mn soft loan from Chinese companies                        <\/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\/11\/28\/cairo-light-rail-transit-project-secures-a-usd-250-mn-soft-loan-from-chinese-companies\/\" target=\"_blank\">\n                    Open in new tab            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                  <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1468.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80858\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/cairo-light-rail-transit-project-secures-a-usd-250-mn-soft-loan-from-chinese-companies\/1468-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1468.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1468.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1468.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1468.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80857\" class=\"content-area-description single-story post-80857 post type-post status-publish format-standard has-post-thumbnail hentry category-green-mobility tag-china tag-egypt tag-enterpriseclimate tag-green-finance tag-green-mobility wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.39b18321-2938-4ca6-b66d-796c24c96c3a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Fresh <\/strong><strong>funds for Cairo LRT project:<\/strong> Chinese companies <a target=\"_blank\" href=\"https:\/\/www.avic-intl.cn\/\" style=\"\" rel=\"noopener\">Aviation Industry<\/a><a target=\"_blank\" href=\"https:\/\/www.avic-intl.cn\/\" style=\"\" rel=\"noopener\">Corporation of China<\/a> (AVIC) and China Railway Major Bridge Engineering Group will provide the National Tunnels Authority (NTA) with a USD 250 mn soft loan to finance the fourth phase of the Cairo Light Rail Transit (LRT) project, <a target=\"_blank\" href=\"https:\/\/tinyurl.com\/ys8vkyd6\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing government officials it says are familiar with the matter. The two companies will round up the funds from international institutions and banks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER<\/strong>-The two companies <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1c4da48f-f479-42c2-99c6-68728dbe8a17\" style=\"\" rel=\"noopener\">inked a framework agreement<\/a> with the NTA earlier this month to design and construct in collaboration with local subcontractors the 16 km fourth phase of Cairo\u2019s LRT project, which will extend the route to 10th of Ramadan City. AVIC \u2014 the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/89cb9259-bf42-42bc-acdb-354768318727\" style=\"\" rel=\"noopener\">main contractor<\/a> for the LRT project \u2014 also signed an MoU for the fifth phase of the project, which will extend into the new capital, as well as an MoU for a light electric train that will link Al Rehab to the new capital.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the money go?<\/strong> The funds will be used to install electrical and mechanical systems, including central control and signaling and communications equipment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will pay up for the rest:<\/strong> The NTA will provide the financing for the construction work, which includes building the stations and laying the tracks, and is set to determine the total cost of this work by the end of the fiscal year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China ? Egypt\u2019s LRT: <\/strong><a target=\"_blank\" href=\"http:\/\/english.eximbank.gov.cn\/\" style=\"\" rel=\"noopener\">The Export-Import Bank of China<\/a> (China Eximbank) agreed to lend the government some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6458f82c-2670-4b1e-82c6-a60ea9e92244\" style=\"\" rel=\"noopener\">USD 400 mn<\/a> in September to finance the third phase of the project, which will be implemented by AVIC. The Chinese lender also agreed back in 2019 to extend a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/13ba3f9b-b925-4963-a4af-3b086803182d\" style=\"\" rel=\"noopener\">USD 1.2 bn loan<\/a> for the initial phases of the LRT\u2019s construction.<\/p>\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\/china\/\">China<\/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-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-mobility\/\">green mobility<\/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=\"80859\" 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=\"80859\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/zeroavia-secures-usd-116-mn-in-a-series-c-funding-round-with-help-from-the-neom-investment-fund\/\">\r\n                            ZeroAvia secures USD 116 mn in a Series C funding round with help from the Neom Investment Fund                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/zeroavia-secures-usd-116-mn-in-a-series-c-funding-round-with-help-from-the-neom-investment-fund\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The <a target=\"_blank\" href=\"https:\/\/www.ukib.org.uk\/\" style=\"\" rel=\"noopener\">UK Infrastructure Bank<\/a> joined the funding round as a cornerstone-level investor contributing USD 40 mn of the funding, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b6a35ed0-7845-4e16-b10c-a5558d960168\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports. The funding round was also co-led by <a target=\"_blank\" href=\"https:\/\/www.airbus.com\/en\" style=\"\" rel=\"noopener\">Airbus<\/a>, <a target=\"_blank\" href=\"https:\/\/home.barclays\/sustainability\/addressing-climate-change\/financing-the-transition\/sustainable-impact-capital\/\" style=\"\" rel=\"noopener\">Barclays Sustainable Impact Capital<\/a>, and Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/www.neom.com\/en-us\/invest\/neom-investment-fund\" style=\"\" rel=\"noopener\">Neom Investment Fund<\/a>, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details: <\/strong>Returning investors include Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Ecosystem Integrity Fund, Summa Equity, AP Ventures, and Amazon Climate Pledge Fund, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where is the money going? <\/strong>The funds will be used to help ZeroAvia develop its first hydrogen-electric engine \u2014 the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6dd4ff86-33d9-4500-930b-c16269d2637f\" style=\"\" rel=\"noopener\">ZA600<\/a> \u2014 for zero-emission flights and secure its certification by the end of 2025, the FT reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this important? <\/strong>ZeroAvia is pursuing hydrogen-electric propulsion systems as the most economical and eco-friendly solution to the impact of aviation fuel on climate change, ZeroAvia\u2019s earlier <a target=\"_blank\" href=\"https:\/\/zeroavia.com\/latest-financing-round\/\" style=\"\" rel=\"noopener\">statement<\/a> notes. Their hydrogen-electric engines use hydrogen in fuel cells to generate electricity, which is then used to power electric motors to turn the aircraft\u2019s propellers, with water being the only byproduct during flight. Airbus is doing the same with its fuel cell systems which are an important part of its <a target=\"_blank\" href=\"https:\/\/www.airbus.com\/en\/innovation\/low-carbon-aviation\/hydrogen\/zeroe\" style=\"\" rel=\"noopener\">ZEROe aircraft concepts program<\/a>, designed to deliver low-emission airframes of different sizes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ZeroAvia also has regional links: <\/strong>The company signed an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b8efeadd-7f02-43a8-a9db-da669e67208b\" style=\"\" rel=\"noopener\">agreement with Masdar<\/a> to explore hydrogen production and supply projects for aircrafts and paved the way for refueling its zero-emission aircrafts at commercial airports by 2030, with plans for the first hydrogen-fueled commercial flight by 2025. While the agreement initially targets North America and Europe for clean flight operations, they plan to later expand their operations in the UAE.<\/p>\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\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/neom-investment-fund\/\">Neom Investment Fund<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/zeroavia\/\">ZeroAvia<\/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=\"80861\" 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=\"80861\">\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\">DECARBONIZATION<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/the-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction\/\">\r\n                            The Emirates Water and Electricity Company kicks off registration for 4Q CEC auction                        <\/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\/11\/28\/the-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction\/\" 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\/11\/28\/the-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction\/')\">\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\/11\/28\/the-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction\/\">\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 Emirates Water and Electricity Company kicks off registration for 4Q CEC auction&url=https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/the-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction\/\">\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\/11\/28\/the-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction\/&title=The Emirates Water and Electricity Company kicks off registration for 4Q CEC auction\">\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+Emirates+Water+and+Electricity+Company+kicks+off+registration+for+4Q+CEC+auction+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F11%2F28%2Fthe-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction%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\/11\/28\/the-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/3932.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80862\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/the-emirates-water-and-electricity-company-kicks-off-registration-for-4q-cec-auction\/3932-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/3932.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3932.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/3932.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/3932.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80861\" class=\"content-area-description single-story post-80861 post type-post status-publish format-standard has-post-thumbnail hentry category-decarbonization tag-decarbonization tag-enterpriseclimate tag-ewec tag-renewable-energy-certificates tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.21cadf1e-77bd-444e-a0c7-5cad79def1e3.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Ewec opens registration for 4Q clean energy certificates auction:<\/strong> The Emirates Water and Electricity Company (Ewec) kicked off registration for its 4Q 2023 <a target=\"_blank\" href=\"https:\/\/www.ewec.ae\/en\/CleanEnergyCertificates\" style=\"\" rel=\"noopener\">clean energy certificates<\/a> (CEC) auction yesterday, according to a <a target=\"_blank\" href=\"https:\/\/www.ewec.ae\/en\/media\/press-release\/ewec-opens-q4-2023-clean-energy-certificates-auction\" style=\"\" rel=\"noopener\">statement<\/a>. Bidding for Ewec\u2019s CECs will close on Thursday, 14 December. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What are CECs?<\/strong> Renewable energy certificates (RECs) \u2014 of which clean energy certificates fall under \u2014 are a MWh-by-MWh way of proving that you own or created renewable energy. An REC is issued when one MWh is delivered to the electricity grid from a renewable energy source, the US Environmental Protection Agency <a target=\"_blank\" href=\"https:\/\/www.epa.gov\/green-power-markets\/renewable-energy-certificates-recs\" style=\"\" rel=\"noopener\">(EPA) notes<\/a>. While carbon credits help reduce greenhouse gas emissions, renewable energy certificates <a target=\"_blank\" href=\"https:\/\/blog.constellation.com\/2016\/02\/10\/what-are-renewable-energy-certificates\/#:~:text=The%20main%20difference%20between%20renewable,use%20from%20non%2Drenewable%20sources.\" style=\"\" rel=\"noopener\">offset non-renewable electricity use<\/a>.The certificates are currently the only mechanism in Abu Dhabi guaranteeing clean energy utilization, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ewec\u2019s<\/strong><strong> best trading year yet:<\/strong> The company has garnered the largest number of auction participants to date, the statement notes. Ewec made its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/af8eeaf0-0e81-499d-942b-87d0e1d87c72\" style=\"\" rel=\"noopener\">biggest single sale<\/a> of CECs to the UAE\u2019s digital infrastructure developer Two Zero last May, selling 7k GWh of clean energy. Earlier in January, the company sold over <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d6a54cfd-9b4a-4c3e-b76c-6c193e3b91ab\" style=\"\" rel=\"noopener\">9k GWh worth of certificates<\/a> to Abu Dhabi-based entities across different sectors, six months after the company\u2019s fourth auction was held in June 2022. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company has been lining up the green energy for upcoming CEC auctions: <\/strong>The company was part of the Masdar-led consortium that inaugurated the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/66d56efc-43f3-4761-97d0-72329c6d0269\" style=\"\" rel=\"noopener\">2 GW Al Dhafra Solar park<\/a> in Abu Dhabi last week. Ewec would be the project\u2019s sole power offtaker.Earlier in October, Ewec <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d9f76b3d-7174-4005-a640-be1c0f5e07ad\" style=\"\" rel=\"noopener\">secured<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d9f76b3d-7174-4005-a640-be1c0f5e07ad\" style=\"\" rel=\"noopener\">a power purchase agreement<\/a> (PPA) for the clean energy that will be generated by the UAE\u2019s first wind power program. Ewec also invited developers to submit expressions of interest for the development of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ac5a6d33-aaf5-4511-a65a-c057c0232f85\" style=\"\" rel=\"noopener\">1.5 GW Khazna<\/a> solar farm back in September, and plans to commission at least two other 1.5 GW solar projects as part of a target to increase Abu Dhabi\u2019s solar capacity annually by 1 GW in the next decade. <\/p>\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\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ewec\/\">Ewec<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewable-energy-certificates\/\">Renewable energy certificates<\/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=\"80863\" 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=\"80863\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/ksa-and-italy-explore-joint-investments-in-mining-and-hydrogen\/\">\r\n                            KSA and Italy explore joint investments in mining and hydrogen                        <\/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\/11\/28\/ksa-and-italy-explore-joint-investments-in-mining-and-hydrogen\/\" 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\/11\/28\/ksa-and-italy-explore-joint-investments-in-mining-and-hydrogen\/')\">\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\/11\/28\/ksa-and-italy-explore-joint-investments-in-mining-and-hydrogen\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=KSA and Italy explore joint investments in mining and hydrogen&url=https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/ksa-and-italy-explore-joint-investments-in-mining-and-hydrogen\/\">\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\/11\/28\/ksa-and-italy-explore-joint-investments-in-mining-and-hydrogen\/&title=KSA and Italy explore joint investments in mining and hydrogen\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=KSA+and+Italy+explore+joint+investments+in+mining+and+hydrogen+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F11%2F28%2Fksa-and-italy-explore-joint-investments-in-mining-and-hydrogen%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\/11\/28\/ksa-and-italy-explore-joint-investments-in-mining-and-hydrogen\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/627.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80864\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/ksa-and-italy-explore-joint-investments-in-mining-and-hydrogen\/627-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/627.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"627.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/627.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/627.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80863\" class=\"content-area-description single-story post-80863 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-climate-diplomacy tag-critical-minerals tag-enterpriseclimate tag-italy tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.80eb14af-a192-4792-bf60-c2ee5d1370a1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>KSA and Italy talk hydrogen and critical minerals:<\/strong>Italy is currently in talks with Saudi Arabia on joint investments in the automotive, mining, oil and gas, defense, hydrogen and space sectors, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/italy-saudi-arabia-discuss-investments-automotive-mining-oil-2023-11-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Monday, citing statements by Italian Industry Minister Adolfo Urso. The discussions come as Italian PM Giorgia Meloni pushes with efforts to reset ties with Gulf countries since she assumed office last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lured in by the kingdom\u2019s mining potential: <\/strong>Urso says Rome and Riyadh are set to develop a regulatory and industrial framework that accelerates strategic autonomy in the critical raw materials sector. \"We explored the possibility of partnerships and joint investments especially in the mining sector, both in our respective countries and in third areas, such as the African continent,\u201d he said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- We\u2019re going big with energy transition metals: <\/strong>Saudi Arabia aims to become a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/12ddae5d-d53a-4521-8749-3aaf57584946\" style=\"\" rel=\"noopener\">global hub<\/a> for green metals critical for the energy transition under efforts to diversify its economy away from oil. This includes tapping significant amounts of uranium and titanium discovered in the country, according to officials. KSA says it has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/551f255a-0fdc-447b-992d-0d0134c533b6\" style=\"\" rel=\"noopener\">untapped metals and minerals<\/a> \u2014 including copper, zinc, phosphate, and gold \u2014 collectively worth USD 1.3 tn.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/critical-minerals\/\">critical minerals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80865\" 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=\"80865\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/bahrains-riffa-views-and-uaes-agthia-group-ink-solar-agreements-chinas-exeed-luxury-evs-hit-egyptian-streets\/\">\r\n                            Bahrain\u2019s Riffa Views and UAE\u2019s Agthia Group ink solar agreements, China\u2019s Exeed luxury EVs hit Egyptian streets                        <\/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\/11\/28\/bahrains-riffa-views-and-uaes-agthia-group-ink-solar-agreements-chinas-exeed-luxury-evs-hit-egyptian-streets\/\" target=\"_blank\">\n               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data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/bahrains-riffa-views-and-uaes-agthia-group-ink-solar-agreements-chinas-exeed-luxury-evs-hit-egyptian-streets\/1502-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1502.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1502.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1502.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1502.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80865\" class=\"content-area-description single-story post-80865 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-bahrain tag-egypt tag-enterpriseclimate tag-evs tag-morocco tag-sirajpower tag-solar-energy tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.2d01f6da-241e-4a69-a35a-97dee6113754.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>RENEWABLES-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>RVOA signs lease agreements with Sirajpower:<\/strong> Bahrain\u2019s Riffa Views Owners Association (RVOA) has inked a 25-year solar lease agreement with Emirati solar energy provider SirajPower that will see SirajPower implementing solar solutions with a capacity of 1.6 MWp at Riffa Views, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/riffa-views-signs-a-25-year-solar-lease-agreement-with-sirajpower-to-generate-70gwh-of-clean-energy-rpqa3oqo\" style=\"\" rel=\"noopener\">statement<\/a>. The project aims to produce 70GWh of energy over the course of 25 years, offsetting approximately 50k metric tons of carbon dioxide emissions, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Yellow <\/strong><strong>Door Energy secures solar plant contracts from Agthia:<\/strong> UAE-based food and beverages giant Agthia Group has awarded Yellow Door Energy (YDE) contracts to establish two 5 MWp solar power plants, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/1457.pdf\" style=\"\" rel=\"noopener\">ADX filing<\/a>. The plants will cover 20% of the energy consumption of Agthia factories and generate 287 GWh. YDE is looking to deploy upwards of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/87d395ae-b0c1-408d-8fcb-284d097183dd\" style=\"\" rel=\"noopener\">USD 1 bn in projects<\/a> in the region after raising USD 400 mn from shareholders focusing on executing sustainable energy solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Agthia operations get greener:<\/strong> The conglomerate <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a791589a-cbce-4431-8346-c6857904a069\" style=\"\" rel=\"noopener\">signed an MoU<\/a> with Beeah Group and <a target=\"_blank\" href=\"https:\/\/www.veolia.com\/middleeast\/\" style=\"\" rel=\"noopener\">Veolia Middle East<\/a> subsidiary Repeet in January to assess the feasibility of a 40k sqm, 12k ton per annum polyethylene terephthalate recycling plant to cut around 18k metric tons of CO2 annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SDX <\/strong><strong>integrates renewables in its new strategy: <\/strong>UK-based SDX Energy revealed a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/1455.pdf\" style=\"\" rel=\"noopener\">new<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/1455.pdf\" style=\"\" rel=\"noopener\">corporate strategy (pdf)<\/a> yesterday which will see the company shift to becoming a hybrid energy provider in Morocco. The company plans to expand into renewable energy production while maintaining its Moroccan gas operations and explore the \"commercially compelling cross-sell of gas and green electricity,\" as SDX aims to become a regional player in the energy transition sector. The company said it was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2de9eb52-064c-464f-b278-2280e0853d89\" style=\"\" rel=\"noopener\">divesting its Egyptian assets<\/a> last September to focus on planned diversification in Morocco's energy transition sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ELECTRIC VEHICLES-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s Natco<\/strong><strong>will distribute Exeed EVs locally:<\/strong> Egypt's <a target=\"_blank\" href=\"https:\/\/www.natco-sae.com\/\" style=\"\" rel=\"noopener\">National Automotive Company<\/a><a target=\"_blank\" href=\"https:\/\/www.natco-sae.com\/\" style=\"\" rel=\"noopener\">(Natco)<\/a> has acquired exclusive rights to Chinese automaker <a target=\"_blank\" href=\"https:\/\/www.exeedinternational.com\/\" style=\"\" rel=\"noopener\">Exeed<\/a> \u2019s high-tech luxury cars and EV models in the Egyptian market, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/natco-acquires-the-premium-brand-exeed-as-an-exclusive-general-distributor-in-egypt-yrevgvdd\" style=\"\" rel=\"noopener\">statement<\/a>. Egypt\u2019s government launched <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/50566655-418f-40e4-b5ca-7913be69829e\" style=\"\" rel=\"noopener\">an electronic platform<\/a> earlier this month for the Egyptian Automotive Industry Development Program to encourage EV localization and enhance the country\u2019s existing assembly and manufacturing capabilities. Mercedes-Benz also released a range of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bfc1f88f-4a8d-4384-8d8f-eb7c15b6e589\" style=\"\" rel=\"noopener\">all-electric sedans<\/a> in Egypt earlier this month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Iran\u2019s SATBA + INIF to support small-scale renewable energy projects: <\/strong>Iran\u2019s Renewable Energy and Energy Efficiency Organization (SATBA) have signed an MoU with the Iran National Innovation Fund (INIF) to provide IRR 3 tn (USD 6 mn) in funding to implement small-scale projects in the renewable energy sector, including supply contracts, industrial self-supply power plants, and renewable power plants in industrial and specialized solar towns. (<a target=\"_blank\" href=\"https:\/\/www.tehrantimes.com\/news\/491794\/SATBA-INIF-ink-MOU-to-pay-6m-of-facilities-to-renewable-energy\" style=\"\" rel=\"noopener\">Tehran Times<\/a>) <\/li>\n<\/ul>\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\/bahrain\/\">Bahrain<\/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\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sirajpower\/\">Sirajpower<\/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                            <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=\"80867\" 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=\"80867\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/spains-iberdrola-and-australias-ifm-will-bns-in-the-uks-renewables-sector-and-green-transition-mozambique-set-to-launch-their-usd-80-bn-energy-transition-plan\/\">\r\n                            Spain\u2019s Iberdrola and  Australia\u2019s IFM will bns in the UK\u2019s renewables sector and green transition + Mozambique set to launch their USD 80 bn energy transition plan                        <\/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\/11\/28\/spains-iberdrola-and-australias-ifm-will-bns-in-the-uks-renewables-sector-and-green-transition-mozambique-set-to-launch-their-usd-80-bn-energy-transition-plan\/\" 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          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href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/spains-iberdrola-and-australias-ifm-will-bns-in-the-uks-renewables-sector-and-green-transition-mozambique-set-to-launch-their-usd-80-bn-energy-transition-plan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1495.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80868\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/spains-iberdrola-and-australias-ifm-will-bns-in-the-uks-renewables-sector-and-green-transition-mozambique-set-to-launch-their-usd-80-bn-energy-transition-plan\/1495-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1495.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1495.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1495.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1495.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80867\" class=\"content-area-description single-story post-80867 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-australia tag-enterpriseclimate tag-iberdrola tag-mozambique tag-spain tag-uk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.786ccfba-6924-4187-ae99-2f59c934a8a8.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Iberdrola <\/strong><strong>will sink EUR 12 bn in the UK\u2019s renewables sector:<\/strong> Spanish renewable energy giant Iberdrola is investing around EUR 12 bn (USD 13 bn) in grids and renewable projects in the UK between 2024 and 2028, according to a <a target=\"_blank\" href=\"https:\/\/www.iberdrola.com\/press-room\/news\/detail\/iberdrola-sets-out-12bn-investment-plan-at-uk-global-investment-summit\" style=\"\" rel=\"noopener\">statement<\/a>. The company already invested more than EUR 2 billion in the UK as part of its previously announced EUR 6.7 bn program and plans to build on this with over EUR 7 bn more in the years 2026-28, amounting to EUR 12 bn. Iberdrola will also continue investing in its East Anglia 3 offshore wind farm and other onshore wind and solar projects. Iberdrola has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/66751653-56a4-43d0-bff8-466ec3fa00b0\" style=\"\" rel=\"noopener\">giant backers<\/a> including Norway's sovereign wealth fund and Masdar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong>Australia\u2019s IFM will back the UK\u2019s energy transition:<\/strong> Australian global investment manager <a target=\"_blank\" href=\"https:\/\/www.ifminvestors.com\/\" style=\"\" rel=\"noopener\">IFM Investors<\/a> is set to roll out GBP 10 bn in funds by 2027 after signing an MoU with the UK government, according to a <a target=\"_blank\" href=\"https:\/\/www.ifminvestors.com\/news-and-insights\/media-centre\/ifm-investor-signs-mou-with-uk-government-intends-to-invest-10-billion-in-uk-by-2027\/\" style=\"\" rel=\"noopener\">statement<\/a>. IFM\u2019s investment will go towards large-scale infrastructure and energy transition projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Vietnam finalizing climate reform commitments to unlock G7 funding:<\/strong> Vietnam is reportedly close to finalizing national reform commitments with G7 countries and multilateral lenders in a bid to unlock bns of USD in funding for renewables and power grid upgrade projects that would help it reduce dependency on coal, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/g7-vietnam-making-final-tweaks-climate-plan-ahead-cop28-sources-2023-11-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a source familiar with the matter. Vietnam \u2014 for whom coal constituted 31% of the installed energy mix in 2020 \u2014 signed an agreement with international investors last year that could unlock as much as <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/g7-offers-costly-loans-few-grants-help-vietnam-cut-coal-documents-2023-10-30\/\" style=\"\" rel=\"noopener\">USD 15.2 bn<\/a> in green commercial loans over three-five years provided it makes changes to its regulatory framework to help remove investment obstacles, the newswire notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Coming soon: <\/strong>The reform commitments agreement has to be finalized before COP28 kicks off on Thursday to make 272 of the country\u2019s planned electricity grid enhancement, solar energy, and wind power projects eligible for the USD 15.2 bn green financing, Reuters notes. Vietnam has set a target to stop coal-fired plant expansions after 2030, but plans to increase coal capacity to 30 GW by the same date from about 21 GW in 2020.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mozambique<\/strong><strong>approves USD 80 bn energy transition plan:<\/strong> Mozambique approved a USD 80 bn strategy to attract investments and reduce the nation's dependence on fossil fuels by 2050, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-11-27\/mozambique-approves-80-billion-energy-transition-strategy#xj4y7vzkg\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The Energy Transition Strategy will see the addition of 2 GW of hydropower capacity by 2030 and the expansion of the transmission grid to allow for the addition of more renewable energy. President Filipe Nyusi will announce the full program of the plan on 2 December at COP28, Bloomberg notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING<\/strong><strong>-<\/strong><\/p>\n<ul>\n<li><strong>Greenpeace accuses China of \u201cgreenwashing\u201d LNG purchases: <\/strong>Greenpeace is accusing Chinese oil and gas companies of using carbon offsets to greenwash their natgas imports, while failing to make significant cuts to their emissions. Chinese firms including PetroChina and CNOOC Gas and Power have penned agreements with Shell to buy \"carbon neutral\" LNG, which uses \"forest offsets\" to balance out carbon emissions. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/greenpeace-accuses-china-oil-gas-firms-greenwashing-lng-purchases-2023-11-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>China is offering households incentives to curb emissions: <\/strong>China is implementing \u201ccarbon inclusion\u201d programmes in a bid to urge citizens to help in the achievement of carbon neutrality by 2060. The \"carbon coins'' program offers commuters a chance to earn shopping vouchers and travel cards in return for using public transport. (<a target=\"_blank\" href=\"https:\/\/www.google.com\/url?q=https:\/\/www.reuters.com\/sustainability\/china-turns-households-fight-slash-carbon-emissions-2023-11-27\/&sa=D&source=editors&ust=1701112824026299&usg=AOvVaw266w0ewkz2ZRZIxSXQ4rzP\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/australia\/\">Australia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/iberdrola\/\">Iberdrola<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mozambique\/\">Mozambique<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/spain\/\">Spain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uk\/\">UK<\/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=\"80869\" 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=\"80869\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/morocco-is-keen-to-increase-its-renewables-capacity-but-it-faces-many-obstacles\/\">\r\n                            Morocco is keen to increase its renewables capacity, but it faces many obstacles                        <\/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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    <\/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\/11\/28\/morocco-is-keen-to-increase-its-renewables-capacity-but-it-faces-many-obstacles\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1485.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80870\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/28\/morocco-is-keen-to-increase-its-renewables-capacity-but-it-faces-many-obstacles\/1485-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1485.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1485.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1485.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1485.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80869\" class=\"content-area-description single-story post-80869 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-in-the-news tag-enterpriseclimate tag-morocco tag-solar-energy tag-wind-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.abeb1dfc-7c6a-4388-b64b-9fb66f41149c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco\u2019s eyeing more renewables, but location is key: <\/strong>Morocco has presented significant plans for green energy production in its budget for 2024 \u2014 including provisions for wind, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7893e280-5313-4725-993b-1caf67b0058f\" style=\"\" rel=\"noopener\">green hydrogen<\/a>, and ammonia \u2014 however, around 81% of the allocated land for these projects is located in the contested Western Sahara, <a target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/eliasferrerbreda\/2023\/11\/26\/moroccogate-corruption-and-blood-renewables-in-the-western-sahara\/?ss=energy&sh=3f5b1e643ea2\" style=\"\" rel=\"noopener\">Forbes<\/a> reports, citing a report from the NGO Western Sahara Resource Watch. Morocco is betting big on renewable energy \u2014 with a particular emphasis on wind power \u2014 as the Western Sahara\u2019s coasts have strong, consistent winds ranging from 7-11 meters per second, Forbes writes. Morocco has already built a 300 MW wind farm in Tarfaya \u2014 the largest wind farm in Africa \u2014 just across the border from the Western Sahara.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EU may not budge:<\/strong> The European Union has said that it would not import energy from the Western Sahara due to the disputed status of the territory, which it recognizes as separate from Morocco under international law, Forbes writes. However, EU countries including Portugal, Spain, France, and Germany signed a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/1487.pdf\" style=\"\" rel=\"noopener\">Joint Declaration (pdf)<\/a> with Morocco in 2016 for future cooperation on renewable energy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>UAE<\/strong><strong> reportedly planned to discuss fossil fuel deals during COP28:<\/strong> Leaked briefing documents reveal the UAE planned to use its role as host of the COP28 summit to discuss fossil fuel deals with 15 nations. The UAE\u2019s COP28 team did not deny its intention to conduct business talks during the climate summit, saying that \"private meetings are private\" and work has been focused on \u201cmeaningful climate action.\u201d (<a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/science-environment-67508331\" style=\"\" rel=\"noopener\">BBC<\/a>)<\/li>\n<li><strong>Mining <\/strong><strong>giants fight for Australia\u2019s lithium corridor:<\/strong> Global mining companies are warring over the acquisition of mining rights in the lithium corridor in Australia's western desert. Giants like US-based <a target=\"_blank\" href=\"https:\/\/www.albemarle.com\/\" style=\"\" rel=\"noopener\">Albemarle<\/a> and Chile\u2019s <a target=\"_blank\" href=\"https:\/\/www.sqm.com\/en\/\" style=\"\" rel=\"noopener\">SQM<\/a> failed to acquire supply from <a target=\"_blank\" href=\"https:\/\/www.ltresources.com.au\/\" style=\"\" rel=\"noopener\">Liontown Resources<\/a> and <a target=\"_blank\" href=\"https:\/\/azureminerals.com.au\/\" style=\"\" rel=\"noopener\">Azure Minerals<\/a> respectively as Australian magnate <a target=\"_blank\" href=\"https:\/\/www.ginarinehart.com.au\/\" style=\"\" rel=\"noopener\">Gina Rinehart<\/a> bought in both companies to drive other suitors off. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/ce18cc79-b501-440e-a12a-1473fd85d88e\" style=\"\" rel=\"noopener\">The Financial Times<\/a>) <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wind-energy\/\">Wind Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80871\" 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\/11\/28\/80871\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80871\" class=\"content-area-description single-story post-80871 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 style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER 2023<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-30 November (Monday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/ADGlobalMarket\/status\/1672228350046224384\" style=\"\">Abu Dhabi Finance Week (ADFW)<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-29 November (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wges.ae\/\" style=\"\">World Green Economy Summit (WGES)<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 November - 12 December (Thursday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/unfccc.int\/\" style=\"\">Conference of the Parties (COP 28)<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER 2023<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-10 December (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabisustainabilityweek.com\/en\/media\/news\/adsw-sets-out-bold-global-climate-action-agenda-at-cop28\" style=\"\">Abu Dhabi Sustainability Week COP28 Special Edition<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-7 December (Sunday- Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qu.edu.qa\/sites\/en_US\/about\/events\/The-Third-International-Congress-of-Engineering-and-Technology-%E2%80%93-ICET%E2%80%932023\" style=\"\">International Congress of Engineering and Technology<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qu.edu.qa\/sites\/en_US\/about\/events\/The-Third-International-Congress-of-Engineering-and-Technology-%E2%80%93-ICET%E2%80%932023\" style=\"\">(ICET)<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 December (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.greeninitiatives.gov.sa\/about-sgi\/\" style=\"\">Saudi Green Initiative Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 December (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabisustainabilityweek.com\/en\/Media\/News\/ADSW-to-Host-Special-Edition-at-COP28\" style=\"\">Abu Dhabi Sustainability Week (ADSW)<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303210320\" style=\"\">International Conference on Global Warming<\/a><\/span><span style=\"font-weight:400;\">, Ras Al Khaimah, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 December (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/events.reutersevents.com\/energy-transition\/energy-mena?gad=1&gclid=CjwKCAjwp8OpBhAFEiwAG7NaEkLySAaI28xtTFfTJpxpdId4Xty5U8JBg8CGmDkjoI7AEv9U5WtmQBoCxdcQAvD_BwE\" style=\"\">Reuters\u2019 Energy Transition MENA Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-8 December (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/fii-institute.org\/conference\/priority-asia-in-hong-kong\/#section-236-345\" style=\"\">Future Investment Initiative (FII) Priority<\/a><\/span><span style=\"font-weight:400;\">, Hong Kong.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 December (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/masdar.ae\/Strategic-Platforms\/Youth-4-Sustainability\/Youth-4-Sustainability-Hub\" style=\"\">Youth for Sustainability Forum (Y4S)<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/ghseoman\/\" style=\"\">Green Hydrogen Summit Oman<\/a><\/span><span style=\"font-weight:400;\">, Muscat, Oman.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-20 December (Monday-Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-sg.com\/en\/\" style=\"\">Saudi Arabia Smart Grid Conference<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-11 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.futuremineralsforum.com\/\" style=\"\">Future Minerals Forum<\/a><\/span><span>, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-28 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\" style=\"\">Management and Sustainability of Water Resources<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-6 March (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dust.ncm.gov.sa\/register\/\" style=\"\">International Conference on Sand and Dust Storms in the Arabian Peninsula<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfutureenergysummit.com\/\" style=\"\">World Future Energy Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mena.gh2events.com\/\" style=\"\">Connecting Green Hydrogen MENA<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 May (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudienergyconvention.com\/\" style=\"\">Saudi Energy Convention<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, KSA. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5 June (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.unep.org\/news-and-stories\/press-release\/saudi-arabia-host-world-environment-day-2024-focus-land-restoration\" style=\"\">World Environment Day<\/a><\/span><span style=\"font-weight:400;\">, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aemobforum.com\/\" style=\"\">Autonomous E-Mobility Forum<\/a><\/span><span>, Doha, Qatar. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-13 December (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.unccd.int\/news-stories\/notifications\/sixteenth-session-unccd-conference-parties-cop-16-riyadh\" style=\"\">Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, KSA.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2024 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Early 2024: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/us-algeria-energy-and-investment.org\/\" style=\"\">The 2023 US Algeria Energy Forum<\/a><\/span><span style=\"font-weight:400;\">, Washington DC, USA.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.safcongressmena.com\/\" style=\"\">Sustainable Aviation Futures MENA Congress<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>End-2024: Emirati <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/ar.ae\" style=\"\">Masdar<\/a><\/span><span>\u2019s 500 MW wind farm in Uzbekistan to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13a804af-a659-4152-82b2-a3c920862f2b\" style=\"\">begin commercial operations<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\" style=\"\">QatarEnergy<\/a><\/span><span>\u2019s industrial cities solar power project <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa55bc3-dec6-4f46-b806-25518b05cda1\" style=\"\">will start electricity<\/a><\/span><span style=\"font-weight:400;\"> production. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iucn.org\/our-union\/iucn-world-conservation-congress\" style=\"\">International Union for Conservation of Nature World Conservation Congress<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>UAE to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9ec60000-0539-4d85-baf5-5beaf020a34f\" style=\"\">have over 1k<\/a><\/span><span style=\"font-weight:400;\"> EV charging stations installed. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-29 October (Monday-Thursday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/en\/N2002883\" style=\"\">World Energy Congress<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/uitpsummit.org\/\" style=\"\">UITP Global Public Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2023\/04\/19\/imf-and-the-world-bank-group-to-hold-2026-annual-meetings-in-bangkok-thailand\" style=\"\">Annual Meetings of the World Bank and the International Monetary Fund<\/a><\/span><span style=\"font-weight:400;\">, Bangkok, Thailand.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1Q 2026: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\" style=\"\">QatarEnergy<\/a><\/span><span>\u2019s USD 1 bn blue ammonia plant <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\" style=\"\">to be completed<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>End-2026: HSBC Bahrain to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a2ead528-71fb-423b-a6f8-e18b2c9897d8\" style=\"\">eliminate single-use<\/a><\/span><span style=\"font-weight:400;\"> PVC plastic cards. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>MENA\u2019s district cooling market is <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59376411-8296-47dc-87cc-43ddc792bba4\" style=\"\">expected to reach<\/a><\/span><span style=\"font-weight:400;\"> USD 15 bn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2030 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>UAE\u2019s Abu Dhabi Commercial Bank (ADCB) wants to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\" style=\"\">provide AED 35 bn<\/a><\/span><span style=\"font-weight:400;\"> in green financing. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>UAE <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a9c832ed-f423-479e-884d-90cabefe3a0b\" style=\"\">targets 14 GW<\/a><\/span><span style=\"font-weight:400;\"> in clean energy capacity.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Tunisia <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c5659c7-cf17-4cd6-9d18-c8afb5c643fb\" style=\"\">targets 30%<\/a><\/span><span style=\"font-weight:400;\"> of renewables in its energy mix.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Qatar wants to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7881b1d2-724a-4914-ba85-0545e72901c9\" style=\"\">generate USD 17 bn<\/a><\/span><span style=\"font-weight:400;\"> from its circular economy, creating 9k-19k jobs. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Morocco\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\" style=\"\">Xlinks<\/a><\/span><span> solar and wind energy project to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\" style=\"\">generate 10.5 GW<\/a><\/span><span style=\"font-weight:400;\"> of energy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2035 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Qatar to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\" style=\"\">capture up to 11 mn tons<\/a><\/span><span style=\"font-weight:400;\"> of CO2 annually. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2045 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Qatar\u2019s Public Works Authority\u2019s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm\/d capacity. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2050<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/Presidencedugouvernementtunisien\/posts\/pfbid02urYKuUDF91i7dtVRR3yrSFzM4p5aG1JUormqfgnbjuUMTSGzmL2DrY8Z7wyfA7vBl?locale=ar_AR\" style=\"\">Tunisia\u2019s carbon neutrality target<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2060 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Nigeria aims to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\" style=\"\">achieve its net-zero<\/a><\/span><span> emissions target.<\/span><\/p>\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":"<p>Acwa Power breaks ground on Uzbekistan green hydrogen plant | UAE\u2019s EDB extends USD 350 mn to Irena\u2019s accelerator | ZeroAvia nabs USD 116 mn in funding.<\/p>\n","protected":false},"featured_media":80848,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-80847","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e7f73977-fe9b-434d-a956-48b68c3c0972","teaser":"Acwa Power breaks ground on Uzbekistan green hydrogen plant | UAE\u2019s EDB extends USD 350 mn to Irena\u2019s accelerator | ZeroAvia nabs USD 116 mn in funding.","photo_url":"https:\/\/ent.news\/2021\/9\/3446.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>Acwa Power breaks ground on its green hydrogen plant in Uzbekistan - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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