{"id":82308,"date":"2024-02-12T07:00:00","date_gmt":"2024-02-12T07:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=82308"},"modified":"2025-12-15T10:19:25","modified_gmt":"2025-12-15T10:19:25","slug":"omans-x2e-will-invest-usd-1-6-bn-into-biofuels-over-two-years","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/omans-x2e-will-invest-usd-1-6-bn-into-biofuels-over-two-years\/","title":{"rendered":"Oman\u2019s X2E will invest USD 1.6 bn into biofuels over two years"},"content":{"rendered":"<section id=\"82310\" 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=\"82310\">\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\/2024\/02\/12\/today-omans-x2e-will-invest-usd-1-6-bn-into-biofuels-over-two-years\/\">\r\n                            TODAY: Oman\u2019s X2E will invest USD 1.6 bn into biofuels over two years                        <\/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\/2024\/02\/12\/today-omans-x2e-will-invest-usd-1-6-bn-into-biofuels-over-two-years\/\" 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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But first, some exciting news from the UK\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>UK sets nuclear fusion production <\/strong><strong>record<\/strong><strong>: <\/strong>Researchers at England's Joint European Torus (JET) have set a new record for nuclear fusion power production, generating 69 megajoules from just 0.2 milligrams of fuel. The project is part of the UK\u2019s plans to kick off operations on the world's first fusion power plant in the 2040s with the project expected to be delivered by a new nuclear body. The UK lab\u2019s record follows four decades of research, with scientists attempting to generate temperatures 10x hotter than the solar interior in order for the atoms to fuse together on Earth. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There could be big implications for the global green transition: <\/strong>Nuclear fusion could generate <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e2d1dc58-4343-4e75-a381-a556f33edfb6\" style=\"\" rel=\"noopener\">nearly<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e2d1dc58-4343-4e75-a381-a556f33edfb6\" style=\"\" rel=\"noopener\">four mn times<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e2d1dc58-4343-4e75-a381-a556f33edfb6\" style=\"\" rel=\"noopener\">more<\/a> energy than burning oil or coal. Following a second nuclear fusion net gain recorded in the US <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c4c0ea2c-0dab-49b2-ac66-ebc107d7b702\" style=\"\" rel=\"noopener\">in August<\/a>, the country\u2019s Special Envoy for Climate John Kerry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e2d1dc58-4343-4e75-a381-a556f33edfb6\" style=\"\" rel=\"noopener\">launched an international plan<\/a> to accelerate global fusion energy development at COP28.<\/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 over the weekend:<\/strong><a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/environment\/2024\/feb\/08\/energy-based-on-power-of-stars-is-step-closer-after-nuclear-fusion-heat-record\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/science-environment-68233330\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/2024\/02\/08\/climate\/nuclear-fusion-energy-milestone-climate\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/629fc9ca-f444-4fe5-8994-4b22b7a8ca15\" style=\"\" rel=\"noopener\">The Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/live-news\/20240208-scientists-in-uk-set-fusion-record\" style=\"\" rel=\"noopener\">France 24<\/a> <\/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 class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/globalsmartcityforum.sa\/en\/default.aspx\" style=\"\" rel=\"noopener\">Global Smart City Forum<\/a><\/strong><strong> kicks off today in Riyadh and will conclude on Thursday. <\/strong>The two-day event will host over 100 speakers from 40 different countries who will present the latest technologies on AI and smart city building.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- Acwa Power begins research on green hydrogen + ammonia project in Egypt: <\/strong>KSA\u2019s Acwa Power has begun conducting feasibility studies for its USD 4 bn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ef73b6e7-b119-4f74-bbd8-3829e9a814d0\" style=\"\" rel=\"noopener\">green hydrogen and ammonia project<\/a> in the Suez Canal Economic Zone (SCZone), Vice Chairman and Managing Director of Acwa Power Saudi Arabia Raad Al-Saadi told <a target=\"_blank\" href=\"https:\/\/bit.ly\/48fS7g1\" style=\"\" rel=\"noopener\">Asharq Al-Awsat<\/a> on Friday. Acwa Power is working with the Sovereign Fund of Egypt, the Suez Canal Economic Zone, the Egyptian Electricity Transmission Company, and the New and Renewable Energy Authority, on the project, which is part of the company\u2019s wider plans to become a major exporter of the green fuel to the Middle East and Europe, Al-Saadi added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The agreement was just sealed recently:<\/strong> Acwa <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ef73b6e7-b119-4f74-bbd8-3829e9a814d0\" style=\"\" rel=\"noopener\">inked an agreement<\/a> with the Egyptian government to develop the project last December. The first phase will have the capacity to produce 600k tons of green ammonia annually, while the second phase will expand the plant\u2019s output by another 2 mn tons. The predicted investment value of the second phase was not disclosed, as well as the expected timeline for the entire project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EGYPT NEWS- <\/strong>The Energy and Environment Committee of the Egyptian Senate has reviewed a study recommending that the government develop an atlas of geothermal energy potential and explore its applications for heat or energy generation, <a target=\"_blank\" href=\"https:\/\/bitly.ws\/3cGHn\" style=\"\" rel=\"noopener\">Al Mal<\/a> reported last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What do we know about Egypt\u2019s geothermal resources? <\/strong>Egypt\u2019s potential <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/24291648-b74a-42a0-ad5d-7fc2f86a25ed\" style=\"\" rel=\"noopener\">sources of geothermal energy<\/a> \u2014 which lie between <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=c32a67fe73&e=05dac286dc\" style=\"\" rel=\"noopener\">95 -221 mn kWh<\/a> \u2014 are concentrated in the Gulf of Suez, the Red Sea, and the Western Desert regions, according to a <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=2ebe193c78&e=05dac286dc\" style=\"\" rel=\"noopener\">2021 geological study (pdf)<\/a> by researchers at Saudi\u2019s King Saud University and Egypt\u2019s Benha University. The \u201cmajority of geothermal resources in Egypt can be categorized as medium to low-temperature potentials,\u201d the study found, adding that the high-temperature assets that would be needed to produce on an industrial scale are few and far between.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- <\/strong><strong>PIF-backed <\/strong><strong><a target=\"_blank\" href=\"https:\/\/lucidmotors.com\/\" style=\"\" rel=\"noopener\">Lucid<\/a><\/strong><strong> could soon<\/strong><strong> move to full production of EVs <\/strong><strong>in Jeddah<\/strong>, Marketing Director for Middle East Firas Kandalaft told <a target=\"_blank\" href=\"https:\/\/www.aleqt.com\/2024\/02\/09\/article_2698611.html\" style=\"\" rel=\"noopener\">Al Eqtisadiah<\/a> on Friday. The first phase of production at Lucid\u2019s second Advanced Manufacturing Plant (AMP-2) in Jeddah\u2019s King Abdullah Economic City was limited to the assembly or manufacturing of some EV parts, he said. The AMP-2 is Lucid\u2019s first plant overseas.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In context: <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f1a7c6c9-3230-4826-bf42-f40bb8dd47a6\" style=\"\" rel=\"noopener\">Lucid\u2019s AMP-2<\/a>, the company\u2019s first international plant which was inaugurated in September, has been carrying out semi knocked-down (SKD) assembly with a capacity of 5k vehicles per annum, re-assembling Lucid Air vehicle kits manufactured in Arizona\u2019s AMP-1 plant, <a target=\"_blank\" href=\"https:\/\/lucidmotors.com\/media-room\/lucid-makes-history-saudi-arabia-first-car-manufacturing-facility\" style=\"\" rel=\"noopener\">according to the company<\/a>. The shift to completely built-up (CBU) production at its plant in Jeddah will help it boost production capacity to 155k vehicles per year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Keep an eye on the rollout of Lucid Gravity:<\/strong> Lucid plans to unroll its new fully electric SUV, the Lucid Gravity, in the Kingdom soon, Kandalaft said. His statements <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5530ded4-0dec-45ec-b595-2a9cab4370b7\" style=\"\" rel=\"noopener\">come a few weeks<\/a> after Lucid said it has expanded its advanced manufacturing plant in Arizona as it gears up to roll out the Lucid Gravity. Lucid is 60% owned by the PIF. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3- HSBC to start reporting off-balance sheet <\/strong><strong>emissions<\/strong><strong>: <\/strong>The UK\u2019s largest banking group HSBC will begin reporting carbon footprints linked to capital raises and lending to Big Oil firms in its annual report following pressure from its shareholders, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/7a97e9c9-444f-4a5a-88ee-e5e9a8aea4d2\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports. The move will see the bank include carbon disclosures on all capital market transactions, including bond issuances linked to drilling projects where HSBC would act as an arranger, an area previously seen as a \u201cclimate blind-spot\u201d for banks, the FT reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The British bank has a lots of investments in big oil:<\/strong> The bank was among lenders managing a USD 3.3 bn revolving credit facility for Italy\u2019s Eni targeting oil and gas expansions last year and worked on a USD 3 bn fundraising round for Aramco-backed Greensaif Pipelines Bidco, the FT notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- HSBC signed an agreement with Google to provide financing for companies looking to slash carbon emissions under its Cloud Ready-Sustainability program<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/hsbc-partners-with-google-hit-1-bln-climate-tech-finance-goal-2024-02-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing executives from both firms. This comes as part of the bank\u2019s target to channel USD 1 bn in climate funding toward scaling green tech businesses companies by 2030. The bank hopes its partnership with Google will help it transition 1.3 mn of its clients to net zero by 2050. The company has already inked the partnership\u2019s first loan agreement, but did not disclose the specifics of the debt terms.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Investors have not been bullish on green tech of late:<\/strong> Climate tech funding <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8e107826-b9b9-4ee8-a078-7b8980d0a0f2\" style=\"\" rel=\"noopener\">dropped 40%<\/a> y-o-y in 3Q 2023 due to a global investment downturn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>#4- <\/strong><strong>EU <\/strong><strong>passes truck emissions law after Germany's late demands: <\/strong>The European Union has approved a law to reduce carbon emissions from heavy-duty vehicles by 90% by 2040, following a last-minute demand by Germany to include trucks running on climate-neutral e-fuels like e-methane or e-methanol, to be counted towards the target, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/eu-countries-back-truck-emissions-law-after-german-hold-up-2024-02-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. Ahead of the vote, Germany's Transport Minister Volker Wissing called for the CO2-neutral fuel powered trucks to be eligible to count towards the EU transition target for trucks, instead of considering electric-powered trucks only. The new law is still pending parliament approval.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>US <\/strong><strong>+ EU partner to counter China's critical minerals dominance: <\/strong>The US and the European Union are planning to launch a new initiative to reduce their dependence on China for critical minerals, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-09\/eu-us-to-align-global-minerals-push-against-china-s-supply-grip\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing people with knowledge of the matter. The initiative would align outreach efforts to buyers in developed countries and resource-rich nations to cooperate on projects and policies and develop standards on investment, trade, research and environmental issues. They plan to reach an agreement later this month and officially launch the project in March. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The US-China green sector rivalry is heating up: <\/strong>The US is also weighing new measures to restrict imports of Chinese electric vehicles and related components over data security concerns, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-09\/biden-is-looking-beyond-tariffs-to-keep-chinese-smart-cars-out-of-the-us\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday. The restrictions would apply to EVs and parts originating from China, regardless of where they are assembled, to prevent Chinese makers from evading tariffs through third countries. The Biden administration is also reviewing the existing 27.5% tariff on Chinese EVs imposed by Trump. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO<\/strong><strong>- The US will fund methane reduction projects:<\/strong> The US Environmental Protection Agency and the Department of Energy plan to fund projects that will reduce methane emissions from the oil and gas sectors, according to a <a target=\"_blank\" href=\"https:\/\/www.epa.gov\/newsreleases\/epa-and-doe-announce-intent-fund-projects-reduce-methane-emissions-oil-and-natural-gas\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. The notice aims to give applicants enough time to prepare their proposals and form partnerships for the upcoming calls for funding.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- Global <\/strong><strong>ESG <\/strong><strong>sukuk market predicted to grow amidst rising interest in green <\/strong><strong>financing: <\/strong>The global market for environmental, social and governance (ESG) sukuk is expected to grow to more than 7.5% of global outstanding conventional sukuks in the coming years \u2014 up from 4.3% in the end of 2023 \u2014 as issuers seek to diversify funding and meet investors' demand for sustainable finance, <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/non-bank-financial-institutions\/esg-sukuk-growth-supported-by-esg-investor-mandates-funding-diversification-07-02-2024\" style=\"\" rel=\"noopener\">Fitch Ratings<\/a> said last week. The total amount of ESG sukuk reached USD 36.1 bn by the end of 2023, accounting for 11.8% of all the hard-currency sukuk rated by Fitch. ESG sukuk issuance dropped by 4.6% from the previous year to USD 10.5 bn in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some concerns for ESG sukuks ahead:<\/strong> While in the medium term ESG sukuk growth is expected to continue according to Global Head of Islamic Finance at Fitch Bashar Al-Natoor, this growth could still \u201cbe slowed by volatile debt capital markets, governments becoming less willing to pursue sustainable targets, and poor availability of qualified assets,\u201d he warned. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How did the region fare? <\/strong>The Middle East accounted for about 75% of Fitch-rated ESG sukuk, followed by Asia at 22.9% and Europe at 1.7%. The biggest share was for the UAE with 41%, followed by Malaysia at 28%, Saudi Arabia at 21%, and Indonesia at 10%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Red Sea shipping crisis causes emissions to soar: <\/strong>Ships avoiding the Suez Canal and diverting around the Cape of Good Hope to avoid Houthi attacks on commercial ships are expected to cause a 70% increase in emissions as vessels ramp up speed to compensate for the longer distance, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/554caa2e-4789-46e1-ac7f-a90cdbd84bbf\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports. Denmark\u2019s Maersk and Germany\u2019s Hapag-Lloyd are some of the companies increasing speeds as they switch routes to travel around South Africa in a reversal of nearly a decade of using the \u201cslow steaming\u201d approach where ships lower their acceleration speed in efforts to reduce fuel consumption and carbon emissions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Container goods face biggest challenges:<\/strong> The Suez Canal serves as a crucial trade route between Asia and Europe, particularly for container vessels transporting finished and semi-finished goods, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/red-sea-shipping-diversions-boost-container-sector-emissions-2024-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Disruptions to this route significantly affects industries that are heavily reliant on production from Asia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Suez Canal receipts almost halved in January: <\/strong>Suez Canal receipts <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/eaa1c9f3-5643-4f6c-9f42-cabde6362af1\" style=\"\" rel=\"noopener\">fell 47% y-o-y to USD 428 mn<\/a> in January as the number of ships passing through the waterway dropped almost 37% to 1.4k last month since the start of the war in Gaza.<\/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>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.egypes.com\/exhibition\/visitor-registration\/?actioncode=DIG2&utm_source=search&utm_medium=cpc&utm_campaign=visprom&utm_term=egyps&gad_source=1&gclid=CjwKCAiAtt2tBhBDEiwALZuhAN2zAhQXEPpPBPkOGQKqu_yqP9kd5-STi_DShwshsbtwI-_gOyW55RoCLYQQAvD_BwE\" style=\"\" rel=\"noopener\">Egypt Energy Show<\/a><\/strong><strong> from Monday, 19 February to Wednesday, 21 <\/strong><strong>February<\/strong> in Cairo. The event will gather 35k energy industry professionals and host over 80 conferences on energy transition and sustainable production.<\/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:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\" style=\"\" rel=\"noopener\">Management and Sustainability of Water Resources<\/a><\/strong><strong> Conference <\/strong><strong>from Monday, 26 February to Wednesday 28 February<\/strong> in Dubai. Water availability in arid and semiarid regions, global water issues, and future water and environmental challenges are all on the agenda.<\/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:\/\/dust.ncm.gov.sa\/register\/\" style=\"\" rel=\"noopener\">International Conference on Sand and Dust Storms in the<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/dust.ncm.gov.sa\/register\/\" style=\"\" rel=\"noopener\">Arabian Peninsula<\/a><\/strong><strong> from Monday, 4 March to Wednesday, 6 March <\/strong>in Riyadh. The conference will address regional challenges caused by sand and dust storms and discuss monitoring systems, mitigation strategies, economic and infrastructural impacts, and more.<\/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\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/lucid-motors\/\">Lucid Motors<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82312\" 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=\"82313\" 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=\"82313\">\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\">BIOFUELS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/omani-british-x2e-will-invest-usd-1-6-bn-into-biofuels-over-two-years\/\">\r\n                            Omani-British X2E will invest USD 1.6 bn into biofuels over two years                        <\/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 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over two years\">\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=Omani-British+X2E+will+invest+USD+1.6+bn+into+biofuels+over+two+years+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F02%2F12%2Fomani-british-x2e-will-invest-usd-1-6-bn-into-biofuels-over-two-years%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\/2024\/02\/12\/omani-british-x2e-will-invest-usd-1-6-bn-into-biofuels-over-two-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/875.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82314\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/omani-british-x2e-will-invest-usd-1-6-bn-into-biofuels-over-two-years\/875-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/875.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"875.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/875.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/875.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82313\" class=\"content-area-description single-story post-82313 post type-post status-publish format-standard has-post-thumbnail hentry category-biofuels tag-biofuels tag-enterpriseclimate tag-oman tag-sustainable-aviation-fuels 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\/2024\/2\/.58e6457a-fdae-4bbf-af10-dde82b5f2589.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>X2E is diversifying its fuel value chain:<\/strong> Omani-British green energy venture <a target=\"_blank\" href=\"https:\/\/x2e.om\/\" style=\"\" rel=\"noopener\">X2E<\/a> is set to invest USD 1.6 bn into alternative fuel projects over the next two years, Founder and CEO John Jones told <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/omans-x2e-plans-to-invest-16bln-across-alternative-fuel-value-chain-vqntikj1\" style=\"\" rel=\"noopener\">Zawya Projects<\/a> in an interview last week. The company plans to initiate projects for the production of biodiesel, sustainable aviation fuel (SAF), and Camelina oil.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What is Camelina oil?<\/strong> A newcomer to the alternative fuel scene, <a target=\"_blank\" href=\"https:\/\/www.andersonintl.com\/exploring-the-potential-of-camelina-oil-for-biodiesel-and-jet-fuel\/\" style=\"\" rel=\"noopener\">camelina oil<\/a> is now being considered for use in biodiesel and jet fuel production after studies found it releases fewer greenhouse gas (GHG) emissions than other feedstock crops. The oil produces 40% to 60% less emissions than petroleum diesel and the plant has a relatively short growing season and a higher tolerance to cold, arid conditions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>X2E plans to vertically integrate its production line: <\/strong>X2E is aiming for vertical integration with its affiliates who manage feedstock cultivation, water recycling, seed extraction, and refinery processes, Jones said. The plans include having the water company Sayyala work on wastewater treatment, FEI on irrigation, OMAB \u2014 its agriculture and pharmaceuticals arm \u2014 on seed extraction using high-tech pharma products, and G2X to capture waste gasses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some investors are interested:<\/strong> Unnamed investors are contributing USD 18 mn to Sayyala and between USD 3.5-4 mn for farming practices.It will take about 2.5 years from the start date to get the projects up and running, and the first capital close is slated for 2Q 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And there\u2019s more partnerships in the pipeline:<\/strong>The company is also collaborating with Omani carbon storage tech startup <a target=\"_blank\" href=\"https:\/\/4401.earth\/\" style=\"\" rel=\"noopener\">44.01<\/a> to store excess CO2 emissions. The two entities will establish a JV called G2X, which will capture, process, and permanently store waste gases. Jones also teased an upcoming water treatment project with an Omani oil and gas company for growing Camelina, Canola and cereal crops, but no further details were given. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Along with expansion plans:<\/strong> X2E is planning to buy four biodiesel plants including one in the US, one in Portugal, and two in Dubai for a total of USD 106 mn, Zawya writes. The four plants will aim to produce 75k cubic meters of B100 annually. They hope to finalize the financial aspects by the end of the first quarter of this year. X2E is also in talks with landowners in Africa and Malaysia on contract farming of Camelina.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first biofuel venture for X2E:<\/strong> Oman\u2019s first biofuels producer <a target=\"_blank\" href=\"https:\/\/www.wakud.com\/\" style=\"\" rel=\"noopener\">Wakud<\/a> announced last June that it will <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5b7153da-0753-4a22-a2c0-83103e04521f\" style=\"\" rel=\"noopener\">establish a plant with a capacity of 250 tons per day<\/a> at an investment cost between USD 120-150 mn in partnership with X2E. The plant, which will be set up in the country\u2019s Khazaen Economic City, comes as part of a plan by Wakud to boost its production capacity tenfold.<\/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\/biofuels\/\">biofuels<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainable-aviation-fuels\/\">sustainable aviation fuels<\/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=\"82315\" 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=\"82315\">\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 MOBILITY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/abu-dhabi-teams-up-with-swedens-einride-to-establish-a-new-electrified-transit-network\/\">\r\n                            Abu Dhabi teams up with Sweden\u2019s Einride to establish a new electrified transit network                        <\/a>\r\n                    <\/h3>\r\n\r\n       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href=\"https:\/\/api.whatsapp.com\/send?text=Abu+Dhabi+teams+up+with+Sweden%E2%80%99s+Einride+to+establish+a+new+electrified+transit+network+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F02%2F12%2Fabu-dhabi-teams-up-with-swedens-einride-to-establish-a-new-electrified-transit-network%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\/2024\/02\/12\/abu-dhabi-teams-up-with-swedens-einride-to-establish-a-new-electrified-transit-network\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/652.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82316\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/abu-dhabi-teams-up-with-swedens-einride-to-establish-a-new-electrified-transit-network\/652-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/652.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"652.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/652.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/652.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82315\" class=\"content-area-description single-story post-82315 post type-post status-publish format-standard has-post-thumbnail hentry category-green-mobility tag-enterpriseclimate tag-green-mobility 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\/2024\/2\/.1469975d-e77b-48aa-82be-c64fa5fb149e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Abu <\/strong><strong>Dhabi is getting a green truck fleet:<\/strong> Abu Dhabi\u2019s <a target=\"_blank\" href=\"https:\/\/www.itc.gov.ae\/\" style=\"\" rel=\"noopener\">Integrated Transport Center<\/a> (ITC) has inked an agreement with Swedish electric and self-driving trucking startup <a target=\"_blank\" href=\"https:\/\/einride.tech\/\" style=\"\" rel=\"noopener\">Einride AB<\/a> to establish a network deploying 1k all-electric heavy-duty trucks and 100 self-driving vehicles, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/the-integrated-transport-centre-signs-a-memorandum-of-understanding-with-einride-ab-rv7c4ipg\" style=\"\" rel=\"noopener\">statement<\/a> released last week. No investment ticket or timeline on the launch of the network were disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The two will collaborate to develop a transit network connecting Al Ruwais, Khalifa Industrial Zone Abu Dhabi, and the city of Al Ain, the statement notes. The network \u2014 dubbed the Falcon Energy Project \u2014 will also include the necessary charging infrastructure for the green fleet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is this Falcon Rise?<\/strong> The UAE\u2019s Ministry of Energy and Infrastructure <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/cf7015c2-3fc2-4e3a-a205-e4001264e42b\" style=\"\" rel=\"noopener\">inked an initial MoU<\/a> with Einride last June to deploy a 550 km freight mobility grid. The agreement set out plans for the fast-tracked deployment of 2k EVs, 200 self-driving vehicles, and eight charging stations across a national grid, dubbed Falcon Rise, connecting Abu Dhabi, Dubai, and Sharjah. Initial plans saw a development timeline of five years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Einride:<\/strong> The company provides digital, electric, and autonomous tech solutions for the trucking sector to improve transport planning and tracking of shipments. Einride was the first company to deploy an autonomous EV truck on a US public road in 2019 and the first to secure approval to operate autonomous trucks on US public roadways in 2022, according to the company <a target=\"_blank\" href=\"https:\/\/einride.tech\/\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-mobility\/\">green mobility<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82317 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"82317\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/82317\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82317\" class=\"content-area-description single-story post-82317 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareiph.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2023\/05\/infinity-enterprise1600px-scaled.jpg\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82318\" 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=\"82318\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/moroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts\/\">\r\n                            Morocco\u2019s Medz secures EUR 115 mn green loan from EIB for decarbonization efforts                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/moroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/moroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/moroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Morocco\u2019s Medz secures EUR 115 mn green loan from EIB for decarbonization efforts&url=https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/moroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/moroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts\/&title=Morocco\u2019s Medz secures EUR 115 mn green loan from EIB for decarbonization efforts\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Morocco%E2%80%99s+Medz+secures+EUR+115+mn+green+loan+from+EIB+for+decarbonization+efforts+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F02%2F12%2Fmoroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/moroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/854.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82319\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/moroccos-medz-secures-eur-115-mn-green-loan-from-eib-for-decarbonization-efforts\/854-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/854.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"854.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/854.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/854.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82318\" class=\"content-area-description single-story post-82318 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-eib tag-enterpriseclimate tag-morocco 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\/2024\/2\/.8c3d9a17-428e-4ac2-875c-0c9897656872.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>EIB <\/strong><strong>extends green loan to decarbonize Morocco\u2019s industries: <\/strong>The European Investment Bank (EIB) has extended a EUR 115 mn green loan to Medz, a subsidiary of Morocco\u2019s largest institutional investor, <a target=\"_blank\" href=\"https:\/\/www.cdg.ma\/en\" style=\"\" rel=\"noopener\">CDG Group<\/a>, for the expansion and decarbonization of ten technology parks across five regions of the country, according to a <a target=\"_blank\" href=\"https:\/\/www.eib.org\/en\/press\/all\/2024-055-maroc-bei-monde-investit-115-millions-d-euros-pour-des-technopoles-durables-et-attractifs\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The technology parks will host integrated corporate clusters, industrial platforms, and research, development, and innovation centers, as well as educational elements focused on sustainability.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the project: <\/strong>The project \u2014 called <a target=\"_blank\" href=\"https:\/\/www.eib.org\/en\/projects\/all\/20220395\" style=\"\" rel=\"noopener\">Technopoles Maroc II<\/a> \u2014 was announced in November 2022 with an estimated total value of EUR 307 mn. The project falls under the EU\u2019s Green Partnership which aims to work on energy efficiency and climate adaptation projects, in line with the Bank's climate objectives.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EIB ? Morocco: <\/strong>The lender and the Moroccan Economy and Finance Ministry signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/420a9b33-c3d4-49fa-88a9-c68f7f1ecad5\" style=\"\" rel=\"noopener\">EUR 100 mn<\/a> financing agreement to support the sustainable development of forests in Morocco last month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About CDG Group: <\/strong><a target=\"_blank\" href=\"https:\/\/www.cdg.ma\/en\/identity-0\" style=\"\" rel=\"noopener\">CDG Group<\/a> is a state-owned financial institution which manages long-term savings in Morocco. The group's portfolio also includes projects in territorial development, tourism, investment, banking, and finance. <\/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\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eib\/\">EIB<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82320\" 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=\"82320\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/dewa-sees-a-7-increase-in-revenues-and-a-dip-in-income-in-2023\/\">\r\n                            Dewa sees a 7% increase in revenues and a dip in income in 2023                        <\/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\/2024\/02\/12\/dewa-sees-a-7-increase-in-revenues-and-a-dip-in-income-in-2023\/\" 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 utility provider\u2019s net income inched down 1.4% y-o-y in 2023 to AED 7.9 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a 4Q basis:<\/strong> Dewa\u2019s net income jumped 14.6% y-o-y in 4Q 2023 to AED 1.8 bn, while revenues increased during the quarter to AED 7.1 bn, up 5.5% y-o-y.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Growth drivers: <\/strong>The increase in the company's revenues was attributed to a rise in demand for electricity, water and cooling services. Power demand increased 6.3% to 56.5 TWh in 2023. Clean energy generated by the company also rose 32.7% to 6.2 TWh accounting for 11% of the company's total power generation this year. Demand for desalinated water also rose 5.2% in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dewa\u2019s best year: <\/strong>\u201cOur electricity generation growth of 6.1%, total installed capacity of 15.7 GW with around 17% contributed by renewable sources, peak load of 10.4 GW and customer accounts exceeding 1.2 mn, are the highest ever reported,\u201d Dewa's CEO and managing director Saeed Al Tayer said.<\/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\/dewa\/\">DEWA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/earnings-watch\/\">EARNINGS WATCH<\/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=\"82322\" 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=\"82322\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/egypt-explores-renewables-cooperation-with-libya-bulgaria-and-lots-of-updates-from-algeria\/\">\r\n                            Egypt explores renewables cooperation with Libya + Bulgaria and lots of updates from Algeria                        <\/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\/2024\/02\/12\/egypt-explores-renewables-cooperation-with-libya-bulgaria-and-lots-of-updates-from-algeria\/\" 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 two sides will hold a workshop on clean energy as well as formulate a proposal for a bilateral research project for the production, storage, and transportation of green hydrogen as well as localizing PV technologies. Libya is courting investors as it looks to add 4 GW in renewables capacity by 2035, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/29b4d631-254c-4e80-9f2c-f01ebf194da5\" style=\"\" rel=\"noopener\">targeting Turkish developers<\/a> as part of plans to install 1.7 GW as early as 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is also mulling a green fuels partnership with <\/strong><strong>Bulgaria<\/strong><strong>: <\/strong>Egypt\u2019s Petroleum and Mineral Resources Minister Tarek El Molla met with Bulgaria\u2019s Energy Minister Ruman Radev to explore partnerships in green hydrogen, minerals, and the clean energy transition sectors, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02xEetsUX3r4DtwKNSoUVyS2MHG9bC27ZoaEX3hEey9nU476Qv13Y3Ybnz1b9WHW5wl?__cft__[0]=AZUhVuly4j-PloxzYdXgdSvokmGTYCCTmE1rahRVBz4uM4oc1pCZSeoRADY_gH3TcAWv4DzEYizcMbB7k9-8ouna9sN13z8FmLE4piNUvYhomqlDmuXrCR2ZwhydSTS8E9X0XD2zzhIFVmBn0Et8LCsu_Cd6l2KxGUZoadRQ4ER70o5AGUHzmKbig90T9rCiKM_dgMqKlx6a9VIOV5rPlzEH&__tn__=%2CO%2CP-R\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. Egypt <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/839c5c06-f588-4795-b3a0-1b0e9dd4e283\" style=\"\" rel=\"noopener\">signed off<\/a> on its national green hydrogen incentives program last month and will seek to capture between 5-8% share of the global green hydrogen market by 2040, while Bulgaria is targeting <a target=\"_blank\" href=\"https:\/\/www.icis.com\/explore\/resources\/news\/2020\/12\/07\/10583498\/bulgaria-targets-1-1gw-green-hydrogen-capacity-by-2030\" style=\"\" rel=\"noopener\">a 1.1 GW<\/a> electrolysis capacity by 2030.<\/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>Germany <\/strong><strong>+ Algeria sign green hydrogen agreement: <\/strong>German Vice Chancellor and Minister of Economy and Climate Protection Robert Habeck and the Algerian Energy and Mines Minister Mohamed Arkab signed a declaration of intent to cooperate in the production of green hydrogen, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/energyalgeria2021\/posts\/pfbid02KFLAVW9No8eqVvNwaYZ7Zum2w79VrxWXJQytdhoqVaMiyZtYeCB4QeWbvuUBdUcHl?_rdc=1&_rdr\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The agreement aims to boost cooperation on feasibility studies, production, processing, use, transport, storage, and marketing of green hydrogen and its derivatives. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER ALGERIA NEWS- <\/strong><strong>Italy\u2019s<\/strong><strong> Snam to discuss SoutH2 hydrogen corridor with Algeria + Tunisia: <\/strong>A delegation from Italian energy company <a target=\"_blank\" href=\"https:\/\/www.snam.it\/en\/home.html\" style=\"\" rel=\"noopener\">Snam<\/a> is visiting Algeria and Tunisia to discuss the <a target=\"_blank\" href=\"https:\/\/www.south2corridor.net\/\" style=\"\" rel=\"noopener\">SoutH2<\/a> hydrogen corridor project, <a target=\"_blank\" href=\"https:\/\/bitly.ws\/3cGUQ\" style=\"\" rel=\"noopener\">Echorouk<\/a> reported last week, citing a Snam document it has seen. Snam is currently working on legal procedures to include Algeria and Sicily in the project which will transport clean energy from the Sahara to Germany via a network of pipelines. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Sonelgaz Renewable Energies has signed an agreement with the Federation of German Industries on solar energy<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/Sonelgaz.energy.dz\/posts\/pfbid0VfUvCebg8TZ8NY8GgX34cqSxFM6PDA8f151X6gB9boZHC1NwvcG3Q7onTjYP9By3l?_rdc=1&_rdr\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. The agreement will see them exchange expertise and training to boost local manufacturing of equipment for solar energy generation.<\/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\/algeria\/\">Algeria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82324\" 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=\"82324\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/iraq-jordan-sign-new-interconnection-agreement\/\">\r\n                            Iraq + Jordan sign new interconnection agreement                        <\/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\/2024\/02\/12\/iraq-jordan-sign-new-interconnection-agreement\/\" 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\/2024\/02\/12\/iraq-jordan-sign-new-interconnection-agreement\/')\">\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\/2024\/02\/12\/iraq-jordan-sign-new-interconnection-agreement\/\">\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=Iraq + Jordan sign new interconnection agreement&url=https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/iraq-jordan-sign-new-interconnection-agreement\/\">\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\/2024\/02\/12\/iraq-jordan-sign-new-interconnection-agreement\/&title=Iraq + Jordan sign new interconnection agreement\">\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=Iraq+%2B+Jordan+sign+new+interconnection+agreement+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F02%2F12%2Firaq-jordan-sign-new-interconnection-agreement%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\/2024\/02\/12\/iraq-jordan-sign-new-interconnection-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/879.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82325\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/iraq-jordan-sign-new-interconnection-agreement\/879-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/879.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"879.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/879.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/879.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82324\" class=\"content-area-description single-story post-82324 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-evs tag-green-industry tag-iraq tag-jordan tag-renewables 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\/2024\/2\/.6d9de43c-5425-4a71-b0b8-21380a6e6092.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">RENEWABLES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Iraq <\/strong><strong>+ Jordan sign new interconnection agreement: <\/strong>Jordan and Iraq have signed an agreement to link their electricity grids which will enable Iraq to receive 150 MW of power when the project is fully operational, <a target=\"_blank\" href=\"https:\/\/bitly.ws\/3cVFH\" style=\"\" rel=\"noopener\">Al Mamlakah<\/a> reports. The project will involve two phases with Iraq receiving 40 MW of power in the first phase and eventually the full 150 MW when both phases are launched. It will include the construction of a 400 kV, 336 km aerial transmission line connecting Al-Risha substation in Jordan to the Al-Qaim substation in Iraq.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iraq has big interconnection plans:<\/strong> The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3415cba6-7d08-4ad3-8662-5b73efc00e7f\" style=\"\" rel=\"noopener\">GCC-Iraq transmission grid<\/a> will be used to export electricity to Iraq, including electricity generated by renewable energy, and help reduce reliance on fossil fuels and facilitate clean power exports to other countries in the region.<\/p>\n<p class=\"tag-border-left\">GREEN INDUSTRY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>UAE<\/strong><strong> has approved new regulations to improve energy efficiency and <\/strong><strong>sustainability in the industrial sector<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.albayan.ae\/economy\/uae\/2024-02-08-1.4815374\" style=\"\" rel=\"noopener\">Al Bayan<\/a> reported on Thursday. The strategy aims to reduce energy demand in the industrial sector by 33% by 2050, improve air quality by 32%, and achieve financial savings of AED 14 bn by 2050. The Ministry of Industry and Advanced Technology will work with the industrial sector to implement the regulations to achieve the goal of reducing carbon emissions by up to 93% by 2050.<\/p>\n<p class=\"tag-border-left\">ELECTRIC VEHICLES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.tasaru.com\/\" style=\"\" rel=\"noopener\">Tasaru Mobility Investments<\/a><\/strong><strong>has inked agreements to invest in <\/strong><strong>US AI firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.recogni.com\/\" style=\"\" rel=\"noopener\">Recogni<\/a><\/strong><strong>and green mobility firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.driveholon.com\/en\/\" style=\"\" rel=\"noopener\">Holon<\/a><\/strong>, <a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2455686\/business-economy\" style=\"\" rel=\"noopener\">Arab News<\/a> reported last week. Tasaru, launched by Saudi Arabia\u2019s Public Investment Fund <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8c166d36-61f3-4cb4-8ea9-20c64c527bb7\" style=\"\" rel=\"noopener\">last October<\/a>, is financing Recogni\u2019s development of next-generation chips for autonomous vehicles which should reduce the need for scarce rare earth elements and semiconductors. The company is also acquiring a minority stake of up to 38% in Holon to support the development of <a target=\"_blank\" href=\"https:\/\/www.driveholon.com\/en\/the-mover\/\" style=\"\" rel=\"noopener\">an autonomous electric shuttle<\/a>, the company said in a <a target=\"_blank\" href=\"https:\/\/www.driveholon.com\/en\/news\/holon-is-about-to-secure-investment\/\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">GREEN CITIES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EAD, Modon Properties establish region\u2019s first air-purification tower in Abu Dhabi: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.ead.gov.ae\/en\" style=\"\" rel=\"noopener\">Environment Agency \u2013 Abu Dhabi (EAD)<\/a> and Abu Dhabi\u2019s <a target=\"_blank\" href=\"https:\/\/www.modon.ae\/en\/about\" style=\"\" rel=\"noopener\">Modon Properties<\/a> opened the first air-purification tower in the region on Al Hudayriyat Island, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/environment\/environment-agency-abu-dhabi-and-modon-inaugurate-air-purification-tower-on-hudayriyat-island\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The seven-meter tall tower uses positive ionization technology to purify 30k cubic meters of air per hour. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More projects on the way?<\/strong> The smog-free tower is part of an <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/environment\/the-environment-agency-abu-dhabi-signs-a-memorandum-of-understanding-with-modon\/\" style=\"\" rel=\"noopener\">MoU signed between EAD and Modon Properties<\/a> in 2022 to improve the emirate\u2019s environment by tackling air pollution as well as protecting wildlife and natural resources. <\/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>UK <\/strong><strong>and Egypt partner on sustainable cities and infrastructure: <\/strong>The UK and Egypt signed an MoU to boost their partnership in the development of sustainable cities and infrastructure in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/news\/uk-and-egypt-sign-sustainable-cities-and-infrastructure-pact?utm_source=pocket_reader\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The two will establish a joint working group that will meet bi-annually to exchange technical knowledge, training, expertise and best practice in the prioritization, financing, and management of infrastructure projects. The agreement aims to boost bilateral trade, increase foreign investment, and advance the UN's sustainable development goals.<\/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>Morocco\u2019s electric trains are now renewables powered: <\/strong>Morocco\u2019s National Railway Office is currently powering 90% of its electric train fleet on renewables \u2014 up from 25% in 2022. The office is targeting full carbon-neutrality by 2035. (<a target=\"_blank\" href=\"https:\/\/mapfinance.ma\/%d8%a7%d9%84%d9%85%d9%83%d8%aa%d8%a8-%d8%a7%d9%84%d9%88%d8%b7%d9%86%d9%8a-%d9%84%d9%84%d8%b3%d9%83%d9%83-%d8%a7%d9%84%d8%ad%d8%af%d9%8a%d8%af%d9%8a%d8%a9-%d8%ae%d8%b7%d9%88%d8%a9-%d8%ac%d8%af%d9%8a\/?lang=ar\" style=\"\" rel=\"noopener\">MAP<\/a>) <\/li>\n<li><strong>KSA\u2019s Naqel Express will operate RSG\u2019s transport services<\/strong><strong>:<\/strong>Naqel Express \u2014 a subsidiary of Saudi Post Logistics \u2014 signed an agreement with property developer Red Sea Global (RSG) to operate all long-haul and local transportation services for the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4462380b-8c5d-4073-9989-79f8893efd61\" style=\"\" rel=\"noopener\">Red Sea Project<\/a>. Naqel Express will use biofuel and EVs and will provide the logistics equipment and supply chain technologies for the project\u2019s operations. (<a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2043488\" style=\"\" rel=\"noopener\">SPA<\/a>)<\/li>\n<li><strong>KSA\u2019s Imam Abdulaziz Reserve plants 1 mn trees and shrubs:<\/strong> Some 1 mn trees and shrubs have been planted at the Imam Abdulaziz bin Mohammed Royal Reserve to help reduce emissions, alleviate sandstorm intensity, and contribute to the conservation of local endangered species. (<a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2044827\" style=\"\" rel=\"noopener\">SPA<\/a>)<\/li>\n<li><strong>UAE\u2019s Tadweer rebrands to Tadweer Group: <\/strong>The Abu Dhabi Waste Management Company (Tadweer) unveiled Tadweer Group as its new name and brand identity on Thursday. (<a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/infrastructure\/tadweer-group-launches-new-corporate-identity-and-renewed-strategy\/\" style=\"\" rel=\"noopener\">Statement<\/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\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-industry\/\">green industry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82326\" 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=\"82326\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/indias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\/\">\r\n                            India\u2019s JSW signs MoU for USD 5 bn investment in EV manufacturing                        <\/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\/2024\/02\/12\/indias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\/\" 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\/2024\/02\/12\/indias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\/')\">\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\/2024\/02\/12\/indias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\/\">\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=India\u2019s JSW signs MoU for USD 5 bn investment in EV manufacturing&url=https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/indias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\/\">\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\/2024\/02\/12\/indias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\/&title=India\u2019s JSW signs MoU for USD 5 bn investment in EV manufacturing\">\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=India%E2%80%99s+JSW+signs+MoU+for+USD+5+bn+investment+in+EV+manufacturing+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F02%2F12%2Findias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing%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\/2024\/02\/12\/indias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/869.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82327\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/02\/12\/indias-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\/869-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/869.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"869.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/869.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/869.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82326\" class=\"content-area-description single-story post-82326 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-decarbonization tag-enterpriseclimate tag-evs tag-green-bonds tag-india tag-usa 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\/2024\/2\/.40d8662c-4bd3-4be3-9f0a-a3676021bcc6.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New details on JSW\u2019s EV plans in India: <\/strong>India's <a target=\"_blank\" href=\"https:\/\/www.jsw.in\/\" style=\"\" rel=\"noopener\">JSW Group<\/a> has signed an agreement with the government of east Indian state Odisha to establish EV and battery plants in two cities for INR 400 bn (USD 4.9 bn), <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/jsw-group-set-up-nearly-5-bln-ev-projects-eastern-india-2024-02-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported Saturday. The company first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e02dd14d-dbac-4225-9a85-be1f672f1de9\" style=\"\" rel=\"noopener\">spoke of its investment plans<\/a> last month along with targets to boost its EV sales up to 30% from 2% in 2023. <\/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>Dutch pension fund PFZW ditches Shell and TotalEnergies: <\/strong>Dutch healthcare workers\u2019 pension fund PFZW has divested EUR 2.8 bn in holdings across 310 EU oil and gas companies on the back of poor climate action strategies, according to a <a target=\"_blank\" href=\"https:\/\/www.pfzw.nl\/content\/dam\/pfzw\/web\/over-ons\/dit-vinden-we\/persberichten\/2024\/20240208-press-release-pfzw-only-seven-listed-oil-and-gas-companies-retained-in-pfzw-investment-portfolio.pdf\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The company \u2014 which managed a <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/dutch-fund-leading-climate-talks-with-shell-quits-most-oil-investments-2024-02-08\/\" style=\"\" rel=\"noopener\">EUR<\/a><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/dutch-fund-leading-climate-talks-with-shell-quits-most-oil-investments-2024-02-08\/\" style=\"\" rel=\"noopener\">238 bn portfolio<\/a> by the end of last year \u2014 has sold shares in energy giants including Shell and TotalEnergies and will retain shares in only seven Big Oil firms which it says have made sufficient steps to transition to a clean energy mix in compliance with the 2015 Paris Agreement. These companies are Cosan S.A., Galp Energia, Granuul Invest, Neste Oyj, OMV A.G., Ra\u00edzen S.A., and Worley Limited. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dropping climate negotiations with Shell: <\/strong>PFZW \u2014 one of two Dutch pension funds tapped <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/climate-focused-dutch-funds-take-lead-shell-investor-engagement-2022-05-19\/\" style=\"\" rel=\"noopener\">back in 2022<\/a> to lead negotiations with Shell on behalf of the Climate Action 100+ (CA100+) investor group \u2014 also says it will step away from the talks, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/dutch-fund-leading-climate-talks-with-shell-quits-most-oil-investments-2024-02-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports.<\/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>US chemicals giant Dow pulls trigger on maiden green bonds<\/strong><strong>:<\/strong>US-based plastic maker Dow Chemical Company raised USD 1.25 bn from two maiden green bonds last week and will funnel the funds towards financing decarbonization efforts to curb plastic pollution, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-07\/giant-chemicals-maker-dow-debuts-green-bonds-to-slash-emissions\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing people with knowledge of the matter. The issuance \u2014 for which Bank of America, Citigroup, HSBC, ING Groep and SMBC Nikko Securities America are managers \u2014 was tightened from an initial 1.6% yield and the longer of the securities will have a 30-year tenor.<\/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>Ford <\/strong><strong>Motor sees net losses in 4Q: <\/strong>Ford Motor Company reported a net loss of USD 526 mn in 4Q 2023, down from the net income of USD 1.29 bn for the same period the year before. The loss was mainly attributed to a USD 1.57 bn loss in the company's EV unit, which was more than double the USD 631 mn in losses in 4Q 2022. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/02\/06\/ford-f-q4-2023-earnings.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/li>\n<li><strong>World\u2019s biggest container maker cashing in on hydrogen:<\/strong><a target=\"_blank\" href=\"https:\/\/www.cimc.com\/en\/\" style=\"\" rel=\"noopener\">China International<\/a><a target=\"_blank\" href=\"https:\/\/www.cimc.com\/en\/\" style=\"\" rel=\"noopener\">Marine Containers Group<\/a>, the largest manufacturer of shipping containers in the world, saw a jump in revenues to CNY 1 bn last year from its hydrogen business, indicating that the green fuel is gaining steam commercially. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-08\/world-s-top-ship-container-maker-sees-jump-in-hydrogen-revenue?srnd=premium-europe\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<li><strong>IFC<\/strong><strong> + SIMA boost solar energy use in Africa:<\/strong> The International Finance Corporation (IFC) has partnered with Social Investment Managers and Advisors (SIMA) and other financiers to close the first phase of a USD 150 mn solar green bond to help finance solar projects across Africa. (<a target=\"_blank\" href=\"https:\/\/pressroom.ifc.org\/all\/pages\/PressDetail.aspx?ID=28027\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>China\u2019s EV production and sales surge y-o-y in <\/strong><strong>January<\/strong><strong>:<\/strong> China recorded a 63.9% y-o-y EV production increase last month to 489k units and recorded a y-o-y sales surge of 55.1% up to 445k vehicles. (<a target=\"_blank\" href=\"http:\/\/www.china.org.cn\/business\/2024-02\/08\/content_116993678.htm\" style=\"\" rel=\"noopener\">China Internet Information Center<\/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\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/usa\/\">USA<\/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=\"82328\" 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\/2024\/02\/12\/82328\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82328\" class=\"content-area-description single-story post-82328 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;\">FEBRUARY 2024 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-15 February (Tuesday-Thursday): Iran\u2019s<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tehrantimes.com\/news\/494641\/Iran-to-hold-2nd-National-Symposium-on-Tourism-and-Green-Investment\" style=\"\">National Symposium on Tourism and Green Investment<\/a><\/span><span style=\"font-weight:400;\">, Tehran International Permanent Fairground. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypes.com\/exhibition\/visitor-registration\/?actioncode=DIG2&utm_source=search&utm_medium=cpc&utm_campaign=visprom&utm_term=egyps&gad_source=1&gclid=CjwKCAiAtt2tBhBDEiwALZuhAN2zAhQXEPpPBPkOGQKqu_yqP9kd5-STi_DShwshsbtwI-_gOyW55RoCLYQQAvD_BwE\" style=\"\">Egypt Energy Show (EGYPES)<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/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>26-28 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conferences.squ.edu.om\/apcc\/home\" style=\"\">Oman Conference for Environmental Sustainability<\/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>27-27 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climatebusinessforum-apac.cventevents.com\/event\/8deaa6a2-0044-491d-b931-3007c27ada9e\/websitePage:9223e296-3a80-4563-9a02-4fcb20212b67?Refid=IFC&locale=en&rt=eVoLSxrWm06F7_ZZfEx0-w\" style=\"\">Climate Business Forum: Asia Pacific<\/a><\/span><span style=\"font-weight:400;\">, Hong Kong, China.<\/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>16-18 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.middleeast-energy.com\/en\/home.html\" style=\"\">Middle East Energy<\/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>22-24 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.omanpetroleumandenergyshow.com\/\" style=\"\">Oman Petroleum and Energy Show<\/a><\/span><span style=\"font-weight:400;\">, Mustac, Oman.<\/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>28-29 April (Sunday-Monday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/press\/2024\/01\/annual-meeting-2024-rebuilding-trust-amid-uncertainty\/\" style=\"\">Global Cooperation, Growth and Energy for Development,<\/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>28-2 May (Sunday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.omansustainabilityweek.com\/\" style=\"\">Oman Sustainability Week<\/a><\/span><span style=\"font-weight:400;\">, Oman International Exhibition Center, Muscat.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 April-2 May (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 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 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>7-9 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.globalwasteforum.com\/en\" style=\"\">Global Waste Forum<\/a><\/span><span>, <\/span><span style=\"font-weight:400;\">Algiers, Algeria. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 to 16 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/en-gb\/visit.html\" style=\"\">Airport Show<\/a><\/span><span>, Dubai, UAE. <\/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>20-22 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\">Electric Vehicle Innovation 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>28-30 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.moiat.gov.ae\/en\/media-center\/news\/2024\/01\/23\/miite-forum-dates?\" style=\"\">Make it in the Emirates Forum<\/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 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>15-17 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/evautoshowonline.com\/\" style=\"\">EV Auto Show<\/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\">NOVEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-14 November (Monday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/\" style=\"\">Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)<\/a><\/span><span>, Abu Dhabi, 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 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>Oman\u2019s X2E will sink USD bns into biofuel projects | A new electrified transit network for Abu Dhabi | Morocco\u2019s Medz secures EUR 115 mn green loan.<\/p>\n","protected":false},"featured_media":82309,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-82308","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a71f1a86-93ff-43b0-b509-156f75043dcc","teaser":"Oman\u2019s X2E will sink USD bns into biofuel projects | A new electrified transit network for Abu Dhabi | Morocco\u2019s Medz secures EUR 115 mn green loan.","photo_url":"https:\/\/ent.news\/2024\/1\/1101.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>Oman\u2019s X2E will invest USD 1.6 bn into biofuels over two years - 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