{"id":83213,"date":"2024-03-25T00:00:00","date_gmt":"2024-03-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=83213"},"modified":"2025-12-15T10:33:45","modified_gmt":"2025-12-15T10:33:45","slug":"omans-hydrom-germanys-vng-talk-green-hydrogen-and-ammonia-exports","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/omans-hydrom-germanys-vng-talk-green-hydrogen-and-ammonia-exports\/","title":{"rendered":"Oman\u2019s Hydrom + Germany\u2019s VNG talk green hydrogen and ammonia exports"},"content":{"rendered":"<section id=\"83215\" 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=\"83215\">\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\/03\/25\/today-omans-hydrom-germanys-vng-talk-green-hydrogen-and-ammonia-exports\/\">\r\n                            TODAY: Oman\u2019s Hydrom + Germany\u2019s VNG talk green hydrogen and ammonia exports                        <\/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\/03\/25\/today-omans-hydrom-germanys-vng-talk-green-hydrogen-and-ammonia-exports\/\" 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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Shall we jump right into it?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FIRST, <\/strong><strong>ICYMI-&nbsp;<\/strong>Our Enterprise Saudi edition <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6d8b797c-234b-4aa4-b3da-65010f4a759b\" style=\"\" rel=\"noopener\">dove and unpacked<\/a> a recently published FAQ by S&amp;P Global Ratings exploring whether exposure to high-emitting sectors could pose liquidity and legal risks to GCC lenders.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/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:\/\/rosatom.ru\/en\/press-centre\/atomexpo\/\" style=\"\" rel=\"noopener\">ATOMEXPO International Forum<\/a><font face=\"Arial\">&nbsp;<\/font><\/strong><strong>kicks off today in Russia and will conclude <\/strong><strong>on Tuesday. <\/strong>This year, the forum's key topic is \u201cClean Energy: Creating the Future Together\u201d and it will focus on the use of atomic energy in tackling climate change. Participants include global leaders in nuclear power, representatives from international organizations, companies, and experts in the field. A high-ranking delegation from Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/nppa.gov.eg\/#gsc.tab=0\" style=\"\" rel=\"noopener\">Nuclear Power Plants Authority<\/a> are among the regional players <a target=\"_blank\" href=\"https:\/\/www.albawabhnews.com\/4979836\" style=\"\" rel=\"noopener\">attending the forum<\/a>, which will also feature an international congress and an exhibition showcasing goods and services for nuclear industries.<\/p>\n<p class=\"tag-border-left\">COP WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>COP Troika urges countries to submit NDCs by <\/strong><strong>2025: <\/strong>The UAE, Azerbaijan, and Brazil \u2014 the hosts of COP28, COP29, and COP30 \u2014 have sent a letter to the Parties of the United Nations Framework Convention on Climate Change (UNFCCC) urging countries to submit their <a target=\"_blank\" href=\"https:\/\/www.un.org\/en\/climatechange\/all-about-ndcs\" style=\"\" rel=\"noopener\">Nationally Determined Contributions<\/a> (NDCs)at least nine months before COP30 as agreed at the conclusion of COP28, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b297v1n-cop28-president-unveils-shared-vision-cop\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday, citing a speech made by COP28 President Sultan Al Jaber at the Copenhagen Climate Ministerial. The three host countries committed to submitting NDCs by early 2025 in the letter and said focus should be placed on providing technical support to member states, especially developing countries, to prepare and implement their next-generation NDCs effectively, the news outlet adds. The COP Presidencies Troika <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/02cc53bd-ecfd-4201-a664-0b7aad167fe5\/today:-the-uae-is-getting-a-lithium-processing-plant-in-dubai\" style=\"\" rel=\"noopener\">was launched in February<\/a> to work on a roadmap on how to stop temperatures from increasing above 1.5 \u00b0C compared to pre-industrial levels. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move was met with criticism: <\/strong>The letter has been criticized for reframing NDCs as a solution on its own, failing to address how countries can reach these goals and ignoring the core hurdle of the green transition \u2014 the need to revamp the financial system to unlock more green funding for developing countries, <a target=\"_blank\" href=\"https:\/\/www.argusmedia.com\/en\/news-and-insights\/latest-market-news\/2550252-us-surprised-about-cop-troika-vision-on-finance-ndcs\" style=\"\" rel=\"noopener\">Argus<\/a> writes. The EU does not support \u201creframing NDCs as vehicles for the provision of means of implementation,\u201d Belgium's Climate minister Zakia Khattabi said. <\/p>\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 expects a revenue hit from <\/strong><strong>Morocco:<\/strong> Saudi renewables giant Acwa Power anticipates a USD 47 mn loss in revenues after a leak in the molten salts hot tank of the <a target=\"_blank\" href=\"https:\/\/acwapower.com\/en\/projects\/nooro-iii-csp-ipp\/\" style=\"\" rel=\"noopener\">150 MW Nooro III Concentrated Solar Project<\/a> in Morocco\u2019s Ouarzazate led to a forced outage in the plant, according to a Tadawul <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lVBNc4IwEP0tPXisWWUE2ltap4iDn2hVLp0QV2AGCBOC1v76gjhjtdqxmRzyXt6-fbvEI0vipWwbBUxFImVxiVee_tGhOrR7JoygN3sFHVxLn8_MVretk8W5wBxYOkyGdDJqGx2w3oF4_6oHd9yBydt4oDkwBQv0--rhxqF39PfOJSP6ZJQJ-i-W7VDN1I1LwZURL5r8nuEg-CNkn3hBLPx64TT1NTMgnsQNSpTNQpZ0qFSWPzegAbvdrhkIEcTY5CJpwLWSUOSKLM-VxMX0sC7j5j7sFllIzEUhOZJpgIqmqShSjgmmyoly1WWKkQlnPEQHtxiPWYDEreZj622UC5lXKrKqmBy5ErKb2esj3ie-iOt3JsW64Gq2z7AmlCitj--sNHWjrxK1oDZikocnbfU_LBIfZdcnq3ZFbaRITgasSs2rzD8a4KdyD0Y1XpfqMcpIVOmyZD5fQmQ_ev5e0xKamNr53dGHb8EHhK8!\/dz\/d5\/L0lHSklna0tDbEVLSUtVUW9ncFJBL29Od1FBRU1JQUFDRUVoZ0NLTTR6bEdDRklVbFF3Z1d0RzBaV2dBISEvNEpDaWpzWXBNaFRqVUUxdTBsc3BxYWEzYVMyTTFMSSEvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvY29tcGFueVN5bWJvbC8yMDgyL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc4ODc4\/\" style=\"\" rel=\"noopener\">disclosure<\/a>. The leak is expected to force an outage until November 2024 for the solar farm in which it holds a 75% stake, with the financial impact projected to be reflected in 2024. <\/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- UAE real estate developer Aldar Properties is planning another<\/strong><strong> USD 500 mn green sukuk issuance this year<\/strong> after raising USD 500 mn through its maiden green sukuk issuance last year, CFO Faisal Falaknaz tells <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/property\/2024\/03\/22\/aldar-aims-for-84bn-in-sales-this-year-with-plans-to-issue-green-sukuk\/\" style=\"\" rel=\"noopener\">The National<\/a>. The Islamic bonds will be issued under Aldar\u2019s green framework, which targets \u201cmore green financing across all [Aldar\u2019s] facilities,\u201d Falaknaz said. Aldar plans to double down on acquisitions, with AED 4-5 bn of equity earmarked to be \u201cdeployed into recurring income assets\u2026 Logistics is a very important segment that we are very keen on continuing to grow,\u201d according to Falaknaz.<\/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- <\/strong><strong>EIB gearing<\/strong><strong> up to finance more Egyptian green hydrogen:<\/strong> The European Investment Bank (EIB) has started due diligence for an unspecified green hydrogen project in Egypt, EIB regional head Guido Clary told <a target=\"_blank\" href=\"https:\/\/twitter.com\/AsharqbEGY\/status\/1771214948854595880?s=20\" style=\"\" rel=\"noopener\">Asharq Business<\/a> on Friday. Clary did not specify whether the bank will be directing funds to one of the numerous projects already in the pipeline or a new one, and added that green hydrogen will be among the main sectors in which the bank will target next year \u2014 especially in Egypt\u2019s Suez Canal Economic Zone. <\/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- The UAE could become one of Africa\u2019s biggest FDI sources over the next five <\/strong><strong>years<\/strong>, with investments focused on renewable energy, logistics, and agriculture, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-21\/uae-eyes-further-africa-deals-after-egypt-bailout?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday. The country made USD 44.5 bn in investment pledges across Africa last year, with key investments in Sudan, Ethiopia, Zambia, and other countries, with a focus on infrastructure development and resource extraction. The growth of UAE\u2019s FDI presence in Africa had jumped two years ago, last year it was still comfortably in the double-digits, but the next two-to-three years we\u2019ll see a return to growth in the thirties and above,\u201d Standard Bank Group CEO Rassem Zok tells the business information service.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The country\u2019s new national biofuels policy has targets: <\/strong>The UAE has announced that its recently announced National Policy on Biofuels targets a 20% increase in biodiesel consumption by 2050, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b297v1m-uae-reveals-details-national-policy-biofuels\" style=\"\" rel=\"noopener\">Wam<\/a> reported Thursday. This will lead to a 75% decrease in the carbon footprint of diesel cars if biodiesel is used entirely. The policy also aligns with the UAE\u2019s goals to produce 700 mn liters of sustainable aviation fuel (SAF) and reach net-zero by 2050. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The policy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/97cde862-03f0-4345-bae8-7b34b3814eb3\/the-uae-approves-a-national%253cmark%253e-biofuels-%253c%2Fmark%253epolicy\" style=\"\" rel=\"noopener\">will introduce<\/a> a regulatory framework for biofuel distribution, set benchmarks for biofuel production and usage, enforce production standards and mandates for the fuel within the nation. It will also help regulate biofuel trade operations, define uniform biofuel specifications, and oversee production and commerce.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER UAE NEWS- Dubai will establish a new Environment and Climate Change Authority<\/strong>, with the goal of \u201c[promoting] sustainable practices across sectors, [preserving] biodiversity, and [expanding] natural reserves and green spaces,\u201d under new directives from Dubai Ruler Sheikh Mohamed bin Rashid Al Maktoum, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b297vj3-mohammed-bin-rashid-directs-establishing-dubai\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. The authority will be tasked to help develop policies to mitigate climate change and boost food security, Wam said. Ahmed Mohammed bin Thani was appointed to head the authority as director-general. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Bahrain plans to run farms on renewables: <\/strong>Bahrain is working on plans to run its farms on renewable energy in efforts to strengthen food security against rising energy prices, according to statements made by the Municipalities Affairs and Agriculture Minister Wael Al Mubarak to MPs, <a target=\"_blank\" href=\"https:\/\/www.gdnonline.com\/Details\/1306858\/Plans-afoot-to-run-farms-with-renewable-energy#\" style=\"\" rel=\"noopener\">Gulf Daily News<\/a> reported last week. Bahrain \u2014 which has limited arable land \u2014 aims to use treated sewage water in irrigation to decrease underground water dependency, and is kickstarting the process to establish hydroponic farms \u2014 a technique of growing plants using a water-based nutrient solution rather than soil \u2014 in six different regions, to help supply 10-20% of the country\u2019s vegetable using less water, the minister added. \u201cTenders for two locations in Howrat A\u2019ali and Duraz have been issued while the four other locations are in the process of being registered for soil-less farming projects,\u201d Al Mubarak said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- The world\u2019s first global emissions tax on shipping garners support:<\/strong> A majority of countries attending the International Maritime Organization\u2019s (IMO) two-week negotiations on climate policy are in favor of mandating a global emissions levy starting next year, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/03\/22\/worlds-first-ever-global-emissions-tax-takes-a-step-closer-to-reality.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reported on Friday following the conclusion of the talks held in London. The levy \u2014 which was backed by 34 countries \u2014 will help countries achieve the revised emissions targets <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8761c2aa-85d0-4cc3-865b-f893c304af0d\/today:-egypt%25e2%2580%2599s-cib-will-receive-usd-100-mn-from-ifc-to-boost-climate-financing\" style=\"\" rel=\"noopener\">approved last year<\/a> which some experts are already <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2c3501bf-7638-42d0-b1a7-abab38c7bab1\/today:-loss-and-damage-talks-stall-%2B-uae%25e2%2580%2599s-f9-capital-forms-a-blockbuster-jv-in-critical-minerals-mining\" style=\"\" rel=\"noopener\">doubting its feasibility<\/a>. The recent <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3e08a588-1d47-454e-9cb2-a64b30187193\/today:-more-funding-for-egypt%25e2%2580%2599s-green-transition-%2B-masdar-is-reportedly-eyeing-an-indian-acquisition\" style=\"\" rel=\"noopener\">upswing in support<\/a> of the emissions tax \u2014 which could rack up USD 80 bn annually \u2014 is a significant change compared to the last round of talks in 2023, according to the news outlet. Revenues collected from the tax could be put towards developing low emissions shipping fuels and fund the energy transition of poorer states. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> Delegates at the IMO are expected to hold talks in the fall to further discuss the different proposals for a carbon levy, including a proposal put forward by Belize and some Pacific Island states for a levy of USD 150 per ton of carbon \u2014 the most ambitious suggestion yet. Other proposals include a push to combine a price on shipping emissions with an international emissions standard for maritime fuel. In addition to the Pacific Island states, the EU, Canada, are among a group of 47 countries pushing for the international shipping emissions charge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7- <\/strong><strong>The <\/strong><strong>EU is likely to miss its 2030 green hydrogen local production targets due to <\/strong><strong>technical difficulties, stringent EU regulations, and high financial costs<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-22\/engie-ceo-says-eu-won-t-meet-its-2030-green-hydrogen-goals\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing comments made by Engie CEO Catherine MacGregor. Those challenges are hindering the development of large-scale electrolyzers needed to produce green hydrogen, MacGregor explains. While Engie is advancing green hydrogen projects for synthetic aviation fuel and biofuels, and considering electrolyzer projects in the US, Chile, and Australia, MacGregor suggests that the EU's goal may be delayed by at least five years, mirroring Engie's own postponement of its 4 GW electrolyzer target to 2035.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The EU\u2019s hydrogen import plans have also been questioned recently: <\/strong>A recent study <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/79b66e28-f661-4fd4-bace-0c316393cf9e\/the-eu%25e2%2580%2599s-hydrogen-import-goals-are-unrealistic,-study-finds\" style=\"\" rel=\"noopener\">raised concerns<\/a> about the EU's ambitious yet ambiguous plans to import 10 mn tons of renewable hydrogen by 2030, deeming the target as unrealistic. The analysis suggests that six potential exporter countries, including Egypt, Oman, and Morocco, could only realistically supply 2.6 million tons, falling short of the EU's goal. The report also highlights challenges such as limited export capacity, underdeveloped infrastructure, and environmental impacts on water resources and land use. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#8- The US earmarks USD bns for hard-to-decarbonize industries: <\/strong>The US Department of Energy is set to give out USD 6.3 bn in grants \u2014 USD 5.5 bn of which will come from the Inflation Reduction Act \u2014 to help heavy-emitting industries decarbonize their production, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-22\/biden-set-to-award-billions-to-decarbonize-us-heavy-industries\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing sources with knowledge of the matter. Details on the projects that will receive funding are scheduled to be publicly disclosed today, Monday, and will include highly polluting industries such as cement, glass, chemicals, metals, and pulp and paper. These industries make up almost 25% of US emissions and are often hard and expensive to decarbonize, Bloomberg writes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER STATESIDE NEWS- Offshore wind is getting a push: <\/strong>Offshore wind developers can now claim an \u201c <a target=\"_blank\" href=\"https:\/\/energycommunities.gov\/energy-community-tax-credit-bonus\/\" style=\"\" rel=\"noopener\">energy communities tax credit<\/a> \u201d from the Inflation Reduction Act for projects with supervisory control and data acquisition (SCADA) equipment in areas that rely on fossil fuel revenue and are low-income with high unemployment, according to <a target=\"_blank\" href=\"https:\/\/home.treasury.gov\/news\/press-releases\/jy2203#:~:text=Developers%20can%20receive%20a%20bonus,projects%20in%20historical%20energy%20communities.\" style=\"\" rel=\"noopener\">new rules<\/a> released by the US Treasury on Friday. The subsidy can amount to 10% of the project\u2019s cost on top of the IRA\u2019S 30% credit for renewable energy projects.<\/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&nbsp;<\/strong><a target=\"_blank\" href=\"http:\/\/www.enterprise.news\" style=\"\" rel=\"noopener\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, Enterprise Climate, Enterprise Logistics, and The Weekend Edition on our powerful new website packed with reader-friendly features. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Were you forwarded this email? <strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/climate\/en\/user\/NewsLetters\" style=\"\" rel=\"noopener\">subscription without charge here<\/a><\/strong> or reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.worldfutureenergysummit.com\/\" style=\"\" rel=\"noopener\">World Future Energy Summit<\/a><\/strong><strong> from Tuesday, 16 April to Thursday, <\/strong><strong>18 April <\/strong>in Abu Dhabi. The summit will address solutions for development in the transformation of future energy systems. The summit will also feature discussions on recycling, waste-to-energy, and air-to-water trends and progressions. <\/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:\/\/www.mena.gh2events.com\/\" style=\"\" rel=\"noopener\">Connecting Green Hydrogen MENA<\/a><\/strong><strong> event from Tuesday, 23 <\/strong><strong>April to Thursday, 25 April<\/strong> in Dubai. The event will explore green hydrogen partnerships, policies, and practices in the region, in parallel to a showcasing of the latest in the clean fuel\u2019s technology. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.omansustainabilityweek.com\/\" style=\"\" rel=\"noopener\">Oman Sustainability Week<\/a><\/strong><strong> from Sunday, 28 April to Thursday, <\/strong><strong>2 May <\/strong>in Muscat. The event will focus on exploring investment opportunities and implementing best practices in sustainability within the energy, water, and environmental sectors.<\/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>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\" rel=\"noopener\">The Electric Vehicle Innovation Summit<\/a><\/strong><strong> from Monday, 20 May to <\/strong><strong>Wednesday, 22 May <\/strong>in Abu Dhabi. The event will see industry leaders come together to discuss sustainable mobility and tapping into groundbreaking advancements in electric vehicles while engaging with key decision-makers.<\/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\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/cop29\/\">COP29<\/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-sukuk\/\">Green sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83217\" 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    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data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2208.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2208.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2208.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83218\" class=\"content-area-description single-story post-83218 post type-post status-publish format-standard has-post-thumbnail hentry category-green-hydrogen tag-enterpriseclimate tag-green-hydrogen tag-hydrom tag-oman 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\/3\/.a6509a94-5463-4373-8a08-d5aba5587817.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hydrom and VNG talk green hydrogen exports: <\/strong>State-owned Hydrogen Oman (Hydrom) signed an agreement with German gas importer <a target=\"_blank\" href=\"https:\/\/www.vng.de\/en\" style=\"\" rel=\"noopener\">VNG<\/a><a target=\"_blank\" href=\"https:\/\/www.vng.de\/en\" style=\"\" rel=\"noopener\">AG<\/a> to explore the feasibility of establishing a green hydrogen and ammonia value chain between the two countries, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7177737391883894785\/\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement includes possible long-term offtake agreements for green hydrogen and ammonia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This came as no surprise: <\/strong>Germany will not have the production capacity to meet its hydrogen demands through domestic production alone leading to the need to build strong partnerships with overseas suppliers, VNG CEO Ulf Heitm\u00fcller said in a separate <a target=\"_blank\" href=\"https:\/\/www.vng.de\/en\/de\/newsroom\/2024-03-18-energieminister-des-sultanats-oman-besucht-vng\" style=\"\" rel=\"noopener\">statement<\/a>. Germany will <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/90020359-44a9-4580-bdbc-c107af636a95\/today:-manara,-a-pif-ma%25e2%2580%2599aden-jv,-grabs-a-10%2525-stake-in-vale%25e2%2580%2599s-base-metals-unit\" style=\"\" rel=\"noopener\">need to import<\/a> around 50% to 70% of its hydrogen to meet demand \u2014 which is estimated to be between 95 to 130 TWh in 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman increases planned investments in hydrogen: <\/strong>Oman is set to invest between USD 40 to 60 bn by 2030 in green hydrogen production and its needed common-use infrastructure \u2014 up from the USD 20-30 bn announced last year, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1151380\/business\/energy\/oman-sees-40-60-bn-commitment-towards-new-hydrogen-industry\" style=\"\" rel=\"noopener\">Oman Observer<\/a> reported on Saturday citing comments made by Energy and Minerals minister Salim Al Aufi at the Berlin Energy Transition Dialogue. The investments will include the construction of new hydrogen pipelines, transmission networks, water desalination and pipeline networks, and specialized storage capacity. The investments will also aim to meet stringent international standards on renewable hydrogen imports, particularly from the EU, in efforts to support the development of 6 GW-scale green hydrogen projects in Al Wusta and Dhofar Governorates, the news outlet added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hydrom has more plans in the works: <\/strong>Hydrom, OQ Gas Networks, Nama Water Services, and the Oman Electricity Transmission Company (OETC) are establishing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dfaeccec-75a0-4f73-8745-3124c9492a04\/we-have-more-details-on-hydrom%25e2%2580%2599s-new-hydrogen-infrastructure-company\" style=\"\" rel=\"noopener\">hydrogen infrastructure company<\/a> which will work on projects across the Al Wusta and Dhofar governorates. Hydrom is targeting commissioning the project before the \u201cfirst production of hydrogen\u201d locally by 2029. Hydrom also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f307b422-ee6b-4fc0-afbd-bc5ee1e07f01\" style=\"\" rel=\"noopener\">signed an MoU<\/a> with Asyad Group to support the green hydrogen projects and signed another agreement with Siemens Energy and the Oman Investment Authority (OIA) to explore the feasibility of establishing an electrolyzer manufacturing facility in the Sultanate. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not <\/strong><strong>VNG\u2019s<\/strong><strong> first regional venture: <\/strong>VNG signed an agreement with Algeria\u2019s state-owned oil producer Sonatrach to conduct feasibility studies for the construction of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dc1002ec-0ddc-4ff5-816a-c01831ad2522\/germany-is-eyeing-some-algerian-hydrogen-%2B-australia%25e2%2580%2599s-ffi-is-heading-to-oman\" style=\"\" rel=\"noopener\">50 MW green hydrogen plant<\/a> in 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER GREEN HYDROGEN NEWS- Oman is also exploring cooperation with the Dutch:<\/strong> A delegation from Dutch energy network operator <a target=\"_blank\" href=\"https:\/\/www.gasunie.nl\/en\" style=\"\" rel=\"noopener\">Gasunie<\/a> recently concluded a visit to Oman with the aim of exploring collaboration opportunities in green hydrogen, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1151274\/business\/energy\/dutch-group-explores-green-hydrogen-cooperation-with-oman\" style=\"\" rel=\"noopener\">Oman Observer<\/a> reported on Thursday. The delegation met with officials from Oman's Ministry of Energy and Minerals, Hydrom, OQ Gas Networks, and the Port of Duqm to discuss potential collaborations in infrastructure development and green energy production. The visit falls under an MoU <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/952ee209-52e7-435e-860b-caf16ba6251b\/green-hydrogen-steals-the-spotlight\" style=\"\" rel=\"noopener\">signed in 2022<\/a> to cooperate on green energy, specifically green hydrogen. <\/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-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hydrom\/\">Hydrom<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83220\" 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=\"83220\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects\/\">\r\n                            Saudi\u2019s SFD extends SAR 101 mn in loans to Pakistan for hydropower projects                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Saudi\u2019s SFD extends SAR 101 mn in loans to Pakistan for hydropower projects&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects\/&title=Saudi\u2019s SFD extends SAR 101 mn in loans to Pakistan for hydropower projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Saudi%E2%80%99s+SFD+extends+SAR+101+mn+in+loans+to+Pakistan+for+hydropower+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F25%2Fsaudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2146.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83221\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saudis-sfd-extends-sar-101-mn-in-loans-to-pakistan-for-hydropower-projects\/2146-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2146.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2146.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2146.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2146.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83220\" class=\"content-area-description single-story post-83220 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-enterpriseclimate tag-hydropower tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.372b7d1c-dedc-4aa2-bd65-2d14dc0e6e34.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A helping hand for Pakistani hydropower: <\/strong>The Saudi Fund for Development (SFD) will provide USD 101 mn to Pakistan under two loan agreements to fund the establishment of two hydropower plants with a combined capacity of 70 MW, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2071737\" style=\"\" rel=\"noopener\">SPA<\/a> reported on Friday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The SFD will earmark USD 66 mn in development soft loans for the 48 MW Shounter Hydropower Project and USD 35 mn for the 22 MW Jagran-IV Hydropower Project. The allocated funding package will be channeled toward infrastructure development, including dam construction, water diversion, purification structures, excavation of the main water transport tunnel, powerhouse and discharge tunnel construction, and equipment, devices, and transmission line supply.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- This is not the first Pakistan-bound development package courtesy of SFD:<font face=\"Arial\">&nbsp;<\/font><\/strong>The SFD approved a USD 240 mn soft loan in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6764bbfc-4d8b-4828-9a3f-8f6920d3c8a5\/saudi-fund-for-development-lends-usd-240-mn-to-finance-pakistan%25e2%2580%2599s-mohmand-hydropower-dam-project\" style=\"\" rel=\"noopener\">April last year<\/a> to finance Pakistan\u2019s Mohmand Hydropower Dam Project. The USD 2.2 bn project <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6764bbfc-4d8b-4828-9a3f-8f6920d3c8a5\/saudi-fund-for-development-lends-usd-240-mn-to-finance-pakistan%25e2%2580%2599s-mohmand-hydropower-dam-project\" style=\"\" rel=\"noopener\">will generate<\/a> 800 MW of clean energy once operational. SFD has provided Pakistan with over USD 1.4 bn in development soft loans and grants for the implementation of 41 development projects since 1976.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All under Pakistan\u2019s clean energy push: <\/strong>Pakistan has set an ambitious target to have renewables <a target=\"_blank\" href=\"https:\/\/climatepromise.undp.org\/what-we-do\/where-we-work\/pakistan\" style=\"\" rel=\"noopener\">comprise 60% of its power mix<\/a> by 2030 with a conditional <a target=\"_blank\" href=\"https:\/\/www.trade.gov\/country-commercial-guides\/pakistan-renewable-energy#:~:text=The%20Government%20of%20Pakistan%20renewable,wind%20energy%20market%20in%20Pakistan.\" style=\"\" rel=\"noopener\">target of an overall 50%<\/a> reduction of its projected greenhouse gas emissions by the end of the decade.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hydropower\/\">HYDROPOWER<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83222 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=\"83222\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/83222\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83222\" class=\"content-area-description single-story post-83222 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=\"83223\" 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=\"83223\">\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\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/kowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project\/\">\r\n                            Kowepco and EDF will bid to develop UAE\u2019s 1.5 GW Khazna solar project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/kowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/kowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/kowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Kowepco and EDF will bid to develop UAE\u2019s 1.5 GW Khazna solar project&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/kowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/kowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project\/&title=Kowepco and EDF will bid to develop UAE\u2019s 1.5 GW Khazna solar project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Kowepco+and+EDF+will+bid+to+develop+UAE%E2%80%99s+1.5+GW+Khazna+solar+project+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F25%2Fkowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/kowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2210.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83224\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/kowepco-and-edf-will-bid-to-develop-uaes-1-5-gw-khazna-solar-project\/2210-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2210.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2210.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2210.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2210.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83223\" class=\"content-area-description single-story post-83223 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-ewec tag-solar tag-solar-energy tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.b4ab654c-791f-4004-bb8d-b2344f4efbe8.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><b>Korea Western Power (Kowepco) and&nbsp;EDF Renewables signed a Joint Development Agreement (JDA) to bid on the upcoming 1.5 GW Al-Khazna solar project in the UAE<\/b>,&nbsp;<a href=\"https:\/\/www.kedglobal.com\/energy\/newsView\/ked202403220010\" target=\"_blank\" rel=\"noopener nofollow noreferrer\">The Korean Economic Daily<\/a>&nbsp;reported on Friday. The project \u2014 located in Abu Dhabi\u2019s Al-Khazna area bordering Al Ain \u2014 will be completed by 2027. The financial details regarding the plant\u2019s construction were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the solar farm: <\/strong>Khazna is a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ac5a6d33-aaf5-4511-a65a-c057c0232f85\" style=\"\" rel=\"noopener\">greenfield solar power project<\/a> with a generation capacity of 1.5 GW similar in scale and production capacity to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d972493a-e325-47e9-823b-e2d2692709f0\" style=\"\" rel=\"noopener\">Al-Dhafra<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/43031cf2-39a8-4286-aa35-e6dddbd11964\" style=\"\" rel=\"noopener\">Al-Ajban<\/a> solar projects. Once fully operational the project is expected to reduce CO2 emissions by over 2.4 mn tons per year \u2014 equivalent to removing about 470k cars from the road.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming: <\/strong>Emirates Water and Electricity Company(Ewec) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ac5a6d33-aaf5-4511-a65a-c057c0232f85\" style=\"\" rel=\"noopener\">invited developers<\/a> to submit expressions of interest for the development of Khazna last year. The selected developer will be tasked with constructing, financing, operating, maintaining, and owning the solar plant, with Ewec being the sole offtaker of solar power generated under a long-term 30-year PPA.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kowepco \u2764\ufe0fEDF: <\/strong>The two companies were tapped by Ewec <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/fc7e7a23-32e0-4a73-ac66-f682174f951f\" style=\"\" rel=\"noopener\">last month<\/a> to develop the 1.5 GW <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/43031cf2-39a8-4286-aa35-e6dddbd11964\" style=\"\" rel=\"noopener\">Al Ajban solar project<\/a> for an estimated investment ticket of USD 748 mn. The plant will break ground in June and is set for completion in 2026. The pair are also developing Oman\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13e04bb2-8f33-4830-a313-ef533ce04fba\" style=\"\" rel=\"noopener\">500 MW Manah solar project<\/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\/ewec\/\">Ewec<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"83225\" 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=\"83225\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/emirates-global-aluminium-to-fully-acquire-germanys-leichtmetall\/\">\r\n                            Emirates Global Aluminium to fully acquire Germany\u2019s Leichtmetall                        <\/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\/03\/25\/emirates-global-aluminium-to-fully-acquire-germanys-leichtmetall\/\" 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\/03\/25\/emirates-global-aluminium-to-fully-acquire-germanys-leichtmetall\/')\">\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\/03\/25\/emirates-global-aluminium-to-fully-acquire-germanys-leichtmetall\/\">\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=Emirates Global Aluminium to fully acquire Germany\u2019s Leichtmetall&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/emirates-global-aluminium-to-fully-acquire-germanys-leichtmetall\/\">\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\/03\/25\/emirates-global-aluminium-to-fully-acquire-germanys-leichtmetall\/&title=Emirates Global Aluminium to fully acquire Germany\u2019s Leichtmetall\">\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=Emirates+Global+Aluminium+to+fully+acquire+Germany%E2%80%99s+Leichtmetall+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F25%2Femirates-global-aluminium-to-fully-acquire-germanys-leichtmetall%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\/03\/25\/emirates-global-aluminium-to-fully-acquire-germanys-leichtmetall\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2205.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83226\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/emirates-global-aluminium-to-fully-acquire-germanys-leichtmetall\/2205-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2205.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2205.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2205.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2205.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83225\" class=\"content-area-description single-story post-83225 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-emirates-global-aluminum tag-enterpriseclimate tag-ma-watch tag-recycling 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\/3\/.d52f03cf-dce7-44e2-bd93-624d2fbb9299.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE's Emirates Global Aluminum <\/strong><strong>(EGA) will fully acquire German <\/strong><strong>aluminum<\/strong><strong> recycling company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.leichtmetall.eu\/de\/\" style=\"\" rel=\"noopener\">Leichtmetall Aluminum Giesserei<\/a><\/strong><strong> from Leichtmetall Holding<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/media.ega.ae\/ega-to-acquire-leichtmetall-european-producer-of-high-strength-recycled-aluminium\/\" style=\"\" rel=\"noopener\">statement<\/a> published on Thursday. The transaction is set to be finalized in 1H 2024 and marks the company\u2019s first major acquisition since it was formed by merging Dubai Aluminum and Emirates Aluminum.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Leichtmetall: <\/strong>The company specializes in <a target=\"_blank\" href=\"https:\/\/www.leichtmetall.eu\/de\/aluminium-herstellung\/\" style=\"\" rel=\"noopener\">processing secondary aluminum<\/a> recycled from scrap and alloyed with elements like zinc and magnesium to create high-quality alloy. This process saves up to 95% energy compared to traditional energy-intensive aluminum production. Leichtmetall powers its Hanover aluminum plant with renewable energy and has an annual production capacity of 30k tons of billets using 80% secondary aluminum. The company has a customer base in Germany, Italy, and France. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A strategic move for EGA: <\/strong>EGA exports around 600k tons of aluminum to Europe annually, the statement notes. The new purchase could bring the company closer to European customers on the eve of the bloc introducing its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/973fb9e8-83ce-4263-a138-e893db5528a8\/today:-the-region%25e2%2580%2599s-first-green-hydrogen-refueling-station,-courtesy-of-adnoc\" style=\"\" rel=\"noopener\">tax on carbon-intensive imports<\/a> in 2026. Recycled aluminum is set to account for around 60% of global aluminum demand by 2030 and 70% by 2040, to reach 57 mn tons, the statement added.<\/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\/emirates-global-aluminum\/\">Emirates Global Aluminum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/recycling\/\">recycling<\/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=\"83227\" 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=\"83227\">\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\">IPO WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/uaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx\/\">\r\n                            UAE\u2019s IHC plans to list subsidiary 2PointZero on the ADX                        <\/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\/03\/25\/uaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx\/\" 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\/03\/25\/uaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx\/')\">\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\/03\/25\/uaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE\u2019s IHC plans to list subsidiary 2PointZero on the ADX&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/uaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx\/\">\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\/03\/25\/uaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx\/&title=UAE\u2019s IHC plans to list subsidiary 2PointZero on the ADX\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%E2%80%99s+IHC+plans+to+list+subsidiary+2PointZero+on+the+ADX+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F25%2Fuaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx%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\/03\/25\/uaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2206.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83228\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/uaes-ihc-plans-to-list-subsidiary-2pointzero-on-the-adx\/2206-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2206.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2206.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2206.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2206.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83227\" class=\"content-area-description single-story post-83227 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-enterpriseclimate tag-international-holding-company tag-ipo-watch tag-mining 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\/3\/.357adaee-94e7-48c8-9158-cb2ad3ef79aa.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>2PointZero is heading the ADX: <\/strong>UAE\u2019s Investment giant International Holding Company (<a target=\"_blank\" href=\"https:\/\/www.ihcuae.com\/\" style=\"\" rel=\"noopener\">IHC<\/a>) plans to list its recently established subsidiary <a target=\"_blank\" href=\"https:\/\/www.2pointzero.com\/\" style=\"\" rel=\"noopener\">2PointZero<\/a> \u2014 which specializes in investing in emerging tech, mining, and resource management \u2014 on the Abu Dhabi bourse sometime next year, IHC CEO Syed Basar Shueb told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-21\/abu-dhabi-s-ihc-plans-to-list-27-billion-holding-firm-next-year\" style=\"\" rel=\"noopener\">Bloomberg<\/a> last week. Financial details regarding the IPO were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IHC has been eyeing the listing for some time: <\/strong>The firm\u2019s initial decision to move the assets under a new holding came in anticipation of a listing debut, Shueb adds. The business listing is expected to raise \u201csignificant capital injection\u201d for the companies, helping fuel their growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- IHC launched 2PointZero earlier this year:<\/strong> IHC set up 2PointZero earlier this year <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d6306190-3d8d-4978-8256-05e11406e561\/new-ihc-holdco%253cmark%253e-2pointzero-%253c%2Fmark%253elaunches,-holds-aed-100-bn-portfolio\" style=\"\" rel=\"noopener\">in January<\/a> as a holding company expected to hold some AED 100 bn (USD 27 bn) of assets under its umbrella. The portfolio companies under the umbrella are: Chimera Investment, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d93707b4-9ff3-4be0-b16c-d84b263290f4\" style=\"\" rel=\"noopener\">private-markets focused firm Lunate<\/a>, crypto mining player Citadel Technologies, MENA-focused Sagasse Investments, Egypt\u2019s Beltone Financial Holding, as well as Abu Dhabi\u2019s International Resources Holding (IRH). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IRH is active in mining:<\/strong> IRH \u2014 one of the five companies under 2PointZero\u2019s umbrella \u2014 is a natural resources extraction company that spans the entire mining value chain including in minerals that are critical to the energy transition, according to their <a target=\"_blank\" href=\"https:\/\/irh.ae\/about-us\/\" style=\"\" rel=\"noopener\">website<\/a>. IRH currently operates projects in Angola, Burundi, the Democratic Republic of Congo, South Africa, Tanzania, Zambia, and Zimbabwe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More expansions underway: <\/strong>An IHC unit is exploring acquiring an 80% stake in Zambia's <a target=\"_blank\" href=\"https:\/\/lubambe.com\/\" style=\"\" rel=\"noopener\">Lubambe Copper Mine<\/a> from <a target=\"_blank\" href=\"https:\/\/www.emrcapital.com\/en-us\" style=\"\" rel=\"noopener\">EMR Capital<\/a>, sources familiar with the matter told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/uae-conglomerate-seeks-gatecrash-chinas-jhcx-zambian-copper-deal-2024-03-21\/\" style=\"\" rel=\"noopener\">Reuters<\/a> on Friday. This comes after EMR signed an agreement to sell the stake to China's <a target=\"_blank\" href=\"https:\/\/www.jchxmc.com\/?about_69.html\" style=\"\" rel=\"noopener\">JCHX Mining<\/a> in January. The agreement is pending approval by Zambia\u2019s government which owns the rest 20% of the mine IHC also expressed interest in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7e30e56b-9c5a-45e8-8936-c522af4e4b6d\/abb-signs-agreement-to-roll-out-ev-infrastructure-in-bahrain-%2B-egypt-signs-several-green-hydrogen-agreements\" style=\"\" rel=\"noopener\">acquiring<\/a> the Zambian Mopani copper mines \u2014 Africa\u2019s second largest producer \u2014 last October.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And there\u2019s more: <\/strong>IHC is also planning to list <a target=\"_blank\" href=\"https:\/\/www.siriusholding.com\/#1\" style=\"\" rel=\"noopener\">Sirius International Holding<\/a> \u2014 which <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f806fd29-6c75-4eee-870f-f7ab5c06ff6a\/enec-will-collaborate-with-chinese-nuclear-firm-and-afdb-supports-tunisian-water-treatment\" style=\"\" rel=\"noopener\">recently launched<\/a> its Smart Sustainability Solutions (S3) climate company focusing on water scarcity and efficiency, circular economy, methane, and carbon \u2014 on the ADX next year, Shueb told Bloomberg. <\/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\/international-holding-company\/\">International Holding Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ipo-watch\/\">IPO watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mining\/\">MINING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"83229\" 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=\"83229\">\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\">DISTRICT COOLING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/ksas-city-cool-will-establish-a-district-cooling-plant-for-diriyah\/\">\r\n                            KSA\u2019s City Cool will establish a district cooling plant for Diriyah                        <\/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\/03\/25\/ksas-city-cool-will-establish-a-district-cooling-plant-for-diriyah\/\" 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 financial details and a timeline for the launch of the plant were not disclosed in the statement<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know: <\/strong>The facility and associated distribution network will deliver a maximum cooling power of 72.5k tons of refrigeration to the first phase of the USD 62.2 bn PIF-backed Diriyah project. The agreement follows a 25-year build-own-operate and transfer (BOOT) model. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi is expanding its district cooling services: <\/strong>KSA\u2019s <a target=\"_blank\" href=\"https:\/\/www.makaremhotels.com\/\" style=\"\" rel=\"noopener\">Makarem<\/a><a target=\"_blank\" href=\"https:\/\/www.makaremhotels.com\/\" style=\"\" rel=\"noopener\">Almaarifa<\/a><a target=\"_blank\" href=\"https:\/\/www.makaremhotels.com\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.makaremhotels.com\/\" style=\"\" rel=\"noopener\">Hospitality<\/a> awarded a contract to a consortium \u2014 comprised of City Cool, integrated solutions provider Johnson Controls Arabia (JCA), and EPC solutions provider ADC Energy Systems \u2014 to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/fe67a5da-0c8a-46f3-bf11-eb85486e14e3\/saudi-arabia%25e2%2580%2599s-kec-unit-awards-contract-to-city-cool-led-consortium\" style=\"\" rel=\"noopener\">build a central cooling plant<\/a> for its parent company the Knowledge Economic City in Madinah back in January. Saudi Arabia\u2019s King Salman Park is also getting a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dd27cf50-0b36-4c23-ac0a-b4ae1980e703\/snc-lavalin-to-build%253cmark%253e-district-cooling-%253c%2Fmark%253eplant-at-riyadh%25e2%2580%2599s-king-salman-park\" style=\"\" rel=\"noopener\">district cooling plant<\/a> courtesy of Canada\u2019s SNC-Lavalin Group. The contract was awarded by Saudi Tabreed\u2019s subsidiary Green Park Cooling Company last June. <\/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\/district-cooling\/\">district cooling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83231\" 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=\"83231\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\/\">\r\n                            Saint-Gobain 10 MW solar powered glass factory in progress                        <\/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\/03\/25\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\/\" 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\/03\/25\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\/')\">\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\/03\/25\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\/\">\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=Saint-Gobain 10 MW solar powered glass factory in progress&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\/\">\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\/03\/25\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\/&title=Saint-Gobain 10 MW solar powered glass factory in progress\">\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=Saint-Gobain+10+MW+solar+powered+glass+factory+in+progress+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F25%2Fsaint-gobain-10-mw-solar-powered-glass-factory-in-progress%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\/03\/25\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2198.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83232\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\/2198-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2198.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2198.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2198.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2198.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83231\" class=\"content-area-description single-story post-83231 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-enterpriseclimate tag-green-finance tag-oman tag-saudi-arabia tag-sczone tag-solar-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.0648c3bc-6a4b-4cd9-a488-b6cd253f2da2.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">SOLAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saint-Gobain breaks ground on solar-powered glass factory: <\/strong>Frenchconstruction material manufacturer Saint-Gobain has broken ground on a glass production plant worth <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/saint-gobain-breaks-ground-on-699mln-glass-factory-in-egypt-mdhkt2ge#:~:text=a%20%E2%82%AC175%20million%20(-,%24699%20million,-)%20glass%20production%20plant\" style=\"\" rel=\"noopener\">USD 699 mn<\/a> in Egypt\u2019s Sokhna Industrial Zone partially powered by a 10 MW solar farm, according to a <a target=\"_blank\" href=\"https:\/\/sczone.eg\/with-investments-of-e175-million-sczone-celebrates-the-groundbreaking-for-a-glass-factory-and-a-solar-energy-plant\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The solar plant \u2014 Saint-Gobain\u2019s third facility in the area \u2014 is expected to reduce annual emissions by 6k tonnes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PVH to supply Saudi\u2019s Ar Rass 2 with 1 GW solar trackers:<\/strong> Solar tracker manufacturer PV Hardware (PVH) will provide Saudi Arabia\u2019s Ar Rass 2 Solar PV Park with 957 MW of its solar trackers, according to a Thursday <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/pvh-to-supply-1gw-solar-trackers-to-ar-rass-2-in-saudi-arabia-cx2ynvtl\" style=\"\" rel=\"noopener\">press release<\/a>. PVH Middle East will manufacture parts locally for the project, whose contractor is engineering firm Larsen and Toubro. <\/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\">RENEWABLES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Positive Zero sets its sights on UAE + Oman: <\/strong>Dubai-based decarbonization firm <a target=\"_blank\" href=\"https:\/\/www.positivezero.com\/\" style=\"\" rel=\"noopener\">Positive<\/a><a target=\"_blank\" href=\"https:\/\/www.positivezero.com\/\" style=\"\" rel=\"noopener\">Zero<\/a> and <a target=\"_blank\" href=\"https:\/\/www.se.com\/en\/\" style=\"\" rel=\"noopener\">Schneider Electric<\/a> have inked an agreement to ramp up the adoption of clean energy technologies in the UAE and Oman, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/1999.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> released on Thursday. The agreement will see the two companies cooperate on distributed microgrid projects, clean mobility solutions, energy efficiency, and sustainability.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fast facts:<\/strong> The global energy-as-a-service market is expected to cross USD 112 bn by 2030 on the back of a heightened adoption of distributed energy resources and green solutions, the press release adds, citing SkyQuest Technology. American multinational investment firm BlackRock pledged a USD 400 mn investment in Positive Zero in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d622b5a7-d1f6-4bfd-ab03-8b259bb03999\/blackrock-to-invest-usd-400-mn-in-dubai-decarbonization-firm\" style=\"\" rel=\"noopener\">December 2023<\/a>.<\/p>\n<p class=\"tag-border-left\">DESALINATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Korea\u2019s LG Chem to supply Morocco with desal tech: <\/strong>South Korean chemical company <a target=\"_blank\" href=\"https:\/\/www.lgchem.com\/main\/index\" style=\"\" rel=\"noopener\">LG Chem<\/a> has secured a contract to supply desalination devices to Moroccan state-owned fertilizer and phosphate company OCP Group, <a target=\"_blank\" href=\"https:\/\/en.yna.co.kr\/view\/AEN20240321006600320\" style=\"\" rel=\"noopener\">Yonhap News Agency<\/a> reported on Thursday. The company will provide 18k reverse osmosis (RO) membranes to Jorf Lasfar industrial complex, operated by OCP Group, by May. The membranes will be used to desalinate 90 mn tons of seawater annually that will serve up to 1.9 mn people in Morocco, including residents near the complex, and for use in fertilizer production.<\/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 FINANCE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi fintech <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cashin.sa\/\" style=\"\" rel=\"noopener\">Cashin KSA<\/a><\/strong><strong> and Dubai-based software developer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/filsnow.com\/\" style=\"\" rel=\"noopener\">Fils<\/a><\/strong><strong> are partnering <\/strong><strong>on climate-geared payment solutions in Saudi Arabia<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/filsnow.com\/news\/cashin-ksa-and-fils-join-forces-to-accelerate-sustainability-in-payment-solutions-across-saudi-arabia\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday.The collaboration will give Cashin KSA\u2019s network of merchants across Saudi Arabia access to Fils\u2019 payments platform, where merchants will be able to track their environmental impact and use carbon-credits to offset their carbon footprint. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first carbon offsetting platform for Fils: <\/strong>Fils <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ba196a28-faf7-4c01-8318-27d46a35608b\/fintech-platforms-geidea-%2B%253cmark%253e-fils-%253c%2Fmark%253eteam-up-to-offset-carbon-footprint-on-purchases\" style=\"\" rel=\"noopener\">previously partnered<\/a> with Saudi SME fintech Geidea to allow its merchants to estimate emissions from certain transactions and invest in carbon credit projects. The company also signed an agreement with Emirati banking group Mashreq in January to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b0c9b270-90a3-4a5f-9d38-830587c5ecd7\" style=\"\" rel=\"noopener\">launch a carbon credit trading platform<\/a> to help their banking clients slash greenhouse gas footprint.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>UAE\u2019s Barakah nuclear plant\u2019s 4th reactor connected to grid: <\/strong>Unit 4 of the Barakah Nuclear Energy Plant has been connected to the UAE\u2019s transmission grid, providing 1.4 GW of carbon free electricity. The plant\u2019s third unit, which also added 1.4 GW, began commercial operations <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9bccd2b5-00ae-4bbe-912f-af2f3ec42f29\/acwa-power%25e2%2580%2599s-100-mw-solar-tower-in-mohammed-bin-rashid-al-maktoum-solar-park-is-operational\" style=\"\" rel=\"noopener\">last month<\/a>. (<a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/energy\/unit-4-of-abu-dhabis-barakah-nuclear-energy-plant-connects-to-uae-power-grid\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>KSA approves JV for waste management in Madinah: <\/strong>Saudi Arabia\u2019s competition authority has approved a joint venture between the investment arm of Madinah Regional Municipality, Al-Maqar Development Company (Almqr), Akam, and Beeah to develop waste management for the Saudi city of Madinah. Beeah and Almqr <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8df21e1f-68d1-49b9-984a-fe59b6538d99\/adnoc-distribution-accelerates-ev-charging-stations-rollout,-eanan-tests-its-first-local-evtol,-and-morocco-gets-a-green-loan-to-boost-desalination-efforts.\" style=\"\" rel=\"noopener\">teamed up before<\/a> on a similar project with the Saudi Investment Recycling Company. (<a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2482006\/business-economy\" style=\"\" rel=\"noopener\">Arab News<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/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\/sczone\/\">SCzone<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83233\" 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=\"83233\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/ikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm\/\">\r\n                            Ikea owner + partners to build Norway\u2019s 1.5 GW offshore wind farm                        <\/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\/03\/25\/ikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm\/\" 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\/03\/25\/ikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm\/')\">\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\/03\/25\/ikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm\/\">\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=Ikea owner + partners to build Norway\u2019s 1.5 GW offshore wind farm&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/ikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm\/\">\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\/03\/25\/ikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm\/&title=Ikea owner + partners to build Norway\u2019s 1.5 GW offshore wind farm\">\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=Ikea+owner+%2B+partners+to+build+Norway%E2%80%99s+1.5+GW+offshore+wind+farm+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F25%2Fikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm%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\/03\/25\/ikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2195.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83234\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/ikea-owner-partners-to-build-norways-1-5-gw-offshore-wind-farm\/2195-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2195.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2195.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2195.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2195.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83233\" class=\"content-area-description single-story post-83233 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterpriseclimate tag-greenwashing tag-wind-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.9871b8de-58b0-4d4c-af7b-e1d2f2d08339.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Norway has awarded its first 1.5 GW North <\/strong><strong>Sea wind farm license to Ventyr, a consortium led by Ikea store owner Ingka and Jera subsidiary Parkwind<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.ingka.com\/newsroom\/ventyr-secures-winning-bid-in-norwegian-auction-for-sorlige-nordsjo-ii-offshore-wind-development\/\" style=\"\" rel=\"noopener\">statement<\/a> published on Thursday. The first turbines are expected to be operational by 2030, but the cost and operational timeline for the wind farm have not been disclosed. Ingka owns <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/norway-awards-first-offshore-wind-tender-swedens-ingka-japans-parkwind-2024-03-20\/\" style=\"\" rel=\"noopener\">49%<\/a><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/norway-awards-first-offshore-wind-tender-swedens-ingka-japans-parkwind-2024-03-20\/\" style=\"\" rel=\"noopener\">of Ventyr<\/a> while <a target=\"_blank\" href=\"https:\/\/parkwind.eu\/\" style=\"\" rel=\"noopener\">Parkwind<\/a> owns the rest.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The district court of Amsterdam <\/strong><strong>has ruled that Dutch airline KLM misled customers with an advertising campaign that falsely suggested its flights were climate-friendly<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-20\/klm-loses-dutch-greenwashing-case-on-climate-advertising?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday. KLM\u2019s advertisements paint an \u201coverly rosy picture\u201d of the company\u2019s measures to cut emissions such as reforestation and the use of biofuel, which \u201conly marginally reduce the negative environmental aspects and give the wrong impression that flying with KLM is sustainable,\u201d the court said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Siemens <\/strong><strong>Energy is set to resume sales of its <\/strong><strong>onshore wind turbines, which had been halted due to technical issues<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-21\/siemens-energy-prepares-to-resume-sales-of-troubled-wind-turbines?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday. Siemens\u2019 Gamesa unit <a target=\"_blank\" rel=\"noopener\">faced setbacks<\/a> after the company identified a defect that caused turbine frames to twist, leading to a <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-11-14\/siemens-energy-secures-15-billion-deal-to-shore-up-finances\" style=\"\" rel=\"noopener\">EUR 15 bn bailout<\/a> from the German government. Siemens Energy aims to rectify quality issues and re-enter the market despite facing challenges like raw material price hikes and supply chain disruptions.<\/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>Germany pledges more support <\/strong><strong>for Namibia<\/strong><strong> green hydrogen project: <\/strong>Germany plans to provide more financial support for Namibia\u2019s <a target=\"_blank\" href=\"https:\/\/hyphenafrica.com\/projects\/\" style=\"\" rel=\"noopener\">USD 10 bn<\/a><a target=\"_blank\" href=\"https:\/\/hyphenafrica.com\/projects\/\" style=\"\" rel=\"noopener\">green hydrogen project Hyphen<\/a>. The project is now deemed of strategic interest to Germany, German Federal Minister for Economic Affairs and Climate Protection Robert Habeck said in a letter of intent sent to German renewables firm <a target=\"_blank\" href=\"https:\/\/enertrag.com\/\" style=\"\" rel=\"noopener\">Enertrag<\/a>, which is the main stakeholder in the project. Namibia is expected to provide Europe with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8c5815e1-c5e2-4081-9f6a-58c568af3924\/uzbekistan%25e2%2580%2599s-getting-a-usd-1-bn-syngas-processing-plant-%2B%253cmark%253e-namibia-%253c%2Fmark%253emoves-forward-with-usd-10-bn-green-hydrogen-hub\" style=\"\" rel=\"noopener\">750k tons of green fuel annually<\/a>, in addition to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/79b66e28-f661-4fd4-bace-0c316393cf9e\/the-eu%25e2%2580%2599s-hydrogen-import-goals-are-unrealistic,-study-finds\" style=\"\" rel=\"noopener\">imports from Egypt, Oman, Morocco<\/a>, Chile, and Norway. (<a target=\"_blank\" href=\"https:\/\/enertrag.com\/presse\/detail\/hyphen-wasserstoff-projekt-in-namibia-auf-dem-weg-zum-strategischen-auslandsprojekt-der-bundesrepublik-deutschland\" 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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/greenwashing\/\">Greenwashing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wind-energy\/\">Wind Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83235\" 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=\"83235\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/is-uaes-sustainable-construction-sector-showing-signs-of-slowing\/\">\r\n                            Is UAE\u2019s sustainable construction sector showing signs of slowing?                        <\/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\/03\/25\/is-uaes-sustainable-construction-sector-showing-signs-of-slowing\/\" 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\/03\/25\/is-uaes-sustainable-construction-sector-showing-signs-of-slowing\/')\">\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\/03\/25\/is-uaes-sustainable-construction-sector-showing-signs-of-slowing\/\">\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=Is UAE\u2019s sustainable construction sector showing signs of slowing?&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/is-uaes-sustainable-construction-sector-showing-signs-of-slowing\/\">\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\/03\/25\/is-uaes-sustainable-construction-sector-showing-signs-of-slowing\/&title=Is UAE\u2019s sustainable construction sector showing signs of slowing?\">\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=Is+UAE%E2%80%99s+sustainable+construction+sector+showing+signs+of+slowing%3F+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F25%2Fis-uaes-sustainable-construction-sector-showing-signs-of-slowing%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\/03\/25\/is-uaes-sustainable-construction-sector-showing-signs-of-slowing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2131.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83236\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/25\/is-uaes-sustainable-construction-sector-showing-signs-of-slowing\/2131-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2131.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2131.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2131.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2131.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83235\" class=\"content-area-description single-story post-83235 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-in-the-news tag-enterpriseclimate tag-green-construction 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\/3\/.eefdec74-0307-4f82-ad06-fe53cff042f2.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE still has a ways to go with buildings that align with its environmental<\/strong><strong> goals<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2024-03-20\/dubai-s-sustainable-city-was-meant-to-start-a-trend-it-hasn-t-yet?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing <a target=\"_blank\" href=\"https:\/\/www.chathamhouse.org\/about-us\/our-departments\/environment-and-society-centre\" style=\"\" rel=\"noopener\">Chatham House\u2019s Environment and Society Centre<\/a> associate Karim Elgendy. While Dubai\u2019s Sustainable City was supposed to start a trend in sustainable construction, \u201cit\u2019s still just an anomaly,\u201d he added. \u201cSustainable City found an opportunity in a certain type of tenant and they framed it as a lifestyle,\u201d he said. \u201cI don\u2019t think a typical Dubai resident is their typical customer. Without the policy incentives, it\u2019s hard to see other developers doing more.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Challenges ahead: <\/strong>The emphasis on sustainable architecture is growing, as policymakers and business leaders see it as a key strategy to decrease energy consumption, particularly in the Gulf Cooperation Council countries, where the rate of warming is double the global average and where nearly 70% of electricity is used for home cooling. However, <a target=\"_blank\" href=\"https:\/\/www.thesustainablecity.ae\/\" style=\"\" rel=\"noopener\">Sustainable City<\/a>, seemingly a solitary example of a populated green project, isn\u2019t readily scalable, largely due to restrictions on car use, the report explains. <a target=\"_blank\" href=\"https:\/\/masdarcity.ae\/\" style=\"\" rel=\"noopener\">Masdar City<\/a> also remains noticeably vacant. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-construction\/\">green construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"83237\" 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\/03\/25\/83237\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83237\" class=\"content-area-description single-story post-83237 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;\">MARCH 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-29 March (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sdg.iisd.org\/events\/29th-session-of-the-international-seabed-authority-assembly-and-council-part-i\/#:~:text=Event%3A%2029th%20Session%20of%20the,)%20%7C%20SDG%20Knowledge%20Hub%20%7C%20IISD&text=The%2029th%20Session%20of%20the,from%2018%2D29%20March%202024.\" style=\"\">International Seabed Authority Assembly and Council<\/a><\/span><span style=\"font-weight:400;\">, Kingston, Jamaica. <\/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>19 April (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.un.org\/en\/energy\/page\/global-stocktaking-sdg7\" style=\"\">Global Stocktaking on SDG7<\/a><\/span><span style=\"font-weight:400;\">, New York, US. <\/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>24-26 April (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mygetex.com\/\" style=\"\">Global Education & Training Exhibition (GETEX)<\/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, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 April-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>6-9 May (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wtm.com\/atm\/en-gb.html\" style=\"\">Arabian Travel Market<\/a><\/span><span>, <\/span><span style=\"font-weight:400;\">Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 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 style=\"\">14-15 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/invest-africa-energy.com\/\" style=\"\">Invest in African Energy (IAE) Forum<\/a><\/span><span style=\"font-weight:400;\">, Paris, France. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 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 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>18-25 May (Saturday-Saturday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/worldwaterforum.org\/\" style=\"\">The World Water Forum<\/a><\/span><span style=\"font-weight:400;\">, Bali, Indonesia. <\/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, Saudi Arabia. <\/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>11-12 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/17243638-over-100-financial\" style=\"\">International Conference on Financing Investment and Trade in Africa (FITA 2024)<\/a><\/span><span style=\"font-weight:400;\">, Tunis, Tunisia. <\/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, 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\">NOVEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-8 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wuf.unhabitat.org\/\" style=\"\">World Urban Forum<\/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>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, 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\">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:400;\">World Water Forum, 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;\">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>A new green hydrogen export agreement for Oman | Kowepco + EDF to develop 1.5 GW UAE solar farm | EGA eyes full acquisition of Germany\u2019s Leichtmetall<\/p>\n","protected":false},"featured_media":83214,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-83213","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"536f17e4-40af-4c81-9d3d-a7c4547a4986","teaser":"A new green hydrogen export agreement for Oman | Kowepco + EDF to develop 1.5 GW UAE solar farm | EGA eyes full acquisition of Germany\u2019s Leichtmetall","photo_url":"https:\/\/ent.news\/2024\/2\/1158.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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