{"id":83295,"date":"2024-03-27T00:00:00","date_gmt":"2024-03-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=83295"},"modified":"2025-12-15T10:34:48","modified_gmt":"2025-12-15T10:34:48","slug":"ksas-riwaq-power-metals-resources-partner-on-critical-mineral-exploration-in-the-arabian-shield","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/ksas-riwaq-power-metals-resources-partner-on-critical-mineral-exploration-in-the-arabian-shield\/","title":{"rendered":"KSA\u2019s Riwaq + Power Metals Resources partner on critical mineral exploration in the Arabian Shield"},"content":{"rendered":"<section id=\"83297\" 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=\"83297\">\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\/27\/today-more-mining-in-ksa-good-news-for-green-hydrogen-in-mena\/\">\r\n                            TODAY: More mining in KSA + Good news for green hydrogen in MENA                        <\/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\/27\/today-more-mining-in-ksa-good-news-for-green-hydrogen-in-mena\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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But first\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A quick programming note: <\/strong>Enterprise Climate will be taking a publication holiday tomorrow and will be back in your inboxes at the usual time on Monday morning.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>China hits<\/strong><strong> back<\/strong><strong> at the US to protect its EV industry:<font face=\"Arial\">&nbsp;<\/font><\/strong>China has begun a dispute settlement against the US at the World Trade Organization (WTO) citing \u201cdiscriminatory subsidies\u201d that exclude their EVs from the market. Under the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3907e1bd-299f-46ad-8f42-7d0fead9dcc7\" style=\"\" rel=\"noopener\">Inflation Reduction Act<\/a>, subsidies are provided for consumers to purchase more EVs and companies to produce more renewables, which China has argued is exclusionary to non-American goods and pursued legal action to \u201csafeguard [their] legitimate interests \u2026 and maintain a fair level playing field of competition.\u201d The proceedings will take at least 6 months but the US will be able to appeal into a legal void should the WTO rule against them. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:<\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china-opens-dispute-against-us-wto-over-discriminatory-subsidies-2024-03-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/china-us-wto-electric-vehicle-subsidies-5048c991624f7be5e4800490e3b1273d\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-26\/china-files-wto-complaint-over-us-electric-vehicle-subsidies\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/economy\/trade\/china-files-wto-complaint-against-u-s-over-electric-vehicle-subsidies-7c38d1e2\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.independent.co.uk\/news\/china-ap-biden-world-trade-organization-chinese-b2518713.html\" style=\"\" rel=\"noopener\">The Independent<\/a> <\/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- One step closer for a sustainable aviation fuel plant in Egypt: <\/strong>US multinational conglomerate <a target=\"_blank\" href=\"https:\/\/www.honeywell.com\/us\/en\" style=\"\" rel=\"noopener\">Honeywell<\/a> in partnership with the European Bank for Reconstruction and Development will complete a feasibility study within the next few months for a proposed sustainable aviation fuel production facility in Egypt, a delegation from the firm <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02pF5i77dMpKyCg4cUZC1ZdRD4Rq9mJ5nPQg5cfybN1VfQx6Eo2W3PoYR68i4Txftdl\" style=\"\" rel=\"noopener\">said<\/a> during a meeting with the Oil Ministry. Egypt said the SAF studies had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/359710f2-e78f-4251-8b7f-235a2245cd12\/today:-a-new-green-banking-initiative-for-tunisia-%2B-more-funding-for-saudi-green-tech-startups\" style=\"\" rel=\"noopener\">begun earlier this month<\/a> to implement Egypt's first SAF project using used cooking oil. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Honeywell has been considering building a sustainable aviation fuel production facility in Alexandria under a public-private partnership with state-run Egyptian Petrochemicals Holding Company and local private companies, the Oil Ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d2720389-8124-4a83-a88b-28f1f0055edc\/neo-mobility-raises-usd-10-mn-in-seed-round\" style=\"\" rel=\"noopener\">said<\/a> last October.<\/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- Turkey imposes tariffs on solar panel imports: <\/strong>Turkey will implement a tariff of USD 25 per sqm on all solar PV panels being imported from Vietnam, Malaysia, Thailand, Croatia, and Jordan, according to a <a target=\"_blank\" href=\"https:\/\/www.resmigazete.gov.tr\/eskiler\/2024\/03\/20240319-2.htm\" style=\"\" rel=\"noopener\">statement<\/a> from the Ministry of Trade. Turkey previously introduced import tariffs of USD 20 per square meter for all solar modules from China, following <a target=\"_blank\" href=\"https:\/\/www.resmigazete.gov.tr\/eskiler\/2020\/04\/20200414-28.htm\" style=\"\" rel=\"noopener\">initial restrictions<\/a> placed in 2020. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this important? <\/strong>Turkey is using the taxes to protect over 60 local solar panel manufacturers as part of an anti-dumping investigation into Asian solar panel imports, according to <a target=\"_blank\" href=\"https:\/\/www.hurriyetdailynews.com\/local-solar-panel-manufacturers-to-be-protected-191793\" style=\"\" rel=\"noopener\">Hurriyet<\/a>. The tariffs will be returned to manufacturers if no anti-dumping practices are found, the statement notes.<\/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>The US is mulling a proposal by the EU and the UK to cut off most export credit financing <\/strong><strong>for <\/strong><strong>fossil fuel projects<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/de9fee8b-e369-4603-9054-4cabb20bf349\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports, citing people with knowledge of the matter. Under the proposal \u2014 discussed at ongoing talks between the Organisation for Economic Cooperation and Development\u2019s member countries in Paris \u2014 export credit agencies, the biggest source of financing for the sector, would be allowed to finance oil, gas, and coal projects only if the country can determine that they align with climate goals. The EU is also proposing a transparency requirement for all fossil fuel projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EU and UK need the US on board: <\/strong>For the proposal to move forward, a consensus is needed from the OECD\u2019s 38 member countries, including the US, the EU, the UK, Canada, as well as big fossil fuel backers that have not yet agreed to align their public finance with the Paris agreement, such as Japan and South Korea. The proposal comes at a time when the OECD countries are set to reconvene in June and November to continue discussions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A necessary move?&nbsp;<\/strong>Fossil fuel projects received 7x more support from G20 export credit agencies compared to their counterparts on the renewable energy front between 2019 and 2021, the FT writes, citing data from <a target=\"_blank\" href=\"https:\/\/priceofoil.org\/\" style=\"\" rel=\"noopener\">Oil Change International<\/a>. USD 33.5 bn in financing annually went towards projects in the oil and gas sector compared with USD 4.7 bn for renewable energy development. US credit export agency Exim recently extended USD 500 mn in financing for an oil and gas project in Bahrain, despite protests from US lawmakers saying it hindered climate action. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Electricity generated from <\/strong><strong>clean energy sources in Europe surged to 60% in the first <\/strong><strong>two months of 2024<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/europes-clean-power-sources-record-roll-early-2024-maguire-2024-03-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing research by think tank Ember. Total electricity generated from clean energy sources \u2014 including hydro, solar, wind, and nuclear power \u2014 reached a record 516.5 TWh, up 12% y-o-y. Nuclear power remained Europe's primary source of clean energy at 172.5 TWh of electricity, up 4.1% from last year, the newswire writes. Hydro dams followed with 153 TWh of electricity, accounting for 17.6% of Europe's total electricity generation. Wind farms went up 14% y-o-y at a record 137.5 TWh, and solar power also rose nearly 19% y-o-y to reach a new peak of 24.4 TWh. At the same time, coal and natural gas fell by 15% and 4% y-o-y respectively. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>IN OTHER EU NEWS-<\/strong><strong>EU <\/strong><strong>is working on upgrading its regulations for green bonds: <\/strong>The EU's securities watchdog <a target=\"_blank\" href=\"https:\/\/www.esma.europa.eu\/\" style=\"\" rel=\"noopener\">ESMA<\/a> has proposed rules aimed at fostering competition among external reviewers of green bonds, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/eu-sets-out-rules-external-checks-green-bonds-2024-03-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. ESMA's proposals address potential conflicts of interest between external reviewers and the company whose green bond they are checking, and aims to standardize registration requirements to lower entry costs for applicants and provide a level playing field. The measures proposed also ensure that the proceeds are invested in projects aligned with the EU's taxonomy for sustainable investments. The public consultation process will precede the watchdog's final recommendations to the European Commission, with the new green bond rules expected to be implemented in December.<\/p>\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Over 80% of sustainability-linked <\/strong><strong>bonds (SLB) issued between 2018 and November 2023 were not in line with the rules set out in the Paris Agreements<\/strong>, a Climate Bonds Initiative (CBI) <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2346.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> found. SLBs provide incentives for sustainability targets with the threat of a higher interest rate if not met and, unlike green bonds, their investment returns are open for general use without being restricted to specific projects. CBI however saw some improvement in 2023 with 33% of SLBs aligning with climate goals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- SLBs have long been scrutinized: <\/strong>Companies in the market faced greenwashing allegations and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/69a6a6c8-870c-4037-ab07-be3647e589da\/today:-the-uae-greenlights-national-strategies-on-renewables,-hydrogen-and-evs\" style=\"\" rel=\"noopener\">investors steered away<\/a> causing a market downturn after almost a tenfold increase in sales between 2020 and 2021. Between the start of 2023 and May, sales of SLB were down by 28% y-o-y. SLBs are \u201criddled with exit clauses, toothless terms and conditions, vague timelines and opaque targets \u2014 all designed to protect issuers,\u201d said Maia Godemer, a sustainable finance analyst at BNEF, \u201cbut correcting course could unlock tns of USD of investment, shepherding decarbonization in ways no other financial instrument can.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CBI blames structural flaws and loopholes: <\/strong>CBI argues that the decline in investments is a result of structural flaws, weak reporting, and insufficient decarbonization targets which investors don\u2019t have the resources to weed out of the market. The non-profit pointed out two loopholes with one exempting issuers from paying a penalty for missing targets if there were rule or policy changes, and another allowing the excluding post-issuance acquisitions from performance evaluations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Turkey and Egypt are mired with oil spills: <\/strong>Egypt and Turkey are among the worst hotspots for <a target=\"_blank\" href=\"https:\/\/www.noaa.gov\/education\/resource-collections\/ocean-coasts\/oil-spills\" style=\"\" rel=\"noopener\">oil slicks<\/a> \u2014 spills of liquid petroleum hydrocarbons into the marine ecosystem \u2014 by ships despite their strategic maritime locations and reliance on tourism, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/24a7c50b-85f4-49d2-a14c-c4fb64e64748\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports. Through the use of satellite imagery and AI, researchers have identified over 2.7k oil slicks globally as a result of cheap fuel filtering and improper waste disposal, mostly located in Southeast Asia, the FT explains. Countries like Egypt and Turkey, need to monitor and report these violations more effectively, FT suggests. Experts are also calling for stringent enforcement of maritime laws to curb the pollution.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday by 9am Cairo \/ 10am Riyadh \/ 11am UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong><a target=\"_blank\" href=\"http:\/\/www.enterprise.news\" style=\"\" rel=\"noopener\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, Enterprise Climate, Enterprise Logistics, and The Weekend Edition on our powerful new website packed with reader-friendly features. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Were you forwarded this email? <strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/climate\/en\/user\/NewsLetters\" style=\"\" rel=\"noopener\">subscription without charge here<\/a><\/strong> or reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the World Future Energy Summit 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 Connecting Green Hydrogen MENA 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 Oman Sustainability Week 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 The Electric Vehicle Innovation Summit 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\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainable-aviation-fuels\/\">sustainable aviation fuels<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/turkey\/\">Turkey<\/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=\"83299\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83300\" 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=\"83300\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">MINING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/ksas-riwaq-and-power-metals-resources-team-up-on-critical-mineral-exploration-in-the-arabian-shield\/\">\r\n                            KSA\u2019s Riwaq and Power Metals Resources team up on critical mineral exploration in the Arabian Shield                        <\/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\/27\/ksas-riwaq-and-power-metals-resources-team-up-on-critical-mineral-exploration-in-the-arabian-shield\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" 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class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=KSA%E2%80%99s+Riwaq+and+Power+Metals+Resources+team+up+on+critical+mineral+exploration+in+the+Arabian+Shield+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F27%2Fksas-riwaq-and-power-metals-resources-team-up-on-critical-mineral-exploration-in-the-arabian-shield%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\/27\/ksas-riwaq-and-power-metals-resources-team-up-on-critical-mineral-exploration-in-the-arabian-shield\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2360.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83301\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/ksas-riwaq-and-power-metals-resources-team-up-on-critical-mineral-exploration-in-the-arabian-shield\/2360-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2360.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2360.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2360.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2360.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83300\" class=\"content-area-description single-story post-83300 post type-post status-publish format-standard has-post-thumbnail hentry category-mining tag-critical-metals tag-critical-minerals tag-enterpriseclimate tag-mining 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\/.30c1afbd-2b12-4120-ba32-dec9849e2e25.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More mining moves in KSA<\/strong><strong>:&nbsp;<\/strong>Saudi\u2019s <a target=\"_blank\" href=\"https:\/\/riwaq.com.sa\/\" style=\"\" rel=\"noopener\">Riwaq Al Mawarid for Mining (Riwaq)<\/a> \u2014 a subsidiary of Australian battery chemicals and technology company EV Metals Group (EVM) \u2014 has signed a binding earn-in joint venture agreement with UK exploration company <a target=\"_blank\" href=\"https:\/\/www.powermetalresources.com\/\" style=\"\" rel=\"noopener\">Power Metals Resources<\/a> to expand EVM's exploration activities in the Arabian Shield, according to a <a target=\"_blank\" href=\"https:\/\/www.evmetalsgroup.com\/newsroom\/ev-metals-group-plc-subsidiary-riwaq-al-mawarid-for-mining-signs-earn-in-joint-venture-agreement-with-uk-listed-power-metals-resources-plc\/\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What are they looking for? <\/strong>Lithium, nickel, and copper \/ molybdenum \u2014 all are critical for battery manufacturing and the energy transition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong>Riwaq holds legal ownership of 15 tenements covering 1487 sq km, with exploration licenses already granted for 11 and another four pending. Power Metals will invest USD 350k within 12 months to earn a 20% stake in the tenements and could go up to 30% with a follow-on investment. They plan to form a JV later to continue exploration. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Saudi recently completed an analysis on 88k geochemical samples from <\/strong><strong>the Arabian Shield: <\/strong>The Saudi Geological Survey (SGS) completed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/839c5c06-f588-4795-b3a0-1b0e9dd4e283\/egypt-signs-off-on-green-hydrogen-incentives-and-the-results-are-in-from-ksa%25e2%2580%2599s%253cmark%253e-arabian-shield-%253c%2Fmark%253escan\" style=\"\" rel=\"noopener\">geochemical analysis on 88k samples from the Arabian Shield<\/a> after a scanning 540k sq km in the region in a bid to identify investment locations for mining companies worldwide in February. SGS analyzed 76 elements per geochemical sample and final results will be fed into the country\u2019s National Geological Database. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Power Metals Resources:<\/strong> Power Metals Resources is a London-based metals exploration and development company, focused on financing and managing global resource projects to uncover significant metal discoveries. The company currently has active projects in Australia, Botswana, Canada, Tanzania and the US, according to its <a target=\"_blank\" href=\"https:\/\/www.powermetalresources.com\/\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/critical-metals\/\">critical metals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/critical-minerals\/\">critical minerals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mining\/\">MINING<\/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=\"83302 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=\"83302\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/83302\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83302\" class=\"content-area-description single-story post-83302 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\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=\"83303\" 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=\"83303\">\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\">MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/green-hydrogen-prices-are-expected-to-see-a-big-drop-in-the-region-by-2030\/\">\r\n                            Green hydrogen prices are expected to see a big drop in the region by 2030                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/green-hydrogen-prices-are-expected-to-see-a-big-drop-in-the-region-by-2030\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1115.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83304\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/green-hydrogen-prices-are-expected-to-see-a-big-drop-in-the-region-by-2030\/1115-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1115.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1115.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1115.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1115.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83303\" class=\"content-area-description single-story post-83303 post type-post status-publish format-standard has-post-thumbnail hentry category-macro-picture tag-egypt tag-enterpriseclimate tag-green-hydrogen tag-macro-picture tag-saudi-arabia 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\/.d2de9fa8-2775-4cf9-a482-80d18234fca6.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Green <\/strong><strong>hydrogen prices are expected to drop in MENA:<\/strong> Egypt, Saudi, and the UAE will become one of the most competitive producers of green hydrogen globally by 2030 as costs for electrolyzer systems and tariff prices for renewable energy generation fall, according to a new <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2339.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> by India-based management consulting firm <a target=\"_blank\" href=\"https:\/\/www.alvarezandmarsal.com\/\" style=\"\" rel=\"noopener\">Alvarez and<\/a><a target=\"_blank\" href=\"https:\/\/www.alvarezandmarsal.com\/\" style=\"\" rel=\"noopener\">Marshal<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How much are the prices of renewables expected to decline? <\/strong>Solar tariffs in the UAE, Saudi Arabia, Egypt, Chile and India will fall below USD 20 per MWh while wind tariffs are expected to reach under USD 30 per MWh in Saudi Arabia, Egypt, the US by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And electrolyzers?<\/strong> The costs for alkaline electrolyzers are estimated to be within USD 735\u2013945 per kW. This is expected to drop further by 2030 as the capital expenditure for these electrolyzers is anticipated to decrease reaching USD 310\u2013440 per kW across various countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE came up on top: <\/strong>The UAE is projected to produce the cheapest green hydrogen globally by 2030 at USD 1.7 per kg, down from USD 2.7 per kg in 2023. Subsequently, the UAE is projected to produce green ammonia competitively by 2030 at USD 467 per ton \u2014 down from the USD 629 per ton recorded last year. UAE ranked the 5th globally in infrastructure readiness which takes into account the country\u2019s abundance of renewable energy sources, grid size, and current hydrogen usage, amongst other factors. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Followed by KSA:<\/strong> Saudi Arabia is expected to produce the third cheapest green hydrogen globally after the UAE and India at USD 1.8 per kg \u2014 down from USD 2.9 per kg last year. Green ammonia production costs in the kingdom are predicted to decrease from USD 475 per ton in 2023 to USD 686 per ton in 2030. Saudi Arabia ranked 7th globally in infrastructure readiness. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt still has a ways to go: <\/strong>The report estimates Egypt will produce green hydrogen at a cost of USD 2.7 per kg by 2030 \u2014 down from USD 4.5 per kg last year \u2014 and green ammonia at a cost of USD 635 per ton \u2014 down from USD 962 per ton in 2023. The report attributes the increase in the price to the high country risk which leads to higher financing costs for the projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The focus is on exports: <\/strong>UAE, Saudi, Egypt and Oman are among the countries focusing on green hydrogen exports by 2030, the global trade for which is estimated to yield USD 24-36 bn annually, according to the report. This also comes as the EU\u2019s <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\">RePowerEU<\/a> green hydrogen strategy aims to import 10 mn tons of hydrogen by 2030 from countries including Egypt, Oman, and Morocco. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India is also making strides: <\/strong>India will also have a competitive advantage in the hydrogen market as it's estimated to produce the fuel at USD 1.8 per kg by 2030 \u2014 down from USD 3.2 per kg in 2023 \u2014 and ranks 4th in hydrogen infrastructure readiness. Green ammonia will be produced at USD 467 per ton, compared to USD 727 per ton in 2023. India is aiming to create 1 mn tons of hydrogen demand annually by 2027 and sign more offtake agreements to derisk projects in efforts to further enable its green hydrogen economy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN <\/strong><strong>OTHER INDIA NEWS- India is seeing its first green hydrogen project launch next month: <\/strong>India\u2019s state-owned gas company <a target=\"_blank\" href=\"https:\/\/www.gailonline.com\/\" style=\"\" rel=\"noopener\">Gail<\/a> is set to launch its first green hydrogen project in April, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/indias-gail-commission-its-first-green-hydrogen-project-april-sources-say-2024-03-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported citing sources familiar with the matter. The 10 MW electrolyser will produce around 4.3 metric tons of hydrogen daily.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/macro-picture\/\">MACRO PICTURE<\/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\/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=\"83305\" 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=\"83305\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/positive-zero-tamimi-energy-to-partner-on-ksa-solar-projects\/\">\r\n                            Positive Zero + Tamimi Energy to partner on KSA solar 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\/27\/positive-zero-tamimi-energy-to-partner-on-ksa-solar-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n 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href=\"https:\/\/api.whatsapp.com\/send?text=Positive+Zero+%2B+Tamimi+Energy+to+partner+on+KSA+solar+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F27%2Fpositive-zero-tamimi-energy-to-partner-on-ksa-solar-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\/27\/positive-zero-tamimi-energy-to-partner-on-ksa-solar-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2428.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83306\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/positive-zero-tamimi-energy-to-partner-on-ksa-solar-projects\/2428-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2428.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2428.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2428.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2428.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83305\" class=\"content-area-description single-story post-83305 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-decarbonization tag-enterpriseclimate tag-saudi-arabia 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\/.74d0449b-4478-427a-91b7-e04cb1eba5ab.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<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>Positive Zero + Tamimi Energy partner on solar energy: <\/strong>Subsidiaries of KSA\u2019s <a target=\"_blank\" href=\"https:\/\/www.tamimienergy.com\/\" style=\"\" rel=\"noopener\">Tamimi<\/a><a target=\"_blank\" href=\"https:\/\/www.tamimienergy.com\/\" style=\"\" rel=\"noopener\">Energy<\/a> and Dubai-based decarbonization firm <a target=\"_blank\" href=\"https:\/\/www.positivezero.com\/\" style=\"\" rel=\"noopener\">Positive Zero<\/a> have signed a partnership agreement to develop solar projects across Saudi Arabia, according to a <a target=\"_blank\" href=\"https:\/\/sirajpower.com\/positive-zero-and-tamimi-energy-join-forces-to-support-rapid-growth-of-saudi-clean-energy-market\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/sirajpower.com\/positive-zero-and-tamimi-energy-join-forces-to-support-rapid-growth-of-saudi-clean-energy-market\/\" style=\"\" rel=\"noopener\">statement<\/a>. Subsidiaries Sirajpower and Enerco will work together to finance, develop and source talent and tech for commercial and industrial solar power solutions across the Kingdom<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Positive Zero just received a lot of funds to put towards decarbonization <\/strong><strong>projects:<\/strong> US-based investment giant BlackRock <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8fe9e705-13ed-477d-9135-d10d32696df7\/uae%25e2%2580%2599s%253cmark%253e-positive-zero-%253c%2Fmark%253eis-getting-usd-400-mn-from-blackrock-for-decarbonization-efforts\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8fe9e705-13ed-477d-9135-d10d32696df7\/uae%25e2%2580%2599s%253cmark%253e-positive-zero-%253c%2Fmark%253eis-getting-usd-400-mn-from-blackrock-for-decarbonization-efforts\" style=\"\" rel=\"noopener\">invested USD 400 mn<\/a> in Positive Zero through a diversified infrastructure fund. The investment allows Positive Zero to grow its sustainable energy adoption and offer fully financed sustainable energy solutions across the GCC which it has already begun doing in the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/123c70da-9926-41c3-a0b4-28ed13d8fe12\/uae-and-france-launch-climate-investment-platform\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/123c70da-9926-41c3-a0b4-28ed13d8fe12\/uae-and-france-launch-climate-investment-platform\" style=\"\" rel=\"noopener\">UAE<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/93cfd03d-1ec6-4ad4-9a13-cda3b136e8e1\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/93cfd03d-1ec6-4ad4-9a13-cda3b136e8e1\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\" style=\"\" rel=\"noopener\">Oman<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">GREEN FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EU and French Development Agency back Egypt water treatment plant: <\/strong>The European Union and the French Development Agency will provide a total of EUR 61.5 mn in financing for the third phase of Egypt\u2019s Gabal El Asfar water treatment plant, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02iMh4toxyaHt3Vi78qMLPSVUf6t6qjB6y1V2NwKfg8s8qedKbAxLAE7EiSiqrQcbXl\" style=\"\" rel=\"noopener\">statement<\/a>. The project will be one of the largest water treatment plants in Egypt and will serve 17.5 mn people by 2040 through wastewater collection and treatment services. The third phase is scheduled to contribute to increasing the plant\u2019s capacity by 1 mn cbm, the statement read.<\/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\">ENERGY STORAGE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Eastman <\/strong><strong>+ SGS partner on energy storage: <\/strong>Indian firm Eastman is partnering with Saudi Arabia\u2019s SGS to provide energy storage solutions in the kingdom, <a target=\"_blank\" href=\"https:\/\/bitly.ws\/3gP3o\" style=\"\" rel=\"noopener\">Saudi Auto<\/a> reports. Eastman and SGS aim to introduce renewable energy solutions including advanced solar batteries, inverters, panels, lithium batteries, and charge controllers. SGS will be offering five types of Eastman\u2019s solar energy system batteries, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/sustainablgreensolutions_%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D9%84%D8%AD%D9%84%D9%88%D9%84-%D8%A7%D9%84%D8%AE%D8%B6%D8%B1%D8%A7%D8%A1-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%AF%D8%A7%D9%85%D8%A9-%D9%88%D9%83%D9%8A%D9%84-%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A-activity-7178365763286671360-adav\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Tunisia launches second phase of ADAPT program:<\/strong> Tunisia\u2019s EU-funded Support of Sustainable Development in the Agriculture and Artisanal Fisheries sector (ADAPT) program has entered its second phase with a budget of EUR 6 mn. The initiative aims to bolster sustainable private investment in the agricultural and fishing sectors. Applications for projects are open until 18 March. (<a target=\"_blank\" href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/17282171-second-phase-of\" style=\"\" rel=\"noopener\">TAP<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/decarbonization\/\">decarbonization<\/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\/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=\"83307\" 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=\"83307\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/anti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock\/\">\r\n                            Anti-ESG US fund withdraws USD 13.3 bn from Blackrock                        <\/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\/27\/anti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock\/\" 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\/27\/anti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock\/')\">\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\/27\/anti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock\/\">\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=Anti-ESG US fund withdraws USD 13.3 bn from Blackrock&url=https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/anti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock\/\">\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\/27\/anti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock\/&title=Anti-ESG US fund withdraws USD 13.3 bn from Blackrock\">\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=Anti-ESG+US+fund+withdraws+USD+13.3+bn+from+Blackrock+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F03%2F27%2Fanti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock%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\/27\/anti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2426.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83308\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/03\/27\/anti-esg-us-fund-withdraws-usd-13-3-bn-from-blackrock\/2426-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2426.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2426.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2426.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2426.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83307\" class=\"content-area-description single-story post-83307 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-blackrock tag-enterpriseclimate tag-green-finance tag-usa wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.fbc1543b-c484-460f-82a3-bf0c1a40db35.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Anti-ESG US fund pulls USD 13.3 bn investments from Blackrock: <\/strong>A lobbying campaign against ESG investments headed by the US\u2019 Republican party has led to the withdrawal of USD 13.3 bn in investments from Blackrock on the back of its inclusion in a list of firms that \u201cboycott fossil fuel companies,\u201d according to <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/9306c8f2-530d-45ca-a830-4d26e5a90509\" style=\"\" rel=\"noopener\">The Financial Times<\/a>. Texas Permanent School Fund recently withdrew USD 8.5 bn, making it the largest divestment by Republican-run pension funds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Blackrock got added to the country\u2019s first list of financial firms deemed to boycott fossil fuel companies in 2022, the FT writes, however the investment firm has gained more than USD 355 bn in new net flows into its products since then.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The pressure is working:<\/strong> BlackRock has scaled back its commitment to investor group Climate Action 100+ \u2014 a coalition of investors that pushes companies to reduce their carbon emissions, according to the news outlet. BlackRock was not the only one that was impacted by lobbyists, as JP Morgan Asset Management, Bond manager PIMCO <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c5a3aece-b9a5-4249-8745-04b68174919a\/today:-oman%25e2%2580%2599s-sohar-freezone-inks-lease-agreement-for-battery-recycling-plant-%2B-acwa-power-gets-the-green-light-to-secure-financing-for-solar-projects\" style=\"\" rel=\"noopener\">also left<\/a> the coalition, and PFZW \u2014 one of two Dutch pension funds tapped back in 2022 to lead negotiations with Shell on behalf of Climate Action \u2014 also says it will <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bc1d2628-74f0-4e16-9ca9-f28425189914\/india%25e2%2580%2599s-jsw-signs-mou-for-usd-5-bn-investment-in-ev-manufacturing\" style=\"\" rel=\"noopener\">step away from the talks<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- ESG divestments are nothing new: <\/strong>The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52da895d-51eb-4bd7-8e6e-6dd0733acce1\/today:-opec-fund-raises-usd-1-bn-in-maiden-sustainability-bond-%2B-masdar-confirms-plan-to-issue-maiden-green-bond-in-2023\" style=\"\" rel=\"noopener\">narrative around ESG investing<\/a> has become riddled with personal attacks and the problems \u201cdemonized,\u201d BlackRock CEO Larry Fink said. BlackRock \u2014 which had some USD 8.59 tn in assets under management at the end of 2022 \u2014 has become a \u201cpolitical punching bag\u201d for both right- and left-leaning forces when it comes to the issue of ESG investing. While some say that its policies negatively impact the fossil fuel industry to the detriment of the economy, others believe it isn't going far enough to address climate change.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Energy giants Sinpoec + TotalEnergies team up to produce SAF: <\/strong>China\u2019s leading state oil firm Sinopec and French energy giant TotalEnergies have inked an agreement to establish a sustainable aviation fuel (SAF) facility with an annual production capacity of 230k tons at one of Sinopec's refineries in China, according to a <a target=\"_blank\" href=\"https:\/\/totalenergies.com\/media\/news\/press-releases\/china-totalenergies-and-sinopec-join-forces-produce-sustainable-jet-fuel\" style=\"\" rel=\"noopener\">statement<\/a>. The plant will use local waste and residues from the circular economy, including used cooking oils and animal fats, as feedstock.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China\u2019s Sungrow takes the lead:<font face=\"Arial\">&nbsp;<\/font><\/strong>Chinese solar energy company <a target=\"_blank\" href=\"https:\/\/en.sungrowpower.com\/\" style=\"\" rel=\"noopener\">Sungrow<\/a> has overtaken China\u2019s <a target=\"_blank\" href=\"https:\/\/www.longi.com\/en\/\" style=\"\" rel=\"noopener\">Longi Green Energy Technology\u2019s<\/a> position as the world\u2019s most valuable solar energy company as solar equipment price drops narrow the margins for panel component manufacturers, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-26\/sungrow-ousts-longi-as-world-s-most-valuable-solar-energy-firm\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Longi\u2019s market capitalization dropped to CNY 152.2 bn (USD 21 bn) on Friday, putting Sungrow ahead. Sungrow\u2019s product mix \u2014 which includes sales of inverters, which convert solar electricity into the alternating current used in most power grids \u2014 helped the company achieve high volume growth and sustainable margins, Bloomberg writes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Longi hit a slump while Sungrow is on the rise:<\/strong> Longi has seen a sharp decline in value, dropping more than 70% from its peak in 2021 due to rapid industry expansion outpacing demand, the news outlet explains. The Chinese firm has plans to <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\">let go of 30% of its 80k employees<\/a> in efforts to cut costs and recover from a 44% drop in net income in 3Q 2023 amid overcapacity issues stemming from plummeting solar panel prices.<\/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>Renault <\/strong><strong>plans to recycle batteries:<\/strong> French automaker Renault is in discussions with potential partners to establish an industrial-scale battery recycling initiative in Europe. The company's environmental unit aims to reuse lithium and other valuable metals extracted from used EV batteries. This comes as the EU is trying to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2bbadc72-a59b-4815-8ec6-32e1c1384e74\/eu-investors-will-pump-usd-500-mn-to-shore-up-ev-battery-supply-chain\" style=\"\" rel=\"noopener\">bolster the supply chain<\/a> for EV production. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/renault-advanced-talks-with-partners-recycle-batteries-says-executive-2024-03-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/blackrock\/\">BlackRock<\/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\/usa\/\">USA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83309\" 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\/27\/83309\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83309\" class=\"content-area-description single-story post-83309 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 style=\"font-weight:400;\">19-29 March (Tuesday-Friday): International Seabed Authority Assembly and Council, 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 style=\"font-weight:400;\">16-18 April (Tuesday-Thursday): World Future Energy Summit, 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:400;\">16-18 April (Tuesday-Thursday): Middle East Energy, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">19 April (Friday): Global Stocktaking on SDG7, New York, US. <\/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;\">22-24 April (Monday-Wednesday): Oman Petroleum and Energy Show, Mustac, Oman.<\/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;\">23-25 April (Tuesday-Thursday): Connecting Green Hydrogen MENA, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">24-26 April (Wednesday-Friday): Global Education & Training Exhibition (GETEX), Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28-29 April (Sunday-Monday) Global Cooperation, Growth and Energy for Development, 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:400;\">28 April-2 May (Sunday-Thursday) Oman Sustainability Week, 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 style=\"font-weight:400;\">30 April-2 May (Tuesday-Thursday): Autonomous E-Mobility Forum, 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 style=\"font-weight:400;\">6-9 May (Monday-Thursday): Arabian Travel Market, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">7-9 May (Tuesday-Thursday): Global Waste Forum, Algiers, Algeria. <\/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;\">14-15 May (Tuesday-Wednesday): Invest in African Energy (IAE) Forum, Paris, France. <\/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;\">14-16 May (Tuesday-Thursday): Airport Show, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">18-25 May (Saturday-Saturday) The World Water Forum, Bali, Indonesia. <\/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;\">19-21 May (Sunday-Tuesday): Saudi Energy Convention, 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:400;\">20-22 May (Monday-Wednesday): Electric Vehicle Innovation Summit, 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:400;\">28-30 May (Tuesday-Thursday): Make it in the Emirates Forum, 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 style=\"font-weight:400;\">5 June (Wednesday): World Environment Day, 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:400;\">11-12 June (Tuesday-Wednesday): International Conference on Financing Investment and Trade in Africa (FITA 2024), 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 style=\"font-weight:400;\">15-17 October (Tuesday-Thursday): EV Auto Show, 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 style=\"font-weight:400;\">4-8 November (Monday-Friday): World Urban Forum, 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) Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), 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 style=\"font-weight:400;\">2-13 December (Monday-Friday): Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification, 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 style=\"font-weight:400;\">Early 2024: The 2023 US Algeria Energy Forum, Washington DC, USA.<\/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;\">12-14 February (Monday-Wednesday): Sustainable Aviation Futures MENA Congress, Dubai, UAE.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">End-2024: Emirati Masdar\u2019s 500 MW wind farm in Uzbekistan to begin commercial operations. <\/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;\">QatarEnergy\u2019s industrial cities solar power project will start electricity 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=\"font-weight:400;\">International Union for Conservation of Nature World Conservation Congress, 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:400;\">UAE to have over 1k 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 style=\"font-weight:400;\">26-29 October (Monday-Thursday):  World Energy Congress, 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:400;\">UITP Global Public Transport Summit, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Annual Meetings of the World Bank and the International Monetary Fund, Bangkok, Thailand.<\/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;\">1Q 2026: QatarEnergy\u2019s USD 1 bn blue ammonia plant to be completed.<\/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;\">End-2026: HSBC Bahrain to eliminate single-use 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 style=\"font-weight:400;\">MENA\u2019s district cooling market is expected to reach 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 style=\"font-weight:400;\">UAE\u2019s Abu Dhabi Commercial Bank (ADCB) wants to provide AED 35 bn in green financing. <\/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;\">UAE targets 14 GW 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 style=\"font-weight:400;\">Tunisia targets 30% 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 style=\"font-weight:400;\">Qatar wants to generate USD 17 bn 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 style=\"font-weight:400;\">Morocco\u2019s Xlinks solar and wind energy project to generate 10.5 GW 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 style=\"font-weight:400;\">Qatar to capture up to 11 mn tons 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=\"font-weight:400;\">Tunisia\u2019s carbon neutrality target.<\/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 achieve its net-zero emissions target.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>KSA heats up critical minerals exploration | Good news for future green hydrogen prices in MENA | One step closer for an Egyptian SAF plant<\/p>\n","protected":false},"featured_media":83296,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-83295","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6bef9a9e-b1e4-4fb3-84fc-92a7eeaa3708","teaser":"KSA heats up critical minerals exploration | Good news for future green hydrogen prices in MENA | One step closer for an Egyptian SAF plant","photo_url":"https:\/\/ent.news\/2024\/1\/1261.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KSA\u2019s Riwaq + Power Metals Resources partner on critical mineral exploration in the Arabian Shield - 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