{"id":83327,"date":"2024-04-01T00:00:00","date_gmt":"2024-04-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=83327"},"modified":"2025-12-15T10:35:31","modified_gmt":"2025-12-15T10:35:31","slug":"acwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-wind-farm","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-wind-farm\/","title":{"rendered":"Acwa Power inks a PPA with Uzbekistan for a 200 MW wind farm"},"content":{"rendered":"<section id=\"83329\" 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=\"83329\">\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\/04\/01\/today-acwa-nabs-another-wind-farm-in-uzbekistan-morocco-nets-more-ev-battery-production-investments\/\">\r\n                            TODAY: Acwa nabs another wind farm in Uzbekistan + Morocco nets more EV battery production investments                        <\/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\/04\/01\/today-acwa-nabs-another-wind-farm-in-uzbekistan-morocco-nets-more-ev-battery-production-investments\/\" 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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Before we dive in, here\u2019s big EV news brewing abroad\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>Xiaomi <\/strong><strong>launches its new EV: <\/strong>China\u2019s smartphone giant Xiaomi has succeeded where Apple failed, introducing The SU7 over the weekend. The EV takes a lot of its styling cues from Porsche and prices start at USD 4k less than Tesla\u2019s Model 3 with longer, 700-km range for the standard model. The company warned prospective buyers they could <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/xiaomis-ev-buyers-face-up-seven-month-wait-car-app-shows-2024-04-01\/\" style=\"\" rel=\"noopener\">wait up to seven months<\/a> to get their hands on a vehicle reflecting strong demand. The price of the Pro and Max models go for around CNY 245k and CNY 300k. Customers lined up for test drives until 3am on launch day, <a target=\"_blank\" href=\"https:\/\/carnewschina.com\/2024\/03\/31\/xiaomi-su7-customers-line-up-for-test-drives-til-3-am\/\" style=\"\" rel=\"noopener\">Car News China<\/a> reports, and the 2024 production run <a target=\"_blank\" href=\"https:\/\/carnewschina.com\/2024\/03\/30\/xiaomi-su7-sold-out-for-2024-within-24-hours\/\" style=\"\" rel=\"noopener\">sold out in just 24 hours<\/a> \u2014 some 120k units were ordered in the first day and a half it was on sale, <a target=\"_blank\" href=\"https:\/\/fortune.com\/2024\/03\/30\/xiaomi-from-apple-to-tesla-challenger-electric-vehicles-su7-launch\/\" style=\"\" rel=\"noopener\">one report suggests<\/a>. Xiaomi is also said to be <a target=\"_blank\" href=\"https:\/\/carnewschina.com\/2024\/03\/29\/xiaomi-doesnt-slow-down-new-suv-to-debut-by-the-year-end-to-take-on-model-y\/\" style=\"\" rel=\"noopener\">readying a mid-to-large size electric SUV<\/a> for introduction later this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong><strong>Xiaomi<\/strong><strong>\u2019s SU7 has <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c5142a5e-fa53-45b1-b778-c57d6716983a\/china%25e2%2580%2599s%253cmark%253e-xiaomi-%253c%2Fmark%253eto-launch-ev-next-week\" style=\"\" rel=\"noopener\">three e-motors available<\/a><\/strong>, with the HyperEngine V8s achieving a global record maximum speed of 27.2k rpm, 425 kW output, and 635N\u00b7m peak torque. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed headlines in the international press:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/xiaomi-set-plunge-into-evs-tricky-time-china-autos-2024-03-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/xiaomi-electric-vehicle-ev-china-su7-13900c059ca3c530cf35ddd486328f99\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-28\/xiaomi-unveils-ambitious-pricing-for-entry-in-cutthroat-ev-race\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/66d178ff-2342-43bf-b955-00c4d2ed6b97\" style=\"\" rel=\"noopener\">The Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/autos\/xiaomi-prices-first-ev-competitively-seeks-pole-position-in-crowded-market-406e03e1\" style=\"\" rel=\"noopener\">The Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/2024\/03\/28\/business\/chinas-xiaomi-ev-launch-intl-hnk\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/03\/28\/xiaomi-releases-electric-car-4k-cheaper-than-teslas-model-3-as-price-wars-heat-up.html\" style=\"\" rel=\"noopener\">CNBC<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ON THE TOPIC OF CHINESE EVS- Janet Yellen is stirring the pot with China on the eve of her second trip to Beijing as US treasury secretary<\/strong>. Yellen warned Beijing against dumping key components of the global green economy on other markets, claiming China is dumping excess production of solar panels, EVs, and lithium ion batteries on other countries. She said the practice \u201cdistorts global prices and production patterns and hurts American firms and workers, as well as firms and workers around the world.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed many headlines last week:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/yellen-intends-warn-china-clean-energy-subsidies-excess-production-capacity-2024-03-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-27\/yellen-sounds-alarm-on-china-roiling-world-with-industry-ramp-up\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/china-yellen-manufacturing-treasury-economics-69fa4b2bf1dca8ca408381189383717a\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/03\/27\/yellen-china-solar-ev-surplus-global-markets.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/6d52ed0d-4d4e-4540-8950-4c0c5a789992\" style=\"\" rel=\"noopener\">The Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/03\/27\/business\/yellen-china-green-technology.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/business\/2024\/03\/27\/china-yellen-manufacturing-treasury-economics\/776b47c2-ec45-11ee-8f2c-380a821c02db_story.html\" style=\"\" rel=\"noopener\">The Washington Post<\/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- <\/strong><strong>Egypt's <\/strong><strong>cabinet unveils new hydrogen company initiative: <\/strong>Egypt's cabinet has approved a new decree allowing the new Hydrogen Company to operate under the special free zone system at two locations within the Suez Canal Economic Zone (SCZone), according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2701.pdf\" style=\"\" rel=\"noopener\">statement<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2701.pdf\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2701.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a> published on Saturday. The move aims to enhance the management, operation, and maintenance of electrolyzers and green hydrogen production stations and their fuel derivatives. The two sites will span 31k sqm and 30k sqm respectively. Egypt has been rolling out <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/34a1031b-b726-4cf2-9978-f751f6d3ee56\/egypt%25e2%2580%2599s-green-hydrogen-incentive-package-gets-committee-level-parliament-approval\" style=\"\" rel=\"noopener\">green hydrogen incentives<\/a> for companies in a bid to provide 5-8% of the world\u2019s hydrogen and reduce annual carbon emissions by 40 mn tons by 2040, creating some 100k jobs and adding USD 10-18 bn to GDP in the process.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER <\/strong><strong>SCZONE NEWS- <\/strong><strong>The zone\u2019s board of directors has given the greenlight for a <\/strong><strong>green fuel trade corridor connecting it to the Dutch Port of Rotterdam<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02za6sQABnxgMVgkDaHXPfrc5ia9cDknZPhG73aRdmuRmQ8RJpjiJwmgdP3C4vkJK8l\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. The SCZone approved an MoU to support the export of green fuels such as green hydrogen and ammonia to European markets. The agreement will see the SCZone and the Port of Rotterdam work on the green bunkering corridor linking Singapore to Rotterdam through the Suez Canal, creating the first corridor for green bunkering between Asia, Africa, and Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Egypt has \u201ctremendous\u201d potential to export cheap green fuels<\/strong>, Deputy Director at Port of Amsterdam Mark Hoolwerf <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/876e7437-9f19-4084-987d-368ad3133461\/coffee-with:-mark-hoolwerf,-deputy-director-at-port-of-amsterdam\" style=\"\" rel=\"noopener\">told Enterprise Climate<\/a> in September. The Port of Amsterdam is in talks with Egyptian producers with planned green hydrogen projects given that Egypt is one of the countries with the highest potential to deliver cheap green fuels in comparison to some of the other countries attributable to Egypt\u2019s geographical position, proximity to export markets like the EU, and its efficient renewable energy resources, Hoolwerf added.<\/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 mulls nuclear investments in Europe: <\/strong>The UAE has reportedly held talks with the UK, among other European countries, to explore potential investments in the continent\u2019s nuclear power infrastructure, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/uae-signals-interest-european-nuclear-energy-investments-sources-say-2024-03-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing sources with knowledge of the matter. State-owned Emirates Nuclear Energy Company (Enec) is reportedly looking into becoming a minority investor in European nuclear power assets as part of the company\u2019s goal to expand internationally without managing or operating their investments. The UK is currently seeking investment in a nuclear project being built by French Energy company EDF as part of its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/11750ee5-c4d9-4753-9a29-70808a1eab02\/the-uk-will-invest-gbp-300-mn-to-produce-nuclear-fuel\" style=\"\" rel=\"noopener\">commitment<\/a> to triple global nuclear capacity by 2050, which the UAE also signed off to during COP28 in December.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The UK government reportedly approached Abu Dhabi investors about funding the development of the Sizewell C nuclear facility in Suffolk, <a target=\"_blank\" href=\"https:\/\/www.thetimes.co.uk\/article\/uae-state-energy-company-china-stake-sizewell-c-q7vk8jbtd\" style=\"\" rel=\"noopener\">The Times<\/a> reported last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER UAE NEWS- <\/strong><strong>EV markets are poised for growth throughout the UAE and Saudi Arabia<\/strong>, Al Futtaim Electric Mobility Director Hasan Nergiz told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/videos\/2024-03-28\/al-futtaim-sees-dynamic-ev-market-video\" style=\"\" rel=\"noopener\">Bloomberg<\/a> in an interview (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/videos\/2024-03-28\/al-futtaim-sees-dynamic-ev-market-video\" style=\"\" rel=\"noopener\">watch, runtime: 06:29<\/a>) on Thursday. Nergiz highlighted the growing consumer sentiment particularly in Saudi Arabia where roughly 80% of customers are willing to consider EVs in their next automobile purchase.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>And <\/strong><strong>Emirates <\/strong><strong>is set to begin SAF flights: <\/strong>UAE\u2019s Emirates began implementing its agreement with <a target=\"_blank\" href=\"https:\/\/www.neste.com\/\" style=\"\" rel=\"noopener\">Neste<\/a> to supply over 2 mn gallons of Sustainable Aviation Fuel (SAF) for its flights departing from Amsterdam Schiphol Airport throughout this year, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/ar\/news\/2024\/march\/27-03\/emirates-adds-saf\" style=\"\" rel=\"noopener\">statement<\/a> published last week. The SAF blend, fully integrated into Amsterdam Schiphol\u2019s refueling system, will comprise 1 mn gallons of pure SAF. Emirates and Neste also plan to introduce SAF at Singapore Changi Airport in the coming months. <\/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 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/166d66e1-b5a6-4253-a0ca-1c5744ed5b98\" style=\"\" rel=\"noopener\">signed an offtake agreement<\/a> with Neste for 3 mn gallons of blended sustainable aviation fuel (SAF) to fuel upcoming flights from Schiphol last October. The Emirates National Oil Company (Enoc) also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1487efb7-19a3-4861-892e-771329a233ba\/uk%25e2%2580%2599s-hycap-sets-up-shop-in-the-uae,-enoc-and-neste-partner-on-saf,-egypt%25e2%2580%2599s-agricultural-sector-will-track-carbon-emissions\" style=\"\" rel=\"noopener\">signed an MoU<\/a> with Neste to explore avenues for the purchase and supply of SAF both in the UAE and the wider MENA region in November.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>#3- <\/strong><strong>Amea <\/strong><strong>advances its 500 MW solar plant in Egypt:<\/strong> UAE's Amea Power has completed a 33\/220kV substation building structure at its 500 MW Abydos solar plant in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/ameapower_ameapower-renewableenergy-sustainability-activity-7178328264514387968-y7cp\/?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a> last week. The solar plant \u2014 which secured funding in December 2022 \u2014 is scheduled to be completed in the middle of this year, and is being constructed under a build-own-operate (BOO) framework. Amea Power secured <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3353d732-aa27-4d6d-95ba-2de58d5edd02\/amea-power-secures-over-usd-1-bn-in-funding-for-egypt%25e2%2580%2599s-renewables-projects\" style=\"\" rel=\"noopener\">USD 500 mn<\/a> in debt and equity funding for the solar plant from the International Finance Corporation (IFC), Dutch development bank FMO and Japan International Cooperation Agency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Progress made at other sites: <\/strong>Amea installed the first wind turbine at its 500 MW Amunet wind project in the Gulf of Suez earlier this month, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/ameapower_ameapower-renewableenergy-sustainability-activity-7173931453964115969-Oxti?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The wind project \u2014 which also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3353d732-aa27-4d6d-95ba-2de58d5edd02\/amea-power-secures-over-usd-1-bn-in-funding-for-egypt%25e2%2580%2599s-renewables-projects\" style=\"\" rel=\"noopener\">received USD 500 mn<\/a> from the Japanese Bank for International Cooperation, the IFC, and three commercial banks at the same time as the Abydos solar plant \u2014 will have 77 wind turbines installed by China\u2019s <a target=\"_blank\" href=\"https:\/\/www.envision-group.com\/en\/windturbines.html\" style=\"\" rel=\"noopener\">Envision Energy<\/a>, with a capacity of 6.5 MW each. The plant was initially sized at 505 MW, and is scheduled to be completed by mid-2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SPEAKING OF TURBINES- <\/strong><strong>Chinese <\/strong><strong>turbine manufacturers expanded dominance in 2023: <\/strong>China's wind turbine manufacturers made up four out of the top five producers in 2023 \u2014 up from last year two spots for Chinese firms, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-27\/china-s-wind-turbine-makers-extend-dominance-as-vestas-ge-slip\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week. <a target=\"_blank\" href=\"https:\/\/www.goldwind.com\/en\/\" style=\"\" rel=\"noopener\">Goldwind Science &amp; Technology<\/a> remains the leader, while <a target=\"_blank\" href=\"https:\/\/www.envision-group.com\/\" style=\"\" rel=\"noopener\">Envision Energy<\/a> has surpassed Denmark's <a target=\"_blank\" href=\"https:\/\/www.vestas.com\/en\" style=\"\" rel=\"noopener\">Vestas Wind Systems<\/a>. The report highlights that while Chinese manufacturers are expanding internationally, they still heavily depend on domestic sales, which account for approximately 98% of their total deployments. The surge is attributed to the country's renewable installation boom, which contrasts with the decline in the US and a modest growth in Europe. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/eu-mercosur-will-the-trade-negotiation-saga-ever-end\/a-68432918\" style=\"\" rel=\"noopener\">proposed<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/eu-mercosur-will-the-trade-negotiation-saga-ever-end\/a-68432918\" style=\"\" rel=\"noopener\">trade agreement<\/a>&nbsp;<\/strong><strong>between the EU and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mercosur.int\/en\/\" style=\"\" rel=\"noopener\">Mercosur<\/a><\/strong><strong> bloc is a \u201cvery bad\u201d <\/strong><strong>one that fails to address crucial environmental concerns<\/strong>, French President Emmanuel Macron <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2024\/mar\/28\/emmanuel-macron-eu-mercosur-trade-pact-bad-deal-climate-commitments\" style=\"\" rel=\"noopener\">said in speech<\/a> while on a three-day trip to Brazil. The agreement lacks of measures for biodiversity and climate change in the negotiations, Macron added, and French farmers have expressed objections to the possibility of allowing agricultural imports that don't adhere to stringent EU standards. The agreement is still under negotiations, with both sides still having time to revise its conditions, Brazil's Finance Minister Fernando Haddad stated. The EU already has a standing <a target=\"_blank\" href=\"https:\/\/policy.trade.ec.europa.eu\/eu-trade-relationships-country-and-region\/countries-and-regions\/mercosur\/eu-mercosur-agreement\/agreement-explained_en\" style=\"\" rel=\"noopener\">trade agreement<\/a> with the Mercosur bloc.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EU NEWS- <\/strong><strong>20 EU n<\/strong><strong>ations led by Austria have requested that Brussels water down or suspend the bloc\u2019s deforestation law<\/strong>, citing concerns that it would harm farmers and disrupt agricultural supply chains, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/eu-members-call-revision-anti-deforestation-law-2024-03-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week. The new legislation \u2014 which <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/44bba0d7-5cd1-4b01-be83-2b2326319694\/today:-veolia-led-consortium-reaches-financial-close-on-uae-hazardous-industrial-waste-treatment-plants\" style=\"\" rel=\"noopener\">bans the import and sale of products<\/a> that come from deforested lands \u2014 was put forth by the European Commission last December. It also applies to European farmers who export products cultivated on deforested or degraded woodlands. <\/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- Big Oil\u2019s green frameworks are still not enough: <\/strong>Low-carbon transition plans published by big oil companies have met only 19% of London-based green investment consultant <a target=\"_blank\" href=\"https:\/\/www.iigcc.org\/\" style=\"\" rel=\"noopener\">IIGCC<\/a> \u2019s criteria for effective strategies as set out by its <a target=\"_blank\" href=\"https:\/\/www.iigcc.org\/resources\/net-zero-standard-for-oil-gas\" style=\"\" rel=\"noopener\">Net Zero Standard for Oil &amp; Gas<\/a> (NZS O&amp;G), according to a new <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2457.pdf\" style=\"\" rel=\"noopener\">Climate Action report (pdf)<\/a>. Climate Action found that plans set out by 10 major oil and gas companies \u2014 including Exxon Mobil, Chevron, Shell and BP \u2014 were insufficient for investors to gauge transition risk accurately. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What is the NZS? <\/strong>The NZS O&amp;G is a framework that was designed to better inform investors by evaluating a company's transition strategy including production plans and methane commitments. It also assesses the level of climate disclosure, its alignment with the <a target=\"_blank\" href=\"https:\/\/www.iea.org\/reports\/global-energy-and-climate-model\/net-zero-emissions-by-2050-scenario-nze\" style=\"\" rel=\"noopener\">IEA's Net Zero Emissions<\/a> scenario, and strategies for diversifying into low-carbon activities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Companies are failing to disclose key info too:<\/strong> Current disclosure transition plans leave out details on elements such as carbon capture or upstream production, making it unclear how their goals will be achieved. European companies generally offer better disclosure, more aligned targets, and greater investment in climate solutions compared to their North American counterparts, which lag in diversifying into low-carbon energy production. North American companies met just 3% of metrics assessing climate solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil <\/strong><strong>and gas isn\u2019t slowing down: <\/strong>Oil and gas development is ramping up and set to quadruple 2023\u2019s extraction by 2030 despite the International Energy Agency\u2019s (IEA) warnings that new fossil fuel projects contradict the 1.5<strong>\u00b0<\/strong>C warming threshold, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2555.pdf\" style=\"\" rel=\"noopener\">Global Energy Monitor report (pdf)<\/a>. Since the IEA\u2019s warnings in 2021, at least 20.3 bn barrels of oil equivalent have been discovered for future drilling. The Americas (with the US on top) account for 40% of new oil and gas project authorizations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong>The market for hydrogen <\/strong><strong>electrolyzers is experiencing a surplus in supply as demand for the green fuel is yet to catch up to its production<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-26\/shakeout-looms-for-makers-of-hydrogen-electrolyzers-bnef-warns\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week. More than 100 companies now sell electrolyzers adding up to a yearly production capacity of 31.7 GW that far outweighs the 4.3 GW of predicted sales, and even more production factories are still in development. The demand for hydrogen has been in a slow rise given that the energy source necessitates installation of different equipment and infrastructure, which is yet to reach commercial prices. As the supply continues to rise faster than demand, a \u201cshakeout\u201d is imminent, the news outlet writes. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday by 9am Cairo \/ 10am Riyadh \/ 11am UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong><a target=\"_blank\" href=\"http:\/\/www.enterprise.news\" style=\"\" rel=\"noopener\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, Enterprise Climate, Enterprise Logistics, and The Weekend Edition on our powerful new website packed with reader-friendly features. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Were you forwarded this email? <strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/climate\/en\/user\/NewsLetters\" style=\"\" rel=\"noopener\">subscription without charge here<\/a><\/strong> or reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/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\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\" 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class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">WIND<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/acwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-wind-farm\/\">\r\n                            Acwa Power inks a PPA with Uzbekistan for a 200 MW 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\/04\/01\/acwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-wind-farm\/\" target=\"_blank\">\n      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           <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Acwa+Power+inks+a+PPA+with+Uzbekistan+for+a+200+MW+wind+farm+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F01%2Facwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-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\/04\/01\/acwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-wind-farm\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/202.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83333\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/acwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-wind-farm\/202-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/202.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"202.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/202.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/202.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83332\" class=\"content-area-description single-story post-83332 post type-post status-publish format-standard has-post-thumbnail hentry category-wind tag-acwa-power tag-enterpriseclimate tag-renewables tag-saudi-arabia 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\/4\/.81e88cd9-5ac0-43b9-930e-91da1801ded7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another Uzbek wind farm for Acwa: <\/strong>Saudi renewables giant Acwa Power signed a SAR 985 mn (c. USD 262.7 mn) power purchase agreement with the National Electric Grid of Uzbekistan (NEGU) for the development of the 200 MW Nukus 2 wind farm along with an accompanying battery energy storage system (BESS) facility, the company said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lVBNT8JAEP0tHjjCTGko1dsqsWKQDwtKezHb7ViatN1muwXx19sPI0HF4GYPO2_fe_NmwIc1-BnfxhHXscx4UtWeb70MmIX9OxtneLe8QQtdx1otbWPUt-D5mGA_OBYupmwx6w8H6Dwh-P_Sozsf4OJ2_mBO8BEdtM7T44nDzujvH1Nm7HJYJbi_dsYTZtrW8DvhlxG_Nfk5Q0P4I-Q9-FEig3bhLAtMOwJf0SspUr1SVfBG67y46mAHd7tdL5IySqgnZNrB3yQbWWhYHzPBpaxZ1_DkPsYGPCsqZKkEwWNEmmWZLDNBKWV6Ehd6xDWHheBiQxPaUjLnEYFbz8fDbVxIVdQs8LpGjRUktFSjfBx-Ifs0kAl49TtXMiyFXu5zagEtK_vPd14Zu_F7VRnYWnElNgdu_T8t04DUKACv2fCrkunBgNfJRZ27FRkvbQJNb9ptzFpeWCnmpGJZZYQ8Xa3WGI-7frA3zZSltnl8d-ziA7XA9es!\/dz\/d5\/L0lHSklna0tDbEVLSUtVUW9ncFJBL29Od1FBRU1JQUFDRUVoZ0NLTTR6bEdDRklVbFF3Z1d0RzBaV2dBISEvNEpDaWpzWXBNaFRqVUUxdTBsc3BxYWEzYVMyTTFMSSEvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvY29tcGFueVN5bWJvbC8yMDgyL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc5MTA2\/\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. A timeline on the project\u2019s targeted launch date was not provided.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> Acwa will build the plant under a build, own, operate, and transfer model under a 25-year contract between the two sides. The project is still in the development stage and its total investment ticket may change when it reaches financial close, according to Acwa Power The financial impact of the project is expected to materialize after the first half of 2026, it added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not Acwa\u2019s first Nukus: <\/strong>The private utility developer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b64b2810-9dca-45ef-9830-a12b5ff3d66e\" style=\"\" rel=\"noopener\">signed financing agreements<\/a> worth USD 120 mn in May for the 100 MW Karatau wind farm, formerly referred to as the Nukus wind project. Under the agreements, NEGU will be the exclusive buyer of electricity generated by the wind farm over a 25-year period. Its commercial operation date has been set at the first quarter of 2025, according to its <a target=\"_blank\" href=\"https:\/\/acwapower.com\/en\/projects\/karatau-wind-ipp\/\" style=\"\" rel=\"noopener\">project profile<\/a>. This comes more than a year after Acwa Power <a target=\"_blank\" href=\"https:\/\/www.acwapower.com\/news\/acwa-power-breaks-ground-on-uzbekistans-first-publicly-tendered-wind-project\/\" style=\"\" rel=\"noopener\">broke ground<\/a> on the project, which was the first renewable energy project governed by Uzbekistan\u2019s new private public partnership (PPP) law.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Acwa has a considerable foothold in the country: <\/strong>Acwa Power has poured <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/838dfecd-8c87-4ca0-bb64-f125e8e5261c\/ksa,%253cmark%253e-uzbekistan-%253c%2Fmark%253eink-agreements-worth-usd-12-bn,-mainly-in-energy\" style=\"\" rel=\"noopener\">some USD 7.5 bn<\/a> into renewable energy projects in Uzbekistan to date. The projects are set to produce some 25 GW of renewable energy by 2030, slashing emissions by 3 mn tons. It signed <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/03\/06\/acwa-power-is-upping-its-renewables-game-in-uzbekistan-98690\/\" style=\"\" rel=\"noopener\">three power purchase agreements<\/a> totaling USD 2.5 bn last year with the National Electric Grid of Uzbekistan and the country\u2019s Investment, Industry, and Trade Ministry for 1.4 GW worth of solar projects and three BESS units totalling a capacity of 1.5 GWh. It also <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/01\/03\/acwa-power-inks-ppa-and-financing-agreements-for-uzbekistan-wind-farm-92623\/\" style=\"\" rel=\"noopener\">signed power purchase and investment agreements<\/a> last year with NEGU for a 1.5 GW wind energy farm \u2014 slated to be Central Asia\u2019s largest. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other regional players are tapping into Uzbekistani renewables:<\/strong> UAE renewables developer Masdar connected four of its solar and wind power farms totalling 1.4 GW to Uzbekistan\u2019s electricity grid <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5ce33905-9b33-40e0-977c-cea9a1d9a0c8\/masdar-connects-1.4-gw-to-uzbekistan%25e2%2580%2599s-grid,-looks-to-expand-there-and-in-georgia\" style=\"\" rel=\"noopener\">in January<\/a>. Masdar will deliver the clean power to Uzbekistan\u2019s power grid from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d562d0c5-675b-4d29-8f17-4e965bc0121b\" style=\"\" rel=\"noopener\">its 500 MW Zarafshan<\/a> wind farm and from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/abef0c63-ad3e-4492-8671-d3bb35764e52\" style=\"\" rel=\"noopener\">three solar projects<\/a> in the Jizzakh, Samarkand, and Sherabad regions of the country with a combined capacity of 900 MW. The renewables firm will develop an additional 2 GW of wind energy projects, as well as expand its storage capacity to 1.15 GWh spread across five existing Masdar projects in the country. The agreement brings Masdar\u2019s total Uzbekistan investments to approximately USD 4 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More to come by the Saudis?<\/strong> Saudi and Uzbekistan signed agreements worth USD 12 bn in November that will see the kingdom invest in everything from energy, agriculture, chemistry and IT to pharma and infrastructure. The announcement was made as officials broke ground on a pilot green hydrogen production project implemented by Acwa Power in the Tashkent region.<\/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\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"83334\" 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=\"83334\">\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\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/chinas-btr-invests-usd-297-mn-ev-battery-production-in-morocco\/\">\r\n                            China\u2019s BTR invests USD 297 mn EV battery production in Morocco                        <\/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\/04\/01\/chinas-btr-invests-usd-297-mn-ev-battery-production-in-morocco\/\" 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 investment is lower than the initial USD 490 mn ticket <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/46483f92-1b91-4435-ab3d-4a807706c895\/egypt%25e2%2580%2599s-gv-investments-%2B-russia%25e2%2580%2599s-concordia-partner-to-establish-an-ev-components-factory-in-egypt\" style=\"\" rel=\"noopener\">reported in December<\/a>. BTR said it plans to invest USD 1.2 bn to establish the new facility <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a1d54e60-53ad-42ec-8abf-529c3cf53183\" style=\"\" rel=\"noopener\">last April<\/a>, with the production earmarked for the US given BTR\u2019s contract to supply components for Tesla. <\/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 factory will be located in Tangier Technopark City and is set to produce an annual capacity of 50k tons. The project is set to be completed in two phases. The first phase will have a capacity of 25k tons per year and is slated for completion in September 2026, according to the news outlet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco\u2019s been working on becoming a regional battery hub: <\/strong>Chinese battery minerals producer Zhejiang Huayou Cobalt was exploring a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/96328bb4-859f-4c0d-844b-e62ebfa90da1\" style=\"\" rel=\"noopener\">USD 20 bn electric vehicle battery plant<\/a> in Morocco in August and Chinese battery giant CNGR teamed up with Morocco-based pan-African investment fund Al Mada in September to build a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f7f71bc5-5be7-4259-8272-c44591cef9ff\" style=\"\" rel=\"noopener\">USD 2 bn industrial base<\/a> for battery parts production and recycling. Global tech giant ABB Group also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/46483f92-1b91-4435-ab3d-4a807706c895\/egypt%25e2%2580%2599s-gv-investments-%2B-russia%25e2%2580%2599s-concordia-partner-to-establish-an-ev-components-factory-in-egypt\" style=\"\" rel=\"noopener\">signed an MoU in December<\/a> with Chinese EV battery manufacturer Gotion High-Tech to help build its EV batteries gigafactory currently under study in Morocco. In January, the kingdom said it had secured USD 700 mn in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/46483f92-1b91-4435-ab3d-4a807706c895\/egypt%25e2%2580%2599s-gv-investments-%2B-russia%25e2%2580%2599s-concordia-partner-to-establish-an-ev-components-factory-in-egypt\" style=\"\" rel=\"noopener\">EV battery cathode investments<\/a> from Chinese companies including the Tanier cathode facility. The investments made so far are enough to meet a quarter of Europe's projected demands.<\/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\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83336 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=\"83336\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/83336\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83336\" class=\"content-area-description single-story post-83336 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=\"83337\" 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=\"83337\">\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\">WASTE TO ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/ewec-tadweer-partner-with-japanese-consortium-on-waste-to-energy-facility\/\">\r\n                            Ewec + Tadweer partner with Japanese consortium on waste-to-energy facility                        <\/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\/04\/01\/ewec-tadweer-partner-with-japanese-consortium-on-waste-to-energy-facility\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" 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src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/13.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83338\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/ewec-tadweer-partner-with-japanese-consortium-on-waste-to-energy-facility\/13-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/13.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"13.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/13.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/13.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83337\" class=\"content-area-description single-story post-83337 post type-post status-publish format-standard has-post-thumbnail hentry category-waste-to-energy tag-enterpriseclimate tag-ewec tag-tadweer tag-uae tag-waste-management tag-waste-to-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\/4\/.fa87756e-9516-4c9f-b4ef-7e5766c5007a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A n<\/strong><strong>ew Abu Dhabi waste-to-energy project: <\/strong>The Emirates Water and Electricity Company (Ewec) and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/23956d8f-bb70-4b57-b2fe-31e886440c13\/iraq-%2B-jordan-sign-new-interconnection-agreement\" style=\"\" rel=\"noopener\">Tadweer Group<\/a> have signed a concession agreement with a Japan-based consortium to develop an Abu Dhabi-based greenfield waste-to-energy (WtE) independent power project, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/energy\/emirates-water-and-electricity-company-and-tadweer-group-partner-with-japanese-consortium-on-worlds-most-advanced-waste-to-energy-facility-in-abu-dhabi\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The investment ticket and a timeline for the launch of the project have not been disclosed.<\/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 project aims to process 900k tonnes of waste annually, slashing carbon emissions by an expected 1.1 mn tonnes per year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who is involved?<\/strong> The consortium includes Japanese conglomerate <a target=\"_blank\" href=\"https:\/\/www.marubeni.com\/en\/\" style=\"\" rel=\"noopener\">Marubeni Corporation<\/a>, cleantech company <a target=\"_blank\" href=\"https:\/\/www.hz-inova.com\/\" style=\"\" rel=\"noopener\">Hitachi Zosen Inova (HZI)<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.join-future.co.jp\/english\/\" style=\"\" rel=\"noopener\">Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE <\/strong><strong>has put a lot of its waste to good use:<\/strong> Dubai Municipality signed an agreement with UAE turbine and aviation fuel supplier Enoc Marketing, Belgium\u2019s Besix, and Japan's Marubeni Middle East and Africa Power to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b1c19697-3f23-4e8a-82f4-2770e4127785\/dubai-municipality-inks-mou-to-produce-saf-through-waste\" style=\"\" rel=\"noopener\">produce sustainable aviation fuel (SAF)<\/a> from solid municipal waste, organic waste, and green hydrogen from sewage treatment back in February. Tadweer Group is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/60591e41-f14e-4247-863d-d56d497127a7\/masdar-and-enec-continue-to-dominate-cop28-%2B-tadweer-inks-agreements-for-green-construction-and-saf\" style=\"\" rel=\"noopener\">partnering<\/a> with Masdar City, the UAE Energy and Infrastructure Ministry, and GIGA Graphene Technologies to develop Graphene Innovations Manchester\u2019s (GIM) concrete in the UAE, and the UAE's first battery recycling plant Dubatt has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/026bdc6a-1d14-4e59-8b2f-d5f9559b6208\/uae-gets-its-first-battery-recycling-plant\" style=\"\" rel=\"noopener\">inaugurated in Dubai Industrial City<\/a> in February. <\/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\/ewec\/\">Ewec<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tadweer\/\">Tadweer<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-management\/\">waste management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-to-energy\/\">WASTE TO 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=\"83339\" 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=\"83339\">\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\">RECYCLING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/uaes-green-metal-to-build-a-steel-recycling-plant-in-kezad\/\">\r\n                            UAE\u2019s Green Metal to build a steel recycling plant in Kezad                        <\/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\/04\/01\/uaes-green-metal-to-build-a-steel-recycling-plant-in-kezad\/\" 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\/04\/01\/uaes-green-metal-to-build-a-steel-recycling-plant-in-kezad\/')\">\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\/04\/01\/uaes-green-metal-to-build-a-steel-recycling-plant-in-kezad\/\">\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 Green Metal to build a steel recycling plant in Kezad&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/uaes-green-metal-to-build-a-steel-recycling-plant-in-kezad\/\">\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\/04\/01\/uaes-green-metal-to-build-a-steel-recycling-plant-in-kezad\/&title=UAE\u2019s Green Metal to build a steel recycling plant in Kezad\">\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+Green+Metal+to+build+a+steel+recycling+plant+in+Kezad+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F01%2Fuaes-green-metal-to-build-a-steel-recycling-plant-in-kezad%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\/04\/01\/uaes-green-metal-to-build-a-steel-recycling-plant-in-kezad\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2692.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83340\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/uaes-green-metal-to-build-a-steel-recycling-plant-in-kezad\/2692-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2692.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2692.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2692.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2692.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83339\" class=\"content-area-description single-story post-83339 post type-post status-publish format-standard has-post-thumbnail hentry category-recycling tag-enterpriseclimate tag-green-steel 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\/4\/.86a26f35-7502-4086-b503-ad55fd273438.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kezad gets a USD 100 mn steel recycling plant: <\/strong>UAE-based Green Metal Industries has earmarked AED 367 mn (USD 100 mn) to set up a steel recycling and manufacturing plant located in AD Ports\u2019 Khalifa Economic Zones Abu Dhabi (Kezad), according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/03\/27\/green-metal-industries-to-set-up-steel-recycling-and-production-facility-in-kezad\" style=\"\" rel=\"noopener\">statement<\/a> released last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the facility: <\/strong>Located in the Kezad industrial area, Kezad Al Ma\u2019mourah, the plant will span some 116k sqm and is set to commence commercial operations in 1Q 2025. The plant will locally source scrap metal and convert it into high-quality steel materials, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it works: <\/strong>To convert metal scrap into diverse industrial applications \u2014 including construction and infrastructure \u2014 Green Metal will use recycling technologies such as meltshop, multi-product continuous casting, and a rolling mill. The company will also use different refining methods such as <a target=\"_blank\" href=\"https:\/\/www.metaltek.com\/metal-casting\/aod\/#:~:text=Argon%20Oxygen%20Decarburization%20(AOD)%20is,low%20silicon%20and%20sulfur%20levels.\" style=\"\" rel=\"noopener\">argon oxygen decarburization (AOD)<\/a>, <a target=\"_blank\" href=\"https:\/\/blog.inoxmare.com\/eng\/2016\/12\/01\/stainless-steel-production-aod-and-vod\/\" style=\"\" rel=\"noopener\">vacuum oxygen decarburization (VOD)<\/a> and <a target=\"_blank\" href=\"https:\/\/tenova.com\/technologies\/vacuum-degasser-vdvtdvod#:~:text=Vacuum%20Degasser%20(VD)%20allows%20to,to%20the%20specific%20layout%20needs.\" style=\"\" rel=\"noopener\">vacuum degasser (VD)<\/a>. The plant will produce Austenitic, Ferritic, Duplexand Martensitic grades of stainless steel, alongside low and high alloy steel grades. <\/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\/green-steel\/\">GREEN STEEL<\/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=\"83341\" 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=\"83341\">\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\">GREEN FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/saudi-arabia-releases-its-green-finance-framework\/\">\r\n                            Saudi Arabia releases its green finance framework                        <\/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\/04\/01\/saudi-arabia-releases-its-green-finance-framework\/\" 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\/04\/01\/saudi-arabia-releases-its-green-finance-framework\/')\">\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\/04\/01\/saudi-arabia-releases-its-green-finance-framework\/\">\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 Arabia releases its green finance framework&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/saudi-arabia-releases-its-green-finance-framework\/\">\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\/04\/01\/saudi-arabia-releases-its-green-finance-framework\/&title=Saudi Arabia releases its green finance framework\">\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+Arabia+releases+its+green+finance+framework+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F01%2Fsaudi-arabia-releases-its-green-finance-framework%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\/04\/01\/saudi-arabia-releases-its-green-finance-framework\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2927.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83342\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/saudi-arabia-releases-its-green-finance-framework\/2927-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2927.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2927.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2927.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2927.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83341\" class=\"content-area-description single-story post-83341 post type-post status-publish format-standard has-post-thumbnail hentry category-green-finance tag-enterpriseclimate tag-green-finance 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\/4\/.48b07e70-7bc0-4591-ac46-83f68c7aa4f5.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Saudi <\/strong><strong>Arabia released its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2591.pdf\" style=\"\" rel=\"noopener\">green financing framework (pdf)<\/a><\/strong><strong>on Thursday, identifying eight types of green projects to be funded through the sale of the bonds. <\/strong>The framework targets projects focused on renewable energy, energy efficiency, carbon capture and storage, green hydrogen, cutting emissions, sustainable water and wastewater management and climate adaptation measures.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it works: <\/strong>Issuances will be made through the Finance Ministry, with net proceeds allocated for eligible budgetary programs in the general budget within two budget years following the green bond or sukuk issuance. Total spending for budgetary programs will be of an equal amount or exceed that of the bond proceeds, and an annual allocation report will be published within one year of any green bond or sukuk issuance to review the deployment of funds and environmental impact indicators.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Two committees to oversee the framework: <\/strong>The Finance Ministry will chair the Sustainable Financing Committee, which will oversee the framework and list of eligible projects. The National Debt Management Center (NDMC) will lead on the marketing of projects to fixed-income investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The potential issuances are separate from the Public Investment Fund (PIF) venture into green financing. The sovereign fund closed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f45e4349-7d89-40de-8774-5f5b07902e56\/pif-goes-big-on-green%253cmark%253e-bond-%253c%2Fmark%253eissuance-once-again\" style=\"\" rel=\"noopener\">two green bond offerings<\/a> totaling USD 8.5 bn between 2022 and 2023. The push for sustainable bonds comes under <a target=\"_blank\" href=\"https:\/\/www.greeninitiatives.gov.sa\/about-sgi\/sgi-targets\/reduce-carbon-emissions\" style=\"\" rel=\"noopener\">Saudi\u2019s<\/a><a target=\"_blank\" href=\"https:\/\/www.greeninitiatives.gov.sa\/about-sgi\/sgi-targets\/reduce-carbon-emissions\" style=\"\" rel=\"noopener\">plan<\/a> to slash emissions by 278 mn tons per year by 2030 and reach net zero by 2060.<\/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\/green-finance\/\">green finance<\/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=\"83343\" 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=\"83343\">\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\">GREEN FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/ebrd-publishes-new-country-strategy-to-support-moroccos-green-transition\/\">\r\n                            EBRD publishes new country strategy to support Morocco\u2019s green transition                        <\/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\/04\/01\/ebrd-publishes-new-country-strategy-to-support-moroccos-green-transition\/\" 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\/04\/01\/ebrd-publishes-new-country-strategy-to-support-moroccos-green-transition\/')\">\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\/04\/01\/ebrd-publishes-new-country-strategy-to-support-moroccos-green-transition\/\">\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=EBRD publishes new country strategy to support Morocco\u2019s green transition&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/ebrd-publishes-new-country-strategy-to-support-moroccos-green-transition\/\">\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\/04\/01\/ebrd-publishes-new-country-strategy-to-support-moroccos-green-transition\/&title=EBRD publishes new country strategy to support Morocco\u2019s green transition\">\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=EBRD+publishes+new+country+strategy+to+support+Morocco%E2%80%99s+green+transition+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F01%2Febrd-publishes-new-country-strategy-to-support-moroccos-green-transition%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\/04\/01\/ebrd-publishes-new-country-strategy-to-support-moroccos-green-transition\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1726.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83344\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/ebrd-publishes-new-country-strategy-to-support-moroccos-green-transition\/1726-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1726.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1726.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1726.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1726.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83343\" class=\"content-area-description single-story post-83343 post type-post status-publish format-standard has-post-thumbnail hentry category-green-finance tag-decarbonization tag-ebrd tag-energy-transition tag-enterpriseclimate tag-green-finance tag-morocco tag-water-scarcity 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\/.8cb0425a-ffc2-4fb2-9e49-8c1471040bab.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The European Bank for Reconstruction and Development (EBRD) approved a three-part <\/strong><strong>2024-2029 <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2553.pdf\" style=\"\" rel=\"noopener\">country strategy (pdf)<\/a><\/strong><strong> for Morocco<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/news\/2024\/ebrd-approves-new-country-strategy-for-morocco.html#\" style=\"\" rel=\"noopener\">statement<\/a> published last week. The strategy sets a goal to increase the kingdom\u2019s renewable energy capacity, improve water conservation, and expand decarbonization initiatives through energy efficiency and climate resilience. The size of the bank\u2019s upcoming investments have not been disclosed, but the last strategy period saw EBRD invest over USD 1.7 bn into the country\u2019s green transition efforts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How they\u2019ll do it<\/strong><strong>:<font face=\"Arial\">&nbsp;<\/font><\/strong>The goal of diversifying the country\u2019s energy mix to reduce emissions will be achieved through providing funding for private renewables projects as well as state-owned firms and distribution companies to further expand the grid \u2014 an essential requirement to adding more renewables capacity. Funding will also be granted to encourage policy engagement aimed at opening up the private sector, supporting new green technologies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To improve water security and conservation<\/strong>, EBRD will support the government in improving accessibility, invest in renewable powered desalination plants, and finance water infrastructure projects. With regards to the goal of pushing decarbonization and climate resilience, the bank will look for policy and client support, make green and circular economy investments, and promote the use of alternative fuels in the transport sector. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I<\/strong><strong>nternational partners could cooperate with EBRD:<\/strong> Several international banks have cooperated with EBRD in the last nine years to provide financial support for Morocco\u2019s green sector including the World Bank, the EU, African Development Bank, KfW Development Bank, European Investment Bank, and the French Development Agency. Some of the investments were made under the Team Europe Initiatives \u2014 projects in which the EU and European financial institutions use their resources and expertise to further development. <\/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\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/energy-transition\/\">energy transition<\/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\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/water-scarcity\/\">water scarcity<\/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=\"83345\" 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=\"83345\">\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\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/algeria-to-partner-with-russia-on-nuclear-energy\/\">\r\n                            Algeria to partner with Russia on nuclear energy                        <\/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\/04\/01\/algeria-to-partner-with-russia-on-nuclear-energy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The two nations will cooperate on initiatives in the healthcare sector such as radiotherapy, research reactors, nuclear pharmaceutical preparations, and scientific and technical personnel training. The agreement also focuses on the development and use of other nuclear technologies. <\/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> Russia\u2019s nuclear power company Rosatom <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f32cf6e4-11cc-47c8-ae15-88b8f65d72ad\/jordan-is-exploring-waste-management-and-geothermal-energy-opportunities-%2B-other-nuclear,-mining,-and-ev-cargo-news-from-algeria-and-the-uae\" style=\"\" rel=\"noopener\">sent a delegation<\/a> to Algeria to discuss collaboration between Russia and the Atomic Energy Commission on nuclear power and its energy applications in March. <\/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\/algeria\/\">Algeria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nuclear-energy\/\">Nuclear 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=\"83347\" 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=\"83347\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/etihad-rail-and-beeah-partner-on-waste-management-morocco-and-um6p-join-forces-to-boost-green-innovation\/\">\r\n                            Etihad Rail and Bee\u2019ah partner on waste management + Morocco and UM6P join forces to boost green innovation                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li 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src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2690.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83348\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/etihad-rail-and-beeah-partner-on-waste-management-morocco-and-um6p-join-forces-to-boost-green-innovation\/2690-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2690.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2690.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2690.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2690.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83347\" class=\"content-area-description single-story post-83347 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-algeria tag-also-on-our-radar tag-beeah tag-enterpriseclimate tag-morocco tag-nuclear-energy tag-turkey tag-uae tag-waste-management 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\/.c4f77386-08f0-4090-9009-1c150c13c74d.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">WASTE MANAGEMENT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Etihad Rail + <\/strong><strong>Bee\u2019ah<\/strong><strong> ink waste management agreement: <\/strong>Etihad Rail and Bee\u2019ah subsidiary Bee\u2019ah Tandeef have agreed to cooperate on managing Etihad Rail\u2019s waste, according to a <a target=\"_blank\" href=\"https:\/\/www.etihadrail.ae\/post\/etihad-rail-signs-agreement-for-waste-management-services-with-beeah-group\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Bee\u2019ah will set a framework for waste treatment \u2014 including collection, transportation, disposal, and recycling \u2014 and together the pair will work on reducing energy consumption and curbing emissions from landfills. After recycling some of the waste, Bee\u2019ah will convert it into fertilizer for local agricultural use. The contract will target selected sites at first, including Al Mirfa Depot, Muzaira\u2019a, Al Mirfa Viewpoint, Riviera Mirfa Residence, Al Faya, and freight stations in Ruwais, Al Ghuwaifat, Industrial City in Abu Dhabi (ICAD), and Dubai Industrial City.<\/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 TECH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moroccan Energy Ministry + UM6P team up to enhance green innovation: <\/strong>Morocco\u2019s Ministry of Energy Transition and Sustainable Development has inked an agreement with Mohammed VI Polytechnic University (UM6P) to boost cooperation between the government and academia to work towards a more eco-friendly and inclusive economy, <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/03\/361653\/um6p-energy-ministry-partner-to-boost-green-innovation\" style=\"\" rel=\"noopener\">Morocco World News<\/a> reported on Thursday. The partnership aims to boost cooperation between higher education, research, green entrepreneurship, and public policies, with a focus on international initiatives like the <a target=\"_blank\" href=\"https:\/\/www.unido.org\/south-south-cooperation\" style=\"\" rel=\"noopener\">South-South Cooperation Program<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UM6P is also supporting the mining sector: <\/strong>UM6P is also partnering with the Central Purchasing and Development Agency of the Tafilalet and Figuig Mining Region (CADETAF) to support research and innovation for mining value chains and to establish a national center of excellence to support mining startups, according to Morocco World News. UM6P's research will be utilized at the regional level by CADETAF. <\/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\">AGRICULTURE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Badia Farms teams up with Bahraini Edamah to invest in Bahrain\u2019s sustainable <\/strong><strong>agriculture sector: <\/strong>Dubai-based urban vertical farming company <a target=\"_blank\" href=\"https:\/\/www.badiafarms.com\/\" style=\"\" rel=\"noopener\">Badia Farms<\/a> signed a partnership with the <a target=\"_blank\" href=\"https:\/\/www.edamah.com\/\" style=\"\" rel=\"noopener\">Bahrain Real Estate Investment Company<\/a> (Edamah), the real estate arm of Bahraini sovereign wealth fund Mumtalakat, to invest \u201cseveral mn USD\u201d to establish a sustainable farm in Bahrain, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/edamah_aenaexaepaetaer-aepaesaeqaefaepaehabraepaesaehaeqaepaezaey-activity-7178035406720909316-qjzc?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Under the agreement, Badia will lease a 50k sqm plot of land in the Bahraini village of Hamala from Edamah. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The project will see Badia use advanced hydroponic farming methods, water recycling and solar power to maintain year-round crop production, according to a separate <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/edamah-and-badia-farms-partner-on-innovative-new-agricultural-project-in-bahrain-f202t98i\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\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>World\u2019s first airshade system lands in Abu Dhabi:<\/strong> Dutch startup Airshade Technologies has wrapped an eight-month testing period for the world\u2019s first air-operated shade system at the UAE\u2019s Masdar City solar power plant, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/ar\/article\/b2ddor2-%D9%85%D8%AF%D9%8A%D9%86%D8%A9-%D9%85%D8%B5%D8%AF%D8%B1-%D8%AA%D8%AE%D8%AA%D8%A8%D8%B1-%D8%A3%D9%88%D9%84-%D9%86%D8%B8%D8%A7%D9%85-%D8%AA%D8%B8%D9%84%D9%8A%D9%84-%D9%8A%D8%B9%D9%85%D9%84-%D8%A8%D8%A7%D9%84%D9%87%D9%88%D8%A7%D8%A1\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. The prototype relies on air pressure changes to open and close \u2014 as opposed to sensors, motors, or electricity \u2014 and mimics tree branches\u2019 movements in the sun. The emirate plans to employ the technology to provide shade in large community spaces without electricity and improve buildings\u2019 energy efficiency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey\u2019s Asunim to develop 40 MW solar project: <\/strong>Solar EPC company <a target=\"_blank\" href=\"https:\/\/www.asunim.co\/\" style=\"\" rel=\"noopener\">Asunim<\/a> has inked an agreement with Derbent Enerji \u2014 a subsidiary of Turkey's <a target=\"_blank\" href=\"https:\/\/www.akfen.com.tr\/en\/investments\/renewable-energy\/\" style=\"\" rel=\"noopener\">Akfen Renewable Energy<\/a> \u2014 for the development of a 40 MW hybrid solar power project in Turkey, according to a <a target=\"_blank\" href=\"https:\/\/www.asunim.com.tr\/asunim-inks-a-40mwp-solar-hybrid-project-for-one-of-akfen-renewables-wind-farms-in-turkey\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The project will support Afken\u2019s \u00dc\u00e7p\u0131nar Wind Power Plant and aims to integrate solar power with the existing wind power infrastructure. Installation is expected to be completed within five months across 13 subareas with operations and maintenance to be handled by Asunim Group\u2019s Maxima Enerji.<\/p>\n<p class=\"tag-border-left\">DECARBONIZATION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE pledges to decarbonize buildings sector: <\/strong>The UAE will join the <a target=\"_blank\" href=\"https:\/\/globalabc.org\/our-work\/fostering-collaboration\" style=\"\" rel=\"noopener\">Buildings<\/a><a target=\"_blank\" href=\"https:\/\/globalabc.org\/our-work\/fostering-collaboration\" style=\"\" rel=\"noopener\">Breakthrough<\/a> effort to achieve near zero emissions and resilient buildings by 2030, the country announced at the Buildings and Climate Global Forum, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b2csgtz-uae-joins-global-push-for-near-zero-emission\" style=\"\" rel=\"noopener\">Wam<\/a> reported last week. The push for sustainable architecture in the UAE and the GCC has been growing as a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5b51041d-3db7-4443-a315-9fd48bd64be0\/is-uae%25e2%2580%2599s-sustainable-construction-sector-showing-signs-of-slowing%3F\" style=\"\" rel=\"noopener\">key strategy to decrease energy consumption<\/a> considering home cooling\u2019s 70% contribution. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What is <\/strong><strong>Buildings<\/strong><strong> Breakthrough? <\/strong>The Buildings Breakthrough agenda \u2014 backed by 28 governments and the EU \u2014 is a cooperative framework to achieve decarbonization in the buildings sector. The terms apply to new buildings and deep renovation, and push for high energy-efficient buildings that account for low GHG energy sources and materials. <\/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>World Bank fund extends finance to help Egypt tackle air pollution: <\/strong>The World Bank\u2019s <a target=\"_blank\" href=\"https:\/\/www.thegef.org\/\" style=\"\" rel=\"noopener\">Global Environment Facility<\/a> is extending USD 9 mn to support Egypt's Greater Cairo Air Pollution Management and Climate Change Project in its sixth phase. Egypt was expecting to receive the funds <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52e43284-73d9-4351-b895-5846cc55b55d\/egypt-secures-a%253cmark%253e-usd-9.13-mn-%253c%2Fmark%253egrant-from-the-world-bank-for-waste-management\" style=\"\" rel=\"noopener\">from the World Bank<\/a> earlier this month to tackle waste management in healthcare and e-waste in a bid to reduce the release of Unintentional Persistent Organic Pollutants (UPOPs). (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/photo?fbid=903393475164407&set=a.144073987763030\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Jordan secures USD 19 mn for sewage treatment plant: <\/strong>The European Bank for Reconstruction and Development (EBRD) has approved a USD 19 mn loan to finance the construction of a sewage treatment plant in West Irbid, Jordan. The project \u2014 which is also being funded by the UK\u2019s High Impact Partnership on Climate Action and the EU\u2019s Neighbourhood Investment Platform \u2014 aims to provide sewage networks for cities in the area and replace sewage cisterns with a treatment plant. (<a target=\"_blank\" href=\"https:\/\/bit.ly\/4adaBQb\" style=\"\" rel=\"noopener\">Al Mamlaka<\/a>)<\/li>\n<li><strong>APM Terminals Bahrain to launch USD 10 mn solar project: <\/strong><a target=\"_blank\" href=\"https:\/\/www.apmterminals.com\/en\/bahrain\" style=\"\" rel=\"noopener\">APM Terminals<\/a><a target=\"_blank\" href=\"https:\/\/www.apmterminals.com\/en\/bahrain\" style=\"\" rel=\"noopener\">Bahrain<\/a>, the operator of Bahrain\u2019s Khalifa bin Salman Port, is set to establish a USD 10 mn solar energy project in the port to increase its reliance on clean energy and reduce carbon emissions by 65%. The solar panels will be located on warehouse rooftops covering an area of 71k square meters. (<a target=\"_blank\" href=\"https:\/\/bit.ly\/4adxPpb\" style=\"\" rel=\"noopener\">Mubasher<\/a>) <\/li>\n<li><strong>GAFI <\/strong><strong>grants license for waste recycling plant: <\/strong>Egypt\u2019s General Authority for Investment and Freezones (GAFI) awarded a golden license to waste treatment firm <a target=\"_blank\" href=\"https:\/\/enviroprocess.com\/en\" style=\"\" rel=\"noopener\">EnviroProcess<\/a> for an alternative fuel and waste to fiber plant. The project is valued at EGP 74 mn and will be located in the industrial zone in Wadi Al-Sareya in Minya. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/GAFIEG\/posts\/pfbid02kbS4ELx8drCYF63SGLPi1bhHTNo6awHVxDRpcaLLZHYUn9bqQN6GRNaJUMGTCr6El\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>EBRD to inject EUR 3.9 mn into Tunisia\u2019s Qair Solar Project A: <\/strong>The European Bank for Reconstruction and Development (EBRD) has approved a EUR 3.9 mn package to finance renewable energy company <a target=\"_blank\" href=\"https:\/\/www.qair.energy\/\" style=\"\" rel=\"noopener\">Qair\u2019s<\/a> 10 MW solar photovoltaic (PV) power plant in Tunisia. Qair will be the majority shareholder of Project A, with participation from Tunisia\u2019s Mazarine Energy BV. (<a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/work-with-us\/projects\/psd\/55026.html\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Oman taps Arctech for 500 MW Manah I solar project trackers: <\/strong>China\u2019s Arctech signed an agreement on Friday to provide its SkyLine II solar tracking solutions for Oman\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13e04bb2-8f33-4830-a313-ef533ce04fba\" style=\"\" rel=\"noopener\">500 MW Manah I solar project<\/a>. (<a target=\"_blank\" href=\"https:\/\/www.arctechsolar.us\/xiangmu\/377.html\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/algeria\/\">Algeria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/beeah\/\">Bee\u2019ah<\/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\/nuclear-energy\/\">Nuclear Energy<\/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\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-management\/\">waste management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83349\" 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=\"83349\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/01\/companies-push-back-against-environmental-requirements-for-hydrogen-tax-credits\/\">\r\n                            Companies push back against environmental requirements for hydrogen tax credits                        <\/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\/04\/01\/companies-push-back-against-environmental-requirements-for-hydrogen-tax-credits\/\" 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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Companies fear the current proposal \u2014 which requires proving the use of clean electricity from the same region and around the same time as hydrogen production \u2014 could impede the industry's growth. The tax credit, known as the Clean Hydrogen Production or 45V credit, offers a 10-year incentive of up to USD 3 per kg for clean hydrogen production.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some companies are looking for exemptions:<\/strong> Australian green energy firm <a target=\"_blank\" href=\"https:\/\/fortescue.com\/\" style=\"\" rel=\"noopener\">Fortescue<\/a> argued that the requirements would hinder its project in the Pacific Northwest, which would be disqualified from the tax credit because of plans to use a mix of surplus hydropower and renewables, Reuters writes. Industry groups like the <a target=\"_blank\" href=\"https:\/\/www.fchea.org\/\" style=\"\" rel=\"noopener\">Fuel Cell and Hydrogen Energy Association<\/a> are seeking exemptions for projects launched before the guidance is finalized.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Others are in favor of the tight regulations: <\/strong>\"Weak section 45V rules would undermine both the achievement of the Biden Administration\u2019s climate goals and the credibility of the hydrogen industry,\" US-based Hy Stor COO Claire Behar told Reuters.<\/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>Schlumberger acquires majority stake in Norway\u2019s Aker Carbon Capture:<font face=\"Arial\">&nbsp;<\/font><\/strong>Energy multinational Schlumberger (SLB) inked an agreement to purchase an 80% stake in Aker Carbon Capture in order to merge its business and accelerate large-scale industrial decarbonization efforts, according to a <a target=\"_blank\" href=\"https:\/\/www.slb.com\/news-and-insights\/newsroom\/press-release\/2024\/slb-announces-agreement-to-acquire-majority-ownership-in-aker-carbon-capture\" style=\"\" rel=\"noopener\">statement<\/a> published last week. SLB will pay NOK 4.12 bn (USD 400 mn) with potential additional payments up to NOK 1.36 bn over the next three years. Regulatory approvals are pending, and the transaction is expected to close by the end of 2Q 2024. Aker Carbon Capture <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/32005262-97cd-45b2-8514-226b7637b32b\" style=\"\" rel=\"noopener\">signed a MoU with Saudi Arabia\u2019s oil giant Aramco<\/a> to explore partnership opportunities to employ carbon capture, utilization and storage in the kingdom last July. <\/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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/carbon-storage\/\">CARBON STORAGE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/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=\"83351\" 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\/04\/01\/83351\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83351\" class=\"content-area-description single-story post-83351 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;\">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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/central-asias-largest-wind-farm-brought-to-you-by-masdar-79878\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/30\/could-fdi-help-egypts-solar-industry-traverse-the-fx-crisis-79599\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/uae-may-be-getting-more-evs-79880\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/qatar-to-build-usd-1-bn-blue-ammonia-plant-79877\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/will-we-soon-see-a-carbon-offset-tax-in-egypt-79885\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/30\/goodbye-single-ac-units-mena-wont-be-needing-your-services-anymore-79605\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/today-welcome-to-enterprise-climate-the-essential-daily-covering-climate-change-in-the-middle-east-and-africa-business-finance-investment-79432\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/enterprise-climate-sits-down-with-mariam-almheiri-the-uaes-climate-change-and-environment-minister-79434\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/07\/project-update-tunisia-speaks-to-afdb-ifc-for-solar-plant-financing-80546\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/30\/today-cloud-wars-afreximbank-gets-love-from-nexi-also-indias-reliance-wants-to-build-20-gw-of-renewables-79598\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/31\/moroccos-usd-18-bn-renewables-export-hub-79733\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/qatar-to-build-usd-1-bn-blue-ammonia-plant-79877\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/today-welcome-to-enterprise-climate-the-essential-daily-covering-climate-change-in-the-middle-east-and-africa-business-finance-investment-79432\/\" style=\"\">achieve its net-zero<\/a><\/span><span style=\"font-weight:400;\"> 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>Acwa nabs another wind farm in Uzbekistan | Morocco nets more EV battery production investments | A new WtE facility in UAE<\/p>\n","protected":false},"featured_media":83328,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-83327","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a668f287-e2b0-4b2f-8805-7d7f386689a8","teaser":"Acwa nabs another wind farm in Uzbekistan | Morocco nets more EV battery production investments | A new WtE facility in UAE","photo_url":"https:\/\/ent.news\/2024\/1\/1262.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Acwa Power inks a PPA with Uzbekistan for a 200 MW wind farm - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-wind-farm\/\" 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