{"id":83589,"date":"2024-04-17T00:00:00","date_gmt":"2024-04-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=83589"},"modified":"2025-12-15T10:39:30","modified_gmt":"2025-12-15T10:39:30","slug":"acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/","title":{"rendered":"Acwa Power secures USD 80 mn loan for solar project in Uzbekistan"},"content":{"rendered":"<section id=\"83591\" 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=\"83591\">\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\/17\/today-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy\/\">\r\n                            TODAY: Acwa secures more financing for Uzbek solar + UAE\u2019s Taqa might takeover Spain\u2019s Naturgy                        <\/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\/17\/today-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy\/\" 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\/17\/today-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy\/')\">\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\/17\/today-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy\/\">\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=TODAY: Acwa secures more financing for Uzbek solar + UAE\u2019s Taqa might takeover Spain\u2019s Naturgy&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/today-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy\/\">\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\/17\/today-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy\/&title=TODAY: Acwa secures more financing for Uzbek solar + UAE\u2019s Taqa might takeover Spain\u2019s Naturgy\">\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=TODAY%3A+Acwa+secures+more+financing+for+Uzbek+solar+%2B+UAE%E2%80%99s+Taqa+might+takeover+Spain%E2%80%99s+Naturgy+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F17%2Ftoday-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy%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\/17\/today-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1140.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83592\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/today-acwa-secures-more-financing-for-uzbek-solar-uaes-taqa-might-takeover-spains-naturgy\/1140-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1140.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1140.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1140.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1140.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83591\" class=\"content-area-description single-story post-83591 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-egypt tag-renewables tag-saudi-arabia tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.f322c5c4-6e59-40ee-8c0f-d32fb5ebadfa.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents. <\/strong>The news cycle has picked up as we near the end of the week and we have a bit of everything this morning, starting with a filmed status report of UAE\u2019s cloud seeding operations\u2026<\/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=\"wwtt2\"><\/a>#1- UAE\u2019s cloud seeding seems to be working a little too well:<\/strong> Flooding, damage, and power outages were reported across the Emirates due to the heaviest rainfall the country has seen <a target=\"_blank\" href=\"https:\/\/twitter.com\/UAEmediaoffice\/status\/1780326720588906951\" style=\"\" rel=\"noopener\">in 75 years<\/a>, with a year\u2019s worth of rain falling over the country in a single day. Several <a target=\"_blank\" href=\"https:\/\/twitter.com\/chatwithcharles\/status\/1780220904120697216\" style=\"\" rel=\"noopener\">reports on X<\/a> have also shown flooding and other instances of property damage from the torrential rain \u2014 including one viral video of patio furniture flying out of a building (<a target=\"_blank\" href=\"https:\/\/twitter.com\/Iam_njd\/status\/1780270396756959532\" style=\"\" rel=\"noopener\">watch, runtime: 0:05<\/a>) and intense flooding and damage inside <a target=\"_blank\" href=\"https:\/\/twitter.com\/chatwithcharles\/status\/1780221269721391502\" style=\"\" rel=\"noopener\">Mall of the Emirates<\/a> and a <a target=\"_blank\" href=\"https:\/\/twitter.com\/chatwithcharles\/status\/1780221273672413610\" style=\"\" rel=\"noopener\">conference in festival city<\/a>. Plenty of photos and videos also showed severe road damage, including a road in Al Ain that collapsed due to the rain (<a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/news\/uae\/2024\/04\/16\/road-in-al-ain-collapses-as-rain-and-hail-lash-uae\/\" style=\"\" rel=\"noopener\">watch, runtime: 0:44<\/a>). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai International Airport had to suspend operations for 25 minutes yesterday <\/strong>after flooding affected runways (<a target=\"_blank\" href=\"https:\/\/twitter.com\/chatwithcharles\/status\/1780220904120697216\" style=\"\" rel=\"noopener\">see: another viral video<\/a>). Over 50 flights were canceled yesterday, with all inbound travel diverted until weather conditions improve, according to <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/live-news\/20240416-heavy-storms-soak-gulf-as-oman-toll-rises-to-18\" style=\"\" rel=\"noopener\">France24<\/a>. The National Meteorological Office issued a red alert and warned of \u201chazardous weather events of exceptional severity,\u201d on <a target=\"_blank\" href=\"https:\/\/twitter.com\/ncmuae\/status\/1780246868468850779\" style=\"\" rel=\"noopener\">X yesterday<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is cloud seeding to blame?&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-16\/dubai-grinds-to-standstill-as-cloud-seeding-worsens-flooding\" style=\"\" rel=\"noopener\">Bloomberg<\/a> also has coverage of the impact of the storm, noting that it is linked in part to recent cloud seeding operations, with seeding planes sent from Al Ain airport to exploit convective cloud formations. Seeding planes flew seven missions over the past two days, special meteorologist Ahmed Habib told the business information service.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong>The UAE was planning to run <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2ba495c1-7720-413e-9b22-85c3474d45ae\/dubai%25e2%2580%2599s-rta-signs-two-agreements-for-green-mobility-%2B-green-finance-news-from-egypt\" style=\"\" rel=\"noopener\">300 cloud seeding missions in 2024<\/a> to address water scarcity and boost rainfall. The UAE is testing several methods for the seeding process including using <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/topics\/agricultural-and-biological-sciences\/unmanned-aerial-vehicle\" style=\"\" rel=\"noopener\">Unmanned Aerial Vehicles<\/a> for atmospheric charge dispersal and cloud measurement, coupled with AI trained on data from weather models.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong><a target=\"_blank\" href=\"https:\/\/www.dri.edu\/cloud-seeding-program\/what-is-cloud-seeding\/\" style=\"\" rel=\"noopener\">Cloud seeding<\/a> is infusing clouds with substances that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/63654892-4e1b-4dc3-a6a2-8f1e5b3bf9f0\" style=\"\" rel=\"noopener\">help water molecules stick together<\/a> (like silver iodide) either by spraying it from a plane or shooting it up from the ground. The process can increase precipitation by 15% in turbid atmospheres.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER UAE NEWS -&nbsp;<\/strong><strong>The UAE and UK have <\/strong><strong>plenty of space to cooperate on battery technology, AI, and nuclear energy<\/strong>, former British Prime Minister Boris Johnson said during his speech at Masdar\u2019s Green Hydrogen Summit, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2024\/04\/16\/boris-johnson-uae-ai-nuclear\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. \u201cInnovation requires countries like the UAE and the UK to work ever more closely together,\u201d Johnson is quoted as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two countries can also cooperate on small modular reactors (SMRs)<\/strong>, \u201clike the type made by Rolls-Royce.\u201d SMRs offer one third the capacity of traditional reactors with reduced upfront costs and flexible siting options.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#2- <\/strong><strong>Saudi is planning<\/strong><strong> significant investments in Pakistan<\/strong>, Foreign Minister Prince Faisal bin Farhan said during a joint press conference with Pakistani counterpart Ishaq Dar (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=gOAOQZS9WAI\" style=\"\" rel=\"noopener\">watch, runtime: 26:52<\/a>). He said his delegation was briefed on potential investments in various sectors in Pakistan, stressing \u201cvery, very significant confidence\u201d to move forward with the projects. \u201cThere is a lot of untapped potential [in Pakistan] that is clear to everyone and just needs to be tapped and here working together we will do what we can with our colleagues in the government of Pakistan to make that happen,\u201d he said. He did not provide further details, but Dar said some of the areas of interest included agriculture, IT, mining, energy and other sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3- Egypt\u2019s <\/strong><strong>Red<\/strong><strong> Sea hotels will need to obtain green certificates:<\/strong> All hotels, diving centers, and marine activities within Egypt\u2019s Red Sea Governorate will be required to obtain certification of eco-friendly practices within the next six months, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/tourismandantiq\/posts\/pfbid02LkxHVMfwuuDzZWH4kJ5Kr8AMNWRXkGYgMwCnEMtSQKMGkwbAHdWG77HpFCoqCzuEl\" style=\"\" rel=\"noopener\">statement<\/a>. The certificates will be accredited from international and local institutions in line with sustainability standards. The move is part of the ministry\u2019s efforts to make the tourism industry more green under its sustainable development strategy and Egypt\u2019s 2030 Vision.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Global policymakers are urging G20 leaders to address the climate crisis in developing nations by introducing policies to reduce debt and hold polluters accountable<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/www.globalgoals.org\/dearg20\/\" style=\"\" rel=\"noopener\">open letter<\/a> sent ahead of IMF and World Bank meetings this week. The letter called for world leaders to \u201cend crippling debt\u201d for low-income countries and \u201ctriple the investment\u201d in public banks. The UN Environment Programme underscores the urgent need for substantial financial support, estimating that developing nations require up to <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/green\/2024\/04\/15\/end-crippling-debt-calls-mount-for-global-financial-reform-to-tackle-debt-and-climate-cris\" style=\"\" rel=\"noopener\">EUR 364 tn<\/a> annually for climate adaptation in the coming years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Notable signatories:<\/strong> The letter was signed by over 100 individuals including former Prime Minister of Denmark Helle Thorning-Schmidt, former Prime Minister of New Zealand Helen Clark, former President of the Republic of Malawi Joyce Banda, and Former Executive Secretary of the UNFCCC Christiana Figueres. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UN has also called for urgent action: <\/strong>UN climate chief Simon Stiell <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f632262b-ef65-48db-857c-1040385d7956\/today:-green-hydrogen-updates-from-morocco-and-oman-%2B-are-smaller-cop-summits-on-the-horizon%3F\" style=\"\" rel=\"noopener\">announced last week<\/a> that policymakers, business leaders, and development banks now have just two years to take action to avoid far worse impacts of climate change, Stiell added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Europe is set to revive magnesium mining after <\/strong><strong>more than a decade to reduce its heavy reliance on Chinese imports of the critical raw material<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f77bf51f-0cae-42bf-8d9c-c11d24dac906\" style=\"\" rel=\"noopener\">The Financial Times<\/a> writes. The EU\u2019s move comes as part of a broader strategy to secure a more independent supply chain for essential minerals needed for the green transition. Romania has granted a mining concession to <a target=\"_blank\" href=\"https:\/\/www.verdemg.com\/\" style=\"\" rel=\"noopener\">Verde Magnesium<\/a>, a company supported by US private equity firm Amerocap, which plans to invest USD 1 bn in a former magnesium mine near Oradea. The project will utilize renewable energy and recycle aluminum at its processing facilities, with production expected to commence by late 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why does this matter?<\/strong> Magnesium-based energy materials have favorable <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S2213956723001779\" style=\"\" rel=\"noopener\">energy-related functional<\/a> properties and are affordable, environmentally compatible, and abundant. The materials also offer sustainable energy conversion and storage.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New wind installations worldwide experienced a 50% increase y-o-y reaching a record <\/strong><strong>117 GW in 2023,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/1057.pdf\" style=\"\" rel=\"noopener\">new report (pdf)<\/a> by the Global Wind Energy Council (GWEC). Most of this capacity came from onshore wind at 106 GW with the remaining 10.8 GW coming from offshore wind. China was the top contributor with a record 75 GW of new installations, representing nearly 65% of the global total. The rest of the top five markets for wind installations \u2014 which accounted for 82% of all new wind projects \u2014 were the US, Brazil, Germany, and India. GWEC expects around 158 GW of new wind installations per year until 2028, but to meet targets set in global climate agreements, the industry must aim for at least 320 GW a year by 2030, reaching a cumulative capacity of 3 TW. <strong>The story got ink in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/new-wind-installations-hit-record-last-year-report-says-2024-04-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/energy-global-wind-report-2024-74dd788b62c429edd004332808440b60\" style=\"\" rel=\"noopener\">AP<\/a><\/strong><strong>.<\/strong><\/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>World\u2019s worst coral bleaching event set to occur within weeks: <\/strong>Rising ocean temperatures are causing the biggest bleaching event of the world\u2019s corals ever seen, according to the <a target=\"_blank\" href=\"https:\/\/www.noaa.gov\/news-release\/noaa-confirms-4th-global-coral-bleaching-event\" style=\"\" rel=\"noopener\">National Oceanic and Atmospheric Administration<\/a>. This is the fourth and most extensive event of its kind the world has ever seen. Over 54% of corals have already experienced bleaching in the past year and the number is going up by 1% weekly, according to the <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/04\/15\/climate\/coral-reefs-bleaching.html\" style=\"\" rel=\"noopener\">New York Times<\/a>. The most recent and most impactful event of this kind occurred from 2014 to 2017 and affected 56% of reefs, which this year is soon to surpass. However, due to an oncoming La Nina climate pattern, the event should be shorter-lived. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s happening in the water?&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2b45e98f-4010-4b5d-ae0d-ef632f8c1da5\/the-great-barrier-reef-is-experiencing-its-fifth-mass-coral-bleaching\" style=\"\" rel=\"noopener\">Coral bleaching<\/a> is caused by above-average sea surface temperatures which expel algae that feed the coral nutrients and give them their color. Climate-induced coral bleaching can lead to reefs\u2019 death, while ocean acidification makes conditions unfavorable for growth. Climate change-induced coral bleaching can lead to reefs\u2019 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/51ee7a9b-e484-4aa3-9636-473c2b7b64ea\/we-have-a-revised-text-but-still-no-fossil-fuel-phase-out-or-phase-down\" style=\"\" rel=\"noopener\">permanent demise<\/a>. Under the Intergovernmental Panel on Climate Change\u2019s most upbeat scenario coral reefs are still projected with \u201cvery high confidence\u201d to decline by a further 70\u201390% by the end of this century, with losses increasing to 99% at 2\u00b0C of warming.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why should we care? <\/strong>Coral reefs are extremely important to their ecosystems as they harbor a quarter of ocean species throughout their lives, and protect fish and coasts from storms. Their value is estimated at USD 2.7 tn annually, according to the New York Times.<\/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\">***<br \/><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<font face=\"Arial\">&nbsp;<\/font><\/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.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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/swforum.sa\/?lang=en\" style=\"\" rel=\"noopener\">Saudi Water Forum<\/a><\/strong><strong> from Monday, 29 April to Wednesday, 1 <\/strong><strong>May<\/strong> in Riyadh. The forum will facilitate dialogue among water sector leaders, experts, and stakeholders to address challenges and share expertise. It will feature presentations by key entities in the water industry focusing on integrated solutions, showcasing successful water projects, and promoting investment opportunities for sector development.<\/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>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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\/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=\"83593\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83594\" 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=\"83594\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\">\r\n                            Acwa Power secures USD 80 mn loan for solar project in Uzbekistan                        <\/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\/17\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\" 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\/17\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/')\">\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\/17\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\">\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=Acwa Power secures USD 80 mn loan for solar project in Uzbekistan&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\">\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\/17\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/&title=Acwa Power secures USD 80 mn loan for solar project in Uzbekistan\">\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=Acwa+Power+secures+USD+80+mn+loan+for+solar+project+in+Uzbekistan+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F17%2Facwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan%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\/17\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1131.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83595\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/1131-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1131.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1131.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1131.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1131.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83594\" class=\"content-area-description single-story post-83594 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-acwa-power tag-debt-watch tag-enterpriseclimate tag-green-finance tag-renewables tag-solar-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.be90de0e-f713-4d22-a25e-4dddb203fb84.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA\u2019s Acwa Power has secured an equity bridge loan <\/strong><strong>worth USD 80 mn<\/strong><strong> from the Bank of <\/strong><strong>China to finance one of its solar and energy storage projects in Uzbekistan<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/OGN_420996.html\" style=\"\" rel=\"noopener\">press release<\/a>. The loan, split evenly between CNY and USD, and marks the first cooperation between Acwa and the bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where\u2019s the money going? <\/strong>The funds will go towards financing Acwa\u2019s 200 MW solar project and accompanying 500 MWh battery energy storage (BESS) facility in Tashkent. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is this the first phase of a larger project?<\/strong> Acwa Power signed three power purchase agreements totaling USD 2.5 bn with the National Electric Grid of Uzbekistan and the country\u2019s Investment, Industry, and Trade Ministry for 1.4 GW worth of solar projects and three battery energy storage (BESS) units totaling a capacity of 1.5 GWh <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/46255998-c3f3-4814-a5a4-2cdf891cf0cc\/project-update:-acwa-power%25e2%2580%2599s-renewables-agreements-in-uzbekistan-are-bigger-than-previously-reported\" style=\"\" rel=\"noopener\">in March 2023<\/a> including a 400 MW solar plant with an accompanying 500 MWh BESS facility located in Tashkent. The firm later inked an engineering, procurement, and construction agreement with the Energy China Group Corporation company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0cf90e82-d075-438e-85f0-684b223b6c70\" style=\"\" rel=\"noopener\">in June<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timeline: <\/strong>Acwa\u2019s contract agreement will last 25 years and the plants are expected to come online in 3Q 2025 and 3Q 2026, although it is unclear which projects will launch in which year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Acwa\u2019s also interested in Uzbek wind:&nbsp;<\/strong>The company inked a SAR 985 mn PPA with NEGU for the development of the 200 MW Nukus 2 wind farm along with an accompanying battery energy storage system (BESS) facility <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6f03eacc-5556-4804-ab21-45ccccd9e2fb\/acwa-power-inks-a-ppa-with-uzbekistan-for-a-200-mw-wind-farm\" style=\"\" rel=\"noopener\">earlier this month<\/a>. A hybrid <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0a75a646-06aa-463d-80a4-9025ada4b1a0\/acwa-power-signs-another-renewables-%2B-hydrogen-agreement-with-uzbekistan\" style=\"\" rel=\"noopener\">800 MW renewable energy and integrated green hydrogen project<\/a> is also in the pipeline. <\/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\/debt-watch\/\">DEBT WATCH<\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83596\" 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=\"83596\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/uaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy\/\">\r\n                            UAE\u2019s Taqa in talks for potential takeover of Spanish energy player Naturgy                        <\/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\/17\/uaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy\/\" 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\/17\/uaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy\/')\">\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\/17\/uaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy\/\">\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 Taqa in talks for potential takeover of Spanish energy player Naturgy&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/uaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy\/\">\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\/17\/uaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy\/&title=UAE\u2019s Taqa in talks for potential takeover of Spanish energy player Naturgy\">\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+Taqa+in+talks+for+potential+takeover+of+Spanish+energy+player+Naturgy+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F17%2Fuaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy%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\/17\/uaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1074.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83597\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/uaes-taqa-in-talks-for-potential-takeover-of-spanish-energy-player-naturgy\/1074-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1074.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1074.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1074.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1074.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83596\" class=\"content-area-description single-story post-83596 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseclimate tag-ma-watch tag-renewables 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\/.a7967b8e-750d-45e3-9b78-3d12b8f0e05a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi National Energy Company (Taqa) is reportedly in discussions with Naturgy\u2019s <\/strong><strong>three largest <\/strong><strong>shareholders about a potential takeover of the Spanish energy player<\/strong>, <a target=\"_blank\" href=\"https:\/\/cincodias.elpais.com\/companias\/2024-04-16\/criteria-busca-un-plan-para-naturgy-en-plena-caida-bursatil-y-pendiente-del-gobierno.html\" style=\"\" rel=\"noopener\">Cinco Dias<\/a> reports, citing market sources. Spanish holding company Criteria \u2014 Naturgy\u2019s biggest shareholder \u2014 said it is negotiating with an unnamed investor group that has in turn been talking with some of Naturgy\u2019s major shareholders about a potential \u201cpartnership agreement,\u201d according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/abu-dhabis-adnoc-talks-take-over-spains-energy-company-naturgy-report-2024-04-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. However, Criteria said it is not part of the talks between the investor group and other Naturgy shareholders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who owns what:<\/strong> Criteria holds a 26.7% stake in Naturgy, making it the energy company\u2019s largest shareholder. Private equity investment funds CVC Advisers and Global Infrastructure Partners (GIP) each hold a little over 20% in the company. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What Taqa could be getting:<\/strong> Adnoc\u2019s renewable energy subsidiary has reportedly been in talks to acquire 40% in Naturgy, but could be required to launch a mandatory tender offer (MTO) for 100% of the company, according to Cinco Dias. Spanish law dictates that any offer to buy more than 30% of a company automatically triggers an MTO requirement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Naturgy is big on renewables: <\/strong>The company\u2019s profits rose over 20% last year on the back of a strong performance in renewables, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/spains-naturgy-says-2023-net-profit-rises-20-sees-volatility-2024-2024-02-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported earlier this year. Naturgy <a target=\"_blank\" href=\"https:\/\/renewablesnow.com\/news\/naturgy-posts-renewables-ebitda-of-eur-529m-in-2023-up-414-yy-850055\/\" style=\"\" rel=\"noopener\">plans to implement<\/a> up to 1.2 GW of new renewable energy capacity in 2024 and 2.3 GW in 2025, funneling 90% of investments towards energy transition projects with EUR 1.73 bn earmarked for renewable energy generation.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83598 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"83598\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/83598\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83598\" class=\"content-area-description single-story post-83598 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareiph.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2023\/05\/infinity-enterprise1600px-scaled.jpg\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83599\" 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=\"83599\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/interested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project\/\">\r\n                            Interested developers can now bid on UAE\u2019s 1.5 GW Khazna solar PV project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/interested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/interested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/interested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Interested developers can now bid on UAE\u2019s 1.5 GW Khazna solar PV project&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/interested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/interested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project\/&title=Interested developers can now bid on UAE\u2019s 1.5 GW Khazna solar PV project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Interested+developers+can+now+bid+on+UAE%E2%80%99s+1.5+GW+Khazna+solar+PV+project+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F17%2Finterested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/interested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/262.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83600\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/interested-developers-can-now-bid-on-uaes-1-5-gw-khazna-solar-pv-project\/262-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/262.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"262.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/262.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/262.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83599\" class=\"content-area-description single-story post-83599 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-enterpriseclimate tag-renewables tag-solar tag-solar-energy tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.0546c8e3-7207-411b-82a0-5f2874b12f05.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates Water and Electricity Company (Ewec) has issued a Request for Proposals <\/strong><strong>(RFP) for the development of its 1.5 GW Khazna solar farm in Abu Dhabi<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.ewec.ae\/en\/media\/press-release\/ewec-issues-request-proposals-1500mw-khazna-solar-photovoltaic-independent\" style=\"\" rel=\"noopener\">press release<\/a>. Ewec <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ac5a6d33-aaf5-4511-a65a-c057c0232f85\" style=\"\" rel=\"noopener\">invited developers<\/a> to submit expressions of interest for the development of Khazna last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details: <\/strong>The selected developer will construct, finance, operate, and maintain the plant, of which it will own 40%, with the rest to be owned by the Abu Dhabi government. The developer will also enter a long-term power purchase agreement with Ewec. Responses to the RFP are expected in 3Q 2024, followed by a public event to confirm proposal submissions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We know one consortium who is interested:<\/strong> Korea Western Power (Kowepco) and EDF Renewables signed a Joint Development Agreement (JDA) to bid on the project last month. The two companies were tapped by Ewec <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/fc7e7a23-32e0-4a73-ac66-f682174f951f\" style=\"\" rel=\"noopener\">in February<\/a> to develop the 1.5 GW <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/43031cf2-39a8-4286-aa35-e6dddbd11964\" style=\"\" rel=\"noopener\">Al Ajban solar project<\/a> for an estimated investment ticket of USD 748 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the solar farm:<\/strong> The Khazna Solar Photovoltaic Power Project is a greenfield solar power project with a generation capacity of 1.5 GW, which is similar in scale and production capacity to Al-Dhafra Solar PV and Al-Ajban Solar PV. Once fully operational, the project is expected to reduce CO2 emissions by over 2.4 mn tonnes per year, which is equivalent to removing about 470k cars from the road.<\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83601\" 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=\"83601\">\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\">The Macro Picture<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/mena-behind-on-meeting-climate-targets-according-to-a-performance-index\/\">\r\n                            MENA behind on meeting climate targets according to a performance index                        <\/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\/17\/mena-behind-on-meeting-climate-targets-according-to-a-performance-index\/\" 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\/17\/mena-behind-on-meeting-climate-targets-according-to-a-performance-index\/')\">\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\/17\/mena-behind-on-meeting-climate-targets-according-to-a-performance-index\/\">\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=MENA behind on meeting climate targets according to a performance index&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/mena-behind-on-meeting-climate-targets-according-to-a-performance-index\/\">\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\/17\/mena-behind-on-meeting-climate-targets-according-to-a-performance-index\/&title=MENA behind on meeting climate targets according to a performance index\">\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=MENA+behind+on+meeting+climate+targets+according+to+a+performance+index+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F17%2Fmena-behind-on-meeting-climate-targets-according-to-a-performance-index%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\/17\/mena-behind-on-meeting-climate-targets-according-to-a-performance-index\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1435.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83602\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/mena-behind-on-meeting-climate-targets-according-to-a-performance-index\/1435-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1435.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1435.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1435.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1435.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83601\" class=\"content-area-description single-story post-83601 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-egypt tag-emissions tag-enterpriseclimate tag-morocco tag-renewables tag-saudi-arabia tag-the-macro-picture tag-turkey 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\/.1a30c0e9-a8eb-48b8-b62b-a7a1349d0781.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>MENA is falling short of its Paris Agreement goals<\/strong>, according to the 2024 <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2220.pdf\" style=\"\" rel=\"noopener\">Climate<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2220.pdf\" style=\"\" rel=\"noopener\">Change Performance Index (CCPI) (pdf)<\/a> prepared by climate policy NGOs <a target=\"_blank\" href=\"https:\/\/www.germanwatch.org\/en\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.germanwatch.org\/en\" style=\"\" rel=\"noopener\">Germanwatch<\/a>, <a target=\"_blank\" href=\"https:\/\/newclimate.org\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/newclimate.org\/\" style=\"\" rel=\"noopener\">NewClimate Institute<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.google.com\/search?q=climate+action+network&amp;rlz=1C1GCEB_enEG1041EG1041&amp;oq=Climate+Action+Network&amp;gs_lcrp=EgZjaHJvbWUqBwgAEAAYgAQyBwgAEAAYgAQyBwgBEAAYgAQyBwgCEAAYgAQyBwgDEAAYgAQyBwgEEAAYgAQyBwgFEAAYgAQyBwgGEAAYgAQyBwgHEAAYgAQyBwgIEAAYgAQyBwgJEAAYgATSAQcyMzVqMGo5qAIAsAIA&amp;sourceid=chrome&amp;ie=UTF-8\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.google.com\/search?q=climate+action+network&amp;rlz=1C1GCEB_enEG1041EG1041&amp;oq=Climate+Action+Network&amp;gs_lcrp=EgZjaHJvbWUqBwgAEAAYgAQyBwgAEAAYgAQyBwgBEAAYgAQyBwgCEAAYgAQyBwgDEAAYgAQyBwgEEAAYgAQyBwgFEAAYgAQyBwgGEAAYgAQyBwgHEAAYgAQyBwgIEAAYgAQyBwgJEAAYgATSAQcyMzVqMGo5qAIAsAIA&amp;sourceid=chrome&amp;ie=UTF-8\" style=\"\" rel=\"noopener\">Climate Action Network<\/a> (CAN). Arab countries, especially oil producers, were amongst the worst performing in the index, which gave the 67 countries that make up 92% of the world\u2019s emissions a score based on how they are faring today compared to where they should be in order to meet the benchmarks of global climate goals. Each country is assessed against four key criteria: greenhouse gas emissions \u2014 which represent 40% of the score \u2014 as well as renewable energy, energy use, and climate policy, which are weighted at 20% of the overall score each. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The 67 countries were placed in five categories according to their rating: <\/strong>A ranking of 1st to 3rd place is categorized as a \u201cvery high\u201d rating, while a ranking from 4 to 16 received a \u201chigh\u201d rating\u201d, 17 to 32 a \u201cmedium\u201d rating, 33 to 53 a \u201clow\u201d rating, and finally 54 to 67 a \u201cvery low\u201d rating. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There were some regional differences in performance:<\/strong> Saudi Arabia had the worst ranking in the region standing at and last place in the index, thus falling in the \u201cvery low\u201d rating category. The UAE, Algeria, and Turkey were also in the \u201cvery low\u201d group, standing at 65th, 54th, and 56th place, respectively. Egypt came in 22nd and received a \u201cmedium\u201d rating. Morocco outperformed in the ranking, achieving a 9th place position, falling in the \u201chigh\u201d rated group. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco has some work to do in reducing energy use and improving climate policy:<\/strong> Morocco \u2014 considered a high performing country \u2014 scored well on the first two categories \u2014 greenhouse gas emissions and renewables \u2014 but only average on the latter two \u2014 energy use and climate policy. The country still consumes and imports a lot of fossil fuels but is growing their renewable energy shares at the same time. However, energy prices are high and users of solar energy are excluded from the power grid. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While Egypt should focus on renewables:<\/strong> Egypt received a low score on policy and renewables despite having a low global emissions share, environmental expert and former consultant to the United Nations Intergovernmental Panel on Climate Change Samir Mowafi told <a target=\"_blank\" href=\"https:\/\/www.natureasia.com\/en\/nmiddleeast\/article\/10.1038\/nmiddleeast.2024.99\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.natureasia.com\/en\/nmiddleeast\/article\/10.1038\/nmiddleeast.2024.99\" style=\"\" rel=\"noopener\">Nature Asia<\/a>. The country fell two places this year but still finds itself in the medium-performing range.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey dropped in the ranks: <\/strong>Turkey went down nine places this year compared to 2023, performing poorly in terms of emissions and energy use, and even worse in policy. Turkey still relies heavily on fossil fuels for energy and consequently subsidizes them with no policy in place to phase them out. The country\u2019s energy inefficiency prevents reduction of consumption and while the share of renewables has increased slightly, it still must triple to meet the 1.5\u00b0C goal, the report explained. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE needs to improve on all fronts: <\/strong>At 65th, the UAE is one of the worst performing countries due to a very low score in all categories except for policy which it only achieved a medium score on. The country is one of the biggest polluters in the world and still explores oil and gas projects while upholding insufficient climate goals. Meanwhile, the UAE is developing big solar projects, but the share of renewables is still inadequate at under 1%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And so does its oil producing neighbor: <\/strong>Saudi Arabia was ranked the worst on the list, dropping five spots to 67th place with a low score across all categories. The kingdom\u2019s emissions are on the rise while shares of renewables are almost non-existent with low targets despite recent efforts to promote renewable energy projects. Saudi Arabia consumes a lot of energy but has set a carbon neutrality goal for 2050 and needs reevaluate their performance across the categories to get closer to the 1.5\u00b0C limit. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Arab countries weren\u2019t the only ones off track: <\/strong>None of the countries analyzed were strong enough in all categories to achieve an overall \u201cvery high\u201d rating, meaning the top three spots of the index were not occupied. Denmark took 4th place, followed by Estonia, the Philippines, India, the Netherlands, Morocco, and Sweden, but they all still lagged behind the Paris Agreement\u2019s standards.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Still, the EU fared better than MENA: <\/strong>The EU\u2019s results were considered \u201cmedium\u201d across all categories. The bloc implemented Fit For 55 which entails upgrading its climate and energy measures through policy to achieve 55% net reductions and is set to surpass that goal to 57% reduction. Despite being successful in meeting their targets, the CCPI classified the package\u2019s ambitions as inadequate seeing as it will still set the EU behind the 1.5\u00b0C target. The NGOs call on the EU to set more ambitious goals and point out their \u201chistorical responsibility, global equity principles, and the region\u2018s capacity to act,\u201d the report said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/emissions\/\">emissions<\/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\/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\/the-macro-picture\/\">THE MACRO PICTURE<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83603\" 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=\"83603\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/morocco-and-belgium-sign-energy-transition-agreement\/\">\r\n                            Morocco and Belgium sign energy transition agreement                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/morocco-and-belgium-sign-energy-transition-agreement\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/morocco-and-belgium-sign-energy-transition-agreement\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/morocco-and-belgium-sign-energy-transition-agreement\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Morocco and Belgium sign energy transition agreement&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/morocco-and-belgium-sign-energy-transition-agreement\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/morocco-and-belgium-sign-energy-transition-agreement\/&title=Morocco and Belgium sign energy transition agreement\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Morocco+and+Belgium+sign+energy+transition+agreement+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F17%2Fmorocco-and-belgium-sign-energy-transition-agreement%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/morocco-and-belgium-sign-energy-transition-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1129.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83604\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/morocco-and-belgium-sign-energy-transition-agreement\/1129-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1129.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1129.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1129.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1129.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83603\" class=\"content-area-description single-story post-83603 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-climate-diplomacy tag-enterpriseclimate tag-green-hydrogen tag-morocco wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.752a2b26-c75f-487c-8e9c-9e2b2b2cb4c6.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco and Belgium have signed an agreement to develop a partnership on renewable <\/strong><strong>energy, green hydrogen, and ammonia<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/ministry-of-energy-transition-and-sustainable-development-kingdom-of-morocco_aepaesaepaeuaesaeqaepaesabraepaesaefaepaeqaey-activity-7185764452154101760-CXrE\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The countries will collaborate in research and development initiatives to boost the production and distribution of green hydrogen and ammonia domestically, regionally, and internationally, according to <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/04\/362087\/morocco-belgium-deepen-ties-with-judicial-modernization-green-energy-pacts\" style=\"\" rel=\"noopener\">Morocco World News<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER NEWS- <\/strong><strong>Morocco + France form Green Alliance to reconstruct national park:<\/strong> The National Water and Forestry Agency of Morocco (ANEF) and the French Development Agency (AFD) have signed a letter of intent to implement the Forests of Morocco 2020-2030 Strategy and reconstruct the earthquake-struck Toubkal national park, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/ANEF.Maroc\/posts\/pfbid02qFdXUL5NvvgFd7HX2feosqwLAGiz4JiFyqQott8U8VzxokqgqbpU5YKZwUjuMXtVl\" style=\"\" rel=\"noopener\">statement<\/a>. With EUR 102 mn in financing, the program aims to promote local development and protect forest ecosystems through sustainable ecotourism and community involvement. ANEF and AFD will collaborate on identifying key areas and projects for ecosystem preservation and restoration, with AFD supporting ANEF's capacity-building efforts.<\/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\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/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\/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=\"83605\" 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=\"83605\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/eib-approves-eur-4-3-bn-for-climate-projects\/\">\r\n                            EIB approves EUR 4.3 bn for climate projects                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/eib-approves-eur-4-3-bn-for-climate-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/eib-approves-eur-4-3-bn-for-climate-projects\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/eib-approves-eur-4-3-bn-for-climate-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=EIB approves EUR 4.3 bn for climate projects&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/eib-approves-eur-4-3-bn-for-climate-projects\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/eib-approves-eur-4-3-bn-for-climate-projects\/&title=EIB approves EUR 4.3 bn for climate projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=EIB+approves+EUR+4.3+bn+for+climate+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F17%2Feib-approves-eur-4-3-bn-for-climate-projects%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/eib-approves-eur-4-3-bn-for-climate-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1127.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83606\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/eib-approves-eur-4-3-bn-for-climate-projects\/1127-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1127.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1127.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1127.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1127.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83605\" class=\"content-area-description single-story post-83605 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-china tag-eib tag-enterpriseclimate tag-europe tag-germany tag-green-finance tag-solar-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.f21823ad-6cf3-4bb3-bcbd-93aedfeb5c5e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EIB<\/strong><strong> to boost climate action with EUR 4.3 bn:<\/strong> The European Investment Bank (EIB) will unlock EUR 4.3 bn in investments to boost climate action, expand energy storage, and improve water and waste treatment across Europe, according to a <a target=\"_blank\" href=\"https:\/\/www.eib.org\/en\/press\/all\/2024-147-eib-approves-eur4-3-billion-for-innovation-business-climate-action-transport-and-water-across-europe\" style=\"\" rel=\"noopener\">press release<\/a>. The program includes a new initiative in France, targeted support across Italy, and a risk-sharing financing scheme to encourage innovation and growth projects throughout Europe. The bank has also committed to supporting climate action investment by businesses in central European countries, aiding them in reducing energy use and costs. It also approved EUR 805 mn for clean energy projects, the press release adds. These projects include upgrading electricity distribution in Germany, expanding grid energy storage in the Baltics, and supporting small and medium-scale renewable energy investments in Italy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EU NEWS- EU to sink EUR <\/strong><strong>bns<\/strong><strong> to save oceanic ecosystems:<\/strong> The EU has pledged EUR 3.5 bn for ocean conservation, the largest commitment by the EU to date for ocean governance and sustainability, according to a <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_24_2049\" style=\"\" rel=\"noopener\">press release<\/a>. The funds will support 40 new actions for 2024.Up to EUR 1.9 bn from the fund will be allocated to the Recovery and Resilience Facility to support sustainable fisheries in several EU countries. Investments will also be made in ocean observation programs, sustainable blue economies, and marine pollution and security.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>European solar manufacturers are flocking to the US: <\/strong>European renewable energy manufacturers are closing up shop or moving to the US in the wake of Chinese competition, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/losing-hope-rescue-some-european-solar-firms-head-us-2024-04-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. Germany\u2019s Meyer Burger shut down a factory in Freiberg to send production to the US, costing 500 jobs and causing solar panel production to drop by 10% in Europe. European energy ministers met on Monday to discuss how to support the industry, and will launch a voluntary charter that says buyers of solar panels should include domestic products in their purchases.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Europe can\u2019t keep up with the competition: <\/strong>European manufacturers have been having a tough time in the face of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dca52e28-90cb-4420-9269-412c3be08a7d\/today:-hassan-allam-utilities-%25e2%2599%25a5%25ef%25b8%258f-egyptian-renewables-%2B-adnoc-gets-the-ok-for-fertiglobe-acquisition.\" style=\"\" rel=\"noopener\">Chinese competition<\/a> \u2014 China accounts for 80% of the world\u2019s solar manufacturing \u2014 and the US\u2019 Inflation Reduction Act, Reuters explains. Before the move, Meyer Burger sought help from the German federal government \u2014 which has been assessing funding options for over a year \u2014 and agreed on an export credit guarantee for production in the US, but it wasn\u2019t enough to save the Freiberg factory. Governments will now have to decide if they should put supporting local production or a steady flow of imports as a priority.<\/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>Australia <\/strong><strong>to establish environmental watchdog:<\/strong> Australia will establish its first national environmental watchdog, the Environment Protection Agency (EPA), to audit businesses for environmental compliance, including in the country\u2019s vital mining and energy sectors. The EPA will be able to issue stop-work orders and impose fines of up to AUD 780 mn or prison sentences for violations. Australia will also allocate AUD 100 mn to accelerate environmental approval decisions, including on renewables and critical minerals. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-16\/australia-is-planning-its-first-national-environmental-agency?srnd=homepage-europe\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eib\/\">EIB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/europe\/\">Europe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/germany\/\">Germany<\/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\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83607\" 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=\"83607\">\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 IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/uk-allegedly-double-counted-eur-500-mn-as-climate-finance\/\">\r\n                            UK allegedly double counted EUR 500 mn as climate finance                        <\/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\/17\/uk-allegedly-double-counted-eur-500-mn-as-climate-finance\/\" 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\/17\/uk-allegedly-double-counted-eur-500-mn-as-climate-finance\/')\">\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\/17\/uk-allegedly-double-counted-eur-500-mn-as-climate-finance\/\">\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=UK allegedly double counted EUR 500 mn as climate finance&url=https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/uk-allegedly-double-counted-eur-500-mn-as-climate-finance\/\">\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\/17\/uk-allegedly-double-counted-eur-500-mn-as-climate-finance\/&title=UK allegedly double counted EUR 500 mn as climate finance\">\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=UK+allegedly+double+counted+EUR+500+mn+as+climate+finance+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F04%2F17%2Fuk-allegedly-double-counted-eur-500-mn-as-climate-finance%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\/17\/uk-allegedly-double-counted-eur-500-mn-as-climate-finance\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/114.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83608\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/04\/17\/uk-allegedly-double-counted-eur-500-mn-as-climate-finance\/114-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/114.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"114.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/114.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/114.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83607\" class=\"content-area-description single-story post-83607 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-in-the-news tag-enterpriseclimate tag-green-finance 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\/.17c9d01b-a74a-4138-becc-af2d47453a42.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>The <\/strong><strong>UK government is under scrutiny for allegedly double counting EUR 500 mn <\/strong><strong>of overseas aid as climate finance<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/global-development\/2024\/apr\/16\/uk-accused-of-double-counting-500m-overseas-aid-to-meet-climate-pledge\" style=\"\" rel=\"noopener\">The Guardian<\/a> reports. Documents obtained through a freedom of information request <a target=\"_blank\" href=\"https:\/\/www.carbonbrief.org\/revealed-uk-double-counting-500m-of-aid-for-war-torn-countries-as-climate-finance\/\" style=\"\" rel=\"noopener\">reveal<\/a> that humanitarian aid for Afghanistan, Yemen, and Somalia, previously not classified as climate finance, now falls under the category. The reclassification is part of an effort to meet the EUR 11.6 bn international climate finance pledge, which is at risk due to underspending and budget cuts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Concern over the redefinition: <\/strong>The redefinition of funding would add EUR 1.72 bn to the UK's reported climate aid spending without any new funds being allocated to climate projects, the report adds. Critics argue that because aid is directed to climate-vulnerable countries does not inherently address climate issues. The UK's approach, which counts 35% of its contributions to the World Bank as climate funding, has been met with scepticism from policy experts who question the effectiveness of such measures in addressing actual climate vulnerabilities.<\/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\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/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=\"83609\" 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\/17\/83609\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83609\" class=\"content-area-description single-story post-83609 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>21-24 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/hima.ncw.gov.sa\/\" style=\"\">Protected Areas Forum (HIMA)<\/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>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>29 April-1 May (Monday-Wednesday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/swforum.sa\/?lang=en\" style=\"\">Saudi Water Forum<\/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>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>1-3 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wetex.ae\" style=\"\">Water, Energy and Environment Technology Exhibition (WETEX)<\/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>13-17 October (Sunday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cairowaterweek.eg\/cww2024\/#:~:text=The%20upcoming%20seventh%20edition%2C%20Cairo,Climate%3A%20Building%20Resilient%20Communities.%E2%80%9D\" style=\"\">Cairo Water Week<\/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>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>11-22 November (Monday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/unfccc.int\/cop29\" style=\"\">UN Climate Change Conference<\/a><\/span><span style=\"font-weight:400;\">, Baku, Azerbaijan. <\/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 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>26-28 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudi-electricityexpo.com\/en\/home.html\" style=\"\">Saudi Electricity Expo<\/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;\">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> 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>UAE\u2019s cloud seeding might be working too well | Acwa secures more financing for Uzbek solar | UAE\u2019s Taqa might takeover Spain\u2019s Naturgy<\/p>\n","protected":false},"featured_media":83590,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-83589","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"713ac5eb-2452-4f96-b255-3dd695dbfdf2","teaser":"UAE\u2019s cloud seeding might be working too well | Acwa secures more financing for Uzbek solar | UAE\u2019s Taqa might takeover Spain\u2019s Naturgy","photo_url":"https:\/\/ent.news\/2024\/4\/505.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 secures USD 80 mn loan for solar project in Uzbekistan - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acwa Power secures USD 80 mn loan for solar project in Uzbekistan\" \/>\n<meta property=\"og:description\" content=\"UAE\u2019s cloud seeding might be working too well | Acwa secures more financing for Uzbek solar | UAE\u2019s Taqa might takeover Spain\u2019s Naturgy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T10:39:30+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/505.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\",\"name\":\"Acwa Power secures USD 80 mn loan for solar project in Uzbekistan - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/505.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-04-17T00:00:00+00:00\",\"dateModified\":\"2025-12-15T10:39:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/505.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/505.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/climate\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Acwa Power secures USD 80 mn loan for solar project in Uzbekistan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Acwa Power secures USD 80 mn loan for solar project in Uzbekistan - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/","og_locale":"en_US","og_type":"article","og_title":"Acwa Power secures USD 80 mn loan for solar project in Uzbekistan","og_description":"UAE\u2019s cloud seeding might be working too well | Acwa secures more financing for Uzbek solar | UAE\u2019s Taqa might takeover Spain\u2019s Naturgy","og_url":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/","og_site_name":"Climate","article_modified_time":"2025-12-15T10:39:30+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/505.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/","url":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/","name":"Acwa Power secures USD 80 mn loan for solar project in Uzbekistan - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/505.jpg?fit=%2C&ssl=1","datePublished":"2024-04-17T00:00:00+00:00","dateModified":"2025-12-15T10:39:30+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/505.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/505.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-secures-usd-80-mn-loan-for-solar-project-in-uzbekistan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/climate\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Acwa Power secures USD 80 mn loan for solar project in Uzbekistan"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/83589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/83589\/revisions"}],"predecessor-version":[{"id":83627,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/83589\/revisions\/83627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/83590"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=83589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=83589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=83589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}