{"id":83945,"date":"2024-05-02T00:00:00","date_gmt":"2024-05-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=83945"},"modified":"2025-12-15T10:45:13","modified_gmt":"2025-12-15T10:45:13","slug":"maaden-and-pif-finalize-10-stake-acquisition-in-vale-base-metals","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/maaden-and-pif-finalize-10-stake-acquisition-in-vale-base-metals\/","title":{"rendered":"Ma\u2019aden and PIF finalize 10% stake acquisition in Vale Base Metals"},"content":{"rendered":"<section id=\"83947\" 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=\"83947\">\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\/05\/02\/today-maaden-and-pif-finalize-vale-acquisition-wave-energy-picks-up-in-oman\/\">\r\n                            TODAY: Ma\u2019aden and PIF finalize Vale acquisition + Wave energy picks up in Oman                        <\/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\/05\/02\/today-maaden-and-pif-finalize-vale-acquisition-wave-energy-picks-up-in-oman\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Before unpacking the raft of news, we have a quick programming note\u2026 <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enterprise Climate will be taking a publication holiday on Monday <\/strong>in observance of the Egyptian national holiday of Sham El Nessim. We\u2019ll be back in your inboxes on Tuesday morning at our regularly scheduled time.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>THE BIG CLIMATE STORY OUTSIDE THE REGION- G7 seal agreement to phase-out c<\/strong><strong>oal <\/strong><strong>by 2035: <\/strong>Two days of G7 talks in Turin, Italy have concluded with an agreement by the bloc to phase out unabated (uncaptured) coal use by 2035, in the first explicit pledge for a full phase-out by the group. The agreement allows for an extension of the deadline to align with the global temperature rise limit of 1.5 \u00b0C above pre-industrial levels. Britain, France, Italy and Canada set even more ambitious commitments, pledging to phase out coal power by 2030, while Germany and the US are aiming for the same date but have kept their official pledge to 2035. TheG7 energy ministers reached a technical agreement to shut down coal-fired power plants by 2035 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/99ae66f5-32ec-4e4b-a317-a68c8be4c356\/today:-more-green-hydrogen-for-oman-%2B-ksa%25e2%2580%2599s-miahona-ipo-heats-up\" style=\"\" rel=\"noopener\">on Monday<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Japan was the only G7 member that did not commit to a phase-out date <\/strong>due to its heavy dependency on the fuel, standing as the world's <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/emissions-trade-flows-impact-g7-coal-pledge-maguire-2024-04-30\/\" style=\"\" rel=\"noopener\">third-largest thermal coal importer<\/a> in 2023. The East Asian country has been notorious for pushing back against a coal phase out, and was largely responsible for the failure of last year\u2019s G7 meeting in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e1f0e62c-05c7-4316-ba17-1f7edabe4385\/%253cmark%253eg7%253c%2Fmark%253e-meetings-give-renewables-targets-a-boost-but-leave-coal-phase-out-plans-behind\" style=\"\" rel=\"noopener\">reaching a phase out agreement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some argued that the agreement was too watered down: <\/strong>The <a target=\"_blank\" href=\"https:\/\/beyondfossilfuels.org\/\" style=\"\" rel=\"noopener\">Beyond Fossils Fuel<\/a> campaign, a coalition of civil society organizations, criticized the agreement, arguing that it is \u201cintended to coax a coal phase-out commitment from Japan,\u201d due to the wording being too vague, the group said in a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7191074099824099328\/\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/emissions-trade-flows-impact-g7-coal-pledge-maguire-2024-04-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/climate-change-coal-phaseout-g7-2ef72d6ca07441084237630f6b629d19\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-30\/g-7-nations-pledge-to-reduce-reliance-on-russia-in-nuclear-push\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/c3e41090-aec9-4207-9cdd-37e52d046be6\" style=\"\" rel=\"noopener\">The Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/04\/29\/climate\/g7-end-coal-fossil-fuels-climate-intl\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2024\/apr\/30\/g7-agree-to-end-use-of-unabated-coal-power-plants-by-2035\" style=\"\" rel=\"noopener\">The Guardian<\/a> <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#1- Petrol stations and public parks across Saudi Arabia will reportedly soon be required to <\/strong><strong>offer EV charging points<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.aleqt.com\/2024\/04\/30\/article_2722446.html\" style=\"\" rel=\"noopener\">Aleqtisadiah<\/a> reports, citing sources it says have knowledge of the matter. The potential new requirements will focus in particular on gas stations and parks along highways, Aleqtisadiah\u2019s sources suggest. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The state of play:<\/strong> Saudi officials have been moving forward with EV infrastructure as part of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f404ca54-5773-400a-9629-22350d432b0d\/\" style=\"\" rel=\"noopener\">a push<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f404ca54-5773-400a-9629-22350d432b0d\/\" style=\"\" rel=\"noopener\">into green mobility<\/a>. The Public Investment Fund and the Saudi Electricity Company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2db29355-7532-4e33-a2c8-668568d738ad\/saudi-arabia-expands-fast-charging-infrastructure-presence-with-the-launch-of-electric-vehicle-infrastructure-company\" style=\"\" rel=\"noopener\">launched<\/a> the Electric Vehicle Infrastructure Company (EVIQ) last October to expand fast-charging infrastructure across the Kingdom. EVIQ opened its first fast EV charging stations in Riyadh <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/47ebc1d5-9d07-4b56-8156-b061d4e7f41e\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\" style=\"\" rel=\"noopener\">in January<\/a>, with plans to set up over 5k fast chargers in over 1k locations in cities across Saudi by 2030, and partnered with Saudi Telecom Company subsidiary Tawal <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b1cbce08-0978-4111-b72b-983a3760fe1a\" style=\"\" rel=\"noopener\">in March<\/a> to strengthen the kingdom\u2019s EV charging network.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong>Tunisia sets deadline for solar tender:<\/strong> The deadline for submitting bids for planned solar projects across Tunisia with a combined production capacity of 500 MW has been set to the end of May, <a target=\"_blank\" href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/17409729-dates-of-signing\" style=\"\" rel=\"noopener\">TAP<\/a> reports. This comes as part of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7add1968-67ba-4d1c-a9d6-032cb89d2b41\/korea%25e2%2580%2599s-sk-on-sees-fewer-losses-in-4q,-expects-a-net-income-this-year\" style=\"\" rel=\"noopener\">government scheme<\/a> to issue tenders for larger projects with a total capacity of 1.7 GW. The tenders include two in Metbasta at 500 MW and 100 MW each. Two projects at 50 MW each are also in the final stages in Tozeur and Sidi Bouzid, reports noted in February. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been in the works:<\/strong> Tunisia has set a national strategy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/22ad7c39-fc54-495c-bb08-b016b91987a1\/\" style=\"\" rel=\"noopener\">to develop solar plants<\/a> with a combined capacity of 500 MW across the country, with a target to have clean energy sources comprise 35% of its electricity mix by 2030, and its unconditional emissions reduction target to slash 27% \u2014 35 mn tons of CO2 \u2014 by 2030 compared to 2010 levels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a><\/strong><strong>#3- The <\/strong><strong>EU <\/strong><strong>cracks down on airline greenwashing: <\/strong>The European Commission has launched an investigation into 20 unnamed airlines over allegations of greenwashing after the firms made vague claims of engaging in carbon offsetting or using sustainable aviation fuels, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/adec5d6d-24ed-4723-942a-d94d0aa53b8a\" style=\"\" rel=\"noopener\">The Financial Times<\/a> writes. The inquiry \u2014 involving regulators from Belgium, the Netherlands, Norway, and Spain \u2014 questions the validity of the airlines' assertions that investments in eco-friendly projects or the use of alternative fuels can mitigate the CO2 emissions produced by flying, and gave the airlines a 30-day deadline to submit plans addressing the claims. \u201cThe airlines are yet to clarify whether such claims can be substantiated based on sound scientific evidence,\u201d the commission said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The industry is falling behind on the green transition: <\/strong>The <a target=\"_blank\" href=\"https:\/\/sciencebasedtargets.org\/\" style=\"\" rel=\"noopener\">Science-Based Targets initiative<\/a> (SBTi) reports that no major European airline has submitted a climate goal stringent enough to restrict global warming to 1.5 \u00b0C above pre-industrial levels, FT adds. SBTi removed EasyJet, Gol, Iberia, Lufthansa and Wizz Air from the climate plans validation process as they didn't didn't pledge ambitious enough targets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER SAF NEWS-<\/strong><strong>US\u2019 SAF program opens the door for ethanol: <\/strong>The Biden administration has released guidance on its sustainable aviation fuel (SAF) subsidy program, allowing corn-based ethanol to qualify if sourced from farms using climate-friendly techniques, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/biden-team-sets-out-ethanols-path-aviation-fuel-subsidies-2024-04-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The program also extends eligibility to soy-based biodiesel if farms implement <a target=\"_blank\" href=\"https:\/\/eos.com\/blog\/no-till-farming\/\" style=\"\" rel=\"noopener\">no-till<\/a> and <a target=\"_blank\" href=\"https:\/\/www.usda.gov\/peoples-garden\/soil-health\/cover-crops-crop-rotation#:~:text=Cover%20crops%20are%20traditionally%20planted,the%20soil%20later%20for%20enrichment.\" style=\"\" rel=\"noopener\">cover cropping<\/a>. Refiners that can reduce emissions by 50% compared to petroleum jet fuel will be eligible for a USD 1.25 per gallon subsidy, while those that exceed this threshold can access an even higher subsidy of USD 1.75 per gallon. The scheme is effective for fuels produced in 2023 and 2024 but may be adjusted or expanded on a later date.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A mixed bag for the ethanol industry:<\/strong> While the <a target=\"_blank\" href=\"https:\/\/ethanolrfa.org\/\" style=\"\" rel=\"noopener\">Renewable Fuels Association<\/a> welcomed the announcement, they had hoped for lower threshold qualifications to increase access to the subsidy. \u201cHowever, RFA believes less prescription on agricultural practices, more flexibility, and additional low-carbon technologies and practices should be added to the modeling framework to better reflect the innovation occurring throughout the supply chain,\u201d the association's president and CEO, Geoff Cooper told Reuters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not everyone is confident in the decision:<\/strong> Some environmental groups and researchers question the efficacy of the SAF strategy, citing uncertainty about farm techniques' benefits and the need for additional low-carbon technologies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Shell pulls out of China\u2019s power market:<\/strong> Dutch fossil fuel giant Shell has announced its exit from China's power markets as part of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/739027c2-b7d8-4d7f-881f-1bea1cb0ebd2\/today:-masdar-reaches-financial-close-on-baltic-eagle-acquisition\" style=\"\" rel=\"noopener\">CEO Wael Sawan's strategy<\/a> to prioritize profitability, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-01\/shell-exited-china-power-business-amid-push-to-boost-returns\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing an emailed statement. This decision encompasses the entire value chain including power generation, trading, and marketing businesses and has already unofficially gone into effect at the end of last year. \u201cWe are selectively investing in power, focusing on delivering value from our power portfolio, which requires making difficult choices,\u201d the company wrote, according to the news outlet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shell was a big player in China's green sector:<\/strong> The company opened its <a target=\"_blank\" href=\"https:\/\/www.shell.com.cn\/en_cn\/media\/media-releases\/2023-media-releases\/shell-opens-its-largest-ev-charging-station-in-china.html\" style=\"\" rel=\"noopener\">largest EV charging station<\/a> in the world last year in Shenzhen, China, in collaboration with Chinese automaker BYD. Shell signed a non-binding MoU in 2022 with Chinese companies Sinopec and Baowu as well as European chemical producer BASF to conduct <a target=\"_blank\" href=\"https:\/\/www.shell.com.cn\/en_cn\/media\/media-releases\/2022-media-releases\/shell-sinopec-baosteel-and-basf-to-explore-open-source-carbon-capture-utilisation-and-storage-project-in-china.html\" style=\"\" rel=\"noopener\">feasibility studies<\/a> on an open-source carbon capture, utilization and storage (CCUS) project in the East China region.The company also inaugurated a <a target=\"_blank\" href=\"https:\/\/renewablesnow.com\/news\/shell-china-plugs-in-20-mw-electrolyser-for-green-h2-production-771077\/\" style=\"\" rel=\"noopener\">20 MW electrolyser<\/a> at the Zhangjiakou Integrated Green Hydrogen Hub in Hebei province in January 2022 as part of a JV with two Chinese firms. The industry giant inked an agreement with Chinese green energy project developer Shanghai Electric in 2021 to <a target=\"_blank\" href=\"https:\/\/www.upstreamonline.com\/energy-transition\/shell-expands-green-hydrogen-footprint-in-china\/2-1-1049011\" style=\"\" rel=\"noopener\">cooperate<\/a> on green hydrogen developments and CCUS.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Shell is making a U-turn away from a green transition:<\/strong> The Shell Energy Transition Strategy 2024 saw the company allocate a greater portion of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/739027c2-b7d8-4d7f-881f-1bea1cb0ebd2\/today:-masdar-reaches-financial-close-on-baltic-eagle-acquisition\" style=\"\" rel=\"noopener\">investments into oil and gas<\/a> in order to give better returns to shareholders, a move which CEO Wael Sawan has been championing since he assumed the position early last year. The oil giant announced in March that it is aiming to reduce its scope 3 emissions by 15-20% by the end of the decade, down from the previous 20%. The company also dropped its goal of a 45% reduction by 2035 citing \u201cuncertainty in the pace of change in the energy transition.\u201d<\/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 in Cairo and Riyadh and 11am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong><a target=\"_blank\" href=\"http:\/\/www.enterprise.news\" style=\"\" rel=\"noopener\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, Enterprise Climate, Enterprise Logistics, and The Weekend Edition on our powerful new website packed with reader-friendly features. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/user\/subscribe-details\" 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>Algeria will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/global-waste-forum_global-waste-forum-2024-shape-the-future-activity-7090915791587430400-JKm8\/\" style=\"\" rel=\"noopener\">Global Waste Forum<\/a><\/strong><strong> from Tuesday, 7 May to Thursday, 9 May <\/strong><strong>in<\/strong> Algiers. The forum will focus on the latest waste management technologies and bring together industry leaders to explore cooperation on circular economy strategies, renewable energies, and digitization.<\/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:\/\/www.saudienergyconvention.com\/\" style=\"\" rel=\"noopener\">Saudi Energy Convention<\/a><\/strong><strong> from Sunday, 19 May to <\/strong><strong>Tuesday, 21 May in<\/strong> Riyadh. The convention will see energy and utilities industry leaders advance collaborative decarbonization efforts and identify innovation areas. It will also host the Saudi Utilities Convention and Saudi Hydrogen Convention to address the role and challenges of rolling out hydrogen, water and utility projects that are inline with the global energy transition. Over 10k energy professionals and 200 industry speakers will be present at the event. <\/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\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n        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<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=\"83950\" 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=\"83950\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/maaden-and-pif-close-10-stake-acquisition-in-vale-base-metals\/\">\r\n                            Ma\u2019aden and PIF close 10% stake acquisition in Vale Base Metals                        <\/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   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<\/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\/05\/02\/maaden-and-pif-close-10-stake-acquisition-in-vale-base-metals\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/489.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83951\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/maaden-and-pif-close-10-stake-acquisition-in-vale-base-metals\/489-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/489.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"489.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/489.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/489.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83950\" class=\"content-area-description single-story post-83950 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseclimate tag-ma-watch tag-maaden tag-mining tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.8dffd649-4a81-4624-981c-625394278de6.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ma\u2019aden + PIF JV takes 10% stake in Vale: <\/strong>Manara Minerals, a JV between Saudi Arabian Mining (Ma\u2019aden) and the Public Investment Fund (PIF) set up for international mining investment, <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lY_RboIwFIafxQcwPWgs7JKNDVlQUXQqN6aWMyURSkpxc0-_VpYZ3Vxc04ue0-__z39IQhYkKdg-2zCViYLtdL1M6KrnUuj0HRhBf_oAFGKfzqaO5XUomZ8DzsCnMB6641HH7oH_AiT5lx7iqAfjp2jQDWECPtDb9HDluDfMT86RkXtn6wTP934Qul2H2pfALyteDPm5wxH4I2SMxXET-2rUwCJziZWoJUcy2aByi0LUBcccCxVmlfKYYmTMGd9iiHvcRWyDJDajWbrPKiErQ5Fl2zK9CrkS0iuD9LtzyNdiR5bmXUqR1lxNDyU2DSW0_de71MZx9qErCxorJvn2xJr_YZ2vUXprzZjWqxT5yYCZ5NzkbkTWqkmg8F3FR7OGS7UiQpkJnZGU-Wy2gCxoO2-P3dw5v26r9QlTUSX0\/dz\/d5\/L0lHSklna0tDbEVKSUtJS1VRb2dwUkEhIS9vSHdRQUVNSUFBQ0VFaGdDS000emxHWUVLVWxTVUtXdEcwWVdnQSEhLzRKQ2lqc1lwTWhUalVFNWxFbXQyVXR0TlF6VzdLVzFtbzVBIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9jb21wYW55U3ltYm9sLzEyMTEvZ2xvYmFsL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc5Njk4\/\" style=\"\" rel=\"noopener\">completed the acquisition of a minority stake<\/a> in Brazilian miner Vale Base Metals (VBM). Manara is 51% owned by Ma\u2019aden, and 49% owned by PIF. The transaction is worth an estimated USD 2.6 bn, based on a USD 26 bn enterprise value VBM had <a target=\"_blank\" href=\"https:\/\/vale.com\/w\/vale-announces-strategic-partnership-with-manara-minerals-and-engine-no-1-to-accelerate-growth-of-energy-transition-metals-business\" style=\"\" rel=\"noopener\">previously disclosed<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s in it for Manara:<\/strong> The acquisition \u201cwill play a key role\u201d in Manara\u2019s copper and nickel production expansion, it said in an earlier <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lZFBT8JAEIV_C4cezcxu0231tmJYSgqlLpV2L2YBgyXttjErBn-9q5xAS3Buk3xv3nsZUFCAMnpfbbWtWqNrt5eKPQecIR1HmOJ4MUSGUrB8EZGH2IflKRBNBcNsxrOUhgGKJwT1Lz3KeYDZaD71E3xEgew6PfYMv8JfnSIpvw1dgsm9iBPuRyw8B_6oeGbyu8MPcCnkxZiUQelqhr1AxkB-31i3TafNQR6aVVtDSSghMAG1rdvV8Zev1nZ3Hnpo9UZ_vNees9bGDLWFgvQD8QYK15VSkPoNuibPC6ziXdDtP5OX5Q0fDL4AriwvZA!!\/dz\/d5\/L0lHSkovd0RNQURrQUVnQSEhLzROVkUvZW4!\/\" style=\"\" rel=\"noopener\">disclosure<\/a>. The Ma\u2019aden-PIF JV could deploy USD 15 bn in the coming years, <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/01\/16\/ksas-mining-push-continues-as-future-minerals-forum-wraps-up-93601\/\" style=\"\" rel=\"noopener\">sources said<\/a> in January of last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Copper, cobalt, nickel, and lithium \u2014 critical minerals for EV and battery storage production \u2014 are expected to see a massive jump in demand in the coming years as countries roll out their plans for energy transition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been in the works: <\/strong>PIF has been reportedly in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3568d992-3c1b-40d3-9bd4-c0076b4ed0a4\/pif-emerges-as-a-frontrunner-in-the-bids-for-a-stake-in%253cmark%253e-vale%253c%2Fmark%253e%25e2%2580%2599s-base-metals-unit\" style=\"\" rel=\"noopener\">advanced talks<\/a> with Vale over a minority stake acquisition through Manara since as far back as June of last year, which was contested by the likes of Japan\u2019s Mitsui & Co and the Qatar Investment Authority. The agreement was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/10539bda-b0a7-4b9b-a406-dd1d74515313\" style=\"\" rel=\"noopener\">finalized<\/a> through a binding agreement the following month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Vale: <\/strong>VBM has \u201cworld-leading mining jurisdictions,\u201d in places like Canada, Brazil and Indonesia. It is also Vale\u2019s holding arm for energy transition metals, boasting supply chains for nickel, copper, and cobalt, which Manara will gain access to, according to a <a target=\"_blank\" href=\"https:\/\/www.pif.gov.sa\/en\/news-and-insights\/newswire\/2023\/new-saudi-venture-manara-minerals-partners-with-global-mining-leader-vale\/\" style=\"\" rel=\"noopener\">PIF statement<\/a>. Vale also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d7dc71f7-c0b0-4a5c-852f-d706b9cf6983\/ksa-signs-spate-of-mining-agreements-worth-usd-20-bn-%2B-launches-usd-182-mn-mineral-exploration-incentive-program\" style=\"\" rel=\"noopener\">signed an agreement<\/a> in January with The Royal Commission for Jubail and Yanbu to set up a green iron ore briquettes production plant in the Kingdom. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/maaden\/\">Maaden<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mining\/\">MINING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83952\" 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=\"83952\">\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\">WIND<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/egypt-allocates-land-for-two-more-wind-farms-generating-8-gw-of-energy\/\">\r\n                            Egypt allocates land for two more wind farms generating 8 GW of energy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/egypt-allocates-land-for-two-more-wind-farms-generating-8-gw-of-energy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The two projects will require a combined USD 9 bn in investments. The government signed MoUs for the two projects back during COP27 in Sharm El Sheikh (<a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ce29a6e4-8653-4954-b817-c38ac8a69aa8\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0d767c54-0faa-4b60-b73f-4ddbb71c90b9\/\" style=\"\" rel=\"noopener\">here<\/a>).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s behind the developments? <\/strong>The first agreement was signed with Norwegian renewables developer Scatec, which plans to invest USD 5.7 bn into developing a 5 GW wind farm, a second cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid08h31q9dSNjXeZm7qf8Qkzk8VPRb7sJPx2ALFzRxZ4pBCWP3aFXryFBXEHbshhd1El\" style=\"\" rel=\"noopener\">statement<\/a> said. The second agreement was signed with local construction giant Orascom Construction on behalf of its consortium with a subsidiary of France\u2019s Engie, <a target=\"_blank\" href=\"https:\/\/www.alsuwadipower.com\/founders.html\" style=\"\" rel=\"noopener\">Kahrabel<\/a>, and Japan\u2019s <a target=\"_blank\" href=\"https:\/\/www.eurus-energy.com\/en\/project\/project-jp\/\" style=\"\" rel=\"noopener\">Eurus Energy<\/a>. The OC-led farm is expected to generate 3 GW of energy when fully operational.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The impact: <\/strong>The wind farms will reduce some 17 mn tons of CO2 emission annually when fully operational and create 18k new direct and indirect jobs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The parties will now undertake site and technical studies for the projects in addition to assessing the environmental impact of building the wind farms, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EGYPT NEWS- Egypt to establish a fund to support nature-based<\/strong><strong> projects?&nbsp;<\/strong>The Environment Ministry is currently working with the French Development Agency, European Bank for Reconstruction and Development, and a local unnamed bank to develop a fund to reduce the risks of private sector investments in <a target=\"_blank\" href=\"https:\/\/research-and-innovation.ec.europa.eu\/research-area\/environment\/nature-based-solutions_en\" style=\"\" rel=\"noopener\">nature-based solutions<\/a>, Environment Minister Yasmine Fouad told a visiting EU delegation, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02MjkZFSvmTNTaH6TgvCngUSEuxGwFMaTzXWTnoTuENycKkSmDySbnL4kDYhZzQXhdl\" style=\"\" rel=\"noopener\">statement<\/a> from the ministry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More EU-Egypt climate cooperation ahead? <\/strong>The two also discussed working on a joint-policy document on how the private sector could contribute to developing nature-based projects, the statement added.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/scatec\/\">Scatec<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wind-energy\/\">Wind Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83954 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   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data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"127.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/127.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/127.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83955\" class=\"content-area-description single-story post-83955 post type-post status-publish format-standard has-post-thumbnail hentry category-wind tag-enterpriseclimate tag-masdar tag-uae tag-wind-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.58709db9-b355-454e-9ae9-d740582f00fe.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Masdar <\/strong><strong>+ Bapco partner on wind projects:<\/strong> UAE's renewables giant Masdar and Bahrain's state-owned energy investment firm Bapco Energies signed an agreement to explore developing up to 2 GW of wind projects in Bahrain, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/masdar-and-bapco-energies-to-develop-up-to-2gw-of-wind-projects-in-the-kingdom-of-bahrain-knhq9ygc\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement focuses on near-shore and offshore wind farms for Masdar's inaugural project in Bahrain.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move marks Masdar\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.agbi.com\/renewable-energy\/2024\/05\/masdar-enters-bahrains-wind-energy-market\/\" style=\"\" rel=\"noopener\">first entrance<\/a><\/strong><strong> into Bahrain\u2019s wind sector<\/strong>, and will stand as the region\u2019s first offshore wind facility once completed. No timeline or financial details were disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Masdar is active in the region:<\/strong> Masdar, Hassan Allam Utilities, and Infinity Power are set to start construction on their <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f09699db-fe46-4719-9c03-90fd29ebaf1b\" style=\"\" rel=\"noopener\">10 GW wind farm<\/a> in Egypt in 1Q 2025. Once completed, the plant will be the country\u2019s largest wind energy project to date. Masdar was also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59db0b55-d736-45d0-9580-0fe2528ef4be\" style=\"\" rel=\"noopener\">looking to acquire<\/a> a stake in Turkey\u2019s top wind power producer Fiba Yenilenebilir Enerji in September but is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/15bf3f4e-99fe-4c51-9793-3cae3e318c1a\" style=\"\" rel=\"noopener\">currently stalled<\/a> over a price dispute. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And its international portfolio is shaping up: <\/strong>As part of its plans <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/10958daf-d085-4a87-84ea-73cfe69ff0a7\/today:-mubadala-energy-eyes-up-indonesia%25e2%2580%2599s-geothermal-capacities-%2B-all-the-evtol-updates-from-the-dubai-airshow\" style=\"\" rel=\"noopener\">to expand its global presence<\/a>, Masdar has reached financial close on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/102b9bd5-15cc-47fa-a558-215dbc97601d\/\" style=\"\" rel=\"noopener\">EUR 488 mn<\/a> in funding to secure its 49% acquisition of the 476 MW Baltic Eagle wind farm last month. The UK granted Masdar, Equinor, and China Resources Power development consent for the Dudgeon Extension, an expansion of the existing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/09da6dad-52e2-45de-ac59-8c3dc8e807f3\/\" style=\"\" rel=\"noopener\">402 MW Dudgeon offshore wind project<\/a> last week. Masdar owned 35% of the wind farm. Masdar connected its 500 MW Zarafshan wind farm to Uzbekistan\u2019s electricity grid <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5ce33905-9b33-40e0-977c-cea9a1d9a0c8\/masdar-connects-1.4-gw-to-uzbekistan%25e2%2580%2599s-grid,-looks-to-expand-there-and-in-georgia\" style=\"\" rel=\"noopener\">in January<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bapco is also on a green path:&nbsp;<\/strong>Bapco Energies has unveiled a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1e555447-8831-44c4-bf01-58c5e309445a\/\" style=\"\" rel=\"noopener\">green transition finance framework<\/a>, the first in the region to do so, which outlines plans to secure funding for renewable energy, carbon capture and storage, no\/low emissions fuels, and energy efficiency projects in January. The Bahraini firm also launched its ESG-linked finance framework <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea3ae457-7cc9-46f5-a054-24f063bf5683\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\" style=\"\" rel=\"noopener\">last year<\/a>, with targets to push down scope 1 and 2 emissions from 2017 levels by 15% by 2025, 25% by 2030, 50% by 2040, and 75% by 2050 in a bid to achieve carbon-neutrality by 2060.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wind-energy\/\">Wind Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83957\" 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=\"83957\">\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\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/uaes-amea-power-signs-ppa-with-south-africas-eskom-for-120-mw-solar-farm\/\">\r\n                            UAE\u2019s Amea Power signs PPA with South Africa\u2019s Eskom for 120 MW solar farm                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/uaes-amea-power-signs-ppa-with-south-africas-eskom-for-120-mw-solar-farm\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The USD 120 mn solar plant will generate over 325 GWh of clean energy, offsetting 290k tons of CO2 emissions annually, and powering 25k homes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Amea holds the majority of the project's shares, on which it partnered with <a target=\"_blank\" href=\"https:\/\/www.ziyandaenergy.co.za\/\" style=\"\" rel=\"noopener\">Ziyanda Energy<\/a> and <a target=\"_blank\" href=\"https:\/\/www.dzimuzwo.co.za\/\" style=\"\" rel=\"noopener\">Dzimuzwo Energy<\/a>, the statement notes. The project will be financed through debt funding from <a target=\"_blank\" href=\"https:\/\/www.standardbank.co.za\/southafrica\/personal\/home\" style=\"\" rel=\"noopener\">Standard Bank South Africa<\/a> and equity funding from the <a target=\"_blank\" href=\"https:\/\/www.idc.co.za\/\" style=\"\" rel=\"noopener\">Industrial Development Corporation<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the works for a while: <\/strong>Amea Power was awarded <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/950fb22b-f4c9-4cf6-8bab-ccca06252428\/\" style=\"\" rel=\"noopener\">the 120 MW project<\/a> in 2022 with construction set to begin mid-2023. The company had secured sites for building more renewable energy projects with a total capacity of 1 GW in South Africa.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company\u2019s African portfolio is booming:<\/strong> Amea Power signed agreements with the governments of Uganda, Djibouti, Mozambique and Zimbabwe to develop renewables projects with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/33ab6716-a218-45df-878d-3ef203cde7da\/\" style=\"\" rel=\"noopener\">a combined 200 MW generation capacity<\/a> at COP28. It also signed an agreement with Ethiopia\u2019s Finance Ministry to build a USD 600 mn, 300 MW onshore wind power plant in the country. The UAE firm is also reportedly set to sign a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/48d8b583-0313-4a09-9f1c-7a8786be6a6c\/\" style=\"\" rel=\"noopener\">USD 800<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/48d8b583-0313-4a09-9f1c-7a8786be6a6c\/\" style=\"\" rel=\"noopener\">mn agreement<\/a> with Geothermal Development Co. of Kenya to develop the 200 MW Baka geothermal energy generation plant in the African country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And there\u2019s more in the pipeline: <\/strong>The company completed a 33\/220kV substation building structure at its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e6de37ef-b987-4ff2-a5ac-76303349d091\/\" style=\"\" rel=\"noopener\">500 MW Abydos solar plant<\/a> in Egypt last month. The solar plant \u2014 which secured funding in December 2022 \u2014 is scheduled to be completed in the middle of this year, and is being constructed under a build-own-operate framework.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/amea-power\/\">Amea Power<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83959\" 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=\"83959\">\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\">WAVE ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/omans-asyad-group-to-develop-wave-energy-generation-with-norways-havkraft\/\">\r\n                            Oman\u2019s Asyad Group to develop wave energy generation with Norway's Havkraft                        <\/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\/05\/02\/omans-asyad-group-to-develop-wave-energy-generation-with-norways-havkraft\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The agreement will allow Havkrafts\u2019s nearshore wave power plants to help integrate renewable energy into Asyad\u2019s operations to achieve net zero goals. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman\u2019s catching the tide:<\/strong> The sultanate\u2019s first wave energy pilot projects are expected to be launched within the next two years, Havkraft MENA Advisor and UK-based consultancy Translucidus Managing Director Matt Minshall said in an interview <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7f407966-4e17-45fe-bf37-7a0958248e41\" style=\"\" rel=\"noopener\">last October<\/a>. Translucidus <a target=\"_blank\" href=\"http:\/\/climate.enterprise.press\/stories\/2023\/03\/06\/algeria-launches-tenders-for-15-solar-plants-neom-and-maaden-receive-govt-incentives-98698\/\" style=\"\" rel=\"noopener\">joined forces<\/a> with Havkraft to establish Oman\u2019s first wave energy power generation facilities earlier in the year in March 2023. Oman\u2019s Transport Ministry and a consortium of companies inked <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/903880ff-3695-4983-b933-7b2d38f5e2d8\" style=\"\" rel=\"noopener\">agreements that same month<\/a> to extend feasibility studies for tidal power at the Masirah sea bridge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And wave power is catching on in the region:<\/strong> Moroccan start-up Advanced Third Age Renewable Energies Company (Atarec) has developed novel <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bc61b0ef-1c87-4e1f-9e3c-7c2b18a55db1\/moroccan-startup-atarec-unleashes%253cmark%253e-wave%253c%2Fmark%253e-energy-potential\" style=\"\" rel=\"noopener\">wave energy tech<\/a> that generates electricity from sea waves at port breakwaters and other maritime infrastructures. Atarec deployed a 7 kW advanced demonstrator of its wave energy tech \u2014 dubbed Wave Beat \u2014 at the Tanger-Med Port last December.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/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=\"83961\" 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=\"83961\">\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\">KUDOS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/fertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023\/\">\r\n                            Fertiglobe slashes nearly 3% of its energy consumption in 2023                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/fertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/fertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023\/')\">\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\/05\/02\/fertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023\/\">\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=Fertiglobe slashes nearly 3% of its energy consumption in 2023&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/fertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023\/\">\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\/05\/02\/fertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023\/&title=Fertiglobe slashes nearly 3% of its energy consumption in 2023\">\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=Fertiglobe+slashes+nearly+3%25+of+its+energy+consumption+in+2023+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F02%2Ffertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023%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\/05\/02\/fertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2079.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83962\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/fertiglobe-slashes-nearly-3-of-its-energy-consumption-in-2023\/2079-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2079.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2079.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2079.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2079.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83961\" class=\"content-area-description single-story post-83961 post type-post status-publish format-standard has-post-thumbnail hentry category-kudos tag-decarbonization tag-enterpriseclimate tag-fertiglobe tag-kudos 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\/5\/.c3e524a1-a573-4e21-af95-f448adaf26fb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fertiglobe achieved a nearly 3% reduction <\/strong><strong>in energy intensity in 2023 compared to 2022 despite a production increase<\/strong>, according to their <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/57.pdf\" style=\"\" rel=\"noopener\">sustainability report (pdf)<\/a>. This improvement, along with purchasing renewable energy certificates (EACs) for all their Egyptian and UAE facilities, marking 63% of the company's overall purchased electricity, helped cut Scope 2 emissions by an estimated 190k tonnes of CO2 equivalent. Overall greenhouse gas intensity also decreased by nearly 3% y-o-y to 2.94 tCO2e\/N-tons. The firm also managed to withdraw zero freshwater resources, reducing potential risk on scarce water resources. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/fertiglobe\/\">Fertiglobe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/kudos\/\">KUDOS<\/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=\"83963\" 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=\"83963\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/qatars-estithmar-explores-green-investments-in-morocco\/\">\r\n                            Qatar\u2019s Estithmar explores green investments in Morocco                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/qatars-estithmar-explores-green-investments-in-morocco\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/qatars-estithmar-explores-green-investments-in-morocco\/')\">\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\/05\/02\/qatars-estithmar-explores-green-investments-in-morocco\/\">\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=Qatar\u2019s Estithmar explores green investments in Morocco&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/qatars-estithmar-explores-green-investments-in-morocco\/\">\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\/05\/02\/qatars-estithmar-explores-green-investments-in-morocco\/&title=Qatar\u2019s Estithmar explores green investments in Morocco\">\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=Qatar%E2%80%99s+Estithmar+explores+green+investments+in+Morocco+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F02%2Fqatars-estithmar-explores-green-investments-in-morocco%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\/05\/02\/qatars-estithmar-explores-green-investments-in-morocco\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/129.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83964\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/qatars-estithmar-explores-green-investments-in-morocco\/129-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/129.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"129.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/129.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/129.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83963\" class=\"content-area-description single-story post-83963 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-morocco tag-oman tag-qatar 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\/5\/.aa2492df-abef-4a03-9a53-431ba4f9ebd0.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">INVESTMENT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar eyes renewables investment in Morocco:<\/strong> Qatar\u2019s <a target=\"_blank\" href=\"https:\/\/estithmarholding.com\/Home\" style=\"\" rel=\"noopener\">Estithmar Holding<\/a> is exploring investments in renewable energy, water management, and the marine sector in Morocco, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/equipement.eau.maroc\/posts\/pfbid033D1o31KbnEb8nYyqtBUCS2J1Ean5upVENb1dqDGRWjTrD2SzNLpMnHLtzHzevJPcl\" style=\"\" rel=\"noopener\">statement<\/a>. Estithmar will assess projects included in Morocco's water management strategy such as completing dam construction, establishing inter-basin water connection networks, and using renewable energy to power seawater desalination.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">GREEN FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE\u2019s Fils + TPS cooperate on greenifying Pakistan\u2019s banking sector: <\/strong>Dubai-based software developer Fils is partnering with global digital banking and payments solution provider <a target=\"_blank\" href=\"https:\/\/www.tpsworldwide.com\/solutions\/\" style=\"\" rel=\"noopener\">TPS<\/a> to provide its offerings in Pakistan, \u201cembedding climate action at the core of digital financial services,\u201d according to a <a target=\"_blank\" href=\"https:\/\/filsnow.com\/news\/fils-partners-with-tps-to-drive-sustainability-and-climate-action-in-pakistans-digital-banking-sector\/\" style=\"\" rel=\"noopener\">press release<\/a>. TPS's network will gain tools to track environmental impact, mitigate emissions, and report progress. The collaboration will allow access to carbon credits via TPS, while Fils\u2019 blockchain tech will ensure transparency in emissions and carbon credit tracking. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fils is active across the region:<\/strong> Fils's partnerships include <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/93cfd03d-1ec6-4ad4-9a13-cda3b136e8e1\/saint-gobain-10-mw-solar-powered-glass-factory-in-progress\" style=\"\" rel=\"noopener\">Saudi fintech Cashin KSA<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ba196a28-faf7-4c01-8318-27d46a35608b\/fintech-platforms-geidea-%2B%253cmark%253e-fils%253c%2Fmark%253e-team-up-to-offset-carbon-footprint-on-purchases\" style=\"\" rel=\"noopener\">Saudi SME fintech Geidea<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b0c9b270-90a3-4a5f-9d38-830587c5ecd7\/uae%25e2%2580%2599s-mashreq-launches-a-carbon-credit-platform-for-clients\" style=\"\" rel=\"noopener\">Emirati banking group Mashreq<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MINING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tadawul-listed miner <\/strong><strong>Almasane Alkobra<\/strong><strong> (Amak) was awarded a copper and zinc <\/strong><strong>exploration license from the Industry and Mineral Resources Ministry<\/strong>, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lY_RboIwFIafxQcwPWgs7JKNDVlQUXQqN6aWMyURSkpxc0-_VpYZ3Vxc04ue0-__z39IQhYkKdg-2zCViYLtdL1M6KrnUuj0HRhBf_oAFGKfzqaO5XUomZ8DzsCnMB6641HH7oH_AiT5lx7iqAfjp2jQDWECPtDb9HDluDfMT86RkXtn6wTP934Qul2H2pfALyteDPm5wxH4I2SMxXET-2rUwCJziZWoJUcy2aByi0LUBcccCxVmlfKYYmTMGd9iiHvcRWyDJDajWbrPKiErQ5Fl2zK9CrkS0iuD9LtzyNdiR5bmXUqR1lxNDyU2DSW0_de71MZx9qErCxorJvn2xJr_YZ2vUXprzZjWqxT5yYCZ5NzkbkTWqkmg8F3FR7OGS7UiQpkJnZGU-Wy2gCxoO2-P3dw5v26r9QlTUSX0\/dz\/d5\/L0lHSklna0tDbEVKSUtJS1VRb2dwUkEhIS9vSHdRQUVNSUFBQ0VFaGdDS000emxHWUVLVWxTVUtXdEcwWVdnQSEhLzRKQ2lqc1lwTWhUalVFNWxFbXQyVXR0TlF6VzdLVzFtbzVBIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9jb21wYW55U3ltYm9sLzEzMjIvZ2xvYmFsL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc5Njg5\/\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. Amak said it will conduct necessary exploration surveys to ensure the availability of copper and zinc at the concession area located next to the Guyan extension exploration license and the current Jabal Guyan gold mining license.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/qatar\/\">Qatar<\/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=\"83965\" 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=\"83965\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/microsoft-backs-10-5-gw-renewable-electricity-projects\/\">\r\n                            Microsoft backs 10.5 GW renewable electricity 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\/05\/02\/microsoft-backs-10-5-gw-renewable-electricity-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\/05\/02\/microsoft-backs-10-5-gw-renewable-electricity-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\/05\/02\/microsoft-backs-10-5-gw-renewable-electricity-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=Microsoft backs 10.5 GW renewable electricity projects&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/microsoft-backs-10-5-gw-renewable-electricity-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\/05\/02\/microsoft-backs-10-5-gw-renewable-electricity-projects\/&title=Microsoft backs 10.5 GW renewable electricity 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=Microsoft+backs+10.5+GW+renewable+electricity+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F02%2Fmicrosoft-backs-10-5-gw-renewable-electricity-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\/05\/02\/microsoft-backs-10-5-gw-renewable-electricity-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/132.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83966\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/microsoft-backs-10-5-gw-renewable-electricity-projects\/132-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/132.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"132.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/132.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/132.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83965\" class=\"content-area-description single-story post-83965 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterpriseclimate tag-eu tag-renewables tag-us 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\/5\/.fc9a73c7-37b5-46a6-8b0a-aa1583448913.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Microsoft to invest USD 10 bn in renewables projects:<\/strong> Tech giant Microsoft has committed USD 10 bn to support Brookfield Asset Management\u2019s renewable electricity projects with a total capacity of 10.5 GW, enough to power around 1.8 mn homes, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/70f3ce57-1d02-4aa9-a94f-d8d728671672\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports. The partnership will finance the development of wind and solar farms between 2026 and 2030, starting with the US and Europe, and the generated power will feed grids from which data centers draw energy. The agreement highlights the competition to fulfill clean energy obligations while meeting the substantial energy needs of cloud computing and artificial intelligence.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Australia moves forward on wind plans: <\/strong>Australia has approved feasibility studies for six offshore wind farm projects along its southern coast with six more pending approval following talks with Indigenous communities, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/australia-grants-feasibility-licences-offshore-wind-farms-2024-05-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. These initiatives, which include proposals by wind companies like Denmark's Orsted and Spain\u2019s Iberdrola, would collectively generate 25 GW of power, surpassing the current capacity in the state of Victoria. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/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\/us\/\">US<\/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=\"83967\" 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=\"83967\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/sydney-university-researchers-convert-landfill-gas-to-saf\/\">\r\n                            Sydney University researchers convert landfill gas to SAF                        <\/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\/05\/02\/sydney-university-researchers-convert-landfill-gas-to-saf\/\" 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\/05\/02\/sydney-university-researchers-convert-landfill-gas-to-saf\/')\">\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\/05\/02\/sydney-university-researchers-convert-landfill-gas-to-saf\/\">\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=Sydney University researchers convert landfill gas to SAF&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/sydney-university-researchers-convert-landfill-gas-to-saf\/\">\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\/05\/02\/sydney-university-researchers-convert-landfill-gas-to-saf\/&title=Sydney University researchers convert landfill gas to SAF\">\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=Sydney+University+researchers+convert+landfill+gas+to+SAF+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F02%2Fsydney-university-researchers-convert-landfill-gas-to-saf%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\/05\/02\/sydney-university-researchers-convert-landfill-gas-to-saf\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/51.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83968\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/sydney-university-researchers-convert-landfill-gas-to-saf\/51-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/51.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"51.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/51.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/51.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83967\" class=\"content-area-description single-story post-83967 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-tech tag-sustainable-aviation-fuels wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.434dec04-d136-4765-a924-e167be125abf.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Researchers from <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.sydney.edu.au\/\" style=\"\" rel=\"noopener\">Sydney University<\/a><\/strong><strong> have discovered a chemical process that <\/strong><strong>transforms landfill gasses into sustainable aviation fuel (SAF)<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/australian-researchers-eye-sustainable-aviation-fuel-landfill-gases-2024-04-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The method could help the aviation sector achieve its net zero carbon emissions goal by 2050 as well as cut landfill emissions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it works:<\/strong> Using non-thermal plasma technology, the scientists fire high-energy electrons into methane and carbon dioxide emissions from landfills causing hydrogen and carbon to bond. The process produces SAF and serves the dual purpose of reducing landfill emissions. \u201cIt redefines what we think of in terms of chemistry... I think the impact is very significant,\u201d Sydney University professor P.J. Cullen told Reuters. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-tech\/\">green tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainable-aviation-fuels\/\">sustainable aviation fuels<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"83969\" 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=\"83969\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/semiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough\/\">\r\n                            Semiconductor performance gets a 70% performance boost thanks to Cambridge University breakthrough                        <\/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\/05\/02\/semiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough\/\" 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\/05\/02\/semiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough\/')\">\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\/05\/02\/semiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough\/\">\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=Semiconductor performance gets a 70% performance boost thanks to Cambridge University breakthrough&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/semiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough\/\">\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\/05\/02\/semiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough\/&title=Semiconductor performance gets a 70% performance boost thanks to Cambridge University breakthrough\">\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=Semiconductor+performance+gets+a+70%25+performance+boost+thanks+to+Cambridge+University+breakthrough+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F02%2Fsemiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough%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\/05\/02\/semiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2193.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"83970\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/02\/semiconductor-performance-gets-a-70-performance-boost-thanks-to-cambridge-university-breakthrough\/2193-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2193.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2193.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2193.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2193.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83969\" class=\"content-area-description single-story post-83969 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseclimate tag-green-hydrogen tag-on-your-way-out 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\/5\/.40c6afcc-8da9-409b-966f-b911f021c941.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>University of Cambridge researchers have developed a tweak to the materials used in <\/strong><strong>semiconductors enabling a 70% performance boost<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.cam.ac.uk\/research\/news\/a-simple-twist-improves-the-engine-of-clean-fuel-generation\" style=\"\" rel=\"noopener\">press release<\/a>. The study found that orienting the crystal growth of copper oxide semiconductors diagonally can accelerate charge movement, resulting in significantly enhanced performance. Semiconductors play a pivotal role in the operation of electrolyzers used to convert water into clean hydrogen fuel using solar power.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it works: <\/strong><a target=\"_blank\" href=\"https:\/\/pubchem.ncbi.nlm.nih.gov\/compound\/Cuprous-Oxide\" style=\"\" rel=\"noopener\">Cuprous oxide<\/a>, although known for its potential as a cheap alternative to silicon, has performance limitations due to charge losses within the material. The Cambridge team tackled this issue by growing the crystals in a specific orientation, allowing electric charges to travel faster and further. This resulted in a substantial increase in performance and stability of the copper oxide light harvester, or photocathode, over existing oxide photocathodes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking forward: <\/strong>The research, supported by various international institutions, marks a step forward in the transition away from fossil fuels. While more research is needed, the findings demonstrate how low-cost materials can be optimized for efficient energy generation, which can play a vital role in the energy transition.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/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=\"83971\" 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\/05\/02\/83971\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-83971\" class=\"content-area-description single-story post-83971 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>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\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>Ma\u2019aden + PIF finalize Vale acquisition | 8GW more wind for Egypt | Masdar enters Bahrain renewables market | Oman catches onto wave energy<\/p>\n","protected":false},"featured_media":83946,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-83945","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"475148c4-02d8-4a8d-99dd-ba45b05e1a7d","teaser":"Ma\u2019aden + PIF finalize Vale acquisition | 8GW more wind for Egypt | Masdar enters Bahrain renewables market | Oman catches onto wave energy","photo_url":"https:\/\/ent.news\/2024\/2\/1159.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>Ma\u2019aden and PIF finalize 10% stake acquisition in Vale Base Metals - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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