{"id":84147,"date":"2024-05-14T00:00:00","date_gmt":"2024-05-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=84147"},"modified":"2025-12-15T10:48:16","modified_gmt":"2025-12-15T10:48:16","slug":"omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/","title":{"rendered":"Oman\u2019s Nama signs PPA agreement for the sultanate\u2019s largest desal plant"},"content":{"rendered":"<section id=\"84149\" 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=\"84149\">\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\/14\/today-nama-inks-ppa-for-omans-largest-desal-plant\/\">\r\n                            TODAY: Nama inks PPA for Oman\u2019s largest desal plant                        <\/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\/14\/today-nama-inks-ppa-for-omans-largest-desal-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Before we dive in, there\u2019s movement on the Biden front\u2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>Biden gives the US uranium fuel <\/strong><strong>industry a boost: <\/strong>The US will no longer import enriched uranium from Russia to fuel its nuclear power plants after President Joe Biden signed a ban into law yesterday. The move comes as the Biden administration seeks to curb financial outflows to Russia and apply pressure amid the war in Ukraine. The import ban will go into effect within three months allowing the US Department of Energy to issue waivers if supply concerns occur. The new legislature will also give a boost to the domestic uranium fuel industry by unlocking nearly USD 2.7 bn in funding. The US imports nearly 24% of the enriched uranium needed to run power plants from Russia and current domestic capacity supplies only 30% of the fuel needed by reactors in the US. <\/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:<font face=\"Arial\">&nbsp;<\/font><\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/biden-signs-ban-imports-russian-nuclear-reactor-fuel-into-law-2024-05-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-13\/biden-signs-ban-on-imports-of-russian-nuclear-reactor-fuel\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/business\/2024\/05\/13\/russian-uranium-imports-ban\/\" style=\"\" rel=\"noopener\">The Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/article\/2024\/may\/13\/biden-russian-uranium-imports-ban\" style=\"\" rel=\"noopener\">The Guardian<\/a> <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global development organization <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/hivos\/?originalSubdomain=nl\" style=\"\" rel=\"noopener\">Hivos<\/a><\/strong><strong> is hosting the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ggsummit.me\/\" style=\"\" rel=\"noopener\">Green Growth Summit<\/a><\/strong><strong> in Cairo <\/strong><strong>today.<\/strong> Private sector players, financial institutions, investors, donors, and policymakers will gather to discuss green exports, de-risking green investments, green jobs, green ambassadors, and green impact investing. <\/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>Turkey\u2019s Yildirim Energy to build 109 MW solar plant in Kosovo: <\/strong>Turkish utility giant Yildirim Energy will develop a 109 MW solar PV plant to power its ferronickel plants in Eastern Europe\u2019s Kosovo, according to a <a target=\"_blank\" href=\"https:\/\/www.yildirimgroup.com\/yildirim-energy-presents-major-solar-energy-investment-in-kosovo\" style=\"\" rel=\"noopener\">statement<\/a>. This plant \u2014 the first for the company in Kosovo \u2014 will cover all consumption demands of the ferronickel plant, the statement added. <a target=\"_blank\" href=\"https:\/\/www.merriam-webster.com\/dictionary\/ferronickel\" style=\"\" rel=\"noopener\">Ferronickel<\/a> is a crude alloy of iron and nickel sometimes used in making nickel steel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Yildirim Group:<\/strong> Yildirim Group is a family-owned conglomerate headquartered in Turkey with companies in mining and shipping, according to its <a target=\"_blank\" href=\"https:\/\/www.yildirimgroup.com\/energy-power\" style=\"\" rel=\"noopener\">website<\/a>. The company\u2019s energy subsidiary Yildrem Energy has plans to produce new solar power plants and to build wind and geothermal power projects across its markets, aiming at reaching 3 GW of energy production capacity by 2030, according to its website. The group has a solar subsidiary called Yilsolar<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>EU greenlights emissions-free truck mandate for 2040: <\/strong>EU nations have approved a law mandating a 90% cut in CO2 emissions from new heavy-duty vehicles sold in the EU by 2040, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/eu-countries-approve-law-slash-trucks-co2-emissions-2024-05-13\/#:~:text=BRUSSELS%2C%20May%2013%20(Reuters),2040%20to%20be%20emissions%2Dfree.\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The law stipulates truck manufacturers will have to sell a large share of fully CO2-free trucks \u2014 including electric vehicles and those running on hydrogen fuel \u2014 in order to offset any unsold CO2-emitting vehicles in 2040. The European Automobile Manufacturers' Association describes the policy as the \u201cworld's most ambitious,\u201d emphasizing the need for rapid infrastructure development, including 50k truck-suitable public electric charging points by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The transition will happen gradually:<\/strong> The law will phase-out emissions from trucks gradually, with targets set for a 45% emissions reduction by 2030 and 65% reduction by 2035. New buses sold will also have to cut emissions by 90% in 2030 and 100% in 2035. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Most of Europe is on board:<\/strong> Only Italy, Poland and Slovakia opposed the new policy, while Germany agreed to back the law following the addition of a preamble stating that the European Commission would consider counting trucks that run on CO2 neutral fuels towards the targets. The Czech Republic abstained from Monday\u2019s vote. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EU NEWS- EU seeks increase in electric grid funding: <\/strong>The EU is concerned that outdated electricity infrastructure could impede its green energy transition, prompting requests to the European Commission for increased power grid funding, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/world\/uk-and-europe\/eu-countries-to-seek-more-power-grid-funding-draft-document-shows-nreiyfls\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a draft document it saw. The bloc aims to expand power grids to accommodate renewable energy sources and EV charging stations by leveraging EU funds and support from the European Investment Bank. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The power sector is facing several obstacles: <\/strong>Current investments in grids fall short of the required EUR 584 bn, and delays in connecting green energy projects to existing grids highlight the urgency for upgrades, the news outlet writes. Disagreements also persist among EU members regarding cost-sharing for large-scale cross-border projects like offshore wind farms. <\/p>\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The world\u2019s biggest banks back fossil <\/strong><strong>fuel industry:&nbsp;<\/strong>The largest banks in the world doled out USD 6.9 tn in funding for fossil fuels since the 2015 Paris climate agreement, according to a new <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/910.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> by <a target=\"_blank\" href=\"https:\/\/www.bankingonclimatechaos.org\/\" style=\"\" rel=\"noopener\">Banking on Climate Chaos<\/a>. US banks accounted for 30% of the total USD 705 bn provided in 2023 alone, with JP Morgan Chase giving the most worldwide at USD 40.8 bn. Japan\u2019s Mizuho came in second at USD 37.1 bn, while Bank of America followed. European banks made up more than a quarter of fossil fuel financing last year. The UK\u2019s Barclays provided USD 24.2 bn, giving it the top spot in Europe. It was followed by Spain's Santander at USD 14.5 bn and Germany\u2019s Deutsche Bank with USD 13.4bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story was picked up by <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/92e59d2a-1b8d-4e19-a5b6-4278820d0f24\" style=\"\" rel=\"noopener\">The Financial Times<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/environment\/article\/2024\/may\/13\/banks-almost-7tn-fossil-fuel-firms-paris-deal-report\" style=\"\" rel=\"noopener\">The Guardian<\/a><\/strong><strong>, and&nbsp;<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/feliciajackson\/2024\/05\/13\/banks-back-fossil-fuels-with-71-trillion\/?sh=3712087f7c75\" style=\"\" rel=\"noopener\">Forbes<\/a><\/strong><strong>.<\/strong><\/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>Biodiversity <\/strong><strong>loss is one of the primary environmental factors driving the increase <\/strong><strong>in infectious disease outbreaks, <\/strong><a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/environment\/article\/2024\/may\/09\/biodiversity-loss-is-biggest-driver-of-infectious-disease-outbreaks-says-study\" style=\"\" rel=\"noopener\">The Guardian<\/a> reports, citing a <a target=\"_blank\" href=\"https:\/\/www.nature.com\/articles\/s41586-024-07380-6.epdf?sharing_token=kcoFZu6f_6vAVIsiJ78fN9RgN0jAjWel9jnR3ZoTv0MeMi5ieSwUgJ_3FW8C16mSVT02VUT451M6u5_-COiT8T6_nnVYS3WzEHTZzGOkfKbmM5iDuADuMrpbEmz3g5H3JUl0Jr4Z0c2mWX2K4pct71T81wiSS-JleVzGnHab91fPCbBRZsm2dOdQGwR8AkK4f_Jvv-1whcaIfuw9-PP66bbLrUAROTK4AKFsN6PKhQpWUHh_OMyiCMxvZ5MbIZdwlgos3_Gw-MNttYUJUfk-XdoEws18RpXvTjiqSGtJ9Dx_5ctzO5lJXf5C8623fXWAYG5vkqP1ZDsiwHmgSQbk6f0JYVpSlSZIjmD9_OaaxS6XO6dqbq453zSGNajyThle&amp;tracking_referrer=www.theguardian.com\" style=\"\" rel=\"noopener\">study<\/a> published in Nature Journal. The research \u2014 conducted by the University of Notre Dame and Brazil's Fiocruz Institute \u2014 analyzed nearly 1k studies and found that the loss of species poses the greatest risk for disease spread, followed by climate change and the introduction of non-native species. The focus on zoonotic diseases \u2014 which are transmitted from animals to humans \u2014 has intensified following the Covid-19 pandemic, with 75% of emerging human diseases being zoonotic. The researchers suggest that actions like reducing emissions, curbing biodiversity loss, and preventing invasive species could mitigate disease burdens globally.<\/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>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 in line 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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/futureaviationforum.com\/en\" style=\"\" rel=\"noopener\">Future Aviation Forum<\/a><\/strong><strong> from Monday, 20 May to <\/strong><strong>Wednesday, 22 May<\/strong> in Riyadh. The event, organized by the General Authority of Civil Aviation, will see the Kingdom showcasing some USD 100 bn worth of investment options in the aviation and logistics sector at large.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/bondsloans.com\/events\/middle-east\" style=\"\" rel=\"noopener\">Bonds, Loans &amp; Sukuk Middle East<\/a><\/strong><strong> event from Tuesday, 4 June to <\/strong><strong>Wednesday, 5 June<\/strong> in Dubai. Billed as the Middle East's largest corporate and investment banking event, it serves as a key meeting point for those active in the region's capital markets. Over 1.4k governments, corporates, investors, banks, law firms, regulators and service providers as well as more than 75 expert speakers will be in attendance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/eem24.khas.edu.tr\/\" style=\"\" rel=\"noopener\">International Conference on European Energy Market<\/a><\/strong><strong>, from Monday, <\/strong><strong>10 June to Wednesday, 12 June<\/strong> in Istanbul. The three-day event will gather experts from scientific, industry, and policy sectors for discussions on various energy market-related topics. The conference covers themes including energy modeling, market design, regulatory policies, and climate change.<\/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\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84151\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84152\" 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=\"84152\">\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\">DESALINATION<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/\">\r\n                            Oman\u2019s Nama signs PPA agreement for the sultanate\u2019s largest desal plant                        <\/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\/14\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/\" 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\/14\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/')\">\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\/14\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/\">\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=Oman\u2019s Nama signs PPA agreement for the sultanate\u2019s largest desal plant&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/\">\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\/14\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/&title=Oman\u2019s Nama signs PPA agreement for the sultanate\u2019s largest desal plant\">\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=Oman%E2%80%99s+Nama+signs+PPA+agreement+for+the+sultanate%E2%80%99s+largest+desal+plant+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F14%2Fomans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant%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\/14\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2204.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84153\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/omans-nama-signs-ppa-agreement-for-the-sultanates-largest-desal-plant\/2204-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2204.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2204.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2204.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2204.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84152\" class=\"content-area-description single-story post-84152 post type-post status-publish format-standard has-post-thumbnail hentry category-desalination tag-desalination tag-enterpriseclimate tag-nama tag-oman wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.cfa57939-3f0b-4147-8d77-2ea4d5b1b62c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Nama to construct USD 325 mn desalination plant in Oman: <\/strong>Nama Power and Water Procurement Company (Nama PWP) has signed an PPA agreement with a consortium of three local and international companies \u2014 <a target=\"_blank\" href=\"https:\/\/www.sogexoman.com\/\" style=\"\" rel=\"noopener\">Sogex Oman<\/a>, Spain\u2019s <a target=\"_blank\" href=\"https:\/\/inima.com\/en\/\" style=\"\" rel=\"noopener\">GS Inima<\/a>, and Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/www.aljomaih.com\/en\/aljomaih-energy-and-water-company\" style=\"\" rel=\"noopener\">Al Jomaih<\/a><a target=\"_blank\" href=\"https:\/\/www.aljomaih.com\/en\/aljomaih-energy-and-water-company\" style=\"\" rel=\"noopener\">Energy and Water<\/a> \u2014 for the third phase of a OMR 125 mn (c. USD 325 mn) desalination plant in Al Ghubrah city, according to a statement <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/opwp_under-the-patronage-of-his-excellency-dr-activity-7195433059570139137-kYap\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=7e-fO3_iNns\" style=\"\" rel=\"noopener\">here<\/a><a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=7e-fO3_iNns\" style=\"\" rel=\"noopener\">(watch runtime: 5:11<\/a><a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=7e-fO3_iNns\" style=\"\" rel=\"noopener\">)<\/a>. Nama PWP will also build a potable water reservoir as part of the project. The goal is to ensure water security in Muscat and the surrounding provinces. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The project \u2014 dubbed the Ghubrah 3 desalination plant \u2014 will have a production capacity of 300k cubic meters per day and is set to be the largest desal plant in Oman at 70.4k square meters. It is expected to begin operations in 1Q 2027. The consortium will carry out the construction works under the JV The Capital Desalination Company, which is chaired by GS Inima\u2019s CEO Marta Verde. The project is set to be the largest desalination plant in Oman \u2014 located on a land area of 70.4k sqm.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nama is transitioning to renewables: <\/strong>Nama is establishing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0b795b98-4cd4-406f-b00d-4bef0dcd0141\/oman%25e2%2580%2599s-hydrom-talks-green-hydrogen-and-ammonia-exports-with-germany%25e2%2580%2599s-vng\" style=\"\" rel=\"noopener\">hydrogen infrastructure company<\/a> with Hydrom, OQ Gas Networks, and the Oman Electricity Transmission Company. The company has also opened pre-qualification requests for five new <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/070facb2-6aa1-442f-8bf3-40051cc02ce1\/uae%25e2%2580%2599s-moei-partners-with-lootah-on-biofuels-development-%2B-oman-gears-up-for-a-mega-wind-tender\" style=\"\" rel=\"noopener\">independent power producer (IPP) wind projects<\/a> in Oman with a total capacity of over 1 GW. Nama PWP also has waste-to-energy (WtE) plans in the works, and is studying the feasibility of producing biogas from wastewater sludge as a promising WtE initiative. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And is already on its way:<\/strong> InfraCo \u2014 a new shared hydrogen infrastructure company under establishment by Nama Water Services, Hydrogen Oman, OQ Gas Networks, and the Oman Electricity Transmission Company \u2014 are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dfaeccec-75a0-4f73-8745-3124c9492a04\/we-have-more-details-on-hydrom%25e2%2580%2599s-new-hydrogen-infrastructure-company\" style=\"\" rel=\"noopener\">working on building infrastructure<\/a> for green hydrogen projects across the Al Wusta and Dhofar governorates, including desalinated water supply systems to power hydrogen production sites. Nama also signed an agreement with TotalEnergies to build a 17 MW solar project to power its Sur desalination plant under a JV with France\u2019s Veolia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER NAMA NEWS-<\/strong><strong>Oman <\/strong><strong>launches energy mix study: <\/strong>Nama PWP is implementing a strategic study to determine the optimal mix of energy resources for the next 15 years, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1153553\/business\/energy\/oman-launches-strategic-study-on-energy-mix-storage-options\" style=\"\" rel=\"noopener\">Oman Observer<\/a> reports. The study \u2014 titled the Optimum Energy Mix and Storage study \u2014 will also explore energy storage technologies, and is part of a larger program by Oman to support the large-scale adoption of solar and wind projects, enhancing energy efficiency, and supporting the digitalization of services. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cPWP commissioned a strategic study in coordination with different stakeholders to model and analyze scenarios relating to the transition path for Oman\u2019s generation mix until 2040, with a particular focus on the transition from today\u2019s predominantly gas-based system to a mixed system,\u201d CEO Ahmed bin Salim al Abri said.<\/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\/desalination\/\">DESALINATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nama\/\">Nama<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84154 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"84154\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/84154\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84154\" class=\"content-area-description single-story post-84154 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareiph.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2023\/05\/infinity-enterprise1600px-scaled.jpg\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84155\" 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=\"84155\">\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\">ENTERPRISE EXPLAINS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/is-direct-air-capture-an-effective-decarbonization-tool\/\">\r\n                            Is Direct Air Capture an effective decarbonization tool?                        <\/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\/14\/is-direct-air-capture-an-effective-decarbonization-tool\/\" 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 plant is set to capture up to 36k tons of CO2 annually \u2014 ten times larger than its predecessor plant Orca. Despite representing a major milestone for DAC tech, the capacity is negligible compared to the <a target=\"_blank\" href=\"https:\/\/climate.mit.edu\/ask-mit\/how-much-carbon-dioxide-would-we-have-remove-air-counteract-climate-change\" style=\"\" rel=\"noopener\">20 bn tons<\/a> of CO2 that needs to be captured annually to offset global emissions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How does Direct Air Capture work?<\/strong> Direct air capture (DAC) is a <a target=\"_blank\" href=\"https:\/\/www.wri.org\/insights\/direct-air-capture-resource-considerations-and-costs-carbon-removal\" style=\"\" rel=\"noopener\">process<\/a> of capturing CO2 directly from the atmosphere using chemical reactions. It can be set up at any location \u2014 unlike regular carbon capture which is carried out at the point of emissions such as factories. DAC uses solvents that selectively react with and trap CO2 which is then injected and stored in deep geological formations or sold and used for various applications including manufacturing synthetic aviation fuels and building materials. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Proponents of DAC argue the tech could accelerate decarbonization: <\/strong>DAC can mitigate the effects of rising temperatures by actively reducing the CO2 in the atmosphere. When deployed, the 130 DAC facilities currently at various stages of development, would capture 75 Mt of CO2 per year, which is the level required in 2030 under the <a target=\"_blank\" href=\"https:\/\/www.iea.org\/reports\/global-energy-and-climate-model\/net-zero-emissions-by-2050-scenario-nze\" style=\"\" rel=\"noopener\">Net Zero Emissions by 2050 (NZE) Scenario<\/a>. DAC is also considered an efficient form of carbon capture in terms of required land as it can capture up to <a target=\"_blank\" href=\"https:\/\/climeworks.com\/direct-air-capture\" style=\"\" rel=\"noopener\">1000x<\/a> CO2 than reforestation in the same land space. It\u2019s also based on a modular tech design, making it highly scalable and measurable. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But oil and gas are hijacking the tech to continue production, scientists warn<\/strong><strong>: <\/strong>Scientists warned that DAC should not distract attention from other mitigation measures \u2014 especially reducing fossil fuel use \u2014 to efficiently cut emissions. Carbon capture \u2014 including DAC \u2014 has been primarily used by oil and gas industries for enhanced oil recovery, a technique that injects CO2 into oil fields to extract more oil, effectively leading to a net increase in atmospheric CO2, according to <a target=\"_blank\" href=\"https:\/\/www.scientificamerican.com\/article\/the-false-promise-of-carbon-capture-as-a-climate-solution\/\" style=\"\" rel=\"noopener\">Scientific American<\/a>. While the technology promises to address emissions from industries like steel, cement, and chemicals, its large-scale effectiveness <a target=\"_blank\" href=\"https:\/\/www.politico.eu\/article\/eu-deploy-fossil-firm-clean-up-carbon\/\" style=\"\" rel=\"noopener\">remains unproven<\/a>, especially as some countries such as the EU have set carbon capture goals without setting specific targets for the number of facilities needed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Commercialization challenges:<\/strong> DAC is <a target=\"_blank\" href=\"https:\/\/globalenergyprize.org\/en\/2024\/02\/24\/direct-co2-capture-from-air-remains-more-expensive-than-ccus-technologies\/\" style=\"\" rel=\"noopener\">more expensive per ton<\/a> of CO2-removed than other approaches of carbon capture making it highly financially unsustainable. The CO2 in the air is more diluted than directly at high-emission factories and this contributes to DAC\u2019s higher energy needs. Energy sources need to be zero- or very low-carbon which is expensive to maximize net CO2 capture. Some have also <a target=\"_blank\" href=\"https:\/\/www.foodandwaterwatch.org\/2023\/01\/19\/direct-air-capture-climate-scam\/\" style=\"\" rel=\"noopener\">voiced concerns<\/a> about the toxicity of the solvents used in the process and the risks of long-term storage solutions. Most of the announced DAC facilities are still in the early stages of development and can\u2019t be operational or reach final investment status without further development of market policies and mechanisms to create demand. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Regional countries started adopting various methods of carbon capture to achieve their net-zero goals<\/strong>, especially Gulf states which are expected to continue tapping into their <a target=\"_blank\" href=\"https:\/\/www.mei.edu\/publications\/gcc-and-road-net-zero\" style=\"\" rel=\"noopener\">oil and gas reserves<\/a> for the next 20-100 years. Gulf states are trying to minimize the emissions from these fuels using technologies such as carbon capture and storage (CCS), converting hydrocarbons to hydrogen, ammonia, or CO2 using direct air capture. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA is among the regional investors in DAC:<\/strong> Saudi Arabia \u2014 which set a bar in efforts to cut emissions with a carbon-capture target of 44 mn tons a year by 2035 \u2014 <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/saudi-arabias-first-direct-air-capture-plant-is-in-design-stage-op58eifg\" style=\"\" rel=\"noopener\">announced<\/a> its is designing its first DAC plant in 2022. The King Abdullah Petroleum Studies and Research Center also <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/w1937302\" style=\"\" rel=\"noopener\">signed an MoU<\/a> with the Institute of Energy Economics, Japan in July to collaborate on energy and climate efforts including DACs. Saudi\u2019s Aramco Ventures participated in a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1a6539b4-9a45-428a-98fb-195caca4c083\/\" style=\"\" rel=\"noopener\">USD 80 mn funding round<\/a> for US-based climate tech company CarbonCapture, marking one of the largest investments into the technology. Aramco also joined forces with Siemens Energy to develop a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c4f5f142-3e4e-41d5-be7b-6c6eaca21cd0\/\" style=\"\" rel=\"noopener\">DAC test unit<\/a> in the country\u2019s Dharan city.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE followed suit: <\/strong>UAE\u2019s Adnoc signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c6ee7b70-9072-4ae6-816b-4cb7c900de28\/\" style=\"\" rel=\"noopener\">strategic collaboration agreement<\/a> with Occidental Petroleum to explore potential investment opportunities in CCS hubs in the UAE and the US, last month. The carbon capture program, which will include potential investment in CCUS and DAC, is part of an initial USD 15 bn decarbonization investment in low-carbon solutions to reach Adnoc\u2019s <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/Sustainability-Net-Zero\" style=\"\" rel=\"noopener\">Net-Zero<\/a> by 2045.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman has its own DAC projects: <\/strong>The Sultanate gained attention for its potential to host large-scale carbon capture projects, according to an International Energy Agency's (IEA) <a target=\"_blank\" href=\"https:\/\/iea.blob.core.windows.net\/assets\/394736bd-d54d-4107-be7c-975689f2d733\/RenewableHydrogenfromOman.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> last June<strong>. <\/strong>44.01 and DAC company <a target=\"_blank\" href=\"https:\/\/www.aircapture.com\/\" style=\"\" rel=\"noopener\">Aircapture<\/a> are working on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1c26bc07-e150-4089-8073-9d1a7f1c0154\/\" style=\"\" rel=\"noopener\">DAC and mineralization<\/a> project in Oman. The companies will break ground on the project in Oman\u2019s Hajar mountains in late 2024, using and upscaling the use of peridotite mineralization in reducing atmospheric CO2 levels. The project will have the capacity to deliver 500 tons of liquid CO2 annually with plans to increase the capacity later on.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Climeworks is also working with the sultanate: <\/strong>The company is partnering with Omani startup <a target=\"_blank\" href=\"https:\/\/4401.earth\/\" style=\"\" rel=\"noopener\">44.01<\/a> in June to study the <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1138917\/business\/economy\/promising-potential-for-direct-air-capture-deployment-in-oman\" style=\"\" rel=\"noopener\">deployment of<\/a><a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1138917\/business\/economy\/promising-potential-for-direct-air-capture-deployment-in-oman\" style=\"\" rel=\"noopener\">DAC<\/a> with storage in peridotite formations in the sultanate. Climeworks is also working on developing multiple megaton hubs in the US funded by over USD 600 mn from the US Department of Energy, and is exploring potential DAC+S sites in Norway, Kenya, and Canada. The company\u2019s roadmap includes achieving megaton carbon removal capacity by 2030 and gigaton scale by 2050, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DAC is being globally adopted:<\/strong> The US Department of Energy <a target=\"_blank\" href=\"https:\/\/www.science.org\/content\/article\/us-unveils-plans-for-large-facilities-to-capture-carbon-directly-from-air\" style=\"\" rel=\"noopener\">announce<\/a><a target=\"_blank\" href=\"https:\/\/www.science.org\/content\/article\/us-unveils-plans-for-large-facilities-to-capture-carbon-directly-from-air\" style=\"\" rel=\"noopener\">d<\/a> spending USD 1.2 bn on two DAC facilities in Texas and Louisiana in August, and Amazon already <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/amazon-makes-first-investment-direct-air-capture-climate-technology-2023-09-12\/\" style=\"\" rel=\"noopener\">committed<\/a> to purchasing 250k carbon from the 1PointFive (DAC) plant in Texas over 10 years. DAC is also included in the <a target=\"_blank\" href=\"https:\/\/www.globalccsinstitute.com\/news-media\/latest-news\/the-european-commissions-net-zero-industry-act-seeks-to-drive-co2-storage-in-europe\/\" style=\"\" rel=\"noopener\">European Commission's<\/a> goal to store up to 50 Mt of CO2 a year by 2030. Japan\u2019s <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/japan-sets-carbon-capture-roadmap-with-6-12-mln-tonneyear-target-by-2030-2023-01-26\/\" style=\"\" rel=\"noopener\">plans<\/a> to capture 6-12 Mt of CO2 per year by 2030 through the help of DAC plants. The UK dedicated <a target=\"_blank\" href=\"https:\/\/www.globalccsinstitute.com\/news-media\/press-room\/media-releases\/the-uk-government-unveils-significant-ccs-funding-in-2023-spring-budget\/#:~:text=The%20Global%20CCS%20Institute%20welcomes,CCS%20projects%20across%20the%20UK.\" style=\"\" rel=\"noopener\">GBP 20 bn<\/a> to CCUS applications and DAC in its annual budget in 2022. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- CO2 is on the rise:<\/strong> A US observatory saw a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/148de9d0-5b4f-4477-94f5-5e2ab6976912\/today:-another-blockbuster-green-sukuk-issuance-for-al-rajhi\" style=\"\" rel=\"noopener\">record-breaking y-o-y increase<\/a> in CO2 concentration in March of 4.7 parts per mn (ppm) compared to last year to reach 426 ppm \u2014 inching closer to the <a target=\"_blank\" href=\"https:\/\/www.eea.europa.eu\/en\/analysis\/indicators\/atmospheric-greenhouse-gas-concentrations\" style=\"\" rel=\"noopener\">465 ppm limit<\/a> to keep temperatures 1.5\u00b0C. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">With the addition of Mammoth, there are now 28 DAC plants commissioned globally, capturing only 0.01\u202fmetric tons (Mt) of CO2 per year, according to the <a target=\"_blank\" href=\"https:\/\/www.iea.org\/energy-system\/carbon-capture-utilisation-and-storage\/direct-air-capture\" style=\"\" rel=\"noopener\">International Energy Agency (IEA)<\/a>, which recorded a <a target=\"_blank\" href=\"https:\/\/www.iea.org\/reports\/co2-emissions-in-2023\/executive-summary\" style=\"\" rel=\"noopener\">1.1% increase<\/a> in CO2 emissions \u2014 equivalent to 410 Mt \u2014 in 2023 to reach a new record high of 37.4 bn tons (Gt).<\/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\/enterprise-explains\/\">ENTERPRISE EXPLAINS<\/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\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84157\" 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=\"84157\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/uae-and-mauritius-strengthen-energy-cooperation\/\">\r\n                            UAE and Mauritius strengthen energy cooperation                        <\/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\/14\/uae-and-mauritius-strengthen-energy-cooperation\/\" 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\/14\/uae-and-mauritius-strengthen-energy-cooperation\/')\">\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\/14\/uae-and-mauritius-strengthen-energy-cooperation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE and Mauritius strengthen energy cooperation&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/uae-and-mauritius-strengthen-energy-cooperation\/\">\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\/14\/uae-and-mauritius-strengthen-energy-cooperation\/&title=UAE and Mauritius strengthen energy cooperation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE+and+Mauritius+strengthen+energy+cooperation+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F14%2Fuae-and-mauritius-strengthen-energy-cooperation%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\/14\/uae-and-mauritius-strengthen-energy-cooperation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/940.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84158\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/uae-and-mauritius-strengthen-energy-cooperation\/940-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/940.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"940.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/940.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/940.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84157\" class=\"content-area-description single-story post-84157 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-climate-diplomacy tag-enterpriseclimate tag-renewables tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.3142659a-fc34-41d4-9277-50e586da5b09.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE inked an MoU with Mauritius to boost cooperation in energy, renewables, <\/strong><strong>hydrogen, energy efficiency, desalination, and water management<\/strong>, <a target=\"_blank\" rel=\"noopener\">Wam<\/a> reports. Signed between the energy and infrastructure ministry and the Mauritian energy and public utilities ministry, the MoU will see the two countries explore striking public-private partnership and independent power producer agreements to develop joint projects. <\/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-diplomacy\/\">CLIMATE DIPLOMACY<\/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\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84159\" 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=\"84159\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/uaes-district-cooling-giants-partner-on-efficiency\/\">\r\n                            UAE\u2019s district cooling giants partner on efficiency                        <\/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\/14\/uaes-district-cooling-giants-partner-on-efficiency\/\" 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\/14\/uaes-district-cooling-giants-partner-on-efficiency\/')\">\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\/14\/uaes-district-cooling-giants-partner-on-efficiency\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE\u2019s district cooling giants partner on efficiency&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/uaes-district-cooling-giants-partner-on-efficiency\/\">\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\/14\/uaes-district-cooling-giants-partner-on-efficiency\/&title=UAE\u2019s district cooling giants partner on efficiency\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%E2%80%99s+district+cooling+giants+partner+on+efficiency+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F14%2Fuaes-district-cooling-giants-partner-on-efficiency%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\/14\/uaes-district-cooling-giants-partner-on-efficiency\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/924.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84160\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/uaes-district-cooling-giants-partner-on-efficiency\/924-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/924.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"924.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/924.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/924.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84159\" class=\"content-area-description single-story post-84159 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-blue-carbon tag-district-cooling tag-empower tag-enterpriseclimate tag-evs tag-mangroves tag-tabreed 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\/.b85dec4b-d846-490a-bfad-0415f7ac0ef5.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\">DISTRICT COOLING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE <\/strong><strong>to boost district cooling efficiency: <\/strong>The UAE\u2019s Energy and Infrastructure Ministry has signed three cooperation agreements with Empower Energy Solutions, Emirates District Cooling (Emicool), and the National Central Cooling Company (Tabreed) to improve its district cooling efficiency, according to a <a target=\"_blank\" href=\"https:\/\/twitter.com\/MOEIUAE\/status\/1789886095548621032\" style=\"\" rel=\"noopener\">statement<\/a>. The agreements aim to reduce cooling costs and demand and boost the integration of renewables in the cooling infrastructure cycle.<\/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\">CARBON MARKETS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ITFC + RVCMC explore blue carbon credits in the Maldives:<\/strong> The International Islamic Trade Finance Corporation (ITFC) and the Regional Voluntary Carbon Market Company (RVCMC) have signed an MoU to support sustainability goals in the Maldives by assessing the feasibility of blue carbon credits, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2101295\" style=\"\" rel=\"noopener\">SPA<\/a> reported. The agreement will assess the potential of generating blue carbon credits from the Maldives coastal ecosystem of mangroves and seagrass. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Egypt launching EV cabs in New Capital: <\/strong>Egypt\u2019s Ministry of Transportation will launch 10 electric taxis in the New Administrative Capital on Wednesday. This will be a trial run of the project\u2019s first phase, which will make 145 electric vehicles available for use. (<a target=\"_blank\" href=\"https:\/\/www.masrawy.com\/news\/masrawytv\/details\/2024\/5\/12\/2581188\/%D8%AA%D8%AC%D8%B1%D8%A8%D8%A9-%D9%86%D9%82%D9%84-%D8%B0%D9%83%D9%8A%D8%A9-%D8%A5%D8%B7%D9%84%D8%A7%D9%82-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A%D8%A9-%D9%84%D8%AE%D8%AF%D9%85%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D8%B5%D9%85%D8%A9-%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9#google_vignette\" style=\"\" rel=\"noopener\">Masrawy<\/a>)<\/li>\n<li><strong>Fils<\/strong><strong> + AFS partner on sustainable digital transformation:<\/strong> The UAE's Fils is partnering with Arab Financial Services (AFS) to integrate sustainability into business operations and financial transactions in the Middle East. The partnership will focus on green financial products, industry leadership in sustainability, and setting new standards for responsible finance. (<a target=\"_blank\" href=\"https:\/\/filsnow.com\/news\/fils-and-arab-financial-services-afs-forge-strategic-partnership-to-drive-sustainable-digital-transformation-in-the-mena-region\/\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>UAE solar power project in Yemen: <\/strong>The UAE\u2019s EPC contractor <a target=\"_blank\" href=\"https:\/\/empintl.com\/\" style=\"\" rel=\"noopener\">Electromeca<\/a><a target=\"_blank\" href=\"https:\/\/empintl.com\/\" style=\"\" rel=\"noopener\">International Projects<\/a> has inaugurated a solar energy station in Shabwa, Yemen, the third of its kind provided to Yemen by the UAE. The unit is equipped with a conversion station and 19 km-long high-tension lines. (<a target=\"_blank\" href=\"https:\/\/sbhcenter.com\/en\/news\/renewable-energy-102\/\" style=\"\" rel=\"noopener\">IAFES<\/a>)<\/li>\n<li><strong>Bahrain + UAE team up to reduce electricity consumption:<\/strong> Bahrain\u2019s Electricity and Water Authority (EWA) has partnered with Dewa subsidiary Etihad Energy Services Company (Etihad Esco) to implement the Kafa'a program, which involves reducing electricity consumption in high-consumption buildings in the public and private sectors. (<a target=\"_blank\" href=\"https:\/\/www.dewa.gov.ae\/en\/about-us\/media-publications\/latest-news\/2024\/05\/ewa-signs-agreement-with-etihad-energy-services-to-implement-the-kafaa-programme\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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\/blue-carbon\/\">Blue Carbon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/district-cooling\/\">district cooling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/empower\/\">Empower<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mangroves\/\">mangroves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tabreed\/\">Tabreed<\/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=\"84161\" 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=\"84161\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/yara-to-buy-green-ammonia-from-greenko-zeroc\/\">\r\n                            Yara to buy green ammonia from Greenko ZeroC                        <\/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\/14\/yara-to-buy-green-ammonia-from-greenko-zeroc\/\" 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\/14\/yara-to-buy-green-ammonia-from-greenko-zeroc\/')\">\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\/14\/yara-to-buy-green-ammonia-from-greenko-zeroc\/\">\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=Yara to buy green ammonia from Greenko ZeroC&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/yara-to-buy-green-ammonia-from-greenko-zeroc\/\">\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\/14\/yara-to-buy-green-ammonia-from-greenko-zeroc\/&title=Yara to buy green ammonia from Greenko ZeroC\">\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=Yara+to+buy+green+ammonia+from+Greenko+ZeroC+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F14%2Fyara-to-buy-green-ammonia-from-greenko-zeroc%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\/14\/yara-to-buy-green-ammonia-from-greenko-zeroc\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/928.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84162\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/yara-to-buy-green-ammonia-from-greenko-zeroc\/928-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/928.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"928.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/928.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/928.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84161\" class=\"content-area-description single-story post-84161 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterpriseclimate tag-green-ammonia 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\/.078d805f-e3a8-440b-b1ae-d6722794a791.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Yara <\/strong><strong>lines up another ammonia agreement:<\/strong> Norway's fertilizer manufacturer Yara Clean Ammonia has signed a term sheet with AM Green's green ammonia production division <a target=\"_blank\" href=\"https:\/\/greenkogroup.com\/IR2021-22\/message-from-coo-zeroc.php\" style=\"\" rel=\"noopener\">Greenko ZeroC<\/a> for the supply of green ammonia from India, according to a <a target=\"_blank\" href=\"https:\/\/www.yara.com\/corporate-releases\/yara-clean-ammonia-and-am-green-earlier-greenko-zeroc-sign-term-sheet-for-sale-of-renewable-ammonia-from-india-to-yara-clean-ammonias-global-market\/\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement covers the long-term supply of up to 50% of renewable ammonia from Phase 1 of AM Green's facility in Kakinada, which will produce and export renewable ammonia by 2027. The ammonia will be compliant with EU RFNBO and Renewable Energy Directive requirements, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Yara is also buying from the region: <\/strong>The company signed an agreement in March with Green Hydrogen and Chemicals Company (GHC) \u2014 a subsidiary of Indian renewable energy company Acme Cleantech \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/eec24c69-7a61-4a67-baad-818cf846598e\" style=\"\" rel=\"noopener\">to buy 100k tons of green ammonia<\/a> annually from its Oman plant.<\/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>Equinor urged by investors to meet climate goals:&nbsp;<\/strong>Norwegian energy giant Equinor is being pressed by two of its top ten investors \u2014 Luxembourg-based <a target=\"_blank\" href=\"https:\/\/www.storebrand.com\/sam\/international\/asset-management\/\" style=\"\" rel=\"noopener\">Storebrand Asset Management<\/a> and Norwegian Pension Company <a target=\"_blank\" href=\"https:\/\/www.klp.no\/en\" style=\"\" rel=\"noopener\">KLP<\/a> \u2014 to align its strategy with global climate goals outlined in the Paris Agreement, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/independent-investors-urge-equinor-align-strategy-with-climate-goals-2024-05-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. UK-based global investment manager Sarasin &amp; Partners is leading the charge against Equinor, which calls for the company to reveal details on how it plans to adhere to climate goals when developing new gas and oil reserves. Equinor <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/37bbaa03-e6d8-4463-9a55-f7d89dfac9f4\/today:-sipchem-gets-feedstock-allocation-approval-%2B-lucid-group-opens-the-doors-to-its-first-overseas-facility-in-ksa\" style=\"\" rel=\"noopener\">came under fire<\/a> last year after the firm won development rights for the largest untapped oil drilling project which would generate CO2 emissions equivalent to 56 coal-fired power stations for a year. The company is expected to reach a decision today at its general meeting. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More investors are pushing for revised climate plans:<\/strong> Australia\u2019s largest oil and gas company Woodside Energy faced <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/woodside-activist-investors-prepare-hotly-contested-climate-battle-agm-2024-04-23\/\" style=\"\" rel=\"noopener\">pushback<\/a> from investors on its climate plan last month. Industry giant Shell also urged shareholders to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/shell-urges-investors-reject-shareholder-groups-climate-demands-2024-04-17\/\" style=\"\" rel=\"noopener\">vote<\/a> against an independent resolution, co-filed by 27 investors, calling for the energy company to set stricter climate targets in April.<\/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\/green-ammonia\/\">GREEN AMMONIA<\/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=\"84163\" 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=\"84163\">\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\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/electric-battery-trucks-not-ready-to-compete-with-traditional-diesel\/\">\r\n                            Electric-battery trucks not ready to compete with traditional diesel                        <\/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\/14\/electric-battery-trucks-not-ready-to-compete-with-traditional-diesel\/\" 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\/14\/electric-battery-trucks-not-ready-to-compete-with-traditional-diesel\/')\">\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\/14\/electric-battery-trucks-not-ready-to-compete-with-traditional-diesel\/\">\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=Electric-battery trucks not ready to compete with traditional diesel&url=https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/electric-battery-trucks-not-ready-to-compete-with-traditional-diesel\/\">\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\/14\/electric-battery-trucks-not-ready-to-compete-with-traditional-diesel\/&title=Electric-battery trucks not ready to compete with traditional diesel\">\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=Electric-battery+trucks+not+ready+to+compete+with+traditional+diesel+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F05%2F14%2Felectric-battery-trucks-not-ready-to-compete-with-traditional-diesel%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\/14\/electric-battery-trucks-not-ready-to-compete-with-traditional-diesel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1949.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84164\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/electric-battery-trucks-not-ready-to-compete-with-traditional-diesel\/1949-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1949.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1949.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1949.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1949.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84163\" class=\"content-area-description single-story post-84163 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-in-the-news tag-enterpriseclimate tag-evs 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\/.f013bec6-83fe-452d-9480-ec0939da9c48.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Low demand for costly electric trucks: <\/strong>Demand has been low for heavy-duty battery-electric trucks despite a push from US federal and state governments to transition away from polluting diesel rigs, <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/companies-are-balking-at-the-high-costs-of-running-electric-trucks-fed0ce6e\" style=\"\" rel=\"noopener\">The Wall Street Journal<\/a> reported last week. The lack of interest boils down to high costs, low range, long charging times, and battery weight that cannot compete with alternatives in the freight sector as of yet. \u201cThe economics just don\u2019t work for most companies,\u201d said Robert Sanchez, chief executive of truck leasing company Ryder System. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The costs: <\/strong>Battery-electric trucks cost about three times more than a standard diesel rig. Although some government programs offset these costs, they do not cover operations. Charging facilities are hard to install, taking years only for the trucks to require several hours to recharge to travel less than half the distance of a refueled diesel truck. The trucks are also heavier, which means more vehicles and drivers to haul the same freight volume. Even with the assumption of widely available charging infrastructure, light-duty battery-electric trucks increase costs by several percentage points and that gap widens as the trucks get heavier, according to a Ryder analysis. If a standard 25-truck fleet was converted \u2014 including 10 heavy-duty trucks \u2014 annual operating costs would go up by USD 3.4 mn, or 56%. These costs will have to be mitigated for battery-electric to compete with diesel in the freight industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China <\/strong><strong>has developed its first 100-kg class vehicle-mounted liquid hydrogen <\/strong><strong>system<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/english.spacechina.com\/n17212\/c4124515\/content.html\" style=\"\" rel=\"noopener\">statement<\/a> by the China Aerospace Science and Technology Corporation. The system is set to enhance the range of hydrogen-powered heavy trucks to over 1k km on a single charge. It also offers a 20% increase in effective volume and a cost reduction of over 30%, while meeting international standards in quality, storage density, and refuelling time. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first to reach 1k: <\/strong>Germany's Daimler\u2019s Mercedes-Benz GenH2 Truck <a target=\"_blank\" href=\"https:\/\/www.daimlertruck.com\/en\/newsroom\/pressrelease\/daimler-truck-hydrogenrecordrun-mercedes-benz-genh2-truck-cracks-1000-kilometer-mark-with-one-fill-of-liquid-hydrogen-52369346\" style=\"\" rel=\"noopener\">completed a journey of 1k km on a single fill of liquid hydrogen<\/a> last September. The prototype truck was powered by a cell-centric fuel-cell system with a gross combined vehicle weight of 40 tons.<\/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\/evs\/\">EVs<\/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=\"84165\" 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=\"84165\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/05\/14\/geologists-are-exploring-volcanic-brine-for-critical-minerals\/\">\r\n                            Geologists are exploring volcanic brine for critical minerals                        <\/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\/14\/geologists-are-exploring-volcanic-brine-for-critical-minerals\/\" 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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Magmatic brine, which forms deep below the Earth's surface, contains valuable minerals in solution, requiring less processing and generating less waste compared to land-based mining. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There are challenges: <\/strong>Volcanic brine mining involves drilling into hot and acidic environments that can cause corrosion and collapse in wells, according to FT. Engineers are tasked with finding a way to drill 4 km deep into rocks that reach 400\u00b0C and must be wary to avoid premature <a target=\"_blank\" href=\"https:\/\/vrcmetalsystems.com\/what-is-metal-deposition\/\" style=\"\" rel=\"noopener\">metal deposition<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An answer to the potential critical mineral crisis? <\/strong>Lithium production will need to increase 10 times by 2050, while cobalt and silver demand will increase by sixfold and double respectively, according to <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/science\/2023\/jun\/28\/how-volcano-magma-could-help-meet-green-economy-demand-for-metal\" style=\"\" rel=\"noopener\">The Guardian<\/a>. Magmatic mining offers a way to meet these needs that isn\u2019t energy intensive or damaging to the ecosystem. Some 2k volcanoes around the world are currently viable sources for critical minerals.<\/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\/critical-minerals\/\">critical minerals<\/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=\"84167\" 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\/14\/84167\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84167\" class=\"content-area-description single-story post-84167 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;\">MAY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">12-14 May (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/portal.stf.jus.br\/hotsites\/J20\/#:~:text=The%20J20%20aims%20to%20foster,multilateral%20and%20bilateral%20cooperation%20projects.\" style=\"\">J20 Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">13-15 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.world-hydrogen-summit.com\/\" style=\"\">World Hydrogen Summit<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/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>4-5 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bondsloans.com\/events\/middle-east\" style=\"\">Bonds, Loans & Sukuk Middle East<\/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>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>5 June (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/optimism.enterprise.news\/\" style=\"\">The Optimism 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>5-7 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/key-notion.com\/sustainability-world-summit-frankfurt-2024\/\" style=\"\">Sustainability World Summit<\/a><\/span><span style=\"font-weight:400;\">, Frankfurt, Germany.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 June (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/eem24.khas.edu.tr\/\" style=\"\">The International Conference on European Energy Market<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/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<\/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>11-13 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.netzerocircle.org\/event\/morocco-energy-week\" style=\"\">Morocco Energy Week Summit<\/a><\/span><span style=\"font-weight:400;\">, Marrakesh, Morocco. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/biofuels-news.com\/conference\/about-biofuels-conference-expo\/\" style=\"\">Biofuels International Conference & Expo<\/a><\/span><span style=\"font-weight:400;\">, Brussels, Belgium.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/biofuels-news.com\/conference\/sustainableaviationfuels\/about\/\" style=\"\">Sustainable Aviation Fuels Summit<\/a><\/span><span style=\"font-weight:400;\">, Brussels, Belgium.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25-27 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.europe.gh2events.com\/\" style=\"\">Connecting Green Hydrogen Europe<\/a><\/span><span style=\"font-weight:400;\">, Madrid, Spain.<\/span><\/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\"><span>26-27 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\/\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/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;\">JULY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-3 July (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.nuclearpowerplantsexpo.com\/\" style=\"\">Nuclear Power Plants Summit & Expo<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 July (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.g20.org\/en\/about-the-g20\/summit-rio-2024\" style=\"\">G20 Leaders Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 July (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egyptminingforum.com\/\" style=\"\">The Egypt Mining 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 style=\"font-weight:700;\">AUGUST 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 August (Thursday): Distributed Solar Summit, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">12-16 August (Monday-Friday): Mastering Renewable & Alternative Energies, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-21 August (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/worldesgsummit.com\/\" style=\"\">The World ESG 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>24-26 August (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cgee.org\/\" style=\"\">International Conference on Clean and Green Energy Engineering<\/a><\/span><span style=\"font-weight:400;\">, Izmir, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 August (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spectrumconferences.com\/2024\/isnre\" style=\"\">International Summit on Non-Renewable and Renewable Energy<\/a><\/span><span style=\"font-weight:400;\">, Valencia, Spain.<\/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;\">SEPTEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldutilitiescongress.com\/\" style=\"\">World Utilities Congress<\/a><\/span><span>, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-19 September (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;\">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<\/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=\"\">United Nations Climate Change Conference or Conference of the Parties (COP29)<\/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>18-19 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.g20.org\/en\/about-the-g20\/summit-rio-2024\" style=\"\">G20 Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/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>27-28 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rakenergysummit.rak.ae\/\" style=\"\">RAK Energy Summit<\/a><\/span><span style=\"font-weight:400;\">, Ras Al Khaimah, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-13 December (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.unccd.int\/news-stories\/notifications\/sixteenth-session-unccd-conference-parties-cop-16-riyadh\" style=\"\">Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY 2025<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfutureenergysummit.com\/\" style=\"\">World Energy Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi. UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY 2025<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mena.gh2events.com\/\" style=\"\">Connecting Hydrogen MENA<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span 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>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>November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.almamlakatv.com\/news\/142146-%D9%85%D9%86%D8%AA%D8%AF%D9%88%D9%86-%D9%8A%D9%88%D8%B5%D9%88%D9%86-%D8%A8%D8%AA%D9%88%D9%81%D9%8A%D8%B1-20-%D8%A3%D9%84%D9%81-%D9%81%D8%B1%D8%B5%D8%A9-%D8%B9%D9%85%D9%84-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%A8%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D8%A7%D9%84%D8%AD%D9%8A%D9%88%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9\" style=\"\">9th Arab Forum for Renewable Energy and Energy Efficiency<\/a><\/span><span style=\"font-weight:400;\">, Amman, Jordan.<\/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>Nama inks PPA for Oman\u2019s largest desal plant | UAE + Mauritius cooperate on green energy | Turkey\u2019s Yildirim heads to Kosovo | Volcanic mineral 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