{"id":85024,"date":"2024-06-27T00:00:00","date_gmt":"2024-06-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=85024"},"modified":"2025-12-15T11:02:04","modified_gmt":"2025-12-15T11:02:04","slug":"omans-nama-prequalifies-nine-companies-for-500-mw-solar-project","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/omans-nama-prequalifies-nine-companies-for-500-mw-solar-project\/","title":{"rendered":"Oman\u2019s Nama prequalifies nine companies for 500 MW solar project"},"content":{"rendered":"<section id=\"85026\" 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=\"85026\">\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\/06\/27\/today-lots-of-solar-updates-from-oman-and-saudi-rivian-gets-a-big-boost-from-vw\/\">\r\n                            TODAY: Lots of solar updates from Oman and Saudi + Rivian gets a big boost from VW                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1101.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1101.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85026\" class=\"content-area-description single-story post-85026 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-egypt tag-enterpriseclimate tag-masdar tag-renewables tag-uae tag-what-were-tracking-today 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\/6\/.ae2da23c-59fb-4bf3-a629-3c65994b22d7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Good morning, folks. <\/strong><span style=\"background-color: transparent;\">It\u2019s a busy end to the week with lots of solar and investment news updates to unpack, but first, some interesting green energy news from the Pope himself\u2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- There\u2019s no single headline dominating <\/strong><strong>the foreign climate press, but Pope Francis has greenlit a solar farm to power Vatican <\/strong><strong>City. <\/strong>The farm would be located in Santa Maria di Galeria, Rome which belongs to the Vatican, but the capacity and expected completion have not yet been disclosed. The construction will be handled by the cardinal who governs the Vatican mini-state and manages the city\u2019s portfolio, similar to a central bank. The chosen site for the new farm has faced much controversy in the past for emitting electromagnetic waves due to the Vatican Radio towers housed there, although the Vatican has denied the claims. <strong>The story grabbed ink in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/pope-orders-construction-solar-farm-vatican-city-state-2024-06-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong>, <\/strong> <strong><a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/vatican-solar-environment-radio-electromagnetic-pope-c94785923b1f83cc91c72c39ad59ba4f\" style=\"\" rel=\"noopener\">AP<\/a><\/strong><strong>, and<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/world\/2024\/06\/26\/vatican-solar-environment-radio-electromagnetic-pope\/03ba0344-33c7-11ef-872a-1d22f44a0d95_story.html\" style=\"\" rel=\"noopener\">The Washington Post<\/a><\/strong><strong>.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Former Chinese science and technology minister Wan Gang \u2014 considered the <\/strong><strong>father of the Chinese EV industry \u2014 says the EU tariffs are politically motivated<\/strong> and not supported by a number of EU states, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-26\/father-of-china-s-ev-industry-wan-gang-calls-for-investment-talks-with-eu?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. \u201cConfrontation isn\u2019t the way to go \u2014 it\u2019s especially pointless to go against technological innovation. The most important thing is to keep negotiating,\u201d Wan said at the World Economic Forum\u2019s Summer Davos event in Dalian, China this week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trade between the two sides has taken a hit for years:<\/strong> Part of the tension coming from the bloc is due to Chinese foreign investment not keeping up with the volume of exports, Wan said. The <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/es\/ip_20_2542\" style=\"\" rel=\"noopener\">Comprehensive Agreement on Investment<\/a> between China and the EU has been stalled since 2021 due to geopolitical frictions over human rights issues in Xinjiang, Bloomberg writes.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\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>#1- Masdar sets sights on US growth: <\/strong>Masdar is also looking to grow \u201cbeyond tenfold\u201d in the US over the next three to seven years, President and Chief Executive of Masdar Americas Philip Haddad said during the 2024 SelectUSA Investor Summit, according to <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/energy\/2024\/06\/25\/abu-dhabis-masdar-in-us-for-the-long-term\/\" style=\"\" rel=\"noopener\">The National<\/a>. Masdar aims to achieve this through investment in development and operating platforms, and already signed an agreement to acquire a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/084355bf-3c28-446d-994e-42633fe5f3e8\/masdar-to-acquire-50%2525-of-us-renewables-firm%253cmark%253e-terra%253c%2Fmark%253e-%253cmark%253egen%253c%2Fmark%253e-power\" style=\"\" rel=\"noopener\">50% stake<\/a> in US renewables firm Terra-Gen Power Holdings in March.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong><strong>Masdar wants to achieve 100 GW of global energy capacity by 2030.<\/strong> In the US, Masdar <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/084355bf-3c28-446d-994e-42633fe5f3e8\/masdar-to-acquire-50%2525-of-us-renewables-firm%253cmark%253e-terra%253c%2Fmark%253e-%253cmark%253egen%253c%2Fmark%253e-power\" style=\"\" rel=\"noopener\">finalized its acquisition<\/a> of a 50% share in EDF Renewables North America\u2019s 128 MW Big Beau solar plant in California last year. In 2020, Masdar and EDF inked an agreement to jointly co-develop eight US-based renewables plants that would yield a total of 1.6 GW. The company\u2019s portfolio in the US currently consists of four wind projects in Texas and New Mexico and five solar projects in California.<\/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>IN OTHER MASDAR NEWS-<\/strong> <strong>Masdar is eying a 49% stake in Indian green hydrogen and ammonia producer <\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.hygenco.in\/\" style=\"\" rel=\"noopener\">Hygenco<\/a><\/strong> for USD 400 mn, Indian news outlet <a target=\"_blank\" href=\"https:\/\/www.livemint.com\/industry\/energy\/masdar-aiib-sojitz-mitsubishi-gentari-marubeni-ifc-among-others-eye-hygenco-stake-sale-in-400-million-deal-11719205970630.html\" style=\"\" rel=\"noopener\">Mint<\/a> reports. Other bidders for Hygenco include China\u2019s AIIB and Australia\u2019s Macquarie Group. The funds will help Hygenco develop 10 GW of production and distribution assets by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Lafarge Egypt runs on 33% alternative fuel: <\/strong>Construction heavyweight Lafarge Egypt now uses alternative fuel to power 33% of its activities, Geocycle and Sustainability Director Adham El Mahdy told <a target=\"_blank\" href=\"https:\/\/amwalalghad.com\/2024\/06\/25\/%D9%84%D8%A7%D9%81%D8%A7%D8%B1%D8%AC-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1-25-%D9%85%D9%86-%D8%A5%D9%86%D8%AA%D8%A7%D8%AC%D9%87%D8%A7\/\" style=\"\" rel=\"noopener\">Amwal Al Ghad<\/a>. The company also plans to implement renewable energy projects as part of its goal to reduce emissions by 8% annually until 2030 to reach a 72% decrease, up from the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2de9eb52-064c-464f-b278-2280e0853d89\/sdx-energy-is-divesting-its-egyptian-assets-as-it-shifts-focus-to-morocco%25e2%2580%2599s-energy-transition\" style=\"\" rel=\"noopener\">50% goal<\/a> it announced last year. These projects include solar power to meet electricity needs, with studies currently being conducted in collaboration with Egypt\u2019s New and Renewable Energy Authority. Lafarge is also planning to produce green cement and concrete using more environmentally friendly materials.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Demand for low-carbon cement is on the rise in Egypt: <\/strong>Lafarge Egypt <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ffcb52e2-74cc-4f21-8eee-3adf84c6c345\/adani-green-energy-ousted-from-un-climate-group\" style=\"\" rel=\"noopener\">has used 20k<\/a> of its eco-friendly <a target=\"_blank\" href=\"https:\/\/www.lafarge.ca\/en\/ecoplanet-green-cement\" style=\"\" rel=\"noopener\">ECOPlanet cement<\/a> in the construction of Egypt\u2019s Iconic Tower in the New Administrative Capital, which helped reduce the project\u2019s overall carbon emissions by 60%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lafarge is active in the UAE too:<\/strong> Lafarge has been trying to promote the use of its low-carbon concrete <a target=\"_blank\" href=\"https:\/\/www.lafarge.ae\/ecopact-green-concrete\" style=\"\" rel=\"noopener\">ECOPact<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/322bce44-471f-430d-89b9-0f8a86186f18\/an-emerging-us-low-carbon-concrete-startup-wants-to-change-the-game-and-toyota-warns-against-a-quick-transition-to-evs\" style=\"\" rel=\"noopener\">across different markets<\/a>. Last year, the ECOPart green concrete used by a UAE contractor helped slash CO2 emissions by 45%. The UAE\u2019s Environment Ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3712502c-0801-4f37-8c1d-cce4a5b33ecf\/the-uae-took-important-steps-towards-decarbonization-over-the-weekend\" style=\"\" rel=\"noopener\">signed an MoU<\/a> with Lafarge Emirates to include fuel generated from municipal solid waste by waste management company Emirates RDF into their energy mix in 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#3- The <\/strong><strong>World <\/strong><strong>Bank aims to raise the value of Egypt's carbon market to USD 120 mn, up <\/strong><strong>from USD 3 mn in 2023, <\/strong><a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/06\/26\/1803445\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports. As of 2023, Egypt had roughly 100k carbon certificates issued, but WB is working on helping the country reach 4 mn certificates by 2027. The goal comes as part of the lender\u2019s recently approved <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b34e6ee8-3237-4242-9ff0-d66893748e65\" style=\"\" rel=\"noopener\">USD 700 mn in Development Policy Financing<\/a> to bolster Egypt\u2019s development, including its green transition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ON A RELATED NOTE- <\/strong><strong>The <\/strong><strong>Egyptian Carbon Center is looking to obtain a verification license: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.egyptiancarboncenter.com\/ar\/\" style=\"\" rel=\"noopener\">Egyptian Carbon Center<\/a> (ECC) is aiming to acquire a verification and validation license in the voluntary carbon trading market from the Financial Regulatory Authority soon, ECC CEO Omar Ghaly told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/06\/26\/1803399\" style=\"\" rel=\"noopener\">Al Borsa<\/a> in an interview. The Center seeks to cooperate with the voluntary carbon market in developing companies\u2019 carbon footprints and acts as an intermediary between carbon certificate issuers and global companies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More about the center: <\/strong>The ECC offers a range of services, including environmental consulting, carbon and water footprint reports, energy efficiency, sustainability strategies, sustainable events, auditing, and carbon unit trading, the report adds. It also collaborates with universities to issue carbon footprint reports and has recently launched an \u201cenergy consumption monitoring and auditing\u201d service for factories. The center plans to expand into the UAE and Qatar markets and has started collaborating with a company in Saudi Arabia to export its services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#4- Norway is offering up large portions of the Arctic for controversial deepsea mining <\/strong><strong>licenses with the aim to award exploration permits in 1H 2025<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/norway-award-arctic-blocks-seabed-mining-2025-2024-06-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The country will become the first globally to kick off commercial deepsea mining after greenlighting the decision <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5978ee02-535a-460d-9232-f71fae51c386\" style=\"\" rel=\"noopener\">in January<\/a>. The move has angered environment activists who plan to challenge the decision in court.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The 280k sq km of seabed in the Arctic waters between Norway and Greenland is rich with <a target=\"_blank\" href=\"https:\/\/www.usgs.gov\/programs\/coastal-and-marine-hazards-and-resources-program\/science\/seafloor-minerals\" style=\"\" rel=\"noopener\">minerals<\/a> critical to the energy transition, including precious metals (gold, silver), metal ores (manganese, nickel, cobalt, copper), as well as rare earths critical to electric vehicle production.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The consequences are alarming: <\/strong>Scientists say oceanic mining comes at the expense of a substantial impact on the environment including the <a target=\"_blank\" href=\"https:\/\/www.biologicaldiversity.org\/campaigns\/deep-sea_mining\/pdfs\/Deep-seaMiningFAQ.pdf\" style=\"\" rel=\"noopener\">destruction of natural habitats<\/a> and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c8b18f3e-350b-469c-aa60-1687b43643a6\" style=\"\" rel=\"noopener\">USD 5.5 bn<\/a> tuna industry, in addition to creating sediment plumes that disrupt aquatic life and the ocean\u2019s ability to <a target=\"_blank\" href=\"https:\/\/www.nature.com\/articles\/d41586-023-02290-5#:~:text=Washburn%20says%20that%20deep%2Dsea,humans'\" style=\"\" rel=\"noopener\">capture and sequester CO2<\/a>. A number of countries including France have called to halt the practice until there is more information on the environmental impact, Reuters writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>China and Russia contested US attempts to claim an additional 1 mn sq km of seabed in its continental shelf containing critical minerals like copper, nickel, cobalt and manganese <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d0d131f5-b824-476d-97ee-e2b006d48c92\" style=\"\" rel=\"noopener\">back in March<\/a>. The objections come after the US said it would extend its jurisdiction over a resource-rich seabed area that makes up its continental shelf back in December. <\/p>\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Experts <\/strong><strong>are warning of a significant rise in heat-related deaths amid <\/strong><strong>unprecedented heatwaves,<\/strong> UN special adviser on climate change Selwin Hart told <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/c030776b-c974-4e3c-b9b5-1f614d23013d\" style=\"\" rel=\"noopener\">The Financial Times<\/a>. Middle Eastern countries are experiencing near-record temperatures of almost 50\u00b0C in some areas, months ahead of the usual peak. Some parts of Europe hit close to 40\u00b0C. India is also struggling with its longest heatwave while in the US the heat is affecting close to 100 mn people. The extreme heat has already claimed over 1.3k lives during the Hajj pilgrimage in Saudi Arabia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Immediate action is needed:<\/strong> UN and climate envoys stress the importance of immediate action to mitigate the impacts of these soaring temperatures, particularly in economically disadvantaged communities, the FT adds. Data from the World Meteorological Organization and Copernicus indicates a worrying trend of increasing heat-related deaths, with a 30% rise in Europe over the past two decades. Scientists also predict this summer could be the hottest on record, underscoring an urgent need for global efforts to address the root causes of the rising heat.<\/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>Turkey will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nuclearpowerplantsexpo.com\/\" style=\"\" rel=\"noopener\">Nuclear Power Plants Summit &amp; Expo<\/a><\/strong><strong> from Tuesday, 2 July to <\/strong><strong>Wednesday, 3 July<\/strong> in Istanbul. The event will gather utility companies, independent power producers, government officials, and industry leaders to explore nuclear power projects, plans, products and tech solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.egyptminingforum.com\/\" style=\"\" rel=\"noopener\">Egypt Mining Forum<\/a><\/strong><strong> from Tuesday, 16 July to Wednesday, 17 <\/strong><strong>July<\/strong> in Cairo. The event will convene decision-makers from government, industry experts, new exploration firms, financiers, and investors to explore the challenges and advantages to establish Egypt as a leading global mining hub by 2040.<\/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<\/strong>&nbsp;for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/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                            <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=\"85028\" 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=\"85029\" 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=\"85029\">\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\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/omans-nama-prequalifies-nine-companies-for-500-mw-solar-project\/\">\r\n                            Oman\u2019s Nama prequalifies nine companies for 500 MW solar project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/omans-nama-prequalifies-nine-companies-for-500-mw-solar-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The project has an investment value of OMR 155 mn (c. USD 402.7 mn), the statement disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who did Nama select?<\/strong> Seven companies entered the tender individually and were selected by Nama including UAE\u2019s Masdar, KSA\u2019s Acwa Power, China\u2019s Jinko Power, Singapore\u2019s Sembcorp Utilities, Japan\u2019s Sumitomo, and France\u2019s TotalEnergies Renewables and Engie. Two consortiums were also selected including one made up of Al Riyadh National Trading and Korea Midland Power and another including EDF Renouvelables and Korean Western Power. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the solar farm<\/strong><strong>: <\/strong>Ibri III Solar will <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/67205c72-8e38-41cb-bfef-cabedf787843\/neom-partners-with-saudi%25e2%2580%2599s-energy-ministry-on-the-energy-sector-%2B-oman-request-proposals-for-the-construction-of-a-500-mw-solar-plant\" style=\"\" rel=\"noopener\">generate 1.5 TWh<\/a> of renewable energy annually and reduce CO2 emission by 505k tons per annum at full capacity. Oman Electricity Transmission Company (OETC) successfully completed tests to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d9b80abc-f3a5-4769-9f62-267093271159\" style=\"\" rel=\"noopener\">remotely operate<\/a> the project in November. The IPP is also the first solar plant in the Sultanate to be connected to the transmission grid, and operations are expected to begin in 4Q 2026. The tender was initially announced in 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Its predecessor was Oman\u2019s first-grid connected solar project: <\/strong>OPWP inaugurated the nation\u2019s first grid-connected solar power project Ibri II in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/933057e7-62cd-45ae-b192-dec61b80db12\" style=\"\" rel=\"noopener\">January 2022<\/a>. The OMR 155 mn (USD 402.6 mn) project was funded by a consortium of investors including Saudi\u2019s Acwa Power (50%), Kuwait-based investment firm Gulf Investment Corporation (40%), and Kuwait-based Alternative Energy Projects Co. (10%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Set up for exports:<\/strong> A 400 KV electrical interconnection extending from Ibri in northwest Oman to the UAE\u2019s Silaa border with Saudi Arabia and linking to the Gulf Cooperation Council Interconnection Authority (GCCIA) grid is currently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f9524e79-7d2a-45f7-9bc4-371a2230fe1a\/oman-uae-saudi-arabia-electrical-interconnection-moves-to-planning-phase\" style=\"\" rel=\"noopener\">in the planning phase<\/a> following completion of an evaluation study. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85031\" 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=\"85031\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/abdul-latif-jameel-backed-ev-maker-rivian-to-get-usd-5-bn-investment-from-volkswagen\/\">\r\n                            Abdul Latif Jameel-backed EV maker Rivian to get USD 5 bn investment from Volkswagen                        <\/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\/06\/27\/abdul-latif-jameel-backed-ev-maker-rivian-to-get-usd-5-bn-investment-from-volkswagen\/\" 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 partnership \u2014 which will be established as a 50\/50 joint venture \u2014 grants VW immediate access to Rivian's EV software for its vehicles. Both companies will use the tech from their JV to develop vehicles before 2030. Rivian\u2019s shares surged by over 35% following the announcement, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e465b45f-5d6d-4903-8c36-216c1b453581\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The investment will include an initial USD 1 bn convertible loan that will turn into Rivian stock pending regulatory approval scheduled and an additional USD 4 bn committed as part of the overall investment, the statement adds. VW will also invest USD 2 bn in Rivian\u2019s common stock in two USD 1 bn tranches during 2025 and 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A lifeline for Rivian:<\/strong> The EV maker has been grappling with financial challenges exacerbated by higher interest rates and softening US demand for electric vehicles, sending Rivian\u2019s shares down about 90% since it went public in 2021. (Its market cap was larger than VW\u2019s at the time.) Rivian posted a loss of USD 1.4 bn in 1Q 2024 as it lost around USD 38k on each of its USD 70k vehicles. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s behind Rivian\u2019s decline?<\/strong> Rivian was also among the EV makers to have <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2bbadc72-a59b-4815-8ec6-32e1c1384e74\" style=\"\" rel=\"noopener\">missed their annual production targets<\/a> or experienced record low slumps in stock last year. The company said it will lay off 10% of its workforce and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/53a88fb0-973c-401d-bd42-f47186bd7a69\" style=\"\" rel=\"noopener\">expects to shut down production<\/a> for several weeks in 2Q 2024 to upgrade its production line, improve efficiency, and cut costs in February.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company is working with other major players: <\/strong>Rivian partnered with Amazon \u2014 one of its <a target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/rivn\/institutional-holdings\" style=\"\" rel=\"noopener\">biggest shareholders<\/a> \u2014 to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/077f2927-f66d-46a9-b05f-284e22483446\" style=\"\" rel=\"noopener\">unroll electric trucks<\/a> for order deliveries in the Saudi market over the next seven years. They also partnered to launch <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/fb44fd6f-1b38-4968-80cf-42c50c8d362a\" style=\"\" rel=\"noopener\">300 Rivian trucks<\/a> in Munich, Berlin, and Dusseldorf over the next few years. <\/p>\n<p class=\"tag-border-left\">IN OTHER ABDUL LATIF JAMEEL NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Almar eyes investment in Chilean lithium: <\/strong>Abdul Latif Jameel-backed water infrastructure developer <a target=\"_blank\" href=\"https:\/\/almarwater.com\/\" style=\"\" rel=\"noopener\">Almar Water Solutions<\/a> is looking to partner with Chile\u2019s state-backed mining company <a target=\"_blank\" href=\"https:\/\/www.codelco.com\/\" style=\"\" rel=\"noopener\">Codelco<\/a> on its Maricunga lithium project, according to data seen by <a target=\"_blank\" href=\"https:\/\/attaqa.net\/2024\/06\/26\/%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D8%AE%D8%B7%D8%B7-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A8%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%AA%D8%B9%D8%AF%D9%8A%D9%86\/\" style=\"\" rel=\"noopener\">Attaqa<\/a>. Almar aims to extract lithium to be used in car batteries by leveraging its water treatment technology. Codelco has tapped financial advisor Rothschild to select a partner for the project by next year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The company aims to initially <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/chiles-codelco-targeting-2030-production-maricunga-lithium-site-document-2024-06-06\/\" style=\"\" rel=\"noopener\">produce 20k metric tons<\/a> of lithium carbonate equivalent annually through evaporation ponds, followed by a second phase targeting 30k metric tons via direct lithium extraction. Construction is set to start in early 2027 and operations are expected to start by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wait, how does this work? <\/strong>Over half of the world\u2019s lithium is mined from rocks while the rest is extracted from distilling salt water, Attaqa explains. This happens by <a target=\"_blank\" href=\"https:\/\/systems.carmeuse.com\/en\/industries\/lithium-extraction\/\" style=\"\" rel=\"noopener\">pumping saltwater into a series of evaporation ponds<\/a> which evaporate over months and a variety of salts precipitate out, leaving a brine with an increasing concentration of lithium.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi ? Chile\u2019s lithium:<\/strong> Saudi Industry and Mineral Resources Minister Bandar Alkhorayef is set to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/fef72cac-2efd-4123-8eca-c874dff5d8b2\" style=\"\" rel=\"noopener\">touch down<\/a> in Chile \u2014 the world\u2019s second-largest lithium producer \u2014 next month, to look into the possibility of sourcing lithium, a key component for EV and battery storage production.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/rivian\/\">Rivian<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85033 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"85033\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/85033\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85033\" class=\"content-area-description single-story post-85033 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareinfinitypower.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/851.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85034\" 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=\"85034\">\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\">GREEN HYDROGEN<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/kkr-ignis-partner-on-green-hydrogen-and-ammonia-platform\/\">\r\n                            US\u2019 KKR + Spain\u2019s Ignis partner on green hydrogen and ammonia platform                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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                  <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1765.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85035\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/kkr-ignis-partner-on-green-hydrogen-and-ammonia-platform\/1765-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1765.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1765.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1765.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1765.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85034\" class=\"content-area-description single-story post-85034 post type-post status-publish format-standard has-post-thumbnail hentry category-green-hydrogen tag-enterpriseclimate tag-green-hydrogen tag-vortex-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.67e43385-60bf-43e1-9688-b548904c3fcf.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KKR, Vortex portfolio company Ignis to launch green hydrogen and ammonia platform:<\/strong> US private equity firm <a target=\"_blank\" href=\"https:\/\/www.kkr.com\/\" style=\"\" rel=\"noopener\">KKR<\/a> and Spanish renewable group <a target=\"_blank\" href=\"https:\/\/ignis.es\/en\/\" style=\"\" rel=\"noopener\">Ignis<\/a> \u2014 a portfolio company of ADGM-domiciled company Vortex Energy \u2014 are partnering to create a new platform for developing green hydrogen and ammonia projects targeting hard-to-abate-sectors, according to a <a target=\"_blank\" href=\"https:\/\/media.kkr.com\/news-details\/?news_id=6ba7fd08-f147-466c-81d6-94c4825bd719&amp;type=1\" style=\"\" rel=\"noopener\">press release<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers:<\/strong> KKR will invest up to EUR 400 mn into the JV, with both companies owning 50% of the platform, dubbed IGNIS <a target=\"_blank\" href=\"https:\/\/ptx-hub.org\/how-ptx-works\/\" style=\"\" rel=\"noopener\">P2X<\/a>. The platform will start with a pipeline of 20 GW of projects and 10 GW of renewable projects in Spain and globally.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details: <\/strong>IGNIS P2X will develop plants for producing green hydrogen, ammonia, e-methanol, e-fuels, renewables, and sustainable aviation fuel (SAF), serving industries like refining, steel, chemicals, and fertilizers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KKR is looking to invest big in climate: <\/strong>The firm announced that it was looking to raise as much as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e44c889f-c83f-4575-a600-36f507775849\/eib-issues-first-common-principles-on-nature-positive-finance-and-usd-bns-in-financing-for-solar-and-agriculture\" style=\"\" rel=\"noopener\">USD 7 bn<\/a> from its first planned climate transition fund back in December. The fund will scope out green mobility, battery storage, and decarbonization projects across the US, EU, and Asia Pacific markets, with plans to earmark between USD 300 and 750 mn for each venture.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/vortex-energy\/\">Vortex Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85036\" 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=\"85036\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/saudi-power-procurement-company-signs-ppas-for-5-5-gw-of-solar-power\/\">\r\n                            Saudi Power Procurement Company signs PPAs for 5.5 GW of solar power                        <\/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\/06\/27\/saudi-power-procurement-company-signs-ppas-for-5-5-gw-of-solar-power\/\" 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 three are being built by a consortium that includes renewables giant Acwa Power, the PIF\u2019s Water and Electricity Holding Company (Badeel), and oil giant Aramco subsidiary Aramco Power, according to a <a target=\"_blank\" href=\"https:\/\/www.moenergy.gov.sa\/en\/MediaCenter\/News\/Pages\/SPPC-Signs-PPA-for-Three-New-Solar-Energy-Projects-with-5500MW-Capacity.aspx\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> Two of the solar PV projects \u2014 Haden and Al Muwaih \u2014 will be set up in Makkah with a capacity of 2 GW each. The third, Al Khushaybi in Qassim, will have a capacity of 1.5 GW.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The new renewable energy projects with a total capacity of 6.7 GW have been tendered since the start of 2024, the ministry said, adding that it plans to tender more projects later this year to help it hit the sought 20 GW target of annual tendered capacities. The ministry hopes to reach 100 to 130 GW by the end of the decade, it said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Growing interest in renewables as Saudi eyes a future beyond oil: <\/strong>Earlier this week, the Energy Ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/0a2508ab-9e16-4f4e-aeeb-eeba315430ce\" style=\"\" rel=\"noopener\">launched<\/a> an \u201cunprecedented\u201d geographic survey project to identify suitable sites to develop renewable energy sites across the Kingdom. Contracts for the project, which the ministry says is the first of its kind, were awarded to local firms to install 1.2k stations to measure solar and wind energy over 850k sqm. It comes under the Kingdom plan to generate 50% of its electricity from renewable energy sources by 2030.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85038\" 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=\"85038\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/green-finance-updates-from-oman-irena\/\">\r\n                            Green finance updates from Oman + Irena                        <\/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\/06\/27\/green-finance-updates-from-oman-irena\/\" 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\/06\/27\/green-finance-updates-from-oman-irena\/')\">\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\/06\/27\/green-finance-updates-from-oman-irena\/\">\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=Green finance updates from Oman + Irena&url=https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/green-finance-updates-from-oman-irena\/\">\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\/06\/27\/green-finance-updates-from-oman-irena\/&title=Green finance updates from Oman + Irena\">\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=Green+finance+updates+from+Oman+%2B+Irena+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F06%2F27%2Fgreen-finance-updates-from-oman-irena%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\/06\/27\/green-finance-updates-from-oman-irena\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1713.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85039\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/green-finance-updates-from-oman-irena\/1713-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1713.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1713.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1713.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1713.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85038\" class=\"content-area-description single-story post-85038 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-green-finance tag-irena 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\/6\/.8487ec3b-bf64-4f3c-85c9-37d71c19d3f5.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">GREEN FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman\u2019s Sharakah and Be'ah partner to fund eco-friendly startups in Oman: <\/strong>Omani closed joint stock company <a target=\"_blank\" href=\"https:\/\/sharakah.om\/\" style=\"\" rel=\"noopener\">Sharakah<\/a> has signed an Memorandum of Cooperation (MoC) with Oman Environmental Services Holding Company (Be\u2019ah) to streamline funding for startups within Be\u2019ah\u2019s SME accelerator <a target=\"_blank\" href=\"https:\/\/www.beah.om\/eco-innovate-oman\" style=\"\" rel=\"noopener\">Eco-Innovate Oman (EiO)<\/a>, <a target=\"_blank\" href=\"http:\/\/tradearabia.com\/touch\/article\/IND\/423547\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reports. EiO focuses on supporting Omani eco-preneurs in sustainability and the circular economy, helping them kickstart green businesses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Under the MoC, EiO will identify startups that meet Sharakah\u2019s criteria for potential funding. Sharakah will evaluate these startups based on innovation, market potential, team capabilities, and alignment with its investment strategy, providing funding through equity investments via <a target=\"_blank\" href=\"https:\/\/www.investopedia.com\/simple-agreement-for-future-equity-8414773#:~:text=Simple%20agreements%20for%20future%20equity,equity%20funding%20rounds%20or%20acquisitions.\" style=\"\" rel=\"noopener\">Simple Agreement for Future Equity<\/a> (SAFE) notes. Sharakah will also offer business coaching and workspace support.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Be\u2019ah also supports ESG services for companies: <\/strong>Be'ah now offers to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/12d567f4-947d-40fe-a246-8e8c86abbd34\/shell-qatar-makes-breakthrough-in-green-hydrogen-production-tech\" style=\"\" rel=\"noopener\">support companies\u2019 environmental, social, and governance (ESG) practices<\/a> to help them secure better ESG ratings. Be\u2019ah will benchmark each company against industry peers and climate-related metrics to guide decision-making.<\/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>Africa50 <\/strong><strong>pledges USD 100 mn to Irena\u2019s ETAF: <\/strong>The pan-African infrastructure investor and asset management group <a target=\"_blank\" href=\"https:\/\/www.africa50.com\/\" style=\"\" rel=\"noopener\">Africa50<\/a> has partnered with the International Renewable Energy Agency (Irena) pledging USD 100 mn to fund green energy projects in Sub-Saharan Africa through Irena\u2019s <a target=\"_blank\" href=\"https:\/\/www.irena.org\/Energy-Transition\/Partnerships\/ETAF\" style=\"\" rel=\"noopener\">Energy Transition Accelerator Financing (ETAF)<\/a> platform, according to a <a target=\"_blank\" href=\"https:\/\/www.irena.org\/News\/pressreleases\/2024\/Jun\/Africa50-Joins-IRENAs-ETAF-Platform-to-Accelerate-Renewable-Energy-Deployment--in-Africa\" style=\"\" rel=\"noopener\">statement<\/a>. Africa50 marks the platform\u2019s 14th partner with pledges totalling USD 4.15 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The platform has a lot of regional backing: <\/strong>ETAF, which was launched at COP26 with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e6167da5-7401-4525-a79d-20e3e0de4124\" style=\"\" rel=\"noopener\">USD 400 mn<\/a> from anchor investor <a target=\"_blank\" href=\"https:\/\/www.adfd.ae\/english\/Pages\/Home.aspx\" style=\"\" rel=\"noopener\">Abu Dhabi Fund for Development<\/a>, also has the Asian Infrastructure Investment Bank (AIIB) and UAE\u2019s Masdar as backers. Emirates Development Bank (EDB) also pledged <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8ae0f6f6-e852-499c-9db6-aa78d2108f09\" style=\"\" rel=\"noopener\">USD 350 mn<\/a> for the platform last year. The Jeddah-based Islamic Development Bank (IsDB) also pledged <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9cb7b135-2330-4147-b5ad-aa37eeec3799\" style=\"\" rel=\"noopener\">USD 250 mn<\/a> during COP28, and the OPEC Fund committed USD 400k in grants to be used for technical assistance. <\/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>Empower nabs four international energy awards: <\/strong>World\u2019s largest district cooling provider Emirates Central Cooling Systems Corporation (Empower) won four energy awards during the International District Energy Association Annual Conference and Exhibition. The theme was District Energy for Sustainable Cities. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/1676.pdf\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/irena\/\">IRENA<\/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=\"85040\" 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=\"85040\">\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\/06\/27\/elon-musks-spacex-launches-satellite-to-monitor-sun-storms\/\">\r\n                            Elon Musk\u2019s SpaceX launches satellite to monitor sun storms                        <\/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\/06\/27\/elon-musks-spacex-launches-satellite-to-monitor-sun-storms\/\" 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\/06\/27\/elon-musks-spacex-launches-satellite-to-monitor-sun-storms\/')\">\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\/06\/27\/elon-musks-spacex-launches-satellite-to-monitor-sun-storms\/\">\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=Elon Musk\u2019s SpaceX launches satellite to monitor sun storms&url=https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/elon-musks-spacex-launches-satellite-to-monitor-sun-storms\/\">\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\/06\/27\/elon-musks-spacex-launches-satellite-to-monitor-sun-storms\/&title=Elon Musk\u2019s SpaceX launches satellite to monitor sun storms\">\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=Elon+Musk%E2%80%99s+SpaceX+launches+satellite+to+monitor+sun+storms+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F06%2F27%2Felon-musks-spacex-launches-satellite-to-monitor-sun-storms%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\/06\/27\/elon-musks-spacex-launches-satellite-to-monitor-sun-storms\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1711.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85041\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/27\/elon-musks-spacex-launches-satellite-to-monitor-sun-storms\/1711-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1711.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1711.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1711.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1711.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85040\" class=\"content-area-description single-story post-85040 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-change tag-climate-in-the-news tag-enterpriseclimate 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\/6\/.2a079799-e2f2-4884-aaf2-de03be8f8b38.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.spacex.com\/\" style=\"\" rel=\"noopener\">SpaceX<\/a><\/strong><strong> has <\/strong><strong>launched a new US satellite designed to help weather forecasters monitor <\/strong><strong>large solar storms this week<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.nasa.gov\/news-release\/nasa-spacex-launch-noaas-latest-weather-satellite\/\" style=\"\" rel=\"noopener\">press release<\/a>. The satellite \u2014 called GOES-U but will be renamed to GOES-19 once in orbit \u2014 will feature a <a target=\"_blank\" href=\"https:\/\/science.nasa.gov\/mission\/roman-space-telescope\/coronagraph\/\" style=\"\" rel=\"noopener\">coronagraph<\/a> to monitor solar flares and <a target=\"_blank\" href=\"https:\/\/www.swpc.noaa.gov\/phenomena\/coronal-mass-ejections\" style=\"\" rel=\"noopener\">coronal mass ejections<\/a> providing continuous coverage of weather and hazardous environmental conditions across the Western Hemisphere.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this important? <\/strong>GOES-U will <a target=\"_blank\" href=\"https:\/\/www.nesdis.noaa.gov\/news-events\/goes-u-launch\/goes-u-mission-overview\" style=\"\" rel=\"noopener\">provide critical data<\/a> for detecting various environmental phenomena aiding in hurricane tracking, severe storm warnings, fire detection, and monitoring air quality. It will also help monitor heavy rainfall, sea surface temperatures, and provide aviation route planning data. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first time NASA releases climate-related monitoring tech: <\/strong>NASA has patented technology that will detect and quantify on-road emissions from the tailpipes of moving vehicles using laser-based overhead detectors, the statement said. The technology will allow it to identify the vehicle\u2019s license plate number to acquire information about the vehicle\u2019s brand, model, fuel type and emission standards. The Environment Agency Abu Dhabi tested the technology over three weeks in six locations <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6384b7a3-b26b-425d-a681-557223a9feff\/today:-the-green-subsidies-debate-rolls-on\" style=\"\" rel=\"noopener\">last year<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Google has also signed on for a sustainable satellite mission: <\/strong>Tech giant Google joined a satellite project led by France\u2019s EDF in February to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cf2e25a1-873d-4820-a906-1cd9907a2d6c\/today:-edf-%2B-korea-western-power-tapped-to-build-1.5-gw-al-ajban-solar-project\" style=\"\" rel=\"noopener\">track methane output<\/a> around the world. Google will leverage Google Cloud to provide the computing capabilities to process intel and use AI to zero in on fossil fuels components including oil tanks in a bid to create a comprehensive map of methane leaks globally. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85042\" 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\/06\/27\/85042\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85042\" class=\"content-area-description single-story post-85042 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\">JUNE 2024<\/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>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>4-8 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aecweek.com\/\" style=\"\">African<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aecweek.com\/\" style=\"\">Energy Week<\/a><\/span><span style=\"font-weight:400;\">, Cape Town, South Africa. <\/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>26-28 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypt-energy.com\/en\/home.html\" style=\"\">Egypt Energy Show<\/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>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>28-29 January (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sustainmideast.com\/\" style=\"\">Sustainability Forum Middle East<\/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;\">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=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/expo-sharjah-signs-partnership-agreement-to-launch-the-middle-east-electric-vehicle-show-2025-htkk34ud\" style=\"\">Middle East Electric Vehicle Show<\/a><\/span><span style=\"font-weight:400;\">, Sharjah, 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;\">2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-29 October (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/en\/N2002883\" style=\"\">World Energy Congress<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/uitpsummit.org\/\" style=\"\">UITP Global Public Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2023\/04\/19\/imf-and-the-world-bank-group-to-hold-2026-annual-meetings-in-bangkok-thailand\" style=\"\">Annual Meetings of the World Bank and the International Monetary Fund<\/a><\/span><span style=\"font-weight:400;\">, Bangkok, Thailand.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1Q 2026: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\" style=\"\">QatarEnergy<\/a><\/span><span>\u2019s USD 1 bn blue ammonia plant <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/qatar-to-build-usd-1-bn-blue-ammonia-plant-79877\/\" style=\"\">to be completed<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>End-2026: HSBC Bahrain to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/will-we-soon-see-a-carbon-offset-tax-in-egypt-79885\/\" style=\"\">eliminate single-use<\/a><\/span><span style=\"font-weight:400;\"> PVC plastic cards. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>MENA\u2019s district cooling market is <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/08\/30\/goodbye-single-ac-units-mena-wont-be-needing-your-services-anymore-79605\/\" style=\"\">expected to reach<\/a><\/span><span style=\"font-weight:400;\"> USD 15 bn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">World Water Forum, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2030 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>UAE\u2019s Abu Dhabi Commercial Bank (ADCB) wants to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/today-welcome-to-enterprise-climate-the-essential-daily-covering-climate-change-in-the-middle-east-and-africa-business-finance-investment-79432\/\" style=\"\">provide AED 35 bn<\/a><\/span><span style=\"font-weight:400;\"> in green financing. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>UAE <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/enterprise-climate-sits-down-with-mariam-almheiri-the-uaes-climate-change-and-environment-minister-79434\/\" style=\"\">targets 14 GW<\/a><\/span><span style=\"font-weight:400;\"> in clean energy capacity.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Tunisia <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/09\/07\/project-update-tunisia-speaks-to-afdb-ifc-for-solar-plant-financing-80546\/\" style=\"\">targets 30%<\/a><\/span><span style=\"font-weight:400;\"> of renewables in its energy mix.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Qatar wants to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/08\/30\/today-cloud-wars-afreximbank-gets-love-from-nexi-also-indias-reliance-wants-to-build-20-gw-of-renewables-79598\/\" style=\"\">generate USD 17 bn<\/a><\/span><span style=\"font-weight:400;\"> from its circular economy, creating 9k-19k jobs. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Morocco\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\" style=\"\">Xlinks<\/a><\/span><span> solar and wind energy project to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/08\/31\/moroccos-usd-18-bn-renewables-export-hub-79733\/\" style=\"\">generate 10.5 GW<\/a><\/span><span style=\"font-weight:400;\"> of energy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2035 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Qatar to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/qatar-to-build-usd-1-bn-blue-ammonia-plant-79877\/\" style=\"\">capture up to 11 mn tons<\/a><\/span><span style=\"font-weight:400;\"> of CO2 annually. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2045 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Qatar\u2019s Public Works Authority\u2019s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm\/d capacity. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2050<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/Presidencedugouvernementtunisien\/posts\/pfbid02urYKuUDF91i7dtVRR3yrSFzM4p5aG1JUormqfgnbjuUMTSGzmL2DrY8Z7wyfA7vBl?locale=ar_AR\" style=\"\">Tunisia\u2019s carbon neutrality target<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2060 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Nigeria aims to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/today-welcome-to-enterprise-climate-the-essential-daily-covering-climate-change-in-the-middle-east-and-africa-business-finance-investment-79432\/\" style=\"\">achieve its net-zero<\/a><\/span><span> emissions target.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Lots of solar updates from Oman and Saudi | Abdul Latif Jameel-backed Rivian gets a big boost from VW | Masdar\u2019s expansion plans roll on<\/p>\n","protected":false},"featured_media":85025,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-85024","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"378468a6-6fd6-41f0-ac1f-4765c463ee5f","teaser":"Lots of solar updates from Oman and Saudi | Abdul Latif Jameel-backed Rivian gets a big boost from VW | Masdar\u2019s expansion plans roll on","photo_url":"https:\/\/ent.news\/2024\/4\/499.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oman\u2019s Nama prequalifies nine companies for 500 MW solar project - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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