{"id":85776,"date":"2024-08-01T00:00:00","date_gmt":"2024-08-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=85776"},"modified":"2025-12-15T11:13:56","modified_gmt":"2025-12-15T11:13:56","slug":"egypt-is-reportedly-reviewing-hydropower-plans-valued-at-usd-4-bn","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/egypt-is-reportedly-reviewing-hydropower-plans-valued-at-usd-4-bn\/","title":{"rendered":"Egypt is reportedly reviewing hydropower plans valued at USD 4 bn"},"content":{"rendered":"<section id=\"85778\" 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=\"85778\">\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\/08\/01\/today-big-hydropower-plans-for-egypt-bp-snaps-up-hyport-duqm-stakes\/\">\r\n                            TODAY: Big hydropower plans for Egypt + BP snaps up Hyport Duqm stakes                        <\/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\/08\/01\/today-big-hydropower-plans-for-egypt-bp-snaps-up-hyport-duqm-stakes\/\" 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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margin: 0px; line-height: 1.15;\"><b>Good morning,&nbsp;ladies and gents. <\/b>We have a meaty issue this morning ahead of the weekend, with big news emerging from Egypt and a timeline for JinkoSolar\u2019s upcoming mega solar cell manufacturing plant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG<\/strong><strong> CLIMATE STORY OUTSIDE THE REGION- It\u2019s quiet on the international climate <\/strong><strong>news front<\/strong>, but new data released by the Environmental Defense Fund shows US oil and gas producers are emitting 4x the rate of methane estimated by the Environmental Protection Agency. Data collected by <a target=\"_blank\" href=\"https:\/\/www.edf.org\/methanesat\/fight-climate-change-methaneair\" style=\"\" rel=\"noopener\">MethaneAIR<\/a> from 70% of the US onshore oil and gas production areas showed emissions surpass the industry\u2019s own targets by eightfold, emitting around 7.5 mn metric tons of methane annually, equivalent to 860 metric tons per hour. The data points to a mismatch between industry pledges and actual emissions, raising questions about the effectiveness of current management practices by regulators. <strong>The story was picked up by<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/drillers-emit-far-more-methane-than-us-estimates-aerial-survey-shows-2024-07-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong>, the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/58e7a24a-2526-4e83-8a6a-ed8ba1f7229b\" style=\"\" rel=\"noopener\">Financial Times<\/a><\/strong><strong>, and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-31\/methane-data-show-us-oil-and-gas-producers-must-cut-releases-80\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong>.<\/strong><\/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><a id=\"wwtt1\"><\/a>#1- Egypt streamlines environmental approvals: <\/strong>The Egyptian Cabinet approved amendments to the executive bylaws of the environmental law to streamline the process of obtaining environmental approvals for projects, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02yoqCTyPc42Y9MReoW2nYg57cQF1yMnBE7taa2Si3dj1vnCtpb4RAGYxvBLBehZAil?rdid=uPFOfpqHyMJ2sUAh\" style=\"\" rel=\"noopener\">statement<\/a>. The amendments aim to ensure faster issuance while maintaining compliance with global environmental standards, and will introduce a voluntary compliance mechanism for existing facilities to align with environmental criteria.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Key changes: <\/strong>The amendments give the board of the Environmental Affairs Agency power to oversee the agency's operations and policy formulation, the statement adds, stipulating all entities must submit an environmental impact assessment before commencing with any projects to ensure thorough evaluation and compliance. The amendments also require companies to adhere to accurate environmental measurements and reporting to record any environmental impact from their activities, and notify the Environmental Affairs Agency of any violations that might occur.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- Fitch expects an ESG sukuk slowdown: <\/strong>Fitch Ratings predicts slower issuance of ESG sukuk in 3Q 2024 with the forecasts in line with the market seasonality of a global sukuk slowdown during the period, according to the agency\u2019s <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/non-bank-financial-institutions\/esg-sukuk-issuance-slowdown-in-3q24-promising-prospects-ahead-30-07-2024\" style=\"\" rel=\"noopener\">Global ESG Sukuk Outlook<\/a>. It said it expects the sukuk to regain traction between 4Q 2024 and 1Q 2025. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers: <\/strong>Global outstanding ESG sukuk rose 41% y-o-y to USD 43 bn at the end of 1H 2024, with Islamic finance core markets \u2014 GCC countries, Malaysia, Indonesia, Turkey and Pakistan \u2014 seeing ESG sukuk issuance up 13% over the period to USD 6.3 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Half of the 94% of the Asian companies adhering to the Science Based Targets <\/strong><strong>initiative have no clear plan on how to <\/strong><strong>achieve the set goals<\/strong>, Schneider Electric's head of sustainability business in Asia Pacific, India, the Middle East and Africa Farrukh Shad said at <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-31\/asian-companies-climate-ambition-faces-roll-out-challenges?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> \u2019s Singapore Sustainable Business Summit. Financial institutions can play a crucial role in bridging this gap by helping companies plan their transitions and offering better terms for sustainable projects, Bangkok Bank President Chartsiri Sophonpanich said at the panel. Government-led policies like carbon trading are also essential. Expanding and mandating climate disclosures can attract investors to finance decarbonization goals, benefiting firms with global operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- More heat for ESG state-side: <\/strong>A US congressional committee has asked over 130 investors to outline their ESG-related goals and warned investors that emissions reductions pledges could be in violation of antitrust laws, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/us-house-committee-demands-esg-information-investors-2024-07-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Despite the warning, no antitrust lawsuit has been filed against any climate coalition but former regulators have been brought in by the committee as part of a probe. A spokesperson for climate-focused investor group Ceres said \"tens of thousands of documents\" had already been outlined for the committee and the request was \"unlikely to gather any new information\" and represented \u201canother attempt to deter investors from participating in the initiative.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The Red Party has been coming after ESG for some time: <\/strong>A group called Consumers\u2019 Research launched a USD multi-mn lobbying campaign against banks engaging in ESG funding since 2022, arguing that the company participating in ESG financing is misusing retirement funds. The anti-ESG movement also argued that incentivising green funding creates market distortion, risks greenwashing, lowers investment return, reduces shareholder value, and generally impedes economic growth. Several major asset managers, including BlackRock, have scaled back their green commitments and ditched Climate Action 100+ as a result. <strong>Read all about ESG divestment in our handy <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b46019be-ae7e-4b54-bba2-94e0cb539cc4\/new-deposits-in-esg-funds-plummeted-57%2525-y-o-y-in-2023,-here%25e2%2580%2599s-why\" style=\"\" rel=\"noopener\">Enterprise Explainer<\/a><\/strong><strong>. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Taxation for climate disaster protection provisionally agreed by <\/strong><strong>G20: <\/strong>G20 finance ministers in Brazil have agreed provisionally to tackle taxation of the world\u2019s wealthiest to help bring relief from repercussions of climate disasters and other pressing issues, yet conflicts have emerged on how to implement the scheme, <a target=\"_blank\" href=\"https:\/\/news.sky.com\/story\/serious-global-progress-g20-countries-agree-to-targeted-tax-on-super-rich-in-theory-13186697#:~:text=For%20the%20first%20time%2C%20finance,statements%20after%20meetings%20in%20Brazil.\" style=\"\" rel=\"noopener\">Sky News<\/a> reported earlier this week, citing a joint communique. The ministers agreed \"engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed\" in a move hailed by rights groups as \u201cserious global progress.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>Divisions have emerged on whether the talks for such a scheme should be hosted by the UN or through the Organization for Economic Cooperation and Development (OECD) which was founded by US and European allies, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/g20-agrees-tackle-taxation-super-rich-forum-not-yet-decided-2024-07-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. US Treasury Secretary Janet Yellen told Reuters that the OECD could be a better choice as it has already been handling talks over a global two-part corporate tax pact for the past three years. \"We don't want to see this shifted to the UN,\" Yellen said, adding that the OECD \"is a consensus-based organization. We've made a huge amount of progress, and the UN doesn't have the technical expertise to do this.\"<\/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><a id=\"wwtt3\"><\/a><\/strong><strong>Tunisia\u2019s booming <\/strong><strong>phosphate is good for business, bad for environment: <\/strong>Tunisia\u2019s increased push for phosphate reserves in its Gafsa Valley is causing the region to suffer from severe environmental degradation and health issues, <a target=\"_blank\" href=\"https:\/\/foreignpolicy.com\/2024\/07\/30\/tunisia-phosphate-boom-kaie-saied-environment\/\" style=\"\" rel=\"noopener\">Foreign Policy<\/a> reported earlier this week. These reserves, managed by the state-owned Company of Gafsa Phosphates (CPG), account for 15% of Tunisia's total exports. Despite this economic boom, the region is plagued by pervasive black dust, leading to chronic respiratory problems among residents.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Environmental concerns are piling up: <\/strong>Environmental concerns are mounting as phosphate mining depletes water resources and pollutes the soil. Farmers in the region also struggle with water shortages as wells are diverted to phosphate laundries. Streams of polluted mud also flow from the mines, contaminating agricultural land and harming livestock.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some are calling for action: <\/strong>Civil society organizations, such as the Tunisian Forum for Economic and Social Rights, are advocating for greater transparency and accountability in the industry. The town council of El Hamma has lodged complaints against the CPG due to the adverse effects on local farming. Despite these challenges, the Tunisian government continues to prioritize phosphate production, viewing it as a critical economic resource amid the country's financial crisis.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tunisia\u2019s <\/strong><strong>Monastir Bay is also facing an environmental crisis: <\/strong>The government must declare an \u201cenvironmental emergency\u201d as the Monastir Bay as the area continues to grapple with severe pollution, the Tunisian Forum for Economic and Social Rights\u2019 member Monir Hussein <a target=\"_blank\" href=\"https:\/\/radioexpressfm.com\/ar\/%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D9%85%D9%86%D9%8A%D8%B1-%D8%AD%D8%B3%D9%8A%D9%86-%D8%A7%D9%84%D9%88%D8%B6%D8%B9-%D8%A7%D9%84%D8%A8%D9%8A%D8%A6%D9%8A-%D9%83%D8%A7%D8%B1%D8%AB%D9%8A-%D9%81%D9%8A-%D8%AA%D9%88%D9%86%D8%B3-%D9%88%D9%8A\/\" style=\"\" rel=\"noopener\">said<\/a> in a radio interview. The bay, once rich in biodiversity, has suffered since the establishment of the Bou-Hjar purification plant which discharges untreated wastewater, leading to fish deaths and water discolouration. The pollution is impacting health, the fishing industry, and the economy, prompting civil society to demand urgent action and a shift towards sustainable waste management. Hussein also criticized the state's development model which he says opts for relocating pollution over addressing its root causes.<\/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\">Were you forwarded this email? <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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/worldesgsummit.com\/\" style=\"\" rel=\"noopener\">World ESG Summit<\/a><\/strong><strong> from Tuesday, 20 August to Wednesday, 21 <\/strong><strong>August<\/strong> in Dubai. The summit will gather experts and industry leaders to explore new ways to integrate Environmental, Social, and Governance (ESG) principles into business practices. <\/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.cgee.org\/\" style=\"\" rel=\"noopener\">International Conference on Clean and Green Energy Engineering<\/a><\/strong> <strong> from Saturday, 24 August to Monday, 26 August<\/strong> in Izmir. The event will gather researchers and professionals to share advances in clean energy. It will also offer a platform to discuss the latest research, practices, and applications in clean and green energy engineering.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"85780\" 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=\"85781\" 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=\"85781\">\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\">RENEWABLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/egypt-is-reportedly-reviewing-hydropower-plans-valued-at-usd-4-bn\/\">\r\n                            Egypt is reportedly reviewing hydropower plans valued at USD 4 bn                        <\/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\/08\/01\/egypt-is-reportedly-reviewing-hydropower-plans-valued-at-usd-4-bn\/\" 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 proposed project revives shelved plans suspended by Egypt in recent years over <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/eb464c30-c3fd-4da8-b4a4-b5b69bcfc07f\" style=\"\" rel=\"noopener\">concerns of water scarcity<\/a> due the disputed Grand Ethiopian Renaissance Dam (GERD), the source added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Details are scarce: <\/strong>Egypt plans to review offers and sign MoUs to accelerate planned projects, the source said. No details on interested players were provided, but the source said China was on the lookout for a partner in Africa for such projects amid offered incentives in the continent. Hydroelectric power reportedly contributed 15k GWh of renewable power to Egypt\u2019s clean energy portfolio last year, the source added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">There was Chinese interest some time ago:<\/strong><span style=\"background-color: transparent;\"> Egypt is reportedly looking to set up a water pumping and storage station with a renewable electricity production capacity of 2.4 GW in Egypt\u2019s mountainous Ataka region, a government source told <\/span><a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/07\/31\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AE%D8%B7%D8%B7-%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%B7%D8%A7%D9%82%D8%A9-%D9%83%D9%87%D8%B1%D9%88%D9%85%D8%A7%D8%A6%D9%8A%D8%A9-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-4-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-\" rel=\"noopener\">Al Arabiya<\/a><span style=\"background-color: transparent;\">. The government had reportedly inked an MoU with a Chinese company over three years ago to implement the project, before being indefinitely postponed due to financial and technical issues.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And that\u2019s not all: <\/strong>Egypt is planning to offer new renewable energy projects in the upcoming period with the private sector with investments estimated at USD 6 bn over the next three years, the source said. Most of the projects will focus on solar, wind and green hydrogen with offers on the table to set up solar and wind farms in the Red Sea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How is Egypt\u2019s current renewable energy shaping up? <\/strong>The country expects to produce 45 GW of clean energy from ongoing and future renewable energy projects, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0u63TF7An4a86UPJ1yZzERbAvfDJqs44jPMNQ4e1PTp4SqCsTyPkQLhQLq9yBrBRul?rdid=LYEwafMEJXlafMg4\" style=\"\" rel=\"noopener\">statement<\/a> by the Electricity Ministry. The country's combined wind and solar energy capacity currently stands at around 4.6 GW, with hydropower contributing an additional 2.8 GW. Several projects are expected to begin operations before the summer of 2025, along with others pending completion of necessary procedures to start in 2026 and 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some deliveries to the grid are expected by fall: <\/strong>The ministry plans to add <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0f979bdb-c101-4b06-9784-95ed6604c695\" style=\"\" rel=\"noopener\">750 MW of renewable energy<\/a> from two projects to the national grid by October. Egypt was also planning to add 700 MW of solar energy to the national grid by the end of August. The 250 MW first phase of Orascom Construction, Toyota, and Engie\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/39e55e8c-4fad-48bd-bd4e-2a5d4f2960d1\" style=\"\" rel=\"noopener\">mega wind plant<\/a> is scheduled to open this month, while the <a target=\"_blank\" href=\"https:\/\/www.ameapower.com\/776-2\/\" style=\"\" rel=\"noopener\">500 MW solar power plant<\/a> in Kom Ombo underdevelopment by the UAE-based Al Nowais\u2019s subsidiary Amrea Power is expected to be operational by October.<\/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\/hydropower\/\">HYDROPOWER<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85783\" 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=\"85783\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/bp-to-acquire-49-in-omans-hyport-duqm-green-hydrogen-project\/\">\r\n                            BP to acquire 49% in Oman\u2019s Hyport Duqm green hydrogen 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\/08\/01\/bp-to-acquire-49-in-omans-hyport-duqm-green-hydrogen-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 stake purchase comes under an agreement between BP and Oman\u2019s state oil giant OQ and Belgian dredging company Deme. No further details were provided, but BP said the transaction was still pending regulatory approval.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What we know:<\/strong><span style=\"background-color: transparent;\"> The transaction will also allow BP to take operations in the project which is expected to produce 57k tons of green hydrogen per annum, according to the earnings release. The plant will cover an area of 150 sq km with a production capacity of 2 GW of electricity used to generate the green hydrogen, Oman News Agency reported <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/40455595-d905-4d49-a583-ee97e18a20cb\" rel=\"noopener\">back in March<\/a><span style=\"background-color: transparent;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Oman is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/72d33bae-9f1a-4c3d-a4f2-f8b7def5cd9c\" style=\"\" rel=\"noopener\">targeting the production<\/a> of 1.38 mn tons of hydrogen annually by 2030. Its state-owned Hydrom signed an agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/119c4208-382b-44f0-8738-aa7b495f86bc\" style=\"\" rel=\"noopener\">last year<\/a> with the Hyport Duqm Consortium \u2014 a JV between OQ Alternative Energy and DEME Concessions \u2014 for the construction of a green hydrogen production facility to produce some 1 mn tons of green ammonia. OQ Alternative Energy \u2014 the green unit of OQ \u2014 is also among the backers of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/49e9b05d-b30e-428c-8be7-69fec3f4bc84\" style=\"\" rel=\"noopener\">Green Energy Oman<\/a> clean fuels hub which will aim for a production capacity of 1.8 mn tons of green hydrogen annually, supplemented by 25 GW of renewables.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85785 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"85785\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/85785\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85785\" class=\"content-area-description single-story post-85785 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareinfinitypower.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/851.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85786\" 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=\"85786\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/jinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026\/\">\r\n                            JinkoSolar\u2019s USD 1 bn Saudi solar cell factory will go live in 2026                        <\/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\/08\/01\/jinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026\/\" 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\/08\/01\/jinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026\/')\">\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\/08\/01\/jinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026\/\">\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=JinkoSolar\u2019s USD 1 bn Saudi solar cell factory will go live in 2026&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/jinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026\/\">\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\/08\/01\/jinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026\/&title=JinkoSolar\u2019s USD 1 bn Saudi solar cell factory will go live in 2026\">\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=JinkoSolar%E2%80%99s+USD+1+bn+Saudi+solar+cell+factory+will+go+live+in+2026+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F01%2Fjinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026%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\/08\/01\/jinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/63.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85787\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/jinkosolars-usd-1-bn-saudi-solar-cell-factory-will-go-live-in-2026\/63-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/63.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"63.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/63.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/63.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85786\" class=\"content-area-description single-story post-85786 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-enterpriseclimate tag-saudi-arabia tag-solar tag-solar-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.78bb690e-62a3-4a03-be01-96feeb6cfdd4.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We have updates on JinkoSolar\u2019s Saudi factory: <\/strong>Chinese solar module manufacturer JinkoSolar expects its solar component manufacturing plant in Saudi \u2014 slated to be the world\u2019s largest N-type solar cell manufacturing facility \u2014 to go live in early 2026, VP Qian Jing told China state-owned news service <a target=\"_blank\" href=\"https:\/\/www.ecns.cn\/business\/2024-07-31\/detail-iheeumea4568825.shtml\" style=\"\" rel=\"noopener\">ECNS<\/a>. The facility will carry an investment ticket of USD 1 bn and produce 10 GW worth of solar cells and modules annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What we know: <\/strong><span style=\"background-color: transparent;\">The project is part of a joint venture <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f0fb909b-eb24-47ae-8b87-dbea141b0c0c\" rel=\"noopener\">signed last month<\/a><span style=\"background-color: transparent;\"> between JinkoSolar, Saudi Arabia\u2019s Public Investment Fund\u2019s wholly-owned subsidiary Renewable Energy Localization Company (Relc) along with Riyadh-based and privately owned renewable energy firm Vision Industries. Relc and JinkoSolar will hold a 40% stake each, with Vision owning 20%. It will be funded through a combination of its internal funds and loans, JinkoSolar said in a <\/span><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/64.pdf\" rel=\"noopener\">press release (pdf)<\/a><span style=\"background-color: transparent;\"> last month.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What are N-Type cells?<\/strong> <a target=\"_blank\" href=\"https:\/\/www.trinasolar.com\/us\/resources\/blog\/whats-n-type-solar-technology\" style=\"\" rel=\"noopener\">N-type solar cells<\/a> use phosphorus mixed with silicon in the manufacturing process rather than boron, which is used in standard P-type solar panels. This causes the panel to be negatively charged as it has one more electron than silicon. Phosphorus has been shown to be more efficient than boron as it is less prone to degradation from light or losing its purity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Already active in Saudi: <\/strong>JinkoSolar was awarded a contract <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cb61db84-4fdd-4497-b380-b0131db6ef41\" style=\"\" rel=\"noopener\">last month<\/a> to supply 1 GW of solar modules for the solar energy plants powering Saudi Arabia\u2019s giant Neom Green Hydrogen Project currently under construction. It will provide its Tiger Neo 'N-Type TOPCon modules, which has a first year degradation rate that is less than 1% and linear degradation of 0.4%, according to its <a target=\"_blank\" href=\"https:\/\/jinkosolar.eu\/products\/tiger-neo\/\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Chinese company currently holds a 70% stake in the Saudi market<\/strong>, Qian told ECNS. Its ventures include a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8f0807ba-01ab-4a32-94f8-c0c08fbeacaa\" style=\"\" rel=\"noopener\">25-year power purchase agreement<\/a> with the Saudi Power Procurement Company (SPCC) last September to develop the 1.5 GW Tabarjal PV plant. It was also among the qualified bidders for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3118a34b-09c8-4191-b220-0c1210649f93\" style=\"\" rel=\"noopener\">SPPC\u2019s 3.7 GW worth of renewable energy<\/a> projects in February. It also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e987a624-8db3-4c6b-bfd6-bbe62eddd6f8\" style=\"\" rel=\"noopener\">secured a USD 315 mn build-own-operate contract<\/a> for a 400 MW solar energy plant in KSA\u2019s northern Al Jouf province last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jinko is also eyeing other regional markets:<\/strong> The company is among the prequalified bidders to develop Oman's <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/befc63e0-6f83-49b1-98ae-ba317e5bb098\" style=\"\" rel=\"noopener\">500 MW Ibri III Solar IPP<\/a>. Jinko previously partnered with Singapore\u2019s Sembcorp Utilities to develop the Manah 2 solar plant in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3aad63f3-6a3c-472b-950e-1d350da25403\" style=\"\" rel=\"noopener\">March last year<\/a>, and worked with Masdar, Abu Dhabi National Energy Company (Taqa), France's EDF Renewables, and Emirates Water and Electricity Company to develop the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/66d56efc-43f3-4761-97d0-72329c6d0269\" style=\"\" rel=\"noopener\">2 GW Al Dhafra Solar IPP<\/a> last year.<\/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\/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=\"85788\" 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=\"85788\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/a-bunch-of-firsts-for-uae-morocco-and-qatar-in-renewables-evs-and-wind-energy\/\">\r\n                            A bunch of firsts for UAE, Morocco, and Qatar in renewables, EVs, and wind energy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/a-bunch-of-firsts-for-uae-morocco-and-qatar-in-renewables-evs-and-wind-energy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The plant utilizes AI to optimize, coordinate and assess how to best integrate the distribution of different types of flexible energy sources \u2014 PV solar, battery storage, EV charging stations, to the state utility\u2019s smart grid. It was now testing the project through a digital twin simulation and running economic and technical feasibility studies to determine its viability in supporting energy transmission and distribution. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">SOUND SMART-<\/strong><span style=\"background-color: transparent;\"> A virtual power plant refers to small flexible energy sources such as solar panels or home batteries that are pooled together for grid use during periods of high demand, or are stored when in excess, according to an <\/span><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/what-is-virtual-power-plant-2023-01-31\/\" rel=\"noopener\">explainer by Reuters<\/a><span style=\"background-color: transparent;\">. VPPs help increase energy efficiency by smoothing out electricity consumption with device owners being compensated for their contribution. Investment in the technology is set to surpass USD 110 bn between 2020 and 2025, according to data by Wood Mackenzie. US solar companies like Sunrun and SunPower have already begun gathering their consumers\u2019 energy systems into VPPs.<\/span><\/p>\n<p class=\"tag-border-left\">ELECTRIC VEHICLES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar gets Tesla supercharger stations: <\/strong>British consultancy and construction firm Mace completes the installation of 12 Tesla supercharger stations at Doha Festival City, marking Qatar\u2019s first venture for Tesla\u2019s EV charging infrastructure, according to a <a target=\"_blank\" href=\"https:\/\/www.macegroup.com\/media-centre\/mace-and-doha-festival-city-leading-the-charge-for-tesla-and-evs-in-qatar\" style=\"\" rel=\"noopener\">statement<\/a>. These stations, operational since June, offer fast charging technology that delivers up to 250 kW, providing around 200 miles of range in just 15 minutes. Qatar is now the third country in the GCC to have Tesla\u2019s supercharger stations after the UAE and Jordan, according to <a target=\"_blank\" href=\"https:\/\/www.tesla.com\/en_ae\/supercharger\" style=\"\" rel=\"noopener\">Tesla\u2019s website<\/a>. <\/p>\n<p class=\"tag-border-left\">WIND- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco taps into offshore wind: <\/strong>Morocco is reportedly seeking a consultant to conduct a feasibility study for what could be Africa's first offshore wind energy project, according to the <a target=\"_blank\" href=\"https:\/\/africanenergycouncil.org\/morocco-starts-africas-first-offshore-wind-farm\/\" style=\"\" rel=\"noopener\">African Energy Council<\/a>. The Moroccan Agency for Sustainable Energy (Masen) and the European Investment Bank (EIB) are said to have issued a tender for technical assistance for the project. The site for the planned project is reportedly located off the coast of Essaouira on the Atlantic Ocean, which is an area known for its strong winds and shallow waters to make it a preferred site for the project <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Studies for the project is getting EIB backing:<\/strong> The EIB signed a <a target=\"_blank\" href=\"https:\/\/www.eib.org\/en\/press\/all\/2022-387-la-bei-soutient-masen-pour-l-evaluation-du-potentiel-eolien-offshore-du-maroc\" style=\"\" rel=\"noopener\">cooperation agreement<\/a> with Masen in 2022 to provide a EUR 2 mn grant for a feasibility study for the project which it said \u201ccould pave the way for an initial small-scale offshore wind energy pilot project in Morocco.\u201d<\/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\/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\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wind-energy\/\">Wind Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85790\" 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=\"85790\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/gaia-helios-raise-usd-400-mn-in-funds-for-africas-climate-drive\/\">\r\n                            Gaia, Helios raise USD 400 mn in funds for Africa\u2019s climate drive                        <\/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\/08\/01\/gaia-helios-raise-usd-400-mn-in-funds-for-africas-climate-drive\/\" 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 Luxembourg-based fund is set to be fully capitalized by the end of 2025 and aims to attract US and European investors with some of the investors pledging USD 50 mn this year, Managing Director Renier de Wit told Bloomberg. Gaia also plans to list investment vehicles on the Kenyan and Botswana stock exchanges to attract institutional and pension fund investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And that\u2019s not all: <\/strong>British private equity firm <a target=\"_blank\" href=\"https:\/\/www.heliosinvestment.com\/\" style=\"\" rel=\"noopener\">Helios Investment Partners<\/a> has raised an initial USD 200 mn for its Helios Climate, Energy Access, and Resilience Fund (CLEAR), bringing the fund closer to its USD 400 mn target, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/helios-raises-initial-200-mln-africa-focused-climate-fund-2024-07-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a statement. The funds will support African companies in low carbon energy, climate smart agriculture and food, climate friendly mobility and logistics, recycling and resource efficiency, and digital and financial climate \u201cenablers.\u201d They came from the UK\u2019s FCDO, European Investment Bank, British International Investment, Dutch Development Bank and the Swiss Investment Fund for Emerging Markets among others.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters:<\/strong> The funds will help address the significant energy access gap in Africa \u2014 where about half the population lacks electricity, according to Bloomberg. The continent has vast renewable energy resources that remain unutilized due to a lack of funding.<\/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>Britain raises renewables auction budget to GBP 1.5 bn: <\/strong>The UK\u2019s new Labour government has increased its current annual renewable power auction budget by 50% to a record high GBP 1.5 bn (USD 1.9 bn), <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/uk\/britain-ups-renewable-power-auction-budget-15-bln-pounds-2024-07-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. A higher budget will pave the way for more projects to be selected and offered a minimum price of electricity. When the prices are lower than the minimum, the budget will compensate for the difference while producers pay back the difference when the prices go up. Around GBP 1.1 bn will be dedicated to offshore wind, with GBP 185 mn going to established technologies and GBP 270 mn channeled towards emerging technologies. The Labour government aims to decarbonize the electricity sector by 2030. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming: <\/strong>Britain\u2019s renewables industry has been calling on the government to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4111e3d1-10b8-47fd-ba3e-cab3621841eb\" style=\"\" rel=\"noopener\">increase the renewable auction budget<\/a> after the 2023 auction failed to incentivize new wind projects. The budget was first set at GBP 1 bn with analysts saying that they should be raised to GBP 1.5 bn.<\/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>Solvay to curb EU reliance on Chinese rare earth metals: <\/strong>Belgian chemicals group Solvay is aiming to reduce Europe\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3e08a588-1d47-454e-9cb2-a64b30187193\/today:-more-funding-for-egypt%25e2%2580%2599s-green-transition-%2B-masdar-is-reportedly-eyeing-an-indian-acquisition\" style=\"\" rel=\"noopener\">dependence on China\u2019s critical minerals<\/a> by providing its own metals for use in EV permanent magnets and wind turbines. The group said it will begin regular production in its La Rochelle plant in France in early 2025 in an attempt to meet 30% of Europe\u2019s permanent magnet demand by 2030. Solvay is the only European firm with the industrial capacity for processing the materials at such a level. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/solvay-aims-produce-30-eus-needs-critical-components-evs-wind-turbines-2024-07-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>Uber <\/strong><strong>to add BYD EVs to global fleet: <\/strong>Uber Technologies has partnered with Chinese automaker BYD to introduce 100k EVs to its ride-hailing platform starting in Europe and Latin America. The agreeement aims to reduce EV ownership costs and accelerate adoption excluding the US due to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/817b4a75-e1ec-4ee1-9fc5-7d43042419f6\" style=\"\" rel=\"noopener\">high tariffs<\/a> on Chinese EVs. (<a target=\"_blank\" href=\"https:\/\/investor.uber.com\/news-events\/news\/press-release-details\/2024\/Uber-and-BYD-Partner-to-Accelerate-Global-EV-Transition\/default.aspx\" 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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85792\" 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=\"85792\">\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\/08\/01\/twisted-carbon-can-store-more-energy-than-lithium-batteries\/\">\r\n                            Twisted carbon can store more energy than lithium batteries                        <\/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\/08\/01\/twisted-carbon-can-store-more-energy-than-lithium-batteries\/\" 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\/08\/01\/twisted-carbon-can-store-more-energy-than-lithium-batteries\/')\">\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\/08\/01\/twisted-carbon-can-store-more-energy-than-lithium-batteries\/\">\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=Twisted carbon can store more energy than lithium batteries&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/twisted-carbon-can-store-more-energy-than-lithium-batteries\/\">\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\/08\/01\/twisted-carbon-can-store-more-energy-than-lithium-batteries\/&title=Twisted carbon can store more energy than lithium batteries\">\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=Twisted+carbon+can+store+more+energy+than+lithium+batteries+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F01%2Ftwisted-carbon-can-store-more-energy-than-lithium-batteries%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\/08\/01\/twisted-carbon-can-store-more-energy-than-lithium-batteries\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2614.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85793\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/twisted-carbon-can-store-more-energy-than-lithium-batteries\/2614-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2614.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2614.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2614.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2614.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85792\" class=\"content-area-description single-story post-85792 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-in-the-news tag-enterpriseclimate tag-green-tech 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\/8\/.5c9a659a-285b-4b29-b6a7-b254a2174110.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Twisted carbon nanotubes can store three times more <\/strong><strong>energy per unit mass than advanced lithium-ion batteries<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/2608.pdf\" style=\"\" rel=\"noopener\">study (pdf)<\/a> by researchers at the Center for Advanced Sensor Technology (CAST) published in the journal Nature Nanotechnology. The study highlights the potential of carbon nanotubes for energy storage in lightweight, compact, and safe devices such as medical implants and sensors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">How does it work? <\/strong><span style=\"background-color: transparent;\">The researchers manufactured carbon nanotube ropes from bundles of commercially available nanotubes. These ropes, when twisted and coated with various substances, demonstrated the ability to store 15k times more energy per unit mass than steel springs and three times more energy than lithium-ion batteries. The stored energy remained consistent across a wide temperature range, making the nanotubes a versatile and safer alternative to traditional batteries.<\/span><\/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>Despite the heavy reliance on lithium in clean energy tech, extraction methods have <a target=\"_blank\" href=\"https:\/\/www.nature.com\/articles\/s43017-022-00387-5\" style=\"\" rel=\"noopener\">several<\/a><a target=\"_blank\" href=\"https:\/\/www.nature.com\/articles\/s43017-022-00387-5\" style=\"\" rel=\"noopener\">environmental drawbacks<\/a> including fresh water consumption, soil and water contamination, energy consumption, and waste generation.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-tech\/\">green tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85794\" 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=\"85794\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/bioengineering-trees-could-boost-their-carbon-storage-capacities-researchers-say\/\">\r\n                            Bioengineering trees could boost their carbon storage capacities, researchers say                        <\/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\/08\/01\/bioengineering-trees-could-boost-their-carbon-storage-capacities-researchers-say\/\" target=\"_blank\">\n                    Open in new tab        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   <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/47.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85795\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/01\/bioengineering-trees-could-boost-their-carbon-storage-capacities-researchers-say\/47-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/47.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"47.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/47.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/47.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85794\" class=\"content-area-description single-story post-85794 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-carbon-offsetting tag-decarbonization tag-enterpriseclimate tag-on-your-way-out wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.5b032126-f5c4-4c1a-ba79-916d33c19cb1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>A whole new kind of carbon sequestering wood:<\/strong> The discovery of \u201cmidwood\" in tulip trees by researchers at Cambridge University suggests that bioengineering trees with similar fibers could allow for the breeding of other tree species to boost their storage of carbon, according to a report by <a target=\"_blank\" href=\"https:\/\/www.newscientist.com\/article\/2442082-we-have-discovered-an-entirely-new-kind-of-wood\/\" style=\"\" rel=\"noopener\">New Scientist<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More about the discovery: <\/strong>Researchers discovered that tulip trees \u2014 also known as liriodendron \u2014 possess a unique type of wood, dubbed \u201cmidwood\u201d as it is neither hard nor soft, that could significantly enhance their ability to store carbon, according to <a target=\"_blank\" href=\"https:\/\/nph.onlinelibrary.wiley.com\/doi\/10.1111\/nph.19983\" style=\"\" rel=\"noopener\">research<\/a> published in the New Phytologist. The new wood features larger fibers, known as macrofibrils, which might be more efficient at carbon sequestration.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What makes it different:<\/strong> Tulip trees diverged from the Magnolia genus 30-50 mn years ago during a period of declining atmospheric CO2 leading the tree species to evolve to improve carbon sequestration, the paper showed. \u201cIt was bang in the middle of when the planet was undergoing a big change in atmospheric CO2 levels,\u201d co-author Raymond Wightman writes. The trees\u2019 nanoscale structure <a target=\"_blank\" href=\"https:\/\/www.newscientist.com\/article\/2442082-we-have-discovered-an-entirely-new-kind-of-wood\/\" style=\"\" rel=\"noopener\">sits between hardwood and softwood<\/a>, with macrofibrils around 20 nanometers in diameter versus the typical 15 nanometers in hardwood and 25 nanometers in softwood.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does this mean for natural carbon storage? <\/strong>Tulip trees already grow rapidly and are used in East Asian plantations to store carbon, according to the research. Their fast growth and high carbon intake make them promising candidates for reforestation projects aimed at mitigating climate change. The research team is also exploring the potential of bioengineering trees with midwood-sized macrofibrils to test their carbon storage capabilities. A successful outcome would allow for the breeding of other tree species to boost their storage of carbon.<\/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\/carbon-offsetting\/\">carbon offsetting<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85796\" 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\/08\/01\/85796\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85796\" class=\"content-area-description single-story post-85796 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;\">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;\">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>23-25 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/powerelecbahrain.com\/\" style=\"\">Powerlec Bahrain 2024<\/a><\/span><span style=\"font-weight:400;\">, Manama, Bahrain.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25-26 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/steel.apexevents.cn\/\" style=\"\">Green Steel 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=\"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>1-3 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/csew.net\/\" style=\"\">Cairo Sustainable Energy 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>2-3 October (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wges.ae\/\" style=\"\">World Green Economy 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>10-12 October (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/icaige.tn\/\" style=\"\">The IEEE International Conference on Artificial Intelligence & Green Energy<\/a><\/span><span style=\"font-weight:400;\">, Yasmine Hammamet, Tunisia.<\/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>15-16 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-show-ksa\/index.stm\" style=\"\">Solar & Storage Live KSA<\/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>6-7 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.afsiasolar.com\/refa-renewable-energy-forum-africa-2023\/\" style=\"\">Renewable Energy Forum Africa<\/a><\/span><span style=\"font-weight:400;\">, Tunis, Tunisia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/africa-press-releases\/southern-african-german-chamber-of-commerce-partners-with-critical-mineral-africa-cma-for-2024-summit-ccdt5jdr\" style=\"\">Critical Mineral Africa Summit<\/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<\/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- 27 November: (Tuesday - Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/b4243wl-abu-dhabi-host-world-food-security-summit-for\" style=\"\">World Food Security 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>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=\"\">Future Power 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>3-4 December (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/msgbcoilgasandpower.com\/event\/msgbc-oil-gas-power-2024\/\" style=\"\">MSGBC Oil, Gas & Power 2024 conference<\/a><\/span><span style=\"font-weight:400;\">, Dakar, Senegal.<\/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>12-15 January (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wrenuk.co.uk\/\" style=\"\">World Renewable Energy Congress<\/a><\/span><span style=\"font-weight:400;\">, Manama, Bahrain.<\/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>23-25 February (Sunday- Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gweccc.com\/\" style=\"\">Global Water Energy and Climate Change Congress<\/a><\/span><span style=\"font-weight:400;\">, Manama, Bahrain.<\/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>24-27 February (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/environment-authority-to-hold-inaugural-oman-climate-week-february-24-27-2025-uwf3f8c6\" style=\"\">Oman Climate Week<\/a><\/span><span style=\"font-weight:400;\">, Muscat, Oman. <\/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=\"\">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>Big hydropower plans | BP snaps up Hyport Duqm stakes | JinkoSolar\u2019s Saudi factory queued up for 2026 | What\u2019s a virtual power plant?<\/p>\n","protected":false},"featured_media":85777,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-85776","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"d828c232-fb3f-4cb4-a2b0-e10082f0c9f9","teaser":"Big hydropower plans | BP snaps up Hyport Duqm stakes | JinkoSolar\u2019s Saudi factory queued up for 2026 | What\u2019s a virtual power plant?","photo_url":"https:\/\/ent.news\/2024\/4\/2169.jpeg"},"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>Egypt is reportedly reviewing hydropower plans valued at USD 4 bn - 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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