{"id":85971,"date":"2024-08-12T00:00:00","date_gmt":"2024-08-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=85971"},"modified":"2025-12-15T11:17:05","modified_gmt":"2025-12-15T11:17:05","slug":"masdar-is-reportedly-lining-up-a-new-200-mw-wind-farm-in-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/masdar-is-reportedly-lining-up-a-new-200-mw-wind-farm-in-egypt\/","title":{"rendered":"Masdar is reportedly lining up a new 200 MW wind farm in Egypt"},"content":{"rendered":"<section id=\"85973\" 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=\"85973\">\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\/12\/today-more-wind-for-egypt-veolia-sells-moroccos-lydec\/\">\r\n                            TODAY: More wind for Egypt + Veolia sells Morocco\u2019s Lydec                        <\/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\/12\/today-more-wind-for-egypt-veolia-sells-moroccos-lydec\/\" 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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First, the China-EU tariff squabble has landed at the WTO\u2019s feet\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>China <\/strong><strong>takes the EU tariffs fight to the WTO:<\/strong> China has lodged a complaint with the World Trade Organization (WTO) over the EU\u2019s decision to impose anti-subsidy duties on Chinese EVs. China\u2019s Ministry of Commerce stated that the EU\u2019s provisional conclusion lacks both factual and legal foundation and that the decision severely violates WTO rules and undermines global cooperation on climate change. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The investigation is ongoing: <\/strong>There will be <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/56b64b62-44fe-4371-87c7-916029296e8a\" style=\"\" rel=\"noopener\">additional hearings<\/a> held for the EU\u2019s anti-subsidy investigation into Chinese EV firms SAIC, Zhejiang Geely Holding Group, and BYD. SAIC \u2014 facing the highest provisional duty at 37.6% \u2014 recently attended a hearing with the European Commission requested by the company, while Geely and BYD are also engaging with EU regulators to push against the block\u2019s decision to impose 19.9% and 17.4% import tariffs on the Chinese vehicles, respectively.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- China has been looking to the WTO for help: <\/strong>China asked the WTO to establish an expert panel to resolve <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/88e74893-8ef2-46d8-91b1-8f673a535d44\/\" style=\"\" rel=\"noopener\">the dispute over the EV subsidies<\/a> the US is rolling out under the Inflation Reduction Act last month. China also began a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e56da64d-1c1e-443c-86ea-e13c7275fbc5\/today:-more-mining-in-ksa-%2B-good-news-for-green-hydrogen-in-mena\" style=\"\" rel=\"noopener\">dispute settlement<\/a> against the US at the WTO in March, citing \u201cdiscriminatory subsidies\u201d that exclude their EVs from the market in March.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:<\/strong> <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/china-eu-wto-ev-tariffs-46e93252625475e1af0e023282802705\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/eus-ev-preliminary-ruling-violate-wto-rules-china-ministry-says-2024-08-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-09\/china-takes-europe-s-ev-tariffs-to-wto-as-trade-tensions-rise\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/917192a2-385a-4121-a9bd-0e92475f044f\" style=\"\" rel=\"noopener\">The Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2024\/08\/09\/european-union-ev-tariffs-china-wto\" style=\"\" rel=\"noopener\">Axios<\/a> | <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/business\/2024\/08\/09\/china-appeals-to-world-trade-organisation-over-eu-electric-vehicle-tariffs\" style=\"\" rel=\"noopener\">Euronews<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p 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\u2019s NREA allocates land for renewables plants: <\/strong>The Egyptian New and Renewable Energy Authority (NREA) has allocated land plots spanning 31k km for investors looking to set up renewable energy projects, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d9%85%d8%b5%d8%a7%d8%af%d8%b1-%d8%ad%d9%83%d9%88%d9%85%d9%8a%d8%a9-%d8%aa%d8%ae%d8%b5%d9%8a%d8%b5-31-%d8%a3%d9%84%d9%81-%d9%83%d9%8a%d9%84%d9%88%d9%85%d8%aa%d8%b1-%d9%85%d8%b1%d8%a8%d8%b9-%d9%84\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> reported on Thursday, citing sources from Egypt\u2019s Electricity Ministry. The total renewable energy expected from these projects is estimated at 113 GW \u2014 most of which will be generated from green hydrogen, namely from projects that first saw the light <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0f2251cd-82db-4ba9-9ef9-b1287b0bef1f\" style=\"\" rel=\"noopener\">during COP27 in 2022<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who and where?<\/strong> Orascom Construction, Masdar, Al Nowais, Acwa Power, and Norway\u2019s Scatec are all on the list of interested parties in line for plots. The largest portion of the land is located in Sohag and Aswan, the sources told Al Mal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EGYPT NEWS- The first transformer at <\/strong><strong>the Egyptian-Saudi 500 kV interconnection station in Egypt\u2019s Badr City was installed on Saturday<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02NUHsToEb6MzZ2WdDSGydJrq8yi9LgUnYi6UuzU2vaqxUsTNio8nRhHTNxKxqk3sFl\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. The interconnection aims to enhance the electrical grid\u2019s connectivity with neighboring networks, and allow countries to trade their renewable energy generation. The transformer built in Badr City is the first of its kind in the Middle East in both size and type of technology employed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The project is coming a long way: <\/strong>The infrastructure for the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/81d13a3c-e79f-4ff1-93a2-19049c1eb8c7\/\" style=\"\" rel=\"noopener\">3 GW Egypt-Saudi interconnection project<\/a> was around 40-50% complete in February. The project \u2014 which consists of 3 stations connected via 1.35 km of overhead lines and 22 kms of submarine cables in the Gulf of Aqaba \u2014 is expected to come fully online in 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Egypt inaugurated the first meeting of the Environmental and Climate Policy Committee \u2014 a new body aimed at steering the country\u2019s green transition<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/web.facebook.com\/EgyptianCabinet\/posts\/pfbid0337cQCPJMrwzUSPD9vQ13FPUR2WJJbL35Za74MwGsyBtZ2ESMVMBmkYdJD4WAgfW6l\" style=\"\" rel=\"noopener\">statement<\/a>. The committee \u2014 headed by Environment Minister Yasmine Fouad with the participation of key ministries and stakeholders \u2014 will focus on setting objectives, responsibilities, and collaboration across sectors in order to facilitate international financing for Egypt's green initiatives. The committee will also discuss the practical implementation of the Organisation for Economic Co-operation and Development\u2019s (OECD) recommendations for Egypt\u2019s green growth policies. <\/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- <\/strong><strong>Joby <\/strong><strong>to operate eVTOLs in Dubai next year: <\/strong>US-based electric aircraft maker <a target=\"_blank\" href=\"https:\/\/www.jobyaviation.com\/\" style=\"\" rel=\"noopener\">Joby<\/a><a target=\"_blank\" href=\"https:\/\/www.jobyaviation.com\/\" style=\"\" rel=\"noopener\">Aviation<\/a> is set to commence commercial services of its battery-powered air taxis in Dubai by late next year, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-07\/joby-aims-to-start-commercial-air-taxi-flights-from-late-2025?srnd=indus\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing comments by the company\u2019s CEO JoeBen Bevirt. The company plans to have the infrastructure needed to run the electric air vehicles ready this year, before running initial flights in 2H 2025, in preparation for a full commercial launch at the end of 2025. The certifications needed to inaugurate the product \u2014 to be obtained from the US Federal Aviation Administration and other international regulators \u2014 are still pending.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Joby is expanding in the region: <\/strong>The eVTOL outfit is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/14743ef8-0798-4edb-92d6-bf192dc91fb3\" style=\"\" rel=\"noopener\">taking part<\/a> in Abu Dhabi\u2019s Smart and Autonomous Vehicles Industry cluster and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e24e86b3-7ffd-4bf0-8630-1be98c1906ec\" style=\"\" rel=\"noopener\">inked an MoU<\/a> with Abu Dhabi\u2019s Department of Municipalities and Transport to lay the groundwork for it to introduce inter-emirate electric air tax services as early as 2025, last month. Joby is also partnering with Aramco subsidiary Mukamalah Aviation <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e1abba0c-b126-41b4-a800-7d413caf4912\" style=\"\" rel=\"noopener\">to deploy eVTOLs<\/a> in Saudi Arabia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3- <\/strong><strong>Chinese EV manufacturers eying investments in Turkey:<\/strong> Chinese automakers Chery and Saic are in talks with Turkish authorities and potential domestic partners to invest over USD 1 bn each in setting up electric and hybrid manufacturing facilities in Turkey, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/turkey-expects-fdi-reach-12-14-bln-this-year-automotive-investments-eyed-2024-08-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing comments made by head of the presidential investment office Burak Daglioglu. Saic\u2019s distribution firm in Turkey, <a target=\"_blank\" href=\"https:\/\/www.dogantrend.com\/tr\/\" style=\"\" rel=\"noopener\">Dogan Trend Otomotiv<\/a>, is also close to inking an agreement with Saic to build combustion and hybrid cars in the country. This follows the Turkish government\u2019s introduction of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e085cf15-73c6-4131-9a8a-3e853eff3be2\/today:-more-european-m&a-for-masdar-%2B-2q-earnings-trickle-in\" style=\"\" rel=\"noopener\">USD 5 bn incentive package<\/a> for factories with a capacity of at least 150k electric or hybrid vehicles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other Chinese car makers are eying Turkey too: <\/strong>Last month, Chinese EV maker BYD signed an agreement with the Turkish government to build a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/036d43a7-abf8-4f05-b5aa-089dbed2c88a\" style=\"\" rel=\"noopener\">USD 1 bn EV and hybrid production plant<\/a> in the country, with another data center investment scheduled by year's end. Turkey\u2019s EV manufacturer Togg is also reportedly negotiating a possible collaboration with Chinese carmaker Guangzhou Automobile Group.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EU has a lot to gain:<\/strong> Other than serving the domestic market, the move could be a means of evading <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/478d82a4-af04-4c7b-a055-4944618300fc\/today:-veolia-offloads-entire-stake-in-lydec-%2B-lots-of-financing-updates\" style=\"\" rel=\"noopener\">extra tariffs imposed by the EU on Chinese EV imports<\/a>, especially as Turkey holds the position of largest car manufacturer in Europe and highest exports with an annual value exceeding USD 35 bn. Stakeholders can use the agreement to their advantage by entering European markets using Turkey\u2019s customs union with the EU.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Oman is launching a tender for a landfill gas to energy <\/strong><strong>facility this month:<\/strong> Oman Environmental Services Holding Company (Be\u2019ah) will accept bids for constructing a landfill gas-to-energy system this month, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/utilities\/omans-beah-seeks-contractors-for-landfill-gas-to-energy-project-uhqaouxb\" style=\"\" rel=\"noopener\">Zawya Projects<\/a> reported last week, citing the company\u2019s tender document. OQ Trading \u2014 a state-owned international energy and commodity-trading company \u2014 will advise on project development and carbon credit sales. An international tender for the Engineering, Procurement, and Construction (EPC) of systems in Barka and Al Multaqa was issued in July 2024. The tender documents are available until 11 August, with the bid for submission opening on 25 August. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Be\u2019ah is already capturing gas at other sites:<\/strong> Currently, gas is being captured at the Al Multaqa and Barka landfills, with future plans to register the project, amongst others, for carbon credits, according to the OIA\u2019s <a target=\"_blank\" href=\"https:\/\/www.oia.gov.om\/ANR\/OIA_annual_report_2022_Eng.pdf?csrt=11807378057392878770\" style=\"\" rel=\"noopener\">latest annual report (pdf)<\/a>. The firm is also exploring alternative uses for the captured gas, such as converting it into biogenic CO2 or adding it to the national supply of natural gas, the report states.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And is working on a WtE project in Barka: <\/strong>Be\u2019ah, in partnership with Nama Power and Water Procurement Company is also working on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d201dbbf-5b57-48fa-aed6-ff2aa1d7a9da\/oman%25e2%2580%2599s-be%25e2%2580%2599ah-is-in-talks-to-secure-financing-for-waste-treatment-project-expansion\" style=\"\" rel=\"noopener\">waste-to-energy project in Barka<\/a> to treat over 70% of Oman\u2019s annual municipal solid waste, according to the report. The WtE plant, expected to have a power capacity between 130-140 MW, is projected to be operational by Q2 2028.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where did Cairo\u2019s trees go? <\/strong>In the three years leading up to 2020, Cairo lost some 911k sqm of green space as the government carried out projects to expand main roads, slashing the governorate\u2019s trees in the process, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/erosion-cairos-green-space-leaves-residents-exposed-searing-heat-2024-08-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> writes. Cairo also witnessed a number of parks cleared to make room for shops and cafes, while other green spaces have been removed for no clear reason. This has left the country with 1.2 sqm of green space per capita \u2014 far below the World Health Organization\u2019s recommended 9 sqm. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The loss of green space carries significant health implications:<\/strong> The loss of parks, gardens, and other green spaces can exacerbate what experts cited by Reuters call the \u201curban heat island effect,\u201d in which natural land cover is replaced with dense concentrations of pavement, buildings, and other heat-absorbing and heat-retaining surfaces. Urban heat islands increase the likelihood of heat related illness, something that will only be exacerbated as heat waves become more frequent with climate change.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SPEAKING OF TREES- Deforestation in Brazil\u2019s Amazon rainforest <\/strong><strong>increased in July<\/strong>, breaking a 15-month decline achieved under President Lula da Silva, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/lulas-brazil-amazon-deforestation-rises-first-time-15-months-2024-08-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week citing data from the country\u2019s Environment and Science ministries. Approximately 666 sqm of jungle were cleared, a 33% rise compared to the same month last year. The increase is attributed to a strike by environmental workers, climate change-induced droughts and fires, and the municipal election year, which typically sees higher deforestation rates. This makes the goal to end deforestation by 2030 \u2014 pledged by Lula\u2019s administration \u2014 more difficult to achieve. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the strike: <\/strong>The environmental workers\u2019 strike, which began in June demanding better wages and working conditions for environmental workers, has severely impacted the enforcement of laws against deforestation, the report added. The number of environmental fines issued by the main federal environmental enforcement agency fell by 63% for the year up to August 6. <\/p>\n<p class=\"tag-border-left\">THE SCORECARD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Saudi electric car market is expected to grow 6% annually until 2030<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.aleqt.com\/2024\/08\/10\/article_2748199.html\" style=\"\" rel=\"noopener\">Aleqtisadiah<\/a> quotes Lucid Group COO Mark Winterhoff as saying. EV sales in the Kingdom are projected to reach between 210k-250k by that year, and is in line with the government\u2019s target to produce 500k vehicles per year with USD 50 bn in investments. The broader Middle East electric car market is forecasted to expand to USD 8 bn by 2028, up from its current USD 2.7 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE ENTERPRISE FINANCE FORUM- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Are you planning to be in Egypt on 24 September? <\/strong>You may be interested in attending our 2024 Enterprise Finance Forum. Seating is strictly limited at our flagship, invitation-only forum for C-suite executives and other senior leaders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why attend? We\u2019re in the early days of a generational realignment of power in our <\/strong><strong>industry<\/strong> \u2014 in our region and beyond \u2014 and on the cusp of <strong>the biggest intergenerational transfer of wealth the world has ever seen<\/strong>. With that as the backdrop, we\u2019re going to take stock of where we stand six months after the float of the EGP and ask what\u2019s next for finance in Egypt and the wider region. Among the questions we\u2019ll be asking:<\/p>\n<ul>\n<li>What roles will Egypt, Saudi and the UAE play in the regional industry going forward? <\/li>\n<li>What are foreign investors looking for right now? <\/li>\n<li>Is real estate the only asset class in Egypt?<\/li>\n<li>What does the next generation of leaders think as they take over established family businesses? <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Do you want to request an invitation? <\/strong>Tap or click the image below. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"http:\/\/finance2024.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/272.jpg?ssl=1\"\/><\/a> <\/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>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.worldutilitiescongress.com\/\" style=\"\" rel=\"noopener\">World Utilities Congress<\/a><\/strong><strong> from Monday, <\/strong><strong>16 September to <\/strong><strong>Wednesday, 18 September<\/strong> in Abu Dhabi. The event will gather global energy leaders, policymakers, innovators, and industry professionals from the power and water utilities value chain to discuss industry trends and challenges.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/evautoshowonline.com\/\" style=\"\" rel=\"noopener\">EV Auto Show<\/a><\/strong><strong> from Tuesday, 17 September to Thursday, <\/strong><strong>19 September<\/strong> in Riyadh. The show offers a platform for participants to learn about the latest EV technologies and services. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/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\/evtol\/\">EVTOL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"85975\" 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=\"85976\" 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=\"85976\">\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\">WIND<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/masdar-is-reportedly-lining-up-a-new-200-mw-wind-farm-in-egypt\/\">\r\n                            Masdar is reportedly lining up a new 200 MW wind farm in Egypt                        <\/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\/12\/masdar-is-reportedly-lining-up-a-new-200-mw-wind-farm-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                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href=\"https:\/\/api.whatsapp.com\/send?text=Masdar+is+reportedly+lining+up+a+new+200+MW+wind+farm+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F12%2Fmasdar-is-reportedly-lining-up-a-new-200-mw-wind-farm-in-egypt%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\/12\/masdar-is-reportedly-lining-up-a-new-200-mw-wind-farm-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/945.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85977\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/masdar-is-reportedly-lining-up-a-new-200-mw-wind-farm-in-egypt\/945-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/945.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"945.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/945.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/945.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85976\" class=\"content-area-description single-story post-85976 post type-post status-publish format-standard has-post-thumbnail hentry category-wind tag-egypt tag-enterpriseclimate tag-masdar tag-wind-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.b07a754a-3609-4877-b8dd-f6ee92518940.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A <\/strong><strong>new <\/strong><strong>Masdar wind project in Egypt?<\/strong> Egypt\u2019s Electricity ministry is reportedly set to sign an agreement with UAE\u2019s renewables giant Masdar for a 200 MW wind farm, a government source told Enterprise Climate. The project has an investment ticket of USD 180 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details:<\/strong><span style=\"background-color: transparent;\"> The project will be developed under the Build-Own-Operate model, with the Egyptian Electricity Transmission Company (EETC) set to be the offtaker of the generated electricity throughout the project\u2019s lifetime. EETC is currently reviewing the final terms of the agreement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>Madar is currently working with a number of unnamed banks to submit a financial statement within a month, the source added. A meeting will also be held in the upcoming weeks to discuss the plans for different phases of the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Masdar ? Egypt: <\/strong>The Egyptian government inked a land access agreement with Masdar, Infinity Power, and Hassan Allam Utilities for their planned <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9004f1a5-828c-4173-8adf-43dfa2bb3355\/\" style=\"\" rel=\"noopener\">USD 11 bn 10 GW wind farm project<\/a> in Sohag in May. The consortium is expected to reach financial close and break ground on Egypt\u2019s largest wind energy project \u2014 which is also set to be one of the largest wind farms globally and the largest in Africa \u2014 in 1Q 2025. The Masdar-Infinity consortium's to bring USD 10 bn for the project will take more than five years. The consortium is expected to bring in an estimated <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9004f1a5-828c-4173-8adf-43dfa2bb3355\/\" style=\"\" rel=\"noopener\">USD 10 bn<\/a> in direct investments into the country through the 10 GW wind plant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Masdar has more planned for the country: <\/strong> Masdar, our friends at renewables firm Infinity, Hassan Allam, and global energy giant BP will set up a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4678b944-fc3c-4ae9-82b0-98d0ee09c708\" style=\"\" rel=\"noopener\">USD 14 bn green hydrogen project<\/a> in the Suez Canal Economic Zone. The consortium also signed a USD 12 bn agreement to build an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b7921c49-9c4d-454d-a570-bb4ac424497c\/\" style=\"\" rel=\"noopener\">8 GW green hydrogen and ammonia plant<\/a> and signed a Joint Development Agreement (JDA) to explore establishing a multi-phase green hydrogen in Egypt last month.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/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=\"85978\" 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=\"85978\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/qiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance\/\">\r\n                            QIIB issues USD 250 mn sustainable sukuk tap issuance                        <\/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\/12\/qiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance\/\" 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\/12\/qiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance\/')\">\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\/12\/qiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance\/\">\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=QIIB issues USD 250 mn sustainable sukuk tap issuance&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/qiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance\/\">\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\/12\/qiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance\/&title=QIIB issues USD 250 mn sustainable sukuk tap issuance\">\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=QIIB+issues+USD+250+mn+sustainable+sukuk+tap+issuance+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F12%2Fqiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance%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\/12\/qiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2595.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85979\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/qiib-issues-usd-250-mn-sustainable-sukuk-tap-issuance\/2595-jpg-26\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2595.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2595.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2595.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2595.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85978\" class=\"content-area-description single-story post-85978 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-enterpriseclimate tag-green-finance tag-green-sukuk tag-qatar 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\/.5db329af-d7eb-4a1e-8444-e308f0857388.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>Qatar International Islamic Bank (QIIB) has finalized a USD 250 mn <\/strong><strong>sustainable sukuk tap issuance<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.dentons.com\/en\/about-dentons\/news-events-and-awards\/news\/2024\/august\/dentons-advises-qiib-on-its-us250-million-sustainable-sukuk-tap-issuance\" style=\"\" rel=\"noopener\">statement<\/a> published by issuance advisor <a target=\"_blank\" href=\"https:\/\/www.dentons.com\/\" style=\"\" rel=\"noopener\">Dentons<\/a> last week. The certificates were issued by a special purpose vehicle issuer incorporated in the Cayman Islands <a target=\"_blank\" href=\"https:\/\/www.londonstockexchange.com\/stock\/SL13\/qiib-senior-oryx-ltd\/our-story\" style=\"\" rel=\"noopener\">QIIB Senior Oryx<\/a>. QIIB listed the original <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6209858f-276c-4900-a2ea-8b00b57a8c5d\/\" style=\"\" rel=\"noopener\">USD 500 mn issuance<\/a> on the London Stock Exchange (LSE) back in January under its USD 2 bn trust certificate issuance program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Uh, Enterprise, what\u2019s a tap issuance? <\/strong><span style=\"background-color: transparent;\">A <\/span><a target=\"_blank\" href=\"https:\/\/cbonds.com\/glossary\/tap-issue-reopening\/\" rel=\"noopener\">tap issue<\/a><span style=\"background-color: transparent;\"> is a subsequent sale of additional bonds from an existing bond issue. These new bonds share the same maturity date, face value, and interest rate as the original bonds but are sold at the current market price rather than the original issue price.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The five-year USD-denominated issuance, rated A by Fitch, was priced at 100 basis points (bps) above US Treasuries, with an annual yield of 5.138%. It was approved for trading on the LSE\u2019s International Securities Market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The OG issuance <\/strong><strong>saw a lot of interest: <\/strong>The existing issuance was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6209858f-276c-4900-a2ea-8b00b57a8c5d\/\" style=\"\" rel=\"noopener\">8x oversubscribed<\/a> to over USD 4 bn. The issuance garnered support from over 120 investors from across MENA, Asia, EU, and American markets, the bank notes, adding that 55% of investments were inbound from outside the MENA region.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-sukuk\/\">Green sukuk<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85980 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=\"85980\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/85980\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85980\" class=\"content-area-description single-story post-85980 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\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=\"85981\" 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=\"85981\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/uk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project\/\">\r\n                            UK + Poland kick in EUR 249 mn to fund Turkish solar project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/uk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/uk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/uk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UK + Poland kick in EUR 249 mn to fund Turkish solar project&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/uk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/uk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project\/&title=UK + Poland kick in EUR 249 mn to fund Turkish solar project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UK+%2B+Poland+kick+in+EUR+249+mn+to+fund+Turkish+solar+project+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F12%2Fuk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/uk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1724.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85982\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/uk-poland-kick-in-eur-249-mn-to-fund-turkish-solar-project\/1724-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1724.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1724.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1724.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1724.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85981\" class=\"content-area-description single-story post-85981 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-enterpriseclimate tag-solar-energy tag-turkey 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\/.34718e81-7a89-49ed-b9c5-10d6f06685fe.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UK and Polish export agencies guarantee loan for Turkish solar project: <\/strong>Credit agencies <a target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/organisations\/uk-export-finance\" style=\"\" rel=\"noopener\">UK Export Finance<\/a> (UKEF) and Poland\u2019s <a target=\"_blank\" href=\"https:\/\/kuke.com.pl\/en\" style=\"\" rel=\"noopener\">KUKE<\/a> have guaranteed a EUR 249 mn loan for Turkish renewable energy company <a target=\"_blank\" href=\"https:\/\/www.kalyonenerji.com\/en\" style=\"\" rel=\"noopener\">Kalyon Enerji<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/news\/uk-and-poland-target-green-exports-with-249-million-financing-for-solar-project\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The loan will fund the construction of Turkey\u2019s second-largest solar project, the 390 MW farm located across seven separate sites in Bor-Nigde, Gaziantep, and Sanliurfa-Viransehir regions. Over EUR 122 mn of the loan will be reinsured by KUKE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">About the solar project:<\/strong><span style=\"background-color: transparent;\"> Through its subsidiary UK Grid Solutions, British company <\/span><a target=\"_blank\" href=\"https:\/\/www.gevernova.com\/\" rel=\"noopener\">GE Vernova<\/a><span style=\"background-color: transparent;\"> will supply and install key equipment \u2014 including inverter stations and power plant controllers \u2014 produced at its <\/span><a target=\"_blank\" href=\"https:\/\/www.gevernova.com\/grid-solutions\/press\/gepress\/ge_redhill_stafford_facility.htm\" rel=\"noopener\">Staffordshire site<\/a><span style=\"background-color: transparent;\">. KUKE on the other hand will contribute security systems and steel components. The project is expected to provide enough electricity to power over 65k Turkish households annually.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Advisors:<\/strong> Standard Chartered served as the Green Loan Coordinator, Lead Arranger and Lender. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UKEF provided a similar guarantee in 2021: <\/strong>UKEF provided a guarantee for Kalyon Enerji\u2019s Karapinar solar project, the largest such project in Turkey and Europe, in 2021. The project \u2014 which was also developed in partnership with GE Vernova \u2014 was inaugurated in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UKEF is already active in Turkey: <\/strong>UK-based renewable energy developer Hive Energy received <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ef4b8bb7-cc15-4625-ab2c-5cb7b1ba1597\/egypt-launches-new-solar-panel-installation-initiative\" style=\"\" rel=\"noopener\">EUR 19 mn in funding<\/a> from Santander Bank \u2014 facilitated by UKEF \u2014 to fund new and ongoing projects in countries including Turkey and Serbia in March. Hive Energy specializes in developing solar power, battery storage and green hydrogen projects, and will expand upon its existing 11 MW capacity in Turkey as well as establish projects in Serbia.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/turkey\/\">Turkey<\/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=\"85983\" 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=\"85983\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/veolia-gets-the-green-light-for-stake-sale-in-lydec\/\">\r\n                            Veolia gets the green light for stake sale in Lydec                        <\/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\/12\/veolia-gets-the-green-light-for-stake-sale-in-lydec\/\" 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 financial closure of the acquisition is expected by the end of 2024, pending all necessary administrative approvals. The government holds a 25% stake in SRM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details:<\/strong><span style=\"background-color: transparent;\"> SRM will assume responsibility for the delegated management of water, electricity, and liquid sanitation services in Casablanca and its outskirts. The firm acquired all of Lydec\u2019s shares, including those held by Veolia through its subsidiaries <\/span><a target=\"_blank\" href=\"https:\/\/www.veolia.com\/en\/our-media\/newsroom\/press-releases\/merger-vigie-sa-ex-suez-sa-veolia\" rel=\"noopener\">Vigie Groupe<\/a><span style=\"background-color: transparent;\"> and <\/span><a target=\"_blank\" href=\"https:\/\/www.veolia.com\/en\/our-media\/newsroom\/press-releases\/merger-vigie-sa-ex-suez-sa-veolia\" rel=\"noopener\">Vigie 50<\/a><span style=\"background-color: transparent;\">. Veolia stated that this anticipated divestment will not impact the group\u2019s financial forecasts and objectives.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Behind the decision: <\/strong>Veolia was fined USD 10 m by Morocco\u2019s Competition Council back in January after the council accused the firm of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59d17346-0d0c-4af6-991c-34a023393347\" style=\"\" rel=\"noopener\">monopolizing water and electricity services<\/a> in major cities including Casablanca, Rabat, and Tangier. Utility firms including Lydec, Redal, and Amendis were accused of facilitating Veolia\u2019s move which broke the country\u2019s competition laws. Veolia\u2019s merger with Suez was contingent on the divestment of certain assets including Lydec, for which Veolia was given a month to find a buyer for.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Lydec:<\/strong> Founded in 1995 as part of Suez, the company manages water and electricity distribution, wastewater and rainwater collection in Casablanca, Morocco, according to their <a target=\"_blank\" href=\"https:\/\/client.lydec.ma\/site\/web\/arabe\/lydec\/role\/mission\" style=\"\" rel=\"noopener\">website<\/a>. Veolia had acquired Morocco\u2019s Lydec in its <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/veolia-suez-agree-15-billion-utilities-merger-after-bitter-spat-2021-04-12\/\" style=\"\" rel=\"noopener\">EUR 13 bn merger<\/a> with French water and waste management company Suez in 2022. The firm reports a turnover of around EUR 700 mn, the news outlet wrote.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Veolia has other projects in Morocco:<\/strong> The firm is also working with French automaker Renault, which started <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/fac51be3-5853-4ba3-bab4-4e8681310f71\/\" style=\"\" rel=\"noopener\">producing EVs<\/a> at its Tangier plant in 2023, to create the world\u2019s first <a target=\"_blank\" href=\"https:\/\/www.industries.veolia.com\/en\/markets\/veolia-and-renault-partner-in-tangiers\" style=\"\" rel=\"noopener\">car manufacturing plant<\/a> with zero carbon emissions and zero industrial liquid discharge in Morocco.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/veolia\/\">Veolia<\/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=\"85985\" 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=\"85985\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/mixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter\/\">\r\n                            Mixed 2Q earnings from Dewa and Tabreed has a good quarter                        <\/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\/12\/mixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter\/\" 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\/12\/mixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter\/')\">\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\/12\/mixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter\/\">\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=Mixed 2Q earnings from Dewa and Tabreed has a good quarter&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/mixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter\/\">\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\/12\/mixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter\/&title=Mixed 2Q earnings from Dewa and Tabreed has a good quarter\">\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=Mixed+2Q+earnings+from+Dewa+and+Tabreed+has+a+good+quarter+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F12%2Fmixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter%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\/12\/mixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/744.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85986\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/mixed-2q-earnings-from-dewa-and-tabreed-has-a-good-quarter\/744-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/744.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"744.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/744.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/744.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85985\" class=\"content-area-description single-story post-85985 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-dewa tag-earnings-watch tag-enterpriseclimate tag-tabreed tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.50563d05-5945-4a16-b765-a3670e8508bc.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Earnings continue to trickle in as 2Q filings wrap up<\/strong>, with reports from a couple of our regional heavyweights.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"background-color: transparent;\">DEWA-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dewa\u2019s <\/strong><strong>bottom line fell 3.5% in 2Q: <\/strong>Dubai Electricity and Water Authority (Dewa) posted a 3.5% y-o-y decline in net income to AED 1.9 bn in 2Q 2024, according to the authority\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/748.pdf\" style=\"\" rel=\"noopener\">financial statement (pdf)<\/a>. The company\u2019s revenues increased 7.8% to AED 7.9 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company\u2019s 1H saw a similar result: <\/strong>The company\u2019s net income dropped 6.7% y-o-y to AED 2.6 bn in 1H 2024, while revenues jumped 7.3% to 13.7 bn over the same period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cThe demand for power and water in 2024 grew by 6.7% and 4.3% respectively reflecting continuous growth in Dubai,\u201d Dewa CEO Saeed Mohammed Al Tayer said in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/750.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>, adding that the firm aims to have 5.3 GW of renewable power installed, and produce 735 mn gallons per day of water by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dewa\u2019s been active: <\/strong>Dewa and Saudi Arabia\u2019s Acwa Power <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/30ab928a-55b0-46fe-b273-aeb70c826830\" style=\"\" rel=\"noopener\">reached financial close<\/a> on the AED 3.4 bn solar-powered Hassyan water desalination project in Dubai in April. Dewa also signed a 30-year water purchase agreement with Acwa to buy water from phase one of the plant. <\/p>\n<p class=\"tag-border-left\">TABREED-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>District Cooling company Tabreed saw its net income rise 3% y-o-y to AED <\/strong><strong>164.5 mn in net income in 2Q <\/strong><strong>2024,<\/strong> according to the firm\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/840.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Tabreed\u2019s revenues inched up 1.3% y-o-y, reaching AED 611.4 mn during the three-month period, with the company attributing growth to sustained profitability margins and an 8% increase in consumption volumes, according to its <a target=\"_blank\" href=\"https:\/\/www.tabreed.ae\/news\/tabreeds-financial-results-h1-2024-show-company-reaping-rewards-investment\/\" style=\"\" rel=\"noopener\">earnings release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a six-month basis,<\/strong> Tabreed saw its net income dip 29% y-o-y to AED 283.8 mn in 1H 2024. The company\u2019s revenues remained relatively flat at AED 1.08 bn during the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tabreed is also considering issuing green sukuk and bonds to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6cecd573-57e2-4dee-977d-727b88bb01cf\/%253cmark%253etabreed%253c%2Fmark%253e-is-set-to-issue-usd-1.2-bn-green-bonds-next-year\" style=\"\" rel=\"noopener\">refinance some of its debt<\/a><\/strong>, Al Wahedi added, reiterating comments made by Tabreed CFO Adel Salem Al Wahedi back in May that the firm plans to refinance USD 1.2 bn of its debt next year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- The firm appointed Bakheet Al Katheeri (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/dr-bakheet-al-katheeri-53708046\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) as its new chairman<\/strong>, replacing Khaled Al Qubaisi, who has served as Chairman since 2017. Al Katheeri is currently the CEO of Mubadala\u2019s UAE Investments platform, and previously headed Mubadala Energy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A busy 2Q: <\/strong>Tabreed signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4dc30439-6017-4670-b1e8-6c5523677f1c\/uae%25e2%2580%2599s-district-cooling-giants-partner-on-efficiency\" style=\"\" rel=\"noopener\">cooperation agreement<\/a> with the UAE\u2019s Energy and Infrastructure Ministry alongside Empower Energy Solutions and Emirates District Cooling (Emicool) to improve district cooling efficiency in May. The company also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d6796afc-ca9e-41a7-bc4d-8a4e98e793b2\/uae%25e2%2580%2599s%253cmark%253e-tabreed%253c%2Fmark%253e-buys-back-outstanding-usd-500-mn-trust-certificates\" style=\"\" rel=\"noopener\">completed a tender<\/a> offer to repurchase USD 500 mn outstanding trust certificates due in 2025 back in April.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead:<\/strong> The district cooling firm is in talks to expand its operations in Egypt following the launch of its project at Marakez\u2019s Downtown Katameya Mall, Al Wahedi told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/companies\/50862\/%D8%AA%D8%A8%D8%B1%D9%8A%D8%AF-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9-%D8%AA%D8%AC%D8%B1%D9%8A-%D9%85%D8%A8%D8%A7%D8%AD%D8%AB%D8%A7%D8%AA-%D9%84%D9%84%D8%AA%D9%88%D8%B3%D8%B9-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1\/?utm_source=facebook&amp;utm_medium=social&amp;utm_campaign=%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%A7%D9%84%D8%B4%D8%B1%D9%82---%D9%85%D8%B5%D8%B1\" style=\"\" rel=\"noopener\">Asharq Business<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGP\u2019s stability is what swayed Tabreed: <\/strong>The company has been hesitant to invest in Egypt because it conducts its activities in local rather than foreign currency, Al Wahedi explained. However, the firm has taken note of the stability of the EGP over recent weeks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The firm <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9e34ce59-a435-462f-b5ef-c6175f64b723\/tabreed-terminates-capitalmed-contract-with-egypt-over-fx-concerns\" style=\"\" rel=\"noopener\">terminated<\/a> an EGP 1.6 bn contract with Egyptians for Healthcare Services at the start of the year for its unit CapitalMed\u2019s medical complex in Badr City in Egypt. The company\u2019s CEO Khalid Al Marzooqi said that the pre-float FX crisis had made the project \u201cfinancially unsustainable.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/dewa\/\">DEWA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tabreed\/\">Tabreed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85987\" 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=\"85987\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/ev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae\/\">\r\n                            EV, solar, and green tech updates from Egypt, Oman and the UAE                        <\/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\/12\/ev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae\/\" 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\/12\/ev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae\/')\">\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\/12\/ev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae\/\">\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=EV, solar, and green tech updates from Egypt, Oman and the UAE&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/ev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae\/\">\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\/12\/ev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae\/&title=EV, solar, and green tech updates from Egypt, Oman and the UAE\">\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=EV%2C+solar%2C+and+green+tech+updates+from+Egypt%2C+Oman+and+the+UAE+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F12%2Fev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae%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\/12\/ev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/899.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85988\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/ev-solar-and-green-tech-updates-from-egypt-oman-and-the-uae\/899-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/899.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"899.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/899.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/899.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85987\" class=\"content-area-description single-story post-85987 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-ebrd tag-egypt tag-enterpriseclimate tag-evs tag-oman tag-solar-energy tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.d3607613-f222-447f-98cb-7f17b4e1555f.mp3\"><\/audio><\/figure><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>The European Bank for Reconstruction and Development <\/strong><strong>(EBRD)<\/strong><strong> will provide EGP 500 mn to Abou Ghaly Motors to expand its London Cab fleet of EVs<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/799.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The tranche will fund the purchase of 100 electric cabs to add to its existing fleet of 250 electric London Cabs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Remember: <\/strong><span style=\"background-color: transparent;\">The EBRD provided a <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bb47fa0e-86be-4684-9bfb-ee1067524e29\/ebrd-to-help-egypt-wind-down-gas-fired-power-plants\" rel=\"noopener\">EUR 10 mn loan<\/a><span style=\"background-color: transparent;\"> to Abou Ghaly Motors back in 2022 to fund the purchase of 250 electric vehicles for its taxi fleet. The loan was part of a drive to electrify the company\u2019s entire cab stock.<\/span><\/p>\n<p class=\"tag-border-left\">SOLAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman\u2019s first solar thermal <\/strong><strong>water plant to begin operations this month:<\/strong> Omani upstream energy firm <a target=\"_blank\" href=\"https:\/\/arapetroleum.com\/\" style=\"\" rel=\"noopener\">ARA Petroleum<\/a> has completed the construction of one of the world\u2019s first solar thermal powered desalination plants located at its Qarat Al Milh site in Dhofar, according to a <a target=\"_blank\" href=\"https:\/\/heliovis.com\/first-solar-water-treatment-plant-for-produced-water-built-jointly-by-ara-petroleum-ep-heliovis-ag-and-trevi-systems-inc-is-ready-for-operations-in-oman\/\" style=\"\" rel=\"noopener\">press release<\/a>. The facility \u2014 developed in partnership with Austrian solar tech startup Heliovis \u2014 is scheduled to start commercial operations within the next few days, the statement added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the project: <\/strong>The plant \u2014 which was first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5bb5556f-87fa-44b0-98c3-3ce2679889ad\/ara-will-launch-oman%25e2%2580%2599s-first-solar-thermal-water-plant\" style=\"\" rel=\"noopener\">announced in May<\/a> \u2014 is expected to produce up to 140 cubic meters of drinking water daily from \u201cproduced water\u201d \u2014 a byproduct of hydrocarbon production typically full of hydrocarbons and high levels of dissolved mineral salts. Heliovis will install its forward osmosis desalination plant with a direct-osmosis zero liquid discharge unit to extract potable water from the produced water and generate clean industrial process heat.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Implementing new technology: <\/strong>American water purification tech company Trevi Systems is also implementing its <a target=\"_blank\" href=\"https:\/\/www.trevisystems.com\/technology\" style=\"\" rel=\"noopener\">Forward Osmosis Technology (FOT)<\/a> in the plant, which operates without the high pressures required by reverse osmosis, according to the statement. Instead, it uses a proprietary draw solution to pull fresh water through a membrane, offering a more energy-efficient and environmentally friendly way to treat oilfield water.<\/p>\n<p class=\"tag-border-left\">GREEN TECH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>InSky Robotics establishes solar cleaning robotics facility in Ras Al Khaimah: <\/strong>Australian tech company <a target=\"_blank\" href=\"https:\/\/inskyrobotics.com\/\" style=\"\" rel=\"noopener\">InSky Robotics<\/a> is launching its first GCC facility, VIM Solar Robotics, in Ras Al Khaimah\u2019s Al Hamra region, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b4kkkgr-vim-solar-robotics-launch-its-first-gcc-facility\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. This facility will assemble and supply Voltimate robotic solar panel cleaners designed to withstand the UAE\u2019s harsh weather while requiring minimal maintenance. The GCC has been experiencing a growing demand for robotic solutions for solar panel cleaning as installed solar capacities continue to rise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Voltimate: <\/strong>The Voltimate robot works mechanically without batteries or intricate electronics, making them more robust with a lifespan exceeding 20 years, matching that of typical solar panels. The robots are built using standardized components, which simplifies maintenance and substantially cuts down on operational costs. The product was developed in partnership with Australia\u2019s <a target=\"_blank\" href=\"https:\/\/joymechanix.com\/\" style=\"\" rel=\"noopener\">JoyMechanix<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ras Al Khaimah is set to be a clean energy hub:<\/strong> The UAE\u2019s Ras Al Khaimah is one of the top ranking cities for Leadership in Energy and Environmental Design (LEED) with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b54e6087-d104-416e-9644-4d2426dbe6b6\/today:-expansion-plans-for-acwa-%2B-morocco-breaks-ground-on-largest-desal-plant\" style=\"\" rel=\"noopener\">120 certified projects<\/a>. <\/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>EAD <\/strong><strong>launches new system to track emissions: <\/strong>The Environment Agency of Abu Dhabi (EAD) launched the Stacks Automated Monitoring System (AMS) \u2014 an e-linking system to <a target=\"_blank\" href=\"https:\/\/www.sgs.com\/en\/services\/stack-emission-monitoring\" style=\"\" rel=\"noopener\">monitor emissions<\/a> of particulate matter, moisture and other pollutants emitted from industrial stacks and ducts \u2014 across the industrial, energy, and fossil fuel sectors in Abu Dhabi, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b4l5zfb-ead-launches-e-linking-system-monitor-stack\" style=\"\" rel=\"noopener\">Wam<\/a> reported last week. The initiative aims to enhance air quality and public health by using artificial intelligence to predict air quality and take proactive measures when emission limits are exceeded.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The system will also enable facilities to submit data through a specialized electronic portal, integrating emissions information into a central database, Wam adds. The database \u2014 which currently links 53 stacks \u2014 will support atmospheric modelling, national inventory reporting, and the development of future policies and regulations. <\/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>Algeria <\/strong><strong>launched climate change strategy:<\/strong> Algeria's Environment and Renewable Energies Ministry launched the process to develop the country\u2019s National Climate Change Strategy. The strategy will aim to prepare Algeria for medium and long-term climate challenges by analyzing developmental models and enhancing adaptive capacities. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/www.meer.gov.dz\/posts\/pfbid02UUZcfLiyWL71Dy3hKtYLgYxCWskq8G5zvzQ5oxgyLtfig1Gn9eyp74NpDmMLfYFdl?_rdc=1&amp;_rdr\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>ONEE <\/strong><strong>launches major<\/strong><strong> water supply project in Morocco:<\/strong> Morocco\u2019s National Office of Electricity and Potable Water set in motion a USD 13.5 mn project \u2014 funded by the African Development Bank \u2014 aimed at expanding water treatment facilities and laying 60 km of pipelines. The project aims to boost water capacity by 16.4k cubic meters daily, secure supply until 2035, and reduce the impacts of drought exacerbated by climate change. (<a target=\"_blank\" href=\"https:\/\/www.mapexpress.ma\/actualite\/economie-et-finance\/fquih-ben-salah-lonee-renforce-securise-lalimentation-en-eau-potable-villes-souk-sebt-ouled-nemma-ouled-ayad-dar-ould-zidouh\/\" style=\"\" rel=\"noopener\">MAP<\/a>) <\/li>\n<li><strong>GCCIA gets an A+ from Fitch: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.gccia.com.sa\/\" style=\"\" rel=\"noopener\">Gulf Cooperation Council Interconnection<\/a><a target=\"_blank\" href=\"https:\/\/www.gccia.com.sa\/\" style=\"\" rel=\"noopener\">Authority<\/a><a target=\"_blank\" href=\"https:\/\/www.gccia.com.sa\/\" style=\"\" rel=\"noopener\">(GCCIA)<\/a> has received an A+ rating with a stable outlook from Fitch Ratings. GCCIA maintains a solid financial profile with predictable revenues and strong government support despite recent debt increases due to expansion projects. (<a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/international-public-finance\/fitch-rates-gulf-cooperation-council-interconnection-authority-a-stable-09-08-2024\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85989\" 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=\"85989\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/iberdrola-issues-usd-525-mn-green-bonds-in-the-us\/\">\r\n                            Iberdrola issues USD 525 mn green bonds in the US                        <\/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\/12\/iberdrola-issues-usd-525-mn-green-bonds-in-the-us\/\" 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\/12\/iberdrola-issues-usd-525-mn-green-bonds-in-the-us\/')\">\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\/12\/iberdrola-issues-usd-525-mn-green-bonds-in-the-us\/\">\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=Iberdrola issues USD 525 mn green bonds in the US&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/iberdrola-issues-usd-525-mn-green-bonds-in-the-us\/\">\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\/12\/iberdrola-issues-usd-525-mn-green-bonds-in-the-us\/&title=Iberdrola issues USD 525 mn green bonds in the US\">\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=Iberdrola+issues+USD+525+mn+green+bonds+in+the+US+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F12%2Fiberdrola-issues-usd-525-mn-green-bonds-in-the-us%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\/12\/iberdrola-issues-usd-525-mn-green-bonds-in-the-us\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/941.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85990\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/iberdrola-issues-usd-525-mn-green-bonds-in-the-us\/941-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/941.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"941.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/941.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/941.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85989\" class=\"content-area-description single-story post-85989 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterpriseclimate tag-green-bonds tag-iberdrola tag-masdar 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\/.97bcbd18-f3ac-4499-8cf2-7abd97955a24.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iberdrola's US subsidiary <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nyseg.com\/\" style=\"\" rel=\"noopener\">New York State Electric<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nyseg.com\/\" style=\"\" rel=\"noopener\">and Gas Company<\/a><\/strong><strong> (NYSEG) has successfully issued a USD 525 mn 10-year green bond<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.iberdrola.com\/press-room\/news\/detail\/iberdrola-places-usd-525-million-in-10-year-green-bonds-in-the-us-with-strong-investor-demand\" style=\"\" rel=\"noopener\">statement<\/a> published last week. The issuance attracted over EUR 2 bn in demand from more than 60 American accounts, allowing the company to reduce the spread over the benchmark interest rate to 135 basis points, reaching a price of 5.332%. The company will use the funds to expand further in the US.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Iberdrola is already active in the US: <\/strong><span style=\"background-color: transparent;\">Iberdrola placed a <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/502e4e63-3198-48f5-a137-9ebbc00ab988\/uk-to-auction-gbp-1-bn-of-renewable-projects\" rel=\"noopener\">USD 2.5 bn bid<\/a><span style=\"background-color: transparent;\"> on Thursday to acquire the remaining 18.4% stake in its American sustainable energy subsidiary Avangrid for USD 2.49 bn in March.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Iberdrola + Masdar have big plans: <\/strong>Masdar signed a strategic partnership agreement with Spain\u2019s Iberdrola to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5d9f1541-8664-401c-b13b-5b76c43ba7cc\/\" style=\"\" rel=\"noopener\">co-invest up to EUR 15 bn<\/a> in exploring development projects in the offshore wind and green hydrogen in key markets including Germany, the UK, and the US during COP28.<\/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>Indonesia eases local content rules to attract foreign investment in renewables:<\/strong> In efforts to unlock concessional loans from international development banks for renewables projects, Indonesia has relaxed its rules requiring foreign-funded projects to use locally-made components, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/indonesia-eases-local-content-rules-access-foreign-cash-renewable-power-projects-2024-08-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Wednesday, citing comments made by Deputy Minister of Maritime Affairs and Investment Rachmat Kaimuddin. The new regulation exempts projects receiving at least 50% foreign funding from these rules, aiming to boost renewable energy investments under the <a target=\"_blank\" href=\"https:\/\/dgap.org\/en\/research\/glossary\/climate-foreign-policy\/just-energy-transition-partnerships#:~:text=Just%20Energy%20Transition%20Partnerships%20(JETPs,help%20it%20in%20this%20regard.\" style=\"\" rel=\"noopener\">Just Energy Transition Partnership<\/a>. Solar power projects can use imported panels if they meet specific conditions, such as obtaining ministerial approval committing to local production investment, signing a power purchase agreement before the end of 2024, or beginning operations by the first half of 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE ?Indonesian renewables: <\/strong>UAE state-owned renewables giant Masdar inked two strategic agreements and received an approval to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a61044bb-d031-475b-9ad3-1964b175dc8f\/masdar-inks-agreements-for-indonesian-renewable-energy-projects\" style=\"\" rel=\"noopener\">establish renewable energy projects<\/a> in Indonesia back in May. The UAE also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/12bf28d8-fabe-455f-a33b-b6358dd5a963\/honeywell-%2B-volts-collaborate-on-uae%25e2%2580%2599s-first-battery-storage-gigafactory\" style=\"\" rel=\"noopener\">broke ground<\/a> on the Mohamed bin Zayed-Joko Widodo International Mangrove Research Centre in Bali in May and has committed to investing USD 10 mn into the project. <\/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>J-Power partners with Australian firms on carbon capture:<\/strong> Japanese utility Electric Power Development (J-Power) has inked a joint study agreement with Australian developers <a target=\"_blank\" href=\"https:\/\/www.deepcstore.com\/\" style=\"\" rel=\"noopener\">deepC Store<\/a> and <a target=\"_blank\" href=\"https:\/\/www.azuliccs.com\/\" style=\"\" rel=\"noopener\">Azuli<\/a> to commercialize a carbon capture and storage project. The project aims to capture CO2 from Japan, Australia, and the region, storing it in Australia\u2019s offshore areas for greenhouse gas storage, which could hold up to 1 bn metric tons of CO2. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/japans-j-power-partners-with-australias-carbon-capture-developers-2024-08-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>US\u2019s Sunrun seizes market opportunity after SunPower's bankruptcy:<\/strong> US solar firm <a target=\"_blank\" href=\"https:\/\/www.sunrun.com\/\" style=\"\" rel=\"noopener\">Sunrun's<\/a> stock jumped 11% after <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b8b119b0-efe7-44e2-9350-ff302a1fe37a\/today:-lucid-gets-a-lifeline-%257c-ebrd-funds-aeolus,-scatec-solar-farms\" style=\"\" rel=\"noopener\">competitor SunPower filed for bankruptcy<\/a> last week. The company is bringing on former SunPower dealers and executives, to gain market share. Sunrun posted a surprise profit in Q2 and introduced cash generation guidance for 2025. Goldman Sachs also raised its stock price target for Sunrun, reflecting optimism about its continued growth. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/08\/07\/sunrun-stock-surges-as-it-sees-opportunity-after-sunpower-files-for-bankruptcy.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/iberdrola\/\">Iberdrola<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85991\" 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=\"85991\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/warmer-nights-due-to-climate-change-are-affecting-human-health\/\">\r\n                            Warmer nights due to climate change are affecting human health                        <\/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\/12\/warmer-nights-due-to-climate-change-are-affecting-human-health\/\" 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\/12\/warmer-nights-due-to-climate-change-are-affecting-human-health\/')\">\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\/12\/warmer-nights-due-to-climate-change-are-affecting-human-health\/\">\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=Warmer nights due to climate change are affecting human health&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/warmer-nights-due-to-climate-change-are-affecting-human-health\/\">\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\/12\/warmer-nights-due-to-climate-change-are-affecting-human-health\/&title=Warmer nights due to climate change are affecting human health\">\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=Warmer+nights+due+to+climate+change+are+affecting+human+health+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F12%2Fwarmer-nights-due-to-climate-change-are-affecting-human-health%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\/12\/warmer-nights-due-to-climate-change-are-affecting-human-health\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/939.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85992\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/12\/warmer-nights-due-to-climate-change-are-affecting-human-health\/939-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/939.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"939.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/939.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/939.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85991\" class=\"content-area-description single-story post-85991 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-climate-change 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\/.a2b6387e-adee-4f51-85f7-740efe680738.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nighttime temperatures for a<\/strong><strong>round <\/strong><strong>2.4 <\/strong><strong>bn people<\/strong><strong> around the world were above 25<\/strong><strong>\u00b0C for an extra 2 weeks annually in the past decade,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/846.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> by climate science NGO <a target=\"_blank\" href=\"https:\/\/www.climatecentral.org\/\" style=\"\" rel=\"noopener\">Climate Central<\/a>. Warmer nighttime temperatures \u2014 attributed to the continued burning of coal, oil, and gas \u2014 can harm sleep and reduce physical recovery from hot daytime temperatures, leading to cascading health impacts, chief scientist at the Laureate Institute for Brain Research Nick Obradovich told <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/live-news\/20240807-climate-change-is-fuelling-rise-in-hot-nights-analysis\" style=\"\" rel=\"noopener\">AFP<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The methodology: <\/strong><span style=\"background-color: transparent;\">The analysis used models incorporating historical data to compare the annual average of hot nights between 2014 and 2023 with a hypothetical world without human-caused climate change.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Which countries were impacted the most?<\/strong> The Caribbean nation of Trinidad and Tobago experienced the largest increase, with an extra 47 nights per year above 25\u00b0C, while Mumbai endured an additional two months of hot nights.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The health risks are massive:<\/strong> Night temperatures above 25\u00b0C deteriorate sleep quality and length, increasing the risks of strokes, cardiovascular conditions, and mortality, the report said, adding that when coupled with high humidity levels, the consequences can be fatal. The elderly and low-income individuals are disproportionately affected by this phenomena, Climate Central concluded.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So what can be done? <\/strong>The World Health Organization (WHO) <a target=\"_blank\" href=\"https:\/\/www.who.int\/news-room\/questions-and-answers\/item\/heatwaves-how-to-stay-cool\" style=\"\" rel=\"noopener\">recommends<\/a> keeping room temperatures at or below 24\u00b0C during the night, especially for vulnerable groups such as babies, the elderly, and those with chronic health conditions.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-change\/\">climate change<\/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=\"85993\" 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\/12\/85993\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85993\" class=\"content-area-description single-story post-85993 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>, 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>19-22 November (Tuesday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.was.org\/meeting\/code\/AFRAQ24\" style=\"\">Aquaculture Africa 2024<\/a><\/span><span style=\"font-weight:400;\">, Hammamet, Tunisia. <\/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\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>More wind for Egypt | QIIB issues USD 250 mn sustainable sukuk | Veolia sells Morocco\u2019s Lydec | 2Q earnings from Dewa and Tabreed<\/p>\n","protected":false},"featured_media":85972,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-85971","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"fe63e08f-3df1-42e6-b23e-d25765143b7b","teaser":"More wind for Egypt | QIIB issues USD 250 mn sustainable sukuk | Veolia sells Morocco\u2019s Lydec | 2Q earnings from Dewa and Tabreed","photo_url":"https:\/\/ent.news\/2024\/2\/1148.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Masdar is reportedly lining up a new 200 MW wind farm in Egypt - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/masdar-is-reportedly-lining-up-a-new-200-mw-wind-farm-in-egypt\/\" 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