{"id":86049,"date":"2024-08-14T00:00:00","date_gmt":"2024-08-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=86049"},"modified":"2025-12-15T11:18:15","modified_gmt":"2025-12-15T11:18:15","slug":"egypt-officially-launches-africas-first-carbon-market","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/egypt-officially-launches-africas-first-carbon-market\/","title":{"rendered":"Egypt officially launches Africa\u2019s first carbon market"},"content":{"rendered":"<section id=\"86051\" 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=\"86051\">\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\/14\/today-egypts-carbon-market-is-finally-live-another-2-gw-solar-plant-for-saudi\/\">\r\n                            TODAY: Egypt\u2019s carbon market is finally live + Another 2 GW solar plant for Saudi                        <\/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\/14\/today-egypts-carbon-market-is-finally-live-another-2-gw-solar-plant-for-saudi\/\" 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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Saudi is also in line to develop another 2 GW facility, and Empower continues its district cooling expansion in the UAE. Let\u2019s dive into all the details below.<\/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>There\u2019s <\/strong><strong>no single story shaping the <\/strong><strong>conversation this morning, <\/strong>but the UK energy regulator <a target=\"_blank\" href=\"https:\/\/www.ofgem.gov.uk\/\" style=\"\" rel=\"noopener\">Ofgem<\/a> has approved a EUR 3.4 bn (USD 4.4 bn) funding package to build an electricity \u201csuperhighway\u201d under the North Sea to connect Scotland and northern England. This comes as part of a larger plan to fast-track the development of offshore wind power projects. The Eastern Green Link 2 project \u2014 which will begin to be constructed later this year and is scheduled for operation in 2029 \u2014 will enable clean wind power produced in Scotland to be exported to England to bridge any gaps in energy supply. The 500 km cable will power up to 2 mn homes. <strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/ofgem-signs-off-435-bln-electricity-superhighway-scotland-yorkshire-2024-08-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-13\/uk-s-ofgem-signs-off-on-3-4-billion-electricity-superhighway\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong> picked up the story.<\/strong><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">COP WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a><strong>Phasing <\/strong><strong>out fossil fuels misses the text again:<\/strong> Nearly 80 Nobel prizewinners and former world leaders have raised concern regarding the removal of specific mentions of fossil fuel phase out from a revised draft of the UN climate pact that will be presented at the <a target=\"_blank\" href=\"https:\/\/www.un.org\/en\/summit-of-the-future\" style=\"\" rel=\"noopener\">Summit of the Future<\/a> in New York next month, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/d9918a86-87ba-4f36-a96f-87619221de51\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports. The change has alarmed climate leaders, including former Irish president Mary Robinson and Bangladesh\u2019s Chief Adviser Muhammad Yunus, who urged the UN to include robust commitments to phase out coal, oil, and gas extraction in line with the Paris Agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not a good sign for COP29:<\/strong> The UN\u2019s Summit of the Future will be a \u201ccritical\u201d chance for member states to address global issues such as sustainable development, technological cooperation, and climate change, the FT writes. However, the omission of fossil fuels from the draft pact has raised concerns regarding the global commitment to phasing out fossil fuels and achieving net zero by 2050. The upcoming COP29 summit is also another crucial moment for climate discussions, but the failure to include fossil fuels in the UN climate pact could signal uncertainty about the global commitment towards the transition.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a><font face=\"Arial\">#1-&nbsp;<\/font>Enec could cooperate with the Philippines on nuclear energy: <\/strong>The Emirates Nuclear Energy Corp. (Enec) and the Philippines are exploring a potential partnership to introduce nuclear power to the Philippines\u2019 energy mix, the <a target=\"_blank\" href=\"https:\/\/www.pna.gov.ph\/articles\/1231033\" style=\"\" rel=\"noopener\">Philippine News Agency<\/a> reported. Enec Chairman Mohamed Al Hammadi held a phone call with Philippines President Ferdinand R. Marcos Jr. in Manila, where the latter stressed the urgent need to explore nuclear energy for power generation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- US green subsidy delays expected to hit European hydrogen firms:<\/strong> <a target=\"_blank\" href=\"https:\/\/thyssenkrupp-nucera.com\/\" style=\"\" rel=\"noopener\">Thyssenkrupp<\/a><a target=\"_blank\" href=\"https:\/\/thyssenkrupp-nucera.com\/\" style=\"\" rel=\"noopener\">Nucera<\/a>, the hydrogen arm of the German industrial engineering giant Thyssenkrupp, anticipates delays in the passing of green hydrogen subsidy laws under the US\u2019 Inflation Reduction Act, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/thyssenkrupp-nucera-grows-order-book-warns-slowing-hydrogen-market-2024-08-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing comments by company CEO Werner Ponikwar. The delay is expected to persist until after the US presidential election, making it challenging to predict the future of hydrogen projects. While the EU has over 1.4k hydrogen projects planned, only <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/233070ae-bb54-4220-a215-83a700da36cc\/the-reality-of-eu-green%253cmark%253e-hydrogen%253c%2Fmark%253e-projects-is-well-behind-ambitions\" style=\"\" rel=\"noopener\">7% have reached final investment decisions<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Thyssenkrupp <\/strong><strong>is feeling the brunt of the uncertainty:<\/strong> The company reported a slowdown in growth in 3Q due to regulatory uncertainties impacting investment decisions. Despite announcing new projects, the company noted that unresolved regulatory issues and slow funding commitments have delayed final investment decisions for necessary electrolysis capacities. The uncertainty led the company to scrap its outlook for the alkaline water electrolysis business division, and its shares to drop by half since it went public last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been an ongoing issue: <\/strong>The company also reported <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7d024f5d-91ed-461e-8b08-a0ba6af44d4c\" style=\"\" rel=\"noopener\">a decline in demand<\/a> for green hydrogen equipment in May which was a signal that the industry is facing headwinds.<\/p>\n<p class=\"tag-border-left\">WORTH READING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>USD bns \u201cscale gap\u201d in climate tech deployment hinders the green <\/strong><strong>transition: <\/strong>Climate technologies face significant challenges in achieving commercial adoption due to the need for multiple early-stage deployments \u2014 such as hardware, software, and infrastructure integration \u2014 creating a gap in the resources needed to scale up projects underdevelopment, according to a new <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/1126.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> co-written by <a target=\"_blank\" href=\"https:\/\/www.bcg.com\/\" style=\"\" rel=\"noopener\">Boston Consulting Group\u2019s (BCG)<\/a> tech and design unit BCG X, and non-profit investor <a target=\"_blank\" href=\"https:\/\/elementalexcelerator.com\/\" style=\"\" rel=\"noopener\">Elemental Excelerator.<\/a> The estimated USD 150 bn \u201cscale gap\u201d is worsened by issues like lack of technical resources, high costs, and risk-averse investment climates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Next steps: <\/strong>Diverse funding sources, government incentives, and public-private partnerships are necessary to help bridge the gap, Partner and Associate Director of BCG Faysal Taher told <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/unlocking-climate-tech-potential-the-urgent-need-to-bridge-the-scale-gap-gt1vj1ih\" style=\"\" rel=\"noopener\">Zawya<\/a>. Sovereign funds and state-owned companies, particularly in the Middle East, are key players in advancing climate technology on a global scale, he added. As financing for climate tech evolves, increased public and private capital is expected to drive further innovation and commercial adoption.<\/p>\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong> <a id=\"wwtt3\"><\/a><strong>Morocco water crisis reaches new levels: <\/strong>Morocco\u2019s water reserves have significantly declined, with filling rates dropping to 27.87%, <a target=\"_blank\" href=\"https:\/\/en.hespress.com\/89542-morocco-faces-severe-water-stress-as-dam-levels-drop-below-28.html\" style=\"\" rel=\"noopener\">Hespress<\/a> reported, citing data from the Directorate General of Water Engineering. During the same period last year, dams reached a filling rate between 31-32% but high summer evaporation rates and siltation have made that number even lower in recent months, with 63 dams across the country feeling the impact. Moroccan cities, including Casablanca, are now experiencing low water flow and limited bathroom access, with southeastern and eastern regions most affected. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Water scarcity has been an ongoing problem in Morocco: <\/strong>Morocco has experienced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/69b9450c-6c4f-40b7-9db5-602b8870db03\/morocco-begins-constructing-africa%25e2%2580%2599s-largest-desalination-plant\" style=\"\" rel=\"noopener\">five years of drought<\/a>. Water inflows declined in the country from 2.5k cbm per capita annually in 1960 to 620 cbm in 2020, placing Morocco in a situation of structural water stress. Last year the country approached the absolute water scarcity threshold of 500 cbm per capita per year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Iraq <\/strong><strong>is losing a lot of agricultural land: <\/strong>Iraq has lost approximately 60% of its irrigated agricultural lands due to severe water shortages and climate change, the Iraqi Agriculture Ministry's spokesperson Mohamed Al-Khuzaie told <a target=\"_blank\" href=\"https:\/\/shafaq.com\/ar\/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF\/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D9%81%D9%82%D8%AF-60-%D9%85%D9%86-%D8%A7%D9%84-%D8%B1%D8%A7%D8%B6%D9%8A-%D8%A7%D9%84%D9%85%D8%B2%D8%B1%D9%88%D8%B9%D8%A9-%D8%A8%D9%85%D9%8A%D8%A7%D9%87-%D8%A7%D9%84-%D9%86%D9%87%D8%A7%D8%B1\" style=\"\" rel=\"noopener\">Shafaq News<\/a>. The drastic reduction forced the ministry to scale back its winter wheat cultivation plans to cover just 1.5 mn acres of land. The ministry expanded farming into desert areas, utilizing groundwater irrigation systems in response to the challenges. However, Iraq remains one of the countries most affected by climate change, with water levels in the Tigris and Euphrates rivers reaching unprecedented lows. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Iraq\u2019s water reserves are in dire straits: <\/strong>Last year, Iraq\u2019s reservoir capacities were <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/686c9a46-5eca-477d-9b8b-d31f6d8fb472\/today:-on-an-unusually-slow-morning,-egypt-moves-forward-with-its-green-hydrogen-incentives-package\" style=\"\" rel=\"noopener\">at the their lowest levels<\/a> in decades \u2014 half of levels recorded in 2018 \u2014 as neighboring Iran and Turkey <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/92f0d10b-8f32-4fdc-9bd4-98913c05514b\" style=\"\" rel=\"noopener\">continued to hike domestic flows<\/a> from local dams on the Tigris, Euphrates, and other waterway channels. Iraq will only be able to meet 15% of its water demands by 2035 if current trends continue,<\/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, 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\/cop29\/\">COP29<\/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\/germany\/\">Germany<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/iraq\/\">Iraq<\/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\/us\/\">US<\/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=\"86053\" 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=\"86054\" 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=\"86054\">\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\">CARBON MARKETS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/egypt-officially-launches-africas-first-carbon-market\/\">\r\n                            Egypt officially launches Africa\u2019s first carbon market                        <\/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\/14\/egypt-officially-launches-africas-first-carbon-market\/\" 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\/14\/egypt-officially-launches-africas-first-carbon-market\/')\">\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\/14\/egypt-officially-launches-africas-first-carbon-market\/\">\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=Egypt officially launches Africa\u2019s first carbon market&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/egypt-officially-launches-africas-first-carbon-market\/\">\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\/14\/egypt-officially-launches-africas-first-carbon-market\/&title=Egypt officially launches Africa\u2019s first carbon market\">\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=Egypt+officially+launches+Africa%E2%80%99s+first+carbon+market+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F14%2Fegypt-officially-launches-africas-first-carbon-market%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\/14\/egypt-officially-launches-africas-first-carbon-market\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1247.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86055\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/egypt-officially-launches-africas-first-carbon-market\/1247-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1247.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1247.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1247.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1247.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86054\" class=\"content-area-description single-story post-86054 post type-post status-publish format-standard has-post-thumbnail hentry category-carbon-markets tag-carbon-markets tag-enterpriseclimate tag-financial-regulatory-authority 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\/.eb580c31-adfb-4503-ab4b-413b27f047e5.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt officially launched its voluntary <\/strong><strong>carbon trading market \u2014 the first in the country and in Africa \u2014 yesterday<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid032JS5hJXvVBodiTsVYAEY1Gh4Udtv5cQF6resZhVE9ednYFGuVgMdY3kS5HXfn5oUl\" style=\"\" rel=\"noopener\">statement<\/a>. The market allows companies to issue and trade voluntary carbon certificates in Egypt and Africa, which can be bought by other companies wanting to offset their emissions. The EGX first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f2d24668-bf4a-49e8-8e5a-5ec23423b2aa\" style=\"\" rel=\"noopener\">announced<\/a> its plans to set up the continent\u2019s first voluntary carbon market in 2022. <\/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 Financial Regulatory Authority (FRA) <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a1d974ae-027a-4796-a596-f250d9beee32\/egx30-recoups-last-week%25e2%2580%2599s-losses\" rel=\"noopener\">wrapped up<\/a><span style=\"background-color: transparent;\"> all the necessary requirements and procedures to register carbon emissions-reducing projects and kick start the market earlier this week. A few weeks before that, the FRA rolled out the <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f15b91a1-792d-4b4c-a51e-75c03c85d4b5\" rel=\"noopener\">requirements<\/a><span style=\"background-color: transparent;\"> for brokerage firms looking to trade carbon certificates.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Purchases flowed in: <\/strong>Egyptian food producer <a target=\"_blank\" href=\"https:\/\/isisorganic.com\/\" style=\"\" rel=\"noopener\">Isis Organic<\/a> purchased carbon credits representing 500 tons of carbon dioxide from 10 farms through the <a target=\"_blank\" href=\"https:\/\/ebda.earth\/\" style=\"\" rel=\"noopener\">Egyptian Biodynamic Association<\/a> (EBDA), according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/1209.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> from Beltone Securities Brokerage, which executed the transaction. The credits were certified under EBDA's \u201cEconomy of Love\u201d standard, which aims to support small-scale farmers as they switch to organic and biodynamic farming methods. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Support for Indian agroforestry: <\/strong>Egyptian agriculture firm <a target=\"_blank\" href=\"https:\/\/www.daltexcorp.com\/\" style=\"\" rel=\"noopener\">Daltex<\/a> purchased 1.5k carbon credits from an <a target=\"_blank\" href=\"https:\/\/www.vnvadvisory.com\/our-projects\/agroforestry-in-punjab\/\" style=\"\" rel=\"noopener\">agroforestry project<\/a> in India\u2019s Punjab through <a target=\"_blank\" href=\"https:\/\/www.vnvadvisory.com\/\" style=\"\" rel=\"noopener\">VNV Advisory<\/a>, which runs the project, it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/1173.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The project aims to promote sustainable farming practices in rural India while utilizing income from carbon credits to improve the livelihoods of small farmers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More to come: <\/strong>Another local emission-reducing project has been registered within the market, FRA head Mohamed Farid told Asharq Business (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/asharqbusiness_aepaesaeraezaeqaewaeu-aetaedaez-aepaeqaesaedaepaexabraepaesaecaezaeq-activity-7229105290049159168-uANG\/?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">watch, runtime: 5:22<\/a>), adding that the FRA is looking to add another six to seven projects to the market in the near future. The next phase will also see renewable energy certificates traded on the new market, <a target=\"_blank\" href=\"https:\/\/hapijournal.com\/2024\/08\/13\/%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d8%b9%d9%84%d9%86-%d8%a5%d8%a8%d8%b1%d8%a7%d9%85-%d8%a3%d9%88%d9%84-%d8%b9%d9%82%d8%af-%d8%a2%d8%ac%d9%84\/\" style=\"\" rel=\"noopener\">Hapi Journal<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The interest is high:<\/strong> Officials from seven companies have <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0957f2c1-9347-4585-a177-3339bfcc352a\/steps-toward-launching-africa%25e2%2580%2599s-first-voluntary-carbon-market-are-gaining-traction\" style=\"\" rel=\"noopener\">expressed their intention<\/a> to apply for the FRA\u2019s approval to trade in carbon emissions reduction certificates and futures contracts in the voluntary carbon market, including Mubasher Financial Services, Arab African International Securities, Bank Audi\u2019s Arabeya Online brokerage, Pioneers Brokerage, and Cairo Financial Holding\u2019s brokerage arm Cairo Capital Securities. CI Capital <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b9587d71-9793-4e92-a4fb-afc72f6561ba\" style=\"\" rel=\"noopener\">got the greenlight<\/a> to start trading in carbon certificates earlier this week. <\/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\/carbon-markets\/\">carbon markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/financial-regulatory-authority\/\">Financial Regulatory Authority<\/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=\"86056\" 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=\"86056\">\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\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/another-2-gw-solar-plant-on-the-way-for-saudi\/\">\r\n                            Another 2 GW solar plant on the way for Saudi                        <\/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\/14\/another-2-gw-solar-plant-on-the-way-for-saudi\/\" 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\/14\/another-2-gw-solar-plant-on-the-way-for-saudi\/')\">\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\/14\/another-2-gw-solar-plant-on-the-way-for-saudi\/\">\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=Another 2 GW solar plant on the way for Saudi&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/another-2-gw-solar-plant-on-the-way-for-saudi\/\">\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\/14\/another-2-gw-solar-plant-on-the-way-for-saudi\/&title=Another 2 GW solar plant on the way for Saudi\">\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=Another+2+GW+solar+plant+on+the+way+for+Saudi+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F14%2Fanother-2-gw-solar-plant-on-the-way-for-saudi%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\/14\/another-2-gw-solar-plant-on-the-way-for-saudi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1223.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86057\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/another-2-gw-solar-plant-on-the-way-for-saudi\/1223-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1223.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1223.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1223.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1223.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86056\" class=\"content-area-description single-story post-86056 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-acwa-power tag-enterpriseclimate tag-pif tag-saudi-arabia tag-solar tag-solar-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.f3841c2b-69b9-4fdb-a883-158b31a9313d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia is getting a new 2 GW solar power plant: <\/strong>China Energy Engineering has signed a USD 972 mn contract to build a 2 GW solar power plant, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/china-energy-engineering-signs-972-million-solar-deal-with-saudi-partners-2024-08-13\/#:~:text=BEIJING%2C%20Aug%2013%20(Reuters),China%2DSaudi%20renewable%20energy%20deals\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a filing to the Shanghai Stock Exchange earlier this week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Details are scant: <\/strong><span style=\"background-color: transparent;\">The plant will be built under a JV between a China Energy Engineering consortium and Saudi sovereign wealth fund the Public Investment Fund (PIF), Acwa Power, and Saudi Aramco Power Company. Construction is expected to take 31 months, according to the filing.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chinese-Saudi investments are heating up: <\/strong>The agreement comes just weeks after officials from Saudi and China discussed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/24ca9eb1-d862-47fb-99c6-c3fedd4f60d0#:~:text=%231%2D%20China%20eyes%20more%20business%20with%20Saudi%3A%20PIF%20Governor%20Yasir%20Al\" style=\"\" rel=\"noopener\">increasing trade and investment<\/a> between the two countries. PIF <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/13a454a6-f67b-44bd-85f8-8819c0528fcf\/pif-inks-mous-worth-up-to-usd-50-bn-with-chinese-banks-to-ramp-up-capital-flows-between-riyadh,-beijing\" style=\"\" rel=\"noopener\">inked MoUs<\/a> worth up to USD 50 bn with six major Chinese banks to boost investments in the kingdom earlier this month, and signed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/ac7614fd-bb1c-4ef5-8b5f-5e209163e782\/pif-partners-with-chinese-manufacturers-to-make-components-for-the-wind-and-solar-energy-here-at-home\" style=\"\" rel=\"noopener\">three separate agreements<\/a> with major Chinese producers last month to localize the manufacturing of wind and solar power generation components worth <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/d2ce5fb2-2b39-4092-b45e-6c3e149c1c52\/talking-up-industrial-cooperation-with-brazil#:~:text=%232%2D%20We%20have%20an%20estimate%20on%20the%20value%20of%20the%20three%20renewable\" style=\"\" rel=\"noopener\">USD 3 bn<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China Energy is already working in the region: <\/strong>Acwa Power signed an engineering, procurement and construction agreement with the company for its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0cf90e82-d075-438e-85f0-684b223b6c70\" style=\"\" rel=\"noopener\">400 MW solar energy project<\/a> in Tashkent last year, and another agreement to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9822c88d-307b-46f7-9288-d5afdf64d4c5\/\" style=\"\" rel=\"noopener\">co-develop Central Asia\u2019s largest wind turbine<\/a>. The Chinese firm also signed a framework agreement with Egypt\u2019s Suez Canal Economic Zone for its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/aa1f50ff-35e3-4c14-99e6-a3841edb12d1\" style=\"\" rel=\"noopener\">USD 6.75 bn green hydrogen plant<\/a> which will generate 210k ton of green hydrogen annually. The company also inked an agreement with Morocco\u2019s Gaia Energy and Saudi Arabia\u2019s Ajlan &amp; Bros to jointly build a green hydrogen production facility in Morocco <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a4ed3203-019b-4539-b614-96787d12f54a\" style=\"\" rel=\"noopener\">back in 2023<\/a>.<\/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\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/pif\/\">PIF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86058 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=\"86058\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/86058\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86058\" class=\"content-area-description single-story post-86058 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=\"86059\" 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=\"86059\">\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\">DISTRICT COOLING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/empower-breaks-ground-on-deiras-cooling-plant\/\">\r\n                            Empower breaks ground on Deira\u2019s cooling plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/empower-breaks-ground-on-deiras-cooling-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/empower-breaks-ground-on-deiras-cooling-plant\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/empower-breaks-ground-on-deiras-cooling-plant\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Empower breaks ground on Deira\u2019s cooling plant&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/empower-breaks-ground-on-deiras-cooling-plant\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/empower-breaks-ground-on-deiras-cooling-plant\/&title=Empower breaks ground on Deira\u2019s cooling plant\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Empower+breaks+ground+on+Deira%E2%80%99s+cooling+plant+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F14%2Fempower-breaks-ground-on-deiras-cooling-plant%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/empower-breaks-ground-on-deiras-cooling-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/571.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86060\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/empower-breaks-ground-on-deiras-cooling-plant\/571-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/571.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"571.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/571.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/571.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86059\" class=\"content-area-description single-story post-86059 post type-post status-publish format-standard has-post-thumbnail hentry category-district-cooling tag-district-cooling tag-empower tag-enterpriseclimate 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\/.42cc7e0c-8150-4872-983e-076a8f52836b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates <\/strong><strong>Central Cooling Systems (Empower) has begun construction on a <\/strong><strong>new <\/strong><strong>district cooling plant in Dubai\u2019s Deira district, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/1110.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The plant will serve 46 buildings within the Deira Waterfront development. The investment ticket for the project has not been disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know: <\/strong>The plant will have a total capacity of 39k refrigeration tons (RT) and will be established over two phases. The first phase will have a capacity of approximately 20k RT and is expected to launch operations by the end of June 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Complete with tech: <\/strong><span style=\"background-color: transparent;\">The facility will feature technologies including <\/span><a target=\"_blank\" href=\"https:\/\/www.danfoss.com\/en\/about-danfoss\/insights-for-tomorrow\/integrated-energy-systems\/thermal-energy-storage\/#:~:text=Thermal%20energy%20storage%20means%20heating,when%20energy%20is%20less%20plentiful.\" rel=\"noopener\">thermal energy storage<\/a><span style=\"background-color: transparent;\"> which optimizes energy use during on-peak and off-peak hours, and Treated Sewage Effluent to conserve freshwater, the statement added.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Empower has big expansion plans: <\/strong>The company expects to grow its capacity in the UAE and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8d3f49c5-259f-4547-ab03-dc479f86440b\" style=\"\" rel=\"noopener\">expand into neighboring countries<\/a> as the global district cooling market \u2014 currently valued at USD 28.3 bn in 2023 \u2014 is expected to reach USD 51.9 bn by 2031. The firm holds an 80% market share in Dubai\u2019s district cooling market, the statement added.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/district-cooling\/\">district cooling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/empower\/\">Empower<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"86061\" 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=\"86061\">\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\">GREEN TECH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/morocco-enhances-solar-panel-capabilities-with-new-tech\/\">\r\n                            Morocco enhances solar panel capabilities with new tech                        <\/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\/14\/morocco-enhances-solar-panel-capabilities-with-new-tech\/\" 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\/14\/morocco-enhances-solar-panel-capabilities-with-new-tech\/')\">\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\/14\/morocco-enhances-solar-panel-capabilities-with-new-tech\/\">\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=Morocco enhances solar panel capabilities with new tech&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/morocco-enhances-solar-panel-capabilities-with-new-tech\/\">\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\/14\/morocco-enhances-solar-panel-capabilities-with-new-tech\/&title=Morocco enhances solar panel capabilities with new tech\">\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=Morocco+enhances+solar+panel+capabilities+with+new+tech+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F14%2Fmorocco-enhances-solar-panel-capabilities-with-new-tech%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\/14\/morocco-enhances-solar-panel-capabilities-with-new-tech\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1240.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86062\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/morocco-enhances-solar-panel-capabilities-with-new-tech\/1240-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1240.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1240.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1240.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1240.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86061\" class=\"content-area-description single-story post-86061 post type-post status-publish format-standard has-post-thumbnail hentry category-green-tech tag-enterpriseclimate tag-green-tech tag-morocco tag-solar-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.698dc48a-d9c0-4814-9c1d-07386d43cb48.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moroccan researchers develop more efficient and durable PVT solar panels: <\/strong>Researchers at Choua\u00efb Doukkali University in Morocco have developed an advanced photovoltaic-thermal (PVT) solar panel that is more efficient and durable compared to conventional panels, according to a recently released <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/1148.pdf\" style=\"\" rel=\"noopener\">research paper (pdf)<\/a>. The new design features a PV module, protective layers, a glass cover plate, and an <a target=\"_blank\" href=\"https:\/\/idealheating.com\/tips-and-advice\/aluminium-heat-exchangers-the-benefits\" style=\"\" rel=\"noopener\">aluminum heat exchanger<\/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 results: <\/strong><span style=\"background-color: transparent;\">The exchanger effectively transfers heat from the PV module to the cooling fluid, addressing temperature imbalances that typically reduce the lifespan of solar panels. Simulations demonstrated an overall efficiency of 90.7% \u2014 broken up in 12.11% electrical efficiency and 78.59% thermal efficiency. Every 10 liter per hour increase in flow rate reduces the temperature of the solar cell by nearly 0.9\u00b0C, the researchers found.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is<\/strong><strong> PVT a game changer for the region?<\/strong> PVT stations are <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0360544221018375\" style=\"\" rel=\"noopener\">more efficient<\/a> and have a higher energy output under higher temperatures and strong solar radiation conditions compared to PV stations, which are better suited for low ambient temperatures and weak solar radiation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The key difference: <\/strong>PV technology converts solar energy into electricity, but its electrical efficiency is relatively low, ranging from 6% to 25% under standard conditions. Most of the absorbed solar energy turns into heat, raising the PV panels' temperature and reducing their efficiency. PVT modules on the other hand combine PV and solar thermal technologies by having water flow through the PV panel to cool it and improve electrical efficiency while generating hot water. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi is looking into other ways to improve solar cell efficiency: <\/strong>Researchers from Saudi Arabia\u2019s King Abdullah University of Science and Technology <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a618aa34-463d-45f3-8232-9844a59dd703\/can-perovskite-solar-panels-pave-the-way-for-more-efficient-solar-power%3F\" style=\"\" rel=\"noopener\">created tandem solar systems<\/a> with a power conversion efficiency rate of 33.2% \u2014 up 0.7 percentage points from previous global record holder Helmholtz-Zentrum Berlin. Saudi renewables player Acwa Power <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/28c3f6f6-aff0-4907-bca5-5358fe838f01\/acwa-power%253cmark%253e-and%253c%2Fmark%253e-huawei-partner-on-renewables-r&amp;d-program,-petrojet%253cmark%253e-and%253c%2Fmark%253e-huawei-digital-power-team-up-on-oil%253cmark%253e-and%253c%2Fmark%253e-gas-decarbonization,%253cmark%253e-and%253c%2Fmark%253e-a-new-chinese-ev-is-hitting-ksa%25e2%2580%2599s-streets\" style=\"\" rel=\"noopener\">signed an MoU<\/a> with China\u2019s Huawei Digital Power in June to develop a joint research and development program that aims to localize photovoltaic string production tech in Saudi Arabia, maximize solar panel efficiency, and reduce costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Omani students have made breakthroughs in solar panel production:<\/strong> Engineering students at Oman\u2019s Sultan Qaboos University <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5b732404-2040-4069-9579-32de757dfcf2\/omani-students-develop-new-method-for-graphene-based%253cmark%253e-solar%253c%2Fmark%253e-cell-production\" style=\"\" rel=\"noopener\">developed a solar panel production technique<\/a> that relies on polyethylene and graphene instead of crystalline silicon, making it 60% more efficient at absorbing light than silicon-based alternatives.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And Turkey is getting in on the action: <\/strong>A design featuring shell-shaped organic solar cell surface instead of a conventional flat exterior for the active layer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/75a0b590-9b6b-4198-96fd-b965813ce4a4\/new-advances-to-organic%253cmark%253e-solar-cells-%253c%2Fmark%253eare-helping-drive-the-tech-out-of-the-lab\" style=\"\" rel=\"noopener\">designed by Turkey\u2019s Abdullah G\u00fcl University<\/a> is enabling panels to absorb energy from multiple angles, yielding a 66% increase in light absorption. The flexibility of the new tech makes it suitable for applications on the move, such as wearable solar cells. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-tech\/\">green tech<\/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\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86063\" 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=\"86063\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/solar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey\/\">\r\n                            Solar, green finance and investment updates from Saudi Arabia, Tunisia, and Turkey                        <\/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\/14\/solar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey\/\" 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\/14\/solar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey\/')\">\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\/14\/solar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey\/\">\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=Solar, green finance and investment updates from Saudi Arabia, Tunisia, and Turkey&url=https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/solar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey\/\">\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\/14\/solar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey\/&title=Solar, green finance and investment updates from Saudi Arabia, Tunisia, and Turkey\">\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=Solar%2C+green+finance+and+investment+updates+from+Saudi+Arabia%2C+Tunisia%2C+and+Turkey+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F08%2F14%2Fsolar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey%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\/14\/solar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1242.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86064\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/08\/14\/solar-green-finance-and-investment-updates-from-saudi-arabia-tunisia-and-turkey\/1242-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1242.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1242.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1242.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1242.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86063\" class=\"content-area-description single-story post-86063 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-desalination tag-enterpriseclimate tag-saudi-arabia tag-solar-energy tag-tunisia tag-world-bank 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\/.84c21156-b92a-4f8f-b7fa-80d946959bde.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">DESALINATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jubail 3B desalination plant in Saudi enters commercial operations: <\/strong>Saudi Water Partnership Company (SWPC) began operating its SAR 2.6 bn (USD 692 mn) solar-powered Jubail 3B Independent Water Desalination Project, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/water-electricity-co_swpc-engie-nesma-activity-7221554682895224834-u62u?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The plant was developed by a consortium led by France\u2019s Engie, along with Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/www.nesma.com\/\" style=\"\" rel=\"noopener\">Nesma Co<\/a>, and <a target=\"_blank\" href=\"https:\/\/ajlanbros-holding.com\/\" style=\"\" rel=\"noopener\">Ajlan &amp; Bros<\/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;\">About the plant: <\/strong><span style=\"background-color: transparent;\">The Jubail 3B plant will use reverse osmosis technology to produce 570k cbm of potable water daily to provide water to 2 mn people in Riyadh and Qassim, <\/span><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/world\/middle-east\/saudis-jubail-3b-water-project-enters-commercial-operations-hr7kr2qu\" rel=\"noopener\">Trade Arabia<\/a><span style=\"background-color: transparent;\"> wrote. The facility will also include storage tanks with the capacity to hold a day\u2019s worth of desalinated water. The project \u2014 which is being developed under a 25-year build-own-operate contract \u2014 reached financial close in October 2021 after the bid was awarded to the Engie consortium.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Acciona will handle the solar plant<\/strong>: Renewables and water treatment company Acciona is planning to build the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/91a740d5-69e3-4c0a-a517-3afd6936555a\/shell-is-setting-up-its-blue-hydrogen-%2B-ammonia-plant-in-oman%25e2%2580%2599s-duqm\" style=\"\" rel=\"noopener\">61 MW solar photovoltaic project<\/a> that will power the desalination plant, which will help the plant cut down on conventional power consumptions. The plant is expected to be fully operational in 2024 and will produce potable water within the next few months. <\/p>\n<p class=\"tag-border-left\">GREEN FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Miga issues EUR 18.45 mn guarantee for Tunisian solar plants: <\/strong>The World Bank\u2019s Multilateral Investment Guarantee Agency (Miga) has released a EUR 18.45 mn guarantee to Japan\u2019s Aeolus for its investment in Norwegian renewables developer Scatec\u2019s 60 MW Sidi Bouzid and Tozeur solar projects in Tunisia, according to a <a target=\"_blank\" href=\"https:\/\/www.miga.org\/press-release\/miga-guarantee-propel-tunisias-renewable-energy-generation\" style=\"\" rel=\"noopener\">press release<\/a>. This comes a week after the European Bank for Reconstruction and Development and the French development agency, Proparco, said they would lend Aeolus \u2014 a subsidiary of Toyota\u2019s investment arm Toyota Tsusho Group \u2014 and Scatec <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4ab3e8e6-a02c-4355-8897-16bb5cd0a902\/\" style=\"\" rel=\"noopener\">EUR 25 mn<\/a> for the construction of the two solar plants.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Aeolus signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/274e119b-16b4-40d7-8dd1-559acce0f5af\/aeolus-acquires-a-49%2525-stake-in%253cmark%253e-scatec%253c%2Fmark%253e%25e2%2580%2599s-tunisian-solar-projects\" style=\"\" rel=\"noopener\">partnership agreement<\/a> with Norwegian renewables developer Scatec to jointly develop and own the latter\u2019s EUR 79 mn Sidi Bouzid and Tozeur solar projects earlier this month. Under the agreement, Aeolus acquired a 49% ownership stake. The tender for the plants entered its final stages back in May. Scatec was awarded a 20 year power purchase agreement with the option to extend 10 years from the Tunisian state utility firm Soci\u00e9t\u00e9 Tunisienne de l\u2019Electricit\u00e9 et du Gaz.<\/p>\n<p class=\"tag-border-left\">DEBT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Polinas Plastik gets EUR 25 mn from EBRD to decarbonize packaging production: <\/strong>The European Bank for Reconstruction and Development (EBRD) has approved a EUR 25 mn loan for Turkey\u2019s flexible packaging producer <a target=\"_blank\" href=\"https:\/\/www.polinas.com\/en\" style=\"\" rel=\"noopener\">Polinas Plastik<\/a> to help reduce emissions from the firm\u2019s production line, according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/news\/2024\/ebrd-loan-to-advance-greener-packaging-in-trkiye.html#\" style=\"\" rel=\"noopener\">statement<\/a>. The loan will go towards investments that will help make the firm\u2019s production more energy and resource efficient, as well as integrating solar into the energy mix. The financing will also fund a new production line for biaxially oriented polypropylene film and new machinery that will allow for the production of fully recyclable packaging materials that incorporates both recycled and biobased content.<\/p>\n<p class=\"tag-border-left\">INVESTMENT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICIEC <\/strong><strong>+ JBIC partner to boost renewables projects:<\/strong> The Islamic Development Bank\u2019s (IsDB) Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Japan Bank for International Cooperation (JBIC) have signed an MoU to enhance trade and investment between ICIEC member states and Japan, with a focus on climate action and renewable energy, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/iciec-and-jbic-forge-strategic-alliance-to-boost-trade-and-investment-jjp8ernh\" style=\"\" rel=\"noopener\">press<\/a><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/iciec-and-jbic-forge-strategic-alliance-to-boost-trade-and-investment-jjp8ernh\" style=\"\" rel=\"noopener\">release<\/a>. The partnership aims to leverage ICIEC\u2019s insurance services and JBIC\u2019s financial facilities to support projects particularly in Central Asia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IsDB has more in the works: <\/strong>IsDB pledged <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9cb7b135-2330-4147-b5ad-aa37eeec3799\/loans,-carbon-markets,-green-bonds-and-more\" style=\"\" rel=\"noopener\">USD 250 mn<\/a> to Irena\u2019s Energy Transition Accelerator Financing platform during COP28, for which ICIEC is offering de-risking products in developing countries. The lender also plans to invest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/01be8e5c-7525-4c7c-98d0-a863bf5abd9f\/\" style=\"\" rel=\"noopener\">USD 4.5 bn<\/a> in as many as 57 sustainable and infrastructure projects across member states this year. It also signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2a11c725-aca5-401e-ac54-ab6ace3b0722\/\" style=\"\" rel=\"noopener\">joint financing agreement<\/a> worth USD 60 mn with Tunisia to support SMEs in various sectors including renewable and low-carbon energy in May, and signed a USD 150 mn financing agreement for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/63fc4350-38e9-46e6-8e44-3cd4f10c5eeb\/\" style=\"\" rel=\"noopener\">Tajikistan\u2019s Rogun hydropower plant<\/a> in June.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>JBIC has projects in the region<\/strong>: JBIC extended a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8e5c39b4-c827-4419-99ea-b710264c20ed\" style=\"\" rel=\"noopener\">USD 3 bn green finance loan<\/a> to the Abu Dhabi National Oil Company (Adnoc) to support the company\u2019s decarbonization efforts and green initiatives last month. The lender also extended a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/273d7a63-8226-478f-acb9-2bbf2667910a\" style=\"\" rel=\"noopener\">USD 12 mn loan<\/a> to Mitsui &amp; Co. for its 1 mn ton low carbon ammonia production Al Ruwais ammonia plant with Ta\u2019ziz in June, and is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/fc4e6992-3e7b-459b-b31a-8e069370e4e1\" style=\"\" rel=\"noopener\">among the financiers<\/a> of the 500 MW Gulf of Suez wind plant in Egypt.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/desalination\/\">DESALINATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tunisia\/\">Tunisia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/world-bank\/\">World Bank<\/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=\"86065\" 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\/14\/86065\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86065\" class=\"content-area-description single-story post-86065 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUGUST 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">12-16 August (Monday-Friday): Mastering Renewable & Alternative Energies, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-21 August (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/worldesgsummit.com\/\" style=\"\">The World ESG Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 August (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cgee.org\/\" style=\"\">International Conference on Clean and Green Energy Engineering<\/a><\/span><span style=\"font-weight:400;\">, Izmir, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 August (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spectrumconferences.com\/2024\/isnre\" style=\"\">International Summit on Non-Renewable and Renewable Energy<\/a><\/span><span style=\"font-weight:400;\">, Valencia, Spain.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldutilitiescongress.com\/\" style=\"\">World Utilities Congress<\/a><\/span><span>, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-19 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/evautoshowonline.com\/\" style=\"\">EV Auto Show<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/powerelecbahrain.com\/\" style=\"\">Powerlec Bahrain 2024<\/a><\/span><span style=\"font-weight:400;\">, Manama, Bahrain.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25-26 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/steel.apexevents.cn\/\" style=\"\">Green Steel Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-3 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wetex.ae\" style=\"\">Water, Energy and Environment Technology Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-3 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/csew.net\/\" style=\"\">Cairo Sustainable Energy Week<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-3 October (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wges.ae\/\" style=\"\">World Green Economy Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 October (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/icaige.tn\/\" style=\"\">The IEEE International Conference on Artificial Intelligence & Green Energy<\/a><\/span><span style=\"font-weight:400;\">, Yasmine Hammamet, Tunisia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-17 October (Sunday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cairowaterweek.eg\/cww2024\/#:~:text=The%20upcoming%20seventh%20edition%2C%20Cairo,Climate%3A%20Building%20Resilient%20Communities.%E2%80%9D\" style=\"\">Cairo Water Week<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/evautoshowonline.com\/\" style=\"\">EV Auto Show<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-16 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-show-ksa\/index.stm\" style=\"\">Solar & Storage Live KSA<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-8 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wuf.unhabitat.org\/\" style=\"\">World Urban Forum<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-8 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aecweek.com\/\" style=\"\">African<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aecweek.com\/\" style=\"\">Energy Week<\/a><\/span><span style=\"font-weight:400;\">, Cape Town, South Africa. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.afsiasolar.com\/refa-renewable-energy-forum-africa-2023\/\" style=\"\">Renewable Energy Forum Africa<\/a><\/span><span style=\"font-weight:400;\">, Tunis, Tunisia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/africa-press-releases\/southern-african-german-chamber-of-commerce-partners-with-critical-mineral-africa-cma-for-2024-summit-ccdt5jdr\" style=\"\">Critical Mineral Africa Summit<\/a><\/span><span style=\"font-weight:400;\">, Cape Town, South Africa. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-22 November (Monday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/unfccc.int\/cop29\" style=\"\">United Nations Climate Change Conference or Conference of the Parties (COP29)<\/a><\/span><span style=\"font-weight:400;\">, Baku, Azerbaijan. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-14 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/\" style=\"\">Abu Dhabi International Petroleum Exhibition & Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.g20.org\/en\/about-the-g20\/summit-rio-2024\" style=\"\">G20 Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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>Egypt\u2019s carbon market is live | Another 2 GW solar plant for Saudi | Empower breaks ground on Deira cooling plant<\/p>\n","protected":false},"featured_media":86050,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-86049","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"982bdb5d-89f6-465f-bb43-33787582b652","teaser":"Egypt\u2019s carbon market is live | Another 2 GW solar plant for Saudi | Empower breaks ground on Deira cooling plant","photo_url":"https:\/\/ent.news\/2024\/2\/1156.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>Egypt officially launches Africa\u2019s first carbon market - Climate<\/title>\n<meta name=\"robots\" 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