{"id":89038,"date":"2025-01-17T00:00:00","date_gmt":"2025-01-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=89038"},"modified":"2025-12-15T12:06:04","modified_gmt":"2025-12-15T12:06:04","slug":"rivian-finalizing-mega-financing-saudis-future-minerals-forum-are-headliners-this-week","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/rivian-finalizing-mega-financing-saudis-future-minerals-forum-are-headliners-this-week\/","title":{"rendered":"Rivian finalizing mega financing + Saudi\u2019s Future Minerals Forum are headliners this week"},"content":{"rendered":"<section id=\"89040\" 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=\"89040\">\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\">THE WEEK IN REVIEW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/top-stories-rivian-finalizing-mega-financing-saudis-future-minerals-forum-are-headliners-this-week\/\">\r\n                            TOP STORIES: Rivian finalizing mega financing + Saudi\u2019s Future Minerals Forum are headliners this week                        <\/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\/2025\/01\/17\/top-stories-rivian-finalizing-mega-financing-saudis-future-minerals-forum-are-headliners-this-week\/\" 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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But first, the big climate story dominating headlines internationally\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY ABROAD THIS WEEK- <\/strong><strong>Los Angeles<\/strong><strong> is enduring its most <\/strong><strong>destructive <\/strong><strong>wildfire season yet,<\/strong> with at least 25 deaths, over 12k structures destroyed, and 88k residents under evacuation orders as three major fires ravaged the region. Fires across LA have scorched over 45k acres and thousands of buildings as firefighters battle to contain the spread, according to the California fire department. The fires have been fueled by \u201chydroclimate whiplash\u201d combined with record-breaking <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/weather\/articles\/cg7r7rrex8no\" style=\"\" rel=\"noopener\">Santa Ana<\/a> gusts exceeding 100 mph.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hydro-what now<\/strong><strong>?<\/strong> <a target=\"_blank\" href=\"https:\/\/www.nature.com\/articles\/s43017-024-00624-z\" style=\"\" rel=\"noopener\">Hydroclimate whiplash<\/a> occurs when wet conditions fuel rapid vegetation growth before drying out during an unusually hot and dry spring and summer, leaving the landscape highly flammable. The region\u2019s traditionally rainy December-to-February season was abnormally dry for eight months, further compounding the issue. Strong winds have further escalated conditions, leading any spark from power lines, vehicles, arson, or other causes to trigger a major blaze. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Economic tolls are climbing rapidly:<\/strong> Fire damage could exceed <a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/news\/international\/world-news\/los-angeles-fires-economic-toll-goes-far-beyond-destroyed-homes\/articleshow\/117274938.cms?from=mdr\" style=\"\" rel=\"noopener\">USD 30 bn<\/a> in ins., according to Wells Fargo, while AccuWeather estimates total losses could top USD 275 bn. The Palisades fire alone has become LA\u2019s most destructive wildfire on record, depleting municipal water supplies and leaving affluent residents in Pacific Palisades to abandon their vehicles and flee by foot as gridlocked neighborhoods burned. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/wind-gusts-humidity-may-test-firefighters-battling-los-angeles-blazes-2025-01-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-16\/did-climate-change-cause-santa-ana-winds-that-fueled-los-angeles-wildfires\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/weather\/2025\/01\/16\/los-angeles-california-fires-spread-containment-updates\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2025\/jan\/14\/la-fire-edison-lawsuit-looting-arrests\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/los-angeles-wildfires-southern-california-212389bfba69f39baaf72579f1644ddd\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/weather\/live-news\/fire-los-angeles-california-palisades-ventura-eaton-01-15-25-hnk\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> <strong> | <\/strong><a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c1m5r5zp0lno\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nbcnews.com\/weather\/wildfires\/live-blog\/california-wildfires-live-updates-winds-die-fires-rage-la-area-rcna187911\" style=\"\" rel=\"noopener\">NBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/01\/15\/us\/los-angeles-wildfires-california\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cbsnews.com\/live-updates\/california-fires-winds-updates\/\" style=\"\" rel=\"noopener\">CBS<\/a> | <a target=\"_blank\" href=\"https:\/\/abcnews.go.com\/US\/live-updates\/california-wildfires-los-angeles-weather\/?id=117613594\" style=\"\" rel=\"noopener\">ABC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/1ada4ad5-d992-42a2-89d9-99063883f91d\" style=\"\" rel=\"noopener\">Financial Times<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WHAT WE\u2019RE TRACKING REGIONALLY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> <\/strong> <strong>#1- Chinese solar energy firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.trinasolar.com\/us\" style=\"\" rel=\"noopener\">Trina Solar<\/a><\/strong><strong> is seeking a partner to help set up a USD 5 bn <\/strong><strong>integrated solar power generation chain in the UAE<\/strong>, Trinasolar\u2019s Middle East and Africa regional head Vincent Wu told <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/energy\/2025\/01\/15\/chinas-trina-solar-seeks-partner-for-5-billion-programme-in-uae\/\" style=\"\" rel=\"noopener\">The National<\/a> on Wednesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sounds familiar? <\/strong>The company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3b2f2a90-8f79-4088-aa01-917e57578b4f\" style=\"\" rel=\"noopener\">signed an MoU<\/a> with the UAE\u2019s AD Ports and China\u2019s Jiangsu Provincial Overseas Cooperation and Investment to build a large-scale PV manufacturing base in the Khalifa Economic Zones Abu Dhabi (Kezad) in 2023. No financial details or a timeline for the project were disclosed at the time. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- <\/strong><strong>Ma\u2019aden<\/strong><strong> and Alba call off proposed merger talks: <\/strong>Saudi mining giant Ma\u2019aden and Aluminium Bahrain (Alba) have agreed to discontinue discussions regarding their potential merger, signing an agreement to terminate the non-binding heads of terms, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=84663&anCat=1&cs=1211&locale=en\" style=\"\" rel=\"noopener\">Tadawul disclosure<\/a> released on Monday. No reasons were disclosed for the decision. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The now-terminated agreement, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/66cae1a5-e6e5-408b-98d0-7823c89352b2\/\" style=\"\" rel=\"noopener\">inked last September<\/a>, had laid the groundwork for Ma\u2019aden to explore swapping its full share capital in subsidiaries Ma\u2019aden Aluminum and Ma\u2019aden Bauxite and Alumina for new shares in Alba. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>IN OTHER SAUDI NEWS- <\/strong><strong>Saudi Tabreed <\/strong><strong>reportedly hired Citigroup and SNB Capital for a<\/strong><strong> potential IPO<\/strong> on the Saudi Tadawul, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-09\/saudi-pif-backed-cooling-firm-taps-citi-snb-capital-for-ipo\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing unnamed sources with knowledge of the matter. While the size, value, and timeline of the offering remain under discussion, the potential IPO could happen this year, Bloomberg\u2019s sources said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The Public Investment Fund <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/668bcb89-2935-456f-b0c4-495d50304ee0\/pif-now-owns-30%2525-of%253cmark%253e-saudi-tabreed%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">acquired a 30% stake in Saudi Tabreed<\/a> \u2014 the Saudi arm of DFM-listed National Central Cooling Company Tabreed in 2023. The stake PIF acquired was estimated to be worth some USD 250 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Egypt<\/strong> <strong>is ramping up its renewable energy ambitions, <\/strong>aiming to reach 10 GW of renewable energy and 2.85 GW of battery storage to its grid by the end of 2025, increasing to 12 GW of renewables and 3.35 GW of storage by late 2026, according to a <a target=\"_blank\" href=\"https:\/\/web.facebook.com\/EgyptianCabinet\/posts\/1118752713628481\" style=\"\" rel=\"noopener\">statement<\/a> on Sunday. The country aims to reach 20 GW of renewables by 2029, 3.6 GW of nuclear energy, and 2.4 GW of pumped storage. Egypt had put forward a plan to add <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0d82ec83-5cdf-4327-ac16-6a32e2c55a0e\" style=\"\" rel=\"noopener\">4 GW of renewables<\/a> to the national grid by next summer, with the Electricity Ministry reportedly preparing for an addition <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/green\/66495\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B1%D8%B5%D8%AF-7-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D8%B1%D8%A8%D8%B7-%D8%B7%D8%A7%D9%82%D8%A9-%D9%85%D8%AA%D8%AC%D8%AF%D8%AF%D8%A9-%D8%A8%D8%B4%D8%A8%D9%83%D8%A9-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1\/?utm_source=facebook&utm_medium=social&utm_campaign=%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%A7%D9%84%D8%B4%D8%B1%D9%82---%D9%85%D8%B5%D8%B1\" style=\"\" rel=\"noopener\">of up to 5.5 GW<\/a> by yearend.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moving forward with plans<\/strong><strong>?<\/strong> Egypt is planning a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5a82cc0d-c85c-4f4d-93fd-7849f1588b89\/today:-egypt%25e2%2580%2599s-korra-energi-eyes-2025-debut-on-egx\" style=\"\" rel=\"noopener\">grid expansion push<\/a> to connect solar and wind projects as they come online in the next few years. The plan aims to extend around 1.6k km of transmission lines through 2028, including 55 km of lines dedicated to solar and wind projects as they come online. The EETC also said it was looking to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b8bbbc5d-206a-4b37-b47c-cd2ba25ce204\/today:-cmgp%25e2%2580%2599s-ipo-was-37x-oversubscribed-%2B-a-new-electric-bus-factory-for-qatar\" style=\"\" rel=\"noopener\">borrow EGP 68 bn<\/a> \u2014 likely from the National Bank of Egypt, Banque Misr, and Banque du Caire \u2014 to finance electrical equipment and transformers imports for use in domestic projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Engie eyes renewables <\/strong><strong>growth in the region: <\/strong>French power utility Engie is pursuing renewable energy projects in Saudi Arabia and the UAE to expand its clean energy footprint in the Gulf market, Engie\u2019s managing director for renewables in the MENA region Fran\u00e7ois-Xavier Boul told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-13\/french-utility-engie-seeks-to-enter-saudi-and-emirati-renewable-power-markets?utm_source=google&utm_medium=bd&cmpId=google\" style=\"\" rel=\"noopener\">Bloomberg<\/a> last week. The company will bid for 3 GW of solar and 1.5 GW of wind projects under Saudi\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/910ebe22-804c-49eb-a6d1-de43a4c3c10c\/\" style=\"\" rel=\"noopener\">sixth round of wind and solar projects<\/a> under the National Renewable Energy Program and is already awaiting the outcome of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e8dd65c1-1a2a-48d2-a57e-bb06f1836ab3\" style=\"\" rel=\"noopener\">1.5 GW Abu Dhabi solar<\/a> tender, Boul said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">[wwtt4]<strong>#5- Algeria relaunches 520 MW solar projects tenders after terminating initial selection: <\/strong>Algeria\u2019s Sonelgaz has relaunched national and international tenders to construct three large photovoltaic power plants in Algeria, <a target=\"_blank\" href=\"https:\/\/www.echoroukonline.com\/international-tender-to-build-solar-power-plants-in-algerian-sahara\" style=\"\" rel=\"noopener\">Echorouk<\/a> reported last week. The projects were <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e81f4c5c-5b16-4590-95a6-e67e054779ce\/algeria%25e2%2580%2599s-sonelgaz-and%253cmark%253e-cosider%253c%2Fmark%253e-canalisations-break-ground-on-a-150-mw-solar-project\" style=\"\" rel=\"noopener\">originally awarded<\/a> to a consortium of Cosider Canalisations and Italy\u2019s Fimer last April but were terminated after Sonelgaz rejected a contractual substitution proposed during Fimer\u2019s internal restructuring, Italy\u2019s Map Energy told <a target=\"_blank\" href=\"https:\/\/www.tsa-algerie.com\/contrats-en-algerie-les-precisions-de-lentreprise-italienne-maps-energy\/\" style=\"\" rel=\"noopener\">TSA<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The projects include solar plants in Bechar, Touggort, and Temacine with capacities of 120 MW, 150 MW, and 250 MW, respectively. To qualify, foreign firms must have completed 25 MW solar projects when partnering with a consortium of Algerian companies or 40 MW in case of an independent submission. The tender covers engineering, civil work, supply, transportation, installation, testing, and connection to the electricity grid, with the deadline set for 6 February. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WHAT WE\u2019RE TRACKING GLOBALLY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Thailand to launch new carbon market in 2025: <\/strong>Thailand is planning to launch a new carbon credits market this year, secretary-general of the nation\u2019s Securities and Exchange Commission Pornanong Budsaratragoon told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-16\/thailand-to-launch-new-carbon-credits-market-to-boost-trading\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The move comes after the country suffered from oversupply and lackluster demand that left prices very low since carbon trades started in the country in 2016. The details of the new market \u2014 which would be operated by the country\u2019s stock exchange \u2014 are still being hashed out. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Thailand has big carbon potential: <\/strong>The country is viewed \u2014 alongside Indonesia, Vietnam, and Malaysia, as a possible major supplier for the global carbon markets as demand picks up in the wake of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77f5a283-1888-41d5-accc-d36505c39e92\/today:-fertiglobe%25e2%2580%2599s-first-earning-report-after-adnoc%25e2%2580%2599s-acquisition-%2B%253cmark%253e-carbon%253c%2Fmark%253e-market-rules-make-it-on%253cmark%253e-cop%253c%2Fmark%253e%25e2%2580%2599s-first-day\" style=\"\" rel=\"noopener\">COP29 carbon markets agreement<\/a>. The country\u2019s cumulative oversupply for the period between 2016 and 2024 stood at 17 mn tons of carbon credits. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Lithium prices to steady in 2025 as China eases oversupply: <\/strong>Lithium prices are set to stabilize this year after two years of an 86% drop on the back of surging EV sales in China \u2014 the world\u2019s leading EV market \u2014 and closing mines help address the issue of oversupply, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/lithium-prices-stabilise-2025-mine-closures-china-ev-sales-ease-glut-analysts-2025-01-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Monday. Lithium carbonate supply is expected to almost halve to about 80k tons of lithium carbonate, Reuters reported, citing forecasts by China\u2019s commodity data provider Antaike. The surge in prices, however, could be halted if mines reopen in response to increasing NP. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><br \/>#3- <\/strong><strong>Europe\u2019s clean<\/strong><strong> energy goals in jeopardy due to negative power prices: <\/strong>Europe is currently at risk of missing its 2030 clean energy targets as negative electricity prices curtail investors\u2019 appetite for new renewable projects, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-10\/europe-s-negative-power-prices-undermine-2030-clean-energy-goals?srnd=phx-green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last Friday, citing data from market research company Aurora Energy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Negative electricity prices reached record highs in 2024, <\/strong>with Germany seeing 468 hours of below-zero energy prices in 2024 and France bagging 356 hours. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Missing the target: <\/strong>The EU\u2019s solar and wind capacity is projected to reach 850 GW by 2030, not meeting the 1.1 TW goal set in national energy strategies due in part to old subsidy schemes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The culprit:<\/strong> Older subsidy schemes encourage energy producers to continue generating power even if there is an oversupply, which causes electricity prices to drop below zero, disrupting market dynamics and reducing the profitability of renewable energy projects, Aurora Energy analyst Jannik Carl told Bloomberg. Grid infrastructure\u2019s undercapacity is also another culprit, especially in the UK and Germany where grid congestion and curtailment are worsening the issue. <\/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 EnterpriseAM Climate, the essential MENA publication for senior <\/strong><strong>execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out on Fridays 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>EnterpriseAM Climate is available without charge <\/strong>thanks to the generous support of our friends at HSBC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Climate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">MENA<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics industry<\/a> ?<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>Bahrain will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/sustainmideast.com\/\" style=\"\" rel=\"noopener\">Sustainability Forum Middle East<\/a><\/strong><strong> from Tuesday, 28 January to <\/strong><strong>Wednesday, 29 January<\/strong> in Manama. Climate experts and decision-makers will convene to discuss a number of issues ranging from decarbonization to supporting SMEs on their path to net zero. Speakers will include GCC government officials and industry leaders from the banking and industrial sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.egypes.com\/\" style=\"\" rel=\"noopener\">The Egypt Energy Show<\/a><\/strong><strong> will kick off from Monday, 17 February and run through to <\/strong><strong>Wednesday, 19 February <\/strong>in Cairo. The event will bring together over 47k attendees and will highlight Egypt\u2019s role in driving green energy transformation in the region under the theme \u201cBuilding a secure and sustainable energy future.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" 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=\"\" rel=\"noopener\">Oman Climate Week<\/a><\/strong><strong> will begin on Monday, 24 February and run through to Thursday, 27 <\/strong><strong>February <\/strong>in Muscat. The event will facilitate a dialogue on how Oman can align with the Paris Agreement and the goal to reach net zero emissions. Topics of interest include Climate Mitigation, Climate Adaptation, Climate Finance, Carbon Markets, Climate Technologies, Loss & Damage, and Social Inclusion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.connectinghydrogenmena.com\/\" style=\"\" rel=\"noopener\">Connecting Hydrogen MENA<\/a><\/strong><strong> from Monday, 24 February to Wednesday, <\/strong><strong>29 January<\/strong> in Dubai. The event will be the largest hydrogen event in the region and will bring together over 3k attendees from over 50 countries to discuss collaboration in the sector along with ammonia, manufacturing, and transport. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/algeria\/\">Algeria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span 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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/abdul-latif-jameel-backed-rivian-closes-usd-6-6-bn-us-federal-loan\/\">\r\n                            Abdul Latif Jameel-backed Rivian closes USD 6.6 bn US federal loan                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/abdul-latif-jameel-backed-rivian-closes-usd-6-6-bn-us-federal-loan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/690.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89044\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/abdul-latif-jameel-backed-rivian-closes-usd-6-6-bn-us-federal-loan\/690-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/690.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"690.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/690.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/690.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89043\" class=\"content-area-description single-story post-89043 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-abdul-latif-jameel tag-debt-watch tag-enterpriseclimate tag-evs tag-saudi-arabia tag-usa 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\/2025\/1\/.4fe832be-1418-49e5-ac17-9f88de7a1802.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abdul Latif <\/strong><strong>Jameel-backed Rivian finalized a USD 6.6 bn federal loan<\/strong><strong> agreement with the Biden <\/strong><strong>administration to support <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9bb4e1ba-ade7-4aef-8aa8-e26dad004952\/\" style=\"\" rel=\"noopener\">plans to build a manufacturing plant<\/a><\/strong> <strong> in Georgia<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/rivian.com\/newsroom\/article\/rivian-and-us-department-of-energy-finalize-loan-agreement\" style=\"\" rel=\"noopener\">statement<\/a>. Construction is set to begin in 2026 and production will commence in 2028.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The loan will be divided across the plant\u2019s planned two phases, with options for advances. The first phase would see a financing of up to USD 3.4 bn, while the second phase could release funds up to USD 2.6 bn. Both figures do not include capitalized interest. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Rivian plans to build the production facility in two phases with a 200k annual production capacity each. Phase 1 is set to begin production in 2028. The plant will be located at Stanton Springs North, Georgia state, and is expected to generate 7.5k jobs once operational. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Could the financing be reversed by Trump? <\/strong>Big republican names like Vivek Ramaswamy, one of the two candidates tapped to lead the Department of Government Efficiency, have vowed to scrutinize and reverse last-minute loans, specifically <a target=\"_blank\" href=\"https:\/\/x.com\/VivekGRamaswamy\/status\/1861481183260938246\" style=\"\" rel=\"noopener\">targeting the commitment to Rivian<\/a>. However, Biden officials appear <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/125e4786-06f3-4663-b1a9-5f7423fef602\/total-nearing-vsb-acquisition\" style=\"\" rel=\"noopener\">confident that most finalized financing will be safe<\/a>. \u201cWhen funds are obligated, they are protected ... They are subject to the terms of the contract, so when those contracts are signed and executed, this becomes a matter of contract law more than a matter of politics,\" Biden\u2019s climate advisor John Podesta told Reuters last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The luxury EV maker major backer Volkswagen raised its investment by 16% to reach <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9bb4e1ba-ade7-4aef-8aa8-e26dad004952\" style=\"\" rel=\"noopener\">USD 5.8 bn<\/a> last November to support a joint venture between the two companies that would focus on software-defined vehicle platforms. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/abdul-latif-jameel\/\">Abdul Latif Jameel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/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\/usa\/\">USA<\/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=\"89045\" 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=\"89045\">\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\">MINING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/saudi-goes-big-on-mining-at-the-future-minerals-forum\/\">\r\n                            Saudi goes big on mining at the Future Minerals Forum                        <\/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\/2025\/01\/17\/saudi-goes-big-on-mining-at-the-future-minerals-forum\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The vice minister did not disclose further details on the project. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The investment is part of a \u201cfast and furious\u201d push to deepen the Kingdom\u2019s mining <\/strong><strong>footprint and position itself as a global mining hub<\/strong>, Saudi Energy Minister Abdulaziz bin Salman said at the forum. \u201cOil is no longer an energy security challenge \u2013 it\u2019s going to be gas, electricity, predominantly minerals,\u201d Saudi Energy Minister Abdulaziz bin Salman said, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/01\/15\/oil-no-longer-energy-security-challenge-saudi-minister-says.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reported separately. As countries race to gain first access to critical minerals, higher emissions, metal costs, and energy prices will naturally ensue, bin Salman added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MA\u2019ADEN IS ON A ROLL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ma\u2019aden is on the hunt for financing:<\/strong> Ma\u2019aden is considering an international bond issuance this year to drum up financing for its USD 12 bn investment program, CEO Bob Wilt told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-16\/saudi-arabia-s-biggest-miner-maaden-considers-bond-sale-to-fund-expansion\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The mining giant is already in discussions with banks and will make a decision on proceeding \u201clater this year.\u201d Proceeds from the issuance will help ease burdens on the company's balance sheet as Ma\u2019aden deploys an average of USD 2.5 bn a year to grow its phosphates, aluminum and metals business over the next five years, Wilt added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Aramco and Ma\u2019aden <\/strong><strong>signed a non-binding<\/strong><strong> heads of agreement to form a lithium<\/strong> <strong>extraction JV by 2027<\/strong> to advance direct lithium extraction technologies, Aramco said in <a target=\"_blank\" href=\"https:\/\/www.aramco.com\/en\/news-media\/news\/2025\/aramco-plans-transition-minerals-jv-with-maaden\" style=\"\" rel=\"noopener\">a statement<\/a>. Aramco said it identified areas within its operations where lithium concentrations exceed 400 parts per mn. This story was also covered by <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-15\/saudis-plan-lithium-boost-with-aramco-and-maaden-joint-venture\" style=\"\" rel=\"noopener\">Bloomberg<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT-<\/strong> Global demand for lithium is projected to rise 7x by 2040 on the back of a growing appetite for EVs, according to the International Energy Association\u2019s projections. While China dominates two-thirds of the lithium processing market, \u201cSaudi Arabia is very well positioned in processing because of the mixture that we have, starting from energy competitiveness, great infrastructure in terms of industrial cities and ports,\u201d Industry and Mineral Resources Minister Bandar Alkhorayef told the salmon-colored paper. However, Saudi Arabia has yet to establish a significant presence in lithium or battery raw materials, Benchmark Mineral Intelligence says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fix? <\/strong>Analysts suggest vertical integration \u2014 controlling the entire supply chain from extraction to sales \u2014 would help Saudi Arabia\u2019s lithium ambitions to succeed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The Kingdom increased its estimate of unexploited mineral resources to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0367c323-ad6e-4c58-b240-5ccd5858c5d1\" style=\"\" rel=\"noopener\">USD 2.5<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0367c323-ad6e-4c58-b240-5ccd5858c5d1\" style=\"\" rel=\"noopener\">tn<\/a>, driven by discoveries of rare earth elements and metals such as lithium, copper, and gold. To accelerate critical minerals development, it has introduced a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d7dc71f7-c0b0-4a5c-852f-d706b9cf6983\/ksa-signs-spate-of-mining-agreements-worth-usd-20-bn-%2B-launches%253cmark%253e-usd-182-mn%253c%2Fmark%253e-mineral-exploration-incentive-program\" style=\"\" rel=\"noopener\">USD 182 mn incentive program<\/a> for exploration.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MORE MINING NEWS FROM SAUDI-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong> <strong>The Industry and Mineral Resources Ministry awarded exploration licenses for six <\/strong><strong>sites <\/strong><strong>in Riyadh and Makkah<\/strong> under its seventh exploration tender, according to <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2242309\" style=\"\" rel=\"noopener\">state news agency SPA<\/a>. The tender saw 11 firms submitting a total of 24 bids, the ministry said. The concessions are expected to carry copper, zinc, gold, silver, and lead deposits. The awardees have committed SAR 126 mn for exploration and pledged SAR 9 mn to support local communities through social programs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The awardees:<\/strong><\/p>\n<ul>\n<li><a target=\"_blank\" href=\"https:\/\/amak.com.sa\/\" style=\"\" rel=\"noopener\">Al Masane Al Kobra<\/a> landed three licenses to explore concessions in North Jabal Al Khallah and South Jabal Al Khallah in Riyadh, and Jabal Al Daama in Makkah;<\/li>\n<li>The Um Ajlan concession in Riyadh went to a consortium of <a target=\"_blank\" href=\"https:\/\/www.artar.com.sa\/\" style=\"\" rel=\"noopener\">ARTAR<\/a> and <a target=\"_blank\" href=\"https:\/\/gmco.com.sa\/\" style=\"\" rel=\"noopener\">Gold and Minerals Company<\/a> ;<\/li>\n<li>A consortium of the Arabian Gulf Mining Company and India\u2019s <a target=\"_blank\" href=\"https:\/\/skylarkworld.com\/home\/mining.html\" style=\"\" rel=\"noopener\">Skylark<\/a> secured a license for Wadi Al Laith in Riyadh;<\/li>\n<li><a target=\"_blank\" href=\"https:\/\/powernickel.com\/\" style=\"\" rel=\"noopener\">Canada\u2019s Power Nickel<\/a> landed exploration rights for Jabal Baydan in the Hijaz Mountains.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER<\/strong><strong>- More licenses coming:<\/strong> Proposal applications for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0d18fc29-25e0-48d0-af7f-aa1334a22e1b\/today:-alcazar-eyes-renewable-project-in-egypt-%2B-crysp-farm%25e2%2580%2599s-maan-saad-talks-sustainable-hydroponic-tech\" style=\"\" rel=\"noopener\">five exploration licenses<\/a> in the Jabal Sayid and Al-Hajjar mineralized belts \u2014 containing copper, zinc, lead, gold, and silver \u2014 are currently open until 21 January 2025. Companies who qualify will be announced on 16 February 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>KSA inks multiple bilateral mining + mineral MoUs, including with UK: <\/strong>The Saudi Industry and Mineral Resources Ministry signed six mining and critical minerals bilateral cooperation MoUs with Djibouti, Jordan, Austria, Zambia, and France, SPA reported on Tuesday. Details on the cooperation ventures \u2014 signed during the Future Minerals Forum (FMF) in Riyadh \u2014 were not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We may know a little more about the UK plans: <\/strong>The UK was said to be gearing up for an agreement with the Saudi that aims at strengthening the island nation\u2019s critical minerals supply chains, which are essential for its tech and clean energy sectors, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/uk-sign-critical-minerals-partnership-with-saudi-arabia-2025-01-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Tuesday, citing the British Government. The agreement was expected to be finalized this week during FMF, which concluded yesterday, but the UK government has yet to announce the signing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale:<\/strong> The UK is racing to secure long-term access to critical minerals like copper, lithium, and nickel \u2014 key materials for EVs, data centers, and other tech. Saudi Arabia, meanwhile, is looking to leverage its estimated <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0367c323-ad6e-4c58-b240-5ccd5858c5d1\" style=\"\" rel=\"noopener\">USD 2.5 tn untapped mineral resources<\/a> to establish itself as a global hub for critical minerals trade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- PIF\u2019s mining unit Ma\u2019aden is gearing up to invest USD 1.3 bn in Brazil and open its <\/strong><strong>first office in Sao Paulo<\/strong>, Brazilian Mining Minister Alexandre Silveira <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/commodities\/saudi-arabias-maaden-to-open-office-in-brazil-invest-around-13bln-b3vyyx6e\" style=\"\" rel=\"noopener\">told Reuters<\/a>. The investment is set to support geological mapping efforts in the country and to establish partnerships with Brazilian players to examine subsoil sustainably. No further details were provided on the investment plans. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/critical-minerals\/\">critical minerals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/maaden\/\">Maaden<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mining\/\">MINING<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89047\" 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=\"89047\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p 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photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/984.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89048\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/uae-inks-a-eur-1-bn-grid-interconnection-agreement-with-italy-and-albania\/984-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/984.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"984.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/984.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/984.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89047\" class=\"content-area-description single-story post-89047 post type-post status-publish format-standard has-post-thumbnail hentry category-renewables tag-acwa-power tag-enterpriseclimate tag-renewables tag-saudi-arabia tag-solar-energy tag-wind-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.6f9e44f0-f015-405b-a63e-80c703b88aa3.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>A new interconnector project is in the works:<\/strong> UAE, Italy, and Albania have inked a partnership agreement worth some EUR 1 bn to build a subsea interconnection to import renewable energy across the Adriatic Sea, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/italy-albania-uae-sign-deal-energy-subsea-interconnection-2025-01-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Wednesday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the project:<\/strong> The project \u2014 expected to be completed within three years \u2014 aims to enhance existing 430 km power links connecting Italy with Montenegro and other Balkan states and will link the Albanian port of Vlore with Italy\u2019s southern Puglia region, Albanian Prime Minister Edi Rama said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How is the UAE involved?<\/strong> Italian grid operator Terna and UAE\u2019s Taqa will be involved in the project, Rama added. \"By leveraging the UAE's world-class expertise in renewable energy, Albania's abundant natural resources, and Italy's sophisticated energy market, we are connecting nations in far-sighted collaboration,\" UAE Minister of Industry and Advanced Technology Sultan Al Jaber said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A boost for Albania\u2019s renewable energy market:<\/strong> The interconnector will allow Albania to sell locally produced renewable energy, Deputy Prime Minister and Infrastructure and Energy Minister Belinda Balluku said, adding that the country has increased its renewable energy capacity by 500 MW in two years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Connecting left and right:<\/strong> Italy is also working on the EUR 1 bn <a target=\"_blank\" href=\"https:\/\/elmedproject.com\/\" style=\"\" rel=\"noopener\">Elmed<\/a> subsea power link with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/70d69804-6273-49af-b582-5c215e4af3cf\" style=\"\" rel=\"noopener\">Tunisia<\/a>, which was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7d024f5d-91ed-461e-8b08-a0ba6af44d4c\" style=\"\" rel=\"noopener\">greenlit<\/a> by the country in May. The 600 MW interconnector is set to launch operations by 2028.<\/p>\n<p class=\"tag-border-left\">IN OTHER RENEWABLES NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Acwa Power\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5b4fc5ce-aeba-4be5-b2f5-d30c17764c74\" style=\"\" rel=\"noopener\">recently secured renewables portfolio<\/a><\/strong><strong> in China includes USD 312 mn in <\/strong><strong>solar and wind investments, <\/strong>representing an \u201cinitial batch\u201d of Acwa\u2019s planned investments that will eventually ramp up to a 1 GW portfolio, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/799.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> on Tuesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Acwa\u2019s first partners: <\/strong>The renewables giant will develop a 132 MW solar photovoltaic (PV) portfolio in Guangdong province in partnership with Sungrow Renewables, and a 200 MW wind energy project with turbine manufacturer Mingyang Smart Energy Group, with a combined investment of USD 312 mn. The timeline for the two projects and the allocation of investments were not disclosed.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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\/wind-energy\/\">Wind Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89049\" 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=\"89049\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/masdar-plans-a-5-2-gw-solar-project-with-bess\/\">\r\n                            Masdar plans a 5.2 GW solar project with BESS                        <\/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\/2025\/01\/17\/masdar-plans-a-5-2-gw-solar-project-with-bess\/\" 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\/2025\/01\/17\/masdar-plans-a-5-2-gw-solar-project-with-bess\/')\">\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\/2025\/01\/17\/masdar-plans-a-5-2-gw-solar-project-with-bess\/\">\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=Masdar plans a 5.2 GW solar project with BESS&url=https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/masdar-plans-a-5-2-gw-solar-project-with-bess\/\">\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\/2025\/01\/17\/masdar-plans-a-5-2-gw-solar-project-with-bess\/&title=Masdar plans a 5.2 GW solar project with BESS\">\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=Masdar+plans+a+5.2+GW+solar+project+with+BESS+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F01%2F17%2Fmasdar-plans-a-5-2-gw-solar-project-with-bess%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\/2025\/01\/17\/masdar-plans-a-5-2-gw-solar-project-with-bess\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/697.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89050\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/masdar-plans-a-5-2-gw-solar-project-with-bess\/697-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/697.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"697.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/697.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/697.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89049\" class=\"content-area-description single-story post-89049 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-bess tag-enterpriseclimate tag-ewec tag-masdar tag-solar tag-solar-energy tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.b0592f3f-45c2-4db9-a62a-f952e8cbcfb9.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Masdar tackles an ambitious world record: <\/strong>UAE\u2019s Masdar and Emirates Water and Electricity Company (Ewec) will build a USD 6 bn, 5.2 GW solar project that will be linked to a 19 GWh battery energy storage system (BESS) making it one of the largest of its kind in the world, according to a <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/uae-president-witnesses-launch-of-worlds-first-24-7-solar-pv-battery-storage\" style=\"\" rel=\"noopener\">statement<\/a> on Tuesday. Gemini\u2019s Nevada facility currently has the title of the world\u2019s largest solar energy storage project with 1.4 GWh of storage capacity, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-14\/uae-green-energy-firm-plans-its-first-battery-linked-solar-plant\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the project: <\/strong>The mega project will produce 1 GW of uninterrupted baseload power clean power daily. It covers an area of 90 sq km in the Abu Dhabi desert and will receive financing through both debt and equity. Emirates Water and Electricity Company will also work on the project which is set to be completed by 2027. <\/p>\n<p class=\"tag-border-left\">THAT\u2019S NOT ALL FOR MASDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Emirati renewables player signed two agreements with the Philippines to develop 1 <\/strong><strong>GW <\/strong><strong>of solar, wind, and battery energy storage systems by 2030<\/strong>, marking its entry into the country\u2019s market, according to a <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/masdar-enters-philippines-renewables-market\" style=\"\" rel=\"noopener\">press release<\/a>. The planned developments would support the Philippines' goal for renewables to account for 35% of power generation by 2030 and 50% by 2040.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There is more across the pond: <\/strong>Masdar is also set to ramp up its US operations with a target of 25 GW of renewable capacity in the next five years, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-14\/abu-dhabi-s-masdar-seeks-us-acquisitions-to-hit-green-power-goal\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing Masdar Americas\u2019 CEO Philip Haddad. Masdar plans to accelerate its US-based growth beyond the added pipeline from its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0469862d-39f3-4eaf-bad2-9023d0d166fd\" style=\"\" rel=\"noopener\">recent acquisition<\/a> of Terra-Gen\u2019s current portfolio. The company is also eyeing expansion into Latin America, with Haddad identifying Brazilian wind and solar projects as key acquisition targets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER<\/strong>: The company aims to reach 100 GW of global renewable energy capacity by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">IN OTHER SOLAR UPDATES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>T<\/strong><strong>unisia <\/strong><strong>launches 200 MW <\/strong><strong>solar tenders: <\/strong>Tunisia launched the second round of its push to develop 1.7 GW of solar PV projects under the country\u2019s concession system, offering two projects with 100 MW capacity each, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MinistereIEM\/posts\/pfbid0doZzo9TNJeRsZFSxUvR3CK5mx8chBoUFAJycnuk7JbC2mkiSWgzxuyFa7KWVj2pNl\" style=\"\" rel=\"noopener\">statement<\/a> on Tuesday. Registrations are open till 28 February, after which the interested parties will receive tender documents and subsequent addendums. Final tender submissions are due on 30 April. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong> Tunisia awarded contracts for four photovoltaic projects totaling 500 MW in the first phase of its 1.7 GW tender <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9f519bd9-add9-4ed1-924c-87324081d6b5\/%253cmark%253etunisia%253c%2Fmark%253e-awards-solar-plants-with-a-total-capacity-of-500-mw-!_storyhedweb_!%253cmark%253etunisia%253c%2Fmark%253e-awards-solar-plants-with-a-total-capacity-of-500-mw\" style=\"\" rel=\"noopener\">last month<\/a>. The projects \u2014 expected to be operational by 2027 \u2014 will generate approximately 1 TWh annually, accounting for about 5% of the country\u2019s national electricity production.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/bess\/\">BESS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ewec\/\">Ewec<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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                            <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=\"89051\" 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=\"89051\">\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\">GREEN AMMONIA<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/dp-world-am-green-partner-on-green-fuel-export-logistics\/\">\r\n                            DP World + AM Green partner on green fuel export logistics                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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                  <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1087.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89052\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/dp-world-am-green-partner-on-green-fuel-export-logistics\/1087-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1087.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1087.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1087.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1087.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89051\" class=\"content-area-description single-story post-89051 post type-post status-publish format-standard has-post-thumbnail hentry category-green-ammonia tag-dp-world tag-enterpriseclimate tag-green-ammonia tag-green-methanol 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\/2025\/1\/.311968ac-2ac1-4408-b7dd-3ed2a9beffd5.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP World + AM Green to develop green fuel supply chain:<\/strong> UAE logistics giant DP World has agreed to jointly develop logistics and storage infrastructure with India\u2019s green energy producer AM Green to facilitate the export of 1 mn tons of green ammonia and methanol each annually, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/941.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> released on Tuesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How will they do it? <\/strong>Under the MoU, the two firms will:<\/p>\n<ul>\n<li>Establish port infrastructure across AM Green's Net-Zero Industrial Clusters to facilitate global exports;<\/li>\n<li>Develop bunkering infrastructure in Dubai, India, and Southeast Asia for green ammonia and methanol from AM Green\u2019s plants;<\/li>\n<li>Build terminal infrastructure in the EU, Far East, and the UAE to support a netzero carbon supply chain.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-ammonia\/\">GREEN AMMONIA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-methanol\/\">GREEN METHANOL<\/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=\"89053\" 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=\"89053\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/aldar-raises-aed-9-bn-in-sustainability-linked-credit-facility\/\">\r\n                            Aldar raises AED 9 bn in sustainability-linked credit facility                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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                   <!-- <img decoding=\"async\" src=\"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=Aldar+raises+AED+9+bn+in+sustainability-linked+credit+facility+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F01%2F17%2Faldar-raises-aed-9-bn-in-sustainability-linked-credit-facility%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\/2025\/01\/17\/aldar-raises-aed-9-bn-in-sustainability-linked-credit-facility\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1085.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89054\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/aldar-raises-aed-9-bn-in-sustainability-linked-credit-facility\/1085-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1085.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1085.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1085.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1085.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89053\" class=\"content-area-description single-story post-89053 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-aldar-investment-properties tag-debt-watch tag-enterpriseclimate tag-green-finance tag-green-sukuk tag-sustainability 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\/2025\/1\/.6542047f-8743-49df-8d77-30e414a6a4c6.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>raises AED 9 bn in sustainability-linked credit facility: <\/strong>UAE-based real estate developer Aldar Properties has successfully raised AED 9 bn (USD 2.45 bn) in a sustainability-linked syndicated senior credit facility, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/698.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> released on Monday. The facility \u2014 structured as an unsecured committed multi-tranche revolving credit \u2014 stands as the largest sustainability-linked, syndicated transaction by a real estate company in the Middle East. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The facility \u2014 which is linked to sustainability KPIs \u2014 has a five-year tenor and uses AED and USD currencies in both conventional and Islamic tranches. The facility will also be linked to a floating rate to \u201ccapitalize on conducive market conditions.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Several banks were interested: <\/strong>The syndication attracted orders from 15 local and international banks, including Abu Dhabi Commercial Bank, Ajman Bank, Bank of China, Citi Bank, Dubai Islamic Bank, Emirates Islamic Bank, Emirates NBD Bank, First Abu Dhabi Bank, HSBC, Intesa Sanpaolo, JP Morgan, Mashreq, National Bank of Kuwait, National Bank of Ras Al Khaimah, and Sharjah Islamic Bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">IN OTHER DEBT NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong> <strong>Saudi Arabia\u2019s <\/strong><strong>Al Rajhi Bank<\/strong><strong> has completed a USD 1.5 bn USD-denominated <\/strong><strong>additional tier 1 capital sustainable sukuk issuance<\/strong>, which is part of its shariah-compliant trust certificate issuance program, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=84739&anCat=1&cs=1120&locale=en\" style=\"\" rel=\"noopener\">Tadawul<\/a> filing published on Wednesday. The lender issued some 7.5k sukuk at a par value of USD 200k with a 6.25% yield. The leading Islamic bank had two USD 1 bn issuances last year in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f20a300f-1d96-436d-b13b-8f20933d0d63\/saudi-arabia%25e2%2580%2599s-al-rajhi-raises-usd-1-bn-from-5-year-sustainable-sukuk-sale\" style=\"\" rel=\"noopener\">March<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/02f3f401-61a7-4675-946b-9d4acfa2fbe5\/%253c%253cmark%253e%253c%2Fmark%253emark%253cmark%253e%253c%2Fmark%253e%253e%253cmark%253e%253c%2Fmark%253eal%253cmark%253e%253c%2Fmark%253e%253c%2F%253cmark%253e%253c%2Fmark%253emark%253cmark%253e%253c%2Fmark%253e%253e%253c%253cmark%253e%253c%2Fmark%253emark%253cmark%253e%253c%2Fmark%253e%253e%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253erajhi%253cmark%253e%253c%2Fmark%253e%253c%2F%253cmark%253e%253c%2Fmark%253emark%253cmark%253e%253c%2Fmark%253e%253e%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253ecloses%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eusd%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253e1%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ebn%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esustainable%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esukuk%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eissuance%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">May<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What now?<\/strong> The sukuks \u2014 which have no fixed maturity date with a callable option after five years \u2014 will be listed on the London Stock Exchange's International Securities Market. The settlement of the sukuk issuance is scheduled for 21 January. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> HSBC and Mashreq are <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=84691&anCat=1&cs=1120&locale=en\" style=\"\" rel=\"noopener\">joint lead managers<\/a> and bookrunners on the transaction, along with JPMorgan Securities, Morgan Stanley, Al Rajhi Capital, Citigroup Global, Emirates NBD, Goldman Sachs, Dubai Islamic Bank, Credit Agricole, MUFG Securities EMEA, SMBC Bank International and Standard Chartered Bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>The Climate Investment Funds has raised USD 500 mn in a debut bond that was six <\/strong><strong>times oversubscribed<\/strong><strong>,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.cif.org\/news\/ccmm-issuance\" style=\"\" rel=\"noopener\">press release<\/a> on Tuesday. The 3-year bonds \u2014 the Funds\u2019 first through its <a target=\"_blank\" href=\"https:\/\/www.cif.org\/CCMM\" style=\"\" rel=\"noopener\">Capital Markets Mechanism (CCMM)<\/a> \u2014 were priced at 36.6 bps over the three-year US Treasuries and have a semi-annual yield of 4.84% and a re-offer price of 99.78%. Investors from MENA, Africa, and Europe snapped the lion's share of the issuance at 64%, followed by the Americas at 31%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming: <\/strong>The CIF was reported to be <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0808af5f-513a-4438-8754-852021765c8c\" style=\"\" rel=\"noopener\">lining up<\/a> for its first bond issuance under CCMM\u2019s borrowing program in December, after <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ed6bce60-e73f-4b6b-ab05-b2450e1dbfad\/\" style=\"\" rel=\"noopener\">listing<\/a> its program on the London Stock Exchange in November.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/aldar-investment-properties\/\">Aldar Investment Properties<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-sukuk\/\">Green sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainability\/\">sustainability<\/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=\"89055\" 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=\"89055\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/ksa-italy-agree-to-explore-cooperation-on-green-energy\/\">\r\n                            KSA + Italy agree to explore cooperation on green energy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/ksa-italy-agree-to-explore-cooperation-on-green-energy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/ksa-italy-agree-to-explore-cooperation-on-green-energy\/')\">\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\/2025\/01\/17\/ksa-italy-agree-to-explore-cooperation-on-green-energy\/\">\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=KSA + Italy agree to explore cooperation on green energy&url=https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/ksa-italy-agree-to-explore-cooperation-on-green-energy\/\">\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\/2025\/01\/17\/ksa-italy-agree-to-explore-cooperation-on-green-energy\/&title=KSA + Italy agree to explore cooperation on green energy\">\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=KSA+%2B+Italy+agree+to+explore+cooperation+on+green+energy+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F01%2F17%2Fksa-italy-agree-to-explore-cooperation-on-green-energy%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\/2025\/01\/17\/ksa-italy-agree-to-explore-cooperation-on-green-energy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1091.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89056\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/ksa-italy-agree-to-explore-cooperation-on-green-energy\/1091-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1091.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1091.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1091.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1091.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89055\" class=\"content-area-description single-story post-89055 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-climate-diplomacy tag-enterpriseclimate tag-renewables tag-saudi-arabia 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\/2025\/1\/.43039e80-e636-4119-97a2-feadb7ddfb3b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi + Italian energy ministers inked an MoU to explore avenues for cooperation <\/strong><strong>across the en<\/strong><strong>ergy sectors<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2242977\" style=\"\" rel=\"noopener\">SPA<\/a> reported on Wednesday. The MoU focuses on key green sector areas, including renewable energy, electricity interconnection, energy efficiency, geothermal energy, methane emissions reduction, climate-change mitigation, hydrogen projects, circular economy, carbon capture and storage, and advancing energy storage solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER CLIMATE DIPLOMACY STORIES WORTH KNOWING ABOUT-<\/strong><\/p>\n<ul>\n<li><strong>Oman + Bahrain sign energy MoU: <\/strong>Oman and Bahrain have signed an MoU to jointly develop their electricity and renewable energy sectors through 2030. The terms also entail joint research, knowledge sharing, and private-sector participation. (<a target=\"_blank\" href=\"https:\/\/www.bna.bh\/en\/news?cms=q8FmFJgiscL2fwIzON1%2BDqQekAtEUWsoR0apLzDzRhU%3D\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>UAE + Uruguay to partner on clean energy: <\/strong>The UAE\u2019s Ministry of Energy and Infrastructure and its Uruguayan counterpart have signed an MoU to collaborate on clean and renewable energy through knowledge sharing and organizing workshops. (<a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15d9q8f-uae-uruguay-join-forces-clean-energy-climate\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89057\" 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=\"89057\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/waste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-and-turkey\/\">\r\n                            Waste-to-energy, investments, debt, decarbonization, and EV updates from UAE, KSA, Bahrain, 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\/2025\/01\/17\/waste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-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\/2025\/01\/17\/waste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-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\/2025\/01\/17\/waste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-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=Waste-to-energy, investments, debt, decarbonization, and EV updates from UAE, KSA, Bahrain, and Turkey&url=https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/waste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-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\/2025\/01\/17\/waste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-and-turkey\/&title=Waste-to-energy, investments, debt, decarbonization, and EV updates from UAE, KSA, Bahrain, 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=Waste-to-energy%2C+investments%2C+debt%2C+decarbonization%2C+and+EV+updates+from+UAE%2C+KSA%2C+Bahrain%2C+and+Turkey+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F01%2F17%2Fwaste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-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\/2025\/01\/17\/waste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-and-turkey\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1033.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89058\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/waste-to-energy-investments-debt-decarbonization-and-ev-updates-from-uae-ksa-bahrain-and-turkey\/1033-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1033.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1033.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1033.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1033.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89057\" class=\"content-area-description single-story post-89057 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-adnoc tag-also-on-our-radar tag-bahrain tag-carbon-storage tag-ebrd tag-enterpriseclimate tag-evs tag-jordan tag-neom tag-recycling tag-renewables tag-saudi-arabia tag-solar-energy tag-startups tag-turkey tag-uae tag-waste-management 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\/2025\/1\/.096dda0a-634d-46bb-8ff2-4eee2d018fe8.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">WASTE-TO-HYDROGEN-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Timeline <\/strong><strong>u<\/strong><strong>pdates on <\/strong><strong>MENA\u2019s <\/strong><strong>first waste-to-hydrogen plant:<\/strong> UAE\u2019s <a target=\"_blank\" href=\"https:\/\/www.beeahgroup.com\/\" style=\"\" rel=\"noopener\">Bee\u2019ah<\/a>, partnering with the Energy and Infrastructure Ministry, UK-based Chinook Hydrogen, and Japan\u2019s Air Water, is planning to launch operations of the region\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/22959eb0-2758-4b69-a087-1476eedcaee8\" style=\"\" rel=\"noopener\">first commercial-scale waste-to-hydrogen plant<\/a> in 2Q 2027, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/beeahgroup_uae-hydrogenfromwaste-technologies-activity-7285610675618373632-fIFi?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The plant will initially produce 7 kgs of green hydrogen fuel daily \u2014 about 2.6k tons annually \u2014 with plans to boost the capacity to 20 tons daily later, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bhopb0z-beeah-chinook-hydrogen-set-build-middle-east%E2%80%99s\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Tuesday. No financial details were disclosed for the project. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the facility:<\/strong> The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/583ec15e-b334-4789-a363-b7ce17c5a7a1\" style=\"\" rel=\"noopener\">facility<\/a> \u2014 located in Sharjah\u2019s Al Sajaa \u2014 will turn municipal organic and solid waste into fuel-cell-grade hydrogen using Chinook\u2019s RODECS gasification technology and Air Water\u2019s hydrogen refinement systems. The plant will also divert thousands of tons of waste annually, cutting emissions by 30k tons while producing by-products like biogenic carbon dioxide for alternative fuels and nitrogen for industrial use.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DECARBONIZATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc pilots new tech to capture and utilize its emissions: <\/strong>UAE\u2019s Adnoc Gas, British climate tech company Levidian, and American energy tech firm Baker Hughes have deployed Levidian\u2019s patented carbon capture LOOP technology at Adnoc\u2019s Habshan Gas Processing Plant, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/1134.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The tech captures carbon from methane \u2014 the main component of natural gas \u2014 and converts it into graphene and clean hydrogen. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the project: <\/strong>Adnoc plans to produce over one ton annually of graphene and hydrogen each during the pilot phase, with further plans to scale up to 15 tons per year. It also plans to use the graphene produced for diverse applications, including producing EV batteries, solar panels, and stronger materials like concrete, tires, and polymer pipes. The partnership plans to use AI models and digital twins from the project to optimize graphene production and energy efficiency in future installations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE is a fan: <\/strong>The Gulf country and Levidian signed a memorandum of intent for a potential <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/43e0d712-fc73-4768-93d9-0714897f64c7\/morocco-get-a-eur-84-mn-boost-for-climate-resilience-from-afdb\" style=\"\" rel=\"noopener\">USD 100 mn investment<\/a> in a LOOP tech manufacturing facility. The Abu Dhabi Waste Management Center (Tadweer) is also a fan of Levidian, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a1d0da1c-8b2e-47b8-afbb-de4fb0cb4d39\/alkhorayef-to-develop-and-rehabilitate-four-sewage-treatment-plants\" style=\"\" rel=\"noopener\">exploring its tech<\/a> for various decarbonization ventures. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEBT WATCH-<\/p>\n<p><strong>The European Bank<\/strong><strong> for Reconstruction and Development (EBRD) has greenlit a EUR 25 <\/strong><strong>mn loan<\/strong> to T\u00fcrkiye\u2019s BNP Paribas Finansal Kiralama bank, according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/news\/2025\/ebrd-bnp-paribas-finansal-kiralama-join-forces-for-green-push.html\" style=\"\" rel=\"noopener\">statement<\/a> released last Friday. The loan is aimed at supporting gender-responsive on-lending in Turkey, targeting sub-borrowers with projects in energy efficiency, renewable energy, and climate resilience. The initiative also aims to improve women\u2019s access to climate finance through addressing barriers women face in adopting green technologies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">INVESTMENT WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#1-<\/strong> <strong>GFH <\/strong><strong>invests in Invenergy: <\/strong>Bahrain-based Islamic investment bank <a target=\"_blank\" href=\"https:\/\/gfh.com\/\" style=\"\" rel=\"noopener\">GFH Financial Group<\/a> has invested an undisclosed amount in the US clean energy firm <a target=\"_blank\" href=\"https:\/\/invenergy.com\/\" style=\"\" rel=\"noopener\">Invenergy<\/a> through investment vehicles managed by Blackstone\u2019s infrastructure group, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/603.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a> published last Sunday. Invenergy\u2019s portfolio includes over 200 projects and 33 GW of generating capacity in the Americas, Europe, and Asia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2<\/strong>- <strong><a target=\"_blank\" href=\"https:\/\/catalyst.ae\/\" style=\"\" rel=\"noopener\">Catalyst<\/a><\/strong><strong>, the region\u2019s first sustainability tech startup accelerator, unveiled three direct <\/strong><strong>investments<\/strong> at the World Future Energy Summit, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bhopaoz-catalyst-announces-new-direct-investments-world\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Tuesday. The latest investments target climate-focused startups <a target=\"_blank\" href=\"https:\/\/aed.energy\/\" style=\"\" rel=\"noopener\">AED Energy<\/a>, <a target=\"_blank\" href=\"https:\/\/www.batsand.com\/\" style=\"\" rel=\"noopener\">Batsand<\/a>, and <a target=\"_blank\" href=\"https:\/\/solumar.org\/\" style=\"\" rel=\"noopener\">Solumar<\/a>, offering solutions in energy storage, emissions capture, and waste management. Catalyst also selected 10 startups from Egypt and UAE to join its recently launched tenth accelerator program cohort, set to begin in 1Q 2025 in partnership with Egypt\u2019s Flat6Labs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ELECTRIC VEHICLES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong> <strong>Amman Vision <\/strong><strong>seeks <\/strong><strong>investments in EV charging stations: <\/strong>Jordan\u2019s Amman Vision for Investment and Development \u2014 the investment arm of the Greater Amman Municipality \u2014 has called for investments to establish and operate EV charging stations and the associated service facilities, state news agency <a target=\"_blank\" href=\"https:\/\/www.petra.gov.jo\/Include\/InnerPage.jsp?ID=301669&lang=ar&name=news\" style=\"\" rel=\"noopener\">Petra<\/a> reported last Sunday. Inquiries are accepted until 26 January and proposals are due by 9 February.  <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Dubai\u2019s first flying taxi vertiport gets design approval:<\/strong> The General Civil Aviation Authority (GCAA) has given its approval for the designs for the UAE\u2019s first commercial vertiport for flying taxis, Dubai International Vertiport (DXV), paving the way for operations to begin in 2026, Skyports said in a <a target=\"_blank\" href=\"https:\/\/skyports.net\/skyports-receives-technical-design-approval-from-general-civil-aviation-authority-for-first-commercial-vertiport-in-the-uae\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. DXV, located near Dubai International Airport (DXB), will serve as a hub for the takeoff, landing, and servicing of air taxis, and is the first of four vertiports planned in Dubai to receive design approval.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The 3.1k sqm facility, developed by Skyports Infrastructure in collaboration with Dubai\u2019s Roads and Transport Authority (RTA) and Joby Aviation, will feature electric charging stations and passenger facilities, and is expected to handle 42k landings and 170k passengers annually, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/business\/aviation\/uaes-first-vertiport-for-flying-taxis-named-dxv\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reported last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- UAEV plans 10k EV chargers by 2030:<\/strong> UAE\u2019s state-owned EV charging network UAEV plans to install 500 EV chargers by 2025 and to expand this to 10k chargers by 2030, and 30k by 2050, undersecretary of UAE\u2019s Energy and Infrastructure Ministry and Chairman of UAEV told CNBC Arabia last week (<a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/132773\/2025\/10\/01\/%D9%88%D9%83%D9%8A%D9%84-%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9-%D9%88%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%B4%D8%B1%D9%83%D8%A9-UAEV-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D9%86%D8%AA%D8%B7%D9%84%D8%B9-%D9%84%D8%AA%D8%B1%D9%83%D9%8A%D8%A8-10-%D8%A2%D9%84%D8%A7%D9%81-%D8%B4%D8%A7%D8%AD%D9%86-%D8%A8%D8%AD%D9%84%D9%88%D9%84-2030-%D9%88%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86-30-%D8%A3%D9%84%D9%81-%D8%A8%D8%AD%D9%84%D9%88%D9%84-2050\" style=\"\" rel=\"noopener\">watch, runtime 4:57<\/a>). The UAE is the second highest in the Middle East for EV usage, with EVs accounting for 13% of total car sales in 2023. The UAE has already installed over 100 EV chargers in 2024, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">RECYCLING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait<\/strong><strong> is working on ex<\/strong><strong>panding construction waste recycling capacity:<\/strong> Kuwait\u2019s government has given the green light to the Kuwait Municipality to develop several plants for recycling and processing construction waste with local and foreign private partners, according to a document seen by <a target=\"_blank\" href=\"https:\/\/alqabas.com\/article\/5940649-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%B5%D8%A7%D9%86%D8%B9-%D9%83%D8%A8%D8%B1%D9%89-%D9%84%D8%A5%D8%B9%D8%A7%D8%AF%D8%A9-%D8%AA%D8%AF%D9%88%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%A7%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D8%A5%D9%86%D8%B4%D8%A7%D8%A6%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">Al Qabas<\/a> last week. Currently, Kuwait\u2019s two plants can handle only a total of 4k-5k tons daily, far below the average daily of over 14k+ tons generated daily. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plans are already underway:<\/strong> The Municipality allocated 1.25 mn sqm of land for the projects including a 1 mn sqm area in northern Kuwait for solid waste recycling and a 250k sqm area in southern Kuwait for liquid waste recycling. It also issued a consultancy services tender for feasibility studies on new waste treatment facilities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HYDROGEN-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enowa + HRS to set up hydrogen refueling in Neom: <\/strong>France\u2019s <a target=\"_blank\" href=\"https:\/\/www.hydrogen-refueling-solutions.fr\/en\/\" style=\"\" rel=\"noopener\">Hydrogen Refueling<\/a><a target=\"_blank\" href=\"https:\/\/www.hydrogen-refueling-solutions.fr\/en\/\" style=\"\" rel=\"noopener\">Solutions (HRS)<\/a> and Neom\u2019s energy and water company Enowa have installed their first hydrogen refueling station in Neom, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/584.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a> from last week. The station \u2014 to be housed at <a target=\"_blank\" href=\"https:\/\/petromin.com\/petromin-to-operate-state-of-the-art-heavy-machinery-service-center-in-neom\/\" style=\"\" rel=\"noopener\">Petromin\u2019s Heavy Machinery & Truck Service Center<\/a> \u2014 would service a variety of hydrogen-powered vehicles, including buses, trucks, and passenger cars with tanks operating at different pressure points, mainly 350 and 700 bars. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About HRS: <\/strong>HRS is a leading manufacturer of high-capacity hydrogen refueling stations that operates the industrial process from design to commissioning to maintenance, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/www.hydrogen-refueling-solutions.fr\/en\/hydrogen-refueling-stations\/\" style=\"\" rel=\"noopener\">website<\/a>. The company develops stations that have a hydrogen compression capacity of 14, 40, and 80 kgs per hour, with a targeted compression capacity of 150 kgs per hour by 2026. It also boasts the capacity to assemble up to 180 stations per year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS WEEK-<\/strong><\/p>\n<ul>\n<li><strong>Polat <\/strong><strong>+ Rolls-Royce ink energy storage agreement: <\/strong>Turkey\u2019s Polat Energy signed a supply agreement with Rollys-Royce for a 132 MWh capacity Battery Energy Storage System (BESS). The BESS will be integrated into the <a target=\"_blank\" href=\"https:\/\/polatenerji.com\/en\/capacity-increase-at-goktepe-wind-power-plant\" style=\"\" rel=\"noopener\">Goktepe wind power plant<\/a> located in northwestern Turkey. (<a target=\"_blank\" href=\"https:\/\/www.rolls-royce.com\/media\/press-releases\/2025\/15-01-2025-rr-wins-large-scale-mtu-battery-storage-order-for-wind-farm-in-turkey.aspx\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Misr <\/strong><strong>Beni Suef Cement will build an EGP 298 mn solar plant, <\/strong>in a bid to increase its use of renewables and cut emissions from its industrial activities. The company tapped Chinese tech giant Huawei and solar manufacturer Jinko Solar, as well as the local renewables company <a target=\"_blank\" href=\"https:\/\/irs-c.com\/\" style=\"\" rel=\"noopener\">Integrated Renewable & Sustainable Communities<\/a> for the project. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/840.pdf\" style=\"\" rel=\"noopener\">Disclosure. pdf<\/a>) <\/li>\n<li><strong>EV Tech + GO TO-U partner on EV charging in Oman: <\/strong>Omani Sur International Investment Group subsidiary <a target=\"_blank\" href=\"https:\/\/www.evtechoman.com\/\" style=\"\" rel=\"noopener\">EV Tech Oman<\/a> has partnered with <a target=\"_blank\" href=\"https:\/\/go-tou.com\/en\" style=\"\" rel=\"noopener\">GO TO-U<\/a> to provide smart EV charging in the Sultanate. The partnership will utilize EV Tech\u2019s market knowledge and GO TO-U\u2019s smart chagrin software to expand EV adoption in Oman. (<a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1164584\/business\/cars\/pact-signed-to-revolutionise-ev-charging-in-oman\" style=\"\" rel=\"noopener\">Oman Observer<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/adnoc\/\">ADNOC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a 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<a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-management\/\">waste management<\/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=\"89059\" 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=\"89059\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD THIS WEEK<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/scotus-rejects-oil-giants-bid-to-block-climate-lawsuit\/\">\r\n                            SCOTUS rejects oil giant\u2019s bid to block climate lawsuit                        <\/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\/2025\/01\/17\/scotus-rejects-oil-giants-bid-to-block-climate-lawsuit\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/api.whatsapp.com\/send?text=SCOTUS+rejects+oil+giants%E2%80%99+bid+to+block+climate+lawsuit+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F01%2F17%2Fscotus-rejects-oil-giants-bid-to-block-climate-lawsuit%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\/2025\/01\/17\/scotus-rejects-oil-giants-bid-to-block-climate-lawsuit\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1093.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89060\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/scotus-rejects-oil-giants-bid-to-block-climate-lawsuit\/1093-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1093.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1093.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1093.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1093.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89059\" class=\"content-area-description single-story post-89059 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world-this-week tag-around-the-world-this-week tag-carbon-markets tag-china tag-enterpriseclimate tag-exxon tag-green-finance 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\/2025\/1\/.6adcc1e0-29e6-4b06-ac7e-a021c1bf40c4.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SCOTUS<\/strong> <strong>declines to hear oil major\u2019s climate case appeal:<\/strong> The US Supreme Court (SCOTUS) rejected an appeal by oil giants, including Sunoco, ExxonMobil, BP, and Chevron, seeking to dismiss a climate lawsuit by Honolulu, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/us-supreme-court-rejects-bid-by-oil-companiesshell-toss-honolulus-climate-suit-2025-01-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Monday. The decision upholds the Hawaii Supreme Court ruling to allow the 2020 lawsuit to proceed in the state courts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The case: <\/strong>The city accuses the companies of knowingly misleading the public about the environmental dangers of their fossil fuel products. It also argues that heatwaves have strained its electrical grid and that rising sea levels will require retrofitting critical infrastructure like wastewater treatment plants at high costs. However, oil companies made a technical argument that the lawsuits overstep state jurisdiction, with such issues falling under federal purview. They also accused local officials of threatening energy security. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Germany\u2019s <\/strong><strong>AfD takes a page out of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/560b3ed6-bf13-4ae7-ae20-6cbf170302d1\/top-stories:-korea%25e2%2580%2599s-lupro-heads-to-oman-for-green-ammonia-exports-%2B-amea-lands-two-bess-projects-in-africa\" style=\"\" rel=\"noopener\">Trump\u2019s book<\/a><\/strong><strong>, vows to take down wind turbines: <\/strong>Germany\u2019s far-right Alternative f\u00fcr Deutschland (AfD) party \u2014 now second in German polls ahead of 23 February elections \u2014 would \u201ctear down all wind turbines,\u201d should it come into power, Chairwoman Alice Weidel said at a party convention, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-13\/german-far-right-aligns-with-trump-on-takedown-of-wind-energy\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Monday. Weidel later tried to backtrack on her comments, but AfD\u2019s official election platform still outrightly \u201crejects the further expansion of wind energy\u201d and calls for slashes in renewable subsidies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China\u2019s Zijin<\/strong><strong> Mining Group is eyeing shares in Chinese Zangge Mining<\/strong>,<strong> potentially <\/strong><strong>leading to a takeover, <\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-10\/zijin-mining-in-talks-to-buy-6-billion-china-lithium-producer?srnd=phx-green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing a Hong Kong Exchange <a target=\"_blank\" href=\"https:\/\/www1.hkexnews.hk\/search\/titlesearch.xhtml?lang=zh\" style=\"\" rel=\"noopener\">announcement<\/a>. Zangge \u2013 mainly a potash producer \u2013 is valued at USD 6.4 bn with one-third of its revenues coming from lithium extracted from salt lakes in Qinghai. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Zijin has global lithium ambitions: <\/strong>Zijin \u2014 a major global producer of Copper and Gold \u2014 wants to become a global Lithium powerhouse and has aggressively pursued acquisitions over the last decade. The company\u2019s most recent high-profile global takeover \u2014 the Monano Project in the Democratic Republic of the Congo \u2014 is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9cbab41e-68bc-42db-8f3f-b9dc8c42627c\/lots-of-us-news-and-northvolt-bankruptcy-plays-in-overtime\" style=\"\" rel=\"noopener\">planned to begin operations<\/a> in 1Q 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS WEEK-<\/strong><\/p>\n<ul>\n<li><strong>Amazon puts <\/strong><strong>in biggest<\/strong><strong> UK electric truck order: <\/strong>Amazon has purchased over 140 electric Mercedes-Benz heavy goods vehicles (HGVs) and eight Volvo lorries \u2014 to be deployed over the next 18 months. Amazon\u2019s order was partly funded by its <a target=\"_blank\" href=\"https:\/\/www.aboutamazon.eu\/news\/sustainability\/how-amazon-is-making-deliveries-more-sustainable-throughout-the-uk\" style=\"\" rel=\"noopener\">GBP 300 mn investment<\/a> announced in 2022 for green transport in the UK. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/technology\/2025\/jan\/14\/amazon-uk-electric-trucks-carbon-emissions-train\" style=\"\" rel=\"noopener\">The Guardian<\/a>)<\/li>\n<li><strong>China\u2019s largest off-shore solar hydrogen farm is operating now:<\/strong> China\u2019s kicked off operations at its Rudong 400 MW off-shore photovoltaic-hydrogen energy storage in Jiangsu. Once fully operating this year, it will generate 468 GWh annually, which will cut 309k tonnes of CO2 emissions. (<a target=\"_blank\" href=\"https:\/\/www.globaltimes.cn\/page\/202501\/1326269.shtml\" style=\"\" rel=\"noopener\">Global Times<\/a>)<\/li>\n<li><strong>China launches energy-efficient carbon fiber train: <\/strong>China\u2019s Shandong Province launched on Saturday a new carbon fiber metro train that reduces energy consumption by 7%. The train\u2019s car body and bogie framed weight are also reduced by 25% and 50%, respectively, making it 11% lighter than traditional trains. (<a target=\"_blank\" href=\"https:\/\/english.www.gov.cn\/news\/202501\/11\/content_WS6782415fc6d0868f4e8eebda.html\" style=\"\" rel=\"noopener\">Press Release<\/a>) <\/li>\n<li><strong>Google to buy carbon credits from India\u2019s Varaha: <\/strong>Google has signed an agreement to purchase 100k tons of carbon credits from the Indian carbon sequestration company <a target=\"_blank\" href=\"https:\/\/www.varaha.earth\/\" style=\"\" rel=\"noopener\">Varaha<\/a> by 2030. The credits will come from an initiative that converts agricultural waste into biochar, a form of charcoal that sequesters CO2 for hundreds of years and returns it to the soil. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/google-signs-deal-buy-carbon-removal-credits-indian-farms-2025-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world-this-week\/\">AROUND THE WORLD THIS WEEK<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/exxon\/\">Exxon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89061\" 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=\"89061\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/china-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space\/\">\r\n                            China is the latest country in a race to harness solar energy from space                        <\/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\/2025\/01\/17\/china-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space\/\" 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\/2025\/01\/17\/china-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space\/')\">\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\/2025\/01\/17\/china-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space\/\">\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=China is the latest country in a race to harness solar energy from space&url=https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/china-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space\/\">\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\/2025\/01\/17\/china-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space\/&title=China is the latest country in a race to harness solar energy from space\">\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=China+is+the+latest+country+in+a+race+to+harness+solar+energy+from+space+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F01%2F17%2Fchina-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space%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\/2025\/01\/17\/china-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2062.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89062\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/china-is-the-latest-country-in-a-race-to-harness-solar-energy-from-space\/2062-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2062.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2062.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2062.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2062.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89061\" class=\"content-area-description single-story post-89061 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-china tag-climate-in-the-news tag-enterpriseclimate 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\/2025\/1\/.5cd1fca4-240e-4392-a073-c9d0d9531c14.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>China is joining <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bcd35238-4e77-48fc-b88a-0a41bd562ee5\" style=\"\" rel=\"noopener\">the race to harness solar power from space<\/a><\/strong><strong> using heavy rockets,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.scmp.com\/news\/china\/science\/article\/3294091\/china-plans-build-three-gorges-dam-space-harness-solar-power\" style=\"\" rel=\"noopener\">CNBC<\/a> reported last week. Senior rocket scientist and project lead Long Lehao envisions \u201cinstalling a solar array 1km wide along the 36k km geostationary orbit,\u201d taking inspiration from the Three Gorges Dam on the Yangtze River, to tap in solar power that doesn\u2019t depend on weather conditions, seasons, or time of day. The \u201cManhattan Project\u201d of the energy sector joins California-based startup Aetherflux and UK-based startup Space Solar who are working on similar projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But first, there are kinks to iron out: <\/strong>Long\u2019s team is working on the Long March-9 (CZ-9) \u2014 a reusable heavy-lift rocket \u2013 which is needed for the project to work. The rocket would have <a target=\"_blank\" href=\"https:\/\/interestingengineering.com\/energy\/china-plans-masssive-space-solar-station\" style=\"\" rel=\"noopener\">a capacity of over 150 tons to orbit<\/a>, making it stronger than most NASA rockets. Researchers would also have to figure out a way for the systems to assemble and maintain large systems in orbit, operate autonomously, and efficiently power-beam what is harvested back to Earth, according to <a target=\"_blank\" href=\"https:\/\/www.nasa.gov\/directorates\/stmd\/space-based-solar-power-report\/\" style=\"\" rel=\"noopener\">NASA<\/a>. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"89063\" 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=\"89063\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/us-japan-and-china-make-strides-in-ev-battery-research\/\">\r\n                            US, Japan, and China make strides in EV battery research                        <\/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\/2025\/01\/17\/us-japan-and-china-make-strides-in-ev-battery-research\/\" 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\/2025\/01\/17\/us-japan-and-china-make-strides-in-ev-battery-research\/')\">\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\/2025\/01\/17\/us-japan-and-china-make-strides-in-ev-battery-research\/\">\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=US, Japan, and China make strides in EV battery research&url=https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/us-japan-and-china-make-strides-in-ev-battery-research\/\">\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\/2025\/01\/17\/us-japan-and-china-make-strides-in-ev-battery-research\/&title=US, Japan, and China make strides in EV battery research\">\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=US%2C+Japan%2C+and+China+make+strides+in+EV+battery+research+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F01%2F17%2Fus-japan-and-china-make-strides-in-ev-battery-research%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\/2025\/01\/17\/us-japan-and-china-make-strides-in-ev-battery-research\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1077.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89064\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/us-japan-and-china-make-strides-in-ev-battery-research\/1077-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1077.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1077.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1077.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1077.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89063\" class=\"content-area-description single-story post-89063 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-china tag-enterpriseclimate tag-evs tag-on-your-way-out wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.33ceb497-4b8c-4cb8-8f22-3a4106cc9c68.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Microvast makes solid-state battery breakthrough: <\/strong>US battery tech firm Microvast has made progress with the development of its True All-Solid-State Battery (ASSB) tech which it says will allow for longer driving ranges, faster charging times, and more EV safety, according to a <a target=\"_blank\" href=\"https:\/\/ir.microvast.com\/news-releases\/news-release-details\/microvast-announces-breakthrough-true-all-solid-state-battery\" style=\"\" rel=\"noopener\">press release<\/a> published last week. The new tech is reportedly ideal for use in data center backup power systems, electric school buses, and advanced robotics. Unlike traditional lithium-ion batteries, ASSB tech does not rely on electrolytes, which allows for higher voltages \u2014 at least dozens of volts rather than 3.2V to 3.7V per cell \u2014 and a simplified structure. Microvast is now working to reach the pilot production study phase for its technology. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Japan is making strides of its own: <\/strong>A Japanese research team from Doshisha and TDK Corporation is working on a non-flammable quasi-solid-state lithium-ion battery, according to a <a target=\"_blank\" href=\"https:\/\/www.eurekalert.org\/news-releases\/1070066\" style=\"\" rel=\"noopener\">statement<\/a> on Monday. The team argues that their design is a safer alternative to all-solid-state batteries, like the one Microvast is working on, by combining liquid and solid electrolytes. ASSB can improve safety but struggles with lithium-ion transfer and interface wear and tear which are problems the team hopes to address. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China\u2019s not being left behind: <\/strong>Another research team from the South China University of Technology has built a solid electrolyte interphase on the surface of lithium metal anodes, according to findings published in <a target=\"_blank\" href=\"https:\/\/www.nature.com\/articles\/s41586-024-08294-z\" style=\"\" rel=\"noopener\">Nature<\/a>. The interphase allows for higher electronic insulation, ionic conductivity, and chemical stability. The team hopes the technology can improve next-generation high-performance lithium batteries. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89065\" 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\/2025\/01\/17\/89065\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89065\" class=\"content-area-description single-story post-89065 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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>18-19 January (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/libyasummit.com\/\" style=\"\">Libya Energy & Economic Summit<\/a><\/span><span style=\"font-weight:400;\">, Tripoli, Libya. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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;\">, Manama, Bahrain.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>11-13 February (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aue-sa.com\/en\/\" style=\"\">General Conference of the Arab Union of Electricity<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>17-19 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypes.com\/\" style=\"\">Egypt Energy Show<\/a><\/span><span>, Cairo, Egypt. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>7-9 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.middleeast-energy.com\/en\/home.html\" style=\"\">Middle East Energy<\/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 April (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/solarexistanbul.com\/en\/\" style=\"\">SolarEX Istanbul<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-15 April (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.karbonzirvesi.com\/\" style=\"\">Istanbul Carbon Summit<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/5th-edition-international-conference-functional-cofmer-ahmed-rhallabi-qofee\/\" style=\"\">International Conference on Functional Materials and Renewable Energies (COFMER)<\/a><\/span><span style=\"font-weight:400;\">, Tangier, Morocco. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>21-23 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabi.evinnovationsummit.com\/\" style=\"\">Electric Vehicle Innovation Summit (EVIS)<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>7-9 May (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.irenec.org\/eng\/\" style=\"\">International Renewable Energy Conference (IRENEC)<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>17-20 June (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/17936683-tunis-to-host\" style=\"\">Mediterranean Water, Irrigation and Photovoltaic Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Tunisia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-21 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/retrofittechksa.com\/\" style=\"\">Sustainable Buildings and RetrofitTech Saudi Summit<\/a><\/span><span>, Riyadh, KSA<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25-26 November (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.retrofittechbahrain.com\/\" style=\"\">Sustainable Buildings and RetrofitTech Bahrain Summit<\/a><\/span><span style=\"font-weight:400;\">, Manama, Bahrain.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">2024 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2030 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2035 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2045 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2050<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2060 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>Nigeria aims to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/today-welcome-to-enterprise-climate-the-essential-daily-covering-climate-change-in-the-middle-east-and-africa-business-finance-investment-79432\/\" style=\"\">achieve its net-zero<\/a><\/span><span> emissions target.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>ALJ-backed Rivian finalizes USD 6.6 bn loan | All the mining updates from KSA\u2019s Future Minerals Forum | The UAE backs a new EU interconnection project<\/p>\n","protected":false},"featured_media":89039,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-89038","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a59e320b-be9c-46d4-8edb-a81a0fbd0789","teaser":"ALJ-backed Rivian finalizes USD 6.6 bn loan | All the mining updates from KSA\u2019s Future Minerals Forum | The UAE backs a new EU interconnection project","photo_url":"https:\/\/ent.news\/2024\/1\/1100.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\/ 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