{"id":89276,"date":"2025-02-21T00:00:00","date_gmt":"2025-02-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=89276"},"modified":"2025-12-15T12:09:53","modified_gmt":"2025-12-15T12:09:53","slug":"saudis-maaden-acquires-20-6-of-bahrains-alba","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/saudis-maaden-acquires-20-6-of-bahrains-alba\/","title":{"rendered":"Saudi\u2019s Ma\u2019aden acquires 20.6% of Bahrain\u2019s Alba"},"content":{"rendered":"<section id=\"89278\" 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=\"89278\">\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\/02\/21\/top-stories-maaden-secures-alba-shares-a-flurry-of-agreements-from-egypt\/\">\r\n                            TOP STORIES: Ma\u2019aden secures Alba shares + A flurry of agreements from Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/top-stories-maaden-secures-alba-shares-a-flurry-of-agreements-from-egypt\/\" 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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We have a heap of renewables, decarbonization, and green finance updates to dive into from across the region. But first, the latest on Trump\u2019s bid to take over Ukraine\u2019s minerals\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>Ukraine shuns Trump\u2019s bid for its minerals <\/strong><strong>wealth: <\/strong>Ukraine has turned down the US\u2019 bid to take over 50% of the war-torn country\u2019s rare earths and critical minerals and is reportedly working on a counterproposal that will provide the US some access but in exchange for stronger security guarantees, unnamed Ukrainian officials have told several media outlets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What Ukrainian officials are saying: <\/strong>In addition to concerns about future security guarantees, Ukraine also believes the offer is expensive and wants European investors involved as a guarantee. One Ukrainian advisor to the President warned the Trump proposal could hand US firms control over Ukraine\u2019s resource development for decades without guarantees of investment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But the US thinks the offer is fair: <\/strong>Trump has said that the minerals wealth takeover would be a form of payback for the USD bns of aid the US has provided to Ukraine. \u201cBinding economic ties with the United States will be the best guarantee against future aggression,\u201d one US official said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Ukraine is not known to have major reserves of rare earth critical minerals, but it maintains that its deposits of minerals like uranium, titanium, lithium, and graphite could be worth USD tns, with its Economy ministry claiming the country holds 22 of the 34 minerals deemed critical by the EU. Russia, however, occupies about 33% of its alleged rare earths.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:<\/strong> <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/ukraine-us-zelenskyy-agreement-trump-minerals-4d5eefcc44c9f17f330db98d81720b29\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/zelenskiy-says-us-minerals-proposal-needs-work-turkish-media-report-2025-02-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/politics\/2025\/02\/15\/ukraine-rejects-trump-administration-request-half-its-mineral-wealth\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> <strong> | <\/strong><a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/02\/15\/world\/europe\/ukraine-minerals-us-deal-rejected.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b08b7258-7ae0-4bae-9499-e6d3183d5894\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nbcnews.com\/politics\/politics-news\/zelenskyy-tells-aides-reject-trump-pitch-ukraine-mineral-reserves-rcna192426\" style=\"\" rel=\"noopener\">NBC<\/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\">HAPPENING NEXT WEEK-<\/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.connectinghydrogenmena.com\/\" style=\"\" rel=\"noopener\">Connecting Hydrogen MENA<\/a><\/strong><strong> will kick off<\/strong><strong> on Monday, 24 February and run through <\/strong><strong>Wednesday, 26 February in Dubai.<\/strong> The event 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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/omanclimateweek.com\/\" style=\"\" rel=\"noopener\">Oman Climate Week<\/a><\/strong><strong> kicks off on Monday, 24 February and runs until Thursday, 27 <\/strong><strong>February <\/strong>in Muscat. The event will center around the steps Oman needs to take to meet its climate goals with over 5k delegates from more than 50 countries expected to attend and access to over 100 speakers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.carboncapturemena.com\/\" style=\"\" rel=\"noopener\">Carbon Capture MENA Summit<\/a><\/strong><strong> opens on Tuesday, 25 February and wraps up on <\/strong><strong>Wednesday, 26 February <\/strong>in Dubai. The summit aims to support expansion in the carbon capture, utilization, and storage market by gathering policymakers, industry leaders, energy utilities, and investors. <\/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><\/strong><strong><a id=\"wwtt1\"><\/a>#1<\/strong><strong>-<\/strong> <strong>UAE<\/strong><strong> is considering investing up to USD 10 bn in over 10 GW of renewable energy <\/strong><strong>projects in Indonesia<\/strong>, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/71367\/%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A8%D9%85%D8%B4%D8%A7%D8%B1%D9%8A%D8%B9-%D8%B7%D8%A7%D9%82%D8%A9-%D9%85%D8%AA%D8%AC%D8%AF%D8%AF%D8%A9-%D9%81%D9%8A-%D8%A5%D9%86%D8%AF%D9%88%D9%86%D9%8A%D8%B3%D9%8A%D8%A7\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reported on Thursday, citing comments by Indonesian National Economic Council Chairman Hut Pangaitan at a Bloomberg event. The investment could be channeled through Indonesia\u2019s new investment fund, Dhanantara, which oversees infrastructure projects and can form JVs with foreign firms, Pangaitan said after meeting with the UAE\u2019s Energy and Infrastructure Minister Suhail Al Mazrouei. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong><a target=\"_blank\" href=\"https:\/\/www.ega.ae\/\" style=\"\" rel=\"noopener\">Emirates Global Aluminium<\/a> (EGA) is planning to explore alternative clean energy developments in Indonesia, the country\u2019s Economic Affairs Ministry said in a <a target=\"_blank\" href=\"https:\/\/ekon.go.id\/publikasi\/detail\/6191\/menko-airlangga-dan-ceo-emirate-global-aluminium-ega-diskusikan-realisasi-kerja-sama-aluminium-di-indonesia\" style=\"\" rel=\"noopener\">statement<\/a> released last weekend.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Last week, EGA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e721aed4-9391-4a06-8fa9-8e504ac8ee7f\/this-morning:-adnoc-gas-formalizes-lng-agreement-with-indian-oil-%2B-ega-eyes-more-us-acquisition-following-us-tariffs\" style=\"\" rel=\"noopener\">denied reports<\/a> that it plans to build a 5 GW nuclear plant in North Sumatra to enhance aluminum smelting capacity, confirming instead that it is interested in exploring other clean energy developments in Indonesia. <\/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>Kuwait <\/strong><strong>lines up K<\/strong><strong>WD 1 bn in renewables projects:<\/strong> Kuwait has lined up a pipeline of renewable energy projects worth about KWD 1 bn (c.USD 3.2 bn), with implementation planned over the next three years, <a target=\"_blank\" href=\"https:\/\/www.arabtimesonline.com\/news\/kuwait-to-invest-1-billion-dinars-in-renewable-energy-development\/\" style=\"\" rel=\"noopener\">Arab Times<\/a> reported on Wednesday, citing the electricity, water, and renewables minister. Key projects include the Shagaya Renewable Energy Complex\u2019s third and fourth phases with a 3 GW capacity and a 2.7 GW project in partnership with the Public Authority for Partnership Projects. Kuwait aims to boost renewables to 30% of its energy mix within four years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Kuwait\u2019s Investment Authority proposed a JV with China to develop the third & fourth phases of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a2891396-72c4-440b-9d87-65bf64214072\/\" style=\"\" rel=\"noopener\">Shagaya solar plant<\/a> back in November. Under the proposal, Kuwait and China would each hold 42.5% ownership, with the remaining 15% going to a Kuwaiti firm. The JV would handle financing \u2014 structured as 20% equity and 80% debt \u2014 alongside construction, operation, and maintenance, backed by a long-term power purchase agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Saudi is planning mining complexes in Madinah and Eastern Province:<\/strong> Three sites in Madinah and the Eastern Province were designated for mining complexes, the Industry and Mineral Resources Ministry said in <a target=\"_blank\" href=\"https:\/\/x.com\/mimgov\/status\/1891830840394383409\" style=\"\" rel=\"noopener\">a post on X<\/a> published on Tuesday. The allocated sites include a 108.3 sq km area southeast of Madinah, and two sites spanning 4.8 sq km and 4.3 sq km in Khafji.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Saudi Arabia has big mining plans:<\/strong> The ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e4523a85-b9f5-49cc-8172-6b8e2ff21573\/saudi-launches-incentive-program-for-mining-critical-minerals\" style=\"\" rel=\"noopener\">launched a SAR 685 mn<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e4523a85-b9f5-49cc-8172-6b8e2ff21573\/saudi-launches-incentive-program-for-mining-critical-minerals\" style=\"\" rel=\"noopener\">incentive package<\/a> last year as part of efforts to expand the sector and tap reserves of gold and phosphate, among others. The goal is to attract local and foreign mining investors amid the Kingdom\u2019s push to become a global hub for metals critical for energy transition and become an EV manufacturing hub. The nation\u2019s untapped mineral resources are worth c. USD 2.5 tn, or 90% more than the last forecast in 2016.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Chinese ride-hailing app operator DiDi is <\/strong><strong>mulling funneling co-investments into Egypt\u2019s EV manufacturing sector with other companies and government entities<\/strong>, DiDi\u2019s General Manager for Egypt, New Zealand, and Australia Lida Xu told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/02\/18\/-%D8%AF%D9%8A%D8%AF%D9%8A-%D8%A7%D9%84%D8%B5%D9%8A%D9%86%D9%8A%D8%A9-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%86%D8%AF%D8%B1%D8%B3-%D8%A7%D9%84%D9%85%D8%B3%D8%A7%D9%87%D9%85%D8%A9-%D9%81%D9%8A-%D8%AA%D8%AF%D8%B4%D9%8A%D9%86-%D9%85%D8%B5%D9%86%D8%B9-%D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A%D8%A9-%D8%A8%D9%85%D8%B5%D8%B1\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. The company hopes that such investments would ultimately help integrate EVs into its Egypt fleet as it did in partnership with BYD in Mexico, but this move would ultimately hinge on the government\u2019s policy support and infrastructure development, Xu said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Iraq <\/strong><strong>plans to double its electricity imports from Turkey to 600 MW<\/strong>, according to a statement picked up by the <a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/38376-iraq-turkey-discuss-doubling-energy-imports-to-600-mw.html\" style=\"\" rel=\"noopener\">Iraqi News Agency<\/a> on Monday. Representatives from the two countries met on Monday to discuss ways to speed up efforts to achieve this and refurbish the Jezreh-Kesk transmission to accommodate the increased energy supply. Turkey and Iraq had signed an MoU to jointly set up energy production projects, power stations, and transmission lines. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Iraq began operating a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f992e781-8b40-4634-838d-ed563f37d216\" style=\"\" rel=\"noopener\">300 MW, 115 km electricity line<\/a> with Turkey last year as part of its efforts to diversify its energy mix and import energy from renewables. The link \u2014 inaugurated at the Al Kesk station west of Mosul \u2014 supplies the northern provinces of Nineveh, Salahuddin, and Kirkuk.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- Bahrain is gearing up to offer a new tender for a 130 MW solar project near Al Jazair Beach in partnership with the private sector, <\/strong>Bahraini news outlet <a target=\"_blank\" href=\"https:\/\/www.albiladpress.com\/news\/2025\/5970\/bahrain\/902631.html\" style=\"\" rel=\"noopener\">AlBilad<\/a> reported on Sunday, citing the Electricity and Water Affairs Ministry. The move is part of the nation\u2019s efforts to increase its renewable power capacity to 300 MW within three years. It is worth mentioning that Bahrain is currently developing an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/de85501c-7d60-4090-8cf6-93d25335513c\" style=\"\" rel=\"noopener\">additional 100 MW expansion<\/a> at Al-Dur renewable energy plant. <\/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- <\/strong><strong>The<\/strong> <strong>world\u2019s first exchange-traded fund (ETF) for <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ad309efd-393e-4bba-afd1-12d7d5fa8e56\" style=\"\" rel=\"noopener\">catastrophe (cat) bonds<\/a><\/strong><strong> is set to <\/strong><strong>debut on the New York Stock Exchange next month<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-17\/ex-pimco-executive-readies-world-s-first-catastrophe-bond-etf?srnd=phx-green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Tuesday. The fund \u2014 managed by King Ridge Capital Advisors and overseen by Texas-based Brookmont Capital Management \u2014 will track a portfolio of up to 75 cat bonds out of the 250 currently outstanding. King Ridge and Brookmont are still finalizing launch partners and aim to raise USD 10-25 mn in seed capital. The fund will cover risks from US hurricanes and earthquakes to Japan\u2019s typhoons and European windstorms.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cat bonds are on the rise:<\/strong> The Swiss Re Global Cat Bond Index climbed 17% in 2024 after a record 20% gain in 2023, far exceeding the 8% and 13% for high-yield US corporate bond index in the same years, Bloomberg added. Investors have largely avoided major losses despite recent natural disasters, including Hurricanes Helene and Milton and the LA wildfires. The global market, dominated by US issuances, is valued at around <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/267de727-12b8-4904-b553-f1f9917747c0\/\" style=\"\" rel=\"noopener\">USD 50 bn<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Claims that cat bonds are \u201c <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6086dc3e-c656-4b5f-8992-96847c068580\/\" style=\"\" rel=\"noopener\">unfairly benefiting investors at the expense of certain issuers<\/a> \u201d surfaced last August after Jamaica\u2019s cat bond was not paid out despite <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/478d82a4-af04-4c7b-a055-4944618300fc\/\" style=\"\" rel=\"noopener\">Hurricane Beryl\u2019s<\/a> devastating impacts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- What are cat bonds?<\/strong> Cat bonds are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ad309efd-393e-4bba-afd1-12d7d5fa8e56\" style=\"\" rel=\"noopener\">high-yield debt instruments<\/a> designed to help ins. companies raise money in the event of a natural disaster. They are also frequently used to mitigate the effects of climate change \u2014 which can exacerbate and increase the frequency of some natural disasters \u2014 by transferring a specified set of risks from a sponsor, typically an ins. company to investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#2- IMO\u2019s climate levy faces resistance from major economies:<\/strong> KSA, China, Brazil, South Africa, and eight other countries have formally opposed a proposed global levy on shipping emissions, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/1706.pdf\" style=\"\" rel=\"noopener\">submission (pdf)<\/a> to the United Nations\u2019 International Maritime Organization (IMO) on 31 January. The countries argued that the levy \u2014 basically a greenhouse gas (GHG) tax pricing mechanism \u2014 could harm developing nations\u2019 exports, drive up food prices, and deepen global inequalities, <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/feb\/17\/brazil-asks-un-to-ditch-proposed-levy-on-global-shipping\" style=\"\" rel=\"noopener\">The Guardian<\/a> reported on Monday. They also claimed that the tax is unnecessary for meeting the IMO\u2019s GHG reduction targets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The proposed levy on GHG emissions has been on the agenda of the 18th IMO meeting, which is set to wrap today. Another round of talks in March is expected before a final decision is taken in April. If adopted, the levy is expected to enter into action globally in early 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some are on board:<\/strong> At least 46 countries \u2014 representing around two-thirds of the global shipping fleet \u2014 support the levy, viewing it as a critical tool to raise USD bns annually for climate adaptation in vulnerable regions. Countries including Greece, Japan, South Korea, the UK, the European Commission, and the International Chamber of Shipping, have proposed tax rates ranging from <a target=\"_blank\" href=\"https:\/\/www.ics-shipping.org\/wp-content\/uploads\/2025\/01\/ISWG-GHG-18_2_5-Consolidation-of-the-proposals-for-an-economic-element-of-the-mid-term-measures-based-on-a-GHG-levy_contribution-as-at-9-Jan.pdf\" style=\"\" rel=\"noopener\">USD 18 to USD 150 per tonne of GHG emissions<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Key disputes:<\/strong> Some industry players argue that the funds should be directed toward helping shipping companies transition to lower-carbon fuels and vessels. However, many developing nations strongly oppose this, insisting that the proceeds should qualify as climate finance to support their emission reduction and adaptation efforts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE SCORECARD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The global ESG sukuk market surpassed USD 50 bn in 2024<\/strong>, with Saudi Arabia, Malaysia, and Indonesia accounting for 67% of the total, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/banking-and-insurance\/esg-sukuk-market-surpasses-50bln-propelled-by-gcc-bank-issuance-tubpb5ah\" style=\"\" rel=\"noopener\">Zawya<\/a> reported, citing data from the London Stock Exchange Group (LSEG). ESG sukuk issuances grew 14.5% y-o-y to USD 15.2 bn last year, accounting for 1.8% of total ESG bonds and 6.2% of total sukuk issuances. Sustainability sukuk nearly doubled during the year, comprising 69% of all ESG sukuk.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Financial institutions issued 55% of ESG sukuk in 2024, with 93% coming from <\/strong><strong>GCC-based banks.<\/strong> Saudi banks snapped four places among the top 10 issuers of ESG Sukuk in 2024, including Rajhi Bank (USD 2.26 bn), Saudi National Bank (USD 850 mn), Saudi Investment Bank (USD 750 mn), and Riyadh Bank (USD 750 mn).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- UAE\u2019s Emsteel is now targeting greenhouse emissions reductions of 40% and 30%<\/strong><strong> for its steel and cement units, <\/strong>respectively, by 2030, from a 2019 baseline, according to a <a target=\"_blank\" href=\"https:\/\/www.emsteel.com\/press\/emsteel-announces-comprehensive-decarbonization-strategy-aligned-with-the-uaes-net-zero-by-2050-strategic-initiative\/\" style=\"\" rel=\"noopener\">press release<\/a> from Monday. The new targets are part of the company\u2019s new decarbonization strategy that aims to improve energy efficiency, optimize its technologies, incorporate the use of alternative fuels and raw materials in its production processes, as well as fully transition to renewables-powered production by 2030. The strategy aligns with the goal of reaching net zero emissions by 2050. <\/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\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA\u2019s <\/strong><strong>Northern Borders province is estimated to hold over SAR 4.7 tn in mineral <\/strong><strong>reserves<\/strong>, the Saudi Mineral and Natural Resources Ministry <a target=\"_blank\" href=\"https:\/\/x.com\/mimgov\/status\/1890812210236244479\" style=\"\" rel=\"noopener\">posted on X<\/a>. The ministry already issued 29 mining licenses for operations in five ore phosphate mining sites.<\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The US will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/financing.desa.un.org\/2025-dcf\" style=\"\" rel=\"noopener\">UN Development Cooperation Forum<\/a><\/strong><strong> from Wednesday, 12 March until <\/strong><strong>Thursday, 13 March <\/strong>in New York. The event aims to act as a hub for global dialogue on furthering the sustainable development goals between government officials, industry leaders, NGOs, private sector entities, multilateral development banks, and other financial institutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.middleeast-energy.com\/en\/home.html\" style=\"\" rel=\"noopener\">Middle East Energy<\/a><\/strong><strong> conference from Monday, 7 April until <\/strong><strong>Wednesday, 9 April <\/strong>in Dubai. The event will target 6 product sectors, including smart solutions, transmissions and distribution, renewable and clean energy, critical and backup power, energy consumption and management, and battery and eMobility. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.energy-box.com\/agenda-of-mena\" style=\"\" rel=\"noopener\">Solar Energy Storage Future MENA<\/a><\/strong><strong> conference on Tuesday, 8 April<\/strong> in Dubai<strong>. <\/strong>The conference aims to empower solar energy and storage in the MENA region to align with net zero goals. Planned events include a panel on navigating competitive markets and financing energy efficiency upgrades. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/capital-markets\/\">CAPITAL MARKETS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/carbon-offsetting\/\">carbon offsetting<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/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-mobility\/\">green mobility<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/kuwait\/\">Kuwait<\/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\/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\/the-week-in-review\/\">THE WEEK IN REVIEW<\/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=\"89280\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89281\" 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=\"89281\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/maaden-purchases-20-6-alba-stake\/\">\r\n                            Ma\u2019aden purchases 20.6% Alba stake                        <\/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\/02\/21\/maaden-purchases-20-6-alba-stake\/\" target=\"_blank\">\n    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data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/maaden-purchases-20-6-alba-stake\/1402-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1402.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1402.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1402.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1402.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89281\" class=\"content-area-description single-story post-89281 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-alba tag-bahrain tag-enterpriseclimate tag-ma-watch tag-maaden tag-sabic tag-saudi-arabia 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\/2\/.947438ba-faaa-4123-abb2-279679a17ee4.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Ma\u2019aden <\/strong><strong>buys SABIC out of Bahrain\u2019s Alba in push towards green metals:<\/strong> Saudi Basic Industries (Sabic) wrapped up the sale of its 20.6% stake in Bahrain Bourse-listed Aluminium Bahrain (Alba) to Saudi Arabian Mining (Maaden) following regulatory approvals, according to two separate filings to Tadawul on Wednesday (<a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=85338&anCat=1&cs=2010&locale=en\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=85323&anCat=1&cs=1211&locale=en\" style=\"\" rel=\"noopener\">here<\/a>). Sabic lined up some SAR 3.6 bn in proceeds from the sale. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been in the making for some time: <\/strong>Ma\u2019aden signed a share purchase agreement to acquire Sabic\u2019s entire 20.6% stake \u2014 about 292.8k ordinary shares \u2014 in Alba <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/66cae1a5-e6e5-408b-98d0-7823c89352b2\/ksa%25e2%2580%2599s-ma%25e2%2580%2599aden-and-bahrain%25e2%2580%2599s%253cmark%253e-alba%253c%2Fmark%253e-explore-a-merger-%2B-ma%25e2%2580%2599aden-snaps-up-sabic%25e2%2580%2599s-entire-stakes\" style=\"\" rel=\"noopener\">back in September<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The two companies signed a non-binding Heads of Terms agreement back in September that would have seen the Saudi mining giant acquire <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/66cae1a5-e6e5-408b-98d0-7823c89352b2\/ksa%25e2%2580%2599s-ma%25e2%2580%2599aden-and-bahrain%25e2%2580%2599s%253cmark%253e-alba%253c%2Fmark%253e-explore-a-merger-%2B-ma%25e2%2580%2599aden-snaps-up-sabic%25e2%2580%2599s-entire-stakes\" style=\"\" rel=\"noopener\">a 51% stake<\/a> in Alba through a share swap to cross-list it on the Saudi Exchange last September, but both companies agreed to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d564754e-8d12-40f8-ab1e-17ee821bd816\/top-stories:-rivian-finalizing-mega-financing-%2B-saudi%25e2%2580%2599s-future-minerals-forum-are-headliners-this-week\" style=\"\" rel=\"noopener\">scrap the plan<\/a> last month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Alba is expanding its green aluminum production. <\/strong>The company partnered with Japan\u2019s Daiki Aluminium <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bd96517b-5796-4715-b2bf-92fc0f63159d\/decarbonization,-green-policy-and-industry-updates-from-uae-and-bahrain\" style=\"\" rel=\"noopener\">in August 2024<\/a> to develop a recycling facility for aluminum dross\u2014a byproduct of the smelting process\u2014to recover valuable metal and cut waste. Meanwhile, Alba is installing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3c72b3cd-cf12-4a11-a4dd-1378352a19d3\" style=\"\" rel=\"noopener\">680.9 MW hydrogen-ready turbine<\/a>, the first of its kind globally, at its fifth power plant. The company is also working with Mitsubishi to develop <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f3352e16-c76c-492d-b9eb-103e90ddfe96\" style=\"\" rel=\"noopener\">CO2 capture technology<\/a>, aiming to remove 500k-1 mn metric tons of emissions per year by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Merrill Lynch KSA is the financial advisor, while AS&H Clifford Chance Law Firm is serving as the legal advisor. Moelis & Company UK is advising Alba on the transaction.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/alba\/\">Alba<\/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 rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/maaden\/\">Maaden<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sabic\/\">Sabic<\/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=\"89283\" 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=\"89283\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/dubai-to-build-1-6-gw-solar-facility-with-bess\/\">\r\n                            Dubai to build 1.6 GW solar facility 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\/02\/21\/dubai-to-build-1-6-gw-solar-facility-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(); 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Dewa has yet to select a developer for the facility, which is planned to be commissioned between 2027 and 2029, the statement added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Consulting consortium appointed:<\/strong> Dewa appointed a Deloitte-led consortium as the consultant for the project, which will handle the tender documents, design, submissions management, commercial negotiations, financial structuring, and power purchase agreements, as well as reaching financial close. The consortium will also be responsible for marketing and investor outreach. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Abu Dhabi moved on this feat first: <\/strong>Masdar and Emirates Water and Electricity Company will develop a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b0dae305-6ea6-4cb8-b179-f77a1145e46d\/masdar-plans-a-5.2-gw-solar-project-with-bess\" style=\"\" rel=\"noopener\">USD 6 bn, 5.2 GW solar project<\/a> that will be linked to a 19 GWh BESS, making it one of the largest of its kind in the world. The mega project will produce 1 GW of uninterrupted baseload clean power daily on 90 sq km of land in the Abu Dhabi desert, with financing planned through debt facilities and equity. The project is set for 2027 completion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE has big renewables goals: <\/strong>The UAE is aiming to achieve <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4c9852ec-05f7-489e-bff8-aa411781b61f\/today:-masdar-snaps-up-70%2525-of-greece%25e2%2580%2599s-terna-%2B-rivian-closes-in-on-6.6-bn-federal-loan-to-build-ev-plant\" style=\"\" rel=\"noopener\">net zero by 2050<\/a> with renewables making up a 30% share of its electricity mix by 2030. The country is now seeing \u201cprobably the highest demand\u201d for energy as the economy continues to grow and is expected to get one or two large-scale solar projects every year until 2030. The UAE currently generates around 6 GW of renewable energy and targets to increase this to at least 15 GW 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\">OTHER SOLAR UPDATES ELSEWHERE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Acwa\u2019s <\/strong><strong>Sh<\/strong><strong>uaiba 2 solar plant to start commercial operations:<\/strong> An Acwa Power-led consortium has received the commercial operation certificate from the Saudi Power Procurement Company for the first, second, and third phases of its 2.1 GW Shuaiba 2 Solar PV plant in Saudi, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=85358&anCat=1&cs=2082&locale=en\" style=\"\" rel=\"noopener\">disclosure<\/a> issued Thursday. The project is now fully operational.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The project will have two stations with 2.6 GW total capacity and is being developed by Saudi Aramco, PIF subsidiary Badil, and Acwa. It is set to be the largest solar PV plant in Saudi Arabia with a value of SAR 8.3 bn (c.USD 2.2 bn) and will be able to power 450k homes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Acwa began commercial operations for the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3aa613cc-5d40-411f-b1ee-69eb0e0a16f6\/\" style=\"\" rel=\"noopener\">600 MW Shuaiba 1<\/a> after receiving commercial operation certificates back in November. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Nama <\/strong><strong>receives four bids for Ibri solar project: <\/strong>Oman\u2019s Nama Power and Water Procurement Company has received four bids for the development of the 500 MW Ibri III Solar IPP in Al Dhahirah, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/opwp_nama-power-water-procurement-announces-activity-7297127364050739200-zoqZ?utm_source=share&utm_medium=member_desktop&rcm=ACoAACxR4pABvSbcxsBMUc-IOBf0VI1XWqO_Tx0\" style=\"\" rel=\"noopener\">statement<\/a> released on Monday. Bidders include a consortium composed of Masdar, Korea Midland Power, and Al Khadra Partners, an Acwa-TotalEnergies consortium, and an alliance consisting of EDF Renewables and Korean Western Power, and an independent proposal from Singapore\u2019s Sembcorp Utilities. Operations are expected to begin in 1Q 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the project: <\/strong>Nama <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/befc63e0-6f83-49b1-98ae-ba317e5bb098\" style=\"\" rel=\"noopener\">prequalified nine international companies or consortiums<\/a> for the development of the project in June 2024. Ibri III has an investment value of OMR 155 mn (c. USD 402.7 mn) and is expected to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/67205c72-8e38-41cb-bfef-cabedf787843\/neom-partners-with-saudi%25e2%2580%2599s-energy-ministry-on-the-energy-sector-%2B-oman-request-proposals-for-the-construction-of-a-500-mw-solar-plant\" style=\"\" rel=\"noopener\">generate 1.5 TWh<\/a> of renewable energy annually and reduce CO2 emission by 505k tons per annum at full capacity. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/bess\/\">BESS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/dewa\/\">DEWA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nama\/\">Nama<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"89285\" 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=\"89285\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">RENEWABLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/egypt-inks-a-myriad-of-agreements-at-the-egypt-energy-show\/\">\r\n                            Egypt inks a myriad of agreements at the Egypt Energy Show                        <\/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\/02\/21\/egypt-inks-a-myriad-of-agreements-at-the-egypt-energy-show\/\" 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 agreements cover projects spanning the green sector, from wind, solar, EVs, carbon capture, and other industrial decarbonization ventures. <\/p>\n<p class=\"tag-border-left\">WIND- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another <\/strong><strong>mega <\/strong><strong>wind farm incoming for Egypt: <\/strong>Saudi renewables giant Acwa Power is setting up a 2 GW wind farm in South Hurghada with investments of SAR 8.6 bn (c. USD 2.3 bn), Saudi Energy Minister Abdulaziz bin Salman <a target=\"_blank\" href=\"https:\/\/x.com\/MoEnergy_Saudi\/status\/1891584660804714886\" style=\"\" rel=\"noopener\">said<\/a> during the first day of the Egypt Energy Show. The company inked a power purchase agreement with the Egyptian Electricity Transmission Company for the project, he added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not Acwa\u2019s first in the country: <\/strong>Acwa Power and energy and infrastructure leader Hassan Allam Utilities are setting up a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c0cdcfe-2d48-4805-b5ce-451a7b6d5382\/meridiam-to-co-develop%253cmark%253e-acwa%253c%2Fmark%253e-and-hau%253cmark%253e-gulf%253c%2Fmark%253e-of-suez-wind-farm\" style=\"\" rel=\"noopener\">USD 1.2 bn, 1.1 GW wind farm<\/a> in the Gulf of Suez. The project reached a financial close earlier this year and is expected to kick off commercial operations in 2Q 2027. <\/p>\n<p class=\"tag-border-left\">CARBON CAPTURE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Mopco<\/strong><strong> and ThyssenKrupp to set up carbon capture project in Egypt: <\/strong>Misr Fertilizers Production Company (Mopco) signed a cooperation agreement and an MoU with Germany\u2019s ThyssenKrupp to develop a USD 220 mn carbon capture project, according to an Oil Ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/943186717996300?ref=embed_post\" style=\"\" rel=\"noopener\">statement<\/a> on Wednesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A step toward lower emissions: <\/strong>The project will help Mopco capture CO2 from its ammonia plant. The project is expected to cut emissions by 150k tons per year, increase urea production by 10%, and improve natural gas efficiency by another 10%. The project will also upgrade Mopco\u2019s three urea plants to produce TGU, a key component in AdBlue, which is used to reduce harmful nitrogen oxides from vehicle emissions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A helping hand: <\/strong>The agreement will see ThyssenKrupp conduct the feasibility studies needed for the project, as well as handle the engineering designs and provide technical support.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Egypt + Greece to partner on CCUS: <\/strong>Egypt\u2019s Oil Ministry has signed an MoU with Greece\u2019s Environment and Energy Ministry to collaborate on carbon capture, utilization, and storage, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid02vzEqP43yxJbv3c3cYou9m7wUu6rZG2DLcMaQkv8Jfrq4BZV9yu6jcrC8Gus45BA5l\" style=\"\" rel=\"noopener\">statement<\/a> released on Tuesday. The pair will work on proposals exploring carbon capture and storage regulatory frameworks with support from Greece\u2019s industrial knowledge, as well as assess the economic feasibility of different applications of the tech. Egypt is also exploring the possibility of exporting carbon dioxide to European markets for industrial use.<\/p>\n<p class=\"tag-border-left\">ELECTRIC VEHICLES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egyptian <\/strong><strong>p<\/strong><strong>ublic <\/strong><strong>+ private companies form new EV charging firm:<\/strong> Infinity EV Charging and Hassan Allam Utilities have inked a shareholder agreement with state-owned Misr Petroleum and Gastec to establish a new EV charging company, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2061.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a> on Thursday. The partnership aims to install and operate chargers at key high-traffic locations nationwide, tapping into the fuel station networks of Misr Petroleum and Gastec. <\/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\">ENERGY EFFICIENCY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt and Saudi Arabia signed an executive plan for cooperation in energy <\/strong><strong>efficiency<\/strong>, which should see the two sides set up a program for energy efficiency, look into setting up a joint entity to implement energy efficiency projects, and exchange expertise in the field, according to statements <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid0n9wE7ZVNQFMViECDv2Cod32B2LXNxHdDvnnoGiq3jbRpWegRc2f9XRiP55yzCYaGl?rdid=8rMo8gpvZU2gSUnz#\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/x.com\/MoEnergy_Saudi\/status\/1891585252067352816\" style=\"\" rel=\"noopener\">here<\/a> published on Monday.The pair are assessing plans to first target government buildings before expanding to rehabilitate all buildings following Saudi\u2019s <a target=\"_blank\" href=\"https:\/\/www.pif.gov.sa\/en\/our-investments\/our-portfolio\/national-energy-services-company\/\" style=\"\" rel=\"noopener\">National Energy Services Company (Tarshid)<\/a> as an example, <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/oil-and-gas\/2025\/02\/17\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D8%AF%D8%B1%D8%A7%D8%B3%D8%A9-%D8%A7%D9%86%D8%B4%D8%A7%D8%A1-%D9%83%D9%8A%D8%A7%D9%86-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A-%D9%85%D8%B5%D8%B1%D9%8A-%D9%8A%D8%AA%D8%AE%D8%B5%D8%B5-%D9%81%D9%8A-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%A7%D8%B9%D8%A7%D8%AF%D8%A9-%D8%AA%D8%A3%D9%87%D9%8A%D9%84-%D8%A7%D9%84%D9%85%D8%A8%D8%A7%D9%86%D9%8A-%D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A%D8%A9\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reported on Monday. <\/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\">OTHER PARTNERSHIPS TO NOTE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Egypt + Huawei partner on solar energy:<\/strong> Egypt\u2019s Oil Ministry and Huawei Egypt Technology company signed an MoU to cooperate on developing solar energy projects and renewable energy networks in a bid for energy transformation within the Egyptian petroleum sector, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid0273eC6dfWFac8oUZ7QynhtDsBT29jQtGmAP9qwmASshLKf5iJw1pZwEaLX3Cc5eV1l?_rdc=1&_rdr#\" style=\"\" rel=\"noopener\">statement<\/a> on Thursday. Under the agreement, Huawei will work on and handle the costs of a pilot solar PV project, a microgrid system, and battery-powered generators to support a group of wells at a petroleum production site sometime during 1H 2025. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- An emissions reduction partnership: <\/strong>The Ministry also <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid0qEAhA28s25geMKeFRpvMBWNZyhrvaYRpNntrananxjRYvtCPWRRs9rFMN3C1PEzjl?_rdc=1&_rdr#\" style=\"\" rel=\"noopener\">signed an agreement<\/a> with the Chinese Anton Oilfield Services Group to reduce gas flaring through utilization projects and increase the adoption of renewables in oil and gas facilities to improve efficiency. The pair still has to identify where the initiative will be implemented. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Enppi made new friends: <\/strong>Enppi \u2014 the engineering arm of Egypt's public petroleum sector \u2014 and Intro Sustainable Power Utilities <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid02Q1jYYsafnsoNPGRckg3bJFTQwBy4UiRpsLJhiUyZV7mX9D699tFCyfYfS8n175LGl\" style=\"\" rel=\"noopener\">signed a cooperation agreement<\/a> to provide clean energy solutions and promote its use. The company also signed a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid0DfWv8ETUuXbByv4pzRXA4JFwM6V6SoLVCxCriTGkyt1gMxV7cEpBy15WHC5osy9Fl\" style=\"\" rel=\"noopener\">cooperation agreement<\/a> with Infinity to cooperate on and support renewable uptake in the oil, gas, and energy sectors via strategic partnerships with international companies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Exploring possible SAF production project: <\/strong>Oil Minister Karim Badawi agreed with the CEO of Italian engineering group Tecnimont to set up a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid02EGgTvGakQeFC8KZm7kr8KXQyJcde8qx3hSTthcrQTBiWUWjSRGgJwtmB72WqPCBil?_rdc=1&_rdr#\" style=\"\" rel=\"noopener\">work program<\/a> dedicated to establishing a joint sustainable aviation fuel production project in Egypt. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hassan-allam\/\">Hassan Allam<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/infinity\/\">Infinity<\/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\/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=\"89287\" 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=\"89287\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">GREEN FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/aiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure\/\">\r\n                            AIIB partners with KSA &amp; Turkey to drive sustainable infrastructure                        <\/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\/02\/21\/aiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure\/\" 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\/02\/21\/aiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure\/')\">\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\/02\/21\/aiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure\/\">\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=AIIB partners with KSA &#038; Turkey to drive sustainable infrastructure&url=https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/aiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure\/\">\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\/02\/21\/aiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure\/&title=AIIB partners with KSA &#038; Turkey to drive sustainable infrastructure\">\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=AIIB+partners+with+KSA+%26%23038%3B+Turkey+to+drive+sustainable+infrastructure+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F02%2F21%2Faiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure%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\/02\/21\/aiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2041.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89288\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/aiib-partners-with-ksa-turkey-to-drive-sustainable-infrastructure\/2041-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2041.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2041.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2041.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2041.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89287\" class=\"content-area-description single-story post-89287 post type-post status-publish format-standard has-post-thumbnail hentry category-green-finance tag-enterpriseclimate tag-green-finance tag-green-hydrogen tag-morocco tag-saudi-arabia tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.3f3cfdea-a933-432c-acf6-d3a1ef3d6796.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>AIIB <\/strong><strong>to commit USD 5 bn financing for Turkey\u2019s public projects: <\/strong>The Asian Infrastructure Investment Bank (AIIB) and Turkey have inked an MoU for USD 5 bn in financing for green and climate-resiliency public sector projects from 2025 to 2027, according to a <a target=\"_blank\" href=\"https:\/\/www.aiib.org\/en\/news-events\/news\/2025\/aiib-turkiye-formalize-strategic-partnership-green-resilient-infrastructure.html\" style=\"\" rel=\"noopener\">statement<\/a> issued on Monday. The financing will support projects in the energy, healthcare, water management, and transport sectors. The lender may also allocate USD 5 bn for private sector projects later, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/turkey-aiib-signs-mou-5-billion-financing-public-sector-projects-2025-02-17\/#:~:text=Turkey%27s%20Finance%20Ministry%20said%20on%20Monday%20that%20it,financing%20for%20public%20sector%20projects%20in%20three%20years\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Monday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi gets something too: <\/strong>AIIB and Saudi Arabia also inked a joint declaration of intent to launch a sustainable investment program, according to a <a target=\"_blank\" href=\"https:\/\/www.aiib.org\/en\/news-events\/news\/2025\/aiib-saudi-arabia-forge-strategic-partnership-new-sustainable-investment-program.html\" style=\"\" rel=\"noopener\">press release<\/a> issued Monday. The proposed program will aim to mobilize financing for power generation and transmission, sustainable transport, renewable energy and battery storage, as well as eqarthquake preparedness. The framework also aims to expand AIIB\u2019s nonsovereign-backed through public-private partnerships. <\/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 GREEN FINANCE UPDATES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco\u2019s <\/strong><strong>gree<\/strong><strong>n <\/strong><strong>hydrogen ambitions got a boost: <\/strong>HydroJeel has secured a EUR 30 mn grant from the Power-to-X Development Fund to support the Moroccan state-owned fertilizers\u2019 giant OCP\u2019s Jorf Hydrogen Project (JH2P), according to a <a target=\"_blank\" href=\"https:\/\/innovx.com\/newsroom\/hydrojeel-awarded-ptx-jorf-hydrogen-platform\/\" style=\"\" rel=\"noopener\">press release<\/a> issued last week. The <a target=\"_blank\" href=\"https:\/\/www.ptx-fund.com\/\" style=\"\" rel=\"noopener\">PtX Development Fund<\/a> \u2014 an initiative backed by the German federal government and managed by KGAL Investment Management \u2014 awarded the grant following a competitive process that evaluated 98 proposals from seven countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The project\u2019s details: <\/strong>JH2P aims to produce 100k tons of green ammonia annually by the end of 2026, cutting around 300k tonnes of CO2 emissions, according to the press release. The project is expected to scale production to 1 mn tons by 2027 and 3 mn tons by 2032. The Front-End Engineering Design phase for the project <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3b4cbb6d-a9a2-48bb-8e32-73033e54643d\/\" style=\"\" rel=\"noopener\">was set to kick off<\/a> in November 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the company: <\/strong>HydroJeel is a subsidiary of <a target=\"_blank\" href=\"https:\/\/innovx.com\/about-us\/\" style=\"\" rel=\"noopener\">Innovx<\/a>, a company backed by Mohammed VI Polytechnic University. Innovx presents itself as a venture capital and business development company focused on sustainability and tech. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/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\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89289\" 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=\"89289\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/iran-taps-chinese-financing-for-1-76-gw-solar-buildout\/\">\r\n                            Iran taps Chinese financing for 1.76 GW solar buildout                        <\/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\/02\/21\/iran-taps-chinese-financing-for-1-76-gw-solar-buildout\/\" 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\/02\/21\/iran-taps-chinese-financing-for-1-76-gw-solar-buildout\/')\">\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\/02\/21\/iran-taps-chinese-financing-for-1-76-gw-solar-buildout\/\">\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=Iran taps Chinese financing for 1.76 GW solar buildout&url=https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/iran-taps-chinese-financing-for-1-76-gw-solar-buildout\/\">\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\/02\/21\/iran-taps-chinese-financing-for-1-76-gw-solar-buildout\/&title=Iran taps Chinese financing for 1.76 GW solar buildout\">\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=Iran+taps+Chinese+financing+for+1.76+GW+solar+buildout+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F02%2F21%2Firan-taps-chinese-financing-for-1-76-gw-solar-buildout%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\/02\/21\/iran-taps-chinese-financing-for-1-76-gw-solar-buildout\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2536.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89290\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/iran-taps-chinese-financing-for-1-76-gw-solar-buildout\/2536-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2536.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2536.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2536.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2536.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89289\" class=\"content-area-description single-story post-89289 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-china tag-debt-watch tag-decarbonization tag-ebrd tag-egypt tag-enterpriseclimate tag-eu tag-green-finance tag-iran tag-oman tag-solar-energy 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\/2\/.4e82b3d4-09c4-4ca6-8b10-fa4d219f87a0.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran\u2019s Economic Council has <\/strong><strong>approved a CNY 3.9 bn (c. USD 543 mn) foreign loan to develop 1.76 GW of solar power across the country<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.tehrantimes.com\/news\/509823\/Iran-secures-Chinese-financing-for-1-758MW-solar-power-plant\" style=\"\" rel=\"noopener\">Tehran Times<\/a> reported on Sunday. The project involves the construction of 586 solar power plants, each with a capacity of 3 MW. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where\u2019s the money going?<\/strong> The total cost is estimated at CNY 4.6 bn (c.USD 640 mn), with the foreign loan covering 85% of the cost. The remaining CNY 687.8 mn (USD 96 mn) will be funded as an advance payment by the Renewable Energy and Energy Efficiency Organization, which it should fund through electricity exports or other revenue streams. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Iran <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7bd5b513-6fd3-4e90-af48-43c0c4fadafb\/\" style=\"\" rel=\"noopener\">plans to generate 30 GW<\/a> of electricity from renewable sources over the next four years. Around 2.4 GW of this planned capacity is targeted to be online next summer, which would bring new additions in this time frame to 5 GW after including previously planned developments. <\/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 REGIONAL DEBT WATCH NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Tabreed <\/strong><strong>eyes USD 2 bn NCD issuance:<\/strong> District cooling firm Tabreed\u2019s board will seek shareholder approval on 25 March to issue up to USD 2 bn in additional non-convertible debt instruments, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/1939.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. The issuance may take place in one or more tranches, either directly or through a special-purpose vehicle. The firm had earlier confirmed that news of its plans to refinance debt is \u201caccurate\u201d and that it is \u201cevaluating various refinancing options,\u201d according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/1940.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a> submitted to the DFM on Tuesday.<\/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>Tabreed CFO Adel Salem Al Wahedi had said the company plans to issue <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6cecd573-57e2-4dee-977d-727b88bb01cf\/%253cmark%253etabreed%253c%2Fmark%253e-is-set-to-issue-usd-1.2-bn-green-bonds-next-year\" style=\"\" rel=\"noopener\">USD 1.2 bn in green bonds or sukuk<\/a> to refinance debt this year, including USD 500 mn bonds maturing in October 2025 and USD 700 mn loan due in March 2025. It also completed a tender offer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d6796afc-ca9e-41a7-bc4d-8a4e98e793b2\/uae%25e2%2580%2599s%253cmark%253e-tabreed%253c%2Fmark%253e-buys-back-outstanding-usd-500-mn-trust-certificates\" style=\"\" rel=\"noopener\">last April<\/a> to repurchase USD 500 mn outstanding trust certificates that were due this year. The company has repurchased USD 240 mn in outstanding sukuk so far and currently has a BBB credit rating with a stable outlook from Fitch, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/capital-markets\/equities\/dubai-listed-tabreed-confirms-debt-refinancing-plans-cf362yea\" style=\"\" rel=\"noopener\">Zawya<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Oman <\/strong><strong>secur<\/strong><strong>es financing for second phase of Sohar waste facility:<\/strong> Oman Environmental Services Holding Company (Be\u2019ah) has inked an OMR 51 mn (c.USD 132.6 mn) financing agreement with Ahli Islamic to partially fund the second phase of its industrial waste treatment facility at Sohar Freezone, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/Omanbeah\/posts\/pfbid025tb14CFtEfxi68KcgxPT13K6ybA5meXmrQmrjx4j7tKCNwku7mdB9EMiB8pxTH8Tl?rdid=h2Mp0dr5crKJZ7py#\" style=\"\" rel=\"noopener\">statement<\/a> on Thursday. The financing will support developing the hazardous waste treatment plant, upgrading physicochemical treatment tech, and building facilities for used oils and highly toxic waste treatment. It also covers installing smart storage tanks and advanced infrastructure to boost operational efficiency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Be\u2019ah <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e4f8805f-dcbc-4a02-aff2-a426cb4b18a9\/\" style=\"\" rel=\"noopener\">inked an agreement<\/a> with Singapore-based environmental technology provider Tialoc and Omani construction company Al Ramooz National to commence the second phase last August. The facility is set to be completed this year, with the first phase \u2014 which is currently operational \u2014 including three landfills and an open and closed area for industrial waste. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Jordan receives EBRD loan for electricity transmission project: <\/strong>Jordan\u2019s National Electric Power Company (Nepco) has received a EUR 67.1 mn (c. USD 70 mn) financing package from the European Bank for Reconstruction and Development (EBRD) to boost the country\u2019s grid to accommodate increased generation capacity, according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/news\/2025\/ebrd-and-eu-strengthen-jordans-power-grid.html\" style=\"\" rel=\"noopener\">press release<\/a> from Thursday. The financing comprises a EUR 54.7 sovereign-guaranteed EBRD loan and a EUR 12.4 mn EU investment grant, alongside a EUR 2.2 mn technical cooperation grant to appoint a project implementation consultant for Nepco. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where\u2019s the money going?<\/strong>The funds will go towards constructing the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/86c56ef6-0700-492c-92dc-c79a82fff213\/%253cmark%253ejordan%253c%2Fmark%253e-receives-usd-28-mn-for-grid-expansion\" style=\"\" rel=\"noopener\">Northern Green<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/86c56ef6-0700-492c-92dc-c79a82fff213\/%253cmark%253ejordan%253c%2Fmark%253e-receives-usd-28-mn-for-grid-expansion\" style=\"\" rel=\"noopener\">Substation Transmission<\/a> (NGST) project and four new overhead transmission lines, including two 400 kV lines connecting substations in Samra and Amman West and two 132 kV lines connecting the Hasan Industrial and Jerash substations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sounds familiar? <\/strong>The EBRD said it was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/86c56ef6-0700-492c-92dc-c79a82fff213\/%253cmark%253ejordan%253c%2Fmark%253e-receives-usd-28-mn-for-grid-expansion\" style=\"\" rel=\"noopener\">extending<\/a> a USD 28.25 mn loan to Nepco for the NGST project last October. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Egypt\u2019s Arabian Cement Company (ACC) has secured a EUR 25 mn financing <\/strong><strong>package from EBRD and EU to support the company\u2019s decarbonization efforts, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/news\/2025\/ebrd-and-eu-foster-energy-efficiency-in-egypts-cement-industry.html\" style=\"\" rel=\"noopener\">press release<\/a> from Thursday. The EU is also providing a \u201cfirst loss risk cover\u201d from its <a target=\"_blank\" href=\"https:\/\/international-partnerships.ec.europa.eu\/funding-and-technical-assistance\/funding-instruments\/european-fund-sustainable-development-plus_en\" style=\"\" rel=\"noopener\">European Fund for Sustainable Development Plus<\/a>, which offers risk-sharing facilities of up to EUR 40 bn to support Sustainable Development Goals projects in partner countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>ACC will use the money to expand its use of alternative fuel and improve energy efficiency, reducing some 130k tons of emissions annually. The company also plans to install a new energy-efficient hydrogen injection system \u2014 which would be the first in Egypt\u2019s cement sector \u2014 to improve combustion efficiency, thereby decreasing fuel consumption and emissions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>EBRD and UAE-based consulting firm A\u00b3&Co <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f3697fff-ca89-47d7-b926-18d877943d4f\/\" style=\"\" rel=\"noopener\">partnered to support ACC<\/a> in developing a decarbonization roadmap back in 2023.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/china\/\">China<\/a>\n                <!-- <span 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data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/524.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/524.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89291\" class=\"content-area-description single-story post-89291 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-district-cooling tag-earnings-watch tag-empower tag-enterpriseclimate tag-sabic tag-tabreed tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.a4222a7e-2a10-4971-942d-111954c6fd55.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">EMPOWER-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.empower.ae\/\" style=\"\" rel=\"noopener\">Emirates<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.empower.ae\/\" style=\"\" rel=\"noopener\">Central Cooling Systems Corporation<\/a><\/strong><strong> (Empower) <\/strong><strong>reported <\/strong><strong>a 5.6% y-o-y incre<\/strong><strong>ase in revenues, reaching AED 809 mn in 4Q 2024<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/1501.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For the full year, net income declined 5.4% y-o-y to AED 908.2 mn<\/strong>, while revenues rose 7.4% to AED 3.3 bn, according to the company's <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/1503.pdf\" style=\"\" rel=\"noopener\">financial statements (pdf)<\/a>. Empower attributed the growth to portfolio expansion and an increase in end-users.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In high demand: <\/strong>Empower saw its contracted capacity jump 6.9% from 2023 to 1.78 mn refrigeration tons (RT), according to the financial statements. The increased capacity comes from signing 111 contracts in 2024 and expanding the company\u2019s distribution pipeline network throughout Dubai to over 418 km and 88 district cooling plants. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Empower had a busy year: <\/strong>Empower inaugurated the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c95cc9ad-3c09-4e7d-8f85-b36f478809fc\/green-finance,-district-cooling,-and-waste-management-updates-from-turkey,-uae,-and-egypt\" style=\"\" rel=\"noopener\">first phase of its new district cooling<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c95cc9ad-3c09-4e7d-8f85-b36f478809fc\/green-finance,-district-cooling,-and-waste-management-updates-from-turkey,-uae,-and-egypt\" style=\"\" rel=\"noopener\">plant<\/a> in Jumeirah Beach Hills in December \u2014 with a total production capacity of 48k RT upon completion \u2014 and will develop a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2396e98a-ff2b-4b69-a239-8fdaed721bad\" style=\"\" rel=\"noopener\">second district cooling plant<\/a> with a capacity of 37k RT in Jumeirah. The company also signed an MoU in November with the UAE Ministry of Energy and Infrastructure to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/10a38dac-c2b5-48d8-b056-73e3fb7312fe\/adnoc-ccs-project-receives-dnv-certification\" style=\"\" rel=\"noopener\">enhance collaboration<\/a> in delivering district cooling services across the northern emirates. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Empower\u2019s subsidiary ELIPS expands across Gulf and regional markets: <\/strong>Empower Insulated Pipe Systems (ELIPS) has expanded its footprint across the Gulf and Middle East, and is now operating in Saudi Arabia, Bahrain, Oman, Qatar, Kuwait, and Egypt, according to a DFM <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/1893.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/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\">TABREED-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE <\/strong><strong>district cooling firm Tabreed\u2019s net income attributable to shareholders increased 32% y-o-y to AED 570 <\/strong><strong>mn in FY <\/strong><strong>2024<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.tabreed.ae\/news\/tabreed-releases-full-year-results-2024-reporting-increased-revenue-profits-stronger-ebitda\/\" style=\"\" rel=\"noopener\">press release<\/a> from Friday. Revenues increased slightly to AED 2.434 bn from AED 2.415 bn in 2023. The company attributed the revenue bump to a 5% increase in consumption volumes to 2.66 bn refrigeration hours, and connected capacity hitting 23.8k refrigeration tons (RT). The company added 23.6k RT to its portfolio of 92 plants in 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Behind the numbers:<\/strong> The growth in capacity came on the back of expansions at existing plants \u2014 including those in India and Egypt \u2014 as well as the commissioning of two new greenfield plants in the UAE and Oman during the year, the release notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Green issuances on the horizon\u2026:<\/strong> Tabreed is considering issuing up to USD 1.2 bn of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6cecd573-57e2-4dee-977d-727b88bb01cf\/%253cmark%253etabreed%253c%2Fmark%253e-is-set-to-issue-usd-1.2-bn-green-bonds-next-year\" style=\"\" rel=\"noopener\">green<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6cecd573-57e2-4dee-977d-727b88bb01cf\/%253cmark%253etabreed%253c%2Fmark%253e-is-set-to-issue-usd-1.2-bn-green-bonds-next-year\" style=\"\" rel=\"noopener\">sukuk and bonds<\/a> in 2025 to refinance some of its debt, CFO Adel Salem Al Wahedi said back in May. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026 carbon trading as well: <\/strong>One Tabreed\u2019s Abu Dhabi plants <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6ff085a9-74ff-46d7-a116-489399c10197\/today:-acwa-power-secures-usd-bns-in-financing-for-solar-projects\" style=\"\" rel=\"noopener\">secured the Verified Carbon<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6ff085a9-74ff-46d7-a116-489399c10197\/today:-acwa-power-secures-usd-bns-in-financing-for-solar-projects\" style=\"\" rel=\"noopener\">Standard verification<\/a> in September from the US-based voluntary carbon credit certification body Verra, making it eligible for carbon trading. The verification would allow the company to trade carbon credits as an \u201cemissions preventer,\u201d reportedly marking the first time a district cooling company has earned the title. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Tabreed\u2019s net income after tax fell 52% y-o-y to AED 112 mn in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7cc43c1d-512c-4b63-8e53-a90aa6c458a9\/fertiglobe,%253cmark%253e-tabreed%253c%2Fmark%253e,-and-ma%25e2%2580%2599aden-post-1q-earnings\" style=\"\" rel=\"noopener\">1Q 2024<\/a> on the back of one-off gains in the same period in the preceding year before picking back up in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d0060418-8f5a-4027-a571-3fd4371116ea\/%253cmark%253etabreed%253c%2Fmark%253e-is-back-in-black-%2B-taqa%25e2%2580%2599s-bottom-line-is-on-the-rise-in-3q\" style=\"\" rel=\"noopener\">3Q<\/a> with increased net income of AED 165.5 mn and revenues of AED 770.9 mn.<\/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\">SABIC AGRI-NUTRIENTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA\u2019s <\/strong><strong>Sabic Agri-Nu<\/strong><strong>trients reported a net income drop of 2% y-o-y to SAR 954 mn in 4Q <\/strong><strong>2024<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/1783.pdf\" style=\"\" rel=\"noopener\">earning release (pdf)<\/a> issued Monday. Revenue jumped 2% y-o-y to SAR 3 bn. The urea and ammonia producer noted that global urea markets weakened in 4Q 2024 due to a seasonal demand slowdown.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the year, <\/strong>the company posted a 9% y-o-y drop in net income to SAR 3.3 bn in 2024, attributed to lower sales prices and higher costs of goods. Revenue edged up 0.3% to SAR 11.1 bn, with a 3% increase in sales volume offsetting a 3% decline in average selling prices.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Powering on:<\/strong> Sabic is working on finalizing technical and feasibility studies that would allow it to reach a final investment decision on a new <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a4c5ffdf-a838-4289-8210-cb52464138d0\/there%25e2%2580%2599s-movement-on%253cmark%253e-sabic%253c%2Fmark%253e-agri-nutrients%25e2%2580%2599s-blue-ammonia-plant-in-jubail\" style=\"\" rel=\"noopener\">low-carbon ammonia plant<\/a> in Jubail Industrial City, the earnings release added. The factory is set to produce 1.2 mn metric tons per annum (MMTA) of low-carbon blue ammonia and 1.1 MMTA of urea and specialized agri-nutrients The company has already exported <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4a3fa737-5303-4633-a9d2-e19e581b8509\/ksa%25e2%2580%2599s%253cmark%253e-sabic%253c%2Fmark%253e-ships-5k-metric-tons-of-low-carbon-ammonia-to-taiwan\" style=\"\" rel=\"noopener\">5k metric tons of blue ammonia<\/a> to Taiwan, another 5k ton load to India, an unknown quantity to Japan, and 25k tons of low-carbon blue ammonia to South Korea.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/district-cooling\/\">district cooling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n    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src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2058.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89294\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/solar-wastewater-treatment-infrastructure-updates-and-more-from-ksa-qatar-and-the-uae\/2058-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2058.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2058.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2058.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2058.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89293\" class=\"content-area-description single-story post-89293 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-green-finance tag-green-hydrogen tag-jordan tag-morocco tag-oman tag-qatar tag-saudi-arabia 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\/2\/.953d747b-2d9e-46db-ae8f-1d0fcc8fd702.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">SOLAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- China\u2019s <\/strong><strong>TrinaTracker <\/strong><strong>opens its Saudi 3 GW manufacturing facility: <\/strong>Trinasolar subsidiary and solar tracking solutions firm TrinaTracker has inaugurated its 3 GW manufacturing facility \u2014 dubbed Trina Tracker for Renewable Energy \u2014 in the 3rd Industrial City in Jeddah, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/trinatracker-opens-3gw-factory-in-saudi-arabia-strengthening-regional-renewable-energy-goals-dlxq5l8t\" style=\"\" rel=\"noopener\">press release<\/a> from Wednesday. The factory will begin production within this quarter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The factory will produce its Vanguard series of solar trackers and smart control systems. The facility will be TrinaTracker\u2019s fourth production plant, after those it have in China, Spain, and Brazil. The plant will run a zero-emissions process and is expected to speed up delivery, technical support, and sales. <\/p>\n<p class=\"tag-border-left\">LEGISLATION WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jordan cabinet advances<\/strong><strong> electricity law draft:<\/strong> Jordan\u2019s Council of Ministers has approved the 2025 electricity law draft, including provisions to attract investments in green hydrogen and energy storage, according to a <a target=\"_blank\" href=\"https:\/\/www.pm.gov.jo\/AR\/NewsDetails\/am0233\" style=\"\" rel=\"noopener\">statement<\/a> published on Wednesday. The bill is yet to be added to the House of Representatives\u2019 agenda.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We first heard about this draft <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7609caf8-e65a-4dfb-8ec4-33b7605f4a2f\/\" style=\"\" rel=\"noopener\">in November last year<\/a><\/strong><strong>, <\/strong>with reports saying that it would include provisions facilitating companies and households\u2019 ability to establish and manage their own energy storage facilities and introduce a licensing scheme managed by the Energy and Minerals Regulatory Commission to regulate the sector, issue licenses, mitigate external shocks by boosting local renewable production. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s new:<\/strong> The draft law also aims to bolster investment in green hydrogen projects by adding clauses on autonomous generation and transmission of electricity, Jordan\u2019s Energy and Mineral Resources Minister Saleh A. Al-Kharabsheh <a target=\"_blank\" href=\"https:\/\/www.google.com\/search?q=%D9%87%D9%8A%D8%AF%D8%B1%D9%88%D8%AC%D9%8A%D9%86+%D9%82%D8%A7%D9%86%D9%88%D9%86+%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1+%D8%A7%D9%84%D8%A7%D8%B1%D8%AF%D9%86&sca_esv=026fd76a3624c384&rlz=1C1GCEB_enEG1130EG1130&source=lnt&tbs=qdr:m&sa=X&ved=2ahUKEwjOqqiOi9SLAxXqVqQEHb3jJYIQpwV6BAgBEAo&biw=1229&bih=590&dpr=1.56\" style=\"\" rel=\"noopener\">said<\/a>. <\/p>\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>Ewec<\/strong> <strong>opens <\/strong><strong>1Q 2025 CECs auction:<\/strong> Emirates Water and Electricity Company (Ewec) has opened registrations for its 1Q 2025 Clean Energy Certificates (CECs) auction, according to a <a target=\"_blank\" href=\"https:\/\/www.ewec.ae\/en\/media\/press-release\/myah-wkhrba-alamarat-tuzz-mstqbl-altaqt-alnzyft-fy-abwzby-mn-khlal-mzad-alrb\" style=\"\" rel=\"noopener\">press release<\/a> issued on Wednesday. CECs enable companies to reduce Scope 2 emissions. The auction is scheduled to close on 14 March. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The CECs include <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bd96517b-5796-4715-b2bf-92fc0f63159d\/\" style=\"\" rel=\"noopener\">wind energy CECs<\/a> after Ewec <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b9587d71-9793-4e92-a4fb-afc72f6561ba\/\" style=\"\" rel=\"noopener\">debuted<\/a> the certificates in 3Q 2024. They were also included in the company\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f6a84edf-e0b2-474b-87a4-00d5b4bebe17\/\" style=\"\" rel=\"noopener\">4Q 2024<\/a> registration.<\/p>\n<p class=\"tag-border-left\">WASTE MANAGEMENT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- NWC expands wastewater treatment capacity at Riyadh site: <\/strong>Saudi Arabia\u2019s National Water Company (NWC) inaugurated the third phase of its wastewater treatment plant in the south of Riyadh, doubling the total capacity for the facility to be 400k cubic meters, according to a <a target=\"_blank\" href=\"https:\/\/www.nwc.com.sa\/En\/MediaCenter\/News\/Pages\/Heet-400.aspx\" style=\"\" rel=\"noopener\">press release<\/a> from Tuesday. The expansion is part of the company\u2019s SAR 387 mn (c. USD 103 mn) plan to boost its infrastructure, coverage, and efficiency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of a bigger plan: <\/strong>The NWC pledged to invest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ca59b673-1b40-4d0c-a0b2-9c86824d92fc\/ksa%25e2%2580%2599s%253cmark%253e-nwc%253c%2Fmark%253e-signs-eur-95-mn-sustainable-water-infrastructure-contract-with-spain%25e2%2580%2599s-ayesa\" style=\"\" rel=\"noopener\">EUR 200 bn by 2030<\/a> in projects that support its goal of providing safe and efficient water and sanitation. Under Saudi\u2019s National Transformation Program, NWC works on preserving the country\u2019s natural resources through optimal utilization of water resources, conservation and maximum utilization of renewable water. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>ATR <\/strong><strong>+ CDE <\/strong><strong>ink agreement for wet processing tech in Qatar:<\/strong> Advanced Technology Recycling has inked an agreement with Australia\u2019s <a target=\"_blank\" href=\"https:\/\/www.cdegroup.com\/applications\/waste-recycling\" style=\"\" rel=\"noopener\">CDE<\/a> to deploy wet processing technology for construction and demolition (C&D) waste, according to a <a target=\"_blank\" href=\"https:\/\/www.cdegroup.com\/about\/news-events\/latest-news\/groundbreaking-construction-waste-project-qatar\" style=\"\" rel=\"noopener\">press release<\/a> issued last week. The agreement will see CDE supply equipment to ATR to efficiently recover resources from construction waste.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About CDE:<\/strong> The company specializes in wet processing solutions that transform waste materials \u2014 including C&D waste, contaminated soils, and industrial byproducts \u2014 into reusable resources, according to its <a target=\"_blank\" href=\"https:\/\/www.cdegroup.com\/about\" style=\"\" rel=\"noopener\">website<\/a>. Its technology is used in sectors including infrastructure, mining, and environmental remediation. <\/p>\n<p class=\"tag-border-left\">INFRASTRUCTURE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hyundai <\/strong><strong>bags <\/strong><strong>yet another Saudi transmission line order: <\/strong>Hyundai Engineering & Construction has been commissioned by the Saudi Electricity Company (SEC) to construct two transmission lines worth USD 389 mn as part of the Solar Power Generation Linked 380kV Transmission Line Construction Project, according to a <a target=\"_blank\" href=\"https:\/\/www.hdec.kr\/kr\/company\/press_view.aspx?CompanyPressSeq=474\" style=\"\" rel=\"noopener\">press release<\/a> from Monday. The first line will span 311 km and connect a planned solar plant in Humaijee to a substation near Medina. The second line in Jeddah will be 180 km long and connect a planned solar plant in Kulis to existing power lines near Mecca. Both lines are expected to be completed by November 2027. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hyundai E&C is doing plenty in Saudi:<\/strong> The engineering firm secured a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ae9a6eeb-7d5a-4da3-a91f-28d27999cef4\/egypt-greenlights-ev-ins.-policies-guidelines\" style=\"\" rel=\"noopener\">USD 713.9 mn contract<\/a> from the SEC in November for the construction of a 369-km section of the 500-kilovolt 1,089-km high-voltage direct current (HVDC) transmission line connecting Riyadh with Kudmi in southwestern Saudi Arabia. The company was also commissioned last year to build another HVDC transmission line linking Neom with the southwestern port city of Yanbu. Hyundai was also awarded a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a7fee148-e6fc-4c0e-a282-274d68a07ad9\" style=\"\" rel=\"noopener\">USD 145 mn contract<\/a> last year to build a 525 KV HVDC transmission line connecting Saudi Arabia\u2019s net zero city Neom to cities across the country.<\/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\">GREEN PARTNERSHIPS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirati <\/strong><strong>and French firms inked green partnership agreements at the third meeting <\/strong><strong>of the UAE-France High-Level Business Council in Paris<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/totalenergies.com\/news\/press-releases\/uae-france-high-level-business-council-meeting-was-held-participation-over-50\" style=\"\" rel=\"noopener\">press release<\/a> published on Monday. Masdar, TotalEnergies, and International Holding Company\u2019s investment subsidiary 2PointZero will partner to bolster clear energy in emerging African and Asian economies. Adnoc and French waste and water management company Veolia will also cooperate to increase water consumption efficiency through water recycling, consumption minimization, emissions reductions, and establishing a framework targeting water loss reduction. <\/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\">M&A WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADX<\/strong><strong>-listed IHC restructures its energy infrastructure units:<\/strong> UAE\u2019s IHC subsidiary and smart city solutions provider <a target=\"_blank\" href=\"https:\/\/www.2pointzero.com\/\" style=\"\" rel=\"noopener\">2PointZero<\/a> acquired a \u201csignificant stake\u201d in Abu Dhabi energy distributor <a target=\"_blank\" href=\"https:\/\/ehcuae.com\/\" style=\"\" rel=\"noopener\">Enterprise Holding Investment (EHC)<\/a>, according to <a target=\"_blank\" href=\"https:\/\/www.2pointzero.com\/news\/2pointzero-acquires-significant-stake-in-ehc-investment-company-strengthening-uaes-energy-infrastructure-for-smart-cities\" style=\"\" rel=\"noopener\">a joint statement<\/a> published last Friday. This is a related party transaction given that EHC is also <a target=\"_blank\" href=\"https:\/\/ehcuae.com\/about.html\" style=\"\" rel=\"noopener\">a unit of IHC<\/a>, and comes in a bid to boost 2PointZero\u2019s energy platform, EPointZero. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>Under the acquisition, 2PointZero will roll out advanced smart grid technologies, AI-powered analytics, and advanced monitoring systems to boost energy distribution efficiency across the country. <\/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\">GEOTHERMAL- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EDF <\/strong><strong>+ Taqa to partner on geothermal energy in Saudi Arabia: <\/strong>EDF Saudi Arabia and Taqa Geothermal Energy Company have signed an MoU to partner on geothermal energy on the sidelines of the PIF Private Sector Forum, according to a <a target=\"_blank\" href=\"https:\/\/ksa.edf.com\/en\/news\/edf-and-taqa-geothermal-sign-landmark-mou-to-advance-geothermal-energy-in-saudi-arabia\" style=\"\" rel=\"noopener\">press release<\/a> from last week. The pair will collaborate on geothermal energy generation, HVAC applications, space cooling system applications, and compressed air energy storage. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Taqa established the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d285a31d-e4c9-4ea0-b5b3-0d9db0b73528\/\" style=\"\" rel=\"noopener\">Taqa Geothermal Energy Company<\/a> with Iceland\u2019s Reykjavik Geothermal in Riyadh in 2023 to build up a generation capacity of 1 GW of geothermal power. It also has over 266 geothermal wells drilled in Turkey and Eastern Europe.<\/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\">GREEN HYDROGEN-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ohmium <\/strong><strong>launches new Abu Dhabi operations hub: <\/strong>US-based <a target=\"_blank\" href=\"https:\/\/www.ohmium.com\/\" style=\"\" rel=\"noopener\">Ohmium International<\/a> \u2014 which designs and manufactures Proton Exchange Membrane (PEM) electrolyzers \u2014 has opened a Rapid Response Service Center in Abu Dhabi, according to a <a target=\"_blank\" href=\"https:\/\/www.ohmium.com\/news\/ohmium-opens-rapid-response-service-center-in-abu-dhabi-to-enhance-customer-support-and-accelerate-project-scaling\" style=\"\" rel=\"noopener\">press release<\/a> from last week. The center will provide maintenance and refurbishment services to the UAE hydrogen production market, allowing targeted repairs that can have individual parts of its PEM system fixed and returned to the center within three days rather than four to five weeks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ohmium is not new to the UAE: <\/strong>The hydrogen solutions firm partnered with Emirates Steel Arkan and Abu Dhabi\u2019s Khalifa University in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3122849f-8648-4bc2-bb67-3dcdd14d09e8\" style=\"\" rel=\"noopener\">December 2023<\/a> to develop a green hydrogen-focused research and development program for decarbonizing the UAE\u2019s steel industry. Emirates Steel Arkan planned to build on the research to produce Direct Reduced Iron and expand in the green steel sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Aqaba<\/strong><strong> greenlights land us<\/strong><strong>e reforms to suit H2 projects:<\/strong> The Board Commissioners of Jordan\u2019s Aqaba Special Economic Zone Authority (ASEZA) has approved amendments to land use regulations in the southern industrial zone to support green hydrogen projects. (<a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=68456&lang=en&name=en_news\" style=\"\" rel=\"noopener\">Petra<\/a>)<\/li>\n<li><strong>PIF<\/strong><strong>-backed Ce<\/strong><strong>er to roll out first EV models later this year:<\/strong> Saudi Arabia\u2019s first EV maker Ceer plans to launch its first two models \u2014 a sedan and an E-Class-SUV \u2014 by late 2025, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cf85c875-6540-4e80-b33d-b60825276545\/\" style=\"\" rel=\"noopener\">aiming to start production & sales in 2026<\/a>. The automaker is pushing to localize its supply chain, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cf90ccd6-7f78-494f-be32-9df930508ede\/\" style=\"\" rel=\"noopener\">inking 11 agreements<\/a> worth SAR 5.5 bn (c.USD 1.5 bn) at the PIF Public Sector Forum last week, primarily with Saudi firms. (<a target=\"_blank\" href=\"https:\/\/english.aawsat.com\/business\/5112078-saudi-%E2%80%98ceer%E2%80%99-unveil-first-electric-car-models-end-2025\" style=\"\" rel=\"noopener\">Asharq Al-Awsat<\/a>)<\/li>\n<li><strong>Qatar<\/strong><strong> opens land<\/strong><strong> plots for recycling factories in Al Afja:<\/strong> Qatar\u2019s Municipality Ministry and the Commerce and Industry Ministry will offer 30 land plots for recycling factories in the Al Afja Recycling Industries Zone. Investment windows cover recycling paper, wood, plastic, glass, used fabrics, e-waste, animal waste, and food waste. Registration will run from 21 May till 21 August. (<a target=\"_blank\" href=\"https:\/\/thepeninsulaqatar.com\/article\/19\/02\/2025\/30-opportunities-to-establish-recycling-factories-announced\" style=\"\" rel=\"noopener\">The Peninsula<\/a>) <\/li>\n<li><strong>Cenomi<\/strong><strong> Centers + EVIQ to expand Saudi EV charging infrastructure: <\/strong>Cenomi Centers has tapped Electric Vehicle Infrastructure Company (EVIQ) to install electric vehicle fast-charging hubs across its 22 centers in Saudi Arabia, including Mall of Arabia Jeddah, Mall of Dhahran, and Nakheel Mall Riyadh. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/1915.pdf\" style=\"\" rel=\"noopener\">Statement, pdf<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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                            <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=\"89295\" 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=\"89295\">\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\">AROUND THE WORLD THIS WEEK<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/\">\r\n                            Enagas to boost hydrogen infrastructure with some EUR 4 bn                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/')\">\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\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/\">\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=Enagas to boost hydrogen infrastructure with some EUR 4 bn&url=https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/\">\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\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/&title=Enagas to boost hydrogen infrastructure with some EUR 4 bn\">\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=Enagas+to+boost+hydrogen+infrastructure+with+some+EUR+4+bn+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F02%2F21%2Fenagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn%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\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2031.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89296\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/2031-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2031.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2031.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2031.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2031.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89295\" class=\"content-area-description single-story post-89295 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world-this-week tag-around-the-world-this-week tag-critical-minerals tag-decarbonization tag-energy-transition tag-enterpriseclimate tag-green-hydrogen tag-green-infrastructure 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\/2\/.e1f36fc8-e738-4c0b-9e3b-35b8e89268df.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enagas earmarks EUR 4 bn for hydrogen infrastructure: <\/strong>Spanish gas grid operator Enagas is planning to dedicate EUR 3.13 bn of a EUR 4 bn (USD 4.18 bn) investment by 2030 to hydrogen infrastructure in the country, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/spains-enagas-plans-multibillion-euro-investment-hydrogen-infrastructure-2025-02-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Tuesday. The firm is looking to make up for the low demand on Spanish gas by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b66b6556-fcb5-480b-b7a4-15b4b4a7465b\/spain%25e2%2580%2599s%253cmark%253e-enagas%253c%2Fmark%253e-lays-the-ground-for-future-hydrogen-investments\" style=\"\" rel=\"noopener\">reducing its debt and diversifying its portfolio<\/a> through investing in hydrogen infrastructure management \u2014 which is expected to yield EUR 290 mn in profits in 2030 \u2014 and tapping into ammonia and carbon capture. Enagas plans to invest in Spain\u2019s planned hydrogen network and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b66b6556-fcb5-480b-b7a4-15b4b4a7465b\/spain%25e2%2580%2599s%253cmark%253e-enagas%253c%2Fmark%253e-lays-the-ground-for-future-hydrogen-investments\" style=\"\" rel=\"noopener\">H2Med corridor<\/a> connecting Iberia with northwest Europe.<\/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><\/strong><strong>Mauritania<\/strong><strong> advances GreenGo\u2019s green hydrogen megaproject: <\/strong>Danish renewable energy producer <a target=\"_blank\" href=\"https:\/\/www.greengoenergy.com\/\" style=\"\" rel=\"noopener\">GreenGo<\/a> has signed an agreement with the Mauritanian government granting it more than 100k hectares of land to establish a green hydrogen project dubbed Megaton Moon, according to a <a target=\"_blank\" href=\"https:\/\/www.greengoenergy.com\/news\/megaton-moon-concession-250217\" style=\"\" rel=\"noopener\">press release<\/a> published on Monday. The project\u2019s first phase \u2014 planned to be operational in 2029 \u2014 is set to produce 339k tons of green ammonia per year, with a capacity of 500 MW of electrolysis and 1.2 GW of renewable power. Full capacity is expected to comprise 6 GW of electrolysis and 13 GW of renewable power at its peak. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Recent waves in North African green hydrogen: <\/strong>Mauritania\u2019s neighbors in North Africa are slated to play a critical role in planned green hydrogen exports to Europe through the <a target=\"_blank\" href=\"https:\/\/www.south2corridor.net\/\" style=\"\" rel=\"noopener\">SoutH2 Corridor<\/a>, with several green hydrogen supply and production projects being planned in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/551582df-445e-48c4-9e0e-b97a4ebee6cd\/south2%25e2%2580%2599s-member-nations-sign-intent-agreement\" style=\"\" rel=\"noopener\">Tunisia<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0f979bdb-c101-4b06-9784-95ed6604c695\" style=\"\" rel=\"noopener\">Algeria<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>C<\/strong><strong>hina <\/strong><strong>to roll out <\/strong><strong>the world\u2019s first offshore vessel equipped with carbon capture <\/strong><strong>tech: <\/strong>China\u2019s state-owned Cosco Ocean Shipping Heavy Industry is slated to deliver the world\u2019s first oil ship equipped with carbon capture tech this month. The 330-meter floating production storage & offloading unit (FPSO) will capture its own CO2 emissions and repurpose exhaust heat to generate electricity, reducing its environmental impact and ensuring energy efficiency. (<a target=\"_blank\" href=\"https:\/\/www.scmp.com\/news\/china\/science\/article\/3298874\/china-unveils-worlds-first-oil-production-ship-carbon-capture-facilities?module=perpetual_scroll_0&pgtype=article\" style=\"\" rel=\"noopener\">South China Morning Post<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world-this-week\/\">AROUND THE WORLD THIS WEEK<\/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\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/energy-transition\/\">energy transition<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-infrastructure\/\">green infrastructure<\/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=\"89297\" 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=\"89297\">\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\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/eu-tightens-rules-on-tackling-food-and-textile-waste\/\">\r\n                            EU tightens rules on tackling food and textile waste                        <\/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\/02\/21\/eu-tightens-rules-on-tackling-food-and-textile-waste\/\" 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 rules are still subject to final approval from the EU Parliament and Council, but adoption is highly likely. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The reasoning:<\/strong> The EU food industry is responsible for 60 mn tons of waste annually in the bloc, while the textile industry is responsible for 12.6 mn tons. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Extended responsibility: <\/strong>Textile producers based in the EU or that operate outside and sell into the bloc via online shopping will have to cover the costs of collecting, sorting, and recycling their products through extended producer responsibility schemes. The bloc set a deadline of 30 months from now for the rules to take effect, but smaller businesses will be given an extra year to adapt. The EU hopes to target fast fashion firms with its new rules.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Strict targets for food wasters: <\/strong>EU countries will have to cut down food waste by 10% in food manufacturing and processing and by 30% per capita in retail, restaurants, food services, and households \u2014 using 2021-2023 as a baseline \u2014 by the end of 2030. Larger food businesses will also have to put up unsold and still edible food for donation to further reduce waste.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The targets may still not be enough:<\/strong> Campaign group Zero Waste Europe argued that the 10% target should have been much higher to align with a UN pledge to reduce food waste across the supply chain by 50%. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/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=\"89299\" 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\/02\/21\/89299\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89299\" class=\"content-area-description single-story post-89299 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;\">FEBRUARY<\/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>, 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>25-26 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.carboncapturemena.com\/\" style=\"\">Carbon Capture MENA 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=\"font-weight:700;\">MARCH<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>5-7 March (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wsds.teriin.org\/2025\/index.php\" style=\"\">World Sustainable Development Summit<\/a><\/span><span style=\"font-weight:400;\">, New Delhi, India. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>7-9 March (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ccgconf.org\/\" style=\"\">Climate Change and Global Warming Conference<\/a><\/span><span style=\"font-weight:400;\">, Vienna, Austria. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>12-13 March (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/financing.desa.un.org\/2025-dcf\" style=\"\">UN Development Cooperation Forum<\/a><\/span><span>, New York, USA. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>27-29 March (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/greenenergymeet.org\/\" style=\"\">ANE Global Meet and Expo on Green Energy and Environmental Technology<\/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>31 March-1 April (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.climate-chance.org\/en\/get-involved\/climate-chance-summits\/sommet-climate-chance-europe-afrique-2025-marseille\/\" style=\"\">Climate Chance Europe Africa Summit<\/a><\/span><span style=\"font-weight:400;\">, Marseille, France. <\/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>2-5 April (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gylc.org\/summit\/\" style=\"\">Global Youth Climate Summit<\/a><\/span><span style=\"font-weight:400;\">, Minas Gerais, Brazil. <\/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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>8 April (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.energy-box.com\/agenda-of-mena\" style=\"\">Solar Energy Storage Future MENA<\/a><\/span><span>, Dubai UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>9-10 April (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalh2forum.com\/\" style=\"\">Global Hydrogen Forum<\/a><\/span><span style=\"font-weight:400;\">, Barcelona, Spain.<\/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>, 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>15-16 April (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eco-business.com\/events\/green-energy-summit-saudi-arabia-2025\/#:~:text=The%20Green%20Energy%20Summit%20Saudi,%2B%20Green%20Hydrogen%20%3D%20Future%E2%80%9D.\" style=\"\">Green Energy Summit Saudi Arabia<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 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<\/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<\/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>6-8 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aemobforum.com\/\" style=\"\">Autonomous e-Mobility Forum<\/a><\/span><span style=\"font-weight:400;\">, Ar-Rayyan, Qatar<\/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<\/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>13-14 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/internationaldcc.com\/\" style=\"\">International District Cooling Conference<\/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>14-15 May (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.peakevents.org\/KSA-greenenergy\/\" style=\"\">Saudi Arabia Green Energy Week<\/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=\"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>9-13 June (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sdgs.un.org\/conferences\/ocean2025\" style=\"\">UN Ocean Conference<\/a><\/span><span style=\"font-weight:400;\">, Nice, France. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>15-17 June (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sdg.iisd.org\/events\/g7-summit-2025\/\" style=\"\">G7 Summit<\/a><\/span><span style=\"font-weight:400;\">, Kananaskis, Canada. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>16-26 June (Sunday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/unfccc.int\/sb62\" style=\"\">Bonn Climate Change Conference<\/a><\/span><span style=\"font-weight:400;\">, Bonn, Germany. <\/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>30 June-3 July (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/financing.desa.un.org\/ffd4\" style=\"\">International Conference on Financing for Development<\/a><\/span><span style=\"font-weight:400;\">, Seville, Spain. <\/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;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>8-9 September (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/retrofittechqatar.com\/\" style=\"\">Sustainable Buildings and RetrofitTech Qatar Summit<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>9<\/span><span>-11 September (Tuesday- Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/company\/gweccc\/posts\/?feedView=all\" style=\"\">Global Water Energy and Climate Change Congress<\/a><\/span><span>, Manama, Bahrain<\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>9-23 September (Tuesday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sdg.iisd.org\/events\/80th-session-of-the-un-general-assembly-unga-80\/\" style=\"\">UN General Assembly<\/a><\/span><span style=\"font-weight:400;\">, New York City, USA. <\/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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>14-15 October (Thursday-Wednesday)<\/span><span style=\"font-weight:700\">:<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypt-energy.com\/en\/home.html\" style=\"\">Egypt Energy<\/a><\/span><span style=\"font-weight:400;\">, Cairo Egypt<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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 style=\"font-weight:400;\">, Riyadh, KSA<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-30 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/evautoshowonline.com\/\" style=\"\">EV Auto Show<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>4-6 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/social.desa.un.org\/second-world-summit-for-social-development\" style=\"\">World Social Summit<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-21 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sdg.iisd.org\/events\/2025-un-climate-change-conference-unfccc-cop-30\/\" style=\"\">UN Climate Change Conference (COP30)<\/a><\/span><span style=\"font-weight:400;\">, Bel\u00e9m, Brazil. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-23 November (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/g20.org\/event\/g20-leaders-summit\/\" style=\"\">G20 Leaders\u2019 Summit<\/a><\/span><span style=\"font-weight:400;\">, Johannesburg, South Africa.<\/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\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>KSA\u2019s Ma\u2019aden snaps up Alba stake | Dubai to build mega solar project | A slew of green agreements for Egypt | Turkey secures USD bns from AIIB<\/p>\n","protected":false},"featured_media":89277,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-89276","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f9cceef9-9860-4894-9136-de7274fd3c63","teaser":"KSA\u2019s Ma\u2019aden snaps up Alba stake | Dubai to build mega solar project | A slew of green agreements for Egypt | Turkey secures USD bns from AIIB","photo_url":"https:\/\/ent.news\/2024\/4\/715.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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