{"id":89514,"date":"2025-03-28T00:00:00","date_gmt":"2025-03-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=89514"},"modified":"2025-12-15T12:13:40","modified_gmt":"2025-12-15T12:13:40","slug":"masdar-is-on-an-acquisition-spree-in-the-iberian-peninsula","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/masdar-is-on-an-acquisition-spree-in-the-iberian-peninsula\/","title":{"rendered":"Masdar is on an acquisition spree in the Iberian Peninsula"},"content":{"rendered":"<section id=\"89516\" 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=\"89516\">\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\/03\/28\/top-stories-masdar-secures-renewables-assets-in-spain-tunisia-finalizes-agreements-for-500-mw-solar-projects\/\">\r\n                            TOP STORIES: Masdar secures renewables assets in Spain + Tunisia finalizes agreements for 500 MW solar projects                        <\/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\/03\/28\/top-stories-masdar-secures-renewables-assets-in-spain-tunisia-finalizes-agreements-for-500-mw-solar-projects\/\" 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 also have a wide range of debt, investment, renewables, and waste management updates from across the region. But first, an update on South Korea\u2019s climate change-induced wildfires\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPY EID, EVERYONE- Enterprise Climate will be taking a break for Eid Al Fitr starting Monday, <\/strong>but we will be back in your inbox at our usual time with all the latest regional climate industry updates on Friday, 11 April.<\/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>THE BIG STORY ABROAD THIS WEEK-<\/strong> <strong>South <\/strong><strong>Korea<\/strong><strong> is confronting its most devastating <\/strong><strong>wildfires on record<\/strong>, with at least 27 fatalities and about 37k evacuations reported. The blaze \u2014 which began on the eastern coast and quickly spread inland \u2014 has ravaged about 36k hectares, destroying hundreds of historical structures, including the historic Buddhist Gounsa temple. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The usual suspect:<\/strong> \u201cWe can\u2019t say that it\u2019s only due to climate change, but climate change is directly [and] indirectly affecting the changes we are experiencing now. This is a simple fact,\u201d said Yeh Sang-Wook, Climatology professor at Hanyang University in Seoul.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is the world on fire?<\/strong> Los Angeles endured its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d564754e-8d12-40f8-ab1e-17ee821bd816\/\" style=\"\" rel=\"noopener\">most destructive wildfire season<\/a> last January, with at least 25 deaths and over 12k structures destroyed as three major fires ravaged the region. Greece also saw <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0f979bdb-c101-4b06-9784-95ed6604c695\/\" style=\"\" rel=\"noopener\">33 wildfires<\/a> in a single day last year, while Chile <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e1f16a6f-dfc1-459f-b66e-0cf97703d60b\/\" style=\"\" rel=\"noopener\">experienced<\/a> one of its harshest summer last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Wildfires are also a major source of greenhouse gas emissions, <\/strong>with Canada\u2019s 2023 wildfires <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8a6e9d0a-9151-414c-b5d3-ab79b1d8b440\/today:-lots-of-waste-management-news-%2B-acwa,-indonesia-ink-a-floating-solar-ppa\" style=\"\" rel=\"noopener\">releasing two bn tons of CO2<\/a> to the atmosphere.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/death-toll-south-korea-wildfires-rises-15-yonhap-says-2025-03-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/south-korea-wildfires-dead-ee28d61627d2c7de7cc1d421b65b08fd\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/mar\/27\/south-korea-fires-death-toll-rises-worst-in-history\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/live\/c4g9nzg9nppt\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cbc.ca\/news\/world\/south-korea-deadly-wildfires-1.7494619\" style=\"\" rel=\"noopener\">CBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/south-korea-wildfires-now-largest-and-deadliest-on-record\/a-72053251\" style=\"\" rel=\"noopener\">DW<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CORRECTION- <\/strong>In a recent story about a planned USD 700 mn solar factory, we got a little lost in translation and mistakenly wrote that the company was called Xinyi Glass. The company is in fact called SBH Kibing Solar New Energy. The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a0dc8f28-3ab0-4999-be1f-b80400b37fca\/india%25e2%2580%2599s-sterlite-power-proposes-multi-bn-usd-investments-in-egypt%25e2%2580%2599s-energy-infrastructure\" style=\"\" rel=\"noopener\">story<\/a> has been amended on our website.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WHAT WE\u2019RE TRACKING REGIONALLY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- China\u2019s Chery Automobile is planning to invest USD 1 bn in an electric <\/strong><strong>vehicle plant in Turkey,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-26\/turkey-expects-chery-to-sign-1-billion-ev-plant-deal\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Wednesday, citing an Industry Ministry statement. The Ministry is in talks with the automaker for a plant near the Black Sea in Samsun with the capacity to produce 200k vehicles annually for exports to Europe and Central Asia. Some 1.5 mn sqm have been allocated for the plant. No timeline was disclosed for the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey\u2019s EV industry is booming: <\/strong>China\u2019s Ganfeng Lithium Group signed a USD 500 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/09e5850f-7b88-4c99-b33e-580946976c8b\/morocco-%2B-turkey-to-each-get-a-new-lithium-battery-factory\" style=\"\" rel=\"noopener\">joint<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/09e5850f-7b88-4c99-b33e-580946976c8b\/morocco-%2B-turkey-to-each-get-a-new-lithium-battery-factory\" style=\"\" rel=\"noopener\">venture agreement<\/a> last August with Turkish battery producer Y\u0130\u011e\u0130T AK\u00dc to establish a 5 GWh lithium battery production plant in Turkey. The month prior, Chinese EV maker BYD signed an agreement with the Turkish government to build a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/036d43a7-abf8-4f05-b5aa-089dbed2c88a\" style=\"\" rel=\"noopener\">USD 1 bn EV and hybrid production plant<\/a> in the country. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- China\u2019s EV industry\u2019s been on an offshoring push: <\/strong>Chinese automakers are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6a2f95cd-31c5-43ca-b91c-6b63852e2036\/today:-icd-invests-in-a-turkey-solar-project-%2B-cop29-releases-final-declarations-and-pledges-text\" style=\"\" rel=\"noopener\">rapidly increasing their investments<\/a> in overseas full-process manufacturing capacity to bypass punitive <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b843e3c4-0ae2-4edf-96c8-a80fd9d1e27f\/today:-uae%25e2%2580%2599s-taqa-drums-up-green-financing-%2B-oman%25e2%2580%2599s-ffo-details-initial-investments-in-clean-energy\" style=\"\" rel=\"noopener\">EV tariffs<\/a> and meet rising demand in emerging markets. Leading Chinese brands, including BYD, Chery, and SAIC, have announced 10 projects to expand overseas production capacity so far in 2023, with Thailand, Indonesia, and Brazil as major destinations.<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>IN OTHER ELECTRIC MOBILITY NEWS- <\/strong><strong>Abdel <\/strong><strong>Latif Jameel<\/strong><strong>-backed Rivian is launching an electric micromobility venture<\/strong><strong> called Also<\/strong>, the new company\u2019s head Chris Yu told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-26\/rivian-spins-out-startup-focused-on-micromobility-evs-rivn?srnd=phx-green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> on Wednesday. The new company is starting off with USD 105 mn in funding from Rivian and VC firm Eclipse \u2014 with Rivian holding a minority stake \u2014 and will focus on small, short-distance travel EVs. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>The plans:<\/strong> Also hasn\u2019t disclosed which models it plans to roll out, but said its platform will support e-bikes and compact three- and four-wheeler EVs, with plans to roll out a flagship product this fall, Bloomberg reports. The company plans to begin deliveries in the US in 2026, with an expansion into Europe planned for later that year. The firm is also eyeing a second phase of growth targeting Asian and Latin American markets. <\/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>Could <\/strong><strong>an IPO be on the cards for Masdar?<\/strong> The renewables giant is reportedly in the early stages of considering an IPO, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/uae-renewables-firm-masdar-weighs-possible-ipo-sources-say-2025-03-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Tuesday, citing three unnamed sources with knowledge of the matter. Masdar, however, responded to the outlet\u2019s questions, saying it \u201chas no current plans to go public,\u201d and wouldn\u2019t comment on \u201cmarket speculation\u201d whilst it \u201c[targets] continued ambitious growth.\u201d One of the sources added that the company has held informal talks with banks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timeline:<\/strong> A potential IPO would not happen before 2026, the outlet reports, citing a source. Abu Dhabi is likely going to be the chosen listing destination, but a dual listing on the New York Stock Exchange is also a possibility, another source said. Funds brought in through a public offering would go towards its renewable projects, as it looks to hit its 100 GW renewables target.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> <\/strong><strong>ALSO FROM THE UAE- Tabreed\u2019s <\/strong><strong>shareholders <\/strong><strong>authorised the board to issue non <\/strong><strong>convertible bonds or sukuk worth up to USD 2 bn over the next 12 months<\/strong> as it looks to refinance debt including USD 1.2 in loans set to mature during this year, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/2158.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> sent to the bourse on 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\u2019s board was set to seek shareholder approval on 25 March to issue up to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c82d5c9-4dc0-4ed0-8e36-1c0296189e57\" style=\"\" rel=\"noopener\">USD 2 bn<\/a> in an additional non-convertible issuance as part of its refinancing plans.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tabreed is on a roll: <\/strong>Tabreed\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c82d5c9-4dc0-4ed0-8e36-1c0296189e57\" style=\"\" rel=\"noopener\">USD 700 mn green sukuk issuance<\/a>, which wrapped earlier this month with 2.6x oversubscribtions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Egyptian Gov\u2019t pauses approvals for solar grid connections: <\/strong>The Egyptian Electric Utility and Consumer Protection Regulatory Agency (Egyptera) has temporarily halted the acceptance of requests to connect solar power plants to the grid until a regulatory framework for net metering and solar self-consumption is finalized, a government source told EnterpriseAM on Tuesday. Solar energy companies have expressed concern over the suspension, with several sources telling us the decision came out of the blue and wasn\u2019t accompanied by a timeline for resumption.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The regs in the making: <\/strong>The upcoming regulations will include a requirement for storage batteries to constitute 10% of installed capacity, a measure aimed at enhancing added value and aligning Egypt with global solar energy storage trends, the government source said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The impact is far-reaching: <\/strong>The suspension has left contracts signed by 270 registered solar companies and other unregistered service providers in limbo, with many already fronting the costs of solar panel imports, Beneshty Solar Chairman Romany Hakeem told us. Cairo Solar \u2014 also a provider of green energy to factories \u2014 has said it received \u201cincreasing complaints\u201d from stakeholders surprised by the move, adding that the halt \u201chas caused significant problems for solar energy companies, which have obligations and contracts with customers, including factory owners,\u201d according to a press release.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The World Bank is reviewing a request from the Jordanian government for up to USD 200 <\/strong><strong>mn in financing to support the electricity sector\u2019s efficiency<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.almamlakatv.com\/news\/164833-\" style=\"\" rel=\"noopener\">Al Mamlaka<\/a> reported on Sunday, citing a bank document. The proposed funding would support the country\u2019s <strong><a target=\"_blank\" href=\"https:\/\/documents.worldbank.org\/en\/publication\/documents-reports\/documentdetail\/099032025093512967\" style=\"\" rel=\"noopener\">Electricity Sector Efficiency & Reliability Program<\/a><\/strong> (ESERP) \u2014 a two-phase, eight-year program that focuses on cost-efficiency, grid reliability, and institutional governance reforms at the state-owned grid operator National Electric Power Company (NEPCO). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where is the money going? <\/strong>If approved, the funds would go toward reducing NEPCO\u2019s operational losses, cutting outages per customer, maintaining the country\u2019s renewable energy share, and upgrading the company\u2019s operational tech and cybersecurity standards. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Won\u2019t be the first helping hand from the bank: <\/strong>Jordan and the World Bank (WB) have signed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7a9cf804-3e5c-4de2-a194-340aa42d3ac0\/\" style=\"\" rel=\"noopener\">two loan agreements<\/a> worth USD 650 mn to finance two projects in 2023, including USD 250 mn that went for supporting the ESERP. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>#5- <\/strong><strong>Oman <\/strong><strong>lays groundwork for CO2 pipeline network: <\/strong>OQ Gas Networks (OQGN) \u2014 Oman\u2019s state-backed gas transmission system operator \u2014 is exploring developing a dedicated CO2 pipeline network to support Oman\u2019s decarbonization efforts, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1168072\/business\/energy\/trailblazer-projects-status-for-3-ccus-ventures-in-oman\" style=\"\" rel=\"noopener\">Oman Observer<\/a> reported on Sunday. The company has begun early-stage planning of the infrastructure and is working with energy players and public-sector bodies to lay the groundwork for \u201ctrailblazer projects\u201d based on carbon capture, utilization, and storage (CCUS). OQGN, a subsidiary of OQ Group, will lead on the transport aspect of these projects. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>A CCUS dream team: <\/strong>The Energy and Minerals Ministry is also drafting regulations and policies for CCUS and blue hydrogen with input from sector stakeholders, with a CCUS Core Team formed to coordinate efforts and attract investments. The team includes Oxy Oman (carbon capture), OQGN (transport), Petroleum Development Oman (carbon storage), Shell (blue hydrogen and synthetic fuels), and the Ministry itself (carbon utilization and foreign investment). <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>ICYMI- <\/strong>OQGN is working with Shell, OQ, and PDO on the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/28ab2308-1429-4cde-9518-571e0b4f7951\/\" style=\"\" rel=\"noopener\">pre-FEED phase of the Blue Horizon<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/28ab2308-1429-4cde-9518-571e0b4f7951\/\" style=\"\" rel=\"noopener\">project<\/a> \u2014 the first large-scale effort in Oman to produce low-carbon blue hydrogen and ammonia for both export and domestic use. OQGN also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a0fb1c17-d354-40d9-bb11-06c61a10c7e2\/\" style=\"\" rel=\"noopener\">teamed up with Oxy<\/a> back in October 2023 to conduct studies for establishing CCUS projects in the sultanate. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\">\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 European Commission has adopted a list of 47 Strategic Projects aimed at <\/strong><strong>boosting the critical raw materials value chain, <\/strong>with an estimated combined capital investment of EUR 22.5 bn, according to a <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_25_864\" style=\"\" rel=\"noopener\">press release<\/a> issued on Tuesday. The projects will be part of the <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_23_5733\" style=\"\" rel=\"noopener\">Critical Raw Materials Act<\/a> (CRMA), which sets targets to extract 10%, process 40%, and recycle 25% of the EU\u2019s annual consumption of raw materials by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Full value chain:<\/strong> The projects are located across 13 EU member states and cover multiple segments of the raw materials value chain, including 25 extraction projects, 24 processing projects, 10 recycling projects, and 2 substitution projects. They address 14 of the 17 strategic raw materials identified in the CRMA, including 22 projects related to lithium, 12 to nickel, 10 to cobalt, 7 to manganese, and 11 to graphite \u2014 all essential for the EU\u2019s battery supply chain. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Vingroup <\/strong><strong>to venture into green energy with a bang:<\/strong> Vietnamese conglomerate Vingroup \u2014 the parent company of EV maker Vinfast \u2014 is working on government approvals for its first venture into renewable energy projects under a national power development plan, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/vietnams-vingroup-plans-renewables-lng-power-ventures-state-media-reports-2025-03-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Tuesday. The company\u2019s push will include projects of up to 20.5 GW clean energy capacity at an investment cost between USD 20-25 bn, with 2030 earmarked for the beginning of operations. No further details on the project types or locations have been disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>China <\/strong><strong>is tapping<\/strong> <strong>global <\/strong><strong>banks for its CNY-denominated sovereign green bond issuance in <\/strong><strong>London<\/strong>, with the aim of raising as much as CNY 6 bn (c.USD 830 mn), a person familiar with the matter told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-21\/china-starts-marketing-debut-sovereign-green-bonds-in-london?srnd=phx-green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> last week. The Bank of China, Bank of Communications, Barclays, China International Capital Corp, Credit Agricole CIB, HSBC, ICBC, and Standard Chartered have all been tapped as joint lead managers and bookrunners. A fixed-income investor conference will kick off on 1 April in London ahead of the sale of the three-year and five-year bonds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand predictions are hazy: <\/strong>The offering is expected to attract global ESG funds, many of which have historically been limited to USD- or EUR-denominated bonds, Bloomberg added. Analysts say investor appetite will hinge on whether proceeds are deployed in line with global sustainability standards, but some investors \u2014 particularly those from Europe \u2014 are likely to scrutinize the use of proceeds amid broader concerns about transparency and governance in China, Bloomberg reported.<\/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- <\/strong><strong>Renewable<\/strong><strong>s <\/strong><strong>capacity jumped in 2024: <\/strong>The world added 585 GW of renewable energy capacity in 2024 \u2014 an increase of 15% \u2014 bringing total installed capacity to 4.4 TW, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/2184.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> issued on Wednesday by the International Renewable Energy Agency. Despite the growth, the pace remains insufficient to hit the Paris agreement target of 11.2 TW in renewables by 2030. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Solar and wind remained the heavy lifters in 2024<\/strong>, jointly accounting for 96.6% of all new renewable capacity. Solar alone added 452 GW \u2014 bringing total solar capacity to 1.9 TW \u2014 while wind added 113 GW, reaching 1.1 TW in total. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Middle East registered a 9% rise with 3.3 GW added<\/strong>, half of which came from Saudi Arabia alone, reaching 40 GW in total capacity region-wide. Africa added 4.2 GW \u2014 up 6.7% \u2014 with Egypt, Ethiopia, and South Africa leading. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Morocco\u2019s <\/strong><strong>solar capacity could peak at 4.35 GW by 2028 due to ongoing rapid expansion<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/1801.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> by industry group SolarPower Europe. A less optimistic projection \u2014 the medium scenario \u2014 forecasts a more tempered 2.97 GW capacity by 2028. The kingdom\u2019s inconsistent progress toward boosting its PV capabilities is attributed to grid integration issues, a focus on concentrated solar panels (CSPs), and delays in PV projects, the report added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>The <\/strong><strong>GCC electric vehicle market is set to grow 22.3% per year until 2034<\/strong>, reaching a value of USD 10.44 bn compared to USD 1.62 bn in 2024, according to the <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/6053081\/gcc-electric-vehicle-market-report-forecast#src-pos-1\" style=\"\" rel=\"noopener\">GCC Electric Vehicle Market Report and Forecast 2025-2034<\/a>. The growth will be driven by government support, a growing supply of EV models to regional markets, and the increased development of charging infrastructure. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of a global trend: <\/strong>Global sales of EVs are expected to see a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c207ef2e-0181-4db7-ae64-f572d38a7d0b\/today:-masdar-closes-saeta-acquisition-%2B-dp-world-issues-mena%25e2%2580%2599s-first-blue-bond\" style=\"\" rel=\"noopener\">30% y-o-y increase<\/a> in 2025, reaching 15.1 mn units. This will bring EVs\u2019 share of global light vehicle sales to about 16.7%, up from 13.2% in 2024. This comes despite the challenges facing the EV industry, including cooling demand in some regions, higher costs, unstable battery supply chains, tariffs, and uncertain government policies.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<br \/><strong>YOU\u2019RE READING EnterpriseAM Climate, the essential MENA publication for senior <\/strong><strong>execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out on Fridays by 9am in Cairo and Riyadh and 11am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Climate is available without charge <\/strong>thanks to the generous support of our friends at HSBC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Climate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">MENA<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics industry<\/a> ?<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;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 six product sectors, including smart solutions, transmissions and distribution, renewable and clean energy, critical and backup power, energy consumption and management, batteries, 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>Turkey will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/solarexistanbul.com\/en\/\" style=\"\" rel=\"noopener\">International SolarEX Istanbul Fair<\/a><\/strong><strong> from Thursday, 10 April <\/strong><strong>until Saturday, 12 April<\/strong> in Istanbul. The event will bring together investors from 125+ countries along with over 200 world-renowned companies and 500+ brands in the solar sector. The fair will feature firm conferences and seminars covering financing, investment, and production in the solar industry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.karbonzirvesi.com\/iletisim\/\" style=\"\" rel=\"noopener\">Istanbul Carbon Summit<\/a><\/strong><strong> from Monday, 14 April until Tuesday,<\/strong><strong> 15 April in Istanbul.<\/strong> The event, themed \u201c Sustainable Solutions on the Path to Decarbonization and the Power of Green Finance,\u201d will discuss low-carbon solutions and renewable energy technologies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia <\/strong><strong>will<\/strong><strong> host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/resaudiarabia.com\/\" style=\"\" rel=\"noopener\">Green Energy Summit 2025<\/a><\/strong><strong> from Tuesday, 15 April until <\/strong><strong>Wednesday, 16 April <\/strong>in Riyadh<strong>.<\/strong> The event will discuss the regulatory environment, development projects updates, technological advancements and cost reductions, international collaboration and investment, national hydrogen initiative, hydrogen fueling stations, and more. <\/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\/carbon-storage\/\">CARBON STORAGE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            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href=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/masdar-is-on-acquisition-roll-in-the-iberian-peninsula\/\">\r\n                            Masdar is on acquisition roll in the Iberian Peninsula                        <\/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\/03\/28\/masdar-is-on-acquisition-roll-in-the-iberian-peninsula\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n 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data-attachment-id=\"89520\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/masdar-is-on-acquisition-roll-in-the-iberian-peninsula\/2276-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2276.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2276.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2276.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2276.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89519\" class=\"content-area-description single-story post-89519 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-abu-dhabi-national-energy-company tag-aramco tag-enterpriseclimate tag-ma-watch tag-masdar tag-renewables tag-saudi-arabia tag-solar-energy 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\/3\/.5b03c3e4-9fb3-4d4b-b375-0d23bba92e59.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Masdar has embarked on a streak of acquisitions in the Iberian Peninsula, <\/strong>finalizing two acquisitions in Spain and reportedly lining up another one in Portugal. The acquisitions come as part of the renewables major\u2019s expansion push, targeting 100 GW of global capacity by 2030. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Here\u2019s a rundown:<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- A solar PV project in Spain\u2019s Valencia:<\/strong> Masdar\u2019s Iberian platform Saeta Yield has closed the acquisition of a 234 MW Valle Solar PV project with an undisclosed investment ticket, according to a <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/masdar-completes-the-acquisition-of-valle-solar\" style=\"\" rel=\"noopener\">press release<\/a> issued on Thursday. The project \u2014 located in the Valencia region \u2014 could see a potential addition of a 259 MW battery energy storage system.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the plant: <\/strong>The solar plant \u2014 which was marketed by a joint venture between Genia Solar Energy and Solar Ventures \u2014 will be located in the municipalities of Ayora, Jarafuel and Zarra. Operations are set to begin in the first half of 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Advisors: <\/strong>Finegreen, EY, Watson Farley & Williams, and G-advisory advised Solar Ventures and Genia Solar in the transaction, while Solida, Broseta, and P\u00e9rez-Llorca were Saeta\u2019s advisers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Masdar finalized its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6907953c-b753-48b4-9a3f-15b13ab05181\" style=\"\" rel=\"noopener\">EUR 1.2 bn acquisition<\/a> of Spanish renewables firm Saeta from Brookfield Renewable in December, adding then 1.6 GW of a renewables pipeline to its portfolio. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- A minority stake in Spanish Endesa\u2019s solar plants: <\/strong>UAE\u2019s Renewables giant Masdar inked an agreement to acquire a strategic minority stake of 49.99% in four solar assets owned by Spanish utility firm Endesa for a cash consideration of EUR 184 mn, according to <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/masdar-to-expand-endesa-partnership-in-368-million-euros-renewable-energy-transaction\" style=\"\" rel=\"noopener\">a joint statement<\/a> issued on Monday. The target assets boast a capacity of 446 MW, and have an enterprise value of EUR 368 mn. The transaction is subject to regulatory approvals. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9c24ce31-5425-428c-b44b-1ae80068a449\/%253cmark%253emasdar%253c%2Fmark%253e-in-talks-to-acquire-minority-stake-in-endesa%25e2%2580%2599s-solar-portfolio\" style=\"\" rel=\"noopener\">Reuters<\/a> broke the news last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where\u2019s the money coming from? <\/strong>The acquisition will be partially funded via acquisition financing from BNPP, Santander, Intesa Sanpaolo, ADCB, and FAB. Lenders were advised by Ashurst. This implies that the part of the purchase will be financed through Masdar\u2019s internal resources.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the last dance: <\/strong>Last month, Masdar and Endesa\u2019s owner Enel Group inked an MoU to explore potential renewable energy opportunities in Italy, Spain, and Germany, and other markets, the statement reads.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Masdar enlisted BNPP as its advisor, Linklaters as legal advisor, UL as technical advisor, and PwC as its tax advisor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Up to 600 MW assets in Portugal are also in the mix:<\/strong> The UAE player is also reportedly looking to acquire an undisclosed stake in TotalEnergies\u2019 Portuguese renewable assets, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/masdar-weighs-buying-stake-totalenergies-portuguese-renewables-sources-say-2025-03-21\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing three sources it says have knowledge of the matter. The potential purchase would take place through <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6907953c-b753-48b4-9a3f-15b13ab05181\/\" style=\"\" rel=\"noopener\">Masdar\u2019s subsidiary Saeta Yield<\/a>, one source said. TotalEnergies has about 600 MW of installed renewable capacity in Portugal, the newswire said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of a long line of European acquisitions:<\/strong> Masdar finalized a 49.99% stake acquisition in EGPE Solar \u2014 an Endesa subsidiary with a 2 GW capacity \u2014 for EUR 817 mn and an equity value of EUR 280 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/277a4369-02bf-480d-bc53-dce2b37cffac\/\" style=\"\" rel=\"noopener\">last December<\/a>. Last year also saw it bolster its European portfolio by acquiring 1.6 GW worth of renewables through the acquisition of Spanish renewables firm Saeta Yield, in addition to a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0469862d-39f3-4eaf-bad2-9023d0d166fd\/\" style=\"\" rel=\"noopener\">70% stake<\/a> in Greece\u2019s Terna Energy, and a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a7fc2bb6-60de-457c-94a4-51cb2b9ad26d\" style=\"\" rel=\"noopener\">49% stake<\/a> in the UK\u2019s 3 GW Dogger Bank. Across the pond, it also bought <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8bccb3df-09eb-45a3-9c6c-9e9568c60978\/\" style=\"\" rel=\"noopener\">50% of Terra-Gen Power Holdings<\/a>, a US renewable energy producer.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MORE FROM THE UAE-<\/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>is said to be eyeing Multiply Group\u2019s district cooling<\/strong><strong> unit Pal Cooling <\/strong><strong>Holding<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/tabreed-exploring-bid-multiplys-district-cooling-business-sources-say-2025-03-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Tuesday, citing two people it says are familiar with the matter. Bloomberg reported earlier this month that ADX-listed investment firm Multiply Group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e40107af-0441-4f77-99d6-4db18730f87a\/%253cmark%253emultiply%253c%2Fmark%253e-group-mulls-sale-of-district-cooling-unit\" style=\"\" rel=\"noopener\">is mulling the sale of Pal<\/a> in a transaction that could value the unit at USD 1 bn. There\u2019s no publicly available information about how much Tabreed is looking to acquire in Pal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Tabreed reportedly tapped Citi for the potential acquisition, while Standard Chartered is said to be the sell-side advisor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Tabreed also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e40107af-0441-4f77-99d6-4db18730f87a\/multiply-group-mulls-sale-of-district-cooling-unit\" style=\"\" rel=\"noopener\">acquired<\/a> an 80% stake in Emaar Properties\u2019 district cooling unit in 2020.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Abu <\/strong><strong>Dhabi\u2019s Taqa is reportedly in talks with Spanish gas producer and renewables <\/strong><strong>player Naturgy\u2019s largest shareholder to revive acquisition talks<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-24\/uae-s-taqa-is-said-to-have-approached-criteria-on-naturgy-deal?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Monday, citing sources familiar with the matter. Taqa Chairman Mohamed Hassan Alsuwaidi met with an executive of Naturgy\u2019s shareholder, Criteria Caixa, in Spain. Criteria Caixa currently owns a 26.7% stake in the company.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher:<\/strong> Taqa had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b54e6087-d104-416e-9644-4d2426dbe6b6\/\" style=\"\" rel=\"noopener\">pulled the plug<\/a> on talks with Criteria Caixa in June last year, after speculations that the potential acquisition could meet resistance amid a rising wave of protectionism in the EU, which would have prompted the Spanish government to negotiate maintaining a stake. The company was then reportedly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e34b335b-20b6-4bc6-a26b-ee9f98d2aea2\/\" style=\"\" rel=\"noopener\">eyeing a 40% stake<\/a> in the firm, which would have required it to launch a mandatory tender offer (MTO) for 100% of the company, since Spanish law dictates that any offer to buy more than 30% of a company automatically triggers an MTO requirement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The same sticking points remain: <\/strong>One of Bloomberg\u2019s sources said that Naturgy\u2019s shareholders are open to a sale, provided it\u2019s only of a minority stake, and the Algerian government \u2014 which at the time of the initial talks was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d345d79f-a1bb-45a6-8fbe-1319a5052ffd\/\" style=\"\" rel=\"noopener\">considering blocking<\/a> the transaction to protect its stake in the company \u2014 is on board. Naturgy owns two pipelines that carry fuel from Algeria to Spain. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Emirati investors are among those in talks to buy up to 30% of Canadian mining firm<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.hudbayminerals.com\/\" style=\"\" rel=\"noopener\">Hudbay Minerals<\/a><\/strong> <strong> \u2019 flagship <\/strong><strong><a target=\"_blank\" href=\"https:\/\/hudbayminerals.com\/united-states\/default.aspx\" style=\"\" rel=\"noopener\">Copper World project<\/a><\/strong> <strong> in Arizona within six months<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-20\/hudbay-sees-saudi-uae-and-japanese-interest-in-us-copper-stake\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week. Saudi Arabia\u2019s Manara Minerals Investment Company and Japanese trading houses are also interested in an acquisition, CEO Peter Kukielski told Bloomberg last November.<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>The mine: <\/strong>The Copper World project mine had proven reserves of 385.1 mn as of 1 January 2024, according to Hudbay\u2019s <a target=\"_blank\" href=\"https:\/\/hudbayminerals.com\/united-states\/default.aspx\" style=\"\" rel=\"noopener\">website<\/a>, and it expects the 85k metric tons per year capacity project to up its annual copper production by over 50%, Bloomberg reported.<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>This <\/strong><strong>comes amid increasing Emirati interest in mining and critical minerals<\/strong>, with ADQ and Orion launching a USD 1.2 bn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8155bd51-b374-4949-9bff-10bc7016cdd6\/\" style=\"\" rel=\"noopener\">critical mineral-focused JV<\/a>, UAE-based Ambrosia Investments <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/70fa571d-f028-4012-afcf-dd55c8e4e318\/ambrosia-acquires-50%2525-of-allied%25e2%2580%2599s-mali-gold-mines\" style=\"\" rel=\"noopener\">acquiring 50%<\/a> of Allied\u2019s Mali mine operations, and state-owned IRH <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/347bc34b-966b-476c-bea5-2ac0e248f010\/irh-eyes-investment-in-alphamin%25e2%2580%2599s-bisie-tin-mining-site\" style=\"\" rel=\"noopener\">eyeing a stake<\/a> in Alphamin Resources. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\">\n<p class=\"tag-border-left\">OTHER REGIONAL M&A UPDATES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aramco <\/strong><strong>completed the acquisition of a 50% stake in Jubail-based Blue Hydrogen <\/strong><strong>Industrial Gases Company (BHIG) from its sole owner Air Products Qudra (APQ)<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/www.aramco.com\/en\/news-media\/news\/2025\/aramco-completes-acquisition-of-50-percent-stake-in-blue-hydrogen-industrial-gases-company\" style=\"\" rel=\"noopener\">a joint statement<\/a> released on Monday. BHIG is expected to use Aramco\u2019s carbon capture and storage (CCS) hub in Jubail to commence commercial production. The size of the transaction wasn\u2019t made public. It\u2019s noteworthy that APQ is a joint venture between US industrial gas supplier <a target=\"_blank\" href=\"https:\/\/www.airproducts.com\/\" style=\"\" rel=\"noopener\">Air Products<\/a> and local energy startup <a target=\"_blank\" href=\"https:\/\/www.qudraenergy.com\/\" style=\"\" rel=\"noopener\">Qudra Energy<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER-<\/strong> The state-owned oil kingpin inked the final agreements for the transaction in July 2024, and expects its investment in BHIG to help create a lower-carbon hydrogen network in the Eastern Region that would serve local and regional customers in the refining, chemical, and petrochemical industries. It also said it will have the option to offtake hydrogen and nitrogen from BHIG. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cAramco\u2019s investment in BHIG is expected to contribute to the development of a hydrogen network in the Kingdom of Saudi Arabia\u2019s Eastern Province. This network, along with our CCS hub in Jubail, can help us capitalize on emerging opportunities both domestically and globally to reduce carbon emissions, support growth, and diversify our energy portfolio,\u201d said Ashraf Al Ghazzawi, Aramco executive vice president. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Aramco\u2019s share price rose 0.38% to SAR 26.75 apiece at yesterday\u2019s close, with 7.54 mn shares traded in volume, according to <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/reports-publications\/historical-reports\/!ut\/p\/z1\/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziTR3NDIw8LAz8DTxCnA3MDILdzUJDLAyNXE30I4EKzHEqMDTTD9aP0o8qTs1JTS5JTfFNLMpOLdGP9HX09EMWd80rySyp1I80AgL9cEJGFmQnJlWlVToCAIqKZ6o!\/#Z7_5A602H80O0HTC060SG6UT81216\" style=\"\" rel=\"noopener\">market data<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/abu-dhabi-national-energy-company\/\">Abu Dhabi National Energy Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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\/tabreed\/\">Tabreed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89521\" 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=\"89521\">\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\">WASTE MANAGEMENT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/miahona-lands-sar-1-bn-wastewater-plant-upgrade-contract-from-modon\/\">\r\n                            Miahona lands SAR 1 bn contract from Modon to upgrade Jeddah industrial wastewater plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div 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      <\/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\/03\/28\/miahona-lands-sar-1-bn-wastewater-plant-upgrade-contract-from-modon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1805.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89522\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/miahona-lands-sar-1-bn-wastewater-plant-upgrade-contract-from-modon\/1805-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1805.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1805.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1805.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1805.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89521\" class=\"content-area-description single-story post-89521 post type-post status-publish format-standard has-post-thumbnail hentry category-waste-management tag-enterpriseclimate tag-modon-holding tag-saudi-arabia tag-waste-management tag-wastewater-treatment 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\/3\/.a7a20557-b599-449a-b02f-7bcfd3fd934f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Miahona to upgrade Jeddah industrial wastewater plant: <\/strong>Riyadh-based water infrastructure player <a target=\"_blank\" href=\"https:\/\/www.miahona.com\/\" style=\"\" rel=\"noopener\">Miahona<\/a> secured a SAR 1 bn rehabilitation, operation, and transfer (ROT) contract from the Saudi Authority for Industrial Cities and Technology Zones (Modon) to upgrade and manage the industrial wastewater treatment plant in Jeddah\u2019s 1st Industrial City, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86052&anCat=1&cs=2084&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a> released on Wednesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The 25-year service agreement covers system rehabilitation, construction, operation, maintenance, and management, including overseeing external network maintenance, wastewater treatment, and fee collection.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More in Miahona\u2019s pipeline: <\/strong>Miahona is part of a consortium contracted for the construction of the SAR 1.5 bn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/68225443-e458-4a9f-ad19-c4d77a54f9b1\/\" style=\"\" rel=\"noopener\">Al Haer sewage treatment plant<\/a> project. The plant will treat 200k cubic meters daily and features a 32 km treated sewage effluent (TSE) system with a 400k cubic meter daily 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\/modon-holding\/\">Modon Holding<\/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\/waste-management\/\">waste management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wastewater-treatment\/\">wastewater treatment<\/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=\"89523\" 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=\"89523\">\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\/03\/28\/tunisia-finalizes-agreements-for-four-solar-projects\/\">\r\n                            Tunisia finalizes agreements for four solar projects                        <\/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\/03\/28\/tunisia-finalizes-agreements-for-four-solar-projects\/\" 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\/03\/28\/tunisia-finalizes-agreements-for-four-solar-projects\/')\">\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\/03\/28\/tunisia-finalizes-agreements-for-four-solar-projects\/\">\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=Tunisia finalizes agreements for four solar projects&url=https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/tunisia-finalizes-agreements-for-four-solar-projects\/\">\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\/03\/28\/tunisia-finalizes-agreements-for-four-solar-projects\/&title=Tunisia finalizes agreements for four solar projects\">\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=Tunisia+finalizes+agreements+for+four+solar+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F03%2F28%2Ftunisia-finalizes-agreements-for-four-solar-projects%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\/03\/28\/tunisia-finalizes-agreements-for-four-solar-projects\/\">\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=\"89524\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/tunisia-finalizes-agreements-for-four-solar-projects\/2536-jpg-9\/\" 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-89523\" class=\"content-area-description single-story post-89523 post type-post status-publish format-standard has-post-thumbnail hentry category-renewables tag-enterpriseclimate tag-renewables tag-scatec tag-solar-energy tag-tunisia tag-wind-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.6da8076c-d181-4aa6-807e-dd8f7b36a3e9.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Tunisia has signed <\/strong><strong>implementation agreements for four solar photovoltaic projects with <\/strong><strong>a combined capacity of 500 MW<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/16GTjAWw7M\/\" style=\"\" rel=\"noopener\">statement<\/a> issued on Monday. The projects \u2014 the first phase of the country\u2019s 1.7 GW renewable energy tender program under a concession scheme \u2014 are worth some TND 2.2 bn (c.USD 708 mn), according to a separate <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/TVN.Tunisie\/videos\/661162816658479\" style=\"\" rel=\"noopener\">statement (watch, runtime 2:59)<\/a>. The projects are slated to come online in 2027, generate around 1.1 TWh of electricity annually to supply 5% of the country\u2019s power needs, all while cutting 250k tons of gas use annually and saving USD 125 mn in gas import costs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The developers:<\/strong> French renewable firm Qair <a target=\"_blank\" href=\"https:\/\/www.qair.energy\/news\/tunisia-qair-signs-project-agreements-with-the-tunisian-government-for-the-launch-of-the-gafsa-and-el-khobna-photovoltaic-power-plants\/\" style=\"\" rel=\"noopener\">signed power purchase agreements for<\/a> two plants \u2014 one with 100 MW capacity in El Ksour (Gafsa) and another 200 MW in Khebnah (Sidi Bouzid). France\u2019s Voltalia will carry out a 100 MW project in Manzel Habib (Gabes). Norwegian firm Scatec \u2014 in partnership with Japan\u2019s Aeolus \u2014 will develop a 100 MW facility in Mezzouna (Sidi Bouzid).<\/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> Tunisia <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9f519bd9-add9-4ed1-924c-87324081d6b5\/\" style=\"\" rel=\"noopener\">awarded the contracts<\/a> for the four photovoltaic projects in the first phase of its 1.7 GW call for tenders in December last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wait\u2026there\u2019s a new tender open: <\/strong>Tunisia started receiving bids on 25 March for the first round of its second wind energy tender offering two wind energy projects, each with 75 MW capacity, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- More details on the Scatec-Aeolus project:<\/strong> Scatec signed a 25-year power purchase agreement with Tunisia\u2019s state utility STEG for the Sidi Bouzid project that the company is co-developing with Aeolus, according to a <a target=\"_blank\" href=\"https:\/\/scatec.com\/2025\/03\/24\/scatec-signs-25-year-ppa-in-tunisia-for-a-120-mw-solar-plant\/\" style=\"\" rel=\"noopener\">statement<\/a> issued on Tuesday. The project\u2019s total capex is estimated at EUR 87 mn, with Scatec set to serve as the EPC provider and cover around 85% of the EPC costs. Scatec is also currently in talks to secure debt financing, with more details of the financing expected to be finalized by 2H 2025. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- It isn\u2019t the first venture for the duo in Tunisia:<\/strong> The EBRD and France\u2019s Proparco <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4ab3e8e6-a02c-4355-8897-16bb5cd0a902\" style=\"\" rel=\"noopener\">agreed in August to lend<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4ab3e8e6-a02c-4355-8897-16bb5cd0a902\" style=\"\" rel=\"noopener\">EUR 25 mn<\/a> to Scatec and Aeolus for the construction of two solar plants also in Sidi Bouzid and Tozeur, with 60 MW each. The EBRD later followed up in December with a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/07af9886-bb7d-4c6a-a1fb-637f456b7677\/\" style=\"\" rel=\"noopener\">EUR 20 mn equity bridge<\/a> loan for support. Scatec and Aeolus <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ebf47ba1-ae32-477e-b4a6-de44abb8b9f1\/\" style=\"\" rel=\"noopener\">broke ground<\/a> on the Tozeur plant in September, with operations slated by year-end. <\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/scatec\/\">Scatec<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tunisia\/\">Tunisia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"89525\" 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=\"89525\">\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\">WASTE TO ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/iraq-breaks-ground-on-first-waste-to-energy-plant-with-usd-500-mn-ticket\/\">\r\n                            Iraq breaks ground on first waste-to-energy plant with USD 500 mn ticket                        <\/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\/03\/28\/iraq-breaks-ground-on-first-waste-to-energy-plant-with-usd-500-mn-ticket\/\" 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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Construction on the USD 500 mn plant \u2014 to be <a target=\"_blank\" href=\"https:\/\/www.iraq-businessnews.com\/2025\/02\/05\/iraq-approves-waste-to-energy-project-in-baghdad\/\" style=\"\" rel=\"noopener\">developed<\/a> by Shanghai\u2019s <a target=\"_blank\" href=\"https:\/\/en.shsus.com\/\" style=\"\" rel=\"noopener\">SUS Environment<\/a> in two years under a 25-year investment term \u2014 was initially set to start in February, Iraq\u2019s National Investment Commission head Haider Makkiyah told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/67579\/%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%84%D9%85%D8%B9%D8%A7%D9%84%D8%AC%D8%A9-%D8%A7%D9%84%D9%86%D9%81%D8%A7%D9%8A%D8%A7%D8%AA-%D9%88%D8%AA%D9%88%D9%84%D9%8A%D8%AF-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A8%D9%86%D8%B5%D9%81-%D9%85%D9%84%D9%8A%D8%A7%D8%B1\/\" style=\"\" rel=\"noopener\">Asharq<\/a> in January. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Iraq received <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/49e9b05d-b30e-428c-8be7-69fec3f4bc84\/\" style=\"\" rel=\"noopener\">15 bids from local and international companies<\/a> to design, build, own, and operate the facility last year. The Baghdad municipality <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/768a6136-e856-4c43-aa8e-64412175c45b\/\" style=\"\" rel=\"noopener\">signed<\/a> the investment agreement for the project last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some details: <\/strong>The facility \u2014 to be equipped with a 100 MW steam turbine generator \u2014 will process 3k tons of waste per day with a power generation efficiency exceeding 30% and a landfill rate (<a target=\"_blank\" href=\"https:\/\/www.eea.europa.eu\/en\/analysis\/indicators\/diversion-of-waste-from-landfill\" style=\"\" rel=\"noopener\">the proportion of waste sent to landfill out of the total waste generated<\/a>) of less than 5%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Paving the way for WtE:<\/strong> Iraqi officials first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/af478392-b4e6-45f5-912f-3d4445011463\/\" style=\"\" rel=\"noopener\">began drafting legislation<\/a> to encourage investments in waste-to-energy projects in 2022. The government is also <a target=\"_blank\" href=\"https:\/\/www.ina.iq\/225478--.html\" style=\"\" rel=\"noopener\">planning<\/a> another waste-to-energy facility to be established in Abu Ghraib. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iraq is seeing a lot of firsts: <\/strong>Iraq will also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a6555538-2e7a-4316-879b-2e542f0c7e5d\/\" style=\"\" rel=\"noopener\">finalize a feasibility study for the<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a6555538-2e7a-4316-879b-2e542f0c7e5d\/\" style=\"\" rel=\"noopener\">country\u2019s first wind energy project<\/a> this year with a capacity of 500 MW. TotalEnergies is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/99ae66f5-32ec-4e4b-a317-a68c8be4c356\/\" style=\"\" rel=\"noopener\">set to begin operating the first phase<\/a> of its solar power project this year.<\/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\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-to-energy\/\">WASTE TO 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=\"89527\" 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=\"89527\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/data-centers-green-hydrogen-and-solar-updates-from-across-the-region\/\">\r\n                            Data centers, green hydrogen, and solar updates from across the region                        <\/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\/03\/28\/data-centers-green-hydrogen-and-solar-updates-from-across-the-region\/\" 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\/03\/28\/data-centers-green-hydrogen-and-solar-updates-from-across-the-region\/')\">\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\/03\/28\/data-centers-green-hydrogen-and-solar-updates-from-across-the-region\/\">\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=Data centers, green hydrogen, and solar updates from across the region&url=https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/data-centers-green-hydrogen-and-solar-updates-from-across-the-region\/\">\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\/03\/28\/data-centers-green-hydrogen-and-solar-updates-from-across-the-region\/&title=Data centers, green hydrogen, and solar updates from across the region\">\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=Data+centers%2C+green+hydrogen%2C+and+solar+updates+from+across+the+region+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2025%2F03%2F28%2Fdata-centers-green-hydrogen-and-solar-updates-from-across-the-region%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\/03\/28\/data-centers-green-hydrogen-and-solar-updates-from-across-the-region\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2282.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89528\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/data-centers-green-hydrogen-and-solar-updates-from-across-the-region\/2282-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2282.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2282.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2282.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2282.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89527\" class=\"content-area-description single-story post-89527 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-carbon-markets tag-dewa tag-egypt tag-emsteel tag-enterpriseclimate tag-green-hydrogen tag-jordan tag-mohammed-bin-rashid-al-maktoum-solar-park tag-morocco tag-saudi-arabia tag-saudi-electricity-company tag-solar-energy tag-wastewater-treatment 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\/3\/.5a1b5d97-46c2-4ecf-aeac-978f87f84ba1.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\">DATA CENTERS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>Emirates <\/strong><strong>Group has partnered with Dewa's subsidiary Moro Hub to co-locate its data <\/strong><strong>center at the Mohammed Bin Rashid Al Maktoum Solar Park,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/march\/26-03\/emirates-group-co-locates-to-world-largest-solar-powered-data-centre\" style=\"\" rel=\"noopener\">statement<\/a> issued on Wednesday. The facility will host the Emirates Group\u2019s technology infrastructure starting mid-2026. Moro Hub will provide services including rack space, cooling, and 3 GW of clean energy annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER\u2013<\/strong> Moro Hub <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/768a6136-e856-4c43-aa8e-64412175c45b\/\" style=\"\" rel=\"noopener\">launched<\/a> the second phase of its Green Data Center project at the Mohammed bin Rashid Al Maktoum Solar Park in January. The carbon-neutral project \u2014 planned to be implemented in 10 phases \u2014 will operate fully on solar power with a total capacity exceeding 100 MW.<\/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>Jordan<\/strong> <strong>doubles down on green hydrogen: <\/strong>Jordan has approved an MoU with China International Energy Group (CIEG) to explore investment avenues in green hydrogen and its derivatives, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1BJNZSWrdk\/\" style=\"\" rel=\"noopener\">statement<\/a> issued on Tuesday. The country <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/48b45a56-1248-4ddb-a3d7-1362a11b5bfc\/\" style=\"\" rel=\"noopener\">aims<\/a> to produce up to 600k tons of green hydrogen annually by 2030 and up to 3.4 mn tons by 2050.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chinese firms are eying the sector: <\/strong>Jordan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/edb55fe2-987f-4bd8-9d1d-5274d7558491\/\" style=\"\" rel=\"noopener\">inked a pact last November<\/a> with China\u2019s Hangzhou Huading New Energy (HD Solar) for feasibility studies on a green hydrogen and ammonia plant. Jordan\u2019s Energy and Mineral Resources Ministry also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/85c1e36f-68d8-481d-b3a3-252b35fa7c0b\" style=\"\" rel=\"noopener\">signed an MoU<\/a> last September with China's CTGI Renewable Energy Partners to conduct feasibility studies to develop green hydrogen projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the pipeline: <\/strong>Jordan Green Ammonia \u2014 a JV between Polish Hynfra and Jordanian Fidelity Group \u2014 is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ecddfce5-6e1f-46c3-b98f-41378c6f752f\/\" style=\"\" rel=\"noopener\">pushing ahead<\/a> with a USD 1.6 bn green hydrogen and ammonia facility in Aqaba.<\/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\">SOLAR- . <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emsteel + Yellow Door Energy develop largest rooftop solar project in UAE: <\/strong>Renewable energy developer Yellow Door Energy (YDE) has partnered with Emsteel to develop the largest industrial solar PV rooftop project with 31.5 MWp capacity, according to a <a target=\"_blank\" href=\"https:\/\/www.yellowdoorenergy.com\/insights\/yellow-door-energy-and-emsteel-partner-to-develop-the-largest-industrial-solar-pv-rooftop-project-in-the-uae\" style=\"\" rel=\"noopener\">press release<\/a> issued on Tuesday. The project will generate around 50 GWh of clean energy annually, offsetting some 16k metric tons of carbon over the next 25 years. Construction will begin in 2025 and is set for completion by 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>YDE is also active outside the region: <\/strong>YDE signed a 24.5 MWp solar power purchase agreement (PPA) with South African Cement supplier PPC, according to a <a target=\"_blank\" href=\"https:\/\/www.yellowdoorenergy.com\/insights\/yellow-door-energy-and-ppc-sign-24-5-mwp-solar-power-purchase-agreement-in-south-africa\" style=\"\" rel=\"noopener\">press release<\/a> issued on Tuesday. YDE would supply four of PPC\u2019s projects with energy from its solar park in Leeudoringstad through the country\u2019s grid. The project will generate 57.5 GWh of electricity in the first year and includes 43 km long overhead electrical lines to connect the solar park to a substation. <\/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\">CARBON MARKETS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Two <\/strong><strong>new projects approved for carbon trading on Egypt\u2019s market: <\/strong>Egypt\u2019s Financial Regulatory Authority has greenlit listing two carbon reduction projects to its voluntary carbon market (VCM) on the EGX, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02JzvfrHEAeSSRE8gvcNWmLRt5gdFgtm4eooyd3baTBza5J1vqigaF7riFvbXDUwpVl\" style=\"\" rel=\"noopener\">statement<\/a> issued on Monday. Jordan\u2019s Ampere was also registered as one of the platform\u2019s verification and certification bodies. Egypt\u2019s VCM now holds around 28 projects and has issued over 170k certificates for trade. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the projects: <\/strong>The first project \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ef209263-0066-40b4-bac9-f5cbc3946fd0\/red-sea-global-completes-largest-off-grid-ev-charging-network-in-ksa\" style=\"\" rel=\"noopener\">Oman Blue Carbon<\/a> \u2014 is <a target=\"_blank\" href=\"https:\/\/verra.org\/programs\/verified-carbon-standard\/\" style=\"\" rel=\"noopener\">Vera<\/a> -registered and reduces almost 131k tons of emissions annually. The agricultural project spans 5k acres and has seen 300k seedlings planted, with that number set to double by the end of the year. The second project \u2014 <a target=\"_blank\" href=\"https:\/\/registry.goldstandard.org\/projects\/details\/1834\" style=\"\" rel=\"noopener\">India\u2019s Solar DC initiative<\/a> \u2014 will generate some 10k carbon credits for the VCM and is registered with the <a target=\"_blank\" href=\"https:\/\/registry.goldstandard.org\/projects?q=&page=1\" style=\"\" rel=\"noopener\">Gold Standard Registry<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s VCM is relatively new: <\/strong>The country\u2019s VCM \u2014 dubbed as Africa\u2019s first \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e085cf15-73c6-4131-9a8a-3e853eff3be2\" style=\"\" rel=\"noopener\">opened to<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e085cf15-73c6-4131-9a8a-3e853eff3be2\" style=\"\" rel=\"noopener\">trading<\/a> in July 2024. The EGX has developed a comprehensive framework for the trading, settlement, and transparency of carbon certificates, utilizing advanced systems provided by its fully-owned subsidiary \u2014 the Egyptian Company for Information Dissemination (EGID). Rules for the market were first issued in May. You can read more about what to expect from the market in our <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0957f2c1-9347-4585-a177-3339bfcc352a\/steps-toward-launching-africa%25e2%2580%2599s-first-voluntary-carbon-market-are-gaining-traction\" style=\"\" rel=\"noopener\">deep dive<\/a> published in August.<\/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\">INFRASTRUCTURE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SEC <\/strong><strong>calls for substations bids:<\/strong> The Saudi Electricity Company (SEC) is inviting bids to develop a number of 380 kV substations and overhead transmission lines in Afif, Khurma, Tabarjal, Qirah, and Ash Shayyit for in-progress renewable energy projects, <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/touch\/article\/CONS\/431948\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reported on Monday. SEC also called for bids to expand the Tabarjal PV 380 kV BSP in Northern Saudi Arabia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi\u2019s grid is expanding: <\/strong>Hyundai bagged a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/62047b69-8ce1-4032-9f9c-ad1b06e221e1\" style=\"\" rel=\"noopener\">USD 389 mn<\/a> order to construct two transmission lines in Humaijee and Kulis to connect existing power lines near Mecca. SEC subsidiary National Electricity Transmission is also adding a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2132dac2-4dc7-489c-9ee0-01d2e6cd14d1\" style=\"\" rel=\"noopener\">37.5 MVA substation<\/a> to Umm Al Qura Cement\u2019s Radwan plant, and the country\u2019s SAR 13.4 bn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/66c509de-daf3-43b2-ab06-68e7806b76d0\/qurayyah-power-project-to-get-sar-13.4-bn-expansion-from-acwa-power,-sec\" style=\"\" rel=\"noopener\">Qurayyah IPP expansion<\/a> will feature a 380kV electrical substation.<\/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\">WASTEWATER TREATMENT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco <\/strong><strong>allocates<\/strong><strong> MAD 600 mn to clean up olive oil waste: <\/strong>The Sebou Hydraulic Basin Agency (ABHS) has earmarked over MAD 600 mn (c.USD 60 mn) to curb water pollution in Morocco\u2019s Sebou Basin, with a specific focus on managing waste from olive oil production, <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2025\/03\/186635\/over-mad-600-million-allocated-to-combat-water-pollution-in-sebou-basin\/\" style=\"\" rel=\"noopener\">Morocco World News<\/a> reported on Saturday. The agency has constructed 14 treatment stations for olive mill wastewater, with a combined processing capacity exceeding 709k cbm annually. Eleven of the facilities are located in the Fez-Meknes region, where pollution from the olive oil sector has been particularly acute. <\/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>EVIQ <\/strong><strong>launches first highway charging station: <\/strong>Saudi Arabia\u2019s EVIQ has launched its first highway EV charging station at Sasco Aljazeera on the Riyadh-Qassim highway. The company is planning two more highway stations between Riyadh and Dammam, and Makkah and Madinah. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/eviqsa_%D9%8A%D8%B3%D8%B1%D9%86%D8%A7-%D8%A7%D9%84%D8%A5%D8%B9%D9%84%D8%A7%D9%86-%D8%B9%D9%86-%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-%D8%A3%D9%88%D9%84%D9%89-%D9%85%D8%AD%D8%B7%D8%A7%D8%AA-eviq-%D8%B9%D9%84%D9%89-activity-7309562111699881984-sPIn?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFCC1R4B8bJ2XP1yuuTfhZswiTjG6MgJX3k\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Morocco<\/strong> <strong>will roll out e-buses: <\/strong>Rabat City Council and Korea\u2019s International Cooperation Agency have signed a USD 13 mn agreement to deploy e-buses in Rabat. The project \u2014 set to run from 2025 to 2028 \u2014 aims to roll out the eco-friendly buses ahead of the country hosting the 2030 World Cup. (<a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2025\/03\/186590\/rabat-to-introduce-electric-buses-under-13m-korea-morocco-partnership\/\" style=\"\" rel=\"noopener\">Morocco World News<\/a>) <\/li>\n<li><strong>Al Tanmia + Emerge form energy partnership: <\/strong>Al Tanmia Food Company has partnered with Emerge to develop a 3 MWp solar plant in Al Tanmia\u2019s Haradh facilities to cover 35% of its electricity demand. Emerge will be in charge of development, financing, design, procurement, construction, and operation and maintenance for 25 years. (<a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/tanmiah-food-company-and-emerge-partner-to-advance-energy-transformation\" style=\"\" rel=\"noopener\">Press Release<\/a>)<\/li>\n<li><strong>Bahrain<\/strong> <strong>approves carbon emission tax: <\/strong>Bahrain has in principle approved a carbon emission tax, which is part of a <a target=\"_blank\" href=\"https:\/\/www.nuwab.bh\/%d8%a7%d9%84%d8%b3%d9%84%d8%b7%d8%aa%d8%a7%d9%86-%d8%a7%d9%84%d8%aa%d9%86%d9%81%d9%8a%d8%b0%d9%8a%d8%a9-%d9%88%d8%a7%d9%84%d8%aa%d8%b4%d8%b1%d9%8a%d8%b9%d9%8a%d8%a9-%d8%aa%d8%b9%d9%82%d8%af%d8%a7-9\/\" style=\"\" rel=\"noopener\">broader 2025-2026 state budget package<\/a> aimed at boosting public revenues and tackling the debt burden. The final rate is yet to be set. (<a target=\"_blank\" href=\"https:\/\/www.agbi.com\/tax\/2025\/03\/bahrain-approves-environmental-tax-on-companies\/\" style=\"\" rel=\"noopener\">AGBI<\/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\/carbon-markets\/\">carbon markets<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/emsteel\/\">Emsteel<\/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\/mohammed-bin-rashid-al-maktoum-solar-park\/\">Mohammed bin Rashid Al Maktoum Solar Park<\/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\/saudi-electricity-company\/\">Saudi Electricity Company<\/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\/wastewater-treatment\/\">wastewater treatment<\/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=\"89529\" 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=\"89529\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD THIS WEEK<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/chinas-emission-heavy-sectors-will-require-carbon-credits\/\">\r\n                            China\u2019s emission-heavy sectors will require carbon credits                        <\/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\/03\/28\/chinas-emission-heavy-sectors-will-require-carbon-credits\/\" 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 expansion will bring the total volume of carbon traded in the country from 5 bn metric tons to 8 mn, which is equivalent to more than 60% of China\u2019s total emissions, ministry spokesman Pei Xiaofei said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How does it work? <\/strong>The move will require 1.5k more firms to buy credits to offset their emissions if they exceed the emissions allowance the government has set. The allowance will be set against 2024 emissions, but will be gradually reduced to encourage emissions reduction while minimizing economic disruption. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>China issued a comprehensive legal framework for its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/89e284cb-ffa1-41a7-8a56-812180df5b64\/%253cmark%253echina%253c%2Fmark%253e-sets-out-legal-framework-for-its-national-emissions-trading-scheme\" style=\"\" rel=\"noopener\">national emissions trading<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/89e284cb-ffa1-41a7-8a56-812180df5b64\/%253cmark%253echina%253c%2Fmark%253e-sets-out-legal-framework-for-its-national-emissions-trading-scheme\" style=\"\" rel=\"noopener\">scheme<\/a> in February 2024. The country had resumed carbon trading after a seven-year hiatus on its national voluntary carbon trading market on the Beijing Green Exchange the month prior, and revealed four new decarbonization assets from which carbon credits can be generated, including forestation, mangrove cultivation, solar thermal power, and grid-connected offshore wind power projects.<\/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>Lithium outlook unstable on the short term, says Lopal: <\/strong>China-based Jiangsu Lopal Tech, a lithium production partner to the world\u2019s major battery maker Contemporary Amperex Technology\u2019s (CATL) \u2014 is forecasting volatility in the lithium market in the short term due to supply growth exceeding that of demand, Chairman Shi Jungfeng told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-24\/catl-s-lithium-partner-lopal-sees-swings-in-near-term-prices\" style=\"\" rel=\"noopener\">Bloomberg<\/a> in an interview on Monday. Prices could move between CNY 65k-85k per ton compared to current trading at around CNY 73k. In the medium term, prices will rise and stabilize at about CNY 100k per ton, which will help sustain the industry over the long term. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Lithium prices were <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\">set to stabilize this year<\/a> \u2014 two years after an 86% price decline \u2014 on the back of surging EV sales in China and shuttered mines and refineries helping manage oversupply. It was expected, however, that the price adjustment would be halted if mines reopened. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>Lopal and CATL <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0db2f0bc-2574-45f4-8966-921bbc3a19de\/china%25e2%2580%2599s%253cmark%253e-lithium%253c%2Fmark%253e-play-in-nigeria-heats-up\" style=\"\" rel=\"noopener\">resumed operations<\/a> at their joint lithium carbonate refinery in China in February after a five-month pause, making it difficult for lithium prices to recover from a market surplus and unstable EV demand. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China <\/strong><strong>plans<\/strong><strong> critical mineral reserve push:<\/strong> China\u2019s National Food and Strategic Reserves Administration is looking to buy up cobalt, copper, nickel, and lithium amid rising demand for resources for the energy transition and geopolitical uncertainty, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-21\/china-to-add-cobalt-copper-in-boost-to-state-metal-reserves?srnd=all\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing unnamed sources. The move aims to alleviate pressure during crunch periods as well as balance supplies and make sure prices are stable. The authority has reportedly inquired about prices and made bids for some of the metals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Beijing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9cbab41e-68bc-42db-8f3f-b9dc8c42627c\/lots-of-us-news-and-northvolt-bankruptcy-plays-in-overtime\" style=\"\" rel=\"noopener\">took steps earlier this year<\/a> to tighten its export controls on key technologies used in extracting and processing critical minerals to consolidate its control over EV supply chains worldwide. China targeted battery cathode tech and technology used in extracting and processing lithium, recycling batteries, and preparing phosphate, manganese, and lithium hydroxide and carbonate for battery production.<\/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>Apple <\/strong><strong>to <\/strong><strong>launch<\/strong><strong> USD 99 mn clean energy fund in China:<\/strong> Apple will set up a CNY 720 mn (c.USD 99.2 mn) clean energy fund in China to expand its renewable energy capacity in the country. The fund is part of Apple\u2019s broader push to transition its entire supply chain to 100% renewable energy by 2030. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/apple-announces-99-million-new-clean-energy-fund-china-2025-03-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/li>\n<li><strong>Vattenfall <\/strong><strong>to build Germany\u2019s largest offshore wind project: <\/strong>Swedish power utility Vattenfall has made a final investment decision on the 1.6 GW Nordlicht 1 and 2 wind projects in the German North Sea. Construction is set to begin next year to reach full operational capacity in 2028 at 6 TWh per year. (<a target=\"_blank\" href=\"https:\/\/group.vattenfall.com\/press-and-media\/pressreleases\/2025\/vattenfall-builds-germanys-largest-offshore-wind-farm\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>Total <\/strong><strong>invests in battery storage in Germany:<\/strong> TotalEnergies will invest EUR 160 mn in six battery storage projects in Germany, which are set to go live in 2026. The 221 MW projects will be developed by Kyon Energy, and will be equipped with batteries from Safr \u2014 both German subsidiaries of the French giant. (<a target=\"_blank\" href=\"https:\/\/totalenergies.com\/news\/press-releases\/germany-totalenergies-pursues-growth-electricity-launching-six-new-battery\" style=\"\" rel=\"noopener\">Press release<\/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\/carbon-markets\/\">carbon 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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/critical-metals\/\">critical metals<\/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\/emissions\/\">emissions<\/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-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89531\" 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=\"89531\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2025\/03\/28\/green-investors-are-taking-advantage-of-green-stock-slump\/\">\r\n                            Green investors are taking advantage of green stock slump                        <\/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\/03\/28\/green-investors-are-taking-advantage-of-green-stock-slump\/\" 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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One investment player leading the pack is Brookfield, whose confidence in rising renewables demand has seen the firm invest in USD multi-bns green purchases despite the sector\u2019s seeming reversal in fortunes with Trump\u2019s ascendance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>\u201cWhenever we see a dislocation between what the market noise is and the fundamentals, that creates a very good opportunity for us to make acquisitions at very attractive entry prices,\u201d says managing partner and deputy chief investment officer in the renewable power and transition group of Brookfield Asset Management Ignacio Paz-Ares. \u201cWhen sentiment around something is low, it\u2019s a good time to be a buyer,\u201d says head of sustainability and transition strategy at Jefferies Aniket Shah. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Power prices are also attractive: <\/strong>Owners of renewables projects are benefiting from high power prices due to dwindling natural gas supply from Russia. Long-term power prices are at least twice as high as they were before the war in Ukraine, CIP managing director Jakob Baruel Poulsen said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Brookfield\u2019s purchasing spree: <\/strong>Over the last few months, the Canada-based investment firm has finalized a USD 1.7 bn purchase of the British National Grid Group\u2019s onshore renewables arm and a USD 2.3 bn stake in UK wind farms from Orsted. The company also acquired French developer Neoen for USD 6.6 bn at a price per share one-third lower than the company\u2019s peak in early 2021. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Brookfield \u2014 which oversees USD 126 bn in renewable and low-carbon investments \u2014 said last month that it is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cf7c7658-5d0a-426b-87bd-f6bae613d0cf\/top-stories:-saudi%25e2%2580%2599s-ceer-and-egypt%25e2%2580%2599s-infinity-make-an-ev-push-%2B-investment-updates-galore\" style=\"\" rel=\"noopener\">actively scouting<\/a> for major publicly traded sustainable energy (solar and wind) firms to acquire. The company also recently raised USD 3.5 bn for its second energy transition fund, as part of its 4Q record fundraising goal of USD 29 bn in a funding round that is set to close by mid-year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Others are also eyeing the industry: <\/strong>The market for low-carbon investments is less crowded and more attractive as Big Oil backtracks on their renewables projects, Hedge fund manager Trium Capital said. Copenhagen Infrastructure Partners (CIP) \u2014 which previously stepped back from the competition in the North Sea \u2014 is now looking to reenter the sector, recently buying a 480 MW project in the Irish Sea on \u201cvery attractive terms.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89533\" 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\/03\/28\/89533\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89533\" class=\"content-area-description single-story post-89533 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\">MARCH <\/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 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>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 style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-15 April (<\/span><span>Monday<\/span><span>-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>, 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>29-30 April (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-storage-live-egypt\/?fbclid=IwY2xjawJOGEVleHRuA2FlbQIxMAABHacyYM2k4CC5RlC1HGFOYku_ViaD-eiAQCah1chs0mtkFCAHFVkAwBEiEQ_aem_joF8FQA6mRK46snQ8yVSlw\" style=\"\">Solar & Storage Live Egypt<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/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>9-11 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 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>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>24-27 November (Monday-Thursday)<\/span><span>: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hvacr-world.com\/\" style=\"\">HVACR World<\/a><\/span><span>, Dubai, UAE.<\/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>Masdar\u2019s new renewables assets | Tunisia advances four solar projects | Iraq breaks ground on waste-to-energy plant.<\/p>\n","protected":false},"featured_media":89515,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-89514","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"36fc481c-8b59-4da2-829d-652cb0c1df63","teaser":"Masdar\u2019s new renewables assets | Tunisia advances four 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