{"id":78247,"date":"2023-07-04T01:38:48","date_gmt":"2023-07-04T01:38:48","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/07\/04\/frances-assystem-tapped-to-conduct-studies-for-seven-planned-solar-parks-in-neom-egypt-speeds-up-plan-to-have-42-of-energy-generated-by-renewables\/"},"modified":"2023-07-04T01:38:48","modified_gmt":"2023-07-04T01:38:48","slug":"frances-assystem-tapped-to-conduct-studies-for-seven-planned-solar-parks-in-neom-egypt-speeds-up-plan-to-have-42-of-energy-generated-by-renewables","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/07\/04\/frances-assystem-tapped-to-conduct-studies-for-seven-planned-solar-parks-in-neom-egypt-speeds-up-plan-to-have-42-of-energy-generated-by-renewables\/","title":{"rendered":"France\u2019s Assystem tapped to conduct studies for seven planned solar parks in Neom + Egypt speeds up plan to have 42% of energy generated by renewables"},"content":{"rendered":"

<\/a> Seven solar parks coming to Neom? <\/strong>KSA\u2019s Neom has appointed French engineering services group Assystem<\/a> to conduct several pre-development studies for seven planned solar parks in Tabuk and Duba, a statement<\/a> by the French company read last week. The planned parks could have the potential to generate over 20 GW in solar energy capacity, the statement said. Under the agreement, Assystem will conduct a site assessment study, preliminary design of parks and master planning, and environmental and social impact assessment study among other studies.<\/p>\n

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Egypt updates climate goals in efforts to speed up renewables rollout:<\/strong> The Egyptian government has updated climate commitments under its Nationally Determined Contributions (NDCs) \u2014 which sets the country\u2019s climate and emissions targets \u2014 to increase its renewables share to 42% by 2030 instead of 2035, according to a statement<\/a> published last week. The government also upgraded its emissions slashing goal from 70 mn tons to 80 mn tons by 2030. Egypt intends to meet this target by replacing 12 gas-powered thermal power stations \u2014 with a capacity of 5 GW \u2014 with wind and solar projects worth 10 GW by the deadline, according to a separate statement<\/a>. Egypt has signed four financial closure agreements for 3.7 GW out of the 10 GW target since November.<\/p>\n

The move is a milestone to unlock funding for the government\u2019s Nexus for Water, Food and Energy (NWFE) program<\/strong>, International Cooperation Minister Rania Al Mashat said.<\/p>\n

ALSO- More funding on the way for Egypt\u2019s food security: <\/strong>Egypt is receiving a USD 431 mn grant from the UN\u2019s World Food Program (WFP) to support the country\u2019s efforts in building a more resilient, sustainable, and climate-adaptive food systems for targeted groups by 2028, WFP Country Director and Representative of Egypt Praveen Agrawal tweeted<\/a> on Sunday. The grant is part of Egypt's 2023-2028 Country Strategic Plan (pdf)<\/a> which was approved during the WFP\u2019s four-day annual executive board session in Italy last week.<\/p>\n

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n