{"id":83879,"date":"2024-04-30T00:00:00","date_gmt":"2024-04-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/04\/30\/saudi-arabia-and-the-eu-to-boost-green-energy-investment\/"},"modified":"2024-04-30T00:00:00","modified_gmt":"2024-04-30T00:00:00","slug":"saudi-arabia-and-the-eu-to-boost-green-energy-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/04\/30\/saudi-arabia-and-the-eu-to-boost-green-energy-investment\/","title":{"rendered":"Saudi Arabia and the EU to boost green energy investment"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA<\/strong><strong> + EU to partner on renewables: <\/strong>Saudi Arabia and the EU are set to sign an MoU within months to accelerate investment in the energy transition, according to a <a target=\"_blank\" href=\"https:\/\/www.moenergy.gov.sa\/ar\/MediaCenter\/News\/Pages\/Saudi-Arabia-EU-welcome-energy-transition-cooperation-agreement-conclusion.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. The two sides want to cooperate on electrical interconnection, integrating renewable sources into electricity grids, and developing an electrical infrastructure by adopting solutions including demand management, smart grids, and grid resilience. They also aim to increase investment in hydrogen and carbon capture, use, and storage technologies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE, China to collaborate in clean energy:<\/strong> Dubai Electricity and Water Authority (<a target=\"_blank\" href=\"https:\/\/www.dewa.gov.ae\/en\/\" style=\"\" rel=\"noopener\">Dewa<\/a>) CEO Saeed Mohammed Al Tayer met yesterday with a high-level delegation from Chinese power generation and electrical equipment manufacturer <a target=\"_blank\" href=\"https:\/\/www.shanghai-electric.com\/group_en\/\" style=\"\" rel=\"noopener\">Shanghai Electric<\/a> to ramp up cooperation in clean and renewable energy initiatives, focusing on digital transformation and technology, it said in a <a target=\"_blank\" href=\"https:\/\/www.dewa.gov.ae\/en\/about-us\/media-publications\/latest-news\/2024\/04\/he-saeed-mohammed-al-tayer-holds\" style=\"\" rel=\"noopener\">statement<\/a>. The Shanghai Electric delegation was led by Shanghai Electric Chairman Wu Lei.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shanghai Electric is no stranger to the UAE: <\/strong>The company built the fourth phase of Dewa\u2019s 950 MW Mohammed bin Rashid Al Maktoum Solar Park as part of a consortium that also included Saudi Arabia\u2019s Acwa Power and China\u2019s Silk Road Fund. The park is the world\u2019s largest single-site concentrated solar power (CSP) project combining CSP and photovoltaic solar technologies, with an investment of AED 15.78 bn.<\/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>Oman <\/strong><strong>+ US discuss sustainability cooperation:<\/strong> Oman and the United States recently held the second round of their Strategic Dialogue in Washington, focusing on environmental conservation and clean energy development, according to a <a target=\"_blank\" href=\"https:\/\/www.state.gov\/joint-statement-on-the-second-u-s-oman-strategic-dialogue\/\" style=\"\" rel=\"noopener\">statement<\/a>. The discussions also covered combating pollution, investment in critical minerals, enhancing environmental regulatory frameworks, promoting clean energy sources like green hydrogen, and advancing carbon neutrality technologies. The discussions are part of the <a target=\"_blank\" href=\"https:\/\/www.state.gov\/joint-communique-of-the-united-states-oman-subcommittee-on-environmental-affairs-and-joint-forum-on-environmental-cooperation\/\" style=\"\" rel=\"noopener\">2024-27 action plan for environmental cooperation<\/a> ratified between the two countries in February. They also explored having Omani and American universities collaborate on boosting clean energy research.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt + Indonesia <\/strong><strong>talk green<\/strong><strong> energy: <\/strong>The Suez Canal Economic Zone welcomed a delegation from the Indonesian Ministry of Trade and Industry led by Vice Minister of Trade Jerry Sambuaga to discuss potential cooperation in several areas including green energy, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/photo\/?fbid=923128399857581&set=a.144073987763030\" style=\"\" rel=\"noopener\">statement<\/a>. The talks focused on the economic zone's capabilities, including its four industrial zones and six seaports, and Egypt's vision for maximizing its potential through infrastructure development. The Indonesian delegation expressed interest in collaboration, especially in ports and green energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two sides aim to increase investment in hydrogen and CCUS<\/p>\n","protected":false},"author":1,"featured_media":83880,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[61,40,11,92,159,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-diplomacy","tag-climate-diplomacy","tag-egypt","tag-enterpriseclimate","tag-oman","tag-saudi-arabia","tag-uae","wpautop","entry"],"acf":{"mongo_id":"3c885ea6-8f08-48cb-88c4-8861f078c60c","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/2091.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Saudi Arabia and the EU to boost green energy investment","related_issue":[83863],"teaser":"The two sides aim to increase investment in hydrogen and CCUS","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.8d97c4fb-dc30-4e47-9bad-93b2087040a0.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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