{"id":86237,"date":"2024-08-22T00:00:00","date_gmt":"2024-08-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/08\/22\/acwa-power-breaks-ground-on-200-mw-wind-plant-100-mw-battery-station-in-uzbekistan\/"},"modified":"2024-08-22T00:00:00","modified_gmt":"2024-08-22T00:00:00","slug":"acwa-power-breaks-ground-on-200-mw-wind-plant-100-mw-battery-station-in-uzbekistan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/08\/22\/acwa-power-breaks-ground-on-200-mw-wind-plant-100-mw-battery-station-in-uzbekistan\/","title":{"rendered":"Acwa Power breaks ground on 200 MW wind plant + 100 MW battery station in Uzbekistan"},"content":{"rendered":"

Well, friends, that\u2019s a wrap for us <\/strong>as we prepare to slide into the weekend along with our readers in Saudi and Egypt \u2014 hang in there, UAE and other folks with Monday-Friday workweeks. You\u2019re nearly there. <\/p>\n

News flow is reasonably slow again this morning<\/strong>, but we have some big updates on Acwa Power\u2019s expansions in Central Asia and Oman\u2019s new desalination plant. Let\u2019s dive right in. <\/p>\n

THE<\/strong> BIG CLIMATE STORY OUTSIDE THE REGION-<\/strong> Australia <\/strong>approves mega solar <\/strong>project: <\/strong>The Australian government approved<\/a> what it says is the country\u2019s largest-ever solar power farm. The USD 20 bn project, led by Sun Cable<\/a>, will have an estimated capacity of around 6 GW and will supply the domestic market and export green power to Singapore via a 4.3k-kilometer subsea cable<\/strong>. The project is called the Australia-Asia Power Link, or AAPowerLink. <\/p>\n

A big move for Australia: <\/strong>Once operational, the project will be Australia\u2019s \u201cbiggest renewable energy project ever,\u201d and is expected to push the country into becoming a global \u201crenewable energy superpower,\u201d environment minister Tanya Plibersek said. The project will be \u201ceconomically and socially transformational,\u201d the minister added. <\/p>\n

What\u2019s next? <\/strong>Sun Cable is working on land use agreements in Australia and permits from the governments of Indonesia and Singapore. It aims to reach a final investment decision<\/a> in 2027 and to start supply energy \u201cin the early 2030s.\u201d<\/p>\n

By the numbers:<\/strong> The AAPowerLink is expected to create around 6.8k direct and indirect jobs during the construction phase and will be developed over two phases and aims to deliver up to 6 GW of green electricity to customers in Australia (about 4 GW of capacity) and Singapore (2 GW). It centers on a 12k-hectare solar farm in Australia\u2019s Northern Territory. <\/p>\n

The story made headlines in the international press:<\/strong> Reuters<\/a> | The Guardian<\/a> | ABC<\/a> | Forbes<\/a> | Bloomberg<\/a> | Business Today<\/a> | Associated Press<\/a> <\/p>\n

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WATCH THIS SPACE-<\/p>\n

<\/a> #1-<\/strong> We have more details about Egypt\u2019s first WtE plant: <\/strong>The architectural engineering, boilers, turbines, heating, ventilation, air conditioning, and water and sewage systems of Egypt\u2019s Abu Rawash waste-to-energy project have been completed, according to a government statement<\/a>. An environmental impact assessment was also completed prior as part of the process to secure a 500 sqm plot of land, and get the connection to Giza\u2019s Industrial Transformer Station approved. <\/p>\n

The project is over a year in the making: <\/strong>The Egyptian government inked a USD 120 mn agreement with a consortium led by Renergy Egypt to design, build, own, and operate its new waste-to-energy facility<\/a> in Abu Rawash city. The plant will convert some 1.2k tons of municipal solid waste per day to 30 MWh of electricity. The consortium is made up of Egypt\u2019s National Organization of Military Production, waste management firm Green Tech Egypt and Bahrain-headquartered Oak Group Holdings.<\/p>\n

In context: <\/strong>A growing number of Egyptian companies, particularly in the cement industry, have been adding refuse-derived fuel to their energy mix for more than a decade. The Abu Rawash project is getting plenty of ink for being the first megawatt-scale, government-backed energy plant of its kind.<\/p>\n

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<\/a> #2- Chinese critical mineral exports rebound, easing global supply <\/strong>concerns: <\/strong>The volume of China\u2019s exports of minerals critical to the energy transition \u2014 such as gallium, germanium, and graphite \u2014 have returned to more normal levels, alleviating fears that last year\u2019s export restrictions could disrupt global high-tech manufacturing, Bloomberg<\/a> reports, citing the country\u2019s customs figures. Gallium sales have rebounded the most, while germanium and graphite have seen slower recoveries, in part due to slacking demand for electric vehicles. <\/p>\n

The export restrictions are part of a larger trade war between China and the West:<\/strong> The EU brought in the Critical Raw Materials Act<\/a> aimed at decreasing reliance<\/a> on imports of essential energy transition minerals including lithium and nickel in March 2023. The regulation \u2014 which mainly targets Chinese imports that account for 95% of the global supply<\/a> \u2014 sets a target to have the EU locally produce at least 10%, and process at least 40% of strategic materials needed annually by 2030. US lawmakers also recently introduced a bill<\/a> that would block Chinese solar panel manufacturers from receiving subsidies for their US facilities. <\/p>\n

The rules are having ripple effects on the Middle East\u2019s investment interests: <\/strong>Qatar Investment Authority invested USD 180 mn<\/a> in Dublin-based critical minerals investment company TechMet earlier this month with the aim to reduce China\u2019s dominance in critical minerals for clean energy. <\/p>\n

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HAPPENING NEXT WEEK-<\/p>\n

UK-Egypt trade and investment in the spotlight: Our friends at HSBC<\/strong>, together with the Egyptian-British Chamber of Commerce (EBCC) and UK Export Finance (UKEF), will host a webinar<\/strong> next week to discuss how to support infrastructure reforms<\/strong>, potential partnerships in Egypt, and ways to support and connect companies around the world. The webinar takes place next Thursday (29 August) from 12-1pm CLT \/ 1-2pm UAE. <\/p>\n

Want to attend? <\/strong>You can sign up here<\/a><\/strong>.<\/strong> <\/p>\n

The webinar is a scene-setter for the <\/strong>Egypt-UK Investment and Opportunities Forum<\/strong> in <\/strong>London<\/strong> on Monday, 16 September. <\/p>\n

The green economy is a key part of the forum. <\/strong>The gathering \u2014 which follows on from a June infrastructure mission<\/a> \u2014 will focus on promoting trade and investment in infrastructure, with an emphasis on green hydrogen<\/strong> and renewables<\/strong> as well as sectors including the auto industry, food processing, and tech.<\/p>\n

Networking:<\/strong> The forum will include both open panels and pre-arranged business-to-business networking. It will also give attendees the chance to meet with government officials and industry leaders. GAFI will be on hand to deliver an economic update. <\/p>\n

Want to join them in London? <\/strong><\/a>Register your interest in attending the event here<\/a>.<\/p>\n

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DANGER ZONE-<\/p>\n

<\/a> Rising <\/strong>emissions could double the rate of coastal <\/strong>floodings<\/strong> by 2100: <\/strong>In a low emissions scenario, the global rate of both coastal flooding and flooding by rainfall are predicted to increase by 99% and 6%, respectively, according to a joint study<\/a> by the University of Bristol and water risk intelligence firm Fathom<\/a>. In a high emissions scenario flooding caused by rainfall could increase by as much as 44% by the end of the century. At the same time, the average flood hazard level is forecast to rise by between 9% to 49% in the same period, depending on the emissions scenario. The research uses a newly developed advanced mapping framework to project different flooding scenarios with unprecedented precision.<\/p>\n

North Africa will be among the regions most affected:<\/strong> The largest future increases in flooding are forecast to be around the world\u2019s coastlines including North Africa, as well as in Africa and Asia where rainfall-induced floods are more common. The research underscores the need for robust flood defences and climate regulations to protect vulnerable communities and infrastructure.<\/p>\n

BACKGROUND- The UAE facds one of its worst floods this year: <\/strong>Flooding, damage, and power outages hit the Emirates by storm in April<\/a> as a result of the heaviest rainfall the country has seen in 75 years, with a year\u2019s worth of rain falling over the country in a single day. Climate change \u2014 which causes warm air to hold more moisture and can lead to heavier rainfall \u2014 was the likely culprit for the extreme weather event, scientists said at the time.<\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

***
YOU\u2019RE READING EnterpriseAM Climate, the essential MENA publication for senior <\/strong>execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday by 9am in Cairo and Riyadh and 11am in the UAE.<\/p>\n

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Were you forwarded this email? <\/strong>Tap or click here<\/a> to get your own copy of Enterprise Climate.<\/p>\n

Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on climate@enterprisemea.com<\/a>.<\/p>\n

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***<\/strong><\/p>\n

CIRCLE YOUR CALENDAR- <\/strong><\/p>\n

Turkey will host the <\/strong>International Conference on Clean and Green Energy Engineering<\/a><\/strong> from Saturday, 24 August <\/strong>to Monday, 26 August in Izmir. The event will gather researchers and professionals to share advances in clean energy. It will also offer a platform to discuss the latest research, practices, and applications in clean and green energy engineering.<\/p>\n

The UAE will host the <\/strong>World Utilities Congress<\/a><\/strong> from Monday, 16 September <\/strong>to Wednesday, 18 September in Abu Dhabi. The event will gather global energy leaders, policymakers, and other industry professionals from the power and water utilities value chain to discuss industry trends and challenges.<\/p>\n

Saudi Arabia will host the <\/strong>EV Auto Show<\/a><\/strong> from Tuesday, 17 September to Thursday, 19 <\/strong>September<\/strong> in Riyadh. The show offers a platform for participants to learn about the latest EV technologies and services. <\/p>\n

Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"

What we\u2019re tracking this morning regionally and around the 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