Saudi-Syrian talks on energy investments
A Saudi delegation discussed investment opportunities in the electricity and renewable energy sector with the Syrian Ministry of Energy. Three agreements were signed between the Syrian Electricity Company and the Saudi Al-Harbi Company to implement solar power projects with a total capacity of up to 760 megawatts, along with storage systems with a capacity of 1,077 megawatt-hours, at a value approaching one billion dollars. The projects aim to develop a more stable and efficient electrical system, strengthen reliance on clean energy sources, and are part of a plan to increase operations in Damascus and subsequently in Aleppo over the next four to five years. The goal is to attract investments and achieve sustainable development in the Syrian energy sector.
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