23 Hrs
Source:
الاقتصادية
Syria advances solar energy agreements
Saudi Arabia and Syria have signed agreements to develop solar energy projects with a total capacity of up to 760 megawatts in the Rif Damascus area, aimed at strengthening bilateral cooperation in the energy sector. The agreements include power purchase contracts spanning 20 to 25 years, with prices starting at 3 US cents per kilowatt-hour, along with energy storage systems with a capacity of 1,077 megawatt-hours to enhance grid reliability. Additionally, technical cooperation agreements have been made with Saudi and German companies to develop these projects, covering consulting, engineering services, and knowledge transfer, all within the framework of supporting renewable energy initiatives, infrastructure development, and achieving sustainable development goals between the two countries.
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