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Home » Saudi Arabia & Turkey Sign Pact for Cooperation in Renewable Energy
Solar News

Saudi Arabia & Turkey Sign Pact for Cooperation in Renewable Energy

By Saur News Bureau Wed, Jul 19th, 2023
Renewable Energy Cooperation
Saudi Arabia & Turkey Sign Pact for Cooperation in Renewable Energy
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Saudi Arabia and Turkey have signed a memorandum of understanding (MoU) to promote investment and cooperation in the renewable energy sector.

To this end, Saudi’s Energy Minister Prince Abdulaziz Bin Salman and the Turkish Deputy Minister of Energy and Natural Resources Alparslan Bayraktar have signed the pact.

The MoU is expected to enhance the partnership between the private and government sectors in Saudi Arabia and Turkey. As per the pact, there will be cooperation in the field of renewable energy and electricity, in addition to petroleum and gas through technical cooperation in the projects of this sector.

The MoU also includes enhancing the cooperation in the hydrogen field through research and development to increase its use. Additionally, there will be cooperation in the field of circular carbon economy, and that via exchanging the knowledge about the applications related to it.

Further, both the nations will also cooperate in strengthening digital transformation, innovation, cybersecurity apps, artificial intelligence in the energy sector, as well as cooperating in the field of using and applying the modern technologies in this fields, such as storage batteries.

Abdulaziz bin Salman Alparslan Bayraktar circular carbon economy investment and cooperation in the renewable energy sector
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Latest News
  • New Wind and Solar Deals Move Ahead in Egypt
  • Saudi Yanbu Wind Project Signs New Power Deal
  • Empower, Dubai to Show New Ideas at WETEX 2025
  • UAE’s GSU Plans Solar Plant in Madagascar
  • Egypt Looks to Expand Solar and Smart Grid Plans with China
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