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Cabinet apprised on renewable energy MoU signed in Riyadh

Fiinews by Fiinews
December 25, 2019
in Industry Sectors, Investment, Power, Projects, Technology
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Saudi pact to focus on technologies

 

Saudi Energy Ministry.

 

The Cabinet was apprised of a Memorandum of Understanding between Saudi Arabia and India for setting up a framework for cooperation in the field of renewable energy such as technologies.

It was signed on 29 October 2019 in Riyadh by Ministry of New and Renewable Energy and the Saudi Energy Ministry.

The objectives include:

Upgrading the level of technologies and their applications in the field of renewable energy;

Contributing to the field of renewable energy to raise its efficiency in the national energy combination in Saudi Arabia;

Developing the Renewable energy projects in Solar, Wind, Biogas, Geothermal and other fields of renewable energy;

Development and localization of value chain in the field of renewable energy;

Developing and boosting uses of solar energy small applications for buildings, homes and others. fiinews.com

Tags: Ministry of New and Renewable Energy
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