Riyadh: Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz Al Saud met in Riyadh with Minister of Energy Transition and Sustainable Development of the Kingdom of Morocco Dr. Leila Benali. The two ministers discussed areas of mutual interest, including cooperation in renewable energy and energy efficiency.
According to Saudi Press Agency, following the meeting, the two ministers signed an executive program for cooperation on renewable energy. This program, rooted in the memorandum of understanding on energy cooperation signed between the governments of the Kingdom of Saudi Arabia and the Kingdom of Morocco in May 2022, aims to enable national companies to implement renewable energy projects in both countries.
The executive program seeks to strengthen the bilateral partnership and expand mutual investment, supporting cooperation on renewable energy projects in both countries and in third markets. It also promotes cooperation between the two countries' national companies across renewable power generation, energy storage, grid integration, electricity transmission, and grid development.
The program further includes the integration of renewable energy into development and infrastructure projects, the delivery of projects developed and operated using renewable energy, and the establishment of research and training centers to advance renewable energy technologies, capacity-building, and knowledge transfer.