The Saudi Arabian Ministry of Energy has met with the Moroccan Ministry of Energy Transition and Sustainable Development in Riyadh to discuss areas of mutual interest, mostly in the renewable energy sector.
Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Saudi Minister of Energy, welcomed Dr. Leila Benali, the Minister of Energy Transition and Sustainable Development of the Kingdom of Morocco, exploring cooperation in renewable energy and energy efficiency.
Following the meeting, the two ministers signed an executive program for cooperation on renewable energy, including enabling national companies to implement renewable energy projects in both countries, under 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.
The executive program aims 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 covers 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.
Dr. Benali also held talks with Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef to deepen cooperation in the mining sector, on the sidelines of the 5th International Mining Conference, taking place in the Saudi capital from January 13 to 15.
