Kuwait and Saudi Arabia sign MoU on cooperation in electricity and renewable energy
Riyadh, 11 October (KUNA) -- The Government of the State of Kuwait, represented by the Ministry of Electricity, Water and Renewable Energy, and the Government of the Kingdom of Saudi Arabia, represented by the Ministry of Energy, signed a memorandum of understanding (MoU) for cooperation in the fields of electricity and renewable energy in the capital, Riyadh, on Sunday. This agreement aims to strengthen bilateral relations and open broader horizons for partnership between the two brotherly countries.
The Kuwaiti side was represented at the signing by Minister of Electricity, Water and Renewable Energy, Dr. Subaih Al-Makhzoomi, while the Saudi side was represented by Minister of Energy, Prince Abdulaziz bin Salman.
In a statement on this occasion, Al-Makhzoomi emphasized that the signing of the MoU embodies the depth of fraternal relations between Kuwait and Saudi Arabia and enhances the launch of a new phase of bilateral cooperation, supporting the shared interests and developmental priorities of the two brotherly countries. He stated that “this memorandum represents an important step toward building strategic partnerships that combine the capabilities and expertise of both countries, opening horizons for developing modern technologies, improving the efficiency of energy systems, and enhancing their sustainability.”
He added, “We look forward to translating this cooperation into practical programs and joint initiatives that contribute to developing national capacities, localizing knowledge and technologies, and supporting energy security, thereby meeting the needs of development and the aspirations of future generations.”
Al-Makhzoomi clarified that the diverse areas of cooperation covered by the MoU, ranging from renewable energy and power interconnection to energy storage and smart grids, offer wide opportunities for exchanging expertise and developing solutions that respond to the rapid transformations in the energy sector.
He pointed out that cooperation in research, innovation, and digital transformation constitutes a vital pillar for modernizing infrastructure, enhancing operational efficiency, and preparing national cadres for active participation.
He expressed his appreciation to Prince Abdulaziz bin Salman and to the joint efforts that contributed to preparing the memorandum, reaffirming Kuwait’s commitment to continuing coordination with the Saudi side to activate areas of cooperation and achieve tangible results that benefit the two brotherly countries.
The memorandum establishes a framework for cooperation that combines the development of electricity systems, the expansion of renewable energy, the enhancement of power interconnection, and electricity export, with a focus on energy efficiency, energy storage technologies, and smart grids.
This cooperation includes developing supporting infrastructure to ensure reliable and sustainable electricity supplies, and opening avenues for partnership between specialized companies in both countries.
The scope of the memorandum extends to solutions and technologies that contribute to mitigating the effects of climate change, including carbon circular economy applications, alongside leveraging digital transformation, artificial intelligence, innovation, and enhancing cybersecurity in the energy sectors.
The memorandum also enables the development of strategic partnerships to localize materials, products, and services, and to develop related supply chains and technologies.
It includes the exchange of expertise and information, the implementation of training programs and specialized visits, the organization of conferences, seminars, and workshops, as well as conducting joint research with universities and research centers, thereby supporting knowledge transfer and capacity building for both sides. (End) K.N.S
