Saudi Arabia and Tunisia signed a memorandum of agreement on renewable energy, energy efficiency, and consumption reduction today, Wednesday.
Prince Abdulaziz bin Salman, Saudi Arabia’s Minister of Energy, and Naila Nouira Al-Qenji, Tunisia’s Minister of Industry, Mines, and Energy, signed the document.
Through research and studies relating to renewable energy, energy efficiency, and consumption rationalization, the memorandum aims to enhance collaboration and exchange knowledge and experiences between the two countries in these domains.
The memorandum covers collaboration in the areas of renewable energy demand management and available expertise on variable tariffs based on time of use and load-displacement.
The agreement of intent calls for joint seminars and training courses in the fields of renewable energy, energy efficiency, and consumption reduction.
It attempts to encourage both countries’ private sectors to form collaborations in this area.