Electricity Ministry, Chamber of Commerce sign MoU for energy investment

SANAA, Sept. 06 (YPA) – The Ministry of Electricity and the Chamber of Industry and Commerce on Tuesday signed a memorandum of understanding (MoU) to implement a number of electrical projects with renewable energy from solar and wind sources.

The MoU, which was signed by Minister of Electricity, Dr. Muhammad Ahmed Al-Bukhiti and Head of the Chamber of Industry and Commerce, Hassan Al-Kbous, included the start of preparations for the implementation of a project with a capacity of 200 megawatts in one or two sites from solar or wind sources.

The agreement also included inviting the private sector to invest in solar energy projects according to a timetable to be agreed upon, with the priority of Hodeida province, in addition to the cooperation of the two sides in preparing for the third scientific conference for renewable energy.

YPA