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Saudi ministry joins hands with NEOM to drive energy innovation

Saudi Energy Minister Prince Abdulaziz bin Salman, right, with NEOM CEO Nadhmi Al-Nasr 

 Saudi ministry joins hands with NEOM to drive energy innovation

Following the official signing of the memorandum of understanding (MOU) in Riyadh, Saudi Minister of Energy Prince Abdulaziz bin Salman and NEOM CEO Eng. Nadhmi Al-Nasr are set to propel advancements in the energy sector.

In a strategic collaboration, the Saudi Ministry of Energy, led by Prince Abdulaziz bin Salman, and NEOM, represented by CEO Eng. Nadhmi Al-Nasr, have solidified their commitment to fostering cutting-edge technologies within the energy domain.

 

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The MOU, grounded in existing laws and regulations, establishes a cooperative framework aimed at monitoring progress, identifying areas for improvement, and providing technical and organizational solutions in critical sectors such as renewable energy, hydrogen, sustainability, and innovation.

This partnership extends its reach to various energy system entities, including the Water and Electricity Regulatory Authority, the Nuclear and Radiological Regulatory Commission, King Abdullah City for Atomic and Renewable Energy, the Saudi Energy Efficiency Center, the Executive Committee for the Governance of Energy and Water Prices Reform, and the National Committee for the Clean Development Mechanism. Through a comprehensive approach, the collaboration seeks to integrate and coordinate energy initiatives across the spectrum.

Source: Saudi Gazette

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