The "Third Neighbour" of the Gobi Grasslands: Mongolia to Cooperate with Saudi Arabia in Renewable Green Energy

Mongolian News Agency, Ulaanbaatar, September 22 - Mongolian Prime Minister Gonchigdorj Zandanshatar met with a delegation led by Chairman of Saudi Arabian Company for Water and Power (ACWA Power) Mohammed Alabdan on the 19th of this month. At the beginning of the meeting, Mohammed Alabdan conveyed the greetings from Crown Prince and Prime Minister of Saudi Arabia, Mohammed bin Salman, to Prime Minister Gonchigdorj Zandanshatar.

He expressed his willingness to invest in the renewable energy sector and cooperate. ACWA Power's operations cover 12 countries in the Middle East, North Africa, South Africa, and Southeast Asia, and it is one of the world's top five energy producers. The company is committed to investing 100 billion US dollars in China by 2030 and expanding its position in the energy market.

Mohammed Alabdan said, "My company supports the implementation of increasing energy resources within the framework of the Mongolian government's economic diversification policy, and stated that your country has abundant renewable energy resources, which has attracted our attention. We are willing to promote Mongolia's goal of not only achieving self-sufficiency in domestic energy but also becoming an energy exporting country. In today's era, the demand for artificial intelligence or data has increased sharply, further expanding energy consumption. Investors in the field of artificial intelligence in Mongolia are studying the potential of their energy resources. He is working with Deputy Prime Minister Togtokhundev Dovzolkh and his team to investigate the possibility of establishing a renewable energy plant."

Prime Minister Gonchigdorj Zandanshatar said, "We will support your intention to invest in the energy sector. Our country has abundant renewable energy, solar and wind energy resources. Therefore, we have the possibility to jointly create power transmission infrastructure with investors and implement energy export projects. He emphasized that Deputy Prime Minister Togtokhundev Dovzolkh is responsible for elevating cooperation in the fields of renewable and green energy to a new level, and that a memorandum of understanding will be signed between the governments of the Kingdom of Saudi Arabia and Mongolia."

Original: www.toutiao.com/article/1843956463582208/

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