Al Harfi Construction Company will develop 760 MW of solar power capacity in the Damascus countryside, backed by over 1 GWh of battery energy storage, state news agency SANA reports. The company inked three agreements for the projects with the Syria Electricity Company yesterday.
This marks Al Harfi’s second Syrian solar project announced this year: The company inked an MoU to set up a 210 MW solar project supported by an 827 MWh battery storage system.
Local players have been loving Syria: The agreements are the latest in a growing pipeline of Saudi investments in Syria, spanning energy, aviation, telecommunications, and real estate. Recent projects include the SAR 7.5 bn redevelopment of Aleppo International Airport, STC’s nationwide fiber-optic network, a joint venture between flynas and Syria to launch a new airline, and large-scale residential developments led by Saudi developers.