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Series of steps
In the context of the control of oil resources by terrorist organizations and the resulting severe shortage of energy resources, turning to alternative energy sources is a necessary option, which has a negative impact on the economy and all aspects of life.
The recent conference hosted by the Ministry of Electricity, titled “Investment in renewable energy and electricity as an engine for sustainable development in Syria”, is the best proof of the Government’s determination.
She attended the meeting and took notes on what industrialists and investors thought about the investment, its importance and the problems faced by such investments.
Industrialist Tariq Abu Nasr said: “Investing in renewable energy is feasible, but today we are not looking for profits, but for methods that will allow us to continue to produce, because the government faces difficulties in securing energy. As industrialists, we want to ensure energy self-sufficiency, and although renewable energy cannot replace electrical energy at all, it helps, because solar power generation relies on 1,650 hours per year, while the factory consumption reaches 8,000 working hours per year, so it is a substitute, not a replacement.”
Ahmed Al-Tobji, head engineer of the Energy Efficiency Department at the Energy Research Center, pointed out that according to the law, the private sector can sell surplus electricity produced through renewable energy through the Ministry of Electricity.
He explained that the price of solar panels is acceptable and not more expensive than in other countries as rumored, and that the price of solar panels this year has dropped significantly compared to previous years. The center has also received a grant from the United Nations Development Center to build a photovoltaic collector laboratory that will be ready within two months.
Wind energy investor Muhammad Rakan Hamidi noted that banks are still reluctant to support and finance renewable energy projects. As for licenses, they are easy, the most important issue is the sanctions related to imported supplies. Renewable energy is difficult.
Nidal Al-Hajj, a representative of foreign companies working in the renewable energy sector, confirmed that alternative energy sources can reduce the burden and support traditional energy sources, that is, “to support a share of the pot”, and that the sector must remain under the supervision and management of the state, because it is keen to provide services to consumers. Syria admitted that the terrorist war did not cause an electricity crisis, but the electricity shortage that occurred forced the government to turn to investing in renewable energy sources. He added: The problems that hinder investment are related to external investors and the government’s guarantees to him to freely extract profits and transfer them abroad. Local investors have no problems in this regard, on the contrary, it is a profitable and attractive investment.
October
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