Participants in the two-day Arab-German Business Forum discussed means of boosting partnerships in the field of alternative energy production.
They also discussed the possibility of benefiting from German technology and expertise in developing the energy sector in Arab countries.
This sector is witnessing important transformations in terms of increasing energy production and utilizing renewable energy sources.
The Arab-German Chamber of Commerce and Industry (Ghorfa) organized this forum in Berlin, in which about 300 experts and researchers in the field of alternative energy from both sides have participated.
The size of Arab delegations attending the forum indicates the Arab world’s growing interest in renewable energy since all its elements of production are provided, including wind, sun, and others.
This was shown through the interventions and workshops’ focus on means of developing the Arab-German partnership in this field and the possibility of benefiting from German technology and expertise.
The demand for energy from natural resources has been increasing, and many Arab states have developed programs to upgrade their industry not only to protect the environment but also to meet their rapidly growing population.
One of the prominent examples of fruitful Arab-German cooperation in the renewable energy sector is currently represented in the German-Moroccan partnership.
The Secretary-General of Morocco’s Ministry of Energy, Mines, and Environment, Mohammed Ghazali, stressed his country’s continued efforts in the field of energy transmission through its strategic cooperation with Germany, especially in the field of developing storage options in addition to reducing the energy price.
Saudi Arabia’s interest in the production of renewable energy from natural resources was shown through the size of its participating delegation.
The Kingdom’s delegation discussed several aspects related to the production of this future energy “despite the existence of some technical obstacles that are being overcome,” according to Suleiman bin al-Sayari, member of the Arab-German Chamber of Commerce and Industry’s (Ghorfa) Board of Directors.
Sayari is also CEO of Shuaibah Water and Electricity Company and a member of the Board of Directors of Tarshid Energy Services Company.
He told Asharq Al-Awsat that the principal activity in the Kingdom is reducing the dependence on oil and its consumption.
“So far, we approximately consume 30 percent of local oil production,” he said, explaining that in 30 years, the Kingdom could be forced to consume all its local oil production.
For this reason, he added, it has decided to reduce its consumption by using renewable energy, hoping to be able to also export this kind of energy, especially to Europe, instead of exporting oil.