Saudi Arabia is hoping for Russia’s participation in energy projects

© RIA Novosti / Sergey Pathiterator in photosangelina power. Archive photoSaudi Arabia is hoping for Russia’s participation in energy projects© RIA Novosti / Sergey Pathiterator the image Bank

The Minister of energy of Saudi Arabia Khalid al-falih hopes for the participation of Russian companies in projects on renewable energy in the country.

«We have planned projects in the field of wind and solar energy with total capacity of 10 GW, both projects put out to tender. By 2020 we plan to Commission the installation of a total capacity of 3 GW,» he said in the TV channel «Russia 24».

«We hope Russian companies will also participate in renewable energy projects,» added the Minister.

Last week Russian energy Minister Alexander Novak said that Russia is discussing with Saudi Arabia the supply of solar panels.

Between Russia and Saudi Arabia signed the agreement on cooperation in the energy field.