كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان

[M026-01] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:00 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

Good afternoon, ladies and gentlemen. First of all, I would like to say hello to my dear and good friend, Excellency Minister of Energy in Azerbaijan. Parviz and I have been quite a friends for a few years it is a friendship and then became a partnership, tested over the last years, but more fundamentally this current year, in which he and I had seen things and had to deal with things that it was not envisaged, even if we are to live a second life, we could have not thought about it that may happen but here we go.

[M026-02] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:54 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

Indeed, you know, what we went through delivered us, I think all of us, the notion that friends do stick to each other, and friends do deliver with each other. Without much ado, allow me to welcome you all virtually and especially his Excellency the Minister, to an event that is significant not only for our two countries, but also for the world. As we rise to the big challenge and challenges in global energy markets in the coming decades.

[M026-03] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:43 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

I must also command the work of ACWA Power, and its chairman Muhammad Abunyyan, whom also I have to say that he is not only a friend but he is a brother, we all grew up together, with his other brothers and indeed, he is been for me a valuable friend, for the diligence and commitment, they have shown to get us to this stage today, as ACWA Power.

[M026-04] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:18 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

Excellences, ladies and gentlemen, Saudi Arabia and Azerbaijan have a long-standing diplomatic and economic relationship. Most recently our close cooperation was enhanced in the work of the OPEC+ organization, where Azerbaijan along with other participants played an important role in reinforcing the stability of the global markets. Saudi Arabia appreciated Azerbaijan’s role in meeting its commitments, under the declaration of cooperation, and the high level of compliance it has achieved. In fact, his Excellency is not only supportive by delivering, but also supportive by helping me and encouraging others to do the same.

[M026-05] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:08 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

Our two countries are also pursue in the strategy of economic diversification for the long-term benefits of our people. This strategy is advanced today and by ACWA strategic energy project in Azerbaijan. The first independent Wind project in the country, glad to be part of that story as Saudi Arabia, and glad to see our national champion being a part of that story too. The 240 megawatt (MW) project will support Azerbaijan Government efforts to Diversified energy mix. Saudi Arabia is delighted to be a partner in the future growth and development of Azerbaijan, through helping it on its renewable energy journey.

[M026-06] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:04:03 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

I am also proud to say that, the project has been made possible through Saudi expertise and capabilities. ACWA Power is a Saudi national champion, as I said in energy, and it will be leveraging its experience, and its track record in successful renewable projects, to help Azerbaijan deliver this strategically important development, as well as other countries all over the world. ACWA has proven to be a competitive company, not only internationally, but also domestically, and we intend to carry on working with ACWA, as a national champion competing in Saudi Arabia, along with enabling it to continue its work internationally.

[M026-07] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:03 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

We are confident that ACWA ability to build on its proven track record, through the reduction of renewable energy generation cost. Saudi Arabia has reinforced its commitment, to enhancing energy efficiency and sustainability in our domestic energy sector, and we will rely heavily on ACWA and others, to deliver us that future trajectory. As part of the vision 2030 strategy, we are targeting the supply of 50% of our electricity through renewable in the next decade, but we are also taking the lead in the campaign to combat climate change. We recognize that the world needs all sources of energy to fuel its sustainable development and ensure access to affordable and reliable energy.

[M026-08] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:06:00 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

We also understand that the sustainability is a pillar for international cooperation, which needs to be in tandem with national priorities and circumstances. Therefore, the G20 leaders under Saudi Presidency, endorsed the framework for the circular carbon economy, as a core strategy to tackle greenhouse gases emissions, seeking to reduce, reuse, recycle and remove them. Utilizing technology and innovations toward this end.

[M026-09] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:06:37 · كلمة سمو وزير الطاقة -أكوا باور توقع ثلاث اتفاقيات لأول مشروع مستقل لاستغلال طاقة الرياح في أذربيجان · 2020-12-29 · مشاهدة عند هذا التوقيت

The project we are signing today, will advance these goals, it will also strengthen the ties between Saudi Arabia and Azerbaijan, and it is a demonstration of our ongoing commitment to everlasting partnership between our two countries. Excellency and ladies and gentlemen, I am grateful for your attention today and I look forward for many occasions as similar to this, if not bigger than this, and more important than this, that we will all celebrate in the coming future, Thank you.