The UAE and Mongolia have signed an MoU to expand cooperation in renewable energy and green hydrogen, including expertise sharing, skills development and potential projects. A joint working group will identify priorities, assess opportunities and support clean energy infrastructure development.
ACWA has signed a memorandum of cooperation with Mongolia’s Sun Steppe Power to explore a 4.5GW renewable energy project in Mongolia, supported by a 500MWh battery storage system, to facilitate cross-border electricity exports to China and other mutually agreed markets.
Saudi Arabia has signed four memoranda of understanding (MoUs) with Mongolia, Tanzania, Cyprus and Mauritius to strengthen cooperation across the energy sector, including oil and gas, renewable energy, electricity, petrochemicals and clean hydrogen.