The Syrian government is preparing to put three power turbines into operation, although acute shortages of natural gas and fuel will continue to limit the potential for increased electricity production.
A group of 18 companies and businessmen have recently established a renewable energy company in Homs. The company’s partners, including controversial figures such as Samer Foz, have tried to establish the company since as early as October 2021, but faced some legal troubles.
President Bashar Al-Assad and his family made their first visit to the Aleppo governorate since the beginning of the 2011 conflict. They met with several economic, social, and religious figures, participated in social engagements, and visited various infrastructural projects, including the Aleppo Thermal Power Plant, which Iran's MAPNA Group recently rehabilitated.
Syrian, Lebanese, and Jordanian officials have moved one step further towards implementing an electricity supply deal after signing an agreement in Beirut last week. Following the meeting, new details regarding the World Bank's potential role in financing the deal and the pricing of Jordan's exported energy were disclosed.
Electricity companies in the opposition-held parts of the Idlib and Aleppo governorates have recently increased their fees for each kilowatt-hour by 40 to 50 percent in Idlib and 160 to 280 percent in Aleppo, further escalating protests that have proliferated as a result of the region's worsening economic crisis and the recent collapse of the Turkish lira.
The Ministry of Electricity has recently announced that electricity will be heavily rationed ahead of the winter season given that local production remains a fraction of demand. Meanwhile, the government plans to activate a new service this month that would allow businesses to avoid rationing electricity altogether in return for paying extremely high fees.
The Syrian government has reported Emirati and Chinese interest in its project to incentivise investments in wind and solar energy as it seeks to increase the share of renewable energy sources in its energy mix in the long term, although funding remains a challenge.