France-based Schneider Electric has signed an agreement with Saudi Arabia to help the nation develop its electricity infrastructure.
The three-year Memorandum of Understanding (MoU) with the country’s National Grid includes exchange of knowledge, best practices and technology between the two organisations.
They will also collaborate for decision making on standards and specifications, engineering and design and maintenance and operation. Schneider Electric will also provide training on “mutually agreed focus areas”, particularly environmental issues and regulations impacting the industry.
Fréderic Abbal, EVP Energy Business at Schneider Electric said: “As part of this agreement, we will work towards developing standards and specifications that are specially tailored for the Saudi Arabia market.
“We will collaborate with Saudi National Electro-technical Committee (SNEC) in the fields of protection, substation design and automation, smart grid, maintenance and asset management.”