Syria signed a $7 billion energy agreement on Thursday, May 29, 2025, with a consortium of companies from the United States, Qatar, and Turkey, aiming to rehabilitate Syria's war-torn electricity sector. The signing took place at the presidential palace in Damascus, with Interim President Ahmad al-Sharaa and Washington's special envoy to Syria, Thomas Barrack, in attendance.
The project is expected to generate 5,000 megawatts, covering approximately 50% of the country's electricity needs, according to Syrian authorities. Syrian Energy Minister Mohamad al Bashir hailed it as a "historic moment" and a "turning point" for the country. Fourteen years of civil war have devastated Syria's power grid, leaving the population with up to 20 hours of daily blackouts.
The project includes four gas plants in central and eastern Syria and a 1,000-megawatt solar park in the south. Bashir indicated that the plants would use American and European technology. The consortium includes Qatar's UCC Concession Investments, Turkey's Kalyon GES Enerji Yatirimlari and Cengiz Enerji, along with Power International USA.