A Qatari-led consortium has signed a multibillion-dollar energy deal with the Syrian government to deliver over 50% of the country's electricity needs, marking a major step in post-war reconstruction and regional cooperation.

The UCC Holding-led consortium, which includes Power International USA LLC, Turkey’s Kalyon GES Enerji, and Cengiz Enerji, signed a memorandum of understanding with Damascus to develop large-scale electricity projects under the Syria Power Revival Initiative. The $7 billion initiative will inject 5,000 megawatts (MW) into Syria’s battered energy grid through a mix of gas-fired turbines and solar power plants.

UCC Holding, based in Qatar and chaired by Syrian-Qatari businessman Moutaz Al-Khayyat, will lead the development through its subsidiary UCC Concession Investments.

Strategic Partners from Qatar, Turkey, and the U.S.

The partnership brings together a range of regional and international expertise:

• Kalyon GES Enerji, known for constructing Europe’s largest solar farm, will drive the renewable energy component.
• Cengiz Enerji, a subsidiary of Turkish conglomerate Cengiz Holding, brings a track record of nearly 5,000 MW in energy projects across thermal, hydro, solar, and wind.
• Power International USA LLC, contributes to infrastructure design and execution, enhancing U.S. involvement in the plan.

The agreement was officially signed at the Syrian presidential palace and will symbolise high-level state support for this initiative.

Aims to Solve Syria’s Power Shortage

War-ravaged Syria currently suffers from severe electricity shortages, with many regions receiving only a few hours of power daily. The new power projects are projected to supply over half the national electricity demand once operational, significantly improving living conditions and industrial capacity.

The initiative complements Qatar’s earlier efforts, including the delivery of liquefied natural gas (LNG), which added roughly 400 MW to southern provinces. Turkey is also stepping in with planned exports of 1,300 MW via gas and 1,000 MW in direct electricity to Syria.