Saudi Aramco
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6 hours ago · Saudi Arabia’s Public Investment Fund (PIF) is swiftly moving towards localising renewable energy components to achieve its 2030 targets. The Renewable Energy Localization Company (RELC), a unit of the sovereign fund, has signed three joint venture agreements with Chinese companies to support the kingdom’s clean energy needs.
1 day ago · RIYADH: Saudi Arabia’s Public Investment Fund has partnered with the world’s second-largest manufacturer of solar cell components for a $2.8 billion-power production plant in the Kingdom.
13 hours ago · The push is part of a vast economic agenda to cut the top oil exporter's reliance on crude, spearheaded by its sovereign wealth fund, the Public Investment Fund (PIF). Saudi Arabia had already signed off on an $8.4 billion green hydrogen plant being built by NEOM Green Hydrogen Company, a joint venture between Air Products, ACWA Power and NEOM.
6 hours ago · Envision Energy (www.Envision-Group.com), recognized as the "Green Giant" among the “2024 TIME100 Most Influential Companies”, has unveiled a strategic joint venture (JV) with Saudi Arabia's Public Investment Fund (PIF) and Vision Industries. This venture aims to accelerate the wind power growth throughout the Middle East, committing to driving the region's journey towards a cleaner, more ...
6 hours ago · The New Murabba Development Company, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), has unveiled plans for a state-of-the-art stadium set to redefine Riyadh's architectural landscape. The Murabba Stadium, with a capacity exceeding 45,000 spectators, is poised to become a cornerstone of the capital's transformation into a global destination for sports, culture, and entertainment.
6 hours ago · The IMF now projects Saudi Arabia's GDP growth to be 1.7 per cent this year, a reduction of 0.9 percentage points from its April forecast. ... The Public Investment Fund (PIF), the country’s ...
1 day ago · The joint venture will build and operate a high-efficiency solar cell and solar module manufacturing facility in Saudi Arabia. The manufacturing facility is expected to have a total investment amount of approximately US$1 billion, and will be funded through a combination of its internal funds and external financing. The detailed production plan ...
