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Saudi Arabia’s PIF Forges Solar and Wind Manufacturing Ventures with Chinese Companies

By 2 Mins Read
Credit: Public Investment Fund

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), announced on Tuesday joint venture agreements with three Chinese companies aimed at localizing the manufacturing of solar and wind power equipment within the kingdom. Under these agreements, PIF's Renewable Energy Localization Company (RELC) will collaborate with Envision Energy, JinkoSolar Holding Co Ltd, and TCL Zhonghuan

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