Envision Energy has entered a seven-year framework agreement with ACWA Power to collaborate on renewable energy projects in Saudi Arabia, Uzbekistan, and broader Central and Eastern Asia, the companies said on Tuesday.
The deal encompasses wind turbine supply, technology cooperation, operations and maintenance services, and joint business development in China. It also aims to support local manufacturing, including turbine component production and service infrastructure in Saudi Arabia, as well as concrete tower and blade capacity in Uzbekistan.
Kane Xu, senior vice president and president of international product lines at Envision Energy, said: “By integrating Envision’s smart wind turbine technology and global localization expertise with ACWA Power’s multinational project development capabilities, we are committed not only to driving the green transformation in countries like Saudi Arabia and Uzbekistan, but also to establishing a viable cooperation model for emerging markets worldwide – demonstrating how global collaboration can collectively shape a more secure, cleaner, and resilient energy future.”
ACWA Power chief executive Marco Arcelli added: “True energy transition requires solutions that deliver environmental and economic value simultaneously – it requires reliable technology, bankable business models, and tangible empowerment of local industrial ecosystems.”
“Together, we will bring cutting-edge technology, localized job opportunities, and long-term energy resilience to our host countries, accelerating the realization of their national energy blueprints,” Arcelli said.
The companies did not disclose the financial details of the partnership or the specific capacity targets for the planned projects.
