The Saudi Investment Fund signs an agreement with the largest solar energy company in the world Updated Wednesday 1/4/2023 06:50 PM Abu Dhabi time The Public Investment Fund and “Longi Green Energy Technology” signed an agreement aimed at localizing the solar energy products and services industry in Saudi Arabia. Longye Green Energy Technology is a Chinese company that manufactures wafers, cells and panels, and is the world’s largest solar energy company. The fund added in a tweet via its Twitter account: “The agreement is in line with the fund’s strategy to empower promising sectors locally, including utilities and renewable energy, to achieve the goals of Saudi Vision 2030.” The capital bases of Arab banks.. UAE and Saudi Arabia seize the largest share. The fund is working to achieve the goals of Vision 2030, and has taken a drawn-up mechanism that contributes to creating new and promising sectors, generating direct and indirect job opportunities, and establishing and establishing companies. The Public Investment Fund owns pioneering investment portfolios, which focus on investing in promising opportunities locally and globally. Being one of the largest sovereign funds in the world, according to the fund’s website.
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