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Saudi Arabia's Sovereign Fund Unit to Set Up JVs to Produce Renewable Energy Components
Saudi Arabia's Public Investment Fund's unit Renewable Energy Localization, or RELC, signed three new deals to form joint ventures for the local manufacturing of solar and wind power equipment.The
The next wave of going global is coming! Three major photovoltaic giants have announced their projects in the Middle East, and the photovoltaic stocks continue to rebound.
Several companies are expected to incur losses in the first half of the year.
HK Stocks Concept Tracking | Multiple photovoltaic giants win bilion-dollar orders in Saudi Arabia! Increased demand for photovoltaics in the Middle East brings new opportunities for going global (concept stocks attached).
Recently, several photovoltaic giants have announced the establishment of joint ventures with Saudi Arabia to invest in photovoltaics and energy storage projects. As of now, the total order amount has reached hundreds of billions of yuan.
Express News | Pif - Relc Will Hold 40% of Second Jv, With Jinko Solar Holding 40% and Vision Industries Holding 20%
Express News | Pif - Second Jv Features Jinko Solar and Vision Industries
Express News | Jinko Solar Says Unit, Renewable Energy Localization Co, Vision Industries' Holdings in Jv Will Be 40%, 40%, 20% Respectively
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100 billion : Same company