The Saudi sovereign wealth fund has recently engaged in substantial agreements within the renewable energy sector, specifically targeting wind and solar projects. Despite these strides, specialists suggest that the primary motivation for these deals may not be the reduction of greenhouse gas emissions, as is commonly perceived in green initiatives.
An official ceremony to mark the signing was graced by the presence of the fund’s governor, Yasir Othman Al-Rumayyan, alongside Lei Zhang, the chair of Envision, and other executives from Vision Industries.
