Funds sign MoU to develop 3 GW solar-plus-storage projects in Saudi Arabia
- Saudi Electricity Company (SEC)
- Saudi Arabian Public Investment Fund (PIF)
- SoftBank Vision Fund (SBVF)
Saudi Arabia’s Public Investment Fund (PIF), has signed a Memorandum of Understanding (MoU) with SoftBank Vision Fund (SBVF) to jointly fund the development of 3 GW of solar photovoltaic and storage capacity in Saudi Arabia.
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