Saudi Arabia aims to deploy 50 pct of investments in renewable, sustainable sources

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Saudi Arabia

Saudi Arabia aims to deploy 50 pct of investments in renewable, sustainable sources

Saudi Arabia aims to deploy 50 percent of its investments in renewable and sustainable power sources, the governor of the Kingdom’s Public Investment Fund (PIF) and Saudi Aramco chairman said during an FII Institute roundtable in New York.

“The Kingdom aims to deploy 50 percent of its investments in renewable and sustainable power sources, more than two-thirds from investment. We are one of the most efficient countries when it comes to sustainability and renewable energy,” said Yasir al-Rumayyan.

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