Envision Technology Group joins hands with Saudi Public Investment Fund and Vision Industries to advance clean energy transformation in the Middle East

On July 16, Envision Technology Group, Saudi Arabia's Public Investment Fund (PIF) and Vision Industries announced the establishment of a wind power equipment joint venture to accelerate the development of new energy in the Middle East. The joint venture will localize the production of wind turbines and components, helping Saudi Arabia to achieve 75% localization of the wind power value chain by 2030 and promote the clean energy transformation in the Middle East.