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Chairman Qian Zhimin Met with Mohammed Abunayyan

02/14/2023

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On February 14, Mr. Qian Zhimin, Chairman of SPIC, met with Mr. Mohammed Abunayyan, Chairman of ACWA Power, at SPIC headquarters, and the two sides had in-depth exchanges on deepening clean energy cooperation. Mr. Chen Haibin, Member of the Executive Committee of the Board and Vice President of SPIC, attended the meeting.

Mr. Mohammed Abunayyan said that ACWA Power’s deepening strategic partnership with SPIC not only meets the needs of friendly bilateral relations between China and Saudi Arabia, but also helps Saudi Arabia achieve its goals of Vision 2030. It is hoped that the two sides will consolidate the achievements of cooperation in the field of clean energy and inject a new impetus to further deepen bilateral strategic cooperative relations and enhance practical cooperation.

Mr. Qian noted that China’s Belt and Road Initiative is highly compatible with Saudi Arabia’s Vision 2030, providing a broad development platform for business cooperation between the two countries. As the world’s largest clean energy power generation enterprise, SPIC and ACWA Power have complementary advantages and broad cooperation space. It is hoped that the two sides will fully leverage their respective strengths, innovate cooperation models, and work together to set a good example of friendly cooperation between Chinese and Saudi Arabian enterprises in clean energy development, seawater desalination, green hydrogen and other fields.

SPIC’s heads of international business, and heads of SPIC Innovative Investment and Huanghe Hydropower Development attended the meeting. (Text/Tang Chongzhe Photo/Bu Hao)