The Palestine Investment Fund (PIF) and the Palestinian Ministry of Education and Higher Education (MoEHE) have signed off on an agreement to install solar power systems on the rooftops of 500 public schools.
Saudi Arabia has announced a US$500 billion investment for an industrial and business zone spanning 26,000 square km (10,230 square miles) over three countries, to be fully powered by solar energy and wind power.
Private equity fund SoftBank Vision Fund has officially signed a memorandum of understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.