Saudi Arabia intends to invest $10 billion in the construction of renewable energy projects in Kazakhstan.
The Kazakhstan-Saudi Arabia intergovernmental committee met in Riyadh to discuss the development of collaborative investment initiatives.
Saudi Arabia’s ACWA Power has announced the first deal for the building of a wind power project in Kazakhstan.
Saudi Arabia intends to invest $10 billion in projects not just in wind power but also in hydrogen energy.
ACWA Power is growing its foothold in Central Asian nations like as Uzbekistan and Azerbaijan.