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About Us | PIF Global / PIF Energy

As President of PIF Global / PIF Energy, Jennifer leads with a focus on expanding the company''s footprint in refined products and energy solutions. Her background in both chemicals and oil and gas, combined with her strategic vision, positions her to drive the company''s continued growth and success, ensuring PIF Global remains a key player in

Saudi Arabia''s PIF Launches $10 Billion Energy Solutions Company

Saudi Arabia''s Public Investment Fund (PIF) is launching a new entity, Energy Solutions Company, to invest $10 billion in green hydrogen production. The focus of the new subsidiary

PIF Boosts KSA Renewable Energy Localization With Three JVs

PIF recently announced the signing of three latest agreements to localize in Saudi Arabia, the manufacturing and assembly of equipment and components needed for solar and wind power. These agreements have been entered into by the Renewable Energy Localization Company (RELC) – a fully owned PIF company.

Saudi Arabia''s PIF invests $10b in green hydrogen production

Dubai: Saudi Arabia''s Public Investment Fund (PIF) launches a new entity aimed at investing approximately $10 billion (Dh36.7 billion) in green hydrogen production.. The new subsidiary, called Energy Solutions Company, will concentrate on financing the development of low-carbon fuels, as reported by Bloomberg.. This investment is expected to expand in the coming years

Saudi PIF company to set up R&D unit with Carrier Corp

Alat, an innovative company powered by Saudi wealth fund PIF, has announced a major collaboration with US-based Carrier, a global leader in intelligent climate and energy solutions, to develop a cutting-edge manufacturing and research and development (R&D) facility in the kingdom aimed at decarbonising emissions in buildings, and dramatically

Envision Energy forms JV with PIF for renewable

Envision Energy forms JV with PIF to produce renewable components. energy storage systems and green hydrogen solutions that address the challenges of climate change. "The company has topped the wind

PIF''s new venture to invest $10bn in green hydrogen

Saudi Arabia''s Public Investment Fund (PIF) has established a new entity to invest an estimated $10 billion into the production of green hydrogen. The new subsidiary, Energy Solutions Company, will focus on

ENGIE and PIF sign MoU to jointly develop Hydrogen projects in

ENGIE, the leading provider of low-carbon energy services and solutions for integrated utilities management, has signed a memorandum of understanding (MoU) with the Public Investment Fund (PIF) for the joint development of green hydrogen projects and its derivatives in Saudi Arabia, exploring opportunities that contribute to enhancing the energy

"PIF" يعتزم إطلاق "Energy Solutions" لتمويل مشاريع

يعتزم صندوق الاستثمارات العامة السعودي-"pif" إطلاق شركة جديدة لإنتاج الوقود منخفض الكربون والطاقة الهيدروجينية الخضراء باستثمارات قد تصل إلى 10 مليارات دولار وفقاً لما نقلته وكالة "بلومبرغ".

Envision Energy Launched Joint Venture with PIF and Vision

Envision Energy, recognized as the "Green Giant" among the "2024 TIME100 Most Influential Companies", has unveiled a strategic joint venture (JV) with Saudi Arabia''s Public Investment Fund (PIF) and Vision Industries. This venture aims to accelerate the wind power growth throughout the Middle East, committing to driving the region''s journey towards a

Alat and Carrier Partner to Advance Climate and Energy Solutions

RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat (Alat), a PIF company, and Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today

PIF | Arabian Business: Green hydrogen will unlock the energy

ENOWA, the energy and water company of PIF giga-project NEOM, aims to make renewable energy access more affordable PIF plans to develop 70% of Saudi Arabia''s renewable capacity Meeting future energy demands will require all viable sources, with the most valuable options being those that are abundant, affordable, efficient and sustainable

PIF and Saudi Electricity Company announce the launch of the

The Company plans to establish its presence in more than 1,000 locations, installing over 5,000 fast chargers across Saudi Arabia by 2030. RIYADH: The Public Investment Fund (PIF) and Saudi Electricity Company (SEC) announced today the launch of the Electric Vehicle Infrastructure Company (the "Company").PIF will own a 75% stake in the Company,

PIF | Hitachi Energy''s partnership with PIF''s Saudi Electricity Company

Hitachi Energy, a globally acclaimed company, specializes in innovative and sustainable solutions across the utility, industry, and infrastructure sectors, emphasizing digital transformation and a carbon-neutral energy future. positioning Hitachi as the world''s largest GIS manufacturer with its partnership with PIF''s Saudi Electricity

Saudi Arabia plans multi-billion green hydrogen venture

PIF anticipates the company will invest a minimum of $10bn, with the potential for this amount to increase in the future based on hydrogen demand and its investment opportunities, they added.

PIF strengthens renewable energy localization in Saudi Arabia

These agreements have been entered into by the Renewable Energy Localization Company (RELC) – a fully owned PIF company. They are in line with the Saudi Ministry of Energy''s drive to localize production of renewable energy components. Envision Energy is a world-leading green technology company that provides renewable energy solutions

PIF strengthens renewable energy localization in Saudi Arabia

PIF has today announced the signing of three new agreements to localize in Saudi Arabia the manufacturing and assembly of equipment and components needed for solar and wind power. These agreements have been entered into by the Renewable Energy Localization Company (RELC) – a fully owned PIF company. They are in line with the Saudi

Saudi Aramco joins PIF''s $906mln renewable energy project

The 1500-megawatt (MW) Sudair Solar PV project is the first project under PIF''s renewable energy program, which aims to support the oil rich Kingdom''s ongoing energy transition and diversification. The target is to ultimately deliver 70 percent of the country''s renewable energy under the National Renewable Energy Program (NREP).

Industrialization & Energy Services Company (Taqa)

Since its inception, TAQA has been a champion in providing leading products and services to the energy industry in Saudi Arabia, enabling performance and sustainable business for our customers. TAQA has invested heavily in bringing new industrial sectors, such as seamless pipe manufacturing to the Kingdom. TAQA is also leading the way in pioneering training programs,

"PIF" يعتزم إطلاق "Energy Solutions" لتمويل مشاريع الهيدروجين الأخضر

وأشارت الوكالة إلى تقديرات باستثمار "Energy Solutions" نحو 10 مليارات دولار عند انطلاقها. وقد ينمو هذا الرقم بشكل كبير في السنوات القادمة وفقاً للطلب على الهيدروجين، وفقاً لأشخاص مطلعين على الأمر

PIF and Saudi Electricity Company Launch the Electric Vehicle

Khalid Bin Hamad Al-Gnoon, Chief Executive Officer at SEC, said: "SEC, as part of the nation''s wider energy ecosystem, develops and implements strategies that aim to enhance Saudi Arabia''s position as a sustainable energy leader, in line with the Kingdom''s efforts to promote advanced energy solutions and increase the value added by the

ENGIE and PIF Partner for Green Hydrogen Projects in Saudi Arabia

This strategic partnership aims to contribute to the kingdom''s energy transition goals, diversify its economy, and position Saudi Arabia as a global exporter of green hydrogen and derivatives. The collaboration between ENGIE and PIF underscores the commitment to sustainable energy solutions and aligns with the objectives of Saudi Vision 2030.

PIF hydrogen company to launch by month-end | MEED

Tunisia; UAE; Saudi Gigaprojects; Reports. Premium Reports; Industry Reports; Market Reports; Services. PIF hydrogen company to launch by month-end 02 October 2024 By Jennifer Aguinaldo. Former Thyssenkrupp Uhde CEO Cord Landsmann will head Energy Solutions Company. Subscribe to read the full article

How PIF is supporting the utilities & renewables sector

Discover how PIF is redefining the future of renewables by supporting Saudi Arabia''s clean energy targets. From green hydrogen production to significant investments in solar and wind, PIF is accelerating sustainable growth and empowering the local energy sector to reach net-zero by 2050.

PIF, Saudi Electricity launch Electric Vehicle Infrastructure Company

The Public Investment Fund (PIF) and Saudi Electricity Company (SEC) announced today the launch of the Electric Vehicle Infrastructure Company.PIF will own a 75% stake in the Company, while SEC will hold the remaining 25% stake. The company aims to deliver best-in-class electric vehicle (EV) fast-charging infrastructure across Saudi Arabia, further

PIF''s Energy Solutions: $10 Billion Investment in Green Hydrogen

The Public Investment Fund (PIF) plans to establish a company, Energy Solutions, aimed at financing green hydrogen projects. Initial investments are projected to be at least $10 billion

PIF plans company to finance green hydrogen projects: Report

The Public Investment Fund plans to establish a company named Energy Solutions to finance green hydrogen projects, Bloomberg reported, citing sources.The company is expected to invest at least $10 billion in green hydrogen initiatives, with an official announcement scheduled for this month.

Saudi PIF and Envision Energy form JV to boost renewables

Under the agreement, Envision Energy holds the majority share in the JV, while PIF and Vision Industries hold the remainder. This collaboration supports Saudi Arabia''s goal of localising 75% of renewable energy components by 2030, in line with the Saudi Ministry of Energy''s National Renewable Energy Program.

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