Saudi-based Kingdom Holding Company has announced that it has acquired a stake in US-based Breakthrough Energy Ventures (BEV), a key investor in innovative clean-energy and sustainability technologies, from Prince Alwaleed bin Talal bin Abdulaziz AlSaud for SAR255 million ($68 million).
UAE-based Global South Utilities (GSU) has announced a strategic industrial collaboration with Weiheng, a Chinese global manufacturer of battery energy storage systems (BESS), aimed at localising advanced clean-energy manufacturing in Abu Dhabi and supporting the UAE’s industrial development, energy transformation, and Global South supply-chain ambitions.
