Chen Guanfu (L3), deputy general manager of POWERCHINA, meets with ACWA Power representatives in Shanghai.
Chen Guanfu, deputy general manager of POWERCHINA, was invited to attend a thematic exchange event hosted by ACWA Power in Shanghai on Nov 9. During the event, he also held talks with Marco Arcelli, CEO of ACWA Power.
Chen expressed his gratitude to ACWA Power for its long-standing trust and support for POWERCHINA, and reviewed the history of their long-term cooperation. He pointed out that relations between China and Saudi Arabia are currently at an all-time high.
Saudi Arabia's Vision 2030 and China's Belt and Road Initiative are highly compatible, creating broad cooperation opportunities for both parties in fields such as new energy, traditional energy, and desalination.
As one of POWERCHINA's key strategic partners in overseas markets, ACWA Power has successfully implemented several landmark projects with POWERCHINA in various countries, yielding fruitful cooperation outcomes.
He expressed hope that, by building on their strong existing partnership, both parties would further enhance strategic alignment and achieve even greater mutual benefits and win-win outcomes.
Arcelli highly praised POWERCHINA's professional capabilities demonstrated in project execution and collaborative coordination. He stated that POWERCHINA is a trustworthy long-term strategic partner for ACWA Power, and their cooperation across various fields has made significant contributions to the mutually beneficial relationship between Saudi Arabia and China.
ACWA Power will continue to uphold its philosophy of openness and win-win cooperation, working hand in hand with POWERCHINA to deepen practical cooperation in areas such as energy, power, desalination, and green hydrogen, jointly contributing to global energy transition and green development.
