saudi aramco amin nasser
Saudi Aramco President and Chief Executive Amin H. Nasser.
  • Saudi Aramco CEO Amin Nasser praised China for making solar panels and electric vehicles affordable.
  • The West has recently stepped up criticism over China's dumping of cheap green products on the global markets.
  • Saudi Arabia is fostering closer ties with China and wooing Chinese investments and business partnerships.

China's green industries have an unlikely ally in Saudi Aramco — the world's largest oil company — who praised the world's second-largest economy for making solar panels and electric vehicles affordable.

"China really helped by reducing the cost of solar energy," Amin Nasser, the CEO of state-owned Saudi Aramco, said at the World Energy Congress in Rotterdam on Monday, according to the Financial Times.