Eng. Al-Falih disclosed that there is a strong partnership between Saudi Arabia and the U.S. in the field of research, citing that an initiative was launched coinciding with the meetings of COP21 Paris through which the Kingdom's research agencies work to develop a new technology for the energy efficiency, transferring the encircled carbon to useful products or use it in oil production to reduce the environmental impact of carbon. In addition, the Americans discussed, according to Al-Falih the renewable energy issue as the Kingdom has announced that it would introduce 10 megawatts of the Kingdom's power consumption through wind energy with the Americans offering their experience in this reared and encourage this industry through loans and other U.S. working mechanisms. The Saudi side requested that the experience of U.S. research centers in this regard be transferred to Riyadh-based King Abdullah Center for Oil Studies, Al-Falih said, adding that U.S. companies were invited to redouble their investments in the Kingdom in their capacity as secure economic environment as regards the firmness of policies. He said that the Saudi side hopes to attract the investment experience in basic industries like oil, refining, petrochemicals, Aluminum to two other levels: first the transformative industries and the use of advanced materials produced by the petrochemical industry, taking in mind the availability of incentive-priced electricity, oil and gas together with an unprecedented infrastructure, citing Jubail and Yanbu Royal Commission, Ras Al-Khair, Jazan, and Mudun. He said if matters go like this, we could enter into final transformative industries , including vehicles, local appliances, renewable energy industries, he said, citing wring energy turbines. Secondly, is the field of services in its capacity as the biggest job producers, and that the Kingdom would become the biggest services producer, citing energy, minding and services sector. --More 02:11 LOCAL TIME 23:11 GMT www.spa.gov.sa/w