UAE SOLAR INVESTMENT $2 BLN
AB - The Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia's ACWA Power and the Chinese-government owned Silk Road Fund have completed financing of the 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, it was announced on Sunday.
The solar park is eventually expected to produce 5,000 megawatts by 2030, with investments totalling AED 50 billion ($13.61 billion).
"This phase is the largest single site investment project…
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