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950 MW of Solar Projects in Dubai Achieve Financial Closure

The 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park will comprise 700 MW of concentrated solar power technology and 250 MW of solar photovoltaic panels

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The Dubai Electricity and Water Authority (DEWA) and a consortium of Saudi Arabia’s ACWA Power and the Silk Road Fund, which is owned by the Chinese Government, announced the financial closure for a 950 MW solar park project. This would be the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.

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