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Dubai is looking to implement the world's largest solar project
26/7/2018 12:00 am [rtl]Beijing / follow-up morning The Silk Road Fund and the Dubai Electricity and Water Authority (Dewa) recently signed an agreement to invest in a solar power project in Dubai.Under the agreement, the Silk Road Fund, the Dubai Electricity and Water Authority (DEWA) and the International Water and Power Projects Company (Aqua Power) will participate in the financing of the solar power project. The project, located at the Mohammed bin Rashid Al Maktoum Solar Complex, is the world's largest solar project and is an important component of Dubai 's clean energy strategy . The Silk Road Fund will invest in the project as a stock investor and the Shanghai Electricity Generation Group will be the project's contractor. Chinese experts said the Silk Road Fund's investment in the project will help align the Belt and Road Initiative with the UAE's clean energy development strategy, deepen cooperation between the two countries within the framework of the Belt and Road Initiative, and facilitate the transformation and development of China's electric power companies as well as the expansion of its global presence [/rtl] [rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=160621 [/rtl] |
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