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Saudi Arabia: Solar power is cheaper than gas at breakthrough project in Dubai

The record-breaking low tariff agreed in September between Dubai Electricity and Water Authority (Dewa) and the ACWA Power-Shanghai Electric consortium to build the fourth phase of the Mohammed Bin Rashid Al-Maktoum Solar Park will not only deliver the commercial emirate one of the world’s most modern power generation facilities. It also cements Saudi-owned ACWA’s position as a dominant global force in the development of concentrated solar power (CSP).

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