Silk Road Fund acquires 24% of energy project – Qabas



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Aqua Power, of Saudi Arabia, announced the acquisition of a 24.01% stake in the Dubai Electricity and Water Authority's (DEWA) solar power plant with a capacity of 700 megawatts in the United Arab Emirates.
The company, which is active in the sector of investment, development and operation of power plants and desalination plants, is the operator of projects and power plants electrical and desalination plants in many countries around the world.
Dubai, the fund of the Silk Road and Aqua Power.

The concentrated solar power project of Dubai Electricity and Water Authority (DEWA), led by an alliance led by Aqua Power to develop in 2017, is the value of acquisition or any information related to the role of the Chinese company in the project. Phase 4 of Mohammed Bin Rashid Al Maktoum's solar power station
The station will support Dubai Clean Energy 2050, which aims to increase Dubai's clean energy share to 25% by 2030 and allow for a reduction of 2.4 million tonnes of emissions
and the "Silk Road Fund", a development institution operating in the sector of exclusion (Anatolia)

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