The 2,060MW solar plant is set to be developed in Saudi Arabia’s Makkah province
ACWA Power owns 51 per cent of the 5 GW Sirdarya combined cycle gas turbine facility, with Silk Road Fund obtaining a 49 per cent stake
About 30 per cent of Taqa’s total generation will be made up of solar or wind plants
The extra oil going toward power may limit the price impact of OPEC’s plan to taper output restrictions from next month
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