Al Dhafra Solar PV project is expected to provide approximately 160,000 households across the UAE with electricity
Prices for benchmark Brent crude have slumped 52 per cent this year, falling far below levels that most governments in the region need to balance their budgets
The 2GW Al Dhafra Solar PV project is slated for completion in the second quarter of 2022
Excess energy can be sold to the utility
Swiss and German investment funds are undertaking the project.
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