Dubai awards $3.9 billion solar energy contract to Shanghai Electric, ACWA Power

16 September 2017, Dubai — Dubai’s state energy utility awarded a $3.9 billion contract to build and run a 700-megawatt solar power plant to a consortium comprising Shanghai Electric and Saudi Arabia’s ACWA Power, the government said on Saturday. The project will feature a 260-metre (850-foot) tower receiving focused sunlight, the world’s tallest such tower, […] More »