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Saudi Government Raises Ownership to Half of Global Solar Leader ACWA Power

CAIRO/DUBAI : The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, said on Thursday it has increased its stake in ACWA Power to 50% from 33.6% as part of a move to support the renewable energy sector in Saudi Arabia. ACWA Power is planning an initial public offering and leads a consortium that will […]

EWEC Forecasts Halving CO2 Emissions from Water and Electricity Production by 2025