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Saudi’s PIF to raise stake in ACWA Power, to expand overseas

PIF is also backing the country’s plans to diversify into solar power as well as waste management, infrastructure and entertainment ABU DHABI: Saudi Arabia’s Public Investment Fund (PIF) plans to increase its stake in ACWA Power to 40 percent from 25 percent and is looking to invest in electric vehicles and solar power, its managing […]

Jordan’s share of electricity from renewables grew from almost zero in 2014 to around 20% in 2020: IRENA