Qatar and Saudi Arabia announce four mammoth new solar projects totaling 7.5GW
Four massive new solar projects are under development in the Middle East, with a 2GW solar project proposed for Qatar, and three projects worth a cumulative 5.5GW securing financing in Saudi Arabia. State-owned petroleum company QatarEnergy will build a 2GW solar power plant, doubling the country’s total solar capacity in one fell swoop. Saudi Arabian energy giant ACWA Power has also announced that it has secured financing for three large-scale solar PV projects worth a total of $5.5 billion USD.
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