China’s Silk Road Fund is investing 3.9 BILLION in largest solar thermal project in world

China’s Silk Road Fund is investing in Dubai solar project, Acwa says – The National

China’s Silk Road Fund Co is investing in the world’s largest solar thermal plant that’s under development in Dubai, an executive at the company promoting the project said.

The project is being built by Riyadh-based Acwa Power International and Shanghai Electric Group Co Ltd. It’s expected to cost $3.9 billion to build and is planned to have a capacity of 700 megawatts, which is about half of what a nuclear reactor is capable of producing. Silk Road officials were not immediately available for comment.

via The National China’s Silk Road Fund is investing in Dubai solar project, Acwa says – The National

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