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FINANCIAL NEWS
Dubai to install USD100 m of solar panels
09 Dec 2013
(MENAFN) Dubai plans to install what worth US$100 million of solar panels to meet its renewable energy target for Expo 2020, according to the National AE.
50 megawatts of electricity will be produced by 200,000 panels in order to achieve the emirate’s goal of meeting 50 per cent of the event”s operational power demand.
Vahid Fotuhi, the head of strategic advisory at Access, said: “Achieving that will not be an issue, and I think they will far exceed that. If there are innovations like energy storage, you”d reach [between 2 and 4] per cent easily.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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