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ACWA Power announced the signing of an agreement to implement a 200-Megawatt solar power plant in Egypt, as part of the country's plan to develop renewable energy projects. This plant is expected to contribute to fuel savings and reduce carbon emissions. It aligns with the Egyptian government's efforts to achieve the national target of increasing the share of renewable energy to 42% by 2030. The project will be completed over a period of 15 months, with official operation expected to begin in mid-2026.
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