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Monday, 22 October 2018

Fas Energy reportedly completed USD 75 mn 50 MW solar power plant under FiT phase one program

Fas Energy, a subsidiary of Saudi Arabia’s Al Hokair Group, reportedly completed a 50 MW solar power plant under phase one of the feed-in tariff program for USD 75 mn, an unnamed official from the New and Renewable Energy Authority said, according to Al Mal. We reported earlier this month that the government was planning to fine Fas for delays in delivering its solar power plant at the Benban complex in time.

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