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The Gulf Tape

Earnings & Corporate

  1. ACWA Power Consortium Reaches Commercial Operation on Red

    Earnings & CorporateACWA Power's consortium, Marafiq Red Sea for Energy Company, reached the Project Commercial Operation Date for Red Sea Global's Red Sea destination on September 7, 2026, per Arab News, activating a 340MWac solar array paired with a 1,227MWh battery — reported as the largest off-grid battery installation globally — under a 25-year concession with no link to the national grid.
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