Cheap solar supplying power at night seen soon in Middle East

"I expect concentrated-solar power, within 18 months, to be head to head with combined-cycle gas, if not more competitive," said ACWA Power International CEO, Paddy Padmanathan, in a London interview.

BY ANNA HIRTENSTEIN & MATHEW CARR, BLOOMBERG

Solar plants that supply electricity at competitive prices after the sun goes down are about to become a reality in the Middle East, according to one of the region's biggest developers of power plants.

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