On Apr. 13 Beijing time, Shanghai Electric and ACWA Power signed the EPC contract for the 700MW solar thermal power project of Dubai in Shanghai. The project is the largest solar thermal power project in the world so far. Mr. Zhou Bo,the deputy mayor of Shanghai municipal government, Mr. HESaeed Mohammad Ahmad Al Tayer, general manager and CEO of Dubai Electricity & Water Authority (DEWA), Mr.Zheng Jianhua, president of the Shanghai Electric Group, ,and Mr. Mohammad A. Abunayyan, Chairman of ACWA Power, and leaders from Silk Road Foundation and other stakeholders presented the signing ceremony.