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Pretty cool. This will provide the yearly power needs for 2 million people in a country of 20 million for reference.
Now, add this information(https://lemmygrad.ml/post/8464875) to the mix and the future looks even brighter for the AES.
🤩
I would be a bit worried about foreign investment/ownership (70%) mentioned. But they seem to be very critical and deliberate with disciplining foreign capital. This capacity is 16% of power from oil and 13.8% of total national power usage in 2022.
This is the same government that just recently nationalized French owned mining companies. I trust that they know what they are doing here and will do the right thing. After all, China also used foreign investment to develop. The key is always in the details of how it is implemented and how it is handled in the long term.
Exactly. It would be amusing if this was a rug-pull: "thanks for the capital, you are now expropriated." Although that would dissuade a lot of future investment. 30% government stake also means getting to majority ownership is %66 the cost they have already put up. Definitely doable.
I found a YouTube link in your post. Here are links to the same video on alternative frontends that protect your privacy:
this post was submitted on 09 Jul 2025
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