ACWA Power
ACWA Power is a developer, investor, and operator of power generation and desalinated water plants. It has 67 assets in operations, construction or advanced development in 13 countries. Its portfolio, which has an investment of over $67.6b, can generate 43.5GW of power and produce 6.4 million m3/day of desalinated water.
ACWA, Sumitomo to develop $4.2b renewable energy projects in Uzbekistan
Solar, wind, and energy storage projects will be built.
ACWA, Sumitomo to develop $4.2b renewable energy projects in Uzbekistan
Solar, wind, and energy storage projects will be built.
ACWA Power breaks ground for wind power, battery projects in Uzbekistan
A power transmission line will also be built.
ACWA Power’s net profit up 36% to $251.19m in H1
A number of projects went online in the past months.
ACWA Power to boost capital by $1.9b
It will help drive the company’s goal of tripling its assets by 2030.
ACWA Power signs deal with Itochu for green ammonia in Egypt
They will offtake around 600,000 tonnes of green ammonia initially.
ACWA Power sells 30% stake in RAWEC to Hassana
The company holds a 99% stake in the independent water, steam and power producer.
ACWA Power and Tunisia partner for green hydrogen project
This will support Tunisia’s strategy of exporting green hydrogen to Europe.
ACWA Power begins operations of 300 MW Shuaa Energy 3 Phase C
The power plant has a total capacity of 900 MW.
ACWA Power and SOCAR partner to advance RE projects in Azerbaijan
The Saudi-based firm is developing a 240 MW wind power plant in Azerbaijan.
ACWA Power inks $3b debt financing for 3,600 MW CCGT projects
The financing will be used for the construction of two CCGT projects.
ACWA Power and IRENA join forces to lead energy transition initiatives
They will also look into driving investment in renewable projects.
ACWA to develop largest green hydrogen facility in Indonesia
The project will be supported by 600 MW of solar and wind power.
ACWA Power inked US$746m energy deals
Of the US$746m, the US$500m deal was for power generation and green ammonia projects.
ACWA Power inks deal with Dutch entities for green hydrogen export corridor
Saudi Arabia and the Netherlands boost cooperation in clean hydrogen.
ACWA Power reaches financial close for over 10 projects worth $14b
This is the largest-ever recorded in the company’s history.
ACWA Power partner with 2 Chinese firms for clean energy development
This will include green hydrogen and ammonia, amongst others.
ACWA Power inks deals with 6 Italian firms for green hydrogen, water desalination dev’t
The partnerships will also explore research and development in the sector.
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5 China Resources Power projects in Cangnan, Dengfeng, Hezhou, Jinzhou, and Ningwu win at Asian Power Awards 2024
![5 China Resources Power projects in Cangnan, Dengfeng, Hezhou, Jinzhou, and Ningwu win at Asian Power Awards 2024]()
Co-Written / Partner
The power company’s achievement was in recognition of the significant milestones of its power plants and wind farm project.
The power company’s achievement was in recognition of the significant milestones of its power plants and wind farm project.
Commentary
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors