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 Power and IRENA join forces to lead energy transition initiatives
They will also look into driving investment in renewable projects.
4 days ago
ACWA Power and IRENA join forces to lead energy transition initiatives
They will also look into driving investment in renewable projects.
4 days ago
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.
ACWA Power reaches financial close for 200 MW Egyptian solar plant
The project is expected to start operations by January 2024.
ACWA Power consortium achieves financial close for 2.6 GW solar projects
The project is expected to start commercial operations in 2025.
ACWA Power installs 1st wind turbine for 500 MW Uzbekistan wind farm
The Bash Wind Farm will be completed in 2025.Â
Saudi Arabia’s ACWA Power secures land for 10GW Egypt wind project
The project is expected to generate 50,000 GWh of electricity annually.
ACWA Power bags $100m credit facility from state-owned China Construction Bank
This will be used to fund its projects in the Middle East and Belt & Road countries.
ACWA Power signs roadmap agreement for wind energy-battery storage in Kazakhstan
The wind project will have a capacity of 1 gigawatt.Â
Bahrain inaugurates independent water, power project
The IWPP could produce 1,500MW of electricity.
PIF subsidiary, ACWA Power invest US$3.25b in Saudi Arabia solar projects
The three solar projects seek to produce a combined capacity of 4.55GWac.Â
NEOM Green Hydrogen secures $8.4b in investment
It is expected to start production by end-2026.
ACWA Power inks deal for Uzbekistan wind, green hydrogen projects
It will contribute to Uzbekistan’sgoal to decarbonise 35% of its energy sector by 2030.