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 secures $142m financing for RE projects in Uzbekistan
ACWA Power secures $142m financing for RE projects in Uzbekistan
The loans will fund a solar and battery facility in the Central Asian country.
ACWA Power and partners to develop $8.3b renewable energy projects in Saudi Arabia
This will fund the development of seven new energy plants.
ACWA Power inks deals for multi-billion-dollar power project in Indonesia
The projects will include renewable energy generation and green hydrogen.
ACWA Power and Malaysia eye 12.5 GW of power generation by 2040
Various energy agreements were signed between the two parties.
ACWA Power’s 1 GW wind portfolio in Uzbekistan reaches full commercial operations
This was achieved two months ahead of schedule.
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.
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