Saudi Arabia

ACWA Power ink partnerships with 9 Chinese firms

The Chinese companies will support the financing and construction of ACWA’s projects.

ACWA Power ink partnerships with 9 Chinese firms

The Chinese companies will support the financing and construction of ACWA’s projects.

ACWA Power, Badeel to develop over 2,000MW solar plant

It is expected to operate in the fourth quarter of 2025.

ACWA Power, Thai energy firms partner for hydrogen projects development

The facilities to be developed have an investment value of around $7b.

ACWA Power net profit surges 110% YoY in first 9 months of 2022

Its operating income before impairment loss and other expenses grew by 11% YoY.

Masdar opens new Saudia Arabia office

It will bid in Saudi Power Procurement’s upcoming Round 4 tender.

ACWA Power, EBRD sign sustainable infrastructure financing deal

Focus countries are Uzbekistan, Azerbaijan, and Egypt.

ACWA net profit rises 21% in H1

Its net profit stood at SAR542m during the period.

‘Vast potential’ seen in Saudi Arabia’s solar power sector: report

But, Fitch forecasts its capacity growth will only go over 5.1GW between 2022 and 2031. 

Saudi Arabia awards 1,000MW Ar Rass and Saad RE projects

The projects are valued at SAR1.7b and SAR800m, respectively.

Saudi’s ACWA Power launches Dubai solar giant

This 300-MW project forms part of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park.

ACWA Power targets $16b new projects for 2021

These projects would be spread out around the world.