ACWA Power partner with 2 Chinese firms for clean energy development
This will include green hydrogen and ammonia, amongst others.
Saudi Arabia-based ACWA Power signed memorandums of understanding with state-owned China Southern Power Grid International Company and clean energy integrated solutions provider MingYang Smart Energy Group to drive collaboration for clean energy.
In a statement, ACWA Power said the partnership will cover various areas such as green hydrogen and ammonia, global renewable energies and integrated smart energies.
“ACWA Power is committed to contributing to the energy transition under Vision 2030, and we believe that our partnership with Chinese companies is essential to this effort as they have played a significant role in the development of renewable energy in Saudi Arabia,” said ACWA Power Chairman Mohammad Abunayyan.
The company has collaborated with various Chinese companies in the past such as with the China Energy Engineering Corporation for the installation of the largest wind turbine in Central Asia, and the signing of agreements with nine Chinese firms at the 1st China Arab Summit.