Saudi Arabia
ACWA Power partner with 2 Chinese firms for clean energy development
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 signs roadmap agreement for wind energy-battery storage in Kazakhstan
The wind project will have a capacity of 1 gigawatt.
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.
NEOM Green Hydrogen secures $8.4b in investment
It is expected to start production by end-2026.
ACWA Power attributable net profit up 78% YoY in Q1 2023
Its operating income increased 7% YoY during the period.
ACWA Power secures finance for 200MW solar plant in Egypt
The project is targeted to commence commercial operations in January 2024.
Reykjavik, TAQA to develop geothermal power in Saudi Arabia
They plan to develop 1GW geothermal capacity in the country.
ACWA Power more than doubles net profit in 2022
Its consolidated net profit amounted to SAR1.54b (US$410.6m).
ACWA Power, Kazakhstan to develop 1GW wind energy, battery storage
The project is expected to be completed in 2027.
ACWA Power to develop RE projects in Azerbaijan
The agreements include the installation of 1GW onshore and 1.5GW offshore wind.
ACWA Power raises $479.7m under the Sukuk programme
It is the second phase of the SAR5b programme.
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.
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