Saudi Arabia
ACWA Power net profit surges 110% YoY in first 9 months of 2022
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.
Saudi’s ACWA Power, Senegal to develop desalination facility, natural gas plant
The project will be located in Sub-Saharan Africa.
ACWA net profit rises 21% in H1
Its net profit stood at SAR542m during the period.
Saudi’s ACWA Power to develop 1.1GW onshore wind project in Egypt
It is expected to operate by the end of 2026.
‘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.
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