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, Badeel to develop over 2,000MW solar plant
It is expected to operate in the fourth quarter of 2025.
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, PT PLN ink MoU for battery, green hydrogen dev’t in Indonesia
It also includes a pump storage project for a hydroelectricity facility.
ACWA Power, OIA ink MoU to co-invest in 1.5GW wind project in Egypt
The Oman Investment Authority is looking into owning 10% of the project.
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.
ACWA Power, EBRD sign sustainable infrastructure financing deal
Focus countries are Uzbekistan, Azerbaijan, and Egypt.
ACWA Power, KEPCO ink deal for green hydrogen, ammonia projects development
The partnership is aimed to decarbonise the operations of KEPCO.
Saudi’s ACWA Power, Senegal to develop desalination facility, natural gas plant
The project will be located in Sub-Saharan Africa.
ACWA Power, Silk Road Fund now co-investor for CCGT facility in Uzbekistan
The project is expected to be operational by early 2024.
Saudi Arabia’s ACWA power expands in Uzbekistan
The company seeks to develop gas-to-power, renewable energy, and green hydrogen.
ACWA net profit rises 21% in H1
Its net profit stood at SAR542m during the period.
ACWA Power, POSCO partner to develop green hydrogen in South Korea
The MoU seeks to decarbonise POSCO Group’s power generation.
Saudi’s ACWA Power to develop 1.1GW onshore wind project in Egypt
It is expected to operate by the end of 2026.
ACWA Power breaks ground on 100MW wind project in Uzbekistan
It is expected to start commercial operation in 2024.
Thailand, Singapore lead in energy transition readiness in SEA: PwC
These countries ensure 100% energy accessibility and have over 40% reserve margins.
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.