ACWA Power

Saudi energy giant ACWA Power Co. has signed financing deals worth SR1.4 billion ($373.1 million) for Tashkent’s Riverside power plant in Uzbekistan, according to a statement on Tadawul. The facility aims to generate 200 megawatts of…
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Saudi-listed ACWA Power, the world’s largest private water desalination company and a leader in energy transition, has signed an agreement with the Tunisian government for a project that will produce up to 600,000 tons per year of green…
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Saudi Arabia’s ACWA Power signed memorandums of understanding with several Japanese companies on the sidelines of the Saudi-Japan Vision 2030 Business Forum that took place on May 21. ACWA Power signed agreements with Sumitomo Mitsui…
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The third stage of a Dubai-based 900-megawatt solar project being developed by Shuaa Energy 3 is ready to begin commercial operations, it has been announced. Saudi energy firm ACWA Power — which owns a 24 percent stake in the company…
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Saudi Arabia’s power generation is poised for a substantial boost following the successful closing of financing for two electricity projects, with a combined capacity of 3.6 gigawatts. The deals involving the Taiba 1 and Qassim 1…
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Saudi utility firm ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects. According to a report by the Malaysian National News Agency Bernama, ACWA Power will…
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In a bid to add impetus to the adoption of clean energy sources worldwide, Saudi utility firm ACWA Power has signed a deal with the International Renewable Energy Agency, said a press release issued on Thursday. The Saudi-listed firm…
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Saudi energy giant ACWA Power has secured an $80 million equity bridge loan from the Bank of China for its Uzbekistan initiatives. According to an official press release, the payment is split equally between Chinese yuan and US dollars,…
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Saudi energy giant ACWA Power has signed a SR985.13 million ($262.7 million) power purchase agreement with Uzbekistan's National Electric Grid for the Nukus2 200-megawatt wind project. In a Tadawul statement, ACWA Power clarified that…
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The King Abdulaziz City for Science and Technology and ACWA Power have signed a deal to establish a research center for clean energy and desalination technologies, the Saudi Press Agency reported on Sunday. The Center for the Development…
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