ACWA Power

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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The Egyptian government signed an agreement on Wednesday with a consortium led by Saudi utility company ACWA Power for wind energy production in the Gulf of Suez and Gulf of Zeit. The project aims to generate 1.1 gigawatts of power and…
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Saudi Arabia’s ACWA Power has stepped up its focus on green hydrogen and renewables by joining the Institute of Energy Economics, Japan, a leading think tank on energy and environmental issues. The utility major announced the membership…
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Saudi Arabia’s ACWA Power plans to develop 500 megawatts of renewable energy projects in Azerbaijan in partnership with Abu Dhabi Future Energy Co., also known as Masdar. According to a press statement, the Saudi-listed utility giant…
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Saudi Arabia’s utility company ACWA Power has received a commercial operation certificate for the second phase of the 1,500 megawatts Sudair solar power project, according to a bourse filing. The company told Tadawul on Sunday that it…
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Saudi Arabia’s utility company ACWA Power has entered into seven cooperation agreements with various Chinese firms across multiple sectors, including solar energy, green hydrogen, and water desalination. These deals were signed during…
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Having initiated projects in the renewables, green hydrogen and water desalination sectors, Saudi Arabia’s ACWA Power has announced a financial closure of $14 billion in the past year, the largest in the company’s history. The listed…
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