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Egypt: ACWA Power Advances $4B Green Hydrogen Project

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Advancing green hydrogen development in North Africa, ACWA Power has signed a framework agreement with Egypt’s energy authorities for the development of a four-billion-dollar green hydrogen project. Powered by wind and solar plants, the facility’s first phase will produce 600,000 tons of green ammonia per year, with a view to scaling production to two million […]

ACWA Power attracts $10 billion in Chinese investments as it eyes new projects

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· Furthering collaboration between Saudi Arabia and China in the fields of clean energy and water desalination, ACWA Power signed cooperation agreements at the third Belt and Road Forum in Beijing Beijing, China : Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has […]

Saudi’s ACWA Power to kick off China operations in 2024

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Move is part of company’s global expansion plan running through 2030 Saudi Arabian private utility ACWA Power will kick off its operations in China in 2024, as it looks to boost its footprint in the Asia-Pacific region. The move is part of the company’s global expansion plan which will run through 2030, Bloomberg reported, quoting […]

ACWA Power Inaugurates First Integrated Water Desalination – EQ Mag

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The plant is the first-of-its-kind in the kingdom due to its integration with photovoltaic (PV) solar power ACWA Power along with Gulf Investment Corporation (GIC) and AlBawani Water & Power Company (AWP), have inaugurated Jubail 3A independent water desalination plant (Jazlah Water Desalination Company). This follows the award of the commercial operation certificate from Saudi […]

ACWA Power inaugurates $650mn Jubail 3A desalination plant – EQ Mag

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The project introduces to the kingdom a first-case integration with photovoltaic (PV) solar power, and is the first IWP in the eastern region producing 600,000 m3 of desalinated water daily Saudi-based leader in development, investment, and operation of power generation, water desalination and green hydrogen plant, ACWA Power, has inaugurated the Jubail 3A independent water […]

ACWA Power, PIF-owned Badeel invest $3.3bn in Saudi solar projects – EQ Mag

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The projects intend to produce a combined capacity of 4.55GWac, powering approximately 750,000 households Saudi PIF-owned Badeel and ACWA Power have signed power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development, and operation of three major new solar PV Independent Power Producer (IPP) projects in Saudi Arabia. Advancing Saudi Arabia’s […]