It will be the largest integrated power and water plant in the country and produce over 2,700MW of energy and at least 120 MIGDs of desalinated water
ACWA Power
Latest in ACWA Power
ACWA Power
Saudi Power Procurement Company to buy $8.3 billion worth clean energy
The company signs Power Purchase agreement for 15GW with ACWA Power, PIF’s Badeel and Saudi Aramco’s Aramco Power
ACWA Power
Saudi’s ACWA Power’s $1.9bn rights issue approved by shareholders
Company earmarks nearly $1.59bn for financing current and future projects and up to $380mn for mergers and acquisitions
ACWA Power
Saudi’s ACWA Power eyes $10bn investment through new partnerships in Malaysia
The partnership pacts aim to create powerful synergy between Malaysia’s innovative ecosystem and Saudi Arabia’s energy transition expertise
ACWA Power
ACWA Power expands US ties with $500mn green energy agreements
At the Saudi–US Investment Forum in Riyadh, ACWA Power deepens ties with American firms in clean energy, hydrogen, and desalination technologies
ACWA Power
ACWA Power secures $200mn loan for its new HQ in Riyadh
The new sustainable building will meet the highest standards of green building and incorporate various Net Zero requirements
ACWA Power
Saudi’s ACWA Power launches first overseas innovation hub in Shanghai with $2.8mn investment
Saudi-based firm focuses on green energy, hydrogen, and desalination tech in China
ACWA Power
ACWA Power signs $2.3bn deal for Egypt’s largest wind farm
The PPA with the Egyptian Electricity Transmission Company includes a 2.0 GW Wind Project, exceeding ACWA Power’s current 1.1 GW Suez Wind Farm
acquisition
ACWA Power expands in Gulf with $693mn deal for Bahrain, Kuwait assets
Under the terms of the agreement, ACWA Power will acquire ENGIE’s shares in the four key operating assets
ACWA Power
ACWA Power and Italy’s Snam forge partnership to develop green hydrogen supply chain to Europe
The partnership will involve exploring potential collaboration and joint investments aimed at establishing an international supply chain for a dependable and cost-effective supply of green hydrogen from Saudi Arabia to Europe
ACWA Power
Saudi Arabia’s ACWA Power proposes $1.9bn rights issue
Saudi Tadawul authority said the company has applied for the issue to increase in its paid-up capital
ACWA Power
Saudi and South Korean firms sign $4bn power deal
Saudi power and electricity companies team up with Korea’s KEPCO to produce sustainable energy
ACWA Power
Green hydrogen: Innovation and investment will unlock the energy transition’s second wave
Saudi Arabia could be home to the tipping point for the future fuel
ACWA Power
ACWA Power, SEWA sign agreement for Sharjah’s first independent water project
The plant will generate nearly 272,000 cubic metre per day of desalinated water by Q2 2027
ACWA Power
Renowned energy firms bid for EWEC’s Al Ajban Solar PV project in Abu Dhabi
The project will power over 160,000 homes and is expected to reduce Abu Dhabi’s CO2 emissions by up to 2.4 million tonnes per year
ACWA Power
AB In Focus: The Middle East’s role as an energy transition hub
Andrea Lovato, Global Head of Hydrogen, ACWA Power discusses the role the Middle East will play in the global battle against climate change
ACWA Power
Saudi Arabia’s NEOM announces new green hydrogen plans
The move is part of the kingdom’s efforts to built the world’s largest green hydrogen-based ammonia production plant for the futuristic city
