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Acwa power
Gas power plant
ACWA to Acquire Engie’s Assets in Bahrain and Kuwait for $693M
The expansion aligns with ACWA Power’s strategy to triple its assets under management to $250bn by 2030.Saudi Arabia-based energy company ACWA Power has signed…
Green Hydrogen
SEFE Unites With ACWA Power to Supply Green Hydrogen to Europe
Securing Energy for Europe (SEFE)Germany’s Securing Energy for Europe (SEFE) has signed a memorandum of understanding (MoU) with Saudi Arabia’s ACWA…
Offshore Wind Power
Masdar, SOCAR and ACWA Power to Develop Offshore Wind in Azerbaijan
The parties will adhere to a corporation roadmap outlining crucial development milestones for Azerbaijan’s offshore wind sector.The Abu Dhabi future energ…
Wind Turbine
ACWA Power Secures $703M for Egyptian Wind Power Plant
ACWA Power has secured SR2.63 billion ($703 million) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez gove…
Photovoltaic （PV）
ACWA Seeks $145M for Uzbek Solar-Storage Schemes
[Image: ACWA Power]ACWA Power has applied for financing from the European Bank of Reconstruction and Development (EBRD) for two solar-storage projects in Uzbeki…
Wind Farm
Masdar, ACWA, and Socar Eye 3.5 GW of Wind Projects Offshore Azerbaijan
Abu Dhabi-based Masdar, Saudi Arabia’s ACWA Power, and the State Oil Company of the Republic of Azerbaijan (SOCAR) have teamed up to explore the developme…
Decarbonization
ACWA Power Signs $1.7bn Finance And Energy Deals
Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…
Solar Cell
Chinese PV Industry Brief: Tongwei Secures 1.17 GW Order in Saudi Arabia
Image: Tongwei SolarTongwei has landed a 1.17 GW solar panel order for Saudi Arabia’s Muwahy project, led by ACWA Power.Tongwei has signed a supply agreem…
Solar Power Plant
ACWA Power Secures $2.6 Billion for 5.5 GW of Solar in Saudi Arabia
Image: Chirayu Trivedi, UnsplashACWA Power has landed SAR 9.7 billion ($2.6 billion) from a consortium of local, regional and international banks for the develo…
Wind Farm
ACWA Begins Work on 200MW Wind Farm and 100MW BESS in Karakalpakstan
The project is set to achieve commercial operation by the fourth quarter of 2026. Credit: hrui / Shutterstock.Acwa Power has broken ground for the 200MW Beruniy…
Photovoltaic （PV）
ACWA Power Commissions 700 MW Photovoltaic Plant in Saudi Arabia
The plant has begun power generation after receiving a commercial operations certificate from its off-taker, the company stated on Tadawul.In 2022, ACWA Power s…
India
ACWA Power Signs Agreement for Indonesia’s First Floating Photovoltaic Project
ACWA Power has signed a power purchase agreement with Indonesian state-owned company PT Perusahaan Listrik Negara for its inaugural floating solar PV project in…
Photovoltaic （PV）
SPPC Signs PPAs for 5.5 GW Solar Photovoltaic Projects in Saudi Arabia
The PPAs have been signed with a consortium comprising Acwa Power, Badeel and Aramco Power.The Saudi Power Procurement Company (SPPC) has signed power purchase …
Hydrogen Project
ACWA Power and SINOPEC Forge Hydrogen and Ammonia Ties
ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a memorandum of und…
Photovoltaic （PV）
ACWA Power Gets Commercial Operation Certificate for 300 MW Photovoltaic Solar Project
Acwa Power, a leading Saudi developer of power and desalination projects, has announced that the project company for Shuaa Energy 3 plant in Dubai has obtained …
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