MOU agreement to enable joint development of innovative technologies and solutions to significantly enhance renewable energy efficiency and optimize implementation costs Partnership to also foster technology transfer and support socio-economic growth in Saudi Arabia by investing in renewable energy initiatives. Riyadh, Saudi Arabia : ACWA Power, a developer, investor and operator of power generation, water […]
ACWA POWER SIGNS POWER PURCHASE AND INVESTMENT AGREEMENTS FOR THREE NEW GREEN PROJECTS IN UZBEKISTAN – EQ Mag
Three solar photovoltaic plants with three BESS projects to be developed in Tashkent, Samarkand, and Bukhara Aggregate power production of 1.4 GW from solar PV projects and 1.5 GWh of storage capacity from Battery Energy Storage Systems (BESS) Total investment committed in energy projects currently stands at USD 7.5 bn Supporting Uzbekistan’s ambitious clean energy […]
ACWA POWER AND THE HIGHER INSTITUTE FOR WATER AND POWER TECHNOLOGIES LAUNCH THE RENEWABLE ENERGY AND OCCUPATIONAL SAFETY PROGRAM – EQ Mag
First program of its kind in the Kingdom of Saudi Arabia that focuses on training females in the renewable energy and water fields First batch will include 60 female trainees in the disciplines of water and mechanical maintenance Riyadh, Saudi Arabia : ACWA Power, a leading Saudi developer, investor, and operator of power generation, water […]
ACWA Power inks major renewable development deal with Kazakhstan government for 1GW wind energy and battery storage plant – EQ Mag
Heads of Agreement signed with the Ministry of Energy and Samruk-Kazyna, the country’s sovereign wealth fund in the presence of HRH Prince Abdulaziz New partnership indicates ACWA Power’s market entry into Kazakhstan Riyadh, Saudi Arabia : ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, […]
ACWA POWER EXPANDS PRESENCE IN AZERBAIJAN THROUGH KEY RENEWABLE ENERGY PARTNERSHIPS – EQ Mag
Inks multiple agreements with Republic’s Ministry of Energy and State Oil Company of Azerbaijan Republic (SOCAR) New projects to build Azerbaijan’s clean energy and aid decarbonisation efforts Riyadh, Saudi Arabia : ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has announced that four separate […]
ACWA Power to develop Uzbekistan’s first green hydrogen and green ammonia projects – EQ Mag
Saudi company signs extensive head of terms agreements with Uzbek government to set up a green hydrogen facility and pilot project for a green ammonia Riyadh, KSA : ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has signed extensive heads of terms agreements to […]
ACWA Power partners with European electricity supplier VERBUND for ambitious green hydrogen projects – EQ Mag
Saudi company to work with Austria’s leading electricity company to explore joint projects on green hydrogen Memorandum of Understanding signed during Abu Dhabi Sustainability Week 2023 Abu Dhabi, United Arab Emirates/ Riyadh, KSA : ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has finalised […]
Saudi ACWA Power signs MoU for 10 GW wind project in Egypt
CAIRO, Nov 1 (Reuters) – Saudi ACWA Power Company (2082.SE) has signed a memorandum of understanding (MoU) with the Egyptian New and Renewable Energy Authority and the Egyptian Electricity Transmission Company to build a 10 gigawatt (GW) wind energy project in Egypt, the Saudi Energy Ministry said on Tuesday. Reporting by Ahmad Elhamy and Mahmoud […]
ACWA Power reports increase in net profit for third quarter and first nine months of 2022
Consolidated net profit attributable to equity holders of the parent for the first nine months of SAR883 million, a 110% increase year-on-year Adjusted net profit increased by 7% year-on-year Riyadh, Kingdom of Saudi Arabia: ACWA Power Company, a publicly listed company on the Saudi Arabian Tadawul stock exchange (ACWA Power: 2082) and a leading Saudi […]
Acwa Power Set to Enter Indonesia with Two Floating Solar Pv Projects – EQ Mag Pro
Saguling and Singkarak projects represent a 110MWac combined capacity and US$105million in investment value Facilities are ACWA Power’s first floating solar PV projects in its 60+asset portfolio Riyadh, Kingdom of Saudi Arabia : ACWA Power Company, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants, today announced that […]