ACWA Power

Saudi's ACWA Power to develop 240MW wind power project in Azerbaijan
The project is deemed to bolster the government’s efforts in diversifying Azerbaijan’s energy mix by leveraging the country’s rich renewable energy resources and strengthening energy security
ACWA Power, SABIC partner to elevate local content in the renewable energy sector in Saudi Arabia
Under the terms of the agreement, SABIC will support ACWA Power’s efforts to develop Local Content in the country by assessing and conducting feasibility studies for potential opportunities which could add value to the local economy and generate employment for Saudi nationals
Saudi's ACWA Power to drive solar energy development in Ethiopia
The PV projects are estimated to power 750,000 homes in Ethiopia and offset 320,000 tonnes of carbon dioxide per year
ACWA Power commences commercial operations at Risha PV in Jordan
The USD 68 million solar plant with a capacity of 50 MW marked Commercial Operation Date (COD) on schedule
$800mn financial close achieved for Umm Al Quwain desalination plant
The $800 million project is mainly funded by a syndicate of seven international and local lenders who will provide $680 million senior debt
Saudi Arabia’s 300MW Sakaka PV solar plant connected to main grid
The PV facility was completed a month and a half ahead of schedule by Saudi energy company ACWA Power. The project will sell power at $0.0236/kWh

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