Green Hydrogen Production Facility Worth $5 Billion to Come Up in Saudi Arabia’s NEOM
Air Products, in collaboration with ACWA Power and NEOM, announced the signing of an agreement to develop a $5 billion (~₹372.7 billion) green hydrogen-based ammonia production facility powered by renewable ...
Dubai’s Renewable Energy Share in its Power Mix Exceeds Target
The Dubai Electricity and Water Authority (DEWA) has announced that the share of renewable energy in Dubai’s Energy mix has increased to nearly 9%. This exceeds the target set in ...
500 MW Solar Project in Oman’s Ibri Achieves Financial Closure
Saudi Arabia’s energy giant ACWA Power, along with the Gulf Investment Corporation (GIC) and Asia-Pacific Economic Cooperation (APEC), has achieved the financial closure for a 500 MW solar independent power ...
Saudi Arabia Announces List of Pre-Qualified Bidders for its 1.2 GW Solar Tender
The Saudi Arabia Renewable Energy Project Development Office (REPDO) has announced the list of companies that are pre-qualified to bid in round three for a combined solar capacity of 1.2 ...
Saudi Arabia’s ACWA Power Signs PPA with Egypt for a 200 MW Solar Project at Kom Ombo
ACWA Power, Saudi Arabia’s energy giant, has signed a power purchase agreement (PPA) with the government of Egypt to finance, develop, construct, and operate the 200 MW Kom Ombo solar ...
ACWA Power to Develop 250 MW of Solar Projects in Ethiopia
Saudi Arabia’s ACWA Power has won two 125 MW solar projects in Ethiopia in the country’s first round of solar program under Public-Private Partnership (PPP). The projects will be located ...
Dubai’s 900 MW Solar Auction Sees Record Low Tariffs
The International Company for Water and Power Projects (ACWA Power) has quoted the lowest tariff bid at less than ~$ 0.017/kWh for 900 MW of solar projects. The tender was ...
Silk Road Fund Gets 49% Stake in Saudi Arabia’s ACWA Power
Headquartered in Saudi Arabia, ACWA Power, a developer, owner, and operator of power generation and water desalination projects has signed an agreement with Silk Road Fund for a 49% stake ...
950 MW of Solar Projects in Dubai Achieve Financial Closure
The Dubai Electricity and Water Authority (DEWA) and a consortium of Saudi Arabia’s ACWA Power and the Silk Road Fund, which is owned by the Chinese Government, announced the financial closure ...
Kuwait-Saudi Consortium Wins 500 MW Solar Project in Oman
A consortium of Kuwait and Saudi Arabian companies has won the bid to develop 500 MW of large utility-scale solar independent power projects (IPP) located at Ibri in Oman, according ...
16 Companies Pre-Qualified for 500 MW of Solar Projects to be Developed in Tunisia
Tunisia has released a list consisting of 16 bidders in total for the development of 500 MW of solar projects across the country. The following companies have been pre-qualified by ...
ACWA Power Achieves Financial Closure for its 300 MW Sakaka Solar Project in Saudi Arabia
ACWA Power, a Saudi Arabia-based firm involved in the development, construction, and operation of power generation and desalination of water plants, has announced the financial closure of the Sakaka solar project ...
Saudi Arabia’s ACWA Power to Develop 100 MW Solar Project in South Africa
The International Company for Water and Power Projects (ACWA Power) has announced that it will soon begin the construction of a 100 MW solar project in South Africa. An agreement ...
Saudi Arabia’s Public Investment Fund Acquires 15.2% Stake in ACWA Power
The Public Investment Fund (PIF) of Saudi Arabia has acquired a 15.2 percent stake in International Company for Water and Power Projects (ACWA Power), a developer, owner, and operator of ...
ACWA Power to Develop 300 MW Sakaka Solar Project in Saudi Arabia
ACWA Power, a Saudi Arabia-based firm involved in the development, construction, and operation of power generation and desalination water plants, will develop the 300 MW grid-connected solar photovoltaic (PV) Sakaka ...
