Acwa has signed an investment agreement with the Ministry of Energy and Natural Resources of the Republic of Türkiye under the 5 GW intergovernmental renewable energy programme. Under the agreement, Acwa will be responsible for […]
ACWA Power has concluded the sale of 35 per cent of its ownership in the ACWA Power Bash Wind Project Holding Company Limited and ACWA Power Uzbekistan Wind Project Holding Company Limited to China Southern […]
ACWA Power has completed the dry financial close for the Tashkent Riverside project for a value of $533 million in Uzbekistan. This project includes a 200 MW solar photovoltaic facility and a 500 MWh battery […]
ACWA Power has signed a MoU with the Tunisian Government represented by the Ministry of Industry, Mines and Energy to explore the potential for a green hydrogen project. The project aims to produce up to […]
ACWA Power has launched the first phase of a 3,000 tonne-per-year green hydrogen project in Uzbekistan. Reportedly, the project will be built in two phases. The first phase, a 3,000-tonne green ammonia pilot project, is […]
The ACWA Power-led consortium has completed funding for Al-Shuaibah 1 and Al-Shuaibah 2, totalling SR8.3 billion ($2.2 billion) in investment. The main partners in the financing structure, which combines long-term debt and equity, are ACWA […]
Acwa Power, a Saudi energy company, has been awarded a contract to construct two floating solar photovoltaic (PV) power projects from Indonesia’s state-owned utility PT Perusahaan Listrik Negara (PLN). The agreement covers the 50 MWac […]
ACWA Power, a Saudi energy company, has inked an agreement with Uzbekistan’s Ministry of Energy to develop a 1.5 GW onshore wind project in the Karakalpakstan region. The project is anticipated to reach financial close […]
ACWA Power, a Saudi energy company, and Hassan Allam Holdings, an Egyptian engineering company, have signed a project agreement to develop a 1.1 GW wind project. The wind project will be constructed in Egypt’s Gulf […]
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