TAG: "ACWA Power"

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ACWA Power and Masdar Join Forces for 500MW RE Projects in Azerbaijan

ACWA Power has been actively involved in Azerbaijan's green initiatives since 2019, contributing to renewable energy integration, reducing greenhouse gas emissions, and supporting comprehensive decarbonisation strategies.

ACWA Power | November 09, 2023 | By News Bureau | 477

ACWA Power, PIF and Aramco to Reach Financial Close for Al Shuaibah 1 and 2 Solar Projects

ACWA Power, a Saudi-listed company, Badeel, wholly owned by Public Investment Fund (PIF), and Saudi Aramco Power Company (SAPCO), an entirely owned subsidiary of Aramco announces the successful financial close of Al Shuaibah 1 and Al Shuaibah 2 solar PV projects which will produce an aggregate capacity over 2.6GW of clean electricity for Saudi Arabia.

ACWA Power | August 22, 2023 | By Nivedita Ojha | 1040

ACWA Power Signs MoU with NREA to Allocate Land for 10 GW Wind Project in Egypt

The wind project is expected to generate around 50 thousand gigawatt-hours of clean energy annually, providing electricity to around 11 million households and mitigating the impact of 25.5 million tonnes of carbon emissions each year.

ACWA Power | July 19, 2023 | By News Bureau | 423

ACWA Power Consortium Invests USD 2.2 Billion for Deploying Al-Shuaibah Solar Projects

By Q4 of 2025, the 2,060 MW solar photovoltaic project is expected to begin operating for profit.

ACWA Power | July 18, 2023 | By Nivedita Ojha | 374

Morocco-Based Agency Masen Declares Pre-Qualified Firms for 400 MW Solar Project

The pre-qualified joint ventures for the building of the Noor Midelt II solar plant in the Atlas Mountains include a series of industry leaders.

ACWA Power | July 11, 2023 | By Nivedita Ojha | 528

Envision Energy to Supply Turbines for 1 GW Bash & Dzhankeldy Wind Projects in Uzbekistan

The Bash & Djankeldy wind projects will contribute immensely to Uzbekistan's objective of installing 5000 MW of wind energy by 2030.

ACWA Power | June 22, 2023 | By News Bureau | 728

ACWA Power Signs MoU with Huawei to Advance the Development of Renewable Energy and Storage Projects

The joint initiative between ACWA Power and Huawei Digital Power will focus on developing cutting-edge technology that optimize the efficiency and reduce costs associated with renewable energy projects.

ACWA Power | June 19, 2023 | By News Bureau | 431

ACWA Power Inks USD 1.5 Billion Wind and Battery Storage Project in Kazakhstan

This project not only enables a major tie-up between Saudi Arabia and Kazakhstan but also contributes to ACWA Power’s worldwide portfolio of power generation, water desalination, and green hydrogen plants.

ACWA Power | June 17, 2023 | By Nivedita Ojha | 477

DEWA Receives Two Bids from ACWA Power and Masdar for 1800MW 6th phase of Mohammed bin Rashid Al Maktoum Solar Park

Masdar submitted the lowest bid of USD 1.62154 cents per kilowatt hour (kWh) for the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park using photovoltaic (PV) solar panels, based on the Independent Power Producer (IPP) model. This phase will become operational in stages starting from Q4 of 2024.

ACWA Power | June 09, 2023 | By News Bureau | 914

ACWA Power Inaugurates First Integrated Water Desalination - Solar PV Project in Saudi Arabia

Jazlah encompasses a 45.5 MW solar PV power generation facility, which will account for 20 percent of the plant’s energy consumption and will deliver clean water to over three million people at a tariff of 0.41 USD/m3, using reverse osmosis technology.

ACWA Power | June 07, 2023 | By Anurima Mondal | 947