The plant will sell power to the Saudi Power Procurement Company at $0.0236/kWh. Saudi energy group ACWA has secured SAR 1.2 billion ($319.9 million) in financing for its 300 MW Sakaka solar PV ...

In an exclusive interview with pv magazine, ACWA Power CEO Marco Arcelli said the Saudi energy giant is currently exploring opportunities to build a hydrogen corridor between Europe and the Middle ...

ACWA Power, a Saudi Arabian developer of power and water desalination plants, has launched its first overseas innovation centre in Pudong New Area, Shanghai, China. The new $2.8m facility includes ...

ZHOU GUOQIANG/FOR CHINA DAILY ACWA Power, a Riyadh, Saudi Arabia-based energy and water desalination giant, is set to deepen its foothold in China's rapidly growing renewable energy sector.

Saudi utility developer Acwa Power has signed a share purchase agreement with France's Engie for the latter's stakes in four water and power generation plant assets in Bahrain and Kuwait. The ...

The transaction comprises of an 18% stake in the Az Zour North in Kuwait. Additionally, ACWA is also acquiring 45% stakes in both the Al Ezzel and Al Dur projects, as well as a 30% stake in the Al ...