• 27+ GW

    of power

    power
  • 3 million M3 day

    of desalinated water

    water

Press Releases

  • Saudi Aramco, Air Products, and ACWA Power to Form 
Over $8 Billion Gasification/Power Joint Venture at Jazan Economic City

    Saudi Aramco, Air Products, and ACWA Power to Form 
Over $8 Billion Gasification/Power Joint Venture at Jazan Economic City

    Sunday, 12 August 2018

    The JV will enhance the overall value of the refinery and integrated gasification combined cycle power plant, aiding in transforming the Jazan Province by positioning JEC for additional FDI and private sector involvement.

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  • ACWA Power Secures Significant Investment from Silk Road Fund

    ACWA Power Secures Significant Investment from Silk Road Fund

    Sunday, 22 July 2018

    ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants, is delighted to announce that China’s Silk Road Fund will acquire a 24.01% equity interest in the 700MW DEWA Concentrated Solar Power (“CSP”) project in the United Arab Emirates.

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  • EBRD, ACWA Power and Numerco partner to deliver carbon neutral Annual Meeting

    EBRD, ACWA Power and Numerco partner to deliver carbon neutral Annual Meeting

    Thursday, 19 July 2018

    ACWA Power recently partnered with the European Bank for Reconstruction and Development (EBRD), and Numerco, a company specialising in sourcing and supply chain optimisation, to offset the carbon footprint of the twenty-seventh EBRD Annual Meeting and Business Forum.

    The EBRD started purchasing carbon credits to make its Annual Meeting carbon-neutral since 2013; in previous years, it made investments in energy efficiency to off-set emissions. The Bank is currently in the process of making its entire operations carbon-neutral.

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  • ACWA Power signs an investment agreement with Central Energy Fund for Redstone CSP Plant

    ACWA Power signs an investment agreement with Central Energy Fund for Redstone CSP Plant

    Friday, 13 July 2018

    100MW solar power project to start construction this year, suppling power to 210,000 South African homes even during evening peak demand periods once operational.

    In the presence of the President of South Africa, H.E. Cyril Ramaphosa, on the occasion of his State Visit to the Kingdom of Saudi Arabia, a cooperation agreement was entered into by the Central Energy Fund of South Africa and ACWA Power, a leading Saudi Arabian developer, owner, and operator of power generation and water desalination plants.

     

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