Articles tagged with 'news' | ACWA Power

ACWA POWER | NewsRoom (news)

2020
23
September
2020
| 14:37 Europe/Amsterdam
Top 3 innovative ideas related to power and water sector development will be mentored and incubated through ACWA Power’s flagship institute - The Higher Institute for Water and Power Technologies (HIWPT) ...
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10
September
2020
| 16:31 Europe/Amsterdam
Bulgaria, 10 September, 2020: ACF Renewable Energy Limited, a subsidiary of ACWA Power has today completed a sale of its 100% stake in ACWA Power CF Karad PV Park EAD (“ACWA Power Karad”), owner of the 60.4 MWp Karadzhalovo photovoltaic (PV) power pl...
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07
September
2020
| 10:20 Europe/Amsterdam
Signing of the financing agreements for the USD$650m project was completed in less than four months from the date of signing of the Water Purchase Agreement in May 2020 ...
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03
September
2020
| 09:44 Europe/Amsterdam
Dubai, United Arab Emirates, 02 September, 2020: ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation and desalinated water plants, completed the signing of all financing agreements of the 900MW solar PV project, S...
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29
July
2020
| 09:00 Europe/Amsterdam
28 July 2020: ACWA Power today announced the appointment of Shanghai Electric as the Engineering, Procurement and Construction (EPC) contractor for the 5th phase of the Mohammed bin Rashid Solar Park, which follows within only 3 months of the PPA sig...
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12
July
2020
| 13:47 Europe/Amsterdam
HRH Prince Faisal Bin Salman, Prince of Madinah Province, and HE Dr. Tawfiq bin Fawzan Al-Rabiah, Minister of Health, inaugurated the hospital and announced the commencement of operations HRH Prince Faisal Bin Salman names the initiative “Nujood M...
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09
July
2020
| 09:40 Europe/Amsterdam
LEHIGH VALLEY, PA (July 7, 2020) — Air Products, in conjunction with ACWA Power and NEOM, announced the signing of an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, wh...
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02
July
2020
| 14:10 Europe/Amsterdam
Oman, July 02, 2020: A consortium consisting of ACWA Power - a leading developer, owner, and operator of power generation and water desalination plants - Gulf Investment Corporation (“GIC”) and Alternative Energy Projects Co. (“AEPC”) achieves a new ...
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08
June
2020
| 09:56 Europe/Amsterdam
ACWA Power’s stake in Hajr Electricity Production Company will increase from 17.5% to 22.49% following the partial acquisition of Samsung C&T’s equity Hajr Electricity Production Company is the project company responsible for Qurayyah Indepe...
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10
May
2020
| 09:25 Europe/Amsterdam
UAE, Dubai, May 10, 2020: ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants recently announced the completion of the transaction to introduce Silk Road Fund as a partner and a 49% shareholder in AC...
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03
May
2020
| 09:57 Europe/Amsterdam
Signs major water desalination project agreement with Saudi Water Partnership Company (SWPC) With a project investment value of USD $650 million, the Jubail 3A IWP will produce 600,000 m3 of potable water/day ...
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30
April
2020
| 09:09 Europe/Amsterdam
Dubai Electricity and Water Authority (DEWA) and consortium led by the Saudi Arabian company ACWA Power and consisting of Gulf Investment Corporation sign Power Purchase Agreement for the fifth phase of the world’s largest single site solar park U...
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20
April
2020
| 10:18 Europe/Amsterdam
The contribution will be directed towards ventilators and RT-PCR detection kits ...
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14
April
2020
| 09:41 Europe/Amsterdam
Riyadh, Kingdom of Saudi Arabia, 14 April 2020: Under the constant guidance of HRH Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, the Saudi energy sector is harnessing its capabilities towards supporting the prevention measures taken ...
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06
April
2020
| 10:22 Europe/Amsterdam
Kingdom of Saudi Arabia, Riyadh, April 6, 2020: In response to the preventive measures taken by Saudi leadership and official local authorities to contain the impact of the ongoing COVID-19 pandemic and to secure the health and safety of the citizens...
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24
March
2020
| 09:19 Europe/Amsterdam
ACWA Power, Gulf Investment Corporation (“GIC”) and Alternative Energy Projects Co. (“AEPC”) achieve a significant milestone Syndicate of Six international and local lenders including Asian Infrastructure Investment Bank (AIIB), to provide $...
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11
March
2020
| 16:24 Europe/Amsterdam
Independent assessor confirms project finance loan is aligned with the four components of both the Green Loan Principles and the Social Bond Principles. ...
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08
March
2020
| 08:56 Europe/Amsterdam
Deals worth up to US$2.5 billion to strengthen Uzbekistan’s energy security signed ...
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04
March
2020
| 11:18 Europe/Amsterdam
Desalination plants to be powered using renewable energy sources, including solar and wind. ...
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03
March
2020
| 09:04 Europe/Amsterdam
Riyadh, Kingdom of Saudi Arabia, March 03, 2020: ACWA Power Investment & Management One Ltd. (“APMI One”) as the issuer is pleased to announce that Fitch Ratings (“Fitch”) has assigned the 814 MUSD 5.95% p.a. senior secured Bonds due 2039 (“ACWA 39”)...
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09
January
2020
| 12:51 Europe/Amsterdam
Signed an implementation agreement with the Ministry of Energy in Azerbaijan for a 240 MW wind power project ...
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2019
26
December
2019
| 10:51 Europe/Amsterdam
Saudi Arabia, Riyadh, 25th of December 2019: ACWA Power, a leading international developer and operator of power generation and water desalination projects, signed a Memorandum of Understanding with Saudi Basic Industries Corporation (SABIC) for purs...
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23
December
2019
| 07:17 Europe/Amsterdam
Signs a 20-year PPA agreement for 250 MWac PV projects The first of a kind in the Ethiopian utilities landscape The PV projects are estimated to power 750,000 homes in Ethiopia and offset 320,000 tonnes of carbon dioxide per year ...
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11
December
2019
| 13:09 Europe/Amsterdam
The USD 68 million solar plant with a capacity of 50 MW marked Commercial Operation Date (COD) on schedule ...
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27
November
2019
| 13:37 Europe/Amsterdam
KSA, Riyadh, 27 November 2019: ACWA Power has announced the establishment of ACWA Industrial Investment Company (AIICO), a business unit dedicated to enable local content development and industrialization in KSA. The announcement was made during ACWA...
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26
November
2019
| 07:45 Europe/Amsterdam
Full plant to be operational before the end of the year 2019 100% Saudisation rate, and 90% local employment rate in Al Jouf region More than three million safe man-hours ...
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17
November
2019
| 13:56 Europe/Amsterdam
ACWA Power, MDC Power Holding Company and FEWA successfully achieve significant milestone Syndicate of seven international and local lenders to provide $680 million senior debt for the project ...
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14
November
2019
| 13:44 Europe/Amsterdam
First phase of the project has been energized Full plant to be operational before the end of the year 2019 ...
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03
November
2019
| 11:13 Europe/Amsterdam
UAE, Dubai, 01 November 2019: ACWA Power, a Saudi leader in the sectors of water desalination and conventional and renewable power generation worldwide, and its Operations and Maintenance arm, The First National Operation & Maintenance Co. (NOMAC), a...
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31
October
2019
| 08:00 Europe/Amsterdam
The plant will power 130,000 homes with solar energy and offset 280,000 tonnes of carbon emissions annually ...
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