Articles tagged with 'news' | ACWA Power

ACWA POWER | NewsRoom (news)

2023
02
February
2023
| 14:08 Europe/Amsterdam
Transaction marks the first double digit credit spread by any corporate issuer in Saudi capital markets since 2017Phase 2 of ACWA Power’s SAR 5 billion programme to support its asset growth as well as Saudi Arabia’s domestic Debt Capital Market depth...
Read more
Tags
30
January
2023
| 14:31 Europe/Amsterdam
2.4 million cm3 of water capacity per day added across 4 mega reverse osmosis plants in the Middle EastAdded water capacity serving 5.5 million more people in the GCC...
Read more
Tags
19
January
2023
| 12:42 Europe/Amsterdam
-   Saudi company signs extensive head of terms agreements with Uzbek government to set up a green hydrogen facility and pilot project for a green ammonia...
Read more
Tags
18
January
2023
| 10:49 Europe/Amsterdam
Saudi company to work with Austria’s leading electricity company to explore joint projects on green hydrogenMemorandum of Understanding signed during Abu Dhabi Sustainability Week 2023...
Read more
Tags
2022
27
December
2022
| 12:09 Europe/Amsterdam
ACWA Power signs Power Purchase Agreements (PPAs) and investment agreements through three wind power subsidiaries to develop the 1.5 GW Kungrad wind farmThe Kungrad wind farm, formerly referred to as Karakalpakstan Wind IPP, will be the largest singl...
Read more
09
December
2022
| 14:35 Europe/Amsterdam
-   Agreements signed during state visit of Chinese President Xi Jinping to Saudi Arabia...
Read more
Tags
30
November
2022
| 08:51 Europe/Amsterdam
The 2,060 MW solar PV IPP set to be developed in Makkah province, western Saudi ArabiaA joint company was established under the name of “Shuaibah Two Electrical Energy Company” to develop the projectThe project is expected to be completed by Q4 2025T...
Read more
Tags
27
November
2022
| 08:22 Europe/Amsterdam
The three parties signed a memorandum of understanding to initiate the sustainability-focused collaborationThailand intends to produce green hydrogen and derivatives to power the country with clean energy and export the fuel to global marketsACWA Pow...
Read more
Tags
24
November
2022
| 11:38 Europe/Amsterdam
Bali, Indonesia; November 24, 2022: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, signed a Memorandum of Understanding (MoU) with PT Perusahaan Listrik Negar...
Read more
Tags
23
November
2022
| 17:15 Europe/Amsterdam
Bali, Indonesia; November 23, 2022: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, and PERTAMINA New & Renewable Energy (PERTAMINA NRE), have signed a joint d...
Read more
Tags
16
November
2022
| 05:00 Europe/Amsterdam
TSFE to potentially acquire up to 10% stake in the wind project through its Infrastructure & Utilities SubfundProject investors include Egypt’s Hassan Allam Holdings and Oman Investment AuthorityValued at US$1.5 billion, the project is expected to be...
Read more
10
November
2022
| 09:24 Europe/Amsterdam
Riyadh, Kingdom of Saudi Arabia, November 10, 2022:  ACWA Power Company, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, is joining the critical global debate on climate a...
Read more
Tags
08
November
2022
| 10:24 Europe/Amsterdam
The signing was attended by His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy of Saudi Arabia OIA will own up to 10% stake in the wind farm projectEgypt’s Hassan Allam Holdings is a 25% co-investorACWA Power will hold the rem...
Read more
03
November
2022
| 12:43 Europe/Amsterdam
Consolidated net profit attributable to equity holders of the parent for the first nine months of SAR883 million, a 110% increase year-on-yearAdjusted net profit increased by 7% year-on-year...
Read more
Tags
01
November
2022
| 09:03 Europe/Amsterdam
Saguling and Singkarak projects represent a 110MWac combined capacity and US$105million in investment valueFacilities are ACWA Power’s first floating solar PV projects in its 60+asset portfolio...
Read more
30
October
2022
| 06:00 Europe/Amsterdam
-   Potential funding per the MOU earmarked for sustainable infrastructure projects in Central Asia, Southern Caucasus and North Africa...
Read more
Tags
23
October
2022
| 06:00 Europe/Amsterdam
Agreement signed during the state visit of the President of South Africa to Saudi ArabiaAgreement intends to accelerate the green hydrogen economy in South AfricaProposed partnership paves the way to project(s) potentially valued at US$10 billion...
Read more
Tags
11
October
2022
| 15:49 Europe/Amsterdam
Riyadh, KSA: October 11, 2022: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, and Korea Electric Power Corporation (KEPCO), South Korea’s largest electric uti...
Read more
27
September
2022
| 10:21 Europe/Amsterdam
300,000 m3/d SWRO development will be the largest desalination project of its kind in Sub-Saharan AfricaSupporting Senegal’s Gas-to-Power strategy, Cap des Biches-based CCGT plant will have an initial design capacity of 160 MW...
Read more
26
September
2022
| 15:17 Europe/Amsterdam
Dubai, United Arab Emirates; 26 September 2022: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, is set to showcase its key role in driving the transition globa...
Read more
Tags
14
September
2022
| 17:21 Europe/Amsterdam
ACWA Power owns 51% of the 1.5 GW Sirdarya combined cycle gas turbine (CCGT) facility, with Silk Road Fund obtaining a 49% stakeShare purchase agreement first of its kind between parties in Uzbekistan and Central AsiaOnce operational in 2024, Sirdary...
Read more
13
September
2022
| 09:39 Europe/Amsterdam
Hydraulic Injection Desalination (HID) technology in plants uses one third less energy top-of-the-line seawater reverse osmosis desalination plants, and ten times less than traditional thermal desalination facilities...
Read more
Tags
29
August
2022
| 11:22 Europe/Amsterdam
Abdulhameed Al Muhaidib appointed new CFOKashif Rana, former CFO, takes over as Chief Portfolio Management Officer...
Read more
Tags
19
August
2022
| 07:46 Europe/Amsterdam
Uzbekistan will become the second largest country for ACWA Power in terms of overall investmentCompany formalises agreement for c.US$2.4billion 1.5GW wind farm in Uzbekistan, one of the biggest single-site onshore wind projects in Central Asia and th...
Read more
11
August
2022
| 15:58 Europe/Amsterdam
Consolidated net profit attributable to equity holders of the parent for the first six months reached SAR542 million, a 21% increase year-on-year.Operating income before impairment loss and other expenses for the same period at SAR1,153 million incre...
Read more
Tags
19
July
2022
| 13:33 Europe/Amsterdam
-   End product will be utilised to decarbonise POSCO’s steel manufacturing processes and other off-takers in South Korea...
Read more
Tags
23
June
2022
| 12:19 Europe/Amsterdam
Current production has reached 454.6 thousand m³/day, amounting to 100 million gallons of desalinated water per dayACWA Power, the world’s largest private operator of desalinated water, owns and operates 15 desalination plants producing over 6.4 mill...
Read more
21
June
2022
| 16:17 Europe/Amsterdam
The 1.1 GW project is one of the largest onshore wind farms in the world and the largest in the Middle EastAgreement signed during HRH Mohammed Bin Salman, Crown Prince of Saudi Arabia’s state visit to EgyptProject marks ACWA Power’s expansion in the...
Read more
20
June
2022
| 18:35 Europe/Amsterdam
Restructuring of Shuaibah 3 IWPP will mitigate the impact of 45 million tons of carbon dioxide emissions a year in line with Saudi Vision 2030New seawater reverse osmosis plant will replace Shuaibah 3 IWPP and produce 600,000 m3/day, partially powere...
Read more
26
May
2022
| 14:44 Europe/Amsterdam
LEHIGH VALLEY, PA; MUSCAT, OMAN; AND RIYADH, KINGDOM OF SAUDI ARABIA (May 26, 2022) — ACWA Power (TADAWUL:2082), OQ, Oman’s leading integrated energy group, and Air Products (NYSE:APD) today signed a joint development agreement (JDA) toward a multibi...
Read more
Tags