Articles tagged with 'news' | ACWA Power

ACWA POWER | NewsRoom (news)

2022
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...
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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...
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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...
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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...
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18
May
2022
| 11:24 Europe/Amsterdam
Operating income before impairment loss and other expenses up by 19.5% from the same period in the previous year Adjusted net profit attributable to equity holders of the parent was SAR155 million, a 10.6% increase from Q1 2021New Board of Directors ...
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31
March
2022
| 13:22 Europe/Amsterdam
Rabigh 3 IWP is the first desalination plant of its size in the private sector with 100% Saudi workforceThe project has been recognised as the “world’s largest reverse osmosis desalination facility” by the Guinness World Records™The SAR 2.6 billion p...
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28
March
2022
| 11:50 Europe/Amsterdam
Global industry experts, researchers, and innovators shared key insights on reimagining the future of green energy and water over the two-day forum....
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17
March
2022
| 11:15 Europe/Amsterdam
Facility achieved certification after a three-week process by the independent Records Management Team who examined verifiable, standardisable and measurable evidenceRabigh 3 IWP produces 600,000 cubic metres of desalinated water per dayProject suppli...
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16
March
2022
| 13:28 Europe/Amsterdam
Full year financial results posted after successful IPO and listing in 2021Operating income before impairment loss and other expenses up by 12.5% and parent operating cash flow higher by 51.4%  SAR 560 million dividends for 2021 proposed by ACWA Powe...
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09
March
2022
| 14:11 Europe/Amsterdam
ACWA Power and WGA signed an MOU to develop further WGA’s disruptive, green water desalinization technologyAnnouncement came on the side-lines of Saudi Water Forum...
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08
March
2022
| 10:21 Europe/Amsterdam
PPA agreement signed with Saudi Power Procurement Company, the principal buyer, for a 25-year periodLocated in central Saudi Arabia, the US$450 million (SAR1.7 billion) project is set to be commissioned by Q4 2024...
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24
February
2022
| 15:02 Europe/Amsterdam
●       Company won bid after proposing lowest tariff in competitive tender●       US$108 million Nukus wind project is the first renewable energy project governed by new PPP law●       First wind project in Karakalpakstan, in Northwestern Uzbekistan...
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23
February
2022
| 07:37 Europe/Amsterdam
Consortium of Saudi and international banks to support the development of the world’s most ambitious regenerative tourism projectPhase 1 of Project set to open by the end of 2022...
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31
January
2022
| 13:55 Europe/Amsterdam
·    MoU entails the facilitation of knowledge sharing and product development through regular workshops and meetings·   Agreement will also bolster the growth of local industrial projects and absorption of new technologies and products to grow Saudi...
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24
January
2022
| 15:48 Europe/Amsterdam
-        Ibri 2 is the first solar IPP to connect to the main national grid-       The US$417 million solar plant with a capacity of 500 MW completed construction within 13 months at the highest health and safety standards-       The project will sup...
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14
January
2022
| 11:22 Europe/Amsterdam
Baku, Azerbaijan, 14, January 2022: The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony for the 240 MW wind power plant with an investment value of SAR 1.125 billion (US$300 million), following the signing of power purcha...
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2021
22
December
2021
| 13:26 Europe/Amsterdam
Kashif Rana, the company’s CFO, will also oversee portfolio management as Rajit Nanda, CPMO steps down Clive Turton and Abdulhameed Muhaidib appointed as CIO and Deputy CFO respectively ...
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20
December
2021
| 13:21 Europe/Amsterdam
US$108million Nukus wind project signals ACWA Power’s expansion into the Uzbek energy industry Financial close for the project targeted for Q3 2022, with commercial operations expected by early 2024 ...
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19
December
2021
| 13:03 Europe/Amsterdam
First power and water company in the region to gain PEP Standard by CIPS - the world's largest professional body dedicated to the procurement and supply profession, with a global network of over 70,000 members ...
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05
December
2021
| 08:29 Europe/Amsterdam
Jeddah, KSA: 05 December 2021: ACWA Power, a leading developer, investor, and operator of power generation, desalinated water, and green hydrogen plants worldwide, and Natixis Corporate & Investment Banking (Natixis CIB), a subsidiary of Groupe BPCE,...
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30
November
2021
| 08:50 Europe/Amsterdam
Riyadh, KSA: 30 November 2021: ACWA Power, a leading developer, investor, and operator of power generation, desalinated water, and green hydrogen plants worldwide, today signed a strategic agreement with the Saudi Institute of Internal Audit (IIA) to...
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10
November
2021
| 09:17 Europe/Amsterdam
The Company completed a landmark IPO and listed on Tadawul on 11 October 2021 Operating income before impairment loss and other expenses at SAR 1,660 million for nine months flat versus year ago Commitment to net zero target 2050 exemplified by t...
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27
October
2021
| 08:58 Europe/Amsterdam
Project is a joint venture (JV) agreement between Aramco, ACWA Power, Air Products and Air Products Qudra Transaction is the largest project finance agreement in ACWA Power’s history ...
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11
October
2021
| 14:39 Europe/Amsterdam
Riyadh, KSA: 11 October 2021: ACWA Power, a leading developer, investor, and operator of power generation and desalinated water plants worldwide, rang the market opening bell at the Saudi Stock Exchange (Tadawul) at 10:00 am AST today. After a highly...
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04
October
2021
| 23:52 Europe/Amsterdam
ACWA Power is a Jubilee Sponsor of the 23rd Water, Energy, Technology and Environment exhibition (WETEX) ...
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28
September
2021
| 13:02 Europe/Amsterdam
Riyadh, KSA, 28 September 2021: Following the commendable success of the youth-driven initiative, ACWA Power, a leading developer, investor and operator of power generation and desalinated water plants, launched the second edition of “The Power is Wi...
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27
September
2021
| 10:48 Europe/Amsterdam
The JV formed in 2018 to enhance the overall value of Jazan refinery and integrated gasification combined cycle power plant, aiding in transforming the Jazan Province by positioning Jazan Economic City (JEC) for additional Foreign Direct Investment...
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29
August
2021
| 09:17 Europe/Amsterdam
Initiative part of the national campaign launched by the Ministry of Health to vaccinate citizens and residents in the Kingdom of Saudi Arabia ...
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23
August
2021
| 14:07 Europe/Amsterdam
Inauguration marks another transformative moment in Dubai’s energy transition strategy Inauguration represents a significant milestone for the ACWA Power led consortium in the path towards full operational capacity at the Mohammed bin Rashid Al Ma...
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15
August
2021
| 10:55 Europe/Amsterdam
Project is one of the world’s largest single-contracted solar PV plants and the largest in Saudi Arabia. The Saudi Aramco Power Company (SAPCO) joins the consortium led by ACWA Power and the Water & Electricity Holding Company (Badeel), a co...
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