ACWA POWER | NewsRoom (news)

2019
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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29
October
2019
| 10:40 Europe/Amsterdam
Riyadh, Kingdom of Saudi Arabia, October 28, 2019: ACWA Power, a leading international developer and operator of power generation and water desalination projects, was awarded two 125 MWac solar photovoltaic (PV) projects by the Public Private Partner...
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22
October
2019
| 11:32 Europe/Amsterdam
  ACWA Power to invest in approx. USD $ 3 billion worth of gas fired projects and land base regasification terminal. Agreement marks largest gas-to-power development undertaken by ACWA Power ...
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02
October
2019
| 12:38 Europe/Amsterdam
CBI is a reputable international non-profit organization solely working towards mobilizing and facilitating climate change solutions through the $100 trillion bond market and “green loan” issuances. ...
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25
September
2019
| 09:10 Europe/Amsterdam
Baghdad, Iraq, 25th September 2019: ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants signed a Memorandum of Understanding (MoU) with Iraq Energy Institute (IEI) - an independent non-profit policy ...
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16
September
2019
| 15:38 Europe/Amsterdam
$900 million Taweelah desalination IWP is expected to produce 909,200 cubic meter of water a day The project, when constructed, will also set another world record by utilizing the lowest amount of energy per gallon of water produced ...
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10
September
2019
| 15:40 Europe/Amsterdam
Abu Dhabi, United Arab Emirates, 10 September 2019: His Excellency Prince Abdulaziz bin Salman bin Abdulaziz al-Saud, the Saudi Minister of Energy, toured the Saudi pavilion during the first day of the 24th edition of the World Energy Congress (WEC)....
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15
August
2019
| 13:42 Europe/Amsterdam
Headquartered in Saudi Arabia, ACWA Power is a developer, investor and operator of a portfolio of power generation and desalinated water production plants with a presence in 11 countries in the Middle East and North Africa, Southern Africa and South-...
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21
July
2019
| 10:26 Europe/Amsterdam
Under the patronage of the Custodian of The Two Holy Mosques, His Royal Highness Prince Khalid Al-Faisal bin Abdulaziz, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region, inaugurated Shuaibah Expansion II IWP as part of a...
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09
July
2019
| 13:17 Europe/Amsterdam
IWP Plant Expected to Produce 150 Million Imperial Gallons per day ...
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02
July
2019
| 14:12 Europe/Amsterdam
The plant was energized on June 7, 2019 and receive the Commercial Operation Date (COD) certificate on June 18 ...
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26
June
2019
| 13:48 Europe/Amsterdam
Under the auspices of the Ministry of Energy, Industry, and Mineral Resources in Saudi Arabia, a Memorandum of Understanding (MoU) was signed between the National Grid Saudi Arabia, China Electric Power Equipment and Technology Co., Ltd (CET), and AC...
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23
June
2019
| 09:52 Europe/Amsterdam
ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants signed an agreement with Silk Road Fund, introducing it as a partner and shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA Power RenewCo...
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18
June
2019
| 11:01 Europe/Amsterdam
EMEA Finance, one of the world’s most prestigious international finance publications has awarded the Sohar Calciner project (based in the Sultanate of Oman) the coveted award of Best Natural Resource deal of the year at the EMEA Project Finance Award...
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04
May
2019
| 10:02 Europe/Amsterdam
Project to utilize Solar PV technology to generate 500MWac of renewable power ...
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29
April
2019
| 13:16 Europe/Amsterdam
ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants has signed strategic agreements with three renowned Chinese entities on the sidelines of the second Belt and Road Forum for International Cooperati...
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24
March
2019
| 11:33 Europe/Amsterdam
Dubai Electricity and Water Authority (DEWA) and the consortium led by Saudi Arabia’s ACWA Power and Silk Road Fund, which is owned by the Chinese Government, announced the financial closing of the 950-megawatt fourth phase of the Mohammed bin Rashid...
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18
March
2019
| 11:29 Europe/Amsterdam
ACWA Power increases its shareholding to 74% in RAWEC after buying all of Marubeni’s stake The company also bought 34% of Marubeni’s shares in the O&M company for RAWEC ...
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12
March
2019
| 07:57 Europe/Amsterdam
Commercial operation of 300 MW Skaka Photovoltaic IPP plant to commence by the end of the year 100 percent local employment within the first year ...
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11
March
2019
| 07:39 Europe/Amsterdam
Inaugurated in June 2018, the Khalladi wind farm, developed by ACWA Power in collaboration with ARIF investment fund, is located at Jbel Sendouq, 30 km from Tangiers and represents an investment of 1.7 billion dirhams (~170 mUSD). ...
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04
March
2019
| 08:56 Europe/Amsterdam
SR 2.625 billion (USD 700 million) Rabigh 3 IWP to generate 600,000 cubic metres a-day. ...
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25
February
2019
| 07:13 Europe/Amsterdam
As part of the official visit to the People's Republic of China by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Vice President of the Council of Ministers and Minister of Defence, ACWA Power signed Memorandums of...
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24
January
2019
| 07:13 Europe/Amsterdam
MMEC Mannesmann, a leading German engineering contractor in the field of petroleum coke calcining partners with ACWA Power, the leading developer, owner, and operator of power generation and water desalination plants, to develop the ‘Sohar Calciner’ ...
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17
January
2019
| 07:08 Europe/Amsterdam
ACWA Power, a global leader in water desalination and power generation, successfully wrapped up its presence at the 12th edition of the World Future Energy Summit (WFES), which took place from the 14th – 17th of January 2019 as part of Abu Dhabi Sust...
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2018
25
December
2018
| 07:02 Europe/Amsterdam
ACWA Power, the leading developer, owner and operator of power generation and water desalination plants wins the largest independent water desalination plant, Rabigh 3 IWP – further expanding its desalination capacity in the Kingdom of Saudi Arabia. ...
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