Articles tagged with 'news' | ACWA Power

ACWA POWER | NewsRoom (news)

2021
12
April
2021
| 13:14 Europe/Amsterdam
Sudair Solar PV project is set to become one of the world’s largest Solar PV plants by capacity and Saudi Arabia’s largest. The project is considered a key achievement towards PIF’s commitment to develop 70% of Saudi Arabia’s renewable energy by 20...
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11
April
2021
| 10:26 Europe/Amsterdam
Inauguration of Sakaka PV IPP marks a historic moment in the Kingdom’s energy transition as a cornerstone for future renewable energy projects The 300MW PV plant exemplifies the role of PPPs in enabling socio-economic progress in KSA, achieving ne...
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07
April
2021
| 09:18 Europe/Amsterdam
Financial closure and ground-breaking expected in Q3 2021 Commercial operations to commence in Q3 2022 ...
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01
April
2021
| 14:06 Europe/Amsterdam
1500 MW Sirdarya CCGT plant to provide cleaner, more efficient and cost-competitive gas power that can be utilised across industries in Uzbekistan and is expected to meet 15 percent of power demand in Uzbekistan Syndicate of seven international le...
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25
January
2021
| 11:57 Europe/Amsterdam
New developments on three major power projects with a combined investment value of $2.5 billion and capacity of 2500MW Official ground-breaking ceremony held for 1500MW CCGT power plant at the Sirdarya site Two Power Purchase Agreements (PPA) and...
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24
January
2021
| 10:51 Europe/Amsterdam
Judging panel comprising senior leaders from ACWA Power and The Higher Institute for Water and Power Technologies (HIWPT) selected the top three ideas to receive further incubation and development support ...
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05
January
2021
| 10:46 Europe/Amsterdam
Facility to support funding of ACWA Power’s renewable projects in key markets Agreement is aligned with APICORP and ACWA Power’s shared vision to accelerate energy transition in the MENA region and globally ...
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2020
30
December
2020
| 09:41 Europe/Amsterdam
Virtual signing ceremony held to execute the official Power Purchase, Investment and Transmission Connection Agreements for the $300 million project 240 MW wind farm to pave the way for sustainable development in Azerbaijan’s energy sector ...
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30
November
2020
| 13:50 Europe/Amsterdam
PIF increases its stake in ACWA Power from 33.36% to 50% The investment comes as part of PIF’s strategy to support the development of the renewable energy sector within Saudi Arabia and to support the growth of national champions ACWA Power expec...
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17
November
2020
| 10:05 Europe/Amsterdam
The Red Sea Development Company secures multinational investment in its first public-private partnership for utilities package focused exclusively on environmentally responsible renewable energy, water production, wastewater treatment and district co...
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01
November
2020
| 11:36 Europe/Amsterdam
Johannesburg, South Africa, 01 November, 2020: ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation and desalinated water plants and lead shareholder in the Bokpoort CSP Plant, announced today that the Bokpoort CSP...
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26
October
2020
| 08:37 Europe/Amsterdam
ACWA Power is the Titanium Sponsor of the 22nd Water, Energy, Technology and Environment exhibition (WETEX) ...
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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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