Former NRG Energy CEO joins ACWA Power board

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Former NRG Energy CEO David Crane. Source: NRG Energy.

The former CEO of US power generator NRG Energy, David Crane, has joined the board of Saudi Arabian firm ACWA Power.

Crane resigned in December in the face of investor unhappiness. He had been planning a renewable energy spin off for the firm after investing US$1 billion in solar and wind assets.

ACWA Power has positioned itself strongly to take a leading role in solar development in the Middle East winning a 200MW PV tender in Dubai (at a record low price) as well as concentrated solar power projects in Morocco.

As well as becoming a director of ACWA Power he will also become a director of its Turkish subsidiary.

“I’m honoured to be joining ACWA Power and ACWA Power Guc at such an exciting juncture in their history,” said Crane. “I hope to contribute my experience and expertise to assist ACWA Power, its management and my fellow directors as the company takes on new challenges, particularly in the area of renewable energy projects. I’m confident that we’ll continue to see, and indeed surpass, the growth that the company has enjoyed over the last few years.”

Read Next

March 28, 2022
Nextracker has been selected to supply its smart solar trackers and TrueCapture technology for the first phase of a 450MW PV project in Sudair, Saudi Arabia, which Nextracker said was the country’s largest solar plant currently under construction.
March 9, 2022
Solar developers ACWA Power and Jinko Power have both penned power purchase agreements in Saudi Arabia, with the country aiming to launch 15GW of projects in the next two years.
February 22, 2022
and smart infrastructure in the Middle East, Africa and Asia, with investments earmarked for a portfolio of projects exceeding 1GW.
January 25, 2022
A consortium including Saudi solar developer ACWA Power has inaugurated the 500MW Ibri 2 solar project in Oman, which becomes the country’s largest utility-scale solar project to date.  
January 18, 2022
Trina Solar’s tracker manufacturing unit TrinaTracker has launched a 1P single-row tracker, dubbed Vanguard.
January 17, 2022
Oman has signed an agreement with energy major bp that will support the potential development of multiple gigawatts of renewables and green hydrogen in the Middle Eastern country by 2030.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
October 4, 2022
New York, USA