acwa power

Saudi developer ACWA Power has seen its initial public offering (IPO) application approved by the country’s Capital Market Authority (CMA) and intends list its shares on the Main Market of the Saudi Stock Exchange

A consortium that is developing Saudi Arabia’s largest solar project has reached financial close for the plant and has secured the backing of state oil producer Saudi Aramco.

Saudi Arabian developer ACWA Power has finalised agreements for the 200MW Kom Ombo solar plant in Egypt, with construction work set to begin later this year.

A renewables procurement round launched today (19 March) by the government of South Africa will aim to source 2.6GW of clean energy capacity, of which 1GW will be solar PV and 1.6GW wind.

A round-up of the latest solar project news from around the world, including updates from Hanwha Q CELLS and Capital Dynamics.

Saudi Arabian developer ACWA Power has signed a US$125 million facility that will serve as a funding source to support the growth of its green energy portfolio.

ACWA Power and Iberdrola are among the seven founders of a new coalition that aims to scale up the production of green hydrogen 50-fold in the next six years while halving production costs.

Saudi Arabia’s Public Investment Fund (PIF) has raised its shareholding in renewable energy developer ACWA Power.

ACWA Power has once again turned to Chinese EPC Shanghai Electric to be the engineering, procurement and construction contractor for the fifth phase of the Mohammed bin Rashid Solar Park in Dubai.