acwa power

The European Bank for Reconstruction and Development (EBRD) will provide up to US$229.4 million to ACWA Power to develop a 200MW/500MWh solar-plus-storage project in Uzbekistan.

The Saudi Power Procurement Company has signed PPAs with three companies for solar projects with a combined capacity of 5.5GW.

The Bank of China has supplied ACWA Power with a US$80 million equity bridge loan for the latter’s Tashkent solar-plus-storage portfolio.

ACWA Power has secured loan financing of US$2.3 billion (SAR8.6 billion) to support the construction of three new solar projects in the state.

Solar Module Super League member (SMSL) JA Solar has shipped 240MW of n-type modules to a solar PV project in Tashkent, capital of Uzbekistan.

Saudi-based IPP ACWA Power has signed a PPA with government bodies in South Africa for a 442MW solar PV project.

ACWA Power will develop the largest green hydrogen plant in Indonesia, which will be powered by 600MW of new solar and wind capacity.

UAE state-owned renewable energy developer Masdar has announced two large-scale renewables development plans this week, in Saudi Arabia and Azerbaijan.

JinkoSolar has agreed to supply 3.8GW of its n-type panels to energy company ACWA Power for use at two solar projects in Saudi Arabia.

Saudi Arabian power company ACWA Power has reached financial close for its 200MW Kom Omba solar project in southern Egypt.