Solar developer ACWA Power has secured a total US$114 million from financial institutions to fund the construction of what it claims will be Egypt’s largest private solar plant.
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.
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.
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.
A joint venture project has been launched to develop what intends to be the world’s largest green hydrogen project, using up to 4GW of solar and other renewables as its power source.
