acwa power

Yesterday’s record-breaking bid opening in Saudi Arabia for 300MW of solar has grabbed headlines, including on PV Tech, but while the exact parameters of the RfP remain covert, the bid levels have sparked debate about whether such low prices can be possible without some kind of escalating tariff mechanism or other distortion.

Acwa Power has been awarded three solar PV projects in the Aswan Province of Benban, Egypt, under Round 2 of the Feed-in Tariff (FiT) programme.

Utility-scale solar projects totalling 750MW could receive support from the European Bank for Reconstruction and Development.

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, officially inaugurated the 200MW second phase of the Mohammed bin Rashid Al Maktoum Solar Park Monday.

ET Solutions, a subsidiary of ET Energy, announced Wednesday that it has started construction on a 60.9MW solar power project in Jordan for ACWA Power — a Saudi-based independent power producer.

Saudi Arabian power engineering firm Acwa Power and China’s Chint group have chosen EPC specialist Sterling and Wilson (S&W) to construct a 170MW solar PV facility in Morocco.

In this week's Movers & Shakers, PV Tech reports on employment happenings across the globe in Europe, the US and the Middle East. ACWA Power creates a new clean energy division, the executive director of the IEA wins a prize and 8minutenergy's general counsel is appointed to the US Department of Commerce's Renewable Energy and Efficiency Advisory Committee (REEEAC).

ACWA Power has closed financing on a 60MW project in Jordan.

Moroccan Agency for Solar Energy (MASEN) has selected Saudi Arabian power engineering firm ACWA Power and China’s Chint group to develop three solar plants with a combined capacity of 170MW as part of the NOOR PV I project in Morocco.

ACWA Power, a leading developer, investor, and operator of a portfolio of power generation and desalinated water production plants, is ready to launch a new division that will compile its existing renewable-energy portfolio and serve as a platform to build on a growing market for renewable energy in emerging sectors.