ACWA Power, a Saudi Arabia-based renewable energy company, currently has 26 projects under construction. The Ar Rass Solar PV plant in Saudi Arabia became operational 18 months after its financial close. The Riverside Solar project in Uzbekistan also achieved commercial operation status. The company signed a water purchase agreement for a desalination project in the UAE, which will produce 410,000 cubic meters of water daily. Additionally, ACWA resolved financial issues related to its 950 MW gas project in Turkey through a debt settlement.
ACWA Power announced 26 new projects in solar, water, and gas
ACWA Power reports the highest number of projects under construction in its 20-year history, with 26 active sites. (Image Credit/Source: TheOtherKev/Pixabay)
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: Castillo Engineering)
Annual output of 1.6B kWh from DMEGC’s fishery-PV project saves 496,400 tons of coal and cuts 1.2 million tons of CO2 emissions. (Image Source: DMEGC Solar)
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: X-ELIO)
The Mockingbird Solar Center invests $500 million in renewable energy and creates 550 jobs in Texas. (Image Credit/Source: MarkStebnicki/Pexels)