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)
Websol Energy’s ₹220 crore investment to enable 600 MW capacity through a new PV cell production line. (Image Credit/Source: Vale_Photography /Pixabay)
SECI projects totaling 1,023 MW were commissioned in Jaisalmer, Rajasthan, by Acme Solar, utilizing ISTS connections and SECI PPA financing. (Image Credit/Source: Andreas160578/Pixabay)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdrola)