The China market will play a key role in ACWA Power's energy-sustainable development strategy. By 2030, ACWA Power plans to ...

Company earmarks nearly $1.59bn for financing current and future projects and up to $380mn for mergers and acquisitions ...

Saudi Arabia’s Acwa Power Co. will proceed with its 7.1 billion riyals ($1.9 billion) rights issue after gaining the approval ...

ACWA Power’s shareholders have approved its Sr7.12bn ($1.9bn) rights issue, the Saudi utility announced on Tuesday. SNB is ...

Saudi utility giant ACWA Power is undertaking a rights issue to increase its share capital by 7.12 billion riyals ($1.9 ...

By Ben Aris in Tashkent Saudi Arabia-based utility developer ACWA Power plunged headfirst into the Uzbekistan green energy ...

Saudi Arabia's ACWA Power Co. will reportedly build two large-scale solar plants in Türkiye under a deal expected within days ...

ACWA Power has also signed SPAs, along with heads of terms (HoTs) for joint development agreements, with Tenaga Nasional Berhad (TNB), Terengganu and UEM Lestra.

ACWA Power CEO Marco Arcelli stated: “Through strategic collaboration with China Southern Power Grid International, we are proud to announce a significant milestone in our journey towards ...

ACWA Power’s impact extends beyond environmental sustainability. In 2023, the company generated an estimated total of 30,000 jobs in Saudi Arabia (direct and indirect, permanent and temporary).

ACWA Power has signed agreements worth over $1.78 billion covering renewable energy, battery storage, and research and development across Gulf countries, China, central Asia, and North Africa ...

ACWA Power signed an MoU with the Malaysian Investment Development Authority (MIDA) to explore the development of up to 12.5GW of power generation capacity by 2040, involving an initial investment ...