First Independent Mena Newspaper
Acwa Power, the Saudi renewable energy giant, has announced tthis week hat plans are underway to build, own, and operate a 2-gigawatt (GW) wind power plant in South Hurghada, Egypt. This large-scale facility, which is expected to generate enough electricity to power nearly 2 million homes, is part of the company’s ongoing expansion into the […]
Gotion Power Morocco, a subsidiary of Chinese giant Gotion High Tech, signed a deal under which Saudi Arabia’s ACWA Power will build a 500MW wind plant, worth 800 million dollars. The plant will be equipped with 2000 MW battery storage system and will help power the EV battery plant that Gotion Power Morocco is building […]
Senegal plans to cancel a 32-year deal with Saudi company Acwa power due to its high cost, Senegalese water minister Cheikh Tidiane Dieye said. The deal, valued at $800 million, was signed by outgoing president Macky Sall in his final days in office. New president Basirou Faye promised to review a set of deals signed […]
A consortium led by the Saudi-listed water desalination company ACWA Power has signed a usufruct agreement to invest $1.5 billion in a 1.1 MW wind project in Egypt, a statement by the Egyptian cabinet announced Thursday. The agreement was signed between Egypt’s New and Renewable Energy Development and Utilization Authority and the consortium including the […]
Saudi Arabia has pledged to invest $14 billion in Uzbekistan including the construction of the world’s largest wind farm with a capacity of 1.5 GW that will power 1.65 million homes, reports say. The Gulf Kingdom’s power company ACWA Power will build the farm in Karakalpakstan region. The project will solve the kingdom’s chronic energy […]
Morocco’s BMCE Bank and ACWA Power Maroc won honors at the 13th Arabia CSR Network Awards, regarded as the ‘Green Oscars of the Middle East’. The awards recognize the corporate social responsibility (CSR) initiatives of green champions from across the region. BMCE Bank Group won the CSR award in the category of Financial […]
ACWA Power, a global player in water desalination and power generation, has announced collaboration with ECOHZ, that offers global renewable energy solutions to businesses, organizations and electricity providers, to empower local women and support communities in Morocco. Stemming from its commitment to communities where it operates, and following its development of the world’s largest concentrated […]
Leading Saudi electricity producer and desalter, Acwa power, officially switched on a 120 MW wind farm in northern Morocco as it continues to diversify its portfolio in the north African country. The 1.8 billion dirham investment is the first wind farm to be launched by Acwa power, a group that operates in 10 countries notably […]
Morocco has bolstered its leadership in renewable energies with the inauguration of the fourth and final stage of the Noor Solar plant complex in Ouarzazate with a 582 MW total capacity. King Mohammed VI launched works to achieve the fourth phase, which uses photovoltaic (PV) technology to produce electricity. The site will have a capacity […]
Largest Global Solar EPC company, Sterling & Wilson signed a deal with the consortium led by Saudi Arabia’s ACWA Power to build a 170MW photovoltaic (PV) facility in Morocco’s southern provinces, the Sahara. The agreement, signed during a ceremony at The UN Climate Summit (COP22) in Marrakech, is part of the Noor PV I program […]