ACWA Power will also acquire a portfolio of companies responsible for the operation and maintenance of the four assets, it said. Completion of the transaction is subject to customary regulatory ...

ACWA Power, a Saudi Arabian developer of power and water desalination plants, has launched its first overseas innovation centre in Pudong New Area, Shanghai, China. The new $2.8m facility includes ...

ACWA Power Co. launched its first overseas innovation center in Shanghai’s Pudong New Area, China, at an initial investment ...

Saudi Arabia’s integrated utility ACWA Power has signed a share purchase agreement (SPA) with the regional subsidiary of French utility developer ENGIE, to acquire assets worth $693 million, and ...

ACWA Power acquires stakes in power generation and water desalination companies operating a combined 4.61GW of gas-fired power generation and 1.11 million cubic meters per day (m3/day) of water ...

ACWA Power signed an MOU with two key partners, Gulf Renewables Laboratory (GRL) (pictured) and Shanghai Jiao Tong University (SJTU), during the opening ceremony Saudi Arabia-based ACWA Power ...

ACWA Power announced the signing of a Share Purchase Agreement (SPA) with the regional subsidiary of French utility developer ENGIE to acquire the latter’s stakes in some of the assets in the region.

As of the third quarter of 2024, a total of 39.1 million kilowatts of offshore wind power capacity in China had been connected to the grid. ZHOU GUOQIANG/FOR CHINA DAILY ACWA Power, a Riyadh ...

ACWA Power Co. signed an agreement to acquire power and water assets in Kuwait and Bahrain for 2.6 billion riyals ($693 million). The deal includes a 4.6-gigawatt combined-cycle power generation ...

Saudi utility developer Acwa Power has signed a share purchase agreement with France's Engie for the latter's stakes in four water and power generation plant assets in Bahrain and Kuwait. The ...

Larsen & Toubro (L&T) has partnered with ACWA Power and Lantania to build a seawater reverse osmosis desalination plant in Saudi Arabia. The plant will supply drinking water to the Makkah Al ...