TAG: "Marco Arcelli"
News
ACWA Power Enters China’s Green Energy Market with Strategic Partnerships
ACWA Power enters China’s renewable energy market with USD 312 million investments, partnering with Sungrow Renewables and Mingyang Smart Energy to develop solar and wind projects. These strategic collaborations aim to drive sustainability and expand ACWA Power’s global renewable energy footprint.
Marco Arcelli | January 15, 2025 | By EI News Network | 525
ACWA Power Partners with Itochu for Global Renewable Energy Projects
Saudi Arabia’s ACWA Power and Japan’s Itochu Corporation have signed an MoU at COP29 to collaborate on renewable energy and environmental infrastructure, focusing on green hydrogen and water desalination to accelerate global energy transition and sustainability goals.
Marco Arcelli | November 22, 2024 | By EI News Network | 983
Masdar, SOCAR Green and ACWA Power Join Hands to Develop 3.5 GW Offshore Wind Projects in Azerbaijan
Abu Dhabi-based renewable energy company Masdar has signed an MoU with Saudi-based ACWA Power and SOCAR Green, a subsidiary of Azerbaijan's state oil company SOCAR to develop 3.5 GW of offshore wind projects in the Azerbaijan section of the Caspian Sea. It would be the country’s first offshore wind farm.
Marco Arcelli | November 15, 2024 | By Mrinmoy Dey | 719
ACWA Power Reports Strong Financial Results
ACWA Power reported a 16 percent rise in net profit for the nine months ending September 30, 2024, driven by increased operating income and significant project mobilisation. The company expanded its global portfolio with new agreements in Uzbekistan, Saudi Arabia, and the UAE, further solidifying its role in the energy and water sectors.
Marco Arcelli | November 08, 2024 | By EI News Network | 726
ACWA Power and Partners Secure Financial Close on Solar Projects
Acwa Power, alongside Badeel and Saudi Aramco Power Co., has secured USD 3.2 billion in funding for solar projects in Saudi Arabia. The financing will support the Haden, Muwayh, and Al Khushaybi plants, with a total capacity of 5.5 GW, expected to begin commercial operations in Q1 2027.
Marco Arcelli | October 02, 2024 | By EI News Network | 727
Articles
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Gaurav Dolwani
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