Saudi Arabia
Saudi Arabia launches 4.5 GW solar, wind tender
These are under the National Renewable Energy Program.
Saudi Arabia launches 4.5 GW solar, wind tender
These are under the National Renewable Energy Program.
ACWA Power’s net profit up 36% to $251.19m in H1
A number of projects went online in the past months.
Saudi signs deals for 5,500 MW solar projects
These are part of the kingdom’s renewable energy programme.
ACWA Power to boost capital by $1.9b
It will help drive the company’s goal of tripling its assets by 2030.
ACWA Power signs deal with Itochu for green ammonia in Egypt
They will offtake around 600,000 tonnes of green ammonia initially.
ACWA Power sells 30% stake in RAWEC to Hassana
The company holds a 99% stake in the independent water, steam and power producer.
ACWA Power and Tunisia partner for green hydrogen project
This will support Tunisia’s strategy of exporting green hydrogen to Europe.
Saudi inks 2 PPAs for 1,100 MW wind projects
The agreements mark the lowest cost of wind power production in the world.
ACWA Power and SOCAR partner to advance RE projects in Azerbaijan
The Saudi-based firm is developing a 240 MW wind power plant in Azerbaijan.
ACWA Power inks $3b debt financing for 3,600 MW CCGT projects
The financing will be used for the construction of two CCGT projects.
Saudi Arabia RE capacity expected to reach 31.5 GW by 2030
Its renewables capacity will be at 63.1 GW by 2035.
Saudi Arabia, Greece form SPV for interconnection project
Greece’s IPTO and Saudi Arabia’s National Grid will hold equal stakes at the firm.
Saudi Power Procurement Company opens bids for four 7.2 GW CCGT plants in Saudi Arabia
Each power plant has a capacity of 1.8 GW.
Saudi Power Procurement Company signs deal for 8400 MW power plant projects
The projects will help supply power for 3.5 million residential units annually.
Saudi Arabia sends qualification request for 4 solar projects
The projects are under the management of the National Renewable Energy Program.
ACWA Power inks deal with Dutch entities for green hydrogen export corridor
Saudi Arabia and the Netherlands boost cooperation in clean hydrogen.
ACWA Power reaches financial close for over 10 projects worth $14b
This is the largest-ever recorded in the company’s history.
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Commentary
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors