ACWA Power and partners sign $3.3bn solar PV agreements in Saudi Arabia

ACWA Power and partners sign $3.3bn solar PV agreements in Saudi Arabia

In a major step toward bolstering Saudi Arabia’s renewable energy capabilities, ACWA Power, together with the Water and Electricity Holding Company (Badeel) and Saudi Aramco Power Company (SAPCO), has announced the signing of power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC). These agreements, valued at SAR12.3 billion (approximately USD3.3 billion), pave the […]

Al Shuaibah solar PV projects : ACWA Power-led consortium announces financial closure

Al Shuaibah solar PV projects : ACWA Power-led consortium announces financial closure

In a monumental step for Saudi Arabia’s renewable energy vision, leading energy player ACWA Power, in collaboration with the Water and Electricity Holding Company (Badeel) – under the Public Investment Fund (PIF) – and Saudi Aramco Power Company (SAPCO), has announced the successful financial close of the Al Shuaibah 1 and Al Shuaibah 2 solar […]