ACWA Power, a leading developer, investor and operator of power generation and desalinated water plants worldwide, announced Wednesday that its South African Bokpoort CSP plant has become the first renewable facility in the continent to complete a full week of continuous round the clock operation. Bokpoort CSP set the [...]
ACWA Power, a leading developer, investor and operator of power generation and desalinated water plants worldwide, will showcase its portfolio of leading renewable energy and water desalination projects at the at 22nd Water, Energy, Technology and Environment exhibition (WETEX) as a Titanium Sponsor. Unlike any of its former editions, WETEX [...]
ACWA Power of Saudi Arabia has appointed Shanghai Electric Group as the engineering, construction and procurement (EPC) contractor to deliver the fifth phase project of the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai with capacity of 900 MW. The Solar Park project is the largest single-site solar power [...]
The South African-based Bokpoort Concentrated Solar Power project, now in its fifth year of production, celebrated yet another huge production record. The 50MW Concentrated Solar Thermal Power (CSP) Parabolic Trough Power Plant with 9.3-hour storage set a new winter production record in August 2020. Bokpoort CSP CEO, Christo Spammer, shared [...]
Headquartered in Saudi Arabia, ACWA Power is a developer, investor and operator of a portfolio of power generation and desalinated water production plants with a presence in 11 countries in the Middle East and North Africa, Southern Africa and South-East Asia regions. In recent years, ACWA Power has actively been [...]
ACWA Power has announced financial close for the 900 MW fifth phase of the giant Mohammed bin Rashid Al Maktoum Solar Park in Dubai, and revealed the bevy of international lenders that will be behind the $564 million facility. ACWA on Thursday announced Abu Dhabi Islamic Bank would be [...]
ACWA Power of Saudi Arabia has appointed Shanghai Electric Group as the engineering, construction and procurement (EPC) contractor to deliver the fifth phase project of the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai with capacity of 900 MW. The Solar Park project is the largest single-site solar power [...]
Firms set to build on 4th phase success with the installation of 900MW of photovoltaic and concentrated solar power at the site. Shanghai Electric Group has been appointed as the engineering, construction and procurement (EPC) contractor for the fifth phase project of the Mohammed Bin Rashid Al Maktoum Solar Park [...]
ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants recently announced the completion of the transaction to introduce Silk Road Fund as a partner and a 49% shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA Power RenewCo). ACWA Power RenewCo is ACWA [...]
Shanghai Electric completes Noor Energy 1 Concentrated Solar Power tower in Dubai. Construction partners on the 950 MW Noor Energy 1 Concentrating Solar Power- Photovoltaic project in Dubai completed the 260-meter high receiver tower on January 9, Shanghai Electric, lead EPC contractor, said in a statement. The $4.4 billion [...]
CBI is a reputable international non-profit organization solely working towards mobilizing and facilitating climate change solutions through the $100 trillion bond market and "green loan" issuances. The fourth phase of Mohammed bin Rashid Al Maktoum (MBR) Solar Park – Noor Energy 1 – has become the first project in the [...]
In recent years, ACWA Power has been active in participating PV, wind and Concentrated Solar Power projects. Record performance in installed capacity and bidding price make ACWA Power well-known to all solar industry player. The Concentrated Solar Power projects ACWA Power gets involved include: Dubai Noor Energy 1 Solar Project [...]
China's Silk Road Fund has purchased a 49% stake in ACWA Power Renewable Energy (ACWA Power RenewCo), the Saudi Arabian group announced June 23. ACWA Power is a leading solar and wind developer in the Middle East and North Africa (MENA) and the dominant developer of CSP plants in [...]
