Acwa Power

Saudi Arabia shines a light on future of concentrated solar power

Saudi Arabia is embracing a new, more efficient way to harness solar power for electricity, inspired by its role as the main developer in one of the world’s largest renewable energy projects, the Mohammed bin Rashid Al-Maktoum Solar Park in Dubai. Concentrated solar power (CSP), which makes up a [...]

Dow wins contract for 950 MW Phase 4 of Dubai’s MBR Concentrated Solar Power Park

American firm to work with China's Shanghai Electric on hybrid Concentrated Solar Power and solar PV project that will power 270,000 Dubai homes. The subcontracting has been awarded for 700MW concentrated solar power and a 250MW photovoltaic hybrid project. Dow, along with Chinese power generation and electrical equipment manufacturing company [...]

MBR Concentrated Solar Power Park reaches news infrastructure completion phase

The concrete base of the tower that is part of the Mohammed bin Rashid Al Maktoum, MBR, Solar Park, the largest single-site concentrated solar power, CSP, project in the world, has been completed. Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, DEWA, inspected the [...]

DEWA complete financing for Dubai concentrated solar power park

ACWA Power and Dubai Electricity and Water Authority (DEWA) said on Sunday they had completed the financing of a 950 megawatt concentrated solar power project in Dubai. The companies did not disclose the size of the deal in Sunday’s statement but sources told Reuters in January the financing would [...]

Rioglass Solar Signs Contracts for World’s Largest Concentrated Solar Power Plant

Rioglass Solar Signs Dubai 600 MWe CSP Project Order for Both Parabolic Trough Receiver Tubes and Mirrors with Abengoa Energía and Shanghai Electric. The record-breaking Dubai 700 MW CSP + 250 MW PV Hybrid Project Noor Energy 1, developed by Acwa Power in close cooperation with DEWA, Shanghai Electric [...]

Dubai Concentrated Solar Power suppliers tested on durability for longest-ever PPA

Suppliers to ACWA Power's 950 MW Noor Energy 1 plant are using enhanced strength and design features to ensure reliability throughout the 35-year power purchase agreement (PPA), the companies told New Energy Update. A flurry of recent supply contracts for ACWA Power's 950 MW Noor Energy 1 CSP-PV plant in [...]

Morocco’s Noor Ouarzazate Concentrated Solar Power plant could power over one million homes- CNN

Morocco’s Noor Ouarzazate plant, the largest concentrated solar power plant in the world, could power more than one million homes, CNN said in a focus on the Kingdom’s renewable energy projects. “Built on an area of more than 3,000 hectares – the size of 3,500 football fields – The Noor [...]

Shanghai Electric reports on Dubai 950 MW Concentrated Solar Power + PV solar power project

Shanghai Electric, as the EPC contractor of Dubai 950 MW CSP+PV solar complex, the fourth phase of Mohammad Bin Rashid Al Maktoum Solar Park, made a detailed report on the huge solar power plant during the Press Release in Beijing. The fourth phase of the solar park will use [...]

Concentrated Solar Power project at Mohammed bin Rashid Al Maktoum Solar Park wins first place at 6th International Best Practice Competition in ‘Partnership Category’

DEWA's victory was announced at the 24th Global Organisational Excellence Congress, which was organised by Abu Dhabi Chamber of Commerce and Industry for the first time in the Middle East. Abu Dhabi, UAE: Dubai Electricity & Water Authority (DEWA) won first place at the 6th International Best Practice Competition in [...]

MMEC Mannesmann partners with ACWA Power and incorporates Sohar Calciner to boost Oman’s aluminum industry

MMEC Mannesmann, a leading German engineering contractor in the field of petroleum coke calcining partners with ACWA Power, the leading developer, owner, and operator of power generation and water desalination plants, to develop the ‘Sohar Calciner’ project in Oman. The state-of-the-art plant will be the first of its kind [...]

China billions of Concentrated Solar Power market is open for global CSP players

In the past year of 2018, China completed a total capacity of 215 MW concentrated solar power (CSP) projects, almost 7 times of the 30 MW capacity made before 2018. China has become the No.5 country owning the biggest CSP capacity, and the most popular emerging CSP market with Morocco [...]

ACWA Power-led consortium to raise over $2bln for Dubai concentrated solar power project

ACWA Power leads a consortium which over the next few weeks is expected to conclude financing of more than $2 billion for a 950 megawatt (MW) concentrated solar power project in Dubai. The loan, provided by a group of mostly international banks, will back the development of Noor Energy 1, [...]

Siemens provides four steam turbines to Concentrated Solar Power plant in Dubai

Four steam turbines will help generate 700 megawatts of clean electricity. High-efficiency and rapid-start turbines support CSP (Concentrated Solar Power) operations. As part of its ongoing support to the Dubai Clean Energy Strategy 2050 and its role as a premier partner to Expo 2020 Dubai, Siemens will provide four steam [...]