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 involved in key PV, wind energy and Concentrated Solar Power projects within the regions where the company operates. Record performance in installed capacity and bidding prices have made ACWA Power renowned in the solar industry.
The CSP projects ACWA Power is involved in include:
- Noor Energy 1, Dubai (700MW CSP + 250MW PV)
- 580MW NOOR Ouarzazate Project, Morocco (510MW CSP + 70MW PV)
- 50MW Bokpoort Parabolic Trough CSP Project & 100MW Redstone Molten Salt Tower CSP Project, South Africa
ACWA Power works closely with Chinese partners in the development and construction of solar thermal power plants, including cooperating with Shanghai Electric and SEPCO 3 as the engineering, procurement, and construction partners for Noor Energy 1 and NOORo 2&3 respectively.
As CSP Focus reported earlier this June, ACWA Power signed an agreement with China’s Silk Road Fund, introducing it as an important partner and shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA Power RenewCo). This is ACWA Power’s renewable energy platform that currently owns a number of its existing renewable energy projects that include CSP, PV, and wind assets.
China and Middle East & Africa are leading emerging CSP markets, and the active participation of local companies in these regions are making great contributions to global CSP industry commercialization.
As one of the biggest power enterprises in the Middle East and as a world-leading CSP project developer, ACWA Power is open to share its considerable experience and expertise on CSP project development.
In the upcoming 3rd CSP Focus Innovation 2019（Oct.24-25, Beijing China）conference & expo, ACWA Power will join as the Event Supporting Partner, with Senior Executives in the CSP sector arriving in China to share their experience and innovations in solar CSP plant development, CSP industry value chain and purchasing standards.