4/29/2026 10:00:23 AM (Volume: 43 / Issue: 5)
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Tag: ACWA Power

Energy, Oil & Gas

Acwa announces temporary output limits at two Saudi solar plants

Global utility major Acwa Power has announced that two of its solar independent power producer (IPP) plants in Saudi Arabia have been subject to temporary dispatch limitations following instructions from the grid operator, citing concerns over reactive power fluctuations affecting grid stability. ...

Energy, Oil & Gas

Acwa Power launches commercial operations at 501MWh Uzbek BESS project

Saudi-based Acwa Power, the world's largest private water desalination company and a leader in energy transition, has announced the launch of full commercial operations at its 501MWh battery energy storage system (BESS) linked to its Riverside Solar project at Tashkent in Uzbekistan. ...

Energy, Oil & Gas

Acwa Power consortium signs $4.1bn Kuwait Az Azour IWPP project deal

Saudi utility giant Acwa Power has announced that its consortium has signed an energy conversion and water purchase agreement for Az Zour North Phase 2 and 3 IWPP in Kuwait. The key $4.1 billion project will be implemented on a build, operate and transfer (BOT) basis. ...

Energy, Oil & Gas

L&T signs up Nextpower JV for 2.5GW Saudi solar project

Indian construction conglomerate Larsen & Toubro (L&T) has signed up Nextpower Arabia, the newly formed joint venture between Nextpower (formerly Nextracker) and Abunayyan Holding, to provide 2.25 gigawatts (GWp) of advanced solar tracking systems for the Bisha Solar project being developed by an Acwa-led consortium....

Energy, Oil & Gas

Acwa signs green ammonia corridor MoU with German counterparts

Acwa, a leader in energy transition, has signed a Memorandum of understanding (MoU) with EnBW Energie Baden-Württemberg, Rostock Port, and VNG, to create a green ammonia corridor from Acwa’s Yanbu project to the Port of Rostock where VNG plans to convert ammonia to green hydrogen for injection into the national core network....

Energy, Oil & Gas

Acwa Power to advance renewable energy development in Philippines

Acwa Power has signed a reservation agreement with the Philippines’ BCDA to develop large-scale renewable energy in New Clark City. The collaboration targets a major solar project with potential battery storage integration within the smart, green New Clark City Special Economic Zone north of Manila. ...

Energy, Oil & Gas

Acwa Power unveils Innovation Days 2026 platform

Acwa Power, a leader in energy transition, has announced the fourth edition of Innovation Days, to be held from January 26–28, 2026 at The Garage in Riyadh, under the patronage of the Ministry of Energy of Saudi Arabia....

Energy, Oil & Gas

Acwa Power buys entire Engie stake in Kuwait's Az Zour utility project

Saudi utilities major Acwa Power has announced the completion of acquisition of French energy giant Engie’s stake in the Al Zour North One Power and Water Plant (Az-Zour North IWPP) in Kuwait. The gas-fired IWPP has a 1.5GW power generation capacity and a 107 MIGD desalination capacity. ...

Energy, Oil & Gas

Trinasolar boosts KSA presence through collaboration with ACWA Power

Trinasolar, a global leader in smart PV and energy storage solutions, is accelerating its presence in Saudi Arabia through strategic collaborations with ACWA Power, the world’s largest private water desalination company, a leader in energy transition, and first mover into green hydrogen. ...

Energy, Oil & Gas

Acwa Power snaps up Engie’s strategic GCC utility assets for $693m

Acwa Power, a global utility leader, said it has successfully completed the acquisition of French energy major Engie’s strategic gas-fired power generation and water desalination assets in Kuwait and Bahrain along with the related O&M companies for $693 million. ...

Energy, Oil & Gas

Saudi–Bahrain energy ties boosted by ACWA Power–Bapco deal

ACWA Power and Bapco Energies signed a Joint Development Agreement to develop a multi-phase 2.8 GW solar plant with large battery storage in Saudi Arabia. Announced at the 2025 Saudi–Bahraini Coordination Council meeting, the project will supply Bahrain’s grid and support its renewable energy transition....

Energy, Oil & Gas

Kuwait issues RFPs for 500MW renewable energy projects

The Kuwait Authority for Partnership Projects has issued Request for Proposals to qualified bidders for the development of Al Dibdibah Power and Al Shagaya Renewable Energy (Phase III – Zone 2) Solar PV IPP project with a total capacity of 500MW. ...

Energy, Oil & Gas

Acwa Power achieves $8.2bn financial close for 15GW Saudi projects

Acwa Power, the world's largest private water desalination company, has announced that it has, along with its partners Badeel and Saudi Aramco Power Company (Sapco), achieved a $8.2 billion financial close for 15GW renewable energy projects in Saudi Arabia. ...

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