ACWA Power

  • ACWA Power Reaches Financial Closure of 3 Solar Plants in Answan

    ACWA Power Reaches Financial Closure of 3 Solar Plants in Answan

    Thursday, 11th January 2018

    Saudi Arabia’s ACWA Power Company reached the financial closure for the development, construction, and operation of solar power projects at the Benban complex in Upper Egypt's Aswan.

  • Ministries Explore Options for New Power Plant

    Ministries Explore Options for New Power Plant

    Tuesday, 12th December 2017

    The Ministries of Electricity and Renewable Energy and Petroleum and Mineral Resources are negotiating alternative locations for the power plant planned for Dayrout.

  • El Molla Meets with ACWA Power CEO

    El Molla Meets with ACWA Power CEO

    Wednesday, 9th August 2017
    Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the CEO of ACWA Power, Paddy Padmanathan, to review the company's energy and water-desalination projects in Egypt and the region.
  • Egypt Pushed Back Power Projects

    Egypt Pushed Back Power Projects

    Sunday, 4th December 2016
    The Egyptian government decided to postpone negotiations on five power projects for which it had signed memorandum of understandings (MoU) in Sharm El Sheikh in March 2015.
  • ACWA to Build 2250MW Power Plant in Dairut

    ACWA to Build 2250MW Power Plant in Dairut

    Wednesday, 30th November 2016
    The Egyptian Ministry of Electricity is moving forward with ongoing negotiations with Saudi’s ACWA Power to build power plant in Dairut, at a capacity 2250MW.
  • ACWA to Build PV Plant in Jordan

    ACWA to Build PV Plant in Jordan

    Wednesday, 23rd November 2016
    ACWA Power has secured $54m in loans for a 60.3MW solar photovoltaic (PV) project located in Mafraq, 50km north-east of Amman, Jordan.
  • Egypt, Acwa Continue Talks on Power Plant

    Egypt, Acwa Continue Talks on Power Plant

    Sunday, 20th November 2016
    The Egyptian Ministry of Electricity is proceeding with negotiations with Saudi ACWA Power to establish an electricity power plant in Dairut.
  • Saudi ACWA Power Won Morocco’s Solar Project

    Saudi ACWA Power Won Morocco’s Solar Project

    Wednesday, 16th November 2016
    Saudi Arabia’s power and water project developer, ACWA Power, has won a contract for the development of the fourth and last phase of Morocco's flagship solar power complex Noor Ouarzazate with a capacity of 135MW.
  • Egypt, ACWA to Sign Power Plant Deal

    Egypt, ACWA to Sign Power Plant Deal

    Monday, 17th October 2016
    The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, met with representatives from Saudi ACWA Power to discuss Dairut power plant, with investments reaching about $2.1b.
  • Saudi ACWA Eyes South African Power Project

    Saudi ACWA Eyes South African Power Project

    Sunday, 12th June 2016
    Saudi-based ACWA Power's CEO, Paddy Padmanathan, expects to win further business in South Africa this year as the power plant developer rides out concerns about the country's currency to tap into its need for more electricity.