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.
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-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 el ...