ACWA Power

Egypt, ACWA Power sign agreement for 10 GW wind energy project in West Sohag

Mon, 17 Jul 2023 - 06:42 GMT

The project is expected to generate approximately 50,000 gigawatt-hours of renewable energy upon completion, reducing annual carbon dioxide emissions by 2.4 million tons and supplying electricity to around 11 million residential units.

ACWA Power signs $1.5B contract with Egypt to build largest wind power plant in Middle East

Tue, 21 Jun 2022 - 03:56 GMT

ACWA Power is interested in investing in Egypt in two promising fields: the first is water desalination and producing green hydrogen.

$114M in financing package to build largest private solar power plant in Egypt

Thu, 22 Apr 2021 - 02:45 GMT

The EBRD said in a statement that the development of the Kom Ombo solar power plant would add 200 megawatts of energy and enhance the private sector’s participation in the Egyptian energy sector.

ACWA Power raises LE 5.5 million for ventilators in Egypt

Fri, 17 Apr 2020 - 02:24 GMT

Power and desalination company, ACWA Power on Friday raised LE 5.5 million ($349,286) to pay for ventilators for coronavirus patients, as part of the national efforts to curb the spread of the novel virus.

ACWA Power connects gas pipeline to Luxor plant for LE 1.6B

Tue, 19 Feb 2019 - 04:49 GMT

Well-informed sources told a local newspaper that the total cost of the gas pipeline amounted to LE 1.6 billion.

Saudi ACWA Power signs agreements for solar plants in Aswan

Tue, 08 Aug 2017 - 10:08 GMT

The three plants will reduce carbon dioxide emissions by 156,000 tons per year, secure power supplies to 80,000 households.