Sunday, August 3, 2025
HomeBusinessSaudi companies sign electricity purchase agreements for clean energy projects

Saudi companies sign electricity purchase agreements for clean energy projects

Logo ACWA Power Company

Acwa Power Company SJSC is a company based in Saudi Arabia, which is engaged in the development, investment, exploitation and maintenance of electricity production and water desalination. It operates in the following segments: Thermal and water Desalination, which develops, invests, exploits and optimizes power plants, in particular independent power plants (IPP), independent hydraulic power stations (IWPP) and independent hydraulic power plants (IWP); Renewables, which develops, invests, exploits and optimizes photovoltaic power plants (PV), concentrated solar power plants (CSP), wind power plants and hydrogen plants; And Others, which includes the activities of the company’s functions and other elements that are not allocated to the operating sectors to be presented. Its subsidiaries include Acwa Power SAUDI Electricity and Water Development Company, Kahromaa Company, Multiple Shares Company, Acwa Power Bahrain Holdings WLL, ACWA Power Management and Investments One LTD and ACWA POWER GLOBAL SERVICES LTD.

marley.cruz
marley.cruz
Marley profiles immigrant chefs across Texas, pairing recipes with visa-process explainers.
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