Stepping up MENA’s power
ACWA Power is a leading investor, owner, and operator of power and desalinated water production plants based out of the United Arab Emirates. Since the company’s inception, it has planned for down-the-line profitability, rather than focusing on market pricing. CEO Paddy Padmanathan recently spoke with pv magazine to discuss how the company has maintained its competitive edge and continues to grow its geographical footprint.
Paddy Padmanathan is the CEO of ACWA Power, the largest renewable energy company in the Middle East. Photo: ACWA Power ACWA Power is the largest renewable energy company in the Middle East. What do you attribute to your company’s success?Pretty much everything we do is tendered, and typical contractor tendered mentality is to win on …
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