Saudi Arabia secures financing for 15 GW of new solar and wind capacity
A consortium led by Acwa Power, Water and Electricity Holding Co. (Badeel) and Saudi Aramco Power Co. has secured a $5.9 billion senior debt facility for seven Saudi Arabia renewable energy projects totaling 15 GW across solar and wind.
Acwa Power secures two solar-plus-storage projects in Morocco
Riyadh-based energy company Acwa Power will develop Morocco’s Noor Midelt II and Noor Midelt III solar-plus-storage projects. Together, they have a combined solar capacity of 800 MW alongside 1,200 MWh of battery energy storage.
ACWA Power building hydrogen bridge between Europe and Middle East, North Africa
In an exclusive interview with pv magazine, ACWA Power CEO Marco Arcelli said the Saudi energy giant is currently exploring opportunities to build a hydrogen corridor between Europe and the Middle East and North Africa. He spoke about the company’s current 2 GW hydrogen project in Neom and presented the company’s plans for renewable energy and desalination.
ACWA Power, Solarabic among winners at 2025 MESIA Solar Awards
The Middle East Solar Industry Association (MESIA) honored several of the region’s most significant contributors at the 2025 edition of its annual MESIA Solar Awards. Solarabic, ACWA Power, Yellow Door Energy and Meteocontrol were among the awardees.
JinkoSolar supplies 3 GW of modules in Saudi Arabia
JinkoSolar says it has supplied 3 GW of modules for two Acwa Power projects in Saudi Arabia, using its n-type Tiger Neo series 78 and series 66 solar modules.
ACWA Power secures $2.6 billion for 5.5 GW of solar in Saudi Arabia
ACWA Power has obtained $2.6 billion through a consortium of banks for three solar plants in Saudi Arabia, with a combined capacity of 5.5 GW.
Egyptian solar set to expand beyond the massive 1.8 GW Benban PV project
In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country’s solar potential, and premium prices for gas exports make the case for a more diverse energy mix. A nation with grand renewables targets – but slow installation rates – may finally be weaning itself off fossil fuel resources.
Saudi Arabia’s Public Investment Fund, ACWA Power invest $3.25 billion in three new solar projects
With a combined capacity of 4.55 GWac, the projects will power some 750,000 households. The Public Investment Fund is mandated to develop 70% of Saudi Arabia’s renewable energy target capacity by 2030.
Weekend Read: Floating the solar dream
Indonesia is a coal-dependent country in which conventional power grids are problematic. The archipelagic nation is turning to floating PV (FPV) to help accelerate its energy transition. Sorta Caroline takes a look at the state of play for water-borne solar and the problems that still need to be overcome.
Dubai solar park hits 1.8 GW of generating capacity
The Dubai Electricity & Water Authority (DEWA) has installed 270 MW of PV panels at the massive Mohammed bin Rashid Al Maktoum project since August, bringing its operational capacity to 1.83 GW.
