Saudi-based Acwa Power has announced the launch of the $1-billion Kirikkale Combined Cycle Power Plant in Turkey which has a 1,000 MW capacity, enough to meet three percent of the country's total electricity demand.
The project was officially launched at a major ceremony held at the Presidential Complex in the presence of President Recep Tayyip Erdogan and Berat Albayrak, the Minister of EnergyRead more
Saudi-based Acwa Power has announced the launch of the $1-billion Kirikkale Combined Cycle Power Plant in Turkey which has a 1,000 MW capacity, enough to meet three percent of the country's total electricity demand.
The project was officially launched at a major ceremony held at the Presidential Complex in the presence of President Recep Tayyip Erdogan and Berat Albayrak, the Minister of EnergyRead more
The Gulf desert emirate of Dubai on Saturday announced the award of a $3.8-billion contract for the final phase of a solar park aimed at generating 5,000 megawatts of electricity by 2030.
The local government said the contract for the fourth and final phase went to Chinese conglomerate Shanghai Electric and ACWA Power of Saudi Arabia.
The solar park namedRead more
Following regional and global cues, the MSM30 Index declined by 0.38 per cent to close at 5,550.69 points. The MSM Sharia Index ended at 815.38 points, down by 1.40 per cent. ACWA Power Barka was the most active in terms of volume and turnover due to a special deal. The top gainer was Galfar Engineering, up by 3.70 per cent,Read more
Dubai Electricity and Water Authority, DEWA, has confirmed that the ACWA Power and Harbin Electric consortium has begun construction of the 2,400 megawatt (MW) Hassyan clean coal power station, based on the Independent Power Producer, IPP, procurement model. The plant will be the first of its kind in the region and is fully-compliant with set international standards, adopting the useRead more