Posco Group earlier said it wants to produce 500,000 tonnes of hydrogen by 2030
Paddy Padmanathan
Saudi’s ACWA Power sees net profit rise to $41.3mn in Q1 2022 despite Covid, Ukraine war disruptions
The Saudi firm saw three water and seven power projects come into operation between February and December 2021, driving growth in the first three months of 2022 by generating additional contractual, operations, and maintenance revenue streams
Saudi’s ACWA Power leading the global awakening towards a greener future
ACWA Power’s latest foray will see it, in conjunction with Air Products and Neom, take a noteworthy role in the world-scale green hydrogen-based ammonia production facility powered by renewable energy
Saudi power major sets IPO price at top end of range
ACWA Power International will raise $1.2bn and the IPO will value the company at $10.9bn
Power giant ACWA plans largest Saudi IPO since Aramco
ACWA Power International is selling 81.2 million shares to raise financing for its transformation into a low-carbon energy producer
Saudi power developer starts construction on South Africa’s largest renewable project
ACWA Power announces new phase for the 100MW Redstone project following financial close
Video: ACWA Power will be in 16 countries by end of year, says CEO
Paddy Padmanathan, chief executive officer at ACWA Power, discusses where he’s expanding the business, solar power and their relationship with Saudi Arabia’s Public Investment Fund.
Deal signed to build giant desalination plant in the UAE
Emirates Water and Electricity Company inks a water purchase agreement with Saudi-based ACWA Power for Taweelah project
ACWA Power considering an IPO ‘sooner rather than later’
ACWA sold $814m of bonds last year and sees an IPO as a way to ‘add a new currency’ to its efforts to finance the business
Saudi ACWA Power sees $4.5bn in local project tenders
Banks shortlisted to arrange developer’s IPO