EDF Power Solutions and Korea Western Power Co. (KOWEPO) signed a Joint Development Agreement with EWEC for th ..Read More

EDF Power Solutions and Korea Western Power Co. (KOWEPO) signed a Joint Development Agreement with EWEC for the 1.5 GW Al Zarraf Solar PV IPP in Al Dhafra, UAE. The project will power ~160,000 homes, cut CO₂ emissions by 2.4 million metric tonnes annually, and contribute 5% toward EWEC’s 2030 emissions reduction target. It marks Abu Dhabi’s fifth large-scale solar PV plant, supporting its goal of 10GW solar capacity by 2030.
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• Power
• PPP

EDF Power Solutions and Korea Western Power Co. (KOWEPO) have signed a Joint Development Agreement with EWEC f ..Read More

EDF Power Solutions and Korea Western Power Co. (KOWEPO) have signed a Joint Development Agreement with EWEC for the 1.5 GW Al Zarraf Solar PV IPP in Al Dhafra, UAE. The project will power ~160,000 homes, cut CO₂ emissions by 2.4 million tonnes annually, and contribute 5% to EWEC’s targeted 36% emissions intensity reduction by 2030. It marks Abu Dhabi’s fifth major solar PV project, aiming to help reach 10 GW solar capacity by 2030.
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• Power
• PPP

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hyd ..Read More

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hydrogen project in Oxagon, NEOM, as of early Q1 2025. The facility, a JV between ACWA Power, Air Products, and NEOM, will produce up to 600 tonnes/day of carbon-free hydrogen as green ammonia, reducing global CO₂ emissions by 5 million tonnes annually. Powered by 4 GW of solar and wind energy (completion by mid-2026), the plant aims for first product availability in 2027 and secured $8.4B in financing.
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• Hydrogen
• NEOM
• Power

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hyd ..Read More

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hydrogen project in Oxagon, NEOM, as of early Q1 2025. The facility, a JV between ACWA Power, Air Products, and NEOM, will produce up to 600 tonnes/day of carbon-free hydrogen as green ammonia, reducing global CO₂ emissions by 5 million tonnes annually. Powered by 4 GW of solar and wind energy (completion by mid-2026), the plant aims for first product availability in 2027 and secured $8.4B in financing.
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• Hydrogen
• NEOM
• Power

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on ..Read More

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on the 300 MW Rabigh 2 Solar IPP project, valued at SAR 825 million (USD 220 million). A 25-year Power Purchase Agreement was signed with SPPC in Dec 2024 as part of Saudi Arabia’s Round 5 National Renewable Energy Program. The plant, set to connect to the grid by 2026, supports the Kingdom’s Vision 2030 goal of a 50-50 gas-renewables energy mix.
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• Finance
• Power

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on ..Read More

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on the 300 MW Rabigh 2 Solar IPP project, valued at SAR 825 million (USD 220 million). A 25-year Power Purchase Agreement was signed with SPPC in Dec 2024 as part of Saudi Arabia’s Round 5 National Renewable Energy Program. The plant, set to connect to the grid by 2026, supports the Kingdom’s Vision 2030 goal of a 50-50 gas-renewables energy mix.
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• Finance
• Power

Arctech has signed a strategic contract with India’s ACME Cleantech Solutions to supply 175 MWp of solar tra ..Read More

Arctech has signed a strategic contract with India’s ACME Cleantech Solutions to supply 175 MWp of solar trackers for a 300 MTPD Green Ammonia Project in Duqm, Oman. Using its Skyline II Single Axis Solar Tracking System, Arctech will deliver systems from July 2025 to withstand the region’s extreme coastal desert conditions. The project supports Oman’s clean energy ambitions and integrates solar PV with green hydrogen production, advancing industrial decarbonization.
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• Hydrogen
• Power

ACWA Power (Saudi Arabia) signed MoUs and SPAs with key Malaysian entities during the ASEAN-GCC Summit to expl ..Read More

ACWA Power (Saudi Arabia) signed MoUs and SPAs with key Malaysian entities during the ASEAN-GCC Summit to explore up to 12.5GW of power generation by 2040 with an initial investment of USD 10 billion. Partnerships with MIDA, TNB, Terengganu Inc., and UEM Lestra aim to jointly develop projects in renewable energy, green hydrogen, FPV, CCGT, and water desalination, supporting Malaysia’s NETR and Saudi Vision 2030. The initiative aligns with Malaysia's goal to reach 70% renewable energy by 2050.
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• Power