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Acwa Power Targets 15 GW Solar, Wind Projects

2/25/2025

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Summary

Story summary

Acwa Power is set to unveil ambitious solar and wind projects in Saudi Arabia, targeting a remarkable 15 GW capacity. With assets soaring to $107.5 billion, the company aims for a staggering $250 billion by 2030. Their expansion efforts in Asia and Africa are primarily fueled by support from commercial banks and development finance institutions, marking a bold step towards a sustainable future.

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Story summary

Acwa Power is set to unveil ambitious solar and wind projects in Saudi Arabia, targeting a remarkable 15 GW capacity. With assets soaring to $107.5 billion, the company aims for a staggering $250 billion by 2030. Their expansion efforts in Asia and Africa are primarily fueled by support from commercial banks and development finance institutions, marking a bold step towards a sustainable future.