Skip to content Skip to Search
Skip navigation
Company Insights

Acwa Power

Acwa Power News

Around 90 percent of clean energy spending comes from advanced economies and China

ACWA places faith in hydrogen to power Saudi’s future

Saudi Arabia, the world’s top oil exporter, has grand ambitions to become the globe’s number one producer of green hydrogen. The kingdom is aiming to produce around four million tonnes of the gas by 2030 as part of Saudi Crown Prince Mohammed bin Salman’s (MbS) Vision 2030 to diversify the economy. Green hydrogen is set […]

City, Town, Urban

‘We’re serious about net zero’ says Saudi’s PIF chief

PIF establishing new hydrogen company Fund plans to develop 70 percent of renewable energy targets Kingdom to phase out almost all liquids Saudi Arabia’s Public Investment Fund (PIF) is committed to achieving its goal of developing 70 percent of the kingdom’s renewable energy by the end of the decade, PIF’s governor confirmed today. Despite it […]

Inside NEOM: Saudi’s $500bn smart megacity

Arguably the most ambitious project taking shape in the kingdom is NEOM, a vast region in the northwest of the country that is slowly being transformed into a vision of the future. At the heart of Crown Prince Mohammed bin Salman’s drive to diversify the country’s economy, it is being built at an estimated cost […]