Company Insights Acwa Power Energy Acwa Power News Opinion Artificial Intelligence AI, geopolitics and the Mena opportunity DeepSeek’s emergence has spotlighted the GCC’s role in hosting green AI infrastructure February 27, 2025 Renewable Energy Acwa Power planning 15GW wind and solar projects Acwa Power expects to announce new solar and wind power projects before the end of April as part of its contract to provide 70 percent of Saudi Arabia’s renewable energy needs. The projects will have a combined generating capacity of 15 gigawatts (GW), Acwa’s chief investment and development officer Thomas Brostrom told AGBI. That is […] February 24, 2025 Renewable Energy Acwa Power to build 2GW wind power project in Egypt Saudi renewables major Acwa Power will build, own and operate a 2-gigawatt (GW) wind power generation plant in South Hurghada, Egypt, typically enough to power nearly 2 million homes. The company, which is listed on the Saudi stock exchange, signed a 25-year power purchase agreement (PPA) with the state-run Egyptian Electricity Transmission Company for the SAR8.6 […] February 19, 2025 Opinion Energy Iraq must act fast to avoid a domestic energy crisis Things are never simple in the land of the two rivers but Baghdad needs solutions now February 18, 2025 Oil & Gas Iraq-Turkmenistan gas deal unlikely to happen A gas supply agreement signed by Iraq and Turkmenistan in 2023 may never begin because of challenges with transiting the gas through neighbouring Iran, Iraqi analysts say. The deal was for nearly 20 million cubic metres of natural gas per day to supply Iraq’s power facilities, but Iraq and Turkmenistan do not share a border. […] February 13, 2025 Renewable Energy Acwa Power signs green hydrogen supply deal with Germany Acwa Power, the Saudi power supplier, has signed an agreement with German energy trading company Securing Energy for Europe (Sefe) to supply 200,000 tonnes of green hydrogen a year by 2030. Under the memorandum of understanding signed on Monday, Acwa Power will act as the lead developer, investor and operator of green hydrogen and green […] February 3, 2025 Renewable Energy Tunisia turns to waste to tackle power supply gap Tunisia needs to encourage investment in waste-to-energy projects in order to tackle a massive power supply gap of nearly 60 percent, an energy official was reported on Wednesday as saying. Incentives for such projects include the purchase of their production by the state-owned Tunisian Electricity and Gas Company, said Wael Chouchane, secretary of state for […] January 29, 2025 Energy Neighbours to supply Iraq with 3GW of electricity this summer Iraq intends to buy 3,250 megawatts (MW) of electricity from neighbouring countries this summer, to fill a supply gap caused by a surge in domestic demand during the hot season. Electricity ministry spokesman Ahmed Mousa said at the weekend that supplies would come from Turkey, Iran, Jordan, Saudi Arabia and the common Gulf Cooperation Council […] January 27, 2025 Giga-projects Italian insurer guarantees $3bn Saudi giga-project loan Sace, an Italian state-owned insurance company, has guaranteed a multi-currency loan of $3 billion provided by nine international banks to support projects in Neom, Saudi Arabia’s $500 billion giga-project. The announcement coincided with an official visit by Italian prime minister Giorgia Meloni to Saudi Arabia, where she and Crown Prince Mohammed bin Salman signed an […] January 27, 2025 Renewable Energy Acwa Power targets green hydrogen link to Europe The Saudi renewables company Acwa Power and the Italian natural gas transport operator Snam are to jointly explore investments to set up a green hydrogen supply chain. The collaboration aims to establish a “dependable and cost-effective” supply of green hydrogen from Saudi Arabia to Europe. The two companies will also evaluate the development of an […] January 27, 2025 Posts navigation Previous 1 2 3 4 … 15 Next
Opinion Artificial Intelligence AI, geopolitics and the Mena opportunity DeepSeek’s emergence has spotlighted the GCC’s role in hosting green AI infrastructure February 27, 2025
Renewable Energy Acwa Power planning 15GW wind and solar projects Acwa Power expects to announce new solar and wind power projects before the end of April as part of its contract to provide 70 percent of Saudi Arabia’s renewable energy needs. The projects will have a combined generating capacity of 15 gigawatts (GW), Acwa’s chief investment and development officer Thomas Brostrom told AGBI. That is […] February 24, 2025
Renewable Energy Acwa Power to build 2GW wind power project in Egypt Saudi renewables major Acwa Power will build, own and operate a 2-gigawatt (GW) wind power generation plant in South Hurghada, Egypt, typically enough to power nearly 2 million homes. The company, which is listed on the Saudi stock exchange, signed a 25-year power purchase agreement (PPA) with the state-run Egyptian Electricity Transmission Company for the SAR8.6 […] February 19, 2025
Opinion Energy Iraq must act fast to avoid a domestic energy crisis Things are never simple in the land of the two rivers but Baghdad needs solutions now February 18, 2025
Oil & Gas Iraq-Turkmenistan gas deal unlikely to happen A gas supply agreement signed by Iraq and Turkmenistan in 2023 may never begin because of challenges with transiting the gas through neighbouring Iran, Iraqi analysts say. The deal was for nearly 20 million cubic metres of natural gas per day to supply Iraq’s power facilities, but Iraq and Turkmenistan do not share a border. […] February 13, 2025
Renewable Energy Acwa Power signs green hydrogen supply deal with Germany Acwa Power, the Saudi power supplier, has signed an agreement with German energy trading company Securing Energy for Europe (Sefe) to supply 200,000 tonnes of green hydrogen a year by 2030. Under the memorandum of understanding signed on Monday, Acwa Power will act as the lead developer, investor and operator of green hydrogen and green […] February 3, 2025
Renewable Energy Tunisia turns to waste to tackle power supply gap Tunisia needs to encourage investment in waste-to-energy projects in order to tackle a massive power supply gap of nearly 60 percent, an energy official was reported on Wednesday as saying. Incentives for such projects include the purchase of their production by the state-owned Tunisian Electricity and Gas Company, said Wael Chouchane, secretary of state for […] January 29, 2025
Energy Neighbours to supply Iraq with 3GW of electricity this summer Iraq intends to buy 3,250 megawatts (MW) of electricity from neighbouring countries this summer, to fill a supply gap caused by a surge in domestic demand during the hot season. Electricity ministry spokesman Ahmed Mousa said at the weekend that supplies would come from Turkey, Iran, Jordan, Saudi Arabia and the common Gulf Cooperation Council […] January 27, 2025
Giga-projects Italian insurer guarantees $3bn Saudi giga-project loan Sace, an Italian state-owned insurance company, has guaranteed a multi-currency loan of $3 billion provided by nine international banks to support projects in Neom, Saudi Arabia’s $500 billion giga-project. The announcement coincided with an official visit by Italian prime minister Giorgia Meloni to Saudi Arabia, where she and Crown Prince Mohammed bin Salman signed an […] January 27, 2025
Renewable Energy Acwa Power targets green hydrogen link to Europe The Saudi renewables company Acwa Power and the Italian natural gas transport operator Snam are to jointly explore investments to set up a green hydrogen supply chain. The collaboration aims to establish a “dependable and cost-effective” supply of green hydrogen from Saudi Arabia to Europe. The two companies will also evaluate the development of an […] January 27, 2025
