ACWA Power, a Saudi Arabian energy company, is committed to supporting the global trend towards sustainability by providing clean energy and innovative energy solutions. ACWA Power has five projects in Egypt, all in the renewable sector, with multi-billion dollar investments in solar and wind energy projects. ACWA Power, a Saudi Arabian energy company, is working on three major renewable energy projects in Egypt, which are expected to be completed by 2026. Some of the markets that ACWA Power is interested in are:China: ACWA Power recently signed MoUs with nine renowned Chinese entities, coinciding with the 1st China Arab Summit and President Xi Jinping’s state visit. ACWA Power, a Saudi Arabian energy company, regards Egypt’s approach to green hydrogen as an important step in diversifying the energy mix and reducing carbon emissions.


Source:   Daily News Egypt
August 29, 2023 12:57 UTC