Generation
Posted By OrePulse
Published: 31 Dec, 2024 08:33
ACWA Power enters China with more than 1,000 MW renewable projects
Saudi Arabia’s ACWA Power has ventured into China by securing over 1,000 megawatts (MW of renewable energy projects.
The portfolio consists of multiple solar PV and wind projects, which will be owned partially/fully by ACWA Power with other partners in multiple provinces of China, the company said in a statement to the Saudi stock exchange.
The company is in the advanced stages of completing these investments, the statement said.
No financial or project details were given.
Earlier this month, Executive Vice President for China Lyu Yunhe said the company intends to invest up to $50 billion in China by 2030.
ACWA Power is on track to achieve 1.3 GW of renewable energy capacity in China by the end of the year.
Related Articles
Parliament Committee says no need to review three ...
10 Sep, 2024 07:57
Zimbabwe’s Biggest Miners Seek $182 Million for So...
12 Sep, 2024 06:57
GreenGo Energy Expands into Namibia with Strategic...
12 Sep, 2024 07:51
OPEC Fund approves $1.2 billion for development pr...
13 Sep, 2024 08:59
Floating solar starts to gather pace in Africa, as...
13 Sep, 2024 13:18
Prominent South African energy company files for l...
16 Sep, 2024 11:00
Libyan Export Decline and Fed Speculation Propel O...
17 Sep, 2024 08:00
South Sudan says it is ready to restart pumping oi...
17 Sep, 2024 13:23
Interest grows in Africa’s oil and gas hotspot...
18 Sep, 2024 10:42
South Africa Sanctions New National Petroleum Comp...
18 Sep, 2024 12:37Trending News
Base Metals
AVZ Minerals says Congo deal with KoBold breaches arbitration order...
21 Jul, 2025 14:05
10 min read
Other
South Africa Manganese delivers strong finish with 25% higher last quarter production...
21 Jul, 2025 14:03
9 min read
Base Metals
Zimbabwe's spodumene exports surge 30% despite weak lithium prices...
21 Jul, 2025 13:58
9 min read