Generation
Posted By OrePulse
Published: 28 May, 2025 12:33
Saudi's ACWA Power to explore $10bln power projects in Malaysia
Saudi-listed developer and operator of power and water plants ACWA Power announced on Wenesday that it has signed an agreement with state-owned Malaysian Investment Development Authority (MIDA) to explore the development of up to 12.5 gigawatts (GW) of power generation capacity by 2040, with an initial investment value of up to $10 billion.
The company said in a press statement that this collaboration will contribute towards achieving Malaysia's goal of increasing its installed renewable energy capacity to 70 percent by 2050.
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
Precious Metals
Ivanhoe rapidly scaling up output at Platreef amid ‘supercycle’ for prices...
14 Jan, 2026 13:28
47 min read
Energy Other
TotalEnergies forms Middle East trading venture with Bahrain's Bapco Energies...
14 Jan, 2026 13:08
52 min read
Precious Metals
Silver prices rise over 5 percent, crossing $91 mark for first time in history...
14 Jan, 2026 12:49
51 min read