ACWA Power

Concentrated Solar Power Market to hit $7 billion by 2027, Says Global Market Insights, Inc.

Retrieved on: 
Monday, March 15, 2021
Energy, Energy conversion, Renewable energy, Solar energy, Solar power, Solar thermal energy, ACWA Power, Abengoa Solar, Concentrated solar power, Abengoa

SELBYVILLE, Del., March 15, 2021 /PRNewswire/ -- The concentrated solar power market value is set to cross USD 7 Billion by 2027, as reported in the latest study by Global Market Insights, Inc.

Key Points: 
  • SELBYVILLE, Del., March 15, 2021 /PRNewswire/ -- The concentrated solar power market value is set to cross USD 7 Billion by 2027, as reported in the latest study by Global Market Insights, Inc.
  • Some prime findings of the concentrated solar power market report include:
    CSP market is expected to grow owing to rising sustainable power demand coupled with rising investment toward solar integrated power grid.
  • Major players operating across the concentrated solar power industry includes ACWA Power, Abengoa Solar, Enel Green Power, Suntrace and Acciona Energy.
  • In addition, paradigm shift toward installation of without storage CSP plants owing to improved capacity utilization and high-power reliability will augment the concentrated solar power market statistics.

South Africa Electricity Generation Market 2021: Coal, Gas and Renewables and Developments at Eskom and in the Independent Power Production Programme

Retrieved on: 
Monday, March 8, 2021
Eskom, ACWA Power, Energy, Electric power, Electricity sector in South Africa

DUBLIN, March 8, 2021 /PRNewswire/ -- The "Generation of Electricity in South Africa 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 8, 2021 /PRNewswire/ -- The "Generation of Electricity in South Africa 2021" report has been added to ResearchAndMarkets.com's offering.
  • This report focuses on the generation of electricity and includes information on the size and state of the sector, including coal, gas and renewables and developments at Eskom and in the independent power production programme.
  • There are profiles of 13 companies including Eskom, the National Energy Regulator of South Africa, Dedisa Peaking Power, Hopefield Wind Farm Local Community Company and ACWA Power Solafrica Bokpoort.
  • Independent power production has provided opportunities for new players and SMEs in the form of advisory services, transport and provision of hardware.

South Africa Electricity Generation Market 2021: State of the Industry, Market Dynamics, Outlook, Market Size, Competition - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 4, 2021
Other Energy, Utilities, Oil, Gas, Coal, Alternative energy, Energy, Nuclear, Eskom, ACWA Power, Energy, Electric power, South African energy crisis, Electricity sector in South Africa

The "Generation of Electricity in South Africa 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Generation of Electricity in South Africa 2021" report has been added to ResearchAndMarkets.com's offering.
  • There are profiles of 13 companies including Eskom, the National Energy Regulator of South Africa, Dedisa Peaking Power, Hopefield Wind Farm Local Community Company and ACWA Power Solafrica Bokpoort.
  • State-owned utility Eskom, which dominates the generation of electricity in South Africa, continues to be plagued by financial instability, corruption, generating capacity shortages, and a debt burden which is threatening the country's economy.
  • Government's Integrated Resource Plan 2019 includes increased generation capacity from renewable sources, but South Africa remains reliant on coal for the foreseeable future.

ACWA Power signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

Retrieved on: 
Wednesday, December 30, 2020
ACWA Power, ACWA, Articles, Ministry of Energy, Azerenerji, Energy, Renewable energy

ACWA Power also signed the Power Purchase Agreement and Transmission Connection Agreement with "Azerenerji" OJSC, the national electrical power company and off-taker for the project.

Key Points: 
  • ACWA Power also signed the Power Purchase Agreement and Transmission Connection Agreement with "Azerenerji" OJSC, the national electrical power company and off-taker for the project.
  • As the first foreign investment based independent wind power project in Azerbaijan structured as a public-private partnership, the plant will contribute to reach Azerbaijan's target of 30% of renewable energy capacity by 2030.
  • I am confident that after "ACWA Power" other companies from Saudi Arabia will follow suit and will invest in Azerbaijan.
  • ACWA Power is honoured to partner with the Ministry of Energy, in Azerbaijan and the national electric power company "Azerenerji" OJSC to develop the first foreign investment based independent wind powerplant."

ACWA Power signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

Retrieved on: 
Wednesday, December 30, 2020
ACWA Power, ACWA, Articles, Ministry of Energy, Azerenerji, Energy, Renewable energy

ACWA Power also signed the Power Purchase Agreement and Transmission Connection Agreement with "Azerenerji" OJSC, the national electrical power company and off-taker for the project.

Key Points: 
  • ACWA Power also signed the Power Purchase Agreement and Transmission Connection Agreement with "Azerenerji" OJSC, the national electrical power company and off-taker for the project.
  • As the first foreign investment based independent wind power project in Azerbaijan structured as a public-private partnership, the plant will contribute to reach Azerbaijan's target of 30% of renewable energy capacity by 2030.
  • I am confident that after "ACWA Power" other companies from Saudi Arabia will follow suit and will invest in Azerbaijan.
  • ACWA Power is honoured to partner with the Ministry of Energy, in Azerbaijan and the national electric power company "Azerenerji" OJSC to develop the first foreign investment based independent wind powerplant."

Pacific Green Builds Out Senior Management Team Appointing Xavier Lara As Senior Vice President, Concentrated Solar Power

Retrieved on: 
Tuesday, October 27, 2020
Energy, Solar energy, Energy conversion, Renewable energy, Concentrated solar power, Solar architecture, ACWA Power, Solar power

DOVER, DE, Oct 27, 2020 - (ACN Newswire) - Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Xavier Lara as Senior Vice President, Concentrated Solar Power, effective October 26, 2020.

Key Points: 
  • DOVER, DE, Oct 27, 2020 - (ACN Newswire) - Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Xavier Lara as Senior Vice President, Concentrated Solar Power, effective October 26, 2020.
  • Xavier is one of the pre-eminent experts in the Concentrated Solar Power (CSP) sector, with over twenty-five years' experience, including various senior-level roles for AELIUS Engineers and Consultants, Empresarios Agrupados, ACWA Power and NextEra Energy.
  • Xavier joins Pacific Green having recently served as Project Director on billion dollar Cleantech developments around the world.
  • Xavier Lara, Senior Vice President, Concentrated Solar Power, commented: "Following the acquisition of ENGIN, Pacific Green has positioned itself for success in the CSP space and I look forward to being part of the team to help Pacific Green continue its path to become a world leader in the design and manufacture of CSP systems."

Shanghai Electric has been awarded EPC contract for 5th phase project of Dubai solar park

Retrieved on: 
Monday, August 3, 2020
Energy, Articles, Renewable energy, Alternative energy, Energy conversion, ACWA Power, Concentrated solar power, Solar power, Photovoltaic power station

The Solar Park project is the largest single-site solar power plant in the Middle East.

Key Points: 
  • The Solar Park project is the largest single-site solar power plant in the Middle East.
  • The two groups have been cooperated with each other in the 700MW Concentrated Solar Power (CSP) project and the 250MW PV solar power project, which are the fourth phase of the Solar Park.
  • Shanghai Electric Group worked with ACWA Power for bidding the tender of the latest phase of 900MW and finally won.
  • The contract signing of 900MW Solar Park project is another milestone along the journey of the pair's cooperation.

Shanghai Electric has been awarded EPC contract for 5th phase project of Dubai solar park

Retrieved on: 
Monday, August 3, 2020
Energy, Articles, Renewable energy, Alternative energy, Energy conversion, ACWA Power, Concentrated solar power, Solar power, Photovoltaic power station

The Solar Park project is the largest single-site solar power plant in the Middle East.

Key Points: 
  • The Solar Park project is the largest single-site solar power plant in the Middle East.
  • The two groups have been cooperated with each other in the 700MW Concentrated Solar Power (CSP) project and the 250MW PV solar power project, which are the fourth phase of the Solar Park.
  • Shanghai Electric Group worked with ACWA Power for bidding the tender of the latest phase of 900MW and finally won.
  • The contract signing of 900MW Solar Park project is another milestone along the journey of the pair's cooperation.

Air Products, ACWA Power and NEOM Sign Agreement for $5 Billion Production Facility in NEOM Powered by Renewable Energy for Production and Export of Green Hydrogen to Global Markets

Retrieved on: 
Tuesday, July 7, 2020
Chemistry, Physical sciences, Chemical elements, ACWA Power, Emerging technologies, Industrial gases, Sustainable technologies, Ammonia, Hydrogen vehicle, ACWA, Neom

LEHIGH VALLEY, Pa., July 7, 2020 /PRNewswire/ --Air Products, in conjunction with ACWA Power and NEOM, announced the signing of an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy.

Key Points: 
  • LEHIGH VALLEY, Pa., July 7, 2020 /PRNewswire/ --Air Products, in conjunction with ACWA Power and NEOM, announced the signing of an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy.
  • Air Products will be the exclusive off-taker of the green ammonia and intends to transport it around the world to be dissociated to produce green hydrogen for the transportation market.
  • ACWA Power has a proven track record of leveraging pioneering renewable technologies to deliver carbon-free power at the lowest cost.
  • ACWA Power is a developer, investor and operator of power generation and desalinated water production plants.

Air Products, ACWA Power and NEOM Sign Agreement for $5 Billion Production Facility in NEOM Powered by Renewable Energy for Production and Export of Green Hydrogen to Global Markets

Retrieved on: 
Tuesday, July 7, 2020
Chemistry, Physical sciences, Chemical elements, ACWA Power, Emerging technologies, Industrial gases, Sustainable technologies, Ammonia, Hydrogen vehicle, ACWA, Neom

LEHIGH VALLEY, Pa., July 7, 2020 /PRNewswire/ --Air Products, in conjunction with ACWA Power and NEOM, announced the signing of an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy.

Key Points: 
  • LEHIGH VALLEY, Pa., July 7, 2020 /PRNewswire/ --Air Products, in conjunction with ACWA Power and NEOM, announced the signing of an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy.
  • Air Products will be the exclusive off-taker of the green ammonia and intends to transport it around the world to be dissociated to produce green hydrogen for the transportation market.
  • ACWA Power has a proven track record of leveraging pioneering renewable technologies to deliver carbon-free power at the lowest cost.
  • ACWA Power is a developer, investor and operator of power generation and desalinated water production plants.