ACWA Power will act as the lead developer, investor, and operator of green hydrogen and green ammonia production facilities, while SEFE will serve as a co-investor and primary offtaker
ACWA Power and Snam will assess the feasibility of a green hydrogen supply corridor linking Saudi Arabia with key European markets, including Italy, Austria, and Germany
The partners aim to establish a structured roadmap to facilitate the development of offshore wind, a key component of Azerbaijan’s push for renewable energy and net-zero emissions by 2050
ACWA Power has closed $238 million in senior debt facilities to develop Azerbaijan’s Absheron-Khizi 240 megawatt (MW) Wind Farm, the largest renewable energy project of its kind in the Caucasus region
The successful synchronisation of Redstone CSP to South Africa’s national grid, achieved through ACWA Power’s collaboration with Herlogas and SEPCOIII, strengthens ACWA Power’s position as the leading private investor in Africa’s renewable energy sector
