acwa-power

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MENA Weekly Round-Up: Oman Tenders 1 GW of Solar Projects

Oman’s Nama Power and Water Procurement Company invited bids to procure electricity from solar projects totaling 1,000 MW. The projects must be commissioned by the...

July 21, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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MENA Weekly Round-Up: Abu Dhabi Unveils Phase-2 of Residential Solar Policy

The Abu Dhabi Department of Energy announced the launch of the second phase of its solar energy self-supply policy, expanding its scope to include the residential sector....

April 7, 2026

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Melvin Mathew

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Energy Storage

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Solar
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MENA Weekly Round-Up: Iraq Speeds Up Solar Push Amid Regional Tensions

Iraq plans to accelerate solar power development as part of an emergency strategy to secure electricity supplies amid escalating tensions in the Middle East. The...

March 17, 2026

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Meghana Prasad

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Other

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Renewable Energy
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MENA Weekly Roundup: Türkiye, ACWA to Sign 3 GW Deal at COP31

Türkiye and Saudi Arabia’s ACWA Power will sign the second phase of the 5 GW renewable energy corporation deal at the UN climate summit COP31 to be held in Antalya,...

February 23, 2026

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Parth Shukla

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Markets & Policy

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Solar

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Wind
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MENA Weekly Round-Up: ACWA Power, Bapco Energies Sign Solar Plus BESS Deal

ACWA Power and Bapco Energies announced a joint development agreement to execute a solar-plus-large-scale battery energy storage (BESS) project in the eastern province...

December 16, 2025

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Melvin Mathew

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Energy Storage

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Solar
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Project Finance Brief: ACWA, Partners Secure Funding for 15 GW Renewable Projects

ACWA Power, a developer, owner, and operator of power generation projects, along with the Water and Electricity Holding Company (Badeel), a wholly owned company of PIF,...

December 3, 2025

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Staff

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Solar

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Storage
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Project Finance Brief: ACWA, Partners Secure Funding for 15 GW Renewable Projects

From: Mercom Capital Group ACWA Power, a developer, owner, and operator of power generation projects, along with the Water and Electricity Holding Company (Badeel), a...

December 3, 2025

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Staff

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Finance and M&A

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Solar
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MENA Weekly Roundup: Saudi Raises $8.2 billion for 15 GW Solar, Wind Projects

A consortium comprising ACWA Power, Water and Electricity Holding Company, and Saudi Aramco Power Company achieved financial closure of $8.2 billion for seven...

December 2, 2025

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Melvin Mathew

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Solar

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Wind
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ACWA Power Consortium Secures Financing for 15 GW Renewable Projects

ACWA Power, a developer, owner, and operator of power generation projects, along with the Water and Electricity Holding Company (Badeel), a wholly owned company of PIF,...

December 1, 2025

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Staff

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Solar
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MENA Weekly Roundup: Masdar Closes Financing for 2 GW Saudi Solar Project

UAE’s Masdar, alongside its consortium partners GD Power and Korea Electric Power, reached the financial close for the 2 GW Al Sadawi solar project in Saudi Arabia’s...

August 25, 2025

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Staff

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Market & Policy

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Renewable Energy
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MENA Weekly Round-Up: Saudi Consortium to Build 15 GW Solar, Wind Projects

A consortium of renewable energy project developers, led by ACWA Power, signed agreements totaling SAR31 billion (~$8.3 billion) to develop seven solar and wind power...

July 21, 2025

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Melvin Mathew

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Market & Policy

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Renewable Energy
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MENA Weekly Roundup: Oman to Install its Biggest Rooftop Solar Project

Oman National Engineering & Investment Co (ONEIC) signed a contract to implement the country’s biggest rooftop solar project, a 3.5 MW system, for the International...

February 18, 2025

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Staff

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Renewable Energy

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Solar
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MENA Round-Up: UAE Aims for 14.2 GW Clean Energy Capacity by 2030

The UAE updated its energy strategy, aiming to achieve climate neutrality by 2050. The country is increasing its focus on clean and renewable energy projects,...

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MENA Roundup: Larsen & Toubro Wins EPC Contract for Masdar’s BESS Project

Larsen & Toubro’s renewables business has won Masdar’s engineering, procurement and construction (EPC) contract for the north site a 24/7 solar and battery storage...

February 3, 2025

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Staff

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Finance and M&A

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Solar

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Wind
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Project Finance Brief: Sonnedix Acquires 42 MW Solar Project in Spain

Sonnedix, an independent solar power producer, announced the acquisition of a 42 MW ground-mounted solar PV project in Carpio del Tajo, Toledo, Castilla-La Mancha, Spain....

July 10, 2024

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Sohini Aich

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Solar

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Storage

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