The projects take the total solar capacity Acwa Power has won in Saudi Arabia to 10GW
Acwa Power has announced that three solar photovoltaic (PV) projects in Saudi Arabia with a total combined capacity of 4,550MW have satisfied the conditions precedent for senior loans drawdown.
The Riyadh-headquartered utility developer and its partner, Water & Electricity Holding Company (Badeel), signed the power-purchase agreements with Saudi Power Procurement Company to develop and operate the three projects in May last year.
The three projects, located in the central and…
