Its role Owner
ACWA Power is a Saudi-based developer, investor, and operator of power generation and desalinated water plants. Headquartered in Riyadh and listed on the Saudi Exchange, the company structures and manages long-term offtake contracts with government and industrial customers across the Middle East, Africa, and Asia.
Its portfolio spans renewable and conventional power assets—including solar PV, concentrated solar power (CSP), wind, and gas-fired generation—alongside large-scale seawater desalination using reverse osmosis and thermal technologies. ACWA Power also develops projects in green hydrogen and green ammonia in partnership with industrial stakeholders. The company’s assets supply electricity and water to national grids, urban centers, and energy- and water-intensive industries such as petrochemicals and fertilizers.
chemXplore tracks 1 project involving ACWA Power, of which one is active.
Three MOUs with Saudi industrial partners target desalination efficiency, mining water and waste reuse, and decarbonisation of LPG storage, with potential CO2 savings of 500,000 t/yr.
GAAP operating loss driven by ~$2.9B pre-tax project-exit charges; adjusted EPS $3.47 beat guidance. Company raises FY26 adjusted EPS outlook and sets capex ≈ $3.5B.
Topsoe's technology will enable green ammonia production in Saudi Arabia, reducing CO2 emissions by 1.7 million tons annually, with operations expected to start in 2030.
Topsoe's technology will enable green ammonia production in Saudi Arabia, reducing CO2 emissions by 1.7 million tons annually, with operations expected to start in 2030.
The project will generate 1,000 MW of solar power and 1,336 MWh of storage, supporting Uzbekistan's energy transition with a 25-year power purchase agreement. Completion is expected post-2027.
active all projects
