ACWA Power assets
No. of Assets | Total Investment Cost (USD million) | Total Investment Cost (3 million) | Contracted Power (MW) | Contracted Water ('000 m3/ day) | Contracted Green Hydrogen (Ktons/annum) | BESS MWh (Gross) | Operational capacity (MW) | Operational Capacity ('000 m3/ day) | Under construction capacity (MW) | Under construction capacity ('000 m3/ day) | |
---|---|---|---|---|---|---|---|---|---|---|---|
Total operational assets | 52 | 52,515 | 196,932 | 33,238 | 5,594 | ‑ | 73 | 33,238 | 5,594 | ‑ | ‑ |
Total assets under construction & partially operational | 24 | 29,190 | 109,462 | 23,606 | 2,051 | 223 | 2,598 | 800 | ‑ | 22,806 | 2,051 |
Total assets in the advanced development | 18 | 15,482 | 58,056 | 12,390 | 410 | ‑ | 2,654 | ‑ | ‑ | ‑ | ‑ |
Grand total portfolio | 94 | 97,187 | 364,450 | 69,234 | 8,054 | 223 | 5,325 | 34,038 | 5,594 | 22,806 | 2,051 |
Additions during 2024 | 13 | 12,448 | 46,679 | 14,163 | 410 | ‑ | ‑1,193 | 4,041 | 76 | 6,874 | 742 |
Fully operational assets
Project Name | Country | No. of Assets | Total Investment Cost (3 million) | ACWA Power Effective ShareACWA Power’s effective share as at 31 December 2024. | PowerAdvanced development projects represent projects that have signed purchase agreements or have been officially awarded to ACWA Power. These projects are subject to financial close and the information disclosed in the table may be subject to change. (MW) | WaterAdvanced development projects represent projects that have signed purchase agreements or have been officially awarded to ACWA Power. These projects are subject to financial close and the information disclosed in the table may be subject to change. ('000 m3/day) | Green HydrogenAdvanced development projects represent projects that have signed purchase agreements or have been officially awarded to ACWA Power. These projects are subject to financial close and the information disclosed in the table may be subject to change. (Ktons/ annum) | BESS MWh (Gross) | Operational capacityContracted capacity. | Contract | Technology | PCOD (Actual / Expected)/Status | Control (EAI/SUB)Operational capacity includes fully operational projects and under‑construction projects' capacity that has achieved partial commercial operations. | Accounting | Offtaker | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
(MW) | ('000 m3/day) | |||||||||||||||
Shuaibah IWPP | KSA | 1 | 9,188 | 30.00% | 900 | 880 | ‑ | ‑ | 900 | 880 | PWPA–BOO–20 YR | MSF | Q1 2010 | EAI | Finance lease | Saudi Water Partnership Co. (SWPC) |
Shuaibah Expansion IWP | KSA | 1 | 874 | 30.00% | ‑ | 150 | ‑ | ‑ | ‑ | 150 | WPA–BOO‑20 YR | SWRO | Q4 2009 | EAI | Operating lease | Saudi Water Partnership Co. (SWPC) |
Petro‑Rabigh IWSPP | KSA | 1 | 4,466 | 69.00% | 360 | 134 | ‑ | ‑ | 360 | 134 | WECA–BOO–25 YR | SWRO | Q2 2008 | SUB | Operating lease | Petro‑Rabigh Petrochemical Complex (PRC) |
Petro‑Rabigh (Phase 2) IWSPP | KSA | 0 | 3,689 | 69.00% | 160 | 54 | ‑ | ‑ | 160 | 54 | WECA‑BOO‑25 YR | SWRO | Q1 2018 | SUB | Operating lease | Petro‑Rabigh Petrochemical Complex (PRC) |
Marafiq IWPP | KSA | 1 | 11,561 | 20.00% | 2,744 | 800 | ‑ | ‑ | 2,744 | 800 | PWPA–BOOT–20 YR | MED | Q4 2010 | EAI | Finance lease | Tawreed (a subsidiary of Marafiq) |
Rabigh IPP | KSA | 1 | 9,398 | 40.00% | 1,204 | ‑ | ‑ | ‑ | 1,204 | ‑ | PPA–BOO–20 YR | Oil | Q2 2013 | EAI | Operating lease | Saudi Electricity Company (SEC) |
Barka 1 IWPP | Oman | 1 | 1,556 | 41.91% | 427 | 91 | ‑ | ‑ | 427 | 91 | PWPA‑BOO‑9 YR | MSF | Operational when acquired, Acquisition Aug 2010 | SUB | Operating lease | Oman Power and Water Procurement Co. (OPWP) |
CEGCO Assets | Jordan | 1 | 1,759 | 40.93% | 366 | ‑ | ‑ | ‑ | 366 | ‑ | PPA‑BOO‑15 YR | Natural Gas | Operational when acquired, Acquisition July 2011 | SUB | Operating lease | National Electric Power Company (NEPCO) |
Hajr IPP | KSA | 1 | 10,219 | 22.49% | 3,927 | ‑ | ‑ | ‑ | 3,927 | ‑ | PPA–BOO–20 YR | Natural Gas | Q1 2015 | EAI | Operating lease | Saudi Electricity Company (SEC) |
Barka 1 Expansion IWP | Oman | 1 | 199 | 41.91% | ‑ | 45 | ‑ | ‑ | ‑ | 45 | WPA‑BOO‑8.2 YR | SWRO | Q2 2014 | SUB | Operating lease | Oman Power and Water Procurement Co. (OPWP) |
Noor I CSP IPP | Morocco | 1 | 3,153 | 73.13% | 160 | ‑ | ‑ | ‑ | 160 | ‑ | PPA‑BOOT‑25 YR | CSP ‑ Parabolic | Q1 2016 | SUB | Finance lease | Moroccan Agency for Solar Energy |
Bokpoort CSP IPP | South Africa | 1 | 1,939 | 20.40% | 50 | ‑ | ‑ | ‑ | 50 | ‑ | PPA‑BOO‑20 YR | CSP ‑ Parabolic | Q1 2016 | EAI | Operating lease | Eskom Holdings |
Rabigh 2 IPP | KSA | 1 | 5,854 | 50.00% | 2,060 | ‑ | ‑ | ‑ | 2,060 | ‑ | PPA‑BOO‑20 YR | Natural Gas | Q1 2018 | EAI | Operating lease | Saudi Electricity Company (SEC) |
Kirikkale CCGT IPP | Turkey | 1 | 3,488 | 69.60% | 950 | ‑ | ‑ | ‑ | 950 | ‑ | Merchant market | Natural Gas | Q3 2017 | EAI | Operating lease | NA (Merchant market) |
Khalladi Wind IPP | Morocco | 1 | 655 | 26.01% | 120 | ‑ | ‑ | ‑ | 120 | ‑ | PPA‑BOO‑20 YR | Wind | Q2 2018 | EAI | Operating lease | Industrial companies (captive PPAs) |
Barka 1 Phase II Expansion IWP | Oman | 1 | 298 | 41.91% | ‑ | 57 | ‑ | ‑ | ‑ | 57 | WPA‑BOO‑4.25 YR | SWRO | Q1 2016 | SUB | Operating lease | Oman Power and Water Procurement Co. (OPWP) |
Noor II CSP IPP | Morocco | 1 | 4,125 | 75.00% | 200 | ‑ | ‑ | ‑ | 200 | ‑ | PPA‑BOOT‑25 YR | CSP ‑ Parabolic | Q2 2018 | SUB | Finance lease | Moroccan Agency for Solar Energy |
Noor III CSP IPP | Morocco | 1 | 3,233 | 75.00% | 150 | ‑ | ‑ | ‑ | 150 | ‑ | PPA‑BOOT‑25 YR | CSP ‑ Tower | Q4 2018 | SUB | Finance lease | Moroccan Agency for Solar Energy |
Shuaa Energy PV IPP | UAE | 1 | 1,222 | 24.99% | 200 | ‑ | ‑ | ‑ | 200 | ‑ | PPA‑BOO‑25 YR | PV | Q1 2017 | EAI | Finance lease | Dubai Electricity and Water Authority (DEWA) |
Salalah 2 IPP ‑ Existing | Oman | 1 | 629 | 27.00% | 273 | ‑ | ‑ | ‑ | 273 | ‑ | PPA‑BOO‑15 YR | Natural Gas | Operational when acquired, Acquisition Q2 2015 | EAI | Finance lease | Oman Power and Water Procurement Co. (OPWP) |
Salalah 2 IPP ‑ Greenfield | Oman | 1 | 1,687 | 27.00% | 445 | ‑ | ‑ | ‑ | 445 | ‑ | PPA‑BOO‑15 YR | Natural Gas | Q1 2018 | EAI | Operating lease | Oman Power and Water Procurement Co. (OPWP) |
Hassyan IPP | UAE | 1 | 12,140 | 26.95% | 2,400 | ‑ | ‑ | ‑ | 2,400 | ‑ | PPA‑BOO‑25 YR | Natural Gas | 45214 | EAI | Finance lease | Dubai Electricity and Water Authority (DEWA) |
Ibri IPP | Oman | 1 | 3,683 | 44.90% | 1,509 | ‑ | ‑ | ‑ | 1,509 | ‑ | PPA‑BOO‑15 YR | Natural Gas | Q2 2019 | EAI | Operating lease | Oman Power and Water Procurement Co. (OPWP) |
Sohar 3 IPP | Oman | 1 | 3,686 | 44.90% | 1,710 | ‑ | ‑ | ‑ | 1,710 | ‑ | PPA‑BOO‑15 YR | Natural Gas | Q2 2019 | SUB | Operating lease | Oman Power and Water Procurement Co. (OPWP) |
Zarqa IPP | Jordan | 1 | 1,834 | 60.00% | 485 | ‑ | ‑ | ‑ | 485 | ‑ | PPA‑BOO‑25 YR | Natural Gas | Q3 2018 | SUB | Operating lease | National Electric Power Company (NEPCO) |
NOOR PV1 IPP | Morocco | 3 | 788 | 75.00% | 135 | ‑ | ‑ | ‑ | 135 | ‑ | PPA–BOT–20 YR | PV | Q4 2018 | EAI | Finance lease | Moroccan Agency for Solar Energy |
Mafraq PV IPP | Jordan | 1 | 265 | 51.00% | 50 | ‑ | ‑ | ‑ | 50 | ‑ | PPA‑BOO‑20 YR | PV | Q4 2018 | SUB | Operating lease | National Electric Power Company (NEPCO) |
Shuaibah 2 IWP | KSA | 1 | 1,155 | 100.00% | ‑ | 250 | ‑ | ‑ | ‑ | 250 | WPA‑BOO‑25 YR | SWRO | Q2 2019 | EAI | Operating lease | Saudi Water Partnership Co. (SWPC) |
Risha PV IPP | Jordan | 1 | 254 | 51.00% | 50 | ‑ | ‑ | ‑ | 50 | ‑ | PPA‑BOO‑20 YR | PV | Q4 2019 | EAI | Operating lease | National Electric Power Company (NEPCO) |
BenBan 1 | Egypt | 1 | 281 | 32.81% | 50 | ‑ | ‑ | ‑ | 50 | ‑ | PPA‑BOO‑25 YR | PV | Q3 2019 | EAI | Operating lease | Egyptian Electricity Transmission Company (EETC) |
Ben Ban 2 | Egypt | 1 | 300 | 32.81% | 50 | ‑ | ‑ | ‑ | 50 | ‑ | PPA‑BOO‑25 YR | PV | Q3 2019 | EAI | Operating lease | Egyptian Electricity Transmission Company (EETC) |
Ben Ban 3 | Egypt | 1 | 113 | 18.05% | 20 | ‑ | ‑ | ‑ | 20 | ‑ | PPA‑BOO‑25 YR | PV | Q3 2019 | EAI | Operating lease | Egyptian Electricity Transmission Company (EETC) |
Salalah IWP | Oman | 1 | 600 | 50.10% | ‑ | 114 | ‑ | ‑ | ‑ | 114 | WPA‑BOO‑20 YR | SWRO | Q1 2011 | SUB | Operating lease | Oman Power and Water Procurement Co. (OPWP) |
Sakaka PV IPP | KSA | 1 | 1,133 | 70.00% | 300 | ‑ | ‑ | ‑ | 300 | ‑ | PPA–BOO–25 YR | PV | Q2 2020 | EAI | Finance lease | Saudi Power Procurement Company (SPPC) |
Rabigh 3 IWP | KSA | 1 | 2,576 | 70.00% | ‑ | 600 | ‑ | ‑ | ‑ | 600 | PWPA–BOO–25 YR | SWRO | Q4 2021 | EAI | Finance lease | Saudi Water Partnership Co. (SWPC) |
Al Dur Phase II IWPP | Bahrain | 1 | 4,125 | 60.00% | 1,500 | 227 | ‑ | ‑ | 1,500 | 227 | PWPA–BOO–20 YR | SWRO | Q2 2022 | EAI | Operating lease | Electricity and Water Authority (Bahrain) |
Taweelah IWP | UAE | 1 | 3,278 | 40.00% | ‑ | 909 | ‑ | ‑ | ‑ | 909 | WPA–BOO–30 YR | SWRO | Q1 2024 | EAI | Finance lease | Emirates Water and Electricity Company (EWEC) |
UAQ IWP | UAE | 1 | 2,988 | 40.00% | ‑ | 682 | ‑ | ‑ | ‑ | 682 | PPA–BOOT–35 YR | SWRO | Q3 2022 | EAI | Finance lease | Etihad Water and Electricity (EWE) |
Ibri 2 PV IPP | Oman | 1 | 1,481 | 50.00% | 500 | ‑ | ‑ | ‑ | 500 | ‑ | PPA‑BOO‑15 | PV | Q3 2021 | EAI | Operating lease | Oman Power and Water Procurement Co. (OPWP) |
Jazlah IWP | KSA | 1 | 2,468 | 40.20% | ‑ | 600 | ‑ | ‑ | ‑ | 600 | WPA‑BOO‑25 YR | SWRO | Q1 2023 | EAI | Finance lease | Saudi Water Partnership Co. (SWPC) |
DEWA V PV | UAE | 1 | 2,108 | 24.90% | 900 | ‑ | ‑ | ‑ | 900 | ‑ | PPA‑BOO‑25 YR | PV | Q4 2023 | EAI | Operating lease | Dubai Electricity and Water Authority (DEWA) |
Kom Ombo | Egypt | 1 | 611 | 100.00% | 200 | ‑ | ‑ | ‑ | 200 | ‑ | PPA‑BOO‑25 YR | PV | Q2 2024 | SUB | Operating lease | Egyptian Electricity Transmission Company (EETC) |
Sudair PV IPP | KSA | 1 | 3,465 | 35.00% | 1,500 | ‑ | ‑ | ‑ | 1,500 | ‑ | PPA‑BOO‑25 YR | PV | Q4 2024 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) |
Jazan IGCC | KSA | 1 | 45,000 | 25.00% | 3,800 | ‑ | ‑ | ‑ | 3,800 | ‑ | PSA‑OOT‑25 YR | Oil | Q3 2021 | EAI | Financing | ARAMCO |
Noor Energy 1 | UAE | 1 | 17,145 | 24.99% | 950 | ‑ | ‑ | ‑ | 950 | ‑ | PPA‑BOO‑35 YR | CSP | Q1 2024 | EAI | Operating lease | Dubai Electricity and Water Authority (DEWA) |
Mingyang 1&2 Wind | China | 1 | 413 | 80.00% | 100 | ‑ | ‑ | 60 | 100 | ‑ | PPA‑BOO‑20 YR | Wind | Q4 2024 | EAI | ||
Sungrow 3 Solar | China | 3 | 356 | 85.00% | 133 | ‑ | ‑ | 13 | 133 | ‑ | PPA‑BOO‑30 YR | PV | Q4 2024 | EAI | ||
Sirdarya CCGT IPP | Uzbekistan | 1 | 3,814 | 51.00% | 1,500 | ‑ | ‑ | ‑ | 1,500 | ‑ | PPA‑BOOT‑25 YR | Natural Gas | Q4 2024 | EAI | Finance lease | National Electric Grid of Uzbekistan (NEGU) |
Ar Rass PV IPP | KSA | 1 | 1,688 | 40.10% | 700 | ‑ | ‑ | ‑ | 700 | ‑ | PPA‑BOO‑25 YR | PV | Q3 2024 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) |
Total | 52 | 196,932 | 33,238 | 5,594 | 0 | 73 | 33,238 | 5,594 |
Under construction & partially operational assets
Project Name | Country | No. of Assets | Total Investment Cost (3 million) | ACWA Power Effective ShareACWA Power’s effective share as at 31 December 2024. | PowerAdvanced development projects represent projects that have signed purchase agreements or have been officially awarded to ACWA Power. These projects are subject to financial close and the information disclosed in the table may be subject to change. (MW) | WaterAdvanced development projects represent projects that have signed purchase agreements or have been officially awarded to ACWA Power. These projects are subject to financial close and the information disclosed in the table may be subject to change. ('000 m3/day) | Green HydrogenAdvanced development projects represent projects that have signed purchase agreements or have been officially awarded to ACWA Power. These projects are subject to financial close and the information disclosed in the table may be subject to change. (Ktons/annum) | BESS MWh (Gross) | Operational capacityContracted capacity. | Under construction capacity | Contract | Technology | PCOD (Actual / Expected)/Status | Control (EAI/SUB)Operational capacity includes fully operational projects and under‑construction projects' capacity that has achieved partial commercial operations. | Accounting | Offtaker | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
(MW) | ('000 m3/day) | (MW) | ('000 m3/day) | |||||||||||||||
Redstone CSP IPP | South Africa | 1 | 2,715 | 36.00% | 100 | ‑ | ‑ | ‑ | ‑ | 100 | ‑ | PPA‑BOO‑20 YR | CSP ‑ Tower | Q4 2024 | EAI | Operating lease | Eskom Holdings | |
The Red Sea Project | KSA | 1 | 5,966 | 50.00% | 340 | 33 | ‑ | 1,228 | ‑ | ‑ | 340 | 33 | 25 YR | PV, BESS, ICE, RO, district cooling | Q1 2025 | EAI | Finance lease | The Red Sea Development Company (TRSDC) |
Shuaibah 3 IWP | KSA | 1 | 3,113 | 47.48% | ‑ | 600 | ‑ | ‑ | ‑ | ‑ | 600 | WPA‑BOO‑25 YR | SWRO | Q2 2025 | EAI | Finance lease | Saudi Water Partnership Co. (SWPC) | |
Bash Wind IPP | Uzbekistan | 1 | 2,588 | 65.00% | 500 | ‑ | ‑ | ‑ | ‑ | 500 | ‑ | PPA‑BOOT‑25 YR | Wind | Q1 2025 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) | |
Dzhankeldy Wind IPP | Uzbekistan | 1 | 2,468 | 65.00% | 500 | ‑ | ‑ | ‑ | ‑ | 500 | ‑ | PPA‑BOOT‑25 YR | Wind | Q1 2025 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) | |
Neom Green Hydrogen | KSA | 1 | 31,875 | 33.33% | 3,883 | ‑ | 220 | 600 | ‑ | ‑ | 3,883 | ‑ | APA‑BOO‑30 YR | PV+Wind | 2027 | EAI | Operating lease | Air Products |
Karatau Wind IPP | Uzbekistan | 1 | 439 | 100.00% | 100 | ‑ | ‑ | ‑ | ‑ | 100 | ‑ | PPA‑BOOT‑25 YR | Wind | Q1 2025 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) | |
Shuaibah 1&2 PV IPP | KSA | 2 | 8,250 | 35.01% | 2,631 | ‑ | ‑ | 600 | ‑ | 2,031 | ‑ | PPA‑BOO‑35 YR | PV | Q4 2025 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) | |
Laylaa PV IPP | KSA | 1 | 400 | 40.10% | 80 | ‑ | ‑ | ‑ | ‑ | 80 | ‑ | PPA‑BOO‑30 YR | PV | Q1 2025 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) | |
Rabigh 4 IWP | KSA | 1 | 2,516 | 45.00% | ‑ | 600 | ‑ | ‑ | ‑ | ‑ | 600 | WPA‑BOO‑25 YR | SWRO | Q1 2026 | EAI | Finance lease | Saudi Water Partnership Co. (SWPC) | |
Azerbaijan Wind IPP | Azerbaijan | 1 | 1,073 | 100.00% | 240 | ‑ | ‑ | ‑ | ‑ | 240 | ‑ | PPA‑BOO‑20 YR | Wind | Q4 2025 | SUB | Operating lease | Azerenerji OJSC | |
Ar Rass 2 PV IPP | KSA | 1 | 5,299 | 50.10% | 2,000 | ‑ | ‑ | ‑ | ‑ | 2,000 | ‑ | PPA‑BOO‑35 YR | PV | Q4 2025 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) | |
Saad 2 PV IPP | KSA | 1 | 3,000 | 50.10% | 1,125 | ‑ | ‑ | ‑ | ‑ | 1,125 | ‑ | PPA‑BOO‑35 YR | PV | Q4 2025 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) | |
Al Kahfah PV | KSA | 1 | 3,900 | 50.10% | 1,425 | ‑ | ‑ | ‑ | ‑ | 1,425 | ‑ | PPA‑BOO‑35 YR | PV | Q4 2025 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) | |
Hassyan IWP | UAE | 1 | 3,428 | 20.40% | ‑ | 818 | ‑ | ‑ | ‑ | ‑ | 818 | WPA‑BOO‑30 YR | SWRO | 46428,0 | EAI | Finance lease | Dubai Electricity and Water Authority (DEWA) | |
Taibah 1 IPP | KSA | 1 | 6,675 | 40.00% | 1,934 | ‑ | ‑ | ‑ | ‑ | 1,934 | ‑ | PPA‑BOO‑25 YR | CCGT | Q2 2027 | EAI | Finance lease | Saudi Power Procurement Company (SPPC) | |
Qassim 1 IPP | KSA | 1 | 6,619 | 40.00% | 1,896 | ‑ | ‑ | ‑ | ‑ | 1,896 | ‑ | PPA‑BOO‑25 YR | CCGT | Q2 2027 | EAI | Finance lease | Saudi Power Procurement Company (SPPC) | |
Riverside Solar | Uzbekistan | 1 | 2,381 | 100.00% | 200 | ‑ | ‑ | 770 | 200 | ‑ | ‑ | ‑ | PPA‑BOOT‑25 YR | PV | Q3 2025 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Haden Solar PV | KSA | 1 | 4,375 | 35.10% | 2,000 | ‑ | ‑ | ‑ | ‑ | 2,000 | ‑ | PPA‑BOO‑25 YR | PV | Q1 2027 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) | |
Al‑Muwaih Solar | KSA | 1 | 4,427 | 35.10% | 2,000 | ‑ | ‑ | ‑ | ‑ | 2,000 | ‑ | PPA‑BOO‑25 YR | PV | Q1 2027 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) | |
Al‑Khushaybi PV | KSA | 1 | 3,457 | 35.10% | 1,500 | ‑ | ‑ | ‑ | ‑ | 1,500 | ‑ | PPA‑BOO‑25 YR | PV | Q1 2027 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) | |
Uzbekistan GH2 | Uzbekistan | 1 | 375 | 80.00% | 52 | ‑ | 3 | ‑ | ‑ | 52 | ‑ | HPA‑BOO‑15 years PPA‑ BOO‑25 years | Wind | Q1 2025 | SUB | Operating lease | UZKIMYOIMPEKS LLC | |
Suez Wind | Egypt | 1 | 4,125 | 100.00% | 1,100 | ‑ | ‑ | ‑ | ‑ | ‑ | 1,100 | ‑ | PPA‑BOO‑25 YR | Wind | Q4 2026 | SUB | Operating lease | Egyptian Electricity Transmission Company (EETC) |
Total | 24 | 109,462 | 23,606 | 2,051 | 223 | 2,598 | 800 | 0 | 22,806 | 2,051 |
Advanced development
Project Name | Country | No. of Assets | Total Investment Cost (3 million) | ACWA Power Effective ShareACWA Power’s effective share as at 31 December 2024. | | | Green HydrogenAdvanced development projects represent projects that have signed purchase agreements or have been officially awarded to ACWA Power. These projects are subject to financial close and the information disclosed in the table may be subject to change. (Ktons/annum) | BESS MWh (Gross) | Contract | Technology | PCOD (Actual / Expected)/Status | Control (EAI/SUB)Operational capacity includes fully operational projects and under‑construction projects' capacity that has achieved partial commercial operations. | Accounting | Offtaker |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Kungrad 1 Wind IPP | Uzbekistan | 1 | 3,998 | 51.00% | 500 | ‑ | ‑ | 325 | PPA‑BOOT‑25 YR | Wind | Q2 2028 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Kungrad 2 Wind IPP | Uzbekistan | 1 | 2,501 | 51.00% | 500 | ‑ | ‑ | 325 | PPA‑BOOT‑25 YR | Wind | Q2 2028 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Kungrad 3 Wind IPP | Uzbekistan | 1 | 2,501 | 51.00% | 500 | ‑ | ‑ | 325 | PPA‑BOOT‑25 YR | Wind | Q2 2028 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Saguling Floating PV IPP | Indonesia | 1 | 225 | 100.00% | 60 | ‑ | ‑ | PPA‑BOO‑25 YR | PV | Q4 2026 | SUB | Operating lease | PT Perusahaan Listrik Negara (PLN) | |
Singkarak Floating PV IPP | Indonesia | 1 | 188 | 100.00% | 50 | ‑ | ‑ | PPA‑BOO‑25 YR | PV | Q4 2026 | SUB | Operating lease | PT Perusahaan Listrik Negara (PLN) | |
Sazagan Solar 1 | Uzbekistan | 1 | 2,644 | 51.00% | 500 | ‑ | ‑ | 770 | PPA‑BOOT‑25 YR | PV | Q3 2025 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Sazagan Solar 2 | Uzbekistan | 1 | 3,229 | 51.00% | 500 | ‑ | ‑ | 770 | PPA‑BOOT‑25 YR | PV | Q4 2026 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Nukus 2 Wind IPP | Uzbekistan | 1 | 985 | 100.00% | 200 | ‑ | ‑ | 139 | PPA‑BOO‑25 YR | WInd | Q2 2026 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Gijduvan Wind IPP | Uzbekistan | 1 | 1,349 | 100.00% | 300 | ‑ | ‑ | PPA‑BOO(T)‑XX YR | WInd | Q1 2027 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) | |
Kungrad 4 Wind IPP | Uzbekistan | 1 | 2,188 | 100.00% | 500 | ‑ | ‑ | PPA‑BOO(T)‑XX YR | WInd | Q2 2027 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) | |
Aral 1 Wind | Uzbekistan | 1 | 4,055 | 100.00% | 1,000 | ‑ | ‑ | ‑ | PPA‑BOO(T)‑25 YR | Wind | Q2 2031 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Aral 2 Wind | Uzbekistan | 1 | 4,055 | 100.00% | 1,000 | ‑ | ‑ | ‑ | PPA‑BOO(T)‑25 YR | Wind | Q2 2031 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Aral 3 Wind | Uzbekistan | 1 | 3,963 | 100.00% | 1,000 | ‑ | ‑ | ‑ | PPA‑BOO(T)‑25 YR | Wind | Q2 2031 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Aral 4 Wind | Uzbekistan | 1 | 3,963 | 100.00% | 1,000 | ‑ | ‑ | ‑ | PPA‑BOO(T)‑25 YR | Wind | Q2 2031 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Aral 5 Wind | Uzbekistan | 1 | 3,896 | 100.00% | 1,000 | ‑ | ‑ | ‑ | PPA‑BOO(T)‑25 YR | Wind | Q2 2031 | SUB | Operating lease | National Electric Grid of Uzbekistan (NEGU) |
Rumah 1 | KSA | 1 | 7,875 | 35.00% | 1,890 | ‑ | ‑ | ‑ | PPA‑BOO‑25 YR | CCGT | Q2 2027 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) |
Nairyah 1 | KSA | 1 | 7,875 | 35.00% | 1,890 | ‑ | ‑ | ‑ | PPA‑BOO‑25 YR | CCGT | Q2 2027 | EAI | Operating lease | Saudi Power Procurement Company (SPPC) |
Hamriyah IWP | UAE | 1 | 2,569 | 45.00% | ‑ | 410 | ‑ | ‑ | WPA‑BOO‑30 YR | SWRO | Q2 2028 | EAI | Operating lease | Sharjah Electricity, Water and Gas Authority (SEWA) |
Total | 18 | 58,056 | 12,390 | 410 | ‑ | 2,654 |