History Of ACWA Power

Building scale at high speed since 2004

ACWA Power has been moving with speed and scale since its startup in 2004. Our people's drive, ingenuity and ambition have driven the Company to its current leadership position and to our aspiration to triple assets under management by 2030.

Tariffs reduction

Solar PV:
83 %
tariff reduction in Solar Photovoltaic (PV) over the past decade.
CSP:
61 %
tariff reduction in Concentrated Solar Power (CSP) over the past decade.
Desalinated water:
58 %
tariff reduction in water desalination in the past decade.
Power portfolio 2024 (Gross GW)
Water portfolio 2024 (million m3/day)
Projects by total investment cost 2024 (USD billion)