ACWA Power Receives Commercial Operation Certificate for Shuaa Energy 3 Project in Dubai

ACWA Power Company announced on Thursday that it received a notice on May 15, 2024, from the Shuaa Energy 3 P.S.C project company in Dubai.

According to the company, Phase C added an additional 300MW to the total project capacity. The complete plant has now achieved commercial operation with a total capacity of 900MW.

ACWA Power confirmed that it owns a 24% stake in the Shuaa Energy 3 project. The company expects the financial impact to be reflected in Q3 2024.