ACWA Power announces its entry into Chinese market by securing more than 1 gigawatt of renewable energy projects

ACWA Power announced its successful entry into the Chinese market by securing a portfolio of more than 1 gigawatt of renewable energy projects in partnership with leading Chinese companies in this field.

According to the company’s statement on “Tadawul”, this portfolio consists of several solar photovoltaic and wind energy projects in several provinces in China. It added that it is in the final stages of completing these investments, which will be wholly or partially owned by it with other partners.

It indicated that the official entry into the Chinese energy market represents a significant step in the company’s journey, lays a solid foundation and contributes to supporting its plans for future expansion.