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Saudi Arabia’s ACWA Power has agreed a pair of memorandums of understanding in Jakarta that could channel as much as USD 10 billion into Indonesia’s low-carbon economy over the next decade. The headline deal, struck with newly formed sovereign wealth fund Badan Pengelola Investasi Daya Anagata Nusantara (Danantara Indonesia), sets out a broad framework for joint investment in solar and wind generation, combined-cycle gas turbines, green-hydrogen production and large-scale water-desalination plants.  A second MoU teams ACWA Power with state-energy major PT Pertamina to co-develop up to 500 MW of renewable and gas-to-power facilities, bid for upcoming electricity tenders and collaborate on hydrogen projects and long-term operations-and-maintenance services. Together, the agreements deepen ACWA Power’s presence in Southeast Asia and mark Danantara’s first marquee partnership since the fund was launched earlier this year to accelerate strategic infrastructure investment. “These partnerships demonstrate our commitment to Indonesia’s energy and water security goals,” said ACWA Power vice-chairman Raad Al Saady, adding that the company would leverage its global project-finance muscle and desalination expertise to fast-track delivery. Danantara chief executive Rosan Perkasa Roeslani called the alliance “a significant step in positioning Indonesia as a key player in the global energy transition,” noting the influx of foreign capital and technology it will unlock. For Jakarta, the accords arrive at a pivotal moment. The government wants renewables to supply 34 % of the national power mix by 2034 and 87 % by 2060—targets that require tens of billions of dollars and substantial grid upgrades across the archipelago. The prospective ACWA Power pipeline could deliver a sizeable slice of the needed capacity while adding flexible hydrogen and desalination assets that bolster water and energy resilience.    ACWA Power already operates or is building projects in 16 countries, from Morocco’s Noor CSP complex to giga-scale hydrogen in Saudi Arabia’s Neom. The Indonesian push follows similar USD 10 billion frameworks the company signed this year in Malaysia and Vietnam, underscoring its strategy of pairing large-renewable portfolios with hydrogen and water infrastructure in high-growth markets. 

The final demo system will certainly be a 2 MWel power plant constructed in Saudi Arabia combining two appealing modern technologies associated for the first time to

of 2026, the German manufacturer said last week. Being mounted in Oxagon, in Saudi Arabia's northwestern district of Tabuk, the facility will can producing 600 tonnes

Saudi Arabian power generator and also RE player ACWA Power Firm has actually introduced that it has actually authorized a Memorandum of Understanding to finance

enhance perovskite solar cells efficiency. In February 2022, researchers in Saudi Arabia reported the "first ever" successful damp-heat test of perovskite solar cells

HZB held the world record with 32.5%, before KAUST Photovoltaics Laboratory in Saudi Arabia demonstrated a perovskite silicon tandem cell with 33.2% and eventually

engineering at the King Abdullah University of Science and Innovation (KAUST), Saudi Arabia. Called WEC2P, the device is composed of a solar photovoltaic or pv panel

solar generation, energy performance and street lights in the UAE and also Saudi Arabia. Under the terms, Emerge will fund, design, build and operate the solar park

underwrite ACWA Power solar projects consisting of the 300MW Sakaka plant in Saudi Arabia as well as the 900MW fifth stage of the Mohammed container Rashid Al Maktoum

modules will certainly be utilized at the 400-MW DC Rabigh Solar project in Saudi Arabia under a deal protected previously in

the company is continuing its work on the Neom green hydrogen project in Saudi Arabia and other projects in Canada and Louisiana, despite broader industry

A unit of Egyptian energy business TAQA Arabia has actually placed a 20-MW solar farm right into operation in Sharm El-Sheikh as the Red Sea resort is preparing to host the COP 27 Summit in November.

and Egypt. The plans consist of the King Salman Bridge that will connect Saudi Arabia and Egypt. Riyadh and Cairo accepted develop a causeway linking the 2

of energy large Aramco, on a future green solar wafer production facility in Saudi Arabia. The collaboration will entail participation from Aramco Ventures' USD 1.5

wind park in Tafila Governorate under a joint venture with Xenel Industries of Saudi Arabia. The UAE company stated it anticipates to accomplish monetary close