Logo design of ACWA Power Co.
ACWA Power Co.gotten on Jan. 3 the business operation certificate from the Saudi Power Procurement Co. (SPPC) for the 3rd and last stage of the Sudair Solar Photovoltaic (PV) job.
In a declaration to TadawulACWA Power mentioned that stage 3 consists of 25% of the overall job capability, including that the total plant accomplishes industrial operation with an overall capability of 1,500 megawatts.
The business anticipates the pertinent monetary effect to appear in Q1 2024.
ACWA Power owns a 35% stake in Sudair Solar PV, according to Argaam‘s information.