APICORP and ACWA Power have signed a five-year Shariah-compliant corporate facility, worth US$125mn, to support ACWA Power?s future growth pipeline
Renewables
ACWA Power signs three agreements for wind power project in Azerbaijan
Following the signing of the implementation agreement for the US$300mn independent power project in January 2020, ACWA Power has executed the official agreements for the 240MW wind power project that will be located in the Absheron and Khizi regions
Yingli delivers its N-Type bifacial modules to PV power station in Oman
Yingli Energy (China) has delivered 117MW of its PANDA N-type bifacial high-efficiency modules to Omans largest bifacial PV power station in the Middle East, the Ibri-2 project
EDF Renewables and Jinko Power consortium reaches financial closing Abu Dhabi solar project
The consortium of French EDF Group subsidiary EDF Renewables and Chinese Jinko Power HK, subsidiary of Jinko Power Technology Co Ltd have successfully reached the financial closing for the two gigawatts Al Dhafra PV2 solar project in Abu Dhabi, UAE