The report highlights the company's achievement of a record-breaking 12 financial closes in 2023, totaling SAR 59 billion in investment. The company's renewable energy capacity reached 44.5% of its total power capacity, including three mega-scale PV projects with a total capacity of more than 4.5 GW from within the PIF renewable pipeline, four wind and three PV projects in Uzbekistan with a total capacity of 2.5 GW, and one 150 MW PV project in South Africa. The company also inaugurated the 950 MW Noor Energy 1 hybrid CSP/PV solar plant in the UAE and broke ground on the first phase of a 3,000 tonne/year green hydrogen project in Uzbekistan.
Issuing Company ACWA Power Company
Report Type Integrated Report
Report Language EN
Report Filesize 38 MB
No. of Pages 178 pages
Reporting periodJanuary 1, 2023-December 31, 2023
Report EditionUnknown
Assurance Provider KPMG Professional Services
Reporting Standards GRI; SASB; TCFD; others
Materiality Assessmenttrue
