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FINANCIAL NEWS
ACWA Power to attract Saudi power, water sector’s growth
16 Jan 2017
(MENAFN) ACWA Power, a pioneering developer, investor and operator of a power generation and desalinated water production plants will co-op in WFES Summit 2017.
Under the Saudi Vision 2030, the kingdom will invest outside upstream oil and gas industries, growing the competitiveness of the power and water industries and cutting energy usage.
Accordingly, the kingdom is moving into renewable energy to pump greater longevity, affordability and accessibility into the power and water industries.
In addition, renewable energy can almost offer 40 percent of elect in KSA and there are many ways to achieve this.
M
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