ACWA Power Aims to Invest $50 Billion in Clean Energy Projects in China by 2030

The investment will cover renewable energy, green hydrogen and water desalination projects

December 6, 2024

/ Baset Asaba
/ Finance and M&A, Renewable Energy, Solar
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Saudi Arabia-based energy company ACWA Power plans to invest up to $50 billion in renewable energy projects in China by 2030. The company aims to collaborate with Chinese state-owned enterprises to acquire clean energy assets totaling up to 20 GW and produce one million tons of green hydrogen.

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Baset Asaba

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