ACWA Power Saudi Arabia reviews its role as an accelerator for...

ACWA Power Saudi Arabia reviews its role as an accelerator for the energy sector transformation in WETEX 2020

Via a virtual platform for a technology fair in


Tuesday – 10 Rabi ‘Al-Awal 1442 AH – October 27, 2020 AD Issue No. [
15309]

Dubai: «Middle East»

Saudi “ACWA Power” reviews its portfolio of projects in the field of renewable energy and water desalination. As part of its participation in the twenty-second session of the Water, Energy and Environmental Technology Exhibition (WETEX 2020), which is held this year.
In contrast to its previous sessions, WETEX 2020 will be held virtually via the Internet, and will be the first three-dimensional and carbon-neutral exhibition in the sectors of water, energy, sustainability and innovation in the Middle East and Africa.
Through a three-dimensional virtual interactive platform, ACWA Power displays this year its portfolio of projects that have set records, and played a pivotal role in reducing renewable energy tariffs and providing new opportunities in energy efficiency and water production.
The most prominent projects that will be exhibited at the “ACWA Power” pavilion at the exhibition include the “Shuaa Energy 1” project (the second phase of the Solar Energy Complex), “Noor Energy 1” (the fourth phase of the complex), and the “Shuaa Energy 3” project. Which is the latest project won by ACWA Power within the fifth phase of the complex, in addition to the Umm Al Quwain Independent Water Desalination Project and the Al Taweelah desalination project, which is the largest desalination project in the world.
Mohammed Abu Nayan, Chairman of the Board of Directors of ACWA Power, said: As it comes in the wake of the worsening economic impacts resulting from the spread of the (Covid-19) pandemic around the world; This has prompted innovation to be placed on the top of the currently required priorities as a key key to stimulating economic growth in the post-crisis era. The exhibition is also an ideal platform for stakeholders, governments and like-minded companies to converge, looking to explore and exchange insights on smart technologies and innovative electricity generation solutions to build a prosperous future led by cooperation. ”
“ACWA Power” is participating in three important seminars during the exhibition “WETEX 2020”, where Paddy Padmanathan, CEO of “ACWA Power”, will be the main guest at a round table of chief executives that includes Turki Al Shehri, CEO of the Saudi “ENGIE” company, And Bekesh Ujra, CEO of Sterling & Wilson; This is to discuss the challenges posed by the spread of the new Corona epidemic and how to prepare for the post-“Covid-19” world.
Abla Adas, Director of Business Development at ACWA Power, will hold a seminar on the challenges and opportunities related to “energy efficiency, sustainability and conservation” after the tremendous impact of the complete closure period imposed by the conditions of the new Corona epidemic crisis on the environment, while Dr. Andrea is managing Lovato, Vice President and Head of Renewable Energy Development at ACWA Power, an important panel discussion on the potential of green hydrogen as a cleaner alternative to fossil fuels.

Economy

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