ACWA Power Company announces the partial Commercial Operation of ArRass2 PV IPP located in Qassim Region, Saudi Arabia
| Element List | Explanation |
|---|---|
| Announcement Detail | ACWA Power Company announces that it has received on the 20th of August 2025 a notice from the project company “Nawwar Renewable Energy Company” located in Qassim Region, Saudi Arabia, stating that it has been granted the Initial Commercial Operation Certificate for a capacity of 1,000 MW out of the total project capacity (2,000MW).
ACWA Power owns 50.1% stake in ArRass2 PV project. The Company expects the financial impact to be reflected in H2 2025. |
Comments