At the end of December 2024,Saudi Arabia utility giant ACWA Power announced a major milestone - successfully entering the Chinese market and investing in over 1 gigawatt (GW) of renewable energy projects. This significant progress not only marks the official layout of ACWA Power in China's renewable energy sector, but also lays a solid foundation for its future development in one of the world's largest clean energy markets.

ACWA Power's investment portfolio in China covers solar photovoltaic and wind energy projects. These projects will be jointly owned by ACWA Power and China's leading renewable energy companies, aiming to jointly promote the vigorous development of China's renewable energy industry.

ACWA Power's successful entry into the Chinese market not only demonstrates its strong strength and strategic vision in the global energy market, but also reflects the further deepening of cooperation between China and Saudi Arabia in the energy field. This cooperation not only helps promote China's energy transition and sustainable development, but also provides new opportunities for ACWA Power to expand in the global clean energy market.(This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website strategy column editor/Miao Ting