ACWA Power starts initial commercial ops in phase 1 of Sudair Solar PV

28/09/2023 Argaam
Logo of ACWA Power Co.

Logo of ACWA Power Co.

ACWA Power Co. received on Sept. 27 the initial commercial operation certificate from the Saudi Power Procurement Co. (SPPC) for phase 1 of the Sudair Solar Photovoltaic (PV) project in Saudi Arabia.

 

This phase represents 50% of the 1500 MW plant capacity, the company said in a Tadawul statement, adding that it owns a 35% stake in Sudair One Renewable Energy Co.

 

The company expects the relevant financial impact to appear as of Q4 2023.

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