ACWA Power Co 2024 IR
The report highlights ACWA Power's rapid expansion in 2024, adding 14.3 GW of power capacity and 0.4 million m³/day of desalinated water capacity. The company achieved its 50% renewable energy portfolio mix target six years ahead of schedule, reaching 50.4% renewable capacity. Additionally, ACWA Power successfully completed nine financial closes totaling SR 34.6 billion and marked its entry into the Chinese market. The company also advanced its green hydrogen initiatives, with the NEOM Green Hydrogen project reaching nearly 80% completion.
Company: ACWA Power Co
Sector: Energy utilities
Country: Saudi Arabia
Year: 2024
Type: IR
Pages: 190
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ACWA Power Co
Integrated Annual Report
The report highlights ACWA Power's rapid expansion in 2024, adding 14.3 GW of power capacity and 0.4 million m³/day of desalinated water capacity. The company achieved its 50% renewable energy portfolio mix target six years ahead of schedule, reaching 50.4% renewable capacity. Additionally, ACWA Power successfully completed nine financial closes totaling SR 34.6 billion and marked its entry into the Chinese market. The company also advanced its green hydrogen initiatives, with the NEOM Green Hydrogen project reaching nearly 80% completion.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 25, 2025
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
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Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees