Saudi ACWA Power in Strategic Partnership Talks with Solwie Energy for Solar Investments in Turkey
سرايا -
Ankara – June 2025
Saudi Arabia-based energy giant ACWA Power has entered into talks to establish strategic partnerships with local players as part of its planned $2 billion solar energy investment in Turkey. One of the most prominent potential partners under consideration is Solwie Energy, a rapidly growing Turkish company in the renewable energy sector.
According to a report released by SDE, ACWA Power is particularly focusing on both licensed and unlicensed solar projects in regions of Turkey with high solar potential. The ongoing discussions with Solwie Energy are said to be at an advanced stage.
Although Solwie Energy has not made any official statement regarding the negotiations, company officials have signaled positively toward the possibility of a strategic alliance. Talks are reportedly centered around areas such as project development, engineering, domestic supply chains, and green hydrogen integration.
As part of its Turkey operations, ACWA Power aims to establish a solar energy portfolio exceeding 1000 MW, a move expected to contribute significantly to regional economic growth and energy supply security.
Solwie Energy CEO Samet Koç has previously emphasized the company's mission, stating: 'We are committed to being a part of the global energy transition through local expertise.' He has also underscored that Turkey should be seen not only as an investment destination but also as a hub for production and technology.
Industry sources highlight that this collaboration could support Turkey's energy independence goals while also fostering mutual trust between domestic and international investors.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Saraya News
5 hours ago
- Saraya News
Saudi ACWA Power in Strategic Partnership Talks with Solwie Energy for Solar Investments in Turkey
سرايا - Ankara – June 2025 Saudi Arabia-based energy giant ACWA Power has entered into talks to establish strategic partnerships with local players as part of its planned $2 billion solar energy investment in Turkey. One of the most prominent potential partners under consideration is Solwie Energy, a rapidly growing Turkish company in the renewable energy sector. According to a report released by SDE, ACWA Power is particularly focusing on both licensed and unlicensed solar projects in regions of Turkey with high solar potential. The ongoing discussions with Solwie Energy are said to be at an advanced stage. Although Solwie Energy has not made any official statement regarding the negotiations, company officials have signaled positively toward the possibility of a strategic alliance. Talks are reportedly centered around areas such as project development, engineering, domestic supply chains, and green hydrogen integration. As part of its Turkey operations, ACWA Power aims to establish a solar energy portfolio exceeding 1000 MW, a move expected to contribute significantly to regional economic growth and energy supply security. Solwie Energy CEO Samet Koç has previously emphasized the company's mission, stating: 'We are committed to being a part of the global energy transition through local expertise.' He has also underscored that Turkey should be seen not only as an investment destination but also as a hub for production and technology. Industry sources highlight that this collaboration could support Turkey's energy independence goals while also fostering mutual trust between domestic and international investors.
Roya News
a day ago
- Roya News
Roya Media Group, 1001 OPS announce strategic partnership to enrich regional media content
Roya Media Group, the leading Jordanian media and entertainment company, has signed a strategic content distribution agreement with 1001 OPS, a UAE-based digital media firm and the force behind the 1001 streaming platform in Iraq. This partnership marks a significant step toward enhancing digital entertainment offerings across Jordan and Iraq through an innovative content-sharing model. Under the agreement, Roya TV Platform will provide exclusive access to its premium digital channels and original productions on the 1001 platform, while 1001 will contribute its high-demand programming, including exclusive series and entertainment content from them to Roya's streaming service on platform. Fares Sayegh, CEO of Roya Media Group, commented on the announcement: "This collaboration underscores our commitment to delivering engaging, locally resonant content to our audiences. By joining forces with 1001 OPS, we're expanding our digital footprint and enabling a richer, more diverse entertainment experience for viewers across the region." As part of the arrangement, Roya's content will appear on digital platform exclusively within Iraq, ensuring compliance with territorial licensing and content security measures. The partnership highlights both Roya Media Group and 1001 OPS's dedication to innovation and collaboration in the MENA region's fast-evolving media landscape. Together, they aim to offer audiences a seamless, high-quality viewing experience enriched with cross-cultural content and regional storytelling. Roya Media Group is Jordan's leading media network, known for its award-winning TV content, cutting-edge digital platforms, and commitment to regional cultural representation.
Al Bawaba
a day ago
- Al Bawaba
SICO Capital Announces Strategic Voluntary Transition in Management of SICO Saudi REIT
SICO is a leading regional asset manager, broker, market maker, and investment bank with USD 4.5 billion in gross assets under management (AUM) and USD 4.1 billion in net AUM. Today, SICO operates under a wholesale banking license from the Central Bank of Bahrain and oversees two wholly-owned subsidiaries, an Abu Dhabi-based brokerage firm, SICO Financial Brokerage, and a specialized regional custody and fund administration house, SICO Fund Services Company (SFS), as well as a majorityowned, full-fledged capital markets services firm, SICO Capital, based in Saudi Arabia (KSA). Headquartered in the Kingdom of Bahrain with a growing regional presence in three countries, SICO has a well-established track record as a trusted regional bank offering a comprehensive suite of financial solutions, including asset management, brokerage, market making, investment banking, advisory, treasury, and custody and fund administration, backed by a robust and experienced research team that provides regional insight and analysis of more than 90% of the region's major equities.
