Latest news with #desalination
Trade Arabia
2 days ago
- Business
- Trade Arabia
SWPC celebrates Shuaiba 3 IWP project safety milestone
Saudi Water Partnership Company (SWPC) has announced that the developers of the Shuaiba 3 Independent Water Production Plant have achieved a major safety milestone by clocking 12 million safe working hours since its launch. The project is being implemented by a consortium led by Saudi utility major Acwa Power (with a 68% equity stake) along with its key member Water and Electricity Holding Company (Badeel), a unit of Saudi sovereign wealth fund PIF, with the remaining 32% stake. The project, being set up at an investment of $821 million, is the first conversion project from Multi-Stage Flash (MSF) desalination technology to sea water reverse osmosis (SWRO), which is in line with the KSA Vision 2030 in terms of achieving zero carbon emissions, fuel saving and increased plant availability. With a production capacity of up to 600,000 cu m per day, the station will feed the water transmission system covering the Jeddah and Makkah regions, said SWPC in a statement. SWPC has already sealed a 25-year water purchase agreement (WPA) valued at nearly SAR3 billion with the Acwa Power-led consortium. Saudi Water Partnership Company CEO Eng Khaled Al Qureshi commended the entire project team on their while on a site inspection visit.
Free Malaysia Today
6 days ago
- Business
- Free Malaysia Today
Saudi utility eyes US$10bil of Malaysia renewable projects
Acwa Power Co is expected to undertake joint feasibility studies on floating solar farms and large-scale water desalination with Tenaga Nasional Bhd. (EPA Images pic) RIYADH : Saudi utility Acwa Power Co signed non-binding agreements with Malaysian firms, including to explore the development of about 13GW of power generation capacity, totaling US$10 billion in investments by 2040. 'Acwa's collaborations will include renewable energy, green hydrogen and advanced water solutions,' it said in a statement. One of the world's largest private water desalination companies, Acwa signed the agreement with the Malaysian Investment Development Authority yesterday. The collaboration aims to support Malaysia's goal of increasing installed renewable energy capacity to 70% by mid-century, the company said. The Southeast Asian nation is aiming to phase out coal power by 2044 and achieve net zero by 2050. 'Acwa will undertake joint feasibility studies on floating solar farms and large-scale water desalination with state-controlled utility Tenaga Nasional Bhd and others,' the statement added. Historically, Malaysia has relied on coal, gas and hydro for its power needs, according to BloombergNEF. The country, one of the world's top liquefied natural gas exporters, is also considering expanding imports of the fuel to meet surging power demand.
Argaam
28-05-2025
- Business
- Argaam
ACWA Power signs MoUs with Malaysian companies
ACWA Power Co. signed multiple memorandums of understanding (MoU) and strategic partnership agreements with Malaysian companies during the ASEAN-GCC Summit held in Kuala Lumpur. In a statement received by Argaam, the company said it signed a MoU with the Malaysian Investment Development Authority to explore power generation projects totaling up to 12.5 gigawatts by 2040, with initial investments reaching $10 billion. ACWA Power also signed heads of terms agreements to pursue joint projects with Tenaga Nasional Berhad (TNB), Terengganu Inc., and UEM Lestra. These projects include floating photovoltaic (FPV) solar systems, combined-cycle gas turbine plants, and large-scale desalination facilities. The agreements aim to accelerate sustainable infrastructure development in Malaysia's energy and water sectors through feasibility studies and co-development. 'Our agreements mark a key milestone in Southeast Asia,' said ACWA Power CEO Marco Arcelli. 'They reflect our commitment to Malaysia's energy transition and leverage our global expertise in renewables, desalination, and green hydrogen,' he added. Arcelli noted that combining ACWA Power's capabilities with local partners' knowledge will fast-track clean energy deployment, drive technology transfer, create jobs, and support long-term economic growth.
Zawya
28-05-2025
- Business
- Zawya
Jordan: ASEZA advances water, trade, green projects
AMMAN — The Aqaba Special Economic Zone Authority (ASEZA) board of commissioners on Tuesday approved the registration of the "National Carrier Project" company within the zone. This move allows the company to benefit from the zone's incentives, paving the way for the launch of this "critical" water project, which will desalinate Red Sea water and transport it to the capital, the Jordan News Agency, Petra, reported. The ASEZA took several 'strategic' steps aimed at boosting investment, accelerating national infrastructure efforts, and promoting sustainability in the region. In a bid to strengthen Aqaba's role as a "regional" logistics hub, the board also endorsed new guidelines that will enable companies not formally registered in the zone to engage in "transit" trade. The board of commissioners decided to approve the signing of a memorandum of understanding to facilitate the integrated and sustainable management of textile waste within the ASEZA. The recycling textile waste project aims to promote the green economy and encourage sustainability in the industrial sector. This initiative is part of a broader effort to promote a circular economy and reinforce Aqaba's transformation into an environmentally friendly, green city. The board also approved the "revised" zoning plans for the village of Dabbat Hanout. This decision is part of the authority's vision to regulate and develop Dabbat Hanout village in coordination with relevant entities, addressing existing irregularities to ensure proper land division, consolidation, regulatory amendments, and the removal of violations on state-owned lands. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
26-05-2025
- Business
- Zawya
Cyprus receives mobile desalination units from UAE to tackle water crisis
Cyprus has received 13 mobile desalination units from the United Arab Emirates, delivered free of charge to help the island deal with a severe water shortage just ahead of the water-intensive tourism season. Cyprus has four large desalination plants with a combined daily water production capacity of about 220,000 cubic metres. The UAE will supply it with 14 mobile desalination units under a bilateral deal, boosting its daily production capacity by about 15,000 cubic metres. While the mobile units are a valuable addition in tackling the water crisis, the situation remains challenging, Agriculture Minister Maria Panayiotou said. "This shouldn't make us complacent. People must still use water sparingly," she said as she thanked the UAE for dispatching the units within a matter of weeks. Although Cyprus has a widespread reservoir network, it has increasingly relied on desalination in recent decades to offset declining rainfall. As of Monday, the country's 18 largest reservoirs were only 21.7% full, according to official data. (Writing by Michele Kambas; Editing by Hugh Lawson)
