{"id":74360,"date":"2022-10-17T02:00:20","date_gmt":"2022-10-17T02:00:20","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/"},"modified":"2022-10-17T02:00:20","modified_gmt":"2022-10-17T02:00:20","slug":"acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/","title":{"rendered":"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant"},"content":{"rendered":"

<\/a> Saudi renewable energy powerhouse ACWA Power is eyeing investments of <\/strong>at <\/strong>least USD 10 bn in South Africa\u2019s renewables in the coming five years,<\/strong> CEO Paddy Padmanathan told Arab News yesterday<\/a>, in a conversation held on the sidelines of the Saudi-South African Investment Forum in Jeddah. At least USD 5 bn will be funneled into clean hydrogen alone, while total investment in South Africa\u2019s renewables could reach USD 25 bn by 2030. The company\u2019s current South African portfolio is worth USD 1.4 bn, he added.<\/p>\n

ACWA has been making big plays this year beyond MENA: <\/strong>Most recently, ACWA Power signed three agreements in September<\/a> for green energy investments totalling USD 12.4 bn with Uzbekistan. These include: a USD 2.4 bn wind farm, a USD 10 bn investment cooperation agreement to develop renewable energy and green hydrogen projects, and a roadmap for green hydrogen investment.<\/p>\n

EGYPT\u2019S TAQA GAVE COP CITY ITS LARGEST SOLAR POWER PLANT-<\/strong><\/p>\n

<\/a> Sharm El Sheikh got its largest solar plant, courtesy of Egypt\u2019s Taqa Arabia:<\/strong> Egyptian energy company Taqa Arabia completed a 20 MW solar plant in Sharm El Sheikh, in preparation for COP27, according to a company statement<\/a> on Thursday. The EGP 250 mn plant is set to produce over 42 GWh annually. The project can supply electricity to over 6k hotel rooms, according to the statement. The plant, which was completed in four months, will power 30% of tourist neighborhood Nabq. Taqa Arabia, a Qalaa Holdings subsidiary, also invested in EV charging stations in the area, the statement notes. Tap or click here to read the full story<\/a><\/strong> in yesterday\u2019s EnterpriseAM.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi renewable energy powerhouse ACWA Power is eyeing investments of at least USD 10 bn in South Africa\u2019s renewables in the coming five years, CEO Paddy Padmanathan told Arab News yesterday, in a conversation held on the sidelines of the Saudi-South African Investment Forum in Jeddah. At least USD 5 bn will be funneled into […]<\/p>\n","protected":false},"author":1,"featured_media":74361,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[152],"tags":[11,39,151,88,94,622],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseclimate","tag-green-hydrogen","tag-investment-watch","tag-renewables","tag-solar","tag-south-africa","wpautop","entry"],"acf":{"mongo_id":"193cfca9-21d0-43b2-8510-e877b72e13eb","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/1021.jpg","photo_position":"above","related_issue":[74354],"teaser":"","voice_url":""},"yoast_head":"\nACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant\" \/>\n<meta property=\"og:description\" content=\"Saudi renewable energy powerhouse ACWA Power is eyeing investments of at least USD 10 bn in South Africa\u2019s renewables in the coming five years, CEO Paddy Padmanathan told Arab News yesterday, in a conversation held on the sidelines of the Saudi-South African Investment Forum in Jeddah. At least USD 5 bn will be funneled into […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-17T02:00:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant\",\"datePublished\":\"2022-10-17T02:00:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/\"},\"wordCount\":273,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseClimate\",\"green hydrogen\",\"INVESTMENT WATCH\",\"renewables\",\"SOLAR\",\"South Africa\"],\"articleSection\":[\"INVESTMENT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/\",\"name\":\"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-10-17T02:00:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/","og_locale":"en_US","og_type":"article","og_title":"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant","og_description":"Saudi renewable energy powerhouse ACWA Power is eyeing investments of at least USD 10 bn in South Africa\u2019s renewables in the coming five years, CEO Paddy Padmanathan told Arab News yesterday, in a conversation held on the sidelines of the Saudi-South African Investment Forum in Jeddah. At least USD 5 bn will be funneled into […]","og_url":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/","og_site_name":"Climate","article_published_time":"2022-10-17T02:00:20+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant","datePublished":"2022-10-17T02:00:20+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/"},"wordCount":273,"publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1","keywords":["EnterpriseClimate","green hydrogen","INVESTMENT WATCH","renewables","SOLAR","South Africa"],"articleSection":["INVESTMENT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/","url":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/","name":"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1","datePublished":"2022-10-17T02:00:20+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/17\/acwa-continues-to-grow-its-global-portfolio-cop-city-gets-a-20-mw-solar-plant\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"ACWA continues to grow its global portfolio + COP City gets a 20 MW solar plant"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/1021.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pgVl2y-jlm","_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/74360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/comments?post=74360"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/74360\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/74354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/74361"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=74360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=74360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=74360"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/brand?post=74360"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=74360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}