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Exclusive: Saudi’s ACWA Power eyes China and green hydrogen
Summary by Semafor
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1 Articles
Exclusive: Saudi’s ACWA Power eyes China and green hydrogen
The ScoopSaudi Arabia is accelerating its push into clean power — spanning solar, wind, and hydrogen — both at home and abroad. ACWA Power, the giant backed by the kingdom’s sovereign wealth fund, plans to deploy $20 billion in capital annually over the next five years, 60% of that domestically, CEO Marco Arcelli told Semafor.Abroad, the company is eyeing China as its “next big hub,” with major projects and approvals already in motion, Arcelli s…
·New York, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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