ACWA Power and Energy China sign MoU for power and water desalination cooperation

Partnership to further pursue cooperation on power generation and water desalination projects across the region.

ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants, today signed a Memorandum of Understanding (MoU) with China Energy Engineering Corporation Limited (ENERGY CHINA), a global leader in international engineering and EPC contracting, during a ceremony in Dubai.

The framework agreement will enable both companies to explore joint investment opportunities and cooperate on power generation and water desalination projects across the Middle East and Asia where ACWA Power operates.

The MoU was signed by ACWA Power’s Chairman, Mohammad Abunayyan and ENERGY CHINA’s Chairman, Wang Jianping, who were accompanied by high-level dignitaries, including senior officials from China’s public sector, as well as senior business executives and professionals from China Gezhouba Group Company (CGGC).

“We are privileged to be here in Dubai and to have signed this MoU with an industry leader in the power and water sector,” said the Chairman of ENERGY CHINA, Wang Jianping. “With this agreement, we will strengthen the ties between China and the Middle East and unlock new potential power generation opportunities in the region.”

ACWA Power operates in 10 countries and has signed MoUs with various companies in those countries pledging to support local governments in the provision of reliable and cost-effective power source and desalinated water solutions within the utility sphere.