Marafiq Red Sea Project
The Red Sea Utilities Multi-Utilities Project is a landmark greenfield initiative developed by ACWA Power in partnership with Red Sea Global, supporting Saudi Arabia’s premier tourism destination along the Red Sea coast. Under a 25-year Utilities Concession Agreement, ACWA Power is responsible for the development, construction, operation, and eventual transfer of a fully integrated, off-grid utilities infrastructure.
The project includes a 340 MWac solar PV plant combined with one of the world’s largest captive-scale battery energy storage systems (1,000–1,200 MWh), enabling 24/7 clean energy supply. In addition to renewable power, the scope covers seawater desalination (up to 32,500 m³/day), wetlands-based sewage treatment (16,000 m³/day), district cooling (32,500 RT), and zero-landfill waste management (~11,775 t/year).
With financial close reached in early 2022, backed by international and local lenders and supported by the Public Investment Fund (PIF), the project represents a pioneering model of sustainable infrastructure aligned with Saudi Arabia’s Vision 2030 and the Red Sea destination masterplan.