Acwa Power and Silk Road Fund announce the completion of partnership over Acwa Power renewable energy holding ltd

ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants recently announced the completion of the transaction to introduce Silk Road Fund as a partner and a 49% shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA Power RenewCo). ACWA Power RenewCo is ACWA Power’s renewable energy platform that currently …

COVID19 and EU’s Green Deal: Has the Time Come for Mediterranean Clean Energy?

It has long been understood that the Southern Mediterranean has extremely abundant cheap solar energy resources and plentiful desert land to build it on. With those resources it could supply much of Europe’s green energy demand more cheaply than if Europe relies only on itself. Until now, Europe has failed to take that prospect very seriously. Yes, …