ACWA Power International fully acknowledges that burning fossil fuel to generate power and water has a negative effect on the environments and contributes to climate change.
In response, ACWA Power was one of the first companies in Saudi Arabia to declare a voluntary target of adding 5% power generation from renewable sources to its assets portfolio over the coming five years. Considering the company ambition of achieving a gross generation capacity of 30,000 MW over this period, this will translate into 1,500 MW of renewables. This would avoid the emission of over 2.4 million tons of carbon dioxide (CO2) a year, depending on technology mix in the renewables portfolio. The company also seeking to promote a project that capture and sequestrate three million tons of CO2 a year emitted by one f the power plants in Saudi Arabia. Furthermore, one of ACWA Power focus areas with KAUST is to evaluate and field test PV (photovoltaic) and CSP (concentrated solar power) systems for use in Saudi Arabia.
