Saudi Arabia’s ACWA, Shanghai Electric Eye Global Clean Energy Projects

China’s Shanghai Electric Group Co has signed a memorandum of understanding (MoU) to collaborate with Saudi Arabia’s ACWA Power on global clean energy projects.

The two clean-energy providers signed the strategic partnership during a visit by Shanghai Electric’s chairman and CEO Zheng Jianhua to Saudi Arabia.

The scope of the cooperation covers a range of energy projects, including gas turbines construction, desalination development, thermal, photovoltaic, solar thermal, wind and combined cycle power generation, a statement said.The scope of the cooperation covers a range of energy projects, including gas turbines construction, desalination development, thermal, photovoltaic, solar thermal, wind and combined cycle power generation, a statement said. Read more