ACWA Power wins KSA’s first utility scale renewable energy project

Mohammad Abunayyan, chairman of ACWA Power.
Updated 07 February 2018
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ACWA Power wins KSA’s first utility scale renewable energy project

ACWA Power, a leading Saudi company specializing in developing, constructing and operating power generation and desalination water plants, has won the Skaka IPP PV solar project, the first utility scale renewable energy plant in Saudi Arabia.
This plant is the first of what will be a series of procurement within the ambitious Saudi national renewables program aiming to produce 9.5 GW of renewable energy by 2023 in the first phase. The 25-year power purchase contract was awarded to ACWA Power at a new world-record tariff of 8.781 halala/kWh (2.3417 cents/kWh).
Mohammad Abdullah Abunayyan, chairman of ACWA Power, said: “We are proud to have set yet another world-record tariff for PV power, now at home and are humbled to be entrusted with the first utility scale renewable energy plant to be developed in the Kingdom, which will be the foundation of the visionary ambitious national program that seeks to maximize the utilization of renewable energy sources, as defined by the National Transformation Program 2020 and the objectives of the Saudi Vision 2030.”
“This new project allows ACWA Power to bring to the Kingdom our considerable expertise and capabilities to ensure the delivery of this first renewable energy project at the highest global standards of quality and efficiency,” Abunayyan added.
Paddy Padmanathan, president and CEO of ACWA Power, said: “We are very excited to have won this project. Such a rigorous transparent process at a new world-record tariff will set the foundation for a robust and competitive market for renewable energy in the Kingdom, thus enabling Saudi Arabia to take advantage of all intrinsic valuable ingredients available to become a global hub for research, development, manufacture and investment in the rapidly transforming energy sector.”


Huawei hosts annual Middle East Partner Summit

Updated 24 May 2018
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Huawei hosts annual Middle East Partner Summit

Global ICT solutions provider Huawei recently hosted its annual Middle East Partner Summit in Dubai. Taking place under the theme “Leading New ICT, the Road to a Win-win Ecosystem,” the summit hosted participants from 12 countries across the Middle East. Participants had gathered to form a collaborative platform in order to explore the current requirements for a successful digital transformation and ushering in the artificial intelligence era, exchange ideas, share success stories and best practices, targeted at empowering Huawei’s channel partners in order to increase their ability to cater to the region’s increasingly demanding technology innovation needs, and to establish an open and collaborative ecosystem.
The full-day summit highlighted Huawei’s latest partner programs and outlined the company’s strategic plans for digitalization in the Middle East. Huawei’s channel strategy for 2018 centers on the empowerment of its channel partners to deliver the latest ICT solutions to their customers by embracing a collaborative, win-win approach to partners, competitors, and the industry as a whole.
In partnership with GAPP, a diamond sponsor of the summit, Huawei launched their GTM (“Go To Market”) Strategy, which focuses on catering to Middle East market requirements by building an enhanced service portfolio with GAPP serving as systems integrators.
“We see our long-term enterprise strategy in the region centered around building an ecosystem through which Huawei can help our Middle East channel partners meet their customers’ needs with enhanced connectivity and improved user experience, across different domains,” said Alaa El-Shimy, vice president and managing director, Huawei Enterprise Middle East. “Huawei advocates openness, collaboration, and shared success. Through joint innovation with our customers, partners, and peers, we are increasing the value of ICT in support of a more robust and mutually beneficial industry ecosystem. Our goal is a win-win situation for everyone, and we are dedicated to working together to establish mainstream standards and lay the foundations for this shared success.”
Bander Alfreih, chairman and CEO of GAPP, said: “Integrated, collaborative partnerships like the one we have announced with Huawei are exactly what we need to move the region forward on the path to digital transformation. We are incredibly excited to get to work on building this infrastructure together, and to see how quickly it will produce tangible results for the ecosystem at large, as well as the individual end customer. This will be how we define our success.”