ACWA Power partners with IRENA to provide sustainable energy solutions

The signing ceremony

ACWA Power signed an agreement to partner with the International Renewable Energy Agency (IRENA) to provide sustainable energy solutions, and aims to accelerate the adoption and sustainable use of renewable energy across the globe, the utility said in a statement.

IRENA is the lead global intergovernmental agency for energy transformation, to drive the worldwide transition to renewable energy sources.

Through this partnership, ACWA Power will collaborate with IRENA to exchange vital information on infrastructure investment for renewable energy, green hydrogen development, solar power, smart grids, and the energy-water nexus. Additionally, ACWA Power will participate in IRENA initiatives, including Green Hydrogen, Collaborative Frameworks, Project Facilitation, the Alliance for Industry Decarbonization, the Utilities for Net Zero Alliance, and the Coalition for Action.

ACWA Power and IRENA will explore opportunities to mobilise finance and investment in renewable energy projects and support infrastructure, facilitating the development, storage, distribution, transmission, and consumption of renewables. Furthermore, joint workshops and seminars will be organised to share best practices, strengthen capabilities, and raise awareness of the energy transition among youth, professionals, and the public through IRENA's platforms and programmes.