Abengoa (MCE: ABG/P:SM), the international company that applies innovative technology solutions for sustainability in the infrastructures, energy and water sectors, has inaugurated together with its partner Fisia Italiampianti a reverse osmosis desalination plant in the Shuaibah complex, in Saudi Arabia.
The Project is the largest desalination plant built by Abengoa to date, with a capacity of 250,000 m3/day. In addition, the Project has already produced 20 million cubic meters of desalinated water since the successful completion of the tests required for the Project.
Saudi-based Acwa Power, a global leader in water desalination and power generation, said its consortium with MDC Power Holding Company, an entity fully owned by Mubadala Investment Company, has entered into a water purchase agreement with Federal Electricity & Water Authority (Fewa) for a 150-million-gallons-per-day desalination plant to be located in the northern emirate of Umm Al Quwain.
Under the terms of the agreement, Fewa will hold 20 per cent of the stake, while Acwa Power and Mubadala will each own 40 per cent of the plant, which will utilise seawater reverse osmosis technology.
Saudi Arabia is planning to privatize 20 water desalination and sewage plants within a strategy to expand the private sector and boost public revenue as part of its Vision 2030 development blueprint, an official was quoted on Tuesday as saying.
The projects include 11 water desalination facilities with a combined output capacity of 4.3 million cubic metres per day and 9 sewage plants with a capacity of 1.1 million cubic metres per day, said Abdul Rahman Al-Zughaibi, Undersecretary for Economic and Investment Affairs at the Environment, Water and Agriculture Ministry.
He told the Arabic language daily Aleqtisadia that three targeted desalination plants are based in the Eastern port of Jubail, a desalination unit in the Western Red Sea port of Yanbu and a sewage plant in Taif in West Saudi Arabia.
The Arab coalition fighting to restore legitimacy in Yemen said on Thursday a projectile launched by Yemen’s Iranian-backed Houthi rebels had landed on Wednesday night near a desalination plant in Al-Shuqaiq in Saudi Arabia, causing no casualties or damage.
In a statement carried by the Saudi Press Agency (SPA), the coalition spokesman, Col. Turki Al-Maliki said security forces were working to determine the type of projectile that had been used in the attack.
Ten leading utility developer consortiums led by top global players including FCC, Cobra and GS Inima (from Spain), Suez and Veolia (France) beside Emirati group Utico and Japan’s Marubeni have been prequalified by Saudi Water Partnership Company (SWPC) for the Yanbu-4 independent water project (IWP).
The US-Saudi Arabian Business Council (USSABC) revealed that the value of contract awards in Saudi Arabia grew to $13bn (SAR48.9bn) in Q1 2019, a staggering 113% increase from $6.1bn (SAR23bn) in the same period in 2018, Construction Week reports.
According to USSABC’s Contract Awards Index (CAI) report, the total value of contracts covers megaprojects in various sectors, with oil and gas; water; and transportation projects making up 67% of the total value, accounting for $8.7bn (SAR32.6bn).
ACCIONA, a leading company in the development of water infrastructure, together with Marubeni Corporation, Almar and Rawafid Alhadarah Holding Co., has achieved the financial close for the Shuqaiq 3 desalination plant for a total value of more than $600mn.
Saudi banking institutions included Samba and NBC, along with the participation of international players MUFG (Agent), Crédit Agricole, Norinchukin and SMBC, with the agreement reached just three months after the water purchase contract was signed.
ACWA Power Signs Strategic Agreements With Three Chinese Entities During the Second Belt and Road Forum – Saudi Arabia
ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants has signed strategic agreements with three renowned Chinese entities on the sidelines of the second Belt and Road Forum for International Cooperation (BRF).
The agreements with PowerChina, China Gezhouba Group Company (CGGC) and Bank of China will lay the ground for collaboration in key investments and further involve Chinese expertise in manufacturing power generation and desalinated water production plants that ACWA Power develops and operates.
A consortium composed of Saudi Arabia-based utility developer ACWA Power, Kuwait’s Gulf Investment Corporation (GIC) and Alternative Energy Projects Company (AEPCo) signed a contract and agreements with the Oman Power and Water Procurement Company (OPWP) to develop a 500-megawatt solar PV power plant in Ibri, Oman.