{
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ACWA Power opens first international innovation center in Shanghai for renewable energy

ACWA Power has inaugurated its first overseas Innovation Center in Shanghai, focusing on research in renewables, energy storage, and desalination. Developed with a $2.8 million budget, the center aims to enhance collaboration and technological advancement in China's green energy sector, supporting the company's goal of investing up to $30 billion in the country by 2030. Partnerships with Gulf Renewables Laboratory and Shanghai Jiao Tong University will bolster the center's capabilities in sustainable energy and water solutions.
Arab News Japan
Chinese Yuan United States Dollar Shanghai Jiao Tong University CHN SAU Bart Boesmans
Business & Industry, Press Release
05:04 11.03.2025

ACWA Power opens first international innovation center in Shanghai for renewable energy

ACWA Power has inaugurated its first overseas Innovation Center in Shanghai, focusing on research in renewables, energy storage, and desalination. The $2.8 million facility aims to enhance collaboration and technological advancement in China's green energy sector, supporting the company's goal to invest up to $30 billion in the country by 2030. Partnerships with Gulf Renewables Laboratory and Shanghai Jiao Tong University will bolster the center's capabilities, fostering innovation and sustainable solutions.
Arab News Japan
Chinese Yuan Shanghai Jiao Tong University ACWA Power Company SAU CHN Bart Boesmans
Business & Industry, Press Release
05:04 11.03.2025
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