ACWA Power announced as Energy & Water partner for COP29

ACWA Power, a global leader in power generation and desalinated water production, has signed on as the Energy & Water Partner for COP29, reaffirming its commitment to advancing sustainable practices in the renewable energy sector, as reported by News.Az. The company, known for its innovative solutions in green hydrogen and energy transition, aims to use its role at COP29 to collaborate with industry leaders, potential partners, and climate advocates to drive meaningful progress toward a sustainable future.

As the world’s largest private water desalination provider, ACWA Power is at the forefront of the global shift towards renewable energy. Founded in Riyadh in 2004, the company now operates in 13 countries across the Middle East, Africa, Central Asia, and Southeast Asia, employing over 4,000 people. ACWA Power aligns its business strategy with UN climate goals, promoting projects that enhance energy efficiency, conserve water, and reduce environmental impacts.

COP29 in Baku provides a platform for global businesses to engage with climate policies and showcase their sustainability efforts. The Green Zone will feature private sector organizations demonstrating climate-friendly solutions, with opportunities for presentations, workshops, and networking events. ACWA Power’s participation, particularly in hosting its own events and collaborating with other key players, underscores its leadership in the energy transition.

Narmin Jarchalova, Chief Operating Officer for COP29 Azerbaijan, welcomed ACWA Power’s partnership, highlighting the company’s involvement in Azerbaijan’s renewable energy projects, including the implementation of a 240 MW Wind Farm. This contribution emphasizes ACWA Power’s pivotal role in advancing renewable energy solutions in the region.

Marco Arcelli, CEO of ACWA Power, echoed the importance of accelerating the transition away from fossil fuels while ensuring reliable, sustainable energy supplies. He emphasized Azerbaijan’s potential as a bridge between Central Asia and Europe for green energy sources, a vision ACWA Power is eager to support as part of its mission to build a sustainable, net-zero future.