Saudi Arabia’s ACWA Power plans to invest $30 billion in China by 2030, aiming to become a global leader in renewable energy and green hydrogen. Backed by the Public Investment Fund, the company has rapidly expanded its assets and international footprint. In China, ACWA Power has an operational capacity of 300 MW and a project pipeline exceeding 1 GW, supported by partnerships with leading manufacturers. Its flagship projects, such as the NEOM green hydrogen project, highlight its strategy of integrating large-scale renewable energy, advanced technologies, and desalination to support Saudi Arabia’s Vision 2030 and the global energy transition.
Saudi Arabia’s ACWA Power plans to invest $30 billion in China by 2030.
