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Saudi energy giant expands investment with major water and wind projects

18 0
11.01.2026

Azerbaijan is poised to take a significant step forward in both renewable energy and water infrastructure, as Saudi Arabia’s ACWA Power prepares to implement a large-scale seawater desalination project alongside its expanding renewable energy portfolio in the country. The announcement comes amid broader global and regional efforts to diversify energy sources and enhance climate resilience.

The planned desalination facility, with a capacity of 300,000 cubic meters per day, represents one of the largest water infrastructure projects in Azerbaijan’s history and will be built near Baku at the Sumgayit Chemical Industrial Park. The project was awarded to ACWA Power following a public-private partnership (PPP) tender, and a Public-Private Partnership Agreement valued at approximately USD 400 million has already been signed with the Azerbaijan State Water Resources Agency. The agreement covers the design, construction, financing, ownership, operation, and maintenance of the facility over a 27.5-year period, after which it will be transferred to the state agency.

This initiative comes at a time when Azerbaijan is placing increased........

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