Beyond Borders: How Riyadh’s Acwa Is Powering Türkiye’s Green Future

A Bold Step from the Heart of the Kingdom  

When you think about the **Kingdom of Saudi Arabia**, you picture towering skylines of **Riyadh**, rich culture, and a push towards innovation. But lately, there’s another star in the story — **Acwa**, known worldwide as *the world’s largest private water desalination company*. More than just a water giant, Acwa is a **leader in energy transition** and a daring *first mover into green hydrogen*.  

Now, Acwa’s latest move has turned heads across continents. The company has signed an **Investment Agreement Key Terms (IA Key Terms)** with the Ministry of Energy and Natural Resources of the **Republic of Türkiye**. The goal? Develop an ambitious 5 GW renewable energy program starting with Phase 1 — a whopping 2 GW of solar capacity split between two plants in **Sivas** and **Taşeli**. That’s not just big… it’s revolutionary!  

The Türkiye Connection  

Under the IA Key Terms, Acwa will roll up its sleeves and take charge — develop, finance, construct, commission, and operate both facilities. And once that sunlight turns into electricity, the **Power Purchase Agreement Key Terms (PPA Key Terms)** signed with **Elektrik Üretim Anonim Şirketi (EÜAŞ)** will make sure it’s sold locally, supporting Türkiye’s energy needs in a clean, predictable way.  

This bold renewable program builds on Acwa’s earlier success in Türkiye. Remember the 927 MW **Kırıkkale IPP project**? Valued at USD 930 million, it offsets a massive 1.8 million tons of CO₂ every year. Now, with 5 GW on the horizon, Acwa is taking things to a whole new level — helping Türkiye slash emissions by 41% by 203, work toward net zero by 2053, and scale renewable capacity to an impressive 120 GW by 2035. 

Why This Matters  

Here’s the thing: this isn’t just about green energy. It’s about giving Türkiye a shield against the rollercoaster of global fossil fuel markets. Fixed-price electricity means better planning for industries, reduced costs long-term, and a serious leap toward energy independence. Plus, there’s the economic spark — up to USD 5 billion in foreign direct investment, thousands of jobs, and plenty of high-skilled positions during operations.  

And let’s not forget localization. Acwa loves partnering with Turkish talent, and they’ve already hit 100% local employment for their developments in the country. This isn’t just a partnership; it’s a deep, rooted collaboration that blends expertise, resources, and shared ambition for a cleaner future.  

Acwa’s move from Riyadh to Türkiye isn’t just a business expansion. It’s a cross-cultural handshake, a pledge for sustainable growth, and a giant step toward global energy transition. With sunlight, strategic vision, and bold leadership, the future looks bright — literally.  

Empowering the Future: Thinkproject and Acwa Join Forces for Digital Transformation

In an age where digitalization defines success, the partnership between Thinkproject and Acwa marks a pivotal moment in the realm of built asset intelligence and lifecycle management. Acwa, renowned as the world's largest private water desalination company and a trailblazer in the energy transition sector, has appointed Thinkproject as its strategic digitalization partner. This collaboration aims to reshape how complex power, energy, and water assets are delivered and operated on a global scale.

Transforming Asset Management: A New Era of Efficiency

Through this innovative partnership, Acwa is not merely adopting a new platform; it is actively transforming its operational processes. The Thinkproject platform facilitates a continuous, real-time digital handover from the onset of construction, effectively accelerating the time to operations. As a result, Acwa gains portfolio-wide visibility across its diverse projects, ensuring that every stakeholder remains informed and engaged throughout the lifecycle of each asset. This newfound transparency strengthens governance, reduces risks, and enhances overall efficiency—a necessity for managing complex mega projects in today’s fast-paced environment.

Moreover, by establishing a single, connected data foundation, Acwa is standardizing its operational methods with partners, thus creating a seamless workflow that optimizes performance. As Maxime Laugier, Thinkproject’s Chief Revenue Officer, aptly pointed out, this partnership validates Thinkproject's leadership in digital asset delivery. Acwa is leveraging customized data and analytics not only to enhance operational efficiency but also to accelerate growth and scale its digital journey. This strategic focus on optimization assures faster delivery and more confident investment decisions, paving the way for long-term operational success.

A Vision for the Future: Scaling Digitalization Across Borders

The implications of this multi-million-dollar, ten-year partnership extend far beyond immediate operational improvements. Acwa's ambition to lead in the delivery of essential infrastructure is now supported by Thinkproject’s expertise in digitalization. This collaboration represents a commitment to meeting rising demands across Saudi Arabia, the Middle East, and even international markets stretching from Central Asia to Africa, Southeast Asia, and China. By harnessing the power of technology, Acwa is setting the stage for predictable construction and risk-controlled execution, which are crucial for success in today’s competitive landscape.

As Acwa continues to push the envelope in the realms of energy transition and green hydrogen, its partnership with Thinkproject will undoubtedly enhance its ability to deliver on its ambitious goals. The focus on optimized long-term performance of a global asset portfolio will not only benefit Acwa but also contribute to the advancement of sustainable infrastructure worldwide. As we look to the future, the collaboration between these two industry leaders will serve as a model for others, illustrating how strategic partnerships can lead to transformative change in asset management and delivery.

The partnership between Thinkproject and Acwa is not just a strategic alliance; it is a blueprint for the future of digital asset management. Through innovation and collaboration, they are poised to revolutionize how essential infrastructure is developed and operated, ensuring that the world moves toward a more sustainable and efficient future.