BRIEF-ACWA Power Announces Temporary Limitation On Power Dispatch For Two Of Its Solar Projects

ACWA -2.13%

ACWA

2082.SA

169.80

-2.13%

April 2 (Reuters) - ACWA POWER COMPANY SJSC 2082.SE:

  • ANNOUNCES THAT TWO OF ITS SOLAR IPP PLANTS BEEN SUBJECT TO TEMPORARY LIMITATION ON POWER DISPATCH FOLLOWING INSTRUCTIONS FROM GRID OPERATOR CITING ALLEGED REACTIVE POWER FLUCTUATIONS AFFECTING GRID STABILITY, MATTERS THAT BOTH PROJECT COMPANIES DENY

  • AL KAHFAH SOLAR PV IPP WITH PARTIAL DISPATCH PERMITTED SINCE FEB 11, 2026

  • AL KAHFAH SOLAR PV IPP, ACCUMULATED ESTIMATED REVENUE CHALLENGED BY PRINCIPAL BUYER UP TO MARCH-END IS APPROXIMATELY 95 MILLION RIYALS

  • ARRASS2 SOLAR PV IPP WITH PARTIAL DISPATCH PERMITTED SINCE MARCH 8, 2026

  • ARRASS2 SOLAR PV IPP, ACCUMULATED ESTIMATED REVENUE CHALLENGED BY PRINCIPAL BUYER UP TO MARCH-END IS APPROXIMATELY SAR 73 MILLION RIYALS

  • BOTH PROJECT COMPANIES CHALLENGED MATTER AND ARE CURRENTLY CONDUCTING DETAILED TECHNICAL ASSESSMENTS TO ENABLE FULL RESTORATION OF PLANTS OPERATIONS

Source text: ID:nSSE9KRRTT

Further company coverage: 2082.SE


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