Acwa, the world’s largest private water desalination company, has appointed Dr. Samir J. Serhan as its new Chief Executive Officer. An industry veteran, he brings more than three decades of global leadership experience across large-scale industrial and infrastructure organisations to the new role.
KKR, a leading global investment firm, has announced a strategic financing transaction with ACWA Power, the world’s largest private water desalination company, a leader in energy transition and a first mover in green hydrogen.
Energy Recovery, a leader in energy efficiency technology, said it has secured a new contract to supply its PX Q650 Pressure Exchanger devices for a major seawater reverse osmosis (SWRO) desalination plant in Saudi Arabia. On completion, the project is set to rank among the 10 largest desalination plants in the world.
Qatar is accelerating the deployment of utility-scale solar photovoltaics as part of a national strategy to diversify its power mix, reduce domestic gas consumption for power generation, and curb emissions intensity, while maintaining gas-fired generation as the bedrock of system reliability, said a report.