ACWA Power and SABIC join hands for local content in the renewable energy sector in Saudi Arabia

Dubai’s ACWA Power, recently signed a Memorandum of Understanding with Saudi Basic Industries Corporation (SABIC). The MoU is expected to foster opportunities for Local Content in the economy of Saudi Arabia.

Reports suggest, the agreement was signed by Thamer Al Sharhan, Managing Director at ACWA Power and Fuad Mosa, the Vice President of Local Content & Business Development at SABIC. Furthermore, the partnership is in com....