ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, Shuaibah Water Electricity Company (SWEC), and Saudi Water Partnership Company (SWPC), the off-taker of Shuaibah 3 IWPP, have signed an agreement to restructure the Shuaibah 3 Independent Water and Power Project (IWPP).
The agreement entails the conversion and replacement of the IWPP from an energy-intensive power generation and thermal desalination facility to a greenfield seawater reverse osmosis (SWRO) desalination plant under the name ‘Shuaibah 3 Independent Water Project (IWP)’. As such, operations of Shuaibah 3 Independent Water and Power Project (IWPP) will cease in 2025, saving nearly 45 million tons of carbon dioxide emissions and 22 million barrels of light crude oil annually.