ACWA Power – a developer, investor, and operator of power generation and desalinated water plants – has registered as an Energy and Water Partner of COP29, demonstrating the company’s commitment to sustainable practices in the renewable energy space, News.Az reports.
The company also confirmed that it will participate in the Green Belt as a forward-thinking leader in the energy sector, committed to advocating sustainable and responsible practices. Through its participation, the company aims to leverage this unique platform to collaborate with international industry peers, potential partners, and climate advocates, to drive progress in the energy transition.
As the world’s largest water desalination service provider, ACWA Power is a pioneering force in green hydrogen and a leader in the global energy transition. Since its establishment in Riyadh in 2004, ACWA Power has grown to employ more than 4,000 people and operates in 13 countries across the Middle East, Africa, Central Asia, and Southeast Asia. ACWA Power aligns its strategies with the United Nations’ climate goals, showcasing innovative renewable energy projects around the world to increase energy efficiency, conserve water, and reduce environmental impact.
Partners at COP29 will use the opportunity to engage with global climate policy, highlight their ongoing efforts on sustainability, and support the delivery of climate action in their key business areas. By partnering with COP29 in Baku, businesses can equally demonstrate the important role they play in developing green policies and support the international community in keeping the 1.5C target achievable.
The Green Zone at COP29 will also feature international businesses showcasing climate-friendly solutions, as well as a special space for private sector organizations. Organizations will foster connections and advance climate action through a variety of programs, including presentations, workshops and networking events. Participating businesses can also host their events using meeting facilities with theater seating and various meeting room formats for enhanced visibility, collaboration and networking.
Commenting on the announcement of ACWA Power as an Energy and Water Partner, COP29 Azerbaijan Chief Operating Officer Narmin Jarchalova said, “I am happy to welcome ACWA Power as an Energy and Water partner at COP29 in Azerbaijan. This meeting will be important for shaping the policies of the state of the world’s air and promote cooperation for a sustainable future. ACWA Power’s important role in the global energy transition will significantly contribute to these discussions. Their active participation in Azerbaijan’s renewable energy projects, including the implementation of the 240 MW Wind Farm, is noteworthy. in particular and demonstrates their commitment to developing renewable energy solutions in the region. Together with our other partners, ACWA Power will play an important role in driving discussions and demonstrating excellence, and we look forward to working together on climate impact measures.
Announcing their COP29 Partnership, Marco Arcelli, CEO of ACWA Power commented, “At ACWA Power, we believe that tackling this global challenge requires a paradigm shift in how we provide water and energy to our world. We must act quickly to to advance the transition from fossil fuels, while providing reliable, competitive and sustainable equipment. It is with this in mind that we provide solutions that contribute to achieving net zero and long-term climate goals, in a fair and inclusive way COP29 in Azerbaijan is of particular importance. Today, the country has the potential to become a bridge between Central Asia and Europe for new green energy sources and green molecules, a technology where ACWA Power has reached the most competitive costs and the highest reliability in the world. .We want to bring our experience to the table, and we are committed to supporting this goal and opening a sustainable future.
More opportunities to participate specifically in the Green Zone at COP29 in Azerbaijan are still available, and additional information about the Green Zone is available here: COP29 Green Zone | 11 – 22 November 2024.
Habari.Az
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