ACWA Power, a prominent player in power generation and desalination, has opened an Innovation Centre in Shanghai with a focus on research and development in renewable energy, green hydrogen, and desalination. With an initial investment of USD 2.8 million, the facility aims to drive innovation and collaboration in the sustainable energy sector. Strategic partnerships with Gulf Renewables Laboratory and Shanghai Jiao Tong University will provide the necessary technical expertise for pioneering projects. The Innovation Centre not only supports ACWA Power's global sustainability goals but also aligns with Saudi Vision 2030, China's environmental initiatives, and ACWA Power's strategic plans. By fostering a collaborative environment for growth and innovation, the Centre is expected to contribute significantly to environmental objectives in both Saudi Arabia and China. ACWA Power's entry into China's renewable energy market further demonstrates its commitment to investing in sustainable projects, with plans to triple its assets under management globally.