Saudi Arabian energy major ACWA Power has revealed its ambitious plans for renewable energy projects in China, totaling over 1 GW in capacity. The portfolio consists of solar and wind installations that will be jointly owned by ACWA Power and Chinese renewable energy developers. ACWA's operations in China, led by Yunhe Lyu, aim to invest up to $50 billion by 2030 in green energy, renewable technologies, green hydrogen, and desalination projects. The company envisions reaching 1.3 GW of renewable energy capacity in China by the end of the year. ACWA Power's collaborations extend beyond China, with projects in Uzbekistan and Saudi Arabia in partnership with Chinese firms. The economic partnership between China and Saudi Arabia, catalyzed by President Xi Jinping's visit, has facilitated substantial bilateral trade, with China being a leading direct investor in Saudi Arabia for greenfield projects. The collaboration signifies a significant step towards sustainable energy development and economic growth between the two countries.