Acwa announces temporary curtailment at 2 solar projects

Acwa said the curtailment was based on directives from the grid operator citing grid stability requirements.

ACWA Power Co. (Acwa) said two of its solar power projects have been subject to temporary production curtailment, based on directives from the grid operator, citing alleged reactive power fluctuations affecting grid stability, matters that both project companies deny.

In a statement to Tadawul, the company said Al Kahfah Solar PV IPP (1,425 MW) received the commercial operation certificate in November 2025 and thereafter has been under dispatch limitation since Dec. 12, 2025, with partial dispatch permitted since Feb. 11, 2026. The accumulated estimated revenue challenged by the principal buyer up to March-end is approximately SAR 95 million.

It added that ArRass2 Solar PV IPP (2,000 MW) received the initial commercial operation certificate in September 2025 and thereafter has been under dispatch limitation since Jan. 16, 2026, with partial dispatch permitted since March 8, 2026. The accumulated estimated revenue challenged by PB up to March-end is approximately SAR 73 million.

Both project companies have challenged the matter and are currently conducting detailed technical assessments, including independent third-party analysis, and coordinating with the relevant authorities to enable full restoration of plants operations.

Both companies have reserved all of their rights under the contractual agreements and have issued deemed energy invoices in accordance with the terms of those agreements.

The company added it will disclose any material developments in due course.