Saudi-based ACWA Power signs MoU with Japanese technology provider Toray

By Shilpa Annie Joseph, Official Reporter
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ACWA Power-Toray sign MoU
Officials during the signing ceremony.

ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, has signed a MoU with Japanese technology provider Toray Industries, in order to explore energy-saving technologies for seawater reverse osmosis (SWRO) desalination plants.

The agreement was signed on the sidelines of the Saudi-Japan Investment Roundtable organized by the Ministry of Investment.

Under this MoU, the two companies will engage in joint research to reduce the energy consumption associated with membranes used in ACWA Power’s desalination plants.

ACWA Power will share operational details of its plants with Toray, allowing the latter to analyze and provide commercially viable solutions to improve energy efficiency, as per the statement.

On the strategic agreement, Mr. Raad Al Saady, Vice Chairman and Managing Director of ACWA Power, said that, “This collaboration with Toray contributes to our vision to improve the way energy is utilized in the desalination of water, and furthers our commitment to providing potable water to communities in a responsible, sustainable and cost-effective manner.”

Mr. Kimio Kimura, President of Toray Membrane Middle East, commented that, “We are proud to support ACWA Power’s commitment to sustainability by jointly researching innovative ways to enhance the energy efficiency of membrane technologies, contributing to the overall sustainability objectives of both ACWA Power and Saudi Arabia.”

“Toray is also involved in a joint venture called Toray Membrane Middle East alongside Saudi-based Abunayyan Holding, which will deliver the kingdom’s first RO membrane manufacturing plant in Dammam, scheduled to start operations in 2025,” Mr. Kimura added.

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