Saudi-based ACWA Power is expanding its presence in Indonesia with the development of two floating offshore solar photovoltaic (PV) plants. The company is known for its portfolio of power generation and desalinated water production plants across 12 countries in the Middle East, Africa, and Asia, with an investment value exceeding USD 74.8 billion. ACWA Power’s energy portfolio includes combined cycle power plants, solar (PV and CSP), wind, desalination plants, and green hydrogen projects.