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Acwa Power and Engie continue to dominate the ranking of GCC desalination developers. Acwa Power has the largest net capacity at 2.9 million cubic meters per day across 16 projects, while Engie has the largest gross capacity of 6.46 million cubic meters per day across 16 projects. Only two independent water production contracts were awarded between 2021-2022. Rising construction costs and higher interest rates have prevented water prices from falling below $0.40 per cubic meter in recent contract awards. De

Author
Sanabel Elias
Language
EN