The application of biochar can effectively enhance soil organic matter (SOM) and improve soil structure. Biomass power plant ash (BPPA) is also rich in essential nutrients for plants, with similar carbon content. Considering production cost and agricultural waste recycling, it is beneficial to apply BPPA to improve soil fertility and quality. However, it remains unclear whether its ameliorative effects surpass those of biochar in alkaline soils. In the study, we set up seven pot experiments of faba beans in sandy alkaline soils from the ancient region of the Yellow River, including the controls (CK), different amounts of acid-modified BPPA (A1, A2, A3), and the same amounts of acid-modified biochar (B1, B2, B3), to compare their effects on soil physiochemical properties and bacterial community structure. The results indicate that the application of both biochar and BPPA can improve soil physiochemical properties. At the same dosage, the biochar application outperformed BPPA treatment in terms of soil physical properties such as bulk density (BD), maximum water-holding capacity (FC), and soil capillary porosity (SP2). Conversely, BPPA treatment displayed advantages in chemical properties such as readily oxidizable organic carbon (ROOC), total nitrogen (TN), alkaline nitrogen (AN), available phosphorus (AP), available potassium (AK), and electrical conductivity (EC). All the treatments enhanced the richness and diversity of bacterial communities, increasing the relative abundance of eutrophic groups such as Bacteroidota and Firmicutes while decreasing that of oligotrophic groups like Actinobacteriota. BPPA also increased the relative abundance of Proteobacteria, while the opposite was observed for biochar. Correlation analysis showed that the environmental factors such as soil pH, EC, TN, AK, SOM, and SP2 emerged as primary factors influencing the bacterial community structure of alkaline soils, significantly affecting their diversity and abundance. Among them, SP2 and SOM were the dominant physical and chemical factors, respectively. Overall, the application of both acid-modified BPPA and biochar can enhance the physiochemical properties of sandy alkaline soils, while the application of BPPA is superior for improving soil nutrient content and enhancing bacterial community structure. The study explores the potential mechanisms through which the application of acid-modified BPPA affects soil characteristics and microbial features, providing new insight into developing optimizing fertilization strategies for enhancing soil quality in the ancient region of the Yellow River.