ACWA Power signed agreements with several international partners on July 20 in Riyadh, Saudi Arabia, with the goal of creating a green hydrogen and renewable-energy export value chain between Saudi Arabia and Europe.
The agreements and memorandum of understanding (MoU) were signed during the Renewable Energy and Green Hydrogen Export Workshop, led by ACWA Power under the supervision of the Ministry of Energy.
The event brought together high-level government representatives from Saudi Arabia, Greece, France and Germany, alongside executives from global specialized companies and national institutions. The event showcased the Kingdom’s progress in diversifying its energy mix and promoting regional and international integration in clean energy.
A multi-party MoU was signed by ACWA Power with a slew of European companies, including Italy’s Edison S.p.A. and IZhero Europe, France’s TotalEnergies Renewables and Germany’s EnBW. This MoU established a collaborati