Saudi Arabia developer-come-utility ACWA Power and Germany’s EnBW have signed a joint development agreement to develop the first phase of the Yanbu green hydrogen hub, in western Saudi Arabia.
The fully integrated renewable-powered facility is set for commercial operations from 2030. The aim is to produce green hydrogen and ammonia for global markets, with distribution via a dedicated export terminal.
Yanbu, with its large power and desalination plant, is a key location for energy production and distribution. Air Liquide and Air Products Qudra among the operators.
The project leverages Saudi Arabia’s potential to develop renewable energy “at competitive rates” and serve global industrial demand with clean energy solutions.
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