Saudi ACWA Power seals 27 deals for green hydrogen and other technologies

February 5, 2026 |

In The Netherlands, Offshore Energy reported that ACWA Power, a Saudi Arabian developer, investor and operator of power generation, water desalination, and green hydrogen plants, has signed 27 memorandums of understanding (MoUs) at a recent three-day event to advance green hydrogen, desalination technologies, energy storage systems, and industrial AI.

New partnerships that cover the green hydrogen sector include the one signed with Danish company Topsoe, under which the latter will provide ammonia licensing technology for the Yanbu Green Hydrogen Project.

Also, ACWA and Baker Hughes will collaborate on advanced green hydrogen technologies at the Yanbu Hydrogen Innovation Hub, focusing on joint research, technical activities, and expertise exchange across hydrogen compression and integrated energy systems.

Another MoU stipulates that ACWA and ATOM-X will collaborate on one-step electrocatalytic conversion of hydrogen and CO2 into green fuels.

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Category: Hydrogen

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