Acwa wins Saudi green hydrogen export rights
In the United Arab Emirates (UAE), MEED reported that Saudi utility developer Acwa Power has received an exclusive government mandate to export green hydrogen and its derivatives produced in the kingdom to international markets.
The exclusivity covers the export of green ammonia, green methanol, green methane and synthetic fuels manufactured using green hydrogen, according to the report. The approval supports the kingdom’s objective of establishing itself as a leader in clean energy exports and accelerating the development of a diversified, low-carbon economy under Vision 2030, the report added.
The mandate is expected to support the implementation of several export agreements the company has already signed. In July 2025, Acwa Power concluded a series of agreements and memorandums of understanding to export renewable energy and green hydrogen to Europe under the India-Middle East-Europe Economic Corridor. In February, it signed a memorandum for a green ammonia corridor with German partners including EnBW Energie Baden-Wurttemberg, it added.
Acwa Power, which is majority owned by Saudi sovereign wealth vehicle the Public Investment Fund, holds a portfolio spanning renewable energy, green hydrogen, desalination and energy infrastructure in 15 countries.
Category: Hydrogen
