The Kingdom enhances its international partnerships in the field of export of renewable energy and green hydrogen to Europe
In the presence of Prince Abdulaziz bin Salman bin Abdulaziz, the Minister of Energy, today, in Riyadh, a number of agreements and memoranda of understanding were signed between & quot; Aqua Power & quot; And a number of international partners, in order to develop an integrated system for exporting renewable energy and green hydrogen from Saudi Arabia to the European continent.
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& nbsp; The Kingdom is to enhance international logistical connection, and its leadership of the economic corridor project between India, the Middle East and Europe (IMEC), based on its strategic geographical location linking East and West. Organized by the company & quot; Aquapors & quot; under the supervision of the Ministry of Energy, under the title: & quot; export of renewable energy and green hydrogen & quot; in the presence of high -level representatives from the governments of both the Kingdom of Saudi Arabia, Greece, France, Germany, representatives of specialized international companies, and leading national institutions, as the workshop highlighted the level of progress made by the Kingdom in a path Diversification of the energy mix, enhancing regional and international integration in the areas of clean energy, which establishes its position as a reliable energy provider, and its pivotal role in leading the economic corridor project that links the East to the West.
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& nbsp; & quot; Aquapors & quot; In the workshop; Memorandum of Understanding, multilateral, with leading European companies, including Italian Edison, Total Energuez, the Dutch Minister of Europe, and the German IBW, to export electricity produced from renewable energy sources, from the Kingdom to Europe, with the evaluation of commercial capabilities, and European market trends towards sustainable energy solutions.
& nbsp; as well as signed & quot; Aquapors & quot; Understanding notes with bodies specialized in electrical connection technologies, including the Italian CESI company as an independent technical advisor, as well as a number of international companies leading in high -voltage electrical transportation technologies (HVDC) such as Prysmian, GE Vernova, Siemens Energy, and Hitachi (Hitachi), to develop modern energy transmission corridors, enhance the reliability of supplies and the effectiveness of the cross -border infrastructure, as well as a joint development agreement was signed between & quot & quot; And the German ENBW (EnBW) company, to establish the first stage & quot; Yanbu Center for Green Hydrogen & quot;, which will begin its commercial operation, God willing, in 2030 AD. An integrated project, which includes electricity generation facilities from renewable sources, water desalination plants, electrical analysis units, and hydrogen conversion installations to green ammonia, along with a customized export station, and the project is expected to contribute to enabling the Kingdom to produce clean energy at competitive costs, and meet global industrial demand for low -energy alternative energy solutions, in addition to confirming the leadership role What the Kingdom undertakes in the economic corridor project, based on its distinguished geographical location, as the contract of this workshop comes, and the signing of it from signing agreements and memoranda of understanding, to show the Kingdom’s competitive advantages that make it a pivotal element in the success of this project. It also reflects its pioneering role in enhancing global energy security and supporting regional and international linkage projects, which contributes to building an energy future characterized by sustainability and flexibility, in line with the targets of the Kingdom’s Vision 2030.
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