ACWA Power strengthens US clean energy ties with $500 million in new deals

ACWA Power, a Saudi company specializing in power generation, water desalination, and green hydrogen plants globally, has recently signed multiple clean energy agreements with U.S. firms, amounting to $500 million. The collaborations include partnering with Baker Hughes to enhance green hydrogen production technologies and working with KBR on large-scale projects utilizing ammonia technology. Additionally, agreements with Energy Recovery focus on improving energy efficiency in seawater desalination plants. These deals aim to boost innovation and investment in the energy sector, aligning with Saudi Arabia’s Vision 2030 and goal of achieving net-zero emissions by 2060. ACWA Power emphasizes the importance of these partnerships in driving renewable energy solutions and supporting the Kingdom’s sustainable future.