ACWA Power, a Saudi clean energy developer, has announced multiple clean energy partnerships with U.S. companies, totaling $500 million. These agreements aim to advance green hydrogen production and other sustainable energy initiatives. The collaboration with Baker Hughes focuses on developing electrolysis solutions to enhance hydrogen production efficiency. Additionally, partnerships with KBR and Energy Recovery aim to improve energy-saving technologies in desalination plants and large-scale projects. The deals also include deploying advanced tracker technologies for solar energy projects and enhancing core equipment for gas turbine projects in Saudi Arabia. These partnerships strengthen the strategic alliance between the U.S. and Saudi Arabia, aligning with Saudi Vision 2030 and the goal of achieving net-zero emissions by 2060. ACWA Power's Vice Chairman highlighted the importance of these partnerships in driving innovation, creating jobs, and supporting sustainable growth in Saudi Arabia. The company's CEO emphasized the value of collaborating with leading companies to diversify their portfolio and expand into new markets. ACWA Power has also formed collaborations with companies in Australia, Germany, and Italy to deliver electrolysis technology demonstrations, supply green hydrogen to Europe, and establish a green hydrogen supply chain from Saudi Arabia to Europe. Overall, these strategic partnerships reflect ACWA Power's commitment to leveraging global expertise and technology to accelerate the development of renewable energy solutions and meet ambitious sustainability targets.