ACWA Power, a prominent player in renewable energy and desalination, has solidified its ties with leading US companies by signing new MoUs worth USD 500 million during the Saudi–US Investment Forum in Riyadh. These agreements, in alignment with the Vision 2030 goals of Saudi Arabia, focus on areas like green hydrogen, solar technology, and innovation, emphasizing the commitment to sustainability and economic diversification. The partnerships aim to support the nation in achieving net zero emissions by 2060. ACWA Power's executives highlighted the importance of these collaborations in propelling Saudi Arabia towards a sustainable future, leveraging American expertise to drive renewable energy deployment and create local job opportunities. The agreements entail the integration of cutting-edge technologies in solar energy projects, advancements in gas turbine systems, development of green hydrogen production technologies, and enhancing the energy efficiency of seawater desalination plants. Through these strategic partnerships, ACWA Power is aiming to diversify its energy portfolio, reduce costs, enhance domestic production, and contribute to the growth of a homegrown hydrogen ecosystem. Such collaborations signify a positive step towards innovation, economic growth, and environmental sustainability in Saudi Arabia.