Saudi Arabia's Acwa Power has signed preliminary agreements with European companies to export renewable energy and green hydrogen to Europe under the India-Middle East-Europe Economic Corridor (IMEC) project. The multi-party deal involves companies like Edison, TotalEnergies Renewables, Zhero Europe, and EnBW, aiming to assess market demand and feasibility for large-scale renewable energy projects in Saudi Arabia. Acwa Power also signed individual pacts with companies like Cesi, Prysmian, GE Vernova, Siemens Energy, and Hitachi to develop advanced energy transmission corridors. Additionally, a joint development agreement with EnBW focuses on the Yanbu Green Hydrogen Hub, integrating renewable energy sources, desalination plants, and hydrogen facilities. The IMEC project, announced during the G20 summit, includes transit corridors to boost trade between India, the Gulf, and Europe. Acwa Power, backed by Saudi Arabia's Public Investment Fund, is a key player in renewable energy development, with operations in multiple countries. The company has recently signed agreements for renewable energy projects in Saudi Arabia and plans to supply green hydrogen to Europe through partnerships. Acwa Power's involvement in the Neom Green Hydrogen project and hydrogen bridge with Germany highlights its commitment to green initiatives and advancing sustainable energy solutions.