ACWA Power from Saudi Arabia and EnBW from Germany have joined forces to kickstart the Yanbu Green Hydrogen Hub project, a groundbreaking initiative set in the industrial port city of Yanbu. The project aims to establish itself as a major hub for exporting green hydrogen and clean ammonia to Europe by 2030. The partnership focuses on green hydrogen production through renewable-powered electrolysis, covering the entire value chain from renewables to export facilities. Europe is slated as the primary market for these clean energy exports, diversifying its energy imports. Yanbu, with its industrial base, existing infrastructure, and strategic location on major shipping routes, is well-suited for massive volumes of hydrogen and ammonia exports, aligning with Saudi Arabia's Vision 2030 and clean energy transformation. The project involves cutting-edge technologies like electrolysis powered by renewables, ammonia synthesis for storage and shipment, and high voltage direct current for efficient electricity transmission. Global industry leaders like GE, Siemens Energy, and Hitachi Energy are part of this tech stack. For Europe, the Yanbu project presents a timely solution as it seeks cleaner energy alternatives and reduced reliance on Russian gas. The collaboration extends beyond ACWA Power and EnBW, involving prominent European players through MOUs and contributing to a broader hydrogen alliance. The initiative is expected to generate employment opportunities in Saudi Arabia, upgrade infrastructure, and introduce advanced European tech to the Gulf region. While offering strategic benefits, the project faces challenges such as cost escalations, trade complexities, and infrastructure scalability. Nonetheless, the Yanbu Green Hydrogen Hub signifies a transformative partnership in the global energy transition, leveraging Saudi Arabia's natural resources and Europe's decarbonization goals. If successful, Yanbu could emerge as a leading player in green energy production, trade, and a model for international cooperation in clean energy.