ACWA Power recently signed a series of strategic agreements and memoranda of understanding with prominent international energy companies during a ceremony in Riyadh, under the patronage of the Minister of Energy, Prince Abdulaziz bin Salman. These agreements, part of the Renewable Energy and Green Hydrogen Export Workshop, focus on establishing a renewable energy and green hydrogen export value chain between Saudi Arabia and Europe. The initiative aligns with the Kingdom's strategic role in the IMEC project and Vision 2030 goals. ACWA Power signed a multi-party MoU with leading European companies to explore renewable energy projects in Saudi Arabia and assess power delivery to European markets through advanced transmission corridors. Technical MoUs were also signed with global energy infrastructure leaders to enhance cross-border power reliability. Notably, a Joint Development Agreement for the Yanbu Green Hydrogen Hub Phase 1 was concluded, aiming to be operational by 2030 and emphasizing renewable energy integration and sustainable practices. The initiatives showcased during the workshop highlight Saudi Arabia's commitment to global energy security, regional interconnection, and sustainable energy transition. The event brought together representatives from various countries and energy firms, emphasizing collaboration for a greener and more interconnected energy future.