Acwa Power signed USD 500 mn worth of agreements with US companies spanning solar energy, desalination, green hydrogen, and ammonia, according to a statement released on Wednesday. The agreements were signed on the sidelines of the Saudi-US Investment Forum in Riyadh during US President Donald Trump's visit earlier this week.

#1- Green Hydrogen: Acwa is partnering with energy technology firm Baker Hughes to explore the potential production and testing of green hydrogen technologies, including electrolysis solutions and safety mechanisms for production.

#2- Ammonia: The company is also partnering with EPC company KBR on large-scale ammonia projects, but no further details were mentioned.

#3- Lower-carbon desalination: Acwa will work with energy efficiency firm Energy Recovery on exploring tech deployment to reduce energy consumption and increase efficiency in its water desalination projects.

#4- .. and solar: Acwa also said it is collaborating on solar ventures targeting the deployment of tracker technologies for solar PV projects to reduce energy costs and increase capacity, but it didn’t name which companies would be involved.

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