Saudi's ACWA Power signs agreements with European companies to export renewable energy

Saudi Acwa Power-generating windmills are pictured in Jbel Sendouq, on the outskirts of Tangier, Morocco, June 29, 2018. Image for illustrative purposes.
Reuters Images/Youssef Boudlal

The European companies included France's TotalEnergies , Italy's Edison and Germany's EnBW

Jaidaa Taha and Muhammmad Al Gebaly, Reuters News

July 21, 2025

PHOTO
Saudi Acwa Power-generating windmills are pictured in Jbel Sendouq, on the outskirts of Tangier, Morocco, June 29, 2018. Image for illustrative purposes.

CAIRO: Saudi Arabia's ACWA Power company signed several memoranda of understanding with European companies to export renewable energy and green hydrogen from the kingdom to Europe, the Saudi energy ministry said on Sunday.

The European companies included France's TotalEnergies , Italy's Edison and Germany's EnBW .

The Saudi company also signed separate agreements with other companies including Germany's Siemens Energy to develop energy transmission corridors.

(Reporting by Jaidaa Taha and Muhammmad Al Gebaly; Editing by Toby Chopra and Susan Fenton)

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