{"id":1305,"date":"2025-02-04T13:11:50","date_gmt":"2025-02-04T09:11:50","guid":{"rendered":"https:\/\/www.utilitybusinessmena.com\/?p=1305"},"modified":"2025-02-04T13:11:50","modified_gmt":"2025-02-04T09:11:50","slug":"acwa-power-sefe-signs-major-deal-to-supply-200000-tonnes-of-green-hydrogen-to-germany","status":"publish","type":"post","link":"https:\/\/cheeltech.com\/utilitybusinessmena\/news\/acwa-power-sefe-signs-major-deal-to-supply-200000-tonnes-of-green-hydrogen-to-germany","title":{"rendered":"ACWA Power, SEFE signs major deal to supply 200,000 tonnes of green hydrogen to Germany"},"content":{"rendered":"\n

Saudi energy giant ACWA Power<\/a> and Germany\u2019s SEFE Securing Energy for Europe <\/a>have signed a deal to establish a hydrogen supply corridor between Saudi Arabia and Germany, targeting an annual supply of 200,000 tonnes of green hydrogen by 2030.<\/p>\n\n\n\n

The agreement, signed in the presence of Saudi Energy Minister Prince Abdulaziz bin Salman and German Finance Minister Dr. J\u00f6rg Kukies, is a major step in boosting energy ties between the two nations and advancing Europe\u2019s hydrogen economy.<\/p>\n\n\n\n

Under the Memorandum of Understanding (MoU), ACWA Power will act as the lead developer, investor, and operator of green hydrogen and green ammonia production facilities, while SEFE, a German state-owned energy firm, will serve as a co-investor and primary offtaker, leveraging its market reach across Germany and Europe.<\/p>\n\n\n\n

\u201cThis partnership strengthens Saudi Arabia\u2019s ambition to become a global leader in hydrogen production while supporting Europe\u2019s decarbonisation goals,\u201d said Marco Arcelli, Chief Executive of ACWA Power.<\/p>\n\n\n\n

\u201cBy combining our expertise in large-scale green hydrogen production with SEFE\u2019s deep market knowledge, we are creating a vital energy bridge that supports European energy security and industrial competitiveness.\u201d<\/p>\n\n\n\n

SEFE CEO Dr. Egbert Laege described the deal as a pivotal step in securing Europe\u2019s energy supply while driving the transition to renewables. \u201cBy expanding our green hydrogen portfolio and investing in local production, we are equipping ourselves with solutions to help our customers achieve decarbonisation,\u201d Laege said.<\/p>\n\n\n\n

Germany has identified green hydrogen as a key pillar in its energy transition strategy, seeking reliable suppliers to reduce dependence on fossil fuels and meet stringent climate targets.<\/p>\n\n\n\n

The Saudi-German collaboration aligns with Germany\u2019s National Hydrogen Strategy, which aims to import a significant share of its hydrogen demand from international partners.<\/p>\n\n\n\n

SEFE is positioning itself as a key player in hydrogen infrastructure development in Germany. Through its subsidiary GASCADE, it is repurposing sections of its 4,100-kilometre pipeline network for hydrogen transport under the FLOW project, alongside developing the AquaDuctus offshore hydrogen pipeline in the North Sea and a large-scale hydrogen storage facility in Jemgum.<\/p>\n\n\n\n

For ACWA Power, the agreement strengthens its rapidly expanding green hydrogen portfolio. The company is already leading the development of the NEOM Green Hydrogen Project\u2014a joint venture with Air Products and NEOM\u2014which will be the world\u2019s first large-scale green hydrogen plant, producing 1.2 million tonnes of green ammonia annually. Additionally, ACWA Power is advancing projects in Uzbekistan, Egypt, and Tunisia, with a vision to supply hydrogen to Europe via the planned SoutH2 Corridor.<\/p>\n\n\n\n

Saudi Arabia has set its sights on becoming one of the world\u2019s largest producers and exporters of hydrogen, leveraging its abundant renewable energy resources and strategic location. Saudi-German energy cooperation is a key part of this ambition, with both countries aiming to foster economic growth, job creation, and environmental sustainability while meeting the Paris Agreement\u2019s climate targets.<\/p>\n","protected":false},"excerpt":{"rendered":"

ACWA Power will act as the lead developer, investor, and operator of green hydrogen and green ammonia production facilities, while SEFE will serve as a co-investor and primary offtaker<\/p>\n","protected":false},"author":7,"featured_media":144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74,40,520,41],"tags":[50,38,134,1468],"class_list":{"0":"post-1305","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hydrogen","8":"category-news","9":"category-projects","10":"category-renewable-energy","11":"tag-acwa-power","12":"tag-green-hydrogen","13":"tag-marco-arcelli","14":"tag-sefe"},"_links":{"self":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/1305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/comments?post=1305"}],"version-history":[{"count":0,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/1305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media\/144"}],"wp:attachment":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media?parent=1305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/categories?post=1305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/tags?post=1305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}