Italy’s Eni and Saudi Acwa Power sign accord to develop green hydrogen project.
Italy’s Eni (ENI.MI) and Saudi Acwa Power (2082.SE) signed a Memorandum of Understanding (MoU) to jointly develop a green hydrogen project in the Middle East and Africa at the Investment Forum between Italy and Saudi Arabia in Milan.
At the same event, held as Italy and Saudi Arabia struck a deal to boost investments, Acwa Power also struck an MoU with regional utility A2A (A2.MI) and electrodes maker De Nora (DNR.MI) to cooperate on green hydrogen.
Italy’s Eni and Saudi Acwa Power sign accord to develop green hydrogen project, September 4, 2023