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

    Picture of EnBW Energie Baden Wuerttemberg AG logoEnBW Energie Baden Wuerttemberg AG
    20/07/2025 14:32
    Recasts with more details

CAIRO, July 20 (Reuters) - 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 TTEF.PA, Italy's Edison EDNn.MI and Germany's EnBW EBKG.DE.

The Saudi company also signed separate agreements with other companies including Germany's Siemens Energy ENR1n.DE to develop energy transmission corridors.

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

 ((Jaidaa.Ahmad@thomsonreuters.com;))

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