ACWA Power has signed strategic agreements with six Italian partners to bolster cooperation in the fields of green hydrogen, water desalination, and research and development.
The six Italian entities include Confindustria, Eni, A2A, Industrie De Nora, Italmatch Chemicals and RINA.
Confindustria and its associates will assess with ACWA Power the potential for the development of green hydrogen and water desalination projects.
Eni and ACWA Power will investigate cooperation in green hydrogen, renewables and research and development in innovative, sustainable technologies. A2A and ACWA Power will assess the potential for green hydrogen projects in their areas of mutual interest, and green hydrogen imports in Italy. RINA and ACWA Power will investigate the potential use of green hydrogen and its derivatives in sea-borne shipping.
Industrie De Nora will provide its expertise in electrochemistry and sustainability technologies to enhance ACWA Power’s portfolio of water desalination projects and will investigate possible cooperation in the operations and maintenance of green hydrogen applications.
Italmatch Chemicals and ACWA Power will explore the potential for localization in Saudi Arabia of the production of water treatment products with long-term supply agreements to its operations, as well as opportunities in R&D and knowledge exchange.