Skip to main content

Saudi company to develop green hydrogen in South Africa

The kingdom has shown a particularly strong interest in both South Africa and green hydrogen in general this year.
Hydrogen tank.

A Saudi company pledged today to help develop green hydrogen in South Africa. 

ACWA Power and South Africa’s Industrial Development Corporation signed a memorandum of understanding on the “development” of green hydrogen in the country. The memo has a potential value of $10 billion, ACWA Power said in a press release. 

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.