| Element List | Explanation |
|---|---|
| Announcement Detail | ACWA Power Company (Acwa) announces to its shareholders the issuance of a government approval granting the Company the exclusive right to export green hydrogen produced in the Kingdom of Saudi Arabia and its derivatives, including green ammonia, green methanol, and green fuel manufactured using green hydrogen, to global markets, to achieve the national objectives. The approval also assigned the Company to develop projects for the production, transmission, and export of electricity generated from renewable energy sources to the European and Arab markets. Financial Impact: The Company will disclose any material developments and financial impacts in accordance with the applicable laws and regulations. |
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