Saudi Arabia has entered into an agreement with Germany to export 200,000 tons of green hydrogen annually to Europe by 2030. The memorandum of understanding was signed between Saudi ACWA Power and Germany’s SEFE Energy Company during German President Frank-Walter Steinmeier's visit to Saudi Arabia. The partnership aims to establish a hydrogen bridge between the two countries, with a focus on accelerating the green hydrogen economy in Europe. This initiative is expected to make a significant contribution to global decarbonisation efforts. Germany's move to sign hydrogen import agreements with various countries, such as Brazil, Norway, and now Saudi Arabia, is part of its effort to explore new energy sources following the Russia-Ukraine conflict. Hydrogen is considered a key element in reducing carbon emissions and is utilized in industries for heavy machinery, transportation, and heating systems.