ACWA Power, known for its expertise in energy transition and green hydrogen, has partnered with European energy infrastructure leader Snam to explore joint investments in building a green hydrogen supply chain to Europe. The memorandum of understanding (MoU) between the two companies paves the way for delivering green hydrogen from Saudi Arabia to Europe, with plans for an ammonia import terminal in Italy. This initiative aligns with the SoutH2 Corridor project, which aims to connect Italy, Austria, and Germany, supporting Europe's transition to net zero emissions. Snam, a key player in natural gas operations, is dedicated to creating a multi-molecule infrastructure across Europe to enhance energy security and accelerate decarbonization. ACWA Power, on the other hand, brings its experience in green hydrogen and ammonia production to the partnership. The CEOs of both companies express optimism about the collaboration, emphasizing the importance of hydrogen in achieving the EU's decarbonization targets and driving progress in the green hydrogen sector. This partnership signifies a significant step towards sustainable energy solutions and reinforces the commitment to a greener future in the energy sector.