Saudi Arabia is making a significant move towards hydrogen production by investing in a new company, Energy Solutions Co., with an initial budget of $10 billion, potentially increasing over time. Led by the Public Investment Fund and expected to be managed by Cord Landsmann, former Thyssenkrupp Uhde CEO, this venture aims to position Saudi Arabia as a major player in the hydrogen sector. The country is prioritizing green hydrogen, produced from water and renewable sources, to reduce carbon emissions and diversify its economy beyond oil. Despite the high costs and logistical challenges associated with green hydrogen, particularly in transportation and infrastructure development, Saudi Arabia is forging ahead with plans to establish large-scale projects. The country is home to one of the few operational green hydrogen initiatives globally, with Aramco also considering investments in blue hydrogen production. Saudi Arabia's vision includes capturing a significant market share in blue hydrogen and contributing to global green hydrogen output. As the world shifts towards cleaner energy sources, Saudi Arabia recognizes the importance of staying competitive in the hydrogen market and securing a substantial income stream. The country's strategic goal is not only to meet domestic energy demands sustainably but also to establish itself as a key hydrogen supplier internationally. By investing in hydrogen technologies, Saudi Arabia aims to foster economic growth, reduce carbon footprint, and ensure its position as a leading player in the evolving energy landscape.