Saudi Arabia is strategically looking to diversify its economy and reduce emissions by exploring hydrogen as a key solution. The Public Investment Fund of Saudi Arabia is set to invest $10 billion in green hydrogen production through the Energy Solutions Company, with additional backing from Saudi Aramco. This move aligns with Saudi Arabia's Vision 2030, which aims to shift towards renewable energy sources, targeting to generate half of its electricity from renewables by 2030. This transition is crucial for the country to mitigate economic risks associated with oil dependency. Seonghoon Woo, the CEO of Amogy, emphasized the nation's potential to dominate the clean hydrogen market, leveraging its financial resources, expertise in the petrochemical sector, and abundant renewable energy sources. With a commitment to achieving net-zero emissions by 2060, Saudi Arabia is poised to emerge as a significant player in clean energy production and potentially secure a leading position in the global hydrogen market.