Saudi Arabia has taken a significant step towards green energy by launching a new company, Energy Solutions Company, through the Public Investment Fund. This company aims to invest a minimum of $10 billion in green hydrogen production. The collaboration with Saudi Aramco, the state-owned oil giant, will further boost investments in low-carbon fuel production. The appointment of Cord Landsmann, former CEO of Thyssenkrupp Uhde, to lead the company indicates a strategic vision for the future of green energy initiatives in the region. The launch of this new company reflects Saudi Arabia's commitment to transitioning towards sustainable and environmentally friendly energy solutions. The official announcement of the Energy Solutions Company is eagerly awaited and is expected to signal a new era of investment in renewable energy in the country.