Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • South Korea’s Largest Hydrogen-Only Fuel Cell Plant Begins Operation in Ulsan
  • Ingeteam Commissions Castilla y León’s First Green Hydrogen Plant
  • Norway’s Karmsund Hydrogen Project to Begin Operations in 2028
  • ITM Power Bets on ‘Hydrogen-as-a-Service’ with New German Subsidiary Hydropulse
  • Greece Weighs Hydrogen Ambitions Against Power Costs and Lack of Subsidies
  • Teesside to Anchor £96M Pipeline Push as Ofgem Backs East Coast Hydrogen Network
  • RIC Energy Secures Site for 220MW Hydrogen-Based E-Fuels Project in Castilla y León
  • ITM Power Gets FEED Contract for Uniper’s Humber H2ub
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Projects
hydrogen

Italy-Saudi Arabia Enter $10 Billion Partnership

Anela DoksoBy Anela Dokso28/01/20252 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

Italy and Saudi Arabia have signed significant agreements valued at approximately $10 billion, marking a strengthened strategic partnership between the two nations.

The announcement came following a meeting between Italian Prime Minister Giorgia Meloni and Saudi Crown Prince Mohammed bin Salman. The deals between Italy and Saudi Arabia span various sectors including infrastructure, energy, defense, sport, entertainment, and tourism. A notable component is the involvement of Italy’s export credit agency SACE, which will provide $3 billion in loan guarantees for Saudi Arabia’s ambitious NEOM project. This development is a cornerstone of the Vision 2030 initiative, aiming to diversify Saudi Arabia’s economy beyond oil dependence.

A significant focus of these agreements is on green projects. SACE signed a Memorandum of Understanding with the Saudi Electricity Company to provide credit guarantees for green energy and infrastructure projects. Italian gas grid operator Snam will collaborate with ACWA Power to explore green hydrogen supply opportunities to Europe. Additionally, Italian defense group Leonardo is set to enhance aerospace and defense cooperation with Saudi partners.

Italian company Industrie De Nora has established a partnership with ACWA Power to develop innovative solutions for water desalination. De Nora will also work alongside the Saudi Water Authority on three pilot projects aimed at improving water sector solutions.

Beyond economic matters, Meloni and Crown Prince bin Salman discussed crucial international issues in their talks. These included the quest for peace in Ukraine, stabilizing the ceasefire in Gaza, supporting reconstruction in Syria, and aiding Lebanon. Furthermore, Meloni expressed support for Saudi Arabia’s involvement in the GCAP jet fighter program, though she acknowledged that it would entail some time to materialize.

In addition to the Italy-Saudi deals, the Saudi NEOM Green Hydrogen Company announced progress in creating the world’s largest green hydrogen plant. This project is a significant step in Saudi Arabia’s energy transition strategy. ACWA Power and Snam have signed an MoU to explore the creation of a green hydrogen and ammonia supply chain from Saudi Arabia to Europe.


Stay updated on the latest in energy! Follow us on LinkedIn, Facebook, and X for real-time news and insights. Don’t miss out on exclusive interviews and webinars—subscribe to our YouTube channel today! Join our community and be part of the conversation shaping the future of energy.

hydrogen
Share. LinkedIn Twitter Facebook Email

Related Posts

Hydrogen

South Korea’s Largest Hydrogen-Only Fuel Cell Plant Begins Operation in Ulsan

25/06/2025
Hydrogen

Ingeteam Commissions Castilla y León’s First Green Hydrogen Plant

25/06/2025
hydrogen

Norway’s Karmsund Hydrogen Project to Begin Operations in 2028

25/06/2025
hydrogen

ITM Power Bets on ‘Hydrogen-as-a-Service’ with New German Subsidiary Hydropulse

25/06/2025
hydrogen

Greece Weighs Hydrogen Ambitions Against Power Costs and Lack of Subsidies

25/06/2025
hydrogen

Teesside to Anchor £96M Pipeline Push as Ofgem Backs East Coast Hydrogen Network

24/06/2025
Hydrogen

South Korea’s Largest Hydrogen-Only Fuel Cell Plant Begins Operation in Ulsan

25/06/2025
Hydrogen

Ingeteam Commissions Castilla y León’s First Green Hydrogen Plant

25/06/2025
hydrogen

Norway’s Karmsund Hydrogen Project to Begin Operations in 2028

25/06/2025
hydrogen

ITM Power Bets on ‘Hydrogen-as-a-Service’ with New German Subsidiary Hydropulse

25/06/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.