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Saudi Arabia and Uzbekistan signed an agreement focused on the development of research and development and subsequent production of green hydrogen in Uzbekistan.

This is reported on the website of the Ministry of Energy of Uzbekistan.

The agreement was signed with ACWA Power and Air Products companies.

Also, the sides signed a document expressing Saudi Arabia’s intention to invest $10 billion in energy sector of Uzbekistan during next five years.

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Arnes Biogradlija is the founder and Editor in Chief of EnergyNews.biz, which he launched in 2021 to separate energy transition realities from fairy tales. He writes data driven analysis on hydrogen, energy storage, small modular reactors, grids and industrial policy, and leads the Energy Talks interview series. EnergyNews.biz reporting has been cited more than 100 times by the International Energy Agency.

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