Global Infrastructure SherpaACWA Power and POSCO Holdings to jointly develop green hydrogen and ammonia projects
ACWA Power and POSCO Holdings will jointly develop green hydrogen and ammonia production projects in Saudi Arabia and Oman. The projects aim to supply clean energy to global markets.
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Counterparts (2)
Developer
POSCO Holdings
POSCO Holdings is a South Korean steel-making company that is diversifying into infrastructure-related businesses, including energy transition and resource development. They are actively involved in developing new technologies and securing resources for sustainable growth.
Acwa
ACWA Power is a developer, investor, and operator of power generation and desalinated water plants. They focus on delivering electricity and potable water reliably and responsibly at a low cost, driving social and economic development in the communities they invest in.
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Location
Region/Country: Saudi Arabia
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Announcement
Jul 19, 2022, 3:40:21 PM
PARTIES MENTIONED IN SOURCE
A
ACWA Power
developer
"ACWA Power, POSCO Holdings ink green H2 MoU"
P
POSCO Holdings
developer
"ACWA Power, POSCO Holdings ink green H2 MoU"
medium quality
Enriched Feb 19, 2026
Timeline
Announced
Oct 26, 2025
Signed
Closed
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