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Akwa secures exclusive rights to export green hydrogen to global markets
Aqua Power announced that it has received government approval granting it exclusive rights to export green hydrogen and its derivatives from Saudi Arabia to global markets, including green ammonia, methanol, and fuels produced using green hydrogen. The company is also tasked with developing projects for the production and export of electricity from renewable sources, thereby enhancing Saudi Arabia’s position as a global hub for clean energy and linking regional and European markets. The company affirms its ability to undertake large-scale projects and develop green fuel value chains.
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