RIYADH: Aimed at making Saudi Arabia a regional hub for clean energy, the Kingdom’s Public Investment Fund has signed a memorandum of understanding with the Japanese power generation company JERA Co. Inc. to develop green hydrogen projects and derivatives jointly.
The deal will pave the way for both parties to undertake feasibility studies of such projects to cater to domestic and international markets, according to a press release.
JERA is Japan’s largest power generation company which operates across the entire supply chain,…
