ACWA Power awards Técnicas Reunidas, China’s Sipnopec contract for Yanbu Green Hydrogen Hub

ACWA Power Co. awarded today, Aug. 1, Spanish engineering firm Técnicas Reunidas and Sinopec Guangzhou Engineering Co. Ltd. — a subsidiary of the Chinese energy and chemical engineering giant Sinopec —a convertible front-end engineering design (FEED) contract for the Yanbu Green Hydrogen Hub in Saudi Arabia.

In an emailed statement to Argaam, the utility said that the two-company consortium will carry out the FEED work for a facility with an annual production capacity of 400,000 tons of green hydrogen, which will be exported in the form of green ammonia by 2030.

The contract is valid for 10 months, after which the consortium is expected to submit a proposal for the engineering, procurement, and construction (EPC) phase of the multibillion-dollar facility, which is scheduled to be commercially operational by 2030.

Técnicas Reunidas had been involved in the project since the pre-FEED stages, while Sinopec Guangzhou Engineering signed the contract based on a memorandum of understanding signed with ACWA Power in 2024.

Once operational in 2030, the Yanbu Green Hydrogen Hub will help decarbonize hard-to-abate sectors through its location in Yanbu Industrial City, ACWA Power added. The project aims to utilize 5 gigawatts (GW) of wind and solar power, a 400-kilometer transmission line, and 4.4 GW of electrolyzer capacity to produce 400,000 tons of green hydrogen annually—equivalent to 2.5 million tons of green ammonia to facilitate exports to global markets.