The Renewables (RENU) vertical of Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with ACWA Power for the Renewables & Grid scope of the pioneering Yanbu Green Ammonia Project in Saudi Arabia.
Table of Contents
Key Highlights of L&T and ACWA Power MOU:
- Project: Yanbu Green Ammonia Project – Renewables & Grid Scope
- Location: Yanbu, Kingdom of Saudi Arabia
- Scope: Solar PV, Wind, Battery Energy Storage System (BESS), substations, and transmission lines
- Customer: ACWA Power
- Partnership: Memorandum of Understanding (MoU) for collaboration, leading to an EPC contract
- Significance: Supports Saudi Arabia’s clean energy leadership and global decarbonisation efforts
The Yanbu Green Hydrogen Hub is envisioned as a fully integrated facility with its own captive renewable electricity generation powered solely by solar and wind energy. Under the Renewables & Grid scope, the project will include solar PV, wind, and battery energy storage plants, along with associated substations and transmission lines.
The MoU establishes a framework to design and optimize the configuration to achieve targeted performance levels. Once the final proposal is approved, L&T is expected to move forward with an EPC contract, further strengthening its role in renewable mega-project delivery.
Leadership Statements
The rapid pace of development on the Yanbu Green Hydrogen Project is a clear demonstration of our commitment to supporting the Kingdom’s leadership role in the global energy transition. By developing and exporting green ammonia, we aim to support international markets in their decarbonisation efforts and pave the way for a cleaner, more sustainable world.
Marco Arcelli, CEO of ACWA Power
Saudi Arabia is a key leader in supply of clean energy and industrial decarbonization. The MoU signed with our esteemed customer ACWA is a major milestone in our journey of trusted partnership, and we are happy to contribute to its ambitions of promoting regional and international integration of clean energy, especially along the India – Middle East – Europe economic corridor.
T Madhava Das, Member of the Board and Senior Executive Vice President (Utilities), L&T
This collaboration reinforces L&T’s proven EPC expertise in renewable energy projects and reflects its commitment to safety, quality, sustainability, and performance excellence, aligning with Saudi Arabia’s Vision 2030 and global energy transition goals.
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