India, Sept. 22 -- Larsen & Toubro's Renewables (RENU) vertical has signed a Memorandum of Understanding (MoU) with ACWA Power for the renewables and grid scope of the pioneering Yanbu Green Ammonia Project in Saudi Arabia.

The Yanbu Green Hydrogen Hub is designed as a fully integrated facility, generating renewable electricity exclusively from solar and wind. The renewables and grid component includes multiple facilities such as Solar PV, Wind, and Battery Energy Storage System plants, along with associated substations and transmission lines.

The MoU establishes a collaborative framework to optimize the design and performance of the project's renewables and grid systems. Under the agreement, Larsen & Toubro is committed to entering an EP...