Saudi Public Investment Fund (PIF) and Thyssenkrupp stake

The PIF Governor Yasir Al-Rumayyan believes that this potential investment would be crucial to the transfer of hydrogen technology and Saudi plans to scale a local hydrogen production industry.

Such a decision is considered a part of Crown Prince Mohammad Bin Salman Bin Abdulaziz’s goal of rapidly increasing the Kingdom’s production capacity of Green hydrogen.

Tactical Report has prepared a 269-word report to shed more light on Saudi Arabia’s plans in this regard.