Overview
- Economy Minister Katherina Reiche arrived in Saudi Arabia with representatives from 35 companies and 11 start-ups to deepen bilateral ties.
- She said an energy partnership will be signed during the trip with priorities spanning renewable power, storage technologies and sustainable hydrogen.
- The agenda features bilateral talks in Riyadh and a session of the mixed economic commission with the Saudi energy ministry, followed by company visits and factory groundbreakings in Jeddah for Juffali Commercial Vehicles and Saudi Liebherr Company.
- Reuters reports that top executives including Siemens Energy CEO Christian Bruch and Thyssenkrupp CEO Miguel Lopez are taking part, with insiders citing participation by leaders of Uniper, EnBW and Sefe.
- Reiche criticized EU rules for green hydrogen as too complex, saying they drive prices to €8–€12 per kilogram, and Germany highlights strong Saudi ties—over €10 billion in trade and 800+ firms active—alongside reported Saudi plans to invest $190 billion in renewables and $36 billion in hydrogen by 2030.