Saudi Arabia's Neom Green Hydrogen Project Nears Completion
Key Ideas
  • Neom's green hydrogen project at Oxagon is 80% complete, with production expected to start next year. The $8.4 billion project is set to become the world's largest green hydrogen plant.
  • The project, a collaboration between Neom Green Hydrogen Company, Acwa Power, Air Products, and Neom, will use solar and wind energy to produce up to 600 tonnes per day of carbon-free hydrogen by 2026.
  • NGHC has secured a 30-year offtake agreement with Air Products for all green ammonia produced. The project also includes a 4-gigawatts solar and wind power facility and plans for ammonia production in 2027.
  • Progress is also seen at the Port of Neom, with the completion of a 900-meter quay wall and deepening of the port channel. This development will enhance trade links on the Red Sea and accommodate the world's largest vessels.
The Neom green hydrogen project in Saudi Arabia's industrial city of Oxagon is nearing completion, with 80% progress and production expected to commence next year. The $8.4 billion project, involving Neom Green Hydrogen Company, Acwa Power, Air Products, and Neom, aims to be the world's largest green hydrogen plant. It integrates solar and wind energy to produce up to 600 tonnes of carbon-free hydrogen daily by 2026. The project includes a 4-gigawatts solar and wind power generation facility, with plans for ammonia production in 2027. NGHC has a 30-year offtake agreement with Air Products for all green ammonia. Progress is also evident at the Port of Neom, with the completion of infrastructure that will enable the world's largest vessels to dock, boosting trade links on the Red Sea.
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