NGHC and Oxagon Partner to Build World's Largest Green Hydrogen Plant in NEOM's Industrial City
Key Ideas
- NGHC and Oxagon collaborate to establish the world's largest green hydrogen plant in NEOM's industrial city, Oxagon.
- The facility, under development since 2023, aims to produce low-cost, large-scale green hydrogen, supporting NEOM's green industrial vision.
- Oxagon provides comprehensive support services and infrastructure, positioning itself as a hub for sustainable manufacturing and future technologies.
- NGHC's strategic location on the Red Sea enhances logistics and export potential, contributing to global efforts for clean energy production.
NEOM Green Hydrogen Company (NGHC) and Oxagon have formed a significant partnership to build the world's largest green hydrogen plant in Oxagon, NEOM's industrial city. This collaboration aligns with NEOM's goal of creating a carbon-neutral, circular economy. The green hydrogen plant, a flagship project for NGHC, is set to deliver clean hydrogen at scale using cutting-edge technologies. With Oxagon's support, NGHC aims to establish itself as a global model for scalable clean energy production and export. The strategic location on the Red Sea allows for efficient logistics and potential hydrogen exports to international markets. Oxagon's role in providing industrial support services and infrastructure positions it as a hub for sustainable manufacturing. NGHC's presence is expected to attract complementary industries, bolstering Oxagon's position in the sustainable manufacturing landscape. Overall, the partnership between NGHC and Oxagon supports NEOM's vision and contributes to global efforts to achieve net-zero emissions targets by 2030.