NEOM announce 80% completion on green hydrogen plant

Located at Oxagon, Saudi Arabia (within the NEOM project), construction of the green hydrogen plant is advancing. Milestone equipment is now being received and installed, including wind turbines, hydrogen storage vessels, electrolysers, the cold box, and pipe racks. The plant remains firmly on schedule, with 4 GW of solar and wind power generation set for completion by mid-2026, followed by commissioning of the electrolysers and first ammonia product availability in 2027.

NGHC is collaborating with Saudi research and educational institutions to upskill Saudi youth and prepare them for careers in the green hydrogen and renewable energy sectors.

An equal joint venture (JV) between ACWA Power, Air Products, and NEOM, NGHC’s plant will integrate up to 4 GW of solar and wind energy to produce up to 600 tpd of carbon-free hydrogen by the end of 2026 – in the form of green ammonia – as a cost-effective solution for the global transportation and industrial sectors.

NGHC holds an exclusive 30-year off-take agreement with Air Products for all the green ammonia produced at the facility, unlocking the economic potential of renewable energy across the entire value chain.

In May 2023, NGHC achieved a landmark financial close of US$8.4 billion, supported by a US$6.1 billion non-recourse loan from 23 local, regional, and international banks and financial institutions, including SIDF and NIF.

This pioneering project directly supports the Kingdom’s Vision 2030 ambitions to drive economic diversification and global leadership in clean energy – paving the way for Saudi Arabia to become the world’s leading hydrogen producer while strengthening its role as a key player in the global energy sector.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/03062025/neom-announce-80-completion-on-green-hydrogen-plant/