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HomeNEOM Green Hydrogen Project

NEOM Green Hydrogen Project

NEOM, Air Products and ACWA Power signed an agreement during July 2020 for world-scale green hydrogen based ammonia production facility powered by renewable energy.

Project location: Oxagon, NEOM

Project Investment value: USD 8.4 billion

Please refer below major milestones and Project awarding details/information:

Finance

NEOM Green Hydrogen Company signs facility agreements

December 21, 2022 SaudiGulf Projects

NEOM Green Hydrogen Company (NGHC), Saudi Arabia announced the signing of facility agreements with local, regional and international banks along-with execution of a commitment letter …

NEOM

Sungrow and ACWA Power Signed MOU for 536MW Energy Storage System for NEOM

December 13, 2022 SaudiGulf Projects

Sungrow, the global leading inverter and energy storage system solution supplier, and ACWA Power, leading Saudi developer, investor and operator of power generation, water desalination …

Hydrogen

NEOM’s Green Hydrogen Design awarded to Longitude

June 28, 2022 SaudiGulf Projects

Longitude Engineering, ABL Group’s engineering, advisory, and design arm, has been awarded a contract to provide engineering support to Air Products on the NEOM green …

Hydrogen

ACWA Power Announces the signing of $900m EPC contract for the NEOM Green Hydrogen Project

April 4, 2022 SaudiGulf Projects

ACWA Power Company announces the signing of the Limited Notice To Proceed (LNTP) Agreements in relation to the EPC Contract for the NEOM Green Hydrogen …

NEOM

thyssenkrupp Signs Contract to Install Over 2GW Electrolysis Plant for Air Products in NEOM

December 13, 2021 SaudiGulf Projects

Air Products announced in a statement that it has awarded thyssenkrupp Uhde Chlorine Engineers a contract to supply a more than two-gigawatt (2 GW) electrolysis …

Hydrogen

Baker Hughes to provide advanced technology for NEOM hydrogen project

June 10, 2021 SaudiGulf Projects

Baker Hughes announced in a statement that it has collaborated with Air Products to develop next generation hydrogen compression to lower the cost of production …

NEOM

NEOM signed $5 billion agreement for World’s Largest Green Hydrogen Project

July 8, 2020 SaudiGulf Projects

Air Products, in conjunction with ACWA Power and NEOM, announced in a statement, the signing of an agreement for world-scale green hydrogen based ammonia production …

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