Saudi Arabia: Construction starts at Neom’s Green Hydrogen
Project
Wesam Al Ghamdi, CEO of NEOM Green Hydrogen Co., announced
significant progress in the plant's construction. Situated on the floating port
Oxagon, this project is a key component of Saudi Arabia's $1.5 trillion NEOM
mega-project.
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Arabia poised to become a leading hydrogen producer and exporter: Ghamdi
NEOM promises to be a unique tourist destination, offering
more than just luxury hotels and fancy villas. It embodies Crown Prince
Mohammed bin Salman's vision for a sustainable future, promoting a better way
of living.
ACWA Power, in collaboration with Air Products, is
developing the plant. According to a statement from ACWA Power, the plant's
construction is progressing well and is expected to be completed by the end of
2026, as reported by Luxury Launches.
Al Ghamdi highlighted recent advancements, including the
procurement of initial supplies, ongoing installation work, and anticipated
additional deliveries this year. With $8.4 billion in funding, the project aims
to produce four million tonnes of clean hydrogen annually by 2030.
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Arabia's Neom Green Hydrogen Project to become a trend-setter in clean energy
Upon completion, the plant will deliver 600 tonnes of
carbon-free hydrogen daily, sufficient to power approximately 20,000 hydrogen
buses.
Source: Geo TV
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