Construction of the $8.4B World’s Largest Green Hydrogen Plant Commences in Saudi Arabia

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In recent reports, the Kingdom of Saudi Arabia has commenced the construction of one of its mega projects, the world’s largest green hydrogen plant. The construction of the green hydrogen plant in Saudi Arabia is paramount to realizing the Crown Prince’s sustainability vision. Expected to be the world’s largest hydrogen plant, the project is now formally under construction. The project is expected to take about two years, with the completion year set for 2026. Furthermore, the contracted company, ACWA Power, noted in a statement that the project also brings Air Products on board.

The CEO of Neom Green Hydrogen Co., Wesam Al-Ghamdi, revealed that the plant’s construction in the floating port “Oxagon” is advancing significantly. Al-Ghamdi highlighted recent developments, such as the procurement of initial supplies, installation work, and the expectation of more deliveries this year. The CEO also reaffirmed that he aims for significant construction progress this year, gearing up for full operations by 2026.

The Significance of the Construction of the World’s Largest Green Hydrogen Plant

Once completed, the significance of the world’s largest hydrogen plant is expected to be unprecedented. Once completed, the hydrogen plant will deliver 600 tons of carbon-free hydrogen daily. This is enough to power around 20,000 hydrogen buses. Moreover, this news fuels hope for those eager to see Neom City shape up as planned. The hydrogen plant shows progress, indicating hope for other projects to fall in line. Once completed, the plant holds immense potential for reducing carbon emissions in the atmosphere. The project is also expected to benefit the country in terms of revenue earned from exports of green ammonia. Once the plant at NEOM is operational by 2026, 100% of the green hydrogen produced will be available for global export in the form of ammonia through an exclusive long-term agreement with Air Products. Funding Secured for World's Largest Green Hydrogen Plant - H2 IQ

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The State of Affairs Regarding the Hydrogen Plant Project

An equal joint venture between NEOM, Air Products, and ACWA Power, the world’s largest green hydrogen plant is based on proven world-class technologies. It will include the innovative integration of a combined capacity of around four gigawatts of renewable power from onshore solar, wind, and storage. Furthermore, the engineering, procurement, and construction (EPC) contract has been awarded to the Indian company Larsen & Toubro (L&T). Neom Green Hydrogen Company oversees the engineering, procurement, and construction, while Air Products works as a contractor and system integrator for the entire facility. Nadhmi Al-Nasr, Chairman of Neom Green Hydrogen Company and Chief Executive Officer of Neom, said: “At scale, this project is the first-of-its-kind internationally, leading the world in the hydrogen revolution.”

Other Similar Construction Projects Across the Globe

Like the world’s largest green hydrogen plant, one of the world’s biggest projects using solar and wind power to produce hydrogen started construction in Ordos, Inner Mongolia’s autonomous region. It is being built by Sinopec Star Co, a wholly owned subsidiary of China Petrochemical Corp, or Sinopec – the world’s largest refiner by volume and the country’s biggest geothermal developer. When put into production, the project is expected to reduce carbon dioxide emissions by the equivalent of 1.43 million tons per year, contribute nearly 600 million yuan to local GDP per year, and generate tax revenue of nearly 30 million yuan each year, according to the company.

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Progress on the world’s largest hydrogen plant, NEOM Saudi Arabia