Name of the Project
Neom green hydrogen facility.

Location
Neom, Saudi Arabia.

Project Owner/s
NEOM Green Hydrogen Company, comprising NEOM, ACWA Power and Air Products.

Project Description
The project entails the construction of an electrolysis plant of more than 2 GW for one of the world’s biggest green hydrogen projects.

The project comprises the engineering, procurement and fabrication of the plant, based on thyssenkrupp Uhde Chlorine Engineers’ large-scale 20 MW alkaline water electrolysis module to produce 650 t/d of hydrogen, the production of nitrogen by air separation using Air Products technology, and the production of 1.2-million tons a year of green ammonia using Haldor Topsoe technology.

The plant will produce hydrogen, to be synthesised into carbon-free ammonia for export exclusively by Air Products to global markets.

Potential Job Creation
Not stated.

Capital Expenditure
The project is estimated at more than $8-billion.

Planned Start/End Date
Engineering and procurement activities have started, with production scheduled to start in 2026. 

Latest Developments
The project has become the first gigawatt-scale hydrogen scheme to reach a final investment decision, formalising the funding the project partners announced in March.

The Neom partners have signed agreements worth $8.4-billion with 23 local, regional and international lenders for the project, slightly less than the $8.5-billion previously announced.

The project received an industrial operating licence from the Saudi Ministry of Industry and Mineral Resources in January 2023, and approval in March to start construction.

Further, company description Air Products has been awarded the engineering, procurement and construction contract for the project, valued at an estimated $6.7-billion.

Land preparation is also complete, with construction well under way.

Key Contracts, Suppliers and Consultants
thyssenkrupp Uhde Chlorine Engineers (electrolysis plant) and Air Products (EPC).

Contact Details for Project Information
Air Products media contact Katie McDonald, tel +1 610 481 3673 or investor contact Simon Moore, tel +1 610 481 7461.
ACWA Power marketing and communications, tel + 971 4 248 0800 or emailcomms@acwapower.com.
Neom, email media@neom.com.