The NEOM Green Hydrogen Project (NGHP), which is anticipated to be put into service in 2026, has inked financing agreements for a total investment of $8.5 billion with Saudi Arabian utility developer ACWA Power, which is partially owned by the sovereign Public Investment Fund.
According to a financial update from co-developer Air Products, the Neom green hydrogen mega-budget project’s has increased by 70% to…
The first industrial license was granted to NEOM Green Hydrogen Co. at OXAGON by the Saudi Arabian Ministry of Industry and Mineral Resources, according to the Saudi Press Agency.
Acwa Power, which is building a $5 billion green hydrogen-based ammonia production plant in Neom, Saudi Arabia, aims to “replicate” the project overseas.
NEOM Green Hydrogen Co. (NGHC) revealed that Larsen & Toubro (L&T) has been chosen as the sub-EPC contractor for its sizable green hydrogen facility in Saudi Arabia.
NEOM Green Hydrogen Company (NGHC) has inked credit facility agreements with local, regional, and international banks.
Alfa Laval, a Swedish provider of industrial solutions, has been given a contract to provide small heat exchangers for the world’s biggest green hydrogen plant now being built in Saudi Arabia.
The $5 billion Neom project in the northwest of the kingdom is “very much on pace” to be completed as planned in 2026.
The facility will be a component of Neom, a city that was created from the ground up in the northwest desert with the goal of creating a new paradigm for sustainable living.
Meed, citing an industry source, said that the solar and wind power projects targeted at supplying electricity to the planned…
