Neom green hydrogen plant steps up to next level

Neom’s green hydrogen plant is “advancing significantly” with prominent construction as soon as they successfully secured funding of $8.4 billion last year, as per a local media report.

With full operations to start by 2026, the company expects significant construction progress on the plant in 2024, Wesam Al Ghamdi, CEO of Neom Green Hydrogen Company, told Asharq Al Awsat, according to Zawya.

To receive key supplies at the Neom site, he disclosed that basic construction works were completed last year.

At the Port of Neom in northwest Saudi Arabia in November 2023, the developer of the world’s largest carbon-free green hydrogen plant received its first wind turbine delivery.

The CEO said the one in Neom stands out as the only fully funded project, while many green hydrogen projects worldwide are still in the early planning stages.

By 2026, Al Ghamdi expects scaling up green hydrogen production at the lowest cost possible.

For global export, the plant is anticipated to produce 600 tonnes of carbon-free hydrogen daily and 1.2 million tonnes of green ammonia yearly. Up to 5 million tonnes of carbon dioxide has been aimed to be offset annually.

“The company will have a special pier to ship hydrogen as ammonia directly from its site,” the CEO said.