Neom City, a $1.5 trillion tourist destination of the future, is more than just luxury hotels and fancy villas. It represents an unprecedented way of life, paving the way for not only a better life but also a more sustainable way of living. The green hydrogen project in Saudi Arabia is imperative to realizing Crown Prince MBS’ sustainability vision for Neom. Touted as the world’s largest hydrogen plant, it is now formally under construction and is expected to be completed by the end of 2026, ACWA Power said in a statement. The Neom project will be jointly developed by ACWA Power, Air Products, and Neom.
The CEO of Neom Green Hydrogen Co., Wesam Al-Ghamdi, revealed that the construction of the plant 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 reaffirmed that he aims for significant construction progress this year, gearing up for full operations by 2026. An incredible $8.4 billion in funding has accelerated construction, with the ultimate aim of producing 4 million tons of clean hydrogen annually by 2030.
Once completed, the hydrogen plant will deliver 600 tons of carbon-free hydrogen daily, enough to power around 20,000 hydrogen buses. This news fuels hope for those eager to see Neom City shape up as planned. Just last month, Neom City canceled its first project, the $1.5 billion desalination plant that was to deliver 30% of the water for the gigaproject. However, with the hydrogen plant showing progress, there is still hope for other projects to fall in line.
The world’s largest hydrogen project—
Neom Green Hydrogen Company, in collaboration with ACWA Power, Air Products, and Neom, aims to become a pioneer of green ammonia production by 2026. Currently being built at Oxagon, NGHC is overseeing 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. Harnessing the energy of Neom’s abundant natural resources, NGHC’s project will pave the way for the large-scale adoption of green hydrogen, while driving Saudi Vision 2030’s sustainable development goals.”
