Saudi Crown Prince MBS has started construction on the world’s largest green hydrogen project, which will power the Neom city. The $8.4 billion plant will produce a whopping 25 tons of hydrogen every hour.

Image used for representation only.

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’s sustainability vision for Neom. Touted to be 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.

Currently under construction, The Line project will be powered by green energy. Image – 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.

Also read -  Saudi Arabia's crown prince MBS is building a sea horse shaped luxury island in the Red Sea - Bigger than Disneyland, the first of its kind destination for the ultra rich will have two golf courses, luxury hotels, yacht club, residences and more.

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. Only last month, for the first time, Neom City canceled a 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.

Also read -  Sindalah, a sea-horse shaped luxury island being built by Saudi crown prince MBS is all set to become the Red Sea's leading superyacht destination

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.”

Tags from the story
Written By
With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.