Saudi Arabia’s Ministry of Industry and Mineral Resources has issued the first industrial operating license in Oxagon for NEOM Green Hydrogen Company (NGHC), an equal joint venture between NEOM, ACWA Power and Air Products, state news agency SPA said.
NGHC's green hydrogen plant is being built in Oxagon, the NEOM giga project’s advanced and clean industries cluster.
Key points of the multi-billion-dollar project are as follows:
- NGHC will be world’s largest at-scale green hydrogen production plant on completion
- It is the flagship green hydrogen tenant within the wider renewable energy industrial ecosystem at Oxagon
- The plant will start producing green hydrogen from 100 percent renewable energy sources in 2026
- The facility will produce up to 1.2 million tonnes of green ammonia annually, and 600 tonnes of green hydrogen per day
- The green ammonia will be exported to global markets, supporting decarbonisation of heavy-duty transport sector.
- The plant will reduce up to five million tonnes of CO2 per year
- Air Products is the engineering, procurement, and construction (EPC) contractor and system integrator
- The facility will run on around 4 gigawatts (GW) of wind and solar energy and produce green hydrogen using 2.2GW electrolysis technology supplied by thyssenkrupp nucera
-- Haldor Topsoe will provide technology to produce the green ammonia
-- Baker Hughes has been selected technology partner for hydrogen compression
-- Air Products will deploy its own air separation technology
(Writing by D Madhura; Editing by Anoop Menon)