European technology providers will build worlds largest green hydrogen project. The ammiona plant, planned in northwestern Saudi Arabia, will produce 650 tonnes of hydrogen per day.
Air Products signs an agreement with ACWA Power and Neom for the construction of a large scale ammonia production facility using green hydrogen. The facility will produce green ammonia for export. The production facility, which requires an investment of $5 billion, will be owned in equal shares by the three partners. The project will be built in Neom: a new model for a sustainable society in the northwestern part of Saudi Arabia.
The joint venture project for the construction of the new ammonia plant is Neom’s first partnership with leading international and national partners active in renewable energy. The project is an important pillar of the strategy, which should make Neom a major player in the global hydrogen market.
Based on proven technology, the plant integrates in an innovative way the generation of more than four gigawatts of renewable energy from solar and wind power. The plant uses thyssenkrupp technology for the production of 650 tonnes of hydrogen per day from electrolysis. The nitrogen for the production of ammonia will be delivered by an air separation unit with Air Products technology. And the 1.2 million tonnes of green ammonia per year will be produced using Haldor Topsoe technology. The project is scheduled to come on stream in 2025.
Air Products will be the exclusive customer for the green ammonia and plans to offer it all over the world. For example for the production of green hydrogen for the transport sector.
Mohammad A. Abunayyan, CEO of ACWA Power: ‘This project is in line with our vision for 2030 and the ambition of our Crown Prince Mohammed bin Salman to make Neom the global pioneer of sustainable living. The board and management of ACWA Power are proud to be part of this globally unique and groundbreaking investment. ACWA Power has a track record in the development of renewable technology to provide carbon-free energy at the lowest possible cost.’