- The $5 billion facility will be located in NEOM, Saudi Arabia.
- The project will produce 650 tons of hydrogen per day and 1.2 million tons of green ammonia per year.
- The facility will be powered by over four gigawatts of renewable energy.
- The project is scheduled to be operational by 2025.
Project Overview
Air Products, ACWA Power, and NEOM have signed an agreement to develop a $5 billion green hydrogen-based ammonia production facility in NEOM, Saudi Arabia. The facility will be powered entirely by renewable energy and aims to produce green ammonia for export to global markets.
Production Details
The project will integrate over four gigawatts of renewable power from solar, wind, and storage. It will produce 650 tons of hydrogen per day using thyssenkrupp technology, nitrogen by air separation using Air Products technology, and 1.2 million tons of green ammonia per year using Haldor Topsoe technology. The facility is expected to be operational by 2025.
Global Impact
Air Products will be the exclusive off-taker of the green ammonia, which will be transported globally to produce green hydrogen for the transportation market. The project is anticipated to save over three million tons of CO2 emissions annually and eliminate pollutants equivalent to those from over 700,000 cars.
Strategic Importance
This joint venture marks NEOM's first partnership with leading international and national partners in the renewable energy field. It is a key element in Saudi Vision 2030, contributing to the Kingdom’s clean energy and circular carbon economy strategy. The project positions NEOM as a major player in the global hydrogen market and a pioneer in sustainable living.
