Neom on track and eyeing expansions

Four key projects now underway designed to support and accompany the flagship Neom project

The $8.4bn Neom project in Saudi Arabia is on track to start producing 1.2mt/yr of green ammonia in 2026, with the developers now starting to think about the development’s next stages. The plant will produce green ammonia from 600t/yr of green hydrogen manufactured from 4GW of renewable power, making it the biggest facility of its type in the world. The entire offtake will be lifted and sold by the US’ Air Products in a 30-year deal. Earlier this year, Saudi Arabia’s Ministry of Industry and Mineral Resources awarded its first industrial operating licence to Neom Green Hydrogen Company, a joint venture of Saudi Arabia’s Acwa Power, Air Products and Neom. The project reached financial close i