Saudi Arabia’s $5bn green hydrogen plant could expand – exec
The plant, the world’s largest, will produce 650t/d of green hydrogen daily from 2025
The developers of Helios Green Fuels $5bn green hydrogen development on Saudi Arabia’s northern Red Sea coast are already thinking about expansion. Technology firms Neom and Air Products and Saudi utility Acwa Power signed a deal in July 2020 to build, own and operate the plant. The current plan is to use a 20 MW Thyssenkrupp electrolyser—powered by 4GW of renewable energy—to make green hydrogen that will be converted into ammonia. “We are already thinking about expansion” Kaeppner, Neom The intention is to expand, according to Roland Kaeppner, Neom’s executive director of hydrogen and green fuels. “We are already thinking about expansion, depending on how fast the market is going to
Also in this section
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter
16 April 2024
European Commission to provide list of approved certifiers in a move that is expected to help unlock investment in the sector
9 April 2024
Higher country-level risk and green hydrogen project execution risks are driving up financing costs, according to the Hydrogen Council and McKinsey