NEOM Green Hydrogen Co. considering investments across the region

Energy firm NEOM Green Hydrogen Co. is considering investments and potential expansions across Saudi Arabia and beyond, a top official has revealed.  In an interview with Arab News on the sidelines of the Middle East and North Africa Climate Week in Riyadh, the company’s CEO, David Edmondson, discussed the energy transition journey in the MENA region, highlighting that a facility is slated to begin full-scale production of green ammonia by the end of 2026.

NGHC is a joint venture between ACWA Power, Air Products, and NEOM.  Apart from limiting carbon emissions and promoting sustainable development in Saudi Arabia, this project is expected to contribute to the country’s diversification efforts.  The firm is set to sell its goods through US-based company Air Products, which has agreed a 30-year offtake, according to Edmondson.

Edmondson further emphasized that NGHC’s efforts will play a significant role in fulfilling the Kingdom’s adherence to becoming the world’s largest exporter of carbon-free hydrogen.

Read the full story at Arab News

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