Energy tech company Baker Hughes has been selected by industrial gases company, Air Products, to supply advanced hydrogen compression technology for the NEOM carbon-free hydrogen project in Saudi Arabia, it was announced on Wednesday.
In July 2020, Saudi companies NEOM and ACWA Power signed an agreement with Air Products to set up a $5 billion green hydrogen-based ammonia production facility powered by renewable energy in the kingdom.
Air Products and Baker Hughes said in a joint statement that they will embark on a “strategic global collaboration to develop next generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as a zero-carbon fuel.”
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