The global construction market is forecasted by GlobalData to grow by 1.8% in real terms in 2024, having grown by 1.7% in 2023. While the residential construction market in many countries will decline, this will be offset by high growth in the infrastructure sector, with output rising by 8.3% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Driving growth in the market in 2022 and over the remainder of the decade are a potential 135 mega hydroelectric projects, costing over $100m each. Here are the largest hydrogen construction projects initiated globally in Q3 2024, according to GlobalData’s construction projects database.
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1. Dalian Hydrogen-Based Energy Center
The project involves the construction of a hydrogen-based energy center in Changxiang Island, Dalian, China.
Construction work started in Q3 2024 and is expected to be completed in Q4 2027.
2. Siziwang Banner Wind-Solar-Hydrogen-Ammonia Integrated Facility
The project involves the construction of a wind-solar-hydrogen-ammonia integrated facilities in Siziwang Banner, Ulanqab, Inner Mongolia, China.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2027.
3. Changji Mulei Hyderogen Production Plant
The project involves the construction of a hydrogen production plant in Mulei County, Changji, Xinjiang, China.
Construction work started in Q3 2024 and is forecast to complete in Q4 2027.
4. Refhyne II Renewable Hydrogen Electrolyser 100MW
The project involves the construction of an electrolyzer hydrogen production plant in Rheinland-Pfalz, Germany.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2027.
5. Bristol Springs Hydrogen Plant
The project involves the construction of a green hydrogen plant to produce 4.4 million kilograms of green hydrogen per annum in Western Australia, Australia.
Construction work started in Q3 2024 and is expected to be completed in Q4 2025.
The project delivers a relatively low-cost energy solution connected to the backbone of the South West Interconnected System (SWIS).
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