Air Products, ACWA Power and Saudi Arabia’s NEOM have signed an agreement for $5bn green hydrogen-based ammonia production facility in Saudi Arabia.

Powered by renewable energy, the joint venture project will be equally owned by the three partners.

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Equipped to produce green ammonia for global exports, the project will be located in NEOM, a new model for sustainable living located in the north-west corner of Saudi Arabia.

Air Products chairman, president and CEO Seifi Ghasemi said: “Harnessing the unique profile of NEOM’s sun and wind to convert water to hydrogen, this project will yield a totally clean source of energy on a massive scale and will save the world over three million tons of CO2 emissions annually and eliminate smog-forming emissions and other pollutants from the equivalent of over 700,000 cars.”

Air Products will serve as an exclusive off-taker of the green ammonia from the plant, which is scheduled for commissioning in 2025.

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The project will integrate over four gigawatts of renewable power from solar, wind and storage; production of 650t per day of hydrogen by electrolysis using thyssenkrupp technology; production of nitrogen by air separation using Air Products’ technology; and production of 1.2 million tonnes per year of green ammonia using Haldor Topsoe technology.

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ACWA Power chairman Mohammad Abunayyan said: “Based in NEOM’s Industrial Cluster, and enabled by its unique mandate, this investment will integrate and localize cutting-edge technologies that will harness solar and wind power to produce sustainable and globally accessible green energy.”

NEOM CEO Nadhmi Al Nasr said: “This is a pivotal moment for the development of NEOM and a key element in Saudi Vision 2030 contributing to the Kingdom’s clean energy and circular carbon economy strategy.”

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The new ammonia production facility will be located in NEOM in the nort-west corner of the Saudi Arabia. (Credit: Jürgen Rübig from Pixabay)