World's Largest Green Hydrogen Plant in Saudi Arabia: Expansion and Innovation in Renewable Energy
Key Ideas
  • NEOM Green Hydrogen Company (NGHC) launches recruitment drive for construction and operations phases of the 600-tonnes daily green hydrogen plant by 2026.
  • H-TEC Systems rebrands to Quest One and opens a new production site in Hamburg, Germany, marking a significant growth in electrolysis stack production.
  • Ronn expands collaboration with Hydrogen Energy Systems to develop low-pressure hydrogen storage solutions in North America, potentially revolutionizing green energy storage.
  • Hystar awards ThyssenKrupp Automation Engineering the contract to supply an automated electrolyzer manufacturing line for its 4.5 GW factory in Norway, aiming to increase efficiency and capacity.
NEOM Green Hydrogen Company (NGHC) in Oxagon, Saudi Arabia, is set to become the world's largest green hydrogen plant by the end of 2026. ACWA Power, Air Products, and NEOM are equal partners in this venture, aiming to produce 600 tonnes of carbon-free fuel daily. The plant's construction and operations phases are progressing on schedule, with a recent recruitment drive across various functions to build a talented team. In other news, H-TEC Systems rebranded to Quest One and established a new production site in Hamburg, Germany, to enhance electrolysis stack production. Collaboration between Ronn and Hydrogen Energy Systems focuses on developing low-pressure hydrogen storage solutions in North America. Furthermore, Hystar has contracted ThyssenKrupp Automation Engineering to supply an automated electrolyzer manufacturing line for its factory in Norway, aiming to boost efficiency and capacity. The hydrogen fueling station market is also poised for significant growth, with revenues estimated to increase from $0.5 billion in 2024 to $1.8 billion by 2030, driven by various strategic initiatives in the industry.
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