ACWA Power to develop $4 bn green hydrogen project

The project will have a capacity of 600,000 tonnes per year of green ammonia, with an investment of more than $4 billion. AWCA investor and operator of power generation, water desalination and green hydrogen plants worldwide, The agreement was signed between ACWA Power and The Sovereign Fund of Egypt (TSFE), the Suez Canal Economic Zone

Important milestones achieved in NEOM green hydrogen project

NEOM Green Hydrogen Company, a joint venture created by ACWA Power, Air Products and NEOM, has awarded an engineering, procurement and construction (EPC) contract to Indian Larsen & Toubro (L&T) for the planned mega green hydrogen plant in Saudi Arabia. NGHC announced that the contract was signed by its joint venture partner and EPC contractor