Construction at Neom Green Hydrogen Project is 80% Complete
06.03.2025 By Tank Terminals - NEWS

June 03, 2025 [Renewables Now]- Construction works at the 2.2-GW Neom green hydrogen project in northwestern Saudi Arabia are advancing, reaching 80% completion amid reports about weak demand, with only one committed international buyer secured so far.

 

The green hydrogen facility, wind and solar energy plants and transmission grid are already 80% completed as equipment is being received and installed, including wind turbines, hydrogen storage vessels, electrolysers, cold box and pipe racks, co-owner Air Products has announced.

The US industrial gases company, which is the sole offtaker and owner of about a third of the project, reaffirmed that the 4 GW solar and wind power generation sites are scheduled for completion by mid-2026. The first ammonia availability is expected in 2027, as planned.

The announcement comes on the heels of a report by Bloomberg suggesting that the developers of the USD-8.4-billion (EUR 7.35bn) project are weighing plans to slow the full buildout due to the lack of offtakers.

The output from Saudi Arabia’s flagship green hydrogen project was originally intended primarily for export, but as demand for green hydrogen on international markets is weaker than expected, the focus is reportedly being shifted to domestic consumption, which, however, remains uncertain.

 

TankTerminals.com is a market research platform with logistical, operational, infrastructural and shipping data that includes contact details of more than +9,600 tank terminals and +6,000 production facilities worldwide.

Access data. Decide better. See how.

South Australia to Host HAMR Energy’s First-of-its Kind Methanol-to-Jet Fuel Facility
03.03.2026 - NEWS
March 03, 2026 [HAMR Energy]- Leading low carbon liquid fuels (LCLF) company HAMR Energy has toda... Read More
DOE Approves Export Expansion at Corpus Christi LNG
03.03.2026 - NEWS
March 03, 2026 [Hydrocarbon Engineering]- US Secretary of Energy, Chris Wright, has signed an exp... Read More
SK Innovation Explores Sale of Controlling Stake in Korea Pipeline Corp.
03.03.2026 - NEWS
March 03, 2026 [Pipeline Technology Journal]- SK Innovation is reportedly seeking to divest its c... Read More
China’s Renewable Boom Masks a Quiet Coal-to-Liquids Expansion
03.03.2026 - NEWS
March 03, 2026 [Oil Price]- China’s power sector is undergoing a visible transformation. Electr... Read More