GE Grid Solutions Secures Key Contract for Neom's Massive $8.4B Green Hydrogen Plant

GE Grid Solutions has been granted a significant contract to provide T155 gas-insulated substations for the forthcoming Neom Green Hydrogen Plant, a cutting-edge $8.4 billion facility set to produce 600 metric tons of green hydrogen daily in Saudi Arabia.

The facility, which will be constructed at Oxagon in the province of Tabuk, is set to commence production by the end of 2026 and with a capacity to generate 600 metric tons of green hydrogen daily. This project, estimated at $8.4 billion, will be supported by up to 4 GW of solar and wind capacity constructed by Larsen & Toubro (L&T), which will also establish renewable energy generation, storage, and grid infrastructure for the project.

GE's solutions will ensure uninterrupted operation at the hydrogen plant and the wind and photovoltaic plants, powering the site's electrolyser and increasing the power supply reliability for the primary grid. The 92 bays for the hydrogen plant, which will be designed, manufactured, supplied, installed, and commissioned by GE Vernova, are currently being manufactured in France.

The Neom site, which will reside at Oxagon in the province of Tabuk, will have the might and muscle to produce 600 tonnes of green hydrogen daily, with the full opening ceremony penciled in for the triumphant arrival of 2026.

In yet another win for clean energy, Air Products has awarded green technology company Envision Energy a contract to supply 1.67GW wind turbines for the NEOM Green Hydrogen Project. The Neom Green Hydrogen Company is an equal joint venture between ACWA Power, Neom, and Air Product.

According to Zhang Lei, CEO of Envision Energy, the transaction marks a key turning point for all the businesses engaged and the sectors at large.

The financial close on the hydrogen manufacturing facility, with a total investment value of $8.4 billion, was first announced by NEOM Green Hydrogen Company in March. The corporation also reached a $6.7 billion engineering, procurement, and construction agreement with Air Products.

Photo: Tyler A. McNeil/Wikimedia Commons(CC BY-SA 4.0)