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.


Drug pollution in water is making salmon take more risks – new research
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
What’s so special about Ukraine’s minerals? A geologist explains
Rise of the Zombie Bugs takes readers on a jaw-dropping tour of the parasite world
Burkina Faso and Mali’s fabulous flora: new plant life record released
An unexpected anomaly was found in the Pacific Ocean – and it could be a global time marker
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Ukraine minerals deal: the idea that natural resource extraction can build peace has been around for decades
As the Black Summer megafires neared, people rallied to save wildlife and domestic animals. But it came at a real cost
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 



