NGHC - NEOM Helios Green Fuels: Renewable Energy Project

General Information
Owner NEOM Green Hydrogen Company
Masterplan Project (Parent Profile) NGHC – NEOM City: Helios Green Fuels Project – Saudi Arabia
Location Tabuk Province, Saudi Arabia
Status --
Sector Power, Generation, Solar Power Farm
Contract Type Engineering Procurement Construction (EPC)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 19
Estimated Budget Value ---
Contract Value 1840
Net Value $1840m
Award Date November 2021
Completion Date December 2024
Last Updated On June 2022
ProjectId (Old, New) 335575, 335575

NEOM Green Hydrogen Company(NGHC), an SPV formed by ACWA Power, NEOM, and Air Products is undertaking the development of a 4000MW renewable energy project as a part of NEOM Helios Green Fuels Project in Saudi Arabia.

The electricity from the project is used in an electrolyzer to split the oxygen from the hydrogen in the water for ammonia plant.

The US$2,300 million project includes the following:

1. Construction of solar park (2,930MW)

2. Construction of wind park (1,370MW)

3. Construction of 380kV solar PV substation

4. Construction of 380kV wind farm substation

5. Construction of 380kV load substation

6. Construction of 380kV 200km overhead transmission line

7. Construction of associated facilities

Second Section

15 June 2022

The Solar and Wind Power Park projects - Larsen & Toubro (L&T) has been appointed as the EPC contractor on the project. (Source: MEED)

27 May 2022

The capacity of the solar power and wind power plant is expected to be around 2,930MW and 1,370MW respectively and a 400MW Battery Energy Storage System (BESS). The selected EPC contractor will supply renewable energy to the planned 2GW electrolysis plant. (Source: MEED)

23 May 2022

The Solar and Wind Power Park projects- The EPC contractor is not yet announced however it is understood that Power China Huadong is the preferred EPC contractor on the project. (Source: MEED)

08 December 2021

Power China Company is working as Engineering, procurement, and construction (EPC) Contractor for the Substation & Transmission Line Project.

03 November 2021

The Solar and Wind Power Park projects are still in the initial stages of development.

10 August 2021

Solar and Wind Power Park are still in the initial stages of development and there is no news regarding the main contract tender issue yet.

07 June 2021

The project Solar Power Park and Wind Power Park is in the initial study stage. (Source: MEED)

22 March 2021

NEOM Helios Green Fuels: Infrastructure Facility is in the early stage of development.

21 December 2020

Thyssenkrupp will supply a 20MW electrolysis plant to produce hydrogen from solar and wind power park. (Source: MEED)

27 November 2020

The developers has issued Request for proposal (RFP) and the bid submission date is yet unknown.

07 July 2020

ACWA Power announced the signing of an agreement for the renewable power project.