NGHC - NEOM Helios Green Fuels: Renewable Energy Project
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
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.