Neom Green Hydrogen Solar PV Park is a 2,930MW solar PV power project. It is planned in Tabuk, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
Description
The project is being developed and currently owned by Acwa Power, Air Products Qudra and Neom. The owners have 33.33% stake in the project respectively.
Neom Green Hydrogen Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $2,124.25m.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
Contractors involved
Air Products Qudra and Larsen & Toubro are expected to render engineering procurement construction services for the solar PV power project.
For more details on Neom Green Hydrogen Solar PV Park, buy the profile here.
About Acwa Power
Acwa Power Co (Acwa Power), formerly International Company for Water and Power Projects, is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through oil, gas, solar and wind technologies. Acwa Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. Acwa Power is headquartered in Riyadh, Saudi Arabia.
About Air Products Qudra
Air Products Qudra focuses on developing, engineering, building, owning and operating many of the world's largest industrial gas projects. It is located in Saudi Arabia.
About Neom
Neom Co (Neom) focuses on the development of infrastructure projects. The company offers education, energy, entertainment and culture, financial services, food, health, well-being and biotech, manufacturing, media, mobility, sports, technology and digital, tourism and water projects. It constructs multiple and hyper-connected communities with walkable neighborhoods, public parks and the natural landscape based on Oxagon and The Line approaches. Neom builds industries and businesses; and creates blueprint for planning, designing and operating communities. The company also offers a range of investment opportunities across various industries. Neom is headquartered in Tabuk, Saudi Arabia.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
