Neom Green Hydrogen Wind Project is a 1,370MW onshore wind 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 2023 and is expected to enter into commercial operation in 2026. Buy the profile here.
The project is being developed by Acwa Power. Neom, Acwa Power and Air Products Qudra are currently owning the project having ownership stake of 33.34%, 33.33% and 33.33% respectively.
The project cost is expected to be around $1,926.22m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2026.
Larsen & Toubro is expected to render engineering procurement construction services for the wind power project.
For more details on Neom Green Hydrogen Wind Project, 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.