The NEOM Green Hydrogen Company has confirmed that its $8 billion clean energy project in northwest Saudi Arabia is nearing completion and remains on track for its planned launch later this year. The project’s 4-gigawatt solar and wind power generation capacity is scheduled to reach completion by mid-2026, according to ACWA Power, one of the three partners in the joint venture alongside Air Products and NEOM. A major ammonia export deal tied to the project is also reported to be close to finalisation, according to a partner statement released in February.
The NEOM Green Hydrogen Company represents one of the most ambitious clean energy infrastructure projects in the Middle East — and arguably the most technically complex. It combines four major components: a green hydrogen production facility, a wind energy farm, a solar power installation, and a high-voltage transmission grid. When operational, the complex will use renewable electricity generated by the wind and solar assets to power electrolysis processes that split water into hydrogen and oxygen, producing green hydrogen with zero carbon emissions in the process. That hydrogen is then converted into green ammonia for export.
Scale and Strategic Significance
The 4 GW of installed renewable energy capacity at the NEOM site is a benchmark figure in the clean energy sector — larger than the power generation capacity of many mid-sized countries and designed to make the facility one of the world’s largest green hydrogen producers once fully operational. The project began construction several years ago and, as of the start of 2025, had reached 80 percent completion across all four components, with construction continuing at pace despite the logistical challenges inherent in building at scale in a remote environment.
The strategic importance of the project sits at the intersection of two of Saudi Arabia’s most significant long-term priorities. On the energy transition side, the development of domestic green hydrogen capacity is part of the Kingdom’s commitment to reaching 50 percent renewable electricity generation by 2030. On the economic diversification side, the ability to export green ammonia — a compound in heavy demand globally as a carrier of clean hydrogen energy — creates a new revenue stream that reduces dependence on conventional oil and gas exports.
An Export Deal That Signals Market Readiness
The imminent finalisation of a major ammonia export agreement adds commercial reality to what has been, until now, primarily an infrastructure story. The existence of a committed off-take deal before the facility has even produced its first commercial output reflects the global appetite for large-volume, reliably sourced green ammonia and the confidence that buyers have in NGHC’s ability to deliver at the scale and quality the project promises.
First product availability from the facility is expected in 2027, providing a window for commissioning and quality testing between the completion of physical construction and the first commercial exports. The project’s completion would mark a milestone not only for NEOM but for Saudi Arabia’s positioning as a supplier of green energy to global markets.
