“ACWA owns directly or in part a total stable of plants producing nearly 6 million cubic meters per day of water desalination capacity and over 34 GW of power generation capacity. Fifteen percent of its energy production is through renewable energy projects, either solar or wind. The hydrogen plant in Neom would make ACWA one of the lead producers of green hydrogen and ammonia worldwide and one of the most important firms in Saudi Arabia, second only to Saudi Aramco.”
-Jean-François Seznec and Samer Mosis writing for the Atlantic Council analyze the recently signed joint venture agreement between Air Products of the United States, Neom and ACWA Power to build the largest green hydrogen and green ammonia plant in the world. [Atlantic Council]
