ACWA Power flags off green hydrogen project despite global headwinds

The Yanbu Green Hydrogen Project strengthens Saudi Arabia's global energy-export role alongside the ongoing NEOM venture, underscoring the Kingdom's decarbonisation and Vision 2030 ambitions

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SAUDI Arabia's bold foray into the global hydrogen economy continues with ACWA Power having awarded a convertible front-end engineering design (FEED) contract for its Yanbu Green Hydrogen Project.

This transformative development positions the Kingdom even more firmly as a leader in decarbonisation and green-energy exports.

Located in Yanbu Industrial City on the Red Sea coast, the project will harness an ambitious 5 GW each of wind and solar power, paired with up to 4.4 GW in electrolysis capacity.

The resulting 400,000 tonnes of green hydrogen per year will be converted into about 2.5 million tonnes of green ammonia, and is designed for export to support hard-to-abate industries worldwide.

Set to become fully operational by 2030, this facility will significantly boost the Kingdom's clean-energy credentials.

The FEED contract was awarded to Spain's Tecnicas Reunidas and China's Sinopec Guangzhou Engineering, marking a critical first step in designing the complex and proposing an engineering, procurement and construction (EPC) plan.

The FEED phase will span 10 months, marking a concrete progression from the project's pre-FEED stage into more advanced development.