News

Supply Contract Awarded for NEOM’s Hydrogen Mega-Development

Jinko Solar, a leading solar and energy storage company based in China, announced a significant contract win from Indian engineering and construction giant Larsen & Toubro (L&T). This contract involves the supply of 1GW of their high-efficiency solar PV modules for one of L&T’s premium initiatives at the Saudi futuristic city, NEOM. This development marks a pivotal step in advancing the ambitious NEOM Green Hydrogen Project, currently under construction at the Oxagon site.

The groundbreaking NEOM Green Hydrogen Project is a collaborative effort co-owned by NEOM, Saudi utility giant Acwa Power, and US-based Air Products, a world leader in industrial gases. This mega-plant is designed to integrate wind and solar power, aiming to produce an impressive 600 tonnes of carbon-free hydrogen daily by the end of 2026. The hydrogen will be converted into green ammonia, a clean-burning fuel for transportation and industries, showcasing a significant leap towards sustainable energy solutions.

Under the Power Elements package, L&T has been awarded the engineering, procurement, and construction contract for a 2.2 GWac PV solar plant, a 1.65 GW Wind Generation Balance Plant, and a 400 MWh Battery Energy Storage System. Additionally, the Indian construction conglomerate will set up three units of 380 kV Switching Stations and 306 km of 380 kV overhead lines required for the kingdom’s grid network. These features underscore the project’s scale and technological sophistication, aligning with Saudi Arabia’s Vision 2030 to lead the global shift towards clean energy.

The establishment of the world’s largest green hydrogen initiative in the Saudi futuristic city represents a monumental stride towards a sustainable future for the region. Jinko Solar emphasized that this endeavor directly supports Saudi Arabia’s commitment to clean energy through pioneering developments like this. The initiative not only aligns with the Kingdom’s ambitious Vision 2030 but also sets a global example for integrating renewable energy sources to combat climate change and reduce carbon emissions.

For more information please visit: https://www.bncnetwork.net/