Saudi-China Agreement to Develop Green Hydrogen and Ammonia Project
The Saudi Hydrogen Energy Company and China National Engineering Construction Corporation Seven Ltd have signed a strategic partnership agreement to develop a project for producing green hydrogen and green ammonia along the Red Sea coast between Jeddah and Jazan. The investment plan ranges between 4 and 5 billion dollars and relies on renewable energy sources such as solar and wind. The project aims to produce approximately one million tons annually of green ammonia, supporting Saudi Arabia's efforts to achieve clean energy goals and diversify its energy sources, while also facilitating technology transfer and developing an integrated value chain within the kingdom.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)