Saudi-China Agreement to Produce Green Hydrogen and Ammonia
Saudi Hydrogen Energy Company has signed a strategic partnership agreement with China's China National Engineering Construction Corporation (CNCEC) to develop an integrated project for the production of green hydrogen and ammonia on the Red Sea coast between Jeddah and Jazan, with an estimated investment of around $5 billion. The project aims to establish facilities capable of producing one million tons annually of green ammonia, and to develop an integrated value chain for green hydrogen and ammonia within Saudi Arabia to support sustainability goals and energy security. The collaboration also includes technology transfer, the sharing of modern innovations, and strengthening partnerships between the Saudi and Chinese sectors in the field of clean energy, all within the framework of Saudi Arabia’s Vision 2030 to diversify the economy and boost investments in the sustainable energy sector.
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