Neom has already attracted eyeballs from across the globe for its landmark projects including the development of a green hydrogen based green ammonia production plant. The 5-billion-dollar project is claimed to establish the world’s largest green hydrogen plant in order to produce 650 tons of hydrogen everyday which will be synthesized to produce 1.2 million tons of green ammonia annually.

Haldor Topsoe, Skovgaard Energy and Vestas are working together to develop the world’s first dynamic green ammonia demo plant in Denmark. The plant’s dynamic approach will directly connect power from wind turbines and solar panels to the ammonia plant to enhance cost-effectiveness of the project.

SK Geo Centric (SKGC) and Purecycle Technologies have plans to develop the landmark project in Ulsan, South Korea. The facility is expected to have an annual capacity of 60,000 tons once complete and will help SKGC to supply a premium recycled plastic resin to the market.

Technip Energies together with Monford Group has secured an EPCC contract to develop a green hydrogen plant – Yuri, phase O in Australia. Awarded by Yuri Operations, the project is expected to produce up to 640 tonnes of green hydrogen annually and will be used in the existing Yara Pilbara Ammonia Plant to produce green ammonia.

Nel Hydrogen Electrolyser has secured an alkaline electrolyzer equipment contract from Woodside Energy for its H2ok hydrogen project which will be set up in Ardmore, Oklahoma, US. Woodside’s project will produce liquid hydrogen for hydrogen fuel cell-powered commercial and heavy transport vehicles.

Plug Power has secured an order by Lhyfe to supply ten 5 MW PEM electrolyzers for the production of green hydrogen which will be mainly used by the firm for various mobility applications in Europe, including forklifts and light commercial vehicles.

Eni and Enel Green Power have plans to develop two green hydrogen projects in Italy under its joint venture South Italy Green Hydrogen. The European Commission has approved a funding of 5.2 billion euros under its Ipcei Hy2use fund for the development of both the projects.

Gevo has broken ground for the development of its first commercial-scale sustainable aviation fuel (SAF) facility in South Dakota, USA. The project - Net-Zero 1 will produce low-carbon SAF and construction is expected to begin in 2023.

Topsoe has recently revealed its intention of achieving net zero emissions by 2040. The new targets are in line with the Science Based Target initiative (SBTI) Net-Zero Standard and have been announced post the firm made its earlier target of achieving net zero emissions from its own operations by 2030 public.

With an aim to expand the green hydrogen economy within Europe and across the globe, Cummins has plans to develop a new gigawatt PEM electrolyzer manufacturing plant in Guadalajara, Spain. The project is expected to produce 500 MW of electrolyzers annually and can be scalable to produce more than 1 GW every year.