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NEOM: ‘World’s largest floating industrial complex’ to include $5bn green hydrogen project
© NEOM

NEOM: ‘World’s largest floating industrial complex’ to include $5bn green hydrogen project

NEOM is set to feature a $5bn green hydrogen production project on the world’s largest floating industrial complex, revealed by the group on Tuesday (Nov 16).

NEOM, a $500bn futuristic mega-city powered by renewable energy, will include a floating industrial complex that includes a number of renewable energy projects including facilities for the world’s largest green hydrogen project involving Air Products, ACWA and NEOM costing $5bn.

Read more: Hyzon, Modern Group to provide a hydrogen-powered assembly line to NEOM
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Saudi Arabia’s $180bn decarbonisation pledge could support hydrogen

In doing so, the OXAGON complex will showcase to the world what renewable energy can achieve with a number of innovative applications set to feature both in the industrial complex and in the NEOM city.

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