South Korean consortium to build $1bn UAE hydrogen project

10 Jun 2022
South Korean consortium to build $1bn UAE hydrogen project

Three South Korean companies have signed an agreement to build a $1bn green hydrogen and ammonia production plant at the Khalifa Industrial Zone Abu Dhabi (Kizad) in Abu Dhabi, UAE

Three South Korean companies have signed an agreement to build a planned $1bn green hydrogen and ammonia production plant at the Khalifa Industrial Zone Abu Dhabi (Kizad) in Abu Dhabi, UAE.

Korea Electric Power Corporation (Kepco), Samsung C&T and Korea Western Power, along with UAE firm Petrolyn Chemie, have signed agreements to develop a plant with a production capacity of 200,000 tonnes of green ammonia a year.

The plant is being developed by the UAE’s Helios Industry, the special purpose vehicle established to develop the green hydrogen and ammonia facility.

The plant will be built in two phases in the Kizad Industrial Area, with the first phase due to produce 35,000 tonnes before the second phase will raise the capacity to 200,000 tonnes a year. The project will be powered by 800MW of solar power and produce the 200,000 tonnes of ammonia from 40,000 tonnes of green hydrogen.

Energy & Utilities reported in April that the technical and financial feasibility studies had been completed for the project.

In August 2021, Germany’s Thyssenkrupp was appointed by Helios Industry as technical adviser for the scheme. The planned facility will integrate Thyssenkrupp’s green hydrogen and green ammonia technologies with the first phase set to incorporate a multi-megawatt electrolyser plant.

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