GE wins Neom substation deal
12 June 2023
India's Larsen & Toubro, the engineering, procurement and construction (EPC) contractor for the utility infrastructure of the $8.4bn Neom green hydrogen project in Saudi Arabia, has awarded GE Grid Solutions a contract to supply 380-kilovolt (kV) T155 gas-insulated substations (GIS) for the scheme.
Located in Oxagon at Neom in northwestern Saudi Arabia, the project aims to produce 600 tonnes a day of carbon-free hydrogen using solely wind and solar power by the end of 2026.
GE’s GIS and the 1.5 breaker configuration will "help ensure uninterrupted operation at the hydrogen plant and the wind and photovoltaic plants, which will produce captive energy for the plant".
GE’s switchgear will also support the primary grid by increasing power supply reliability, the firm said
The company will be responsible for designing, manufacturing, supplying and supervising the installation and commissioning of the 92 bays of GIS for the plant.
The equipment is being manufactured at Grid Solutions’ site in Aix-Les-Bains, France.
Grid Solutions is part of the US-based firm's Vernova businesses portfolio.
Larsen & Toubro won the EPC contract to build a 2,200MW solar photovoltaic plant, a 1,650MW wind generation balance of plant, and a 400 megawatt-hour (MWh) battery energy storage system to support the Neom green hydrogen project.
It will also build three 380 kV substations, 306 kilometres of 380kV overhead lines, and underground cables required for the kingdom’s electrical grid.
Saudi utility developer Acwa Power, the US' Air Products and Neom equally own Neom Green Hydrogen Company (NGHC), the special project vehicle for the $8.4bn green hydrogen-based ammonia production plant in Oxagon.
The project reached financial close in May, with 23 banks and investment companies backing the deal.
In addition to being the exclusive offtaker of the ammonia produced at the plant, Air Products is the nominated contractor and system integrator for the entire facility, with a contract valued at $6.7bn.
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EditorRead the April issue of MEED Business Review
Employment and investment opportunities in a low or no-tax environment have been key attractions for people and businesses located in the GCC for decades. Another crucial factor has been safety and security.
That reputation has been tested by the missile and drone attacks that began on 28 February. Whether the GCC’s safe haven status has been damaged depends on perspective.
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Safety concerns vary. In many parts of the world, higher levels of crime are an everyday worry for residents and businesses. For some, the GCC may still feel like the better option, provided the current tensions do not become the new normal.
How this question is answered will play an important role in how the region’s economies perform in the period ahead. If confidence returns quickly and the risk is seen as contained and manageable, investment and hiring will likely rebound faster than many expect. If uncertainty persists or escalates, the road to recovery will be a long one.
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The works form part of Dubai’s wider efforts to strengthen flood resilience and support sustainable urban infrastructure development.
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Solar photovoltaic capacity in the sultanate is projected to rise from 1.54GW in 2024 to 23.26GW by 2031. Wind capacity is expected to grow from 120MW to 6.75GW,
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