ENOWA to expedite NEOM’s Sustainable, Smart Energy & Water System Initiatives

  • Date: 21-Mar-2022
  • Source: GCC Business News
  • Sector:Oil & Gas
  • Country:Gulf
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ENOWA to expedite NEOM’s Sustainable, Smart Energy & Water System Initiatives

Saudi Arabia’s megacity project NEOM has unveiled its subsidiary company ENOWA, which will accelerate the development of NEOM’s world-class, sustainable and smart energy and water systems.

Work on developing these utilities has already begun to provide the critical infrastructure for NEOM’s key projects namely; THE LINE, its revolutionary urban development, OXAGON, its revised industrial city and TROJENA, its sustainable mountain tourism destination.

OXAGON has been actively seeking tenants for its manufacturing hub, and supply of energy and water is essential.

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NEOM’s mission is to ensure 100% renewable energy for all NEOM residents and businesses. This will be the world’s first project to enable it on a scale, and NEOM will provide a platform for other sustainable projects around the world.

ENOWA represents NEOM as a major shareholder in the world’s largest green hydrogen production plant in a joint venture with Air Products and ACWA Power. The upcoming Green Hydrogen plant is expected to be the first of many similar plants to make NEOM a hub for green hydrogen production and innovation. Green hydrogen will be exported and used in NEOM for a variety of solutions, including fueling clean, autonomous electric vehicles.

Run on 100 percent renewable energy, Neom’s water and sewage system will deliver water