Helios Industry to build AED 3.67bn green ammonia facility in KIZAD

UAE - Mubasher: Helios Industry, a privately-owned special project vehicle company (SPV), has planned to invest more than AED 3.67 billion ($1 billion) in building a green ammonia production facility to target regional and international markets.

To be located in Khalifa Industrial Zone Abu Dhabi (KIZAD), the facility is expected to produce 200,000 tonnes of green ammonia from 40,000 tonnes of green hydrogen, according to a recent press release.

To be developed with local and international partners in two phases, the facility will be powered by a dedicated 800-megawatt solar power plant within KIZAD, with a capacity of 100MW in phase 1.

The plant will be the first production plant within Abu Dhabi to produce green ammonia from hydrogen using renewable energy, it will use solar power to electrolyse water and split molecules into hydrogen and xygen.

The Head of Industrial Cities & Free Zone Cluster at Abu Dhabi Ports, Abdullah Al Hameli, said: "The adoption of sustainability and green technology has gained significant traction within the GCC and greater MENA region over the past few years."

The Managing Director of Helios Industry, K. Saiyed, commented: "We aim to improve continually upon all aspects of the world we operate in – Our Stakeholders, Environment, Health, Social, Economic – all designed to create a cleaner planet and a better tomorrow for all humanity."

Mubasher Contribution Time: 26-May-2021 08:41 (GMT)
Mubasher Last Update Time: 26-May-2021 08:41 (GMT)