NEOM launches energy and water company "ENWA"
One of the new NEOM companies, which will provide the world with innovative and sustainable solutions that will revolutionize the field of energy, water and hydrogen.
NEOM aims through this project to ensure that all the company's facilities and aspects of life in NEOM are supported by 100% renewable energy, as it will be the first project of its kind that provides these services on a large scale, and paves the way for other sustainability projects, as ENOWA is undertaking Representing NEOM to establish the world's largest plant to produce green hydrogen in the joint investment project with Air Products and ACWA Power.
In this context, the Minister of Environment, Water and Agriculture and Chairman of the Board of Directors of ENOWA, Engineer Abdul Rahman Al-Fadhli, said: "NEOM is committed to achieving sustainability and supporting the principles of the circular economy, and this is what ENOWA aspires to achieve and support through its work. It is extremely important as it is one of the goals of the Kingdom’s Vision 2030, in addition to the Kingdom’s endeavors to reach a zero level of harmful emissions by 2060.”
For his part, the CEO of NEOM, Engineer Nazmi Al-Nasr, said: "With the direct support and guidance of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, we are working in NEOM in a serious and continuous way to create a significant impact on the world level through our business, projects and companies. The various subsidiaries, including ENOWA, which will support the development wheel in NEOM to contribute to the creation of a circular economy on a large scale supported by 100% renewable energy, and we look forward to more partnerships and investments through all the projects that we launch, in which we affirm our readiness to cooperate fully working with our partners.
Al-Nasr added: “ENOWA focuses on innovation to be a model for a new generation of sustainable industries in the Kingdom, and to contribute effectively to establishing a vibrant economy, as the company works to be a prominent sign in sustainable and integrated systems for energy, water and hydrogen.”
He pointed out that it is planned for ENOWA to expand its operations to include other sectors with the aim of enhancing sustainability in the regional and global markets through renewable energy, water treatment and management to support its position as a global reference in this regard.
ENOWA CEO Peter Terium promised the company a true reflection of NEOM's main principles, especially with regard to harmony with nature and preserving the environment, which supports the economy and achieves sustainability. technologies and innovations to meet global challenges, and we certainly look forward to working hand in hand with leaders around the world in the energy, hydrogen and water industries to drive innovation forward.”
He added that ENOWA is working on a set of programs and projects, the most important of which is the largest plant in the world for the production of green hydrogen, which is expected to enter production in the year 2025, within a group of other similar factories that will make NEOM a center for green hydrogen production and to On the hydrogen export side, NEOM will be used for a variety of needs, including refueling electric vehicles.
With regard to water production and wastewater treatment solutions, Engineer Nazmi Al-Nasr indicated that ENOWA is designed to be fully sustainable, which will allow the provision of low-cost potable water to residents and businesses alike, and desalination plants that rely on energy will operate 100% renewable, through an innovative production system that ensures that no harmful waste is discharged into sea water and the provision of mineral water suitable for drinking, and a large part of the purification process aims to produce valuable elements from seawater, and in this context, brine is one of the waste that is usually They are not used, but ENOWA will work to achieve the optimum use of this element, by producing large quantities of valuable industrial materials such as industrial salt, magnesium and potassium, which can be sold commercially effectively.
It is reported that work has already begun on developing vital facilities for ENOWA, which will cover the basic infrastructure needs of the three main NEOM projects: The Line, which is a revolution in urban life, and Oxagon, the cognitive industrial city that redefines industrial communities that have already begun to attract investors. For its industrial center from all over the world, in addition to Trogena, an exceptional mountain tourist destination.