Saudi Arabian Refineries Company (SARCO) has signed a non-binding memorandum of understanding (MoU) with Chinese firm Ally Hydrogen Energy Co., Ltd. to develop two key clean energy projects in Jazan Industrial City — a green ammonia production plant and a local hub for assembling and manufacturing hydrogen production and purification equipment.
Saudi Arabian Refineries Company said one of its key subsidiaries, Clean Energy Company, has entered into an agreement with British renewable energy company AGR for the sale of green ammonia being produced at its plant in Jazan industrial city in the kingdom.