Saudi Arabian Refineries Company announced the signing of a non-binding Memorandum of Understanding (MoU) with Ally Hydrogen Energy Co., Ltd. to collaborate on the development of green hydrogen and ammonia projects in Saudi Arabia.
Under the agreement, the two parties will explore the establishment of a green ammonia production plant in Jazan Industrial City, supporting the Kingdom’s ambitions to expand its clean energy sector and accelerate the transition toward sustainable industrial solutions.
The MoU also includes plans to establish a local hub in Jazan Industrial City for the assembly and manufacturing of hydrogen production and purification equipment. The initiative is expected to contribute to the localization of advanced clean energy technologies, strengthen industrial capabilities, and create new opportunities within Saudi Arabia’s growing hydrogen economy.
In addition, the collaboration aims to establish a research and development center in partnership with local Saudi universities to drive innovation in green hydrogen and ammonia technologies. The center is expected to support knowledge transfer, technology advancement, and the development of specialized talent in the renewable energy sector.
Saudi Arabian Refineries Company stated that the latest agreement builds on its previously announced strategic partnerships in the clean energy sector. This includes the Company’s non-binding Memorandum of Understanding with Go Energy signed on October 12, 2025, as well as the agreement signed by its wholly owned subsidiary, Clean Energy Company, with AGR Renewable Energy on February 5, 2026.
According to the Company, the newly signed MoU with Ally Hydrogen Energy represents the final supplier agreement required for the proposed green ammonia plant project.
The planned initiatives reflect Saudi Arabian Refineries Company’s broader strategy to support Saudi Arabia’s clean energy transition, promote sustainable industrial development, and strengthen the Kingdom’s position as a future global hub for green hydrogen and green ammonia production.
