Renewable energy run facility forms green energy products

Renewable energy run facility forms green energy products: ACWA Power, OQ, and Air Products Sign Joint Development Agreement Toward World Scale Green Hydrogen-Based Ammonia Production Facility in Oman.

Renewable energy run facility forms green energy products

The JDA signing comes after a memorandum of understanding signed in December 2021.

Envisioned for Oman’s Salalah Free Zone, the joint venture project would be established on proven, world-class technology and contain – the innovative integration of renewable power from solar, wind and storage; production of hydrogen by electrolysis; production of nitrogen by air separation as well as production of green ammonia.

It is expected that the green hydrogen-based ammonia production facility would be evenly owned by the project partners.

“We are delighted & honored to work with the government of Oman to develop this multibillion-dollar project, which would be similar to the world scale green hydrogen project we are implementing with our partners in NEOM in the Kingdom of Saudi Arabia. We look forward to applying our know-how, technology & more than 60 years of experience in hydrogen to help move this project forward and take another significant step in decarbonizing the world,” stated Air Products Chairman, President and Chief Executive Officer Seifi Ghasemi.

OQ Chairman Mulham Al Jarf stated: “We are proud of our partnership with ACWA Power and Air Products. This project positions OQ as an energy transition enabler, while playing on our strengths and leveraging our expertise in the downstream chemicals business, particularly in Salalah where we have extensive operations, and our demonstrated ability to off-take products and competitively deliver them to global customers. The project fits well with the Sultanates’ renewable energy strategy and fosters investments in alternative energy resources, both of which contribute to Oman Vision 2040.”

“As a company that is driving the transition towards a greener future through utilizing cutting-edge technologies & innovative solutions, we are extremely proud to support the Government of Oman’s ambition to pursue decarbonization and advance the development of green hydrogen, considered to be the fuel of the future. Our investment in developing and building water desalination & power production plants in Oman started in 2011, and we continue to expand our robust portfolio in the Sultanate. Utilizing our global expertise, we were successfully able to launch Oman’s first utility-scale renewable energy project. Oman continues to be a key market for ACWA Power for its potential, resources and location, making it a tremendous enabler for the production of green hydrogen. The signing of the joint development agreement is another milestone and signifies the continued trust being placed in ACWA Power by all our partners in bringing this ambitious project to life,” announces ACWA Power Chairman Mohammad A. Abunayyan.

“We aim to leverage our proven track record, knowledge & expertise in developing sustainable global scale green projects including NEOM – a pioneering at-scale green hydrogen and ammonia facility, and we are confident of leading green hydrogen development globally through partnership and collaboration,” added Abunayyan.

Renewable energy run facility forms green energy products

, , , , , , , , , ,
Previous Post
Planning application submitted for offshore wind farms
Next Post
Businesses – Energy Efficiency Grant

Related Posts

Focusing on large-scale renewable energy projects

Focusing on large-scale renewable energy projects: A new joint venture in South Korea has been launched, with the goal of establishing large-scale renewable energy and data infrastructure projects. Diode Ventures, a wholly owned subsidiary of Black & Veatch, has partnered with Energy Innovation Partners (EIP) to finance, develop, and run similar projects around the country.…
Read More
Partnership for France's commercial

Partnership for France’s commercial floating offshore wind

Partnership for France’s commercial floating offshore wind: Ocean Winds (a joint venture between ENGIE and EDP Renewables) and Principle Power have entered into a collaboration agreement to cooperate on the design of the floating platforms for France’s first commercial-scale floating wind tender. In September this year, the French Government selected Ocean Winds to participate in…
Read More

Subscribe to our newsletter!

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

British Utilities will use the information you provide on this form to be in touch with you and to provide updates and marketing.