ACME to establish 3.5 GW green hydrogen facility in Oman in US$ 3.5 bn offer

Aug 24, 2021 02:15 PM ET
  • Indian solar programmer ACME Group has authorized a bargain to advance a green hydrogen project in Oman which will be powered by 3GW of solar.
ACME to establish 3.5 GW green hydrogen facility in Oman in US$ 3.5 bn offer
Image: ACME Group

Acme has signed a land contract with the federal government of Oman to develop a green hydrogen and ammonia center in the country, which the business declares will certainly be the biggest on the planet as soon as complete. The center will generate 2,400 tons of green ammonia per day with annual production pegged at 900,000 bunches. Electrolysers at the project will certainly be powered making use of 3GW of solar and also 500MW of wind to be located adjacent to the facility.

The agreement will certainly funnel US$ 3.5 billion of investment into the website at the Port of Duqm in central Oman and was authorized with government body The Public Authority for Special Economic Zones as well as Free Zones.

Environment-friendly ammonia produced at the facility will certainly be exported to continents consisting of Europe as well as Asia.

Building and construction will certainly start in Oman "as quickly we commission our very first green hydrogen as well as green ammonia plant at Bikaner in India," said Manoj Upadhyay, founder and also chairman of ACME. "The plant in Oman would certainly be established in phases as well as the very first phase is likely to be commissioned by the end of 2022."

Once operational, the Bikaner facility will certainly use 5MW of on-site solar-- which can also be scaled up to 10MW-- to generate 5 tons of green ammonia each day, with an annual outcome of 1,750-1,800 tons of green fuel.

In March, the Oman government and also ACME signed a memorandum of understanding (MoU) to establish the massive facility.

In June, ACME partnered with Oslo headquartered renewable power producer Scatec to announce the development of a 900MW solar energy plant in the state of Rajasthan, India.