Two renewable energy companies have joined forces to build a USD 2.5 billion green hydrogen and ammonia project in Oman. The 50:50 joint venture between Norway’s Scatec and India’s Acme Group will design and build the plant in the Duqm Special Economic Zone, about 400km south of Muscat. The first phase is expected to produce 100,000 tonnes of green ammonia a year, to be expanded over time to 1.2 million tonnes, powered by some 500MW of solar capacity.
Two renewable energy companies have joined forces to build a USD 2.5 billion green hydrogen and ammonia project in Oman. The 50:50 joint venture between Norway’s Scatec and India’s Acme Group will design and build the plant in the Duqm Special Economic Zone, about 400km south of Muscat. The first phase is expected to produce 100,000 tonnes of green ammonia a year, to be expanded over time to 1.2 million tonnes, powered by some 500MW of solar capacity.
