Synergy to provide financial advisory services for 300 MW Hydrogen facility in Oman
Synergy Consulting has announced that it will be providing Transactional and Financial Advisory Services for the world’s first Green Hydrogen / Green Ammonia project in Oman. The project is being developed by the 50/50 joint venture between ACME and Scatec ASA.
The first phase of the facility is expected to produce 100,000 tonnes (expandable to 1.2 million tonnes) of green ammonia annually with about 300 MW of electrolyzer capacity and powered by 500 MW of solar. The facility will be located in the Duqm Special Economic Zone of Oman.
The Project is awarded the world’s First Green Hydrogen and Green Ammonia Certificate by TÜV Rheinland, Germany. The Project will play a pivotal role in the world’s effort to decarbonize the energy requirement
Country news
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March 27, 2020
Oman´s largest solar plant reaches financial close
A consortium consisting of ACWA Power, GIC, and AEPC have achieved the financial closure for the 500 MW solar photovoltaic (PV) Independent Power Project (IPP) at Ibri in the Sultanate of Oman, which is also the largest utility-scale solar plant in the country as of date.
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March 26, 2020
Acquisition of Oman Electricity Transmission Company
State Grid Corporation of China (SGCC) has completed the 49% equity acquisition of Oman Electricity Transmission Company (OETC) together with seller Nama Group. Oman Electricity Transmission Company operates as a transmission system provider in Oman.
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May 08, 2019
Agreement signed for the largest utility scale solar project in Oman
A consortium composed of ACWA Power, Gulf Investment Corporation (GIC), and Alternative Energy Projects Co. (AEPCo) has signed the project agreements for the development of 500 MW Ibri-2 Independent Power Producer (IPP) with the Oman Power and Water Procurement Company (OPWP).
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March 18, 2019
Oman's OPWP award 500-MW solar project
Oman Power and Water Procurement Co (OPWP) on Sunday announced the awarding of Ibri II Solar Independent Power Project (IPP) to a consortium comprised of Saudi Arabia-based ACWA Power and Kuwait’s Gulf Investment Corporation and Alternative Energy Projects Co.
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November 14, 2018
MoU signed for 2 GW solar steam project in Oman
GlassPoint Solar and Occidental of Oman have signed a Memorandum of Understanding (MoU) to develop a large solar thermal energy plant, exceeding 2 GW, at the Mukhaizna oilfield in the Sultanate of Oman.
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