Scatec ASA has signed an agreement with ACME Group from India to establish a 50/50 joint venture to design, develop, build, own and operate a large-scale green ammonia facility in Oman.
The first phase of the facility is expected to produce 100,000 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. Once fully developed the facility is expected to produce up to 1.2 million tonnes of green ammonia annually.
The partners are in advanced discussions with reputable off-takers for 20–25-year contracts which will lay the foundation for financing of the project. The partners expect to fund the facility through equity and project finance debt.
The Oman Power and Water Procurement Company (OPWP) and Oman Environmental Service Holding Company S.A.O.C (be'ah) have signed a memorandum of cooperation for the development of a waste...
Read moreA consortium led by ACWA Power has started the operation of the 500 MW Ibri 2 solar independent power project in Oman in partnership with the Oman Power and Water Procurement Company (OPWP). Located...
Read moreACME Group has announced a new partnership with KBR Technology for the development of the Hydrogen and Ammonia project in Oman. The project involves the construction of a hydrogen and green ammonia p...
Read moreOman's Public Establishment for Industrial Estates – Madayn, Mubadrah, and Solar Wadi have signed an agreement with the objective to construct a 100 MW Solar PV Farm in Suhar Industrial City. T...
Read moreOman Power and Water Procurement Company (OPWP) has extended again the request for proposal (RFP) for the 1 GW Manah I and II solar photovoltaic project tender. The new deadline for the submiss...
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