Acme Solar teams up with Oman's Tatweer on green ammonia project - report
EMEC hydrogen storage cylinders (Credit Colin Keldie)
March 23 (Renewables Now) - Indian developer Acme Solar Holdings Ltd has signed a memorandum of understanding (MoU) with the Oman Company for the Development of the Special Economic Zone at Duqm (Tatweer) to set up a green hydrogen and green ammonia production facility in Oman, Indian newspaper Mint reported.
The partners plan to invest USD 2.5 billion (EUR 2.1bn) in the project, with the goal to supply green ammonia to Europe, America and Asia.
The large-scale facility to produce 2,200 metric tonnes of ammonia will be located in the port town of Duqm, the Mint report states, citing a statement from the Acme Group. Acme and Tatweer have already identified a plot of land for the facility in the Duqm region.
Acme has already taken steps in the green hydrogen and ammonia sector with an ongoing pilot project in Rajasthan, which is set to start operation by April 2021, the group said in a statement sent to Mint.
For its first large-scale green ammonia commercial project, the Indian solar platform has opted for Oman due to the country’s strategic location, support from the government bodies and high solar irradiation, Mint reports.
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