Multi-billion deal signed for green hydrogen ammonia unit in Oman.

ACWA Power, OQ, Oman’s leading integrated energy group, and Air Products on Thursday signed a joint development agreement (JDA) for a multi-billion-dollar investment in a world-scale green hydrogen-based ammonia production facility powered by renewable energy in Oman.  

The JDA signing follows a memorandum of understanding signed in December 2021.  Envisioned for Oman’s Salalah Free Zone, the joint venture project will be based on proven, world-class technology and include: the innovative integration of renewable power from solar, wind and storage; production of hydrogen by electrolysis; production of nitrogen by air separation; and production of green ammonia.  

It is anticipated that the green hydrogen-based ammonia production facility will be equally owned by the project partners. 

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