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.
About Author
