Category: Green Ammonia/ Hydrogen

  • ACME to Invest USD 4.2 Billion in Expansion of Green Hydrogen and Ammonia Project in Oman

    ACME to Invest USD 4.2 Billion in Expansion of Green Hydrogen and Ammonia Project in Oman

    ACME Group has announced plans to invest approximately USD 4.2 billion in the expansion of its green hydrogen and green ammonia project in Duqm, Oman, reinforcing its commitment to large-scale clean fuel production and supporting Oman’s ambition to become a global green hydrogen hub.

    The investment will fund the second and third phases of the project, following the signing of an investment agreement with Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ). The expansion forms part of a broader renewable energy development program being advanced within the Special Economic Zone at Duqm.

    Under the expansion plan, each phase is expected to produce around 71,000 tonnes of green hydrogen and 400,000 tonnes of green ammonia annually. Once both phases are operational, the project’s cumulative production capacity is projected to reach 142,000 tonnes of green hydrogen and 800,000 tonnes of green ammonia per year. Commercial operations for Phase 2 and Phase 3 are targeted to commence in 2030 and 2033, respectively.

    The project builds upon ACME’s first phase in Duqm, which is currently under development and is expected to produce 100,000 tonnes of green ammonia annually. The overall development is set to play a significant role in advancing Oman’s national green hydrogen strategy and expanding the country’s renewable energy value chain.

    According to industry estimates, the investment further strengthens Oman’s position as an emerging destination for green hydrogen investments, while supporting global efforts to decarbonize hard-to-abate sectors through the production of sustainable fuels and green ammonia for domestic and export markets.

    The expansion marks another major milestone for ACME’s international clean energy portfolio and underscores the growing momentum of large-scale green hydrogen and ammonia projects across the Middle East.

  • ENGIE, European Energy Partner on 150 MW Green Hydrogen Project in Denmark

    ENGIE, European Energy Partner on 150 MW Green Hydrogen Project in Denmark

    ENGIE and European Energy have entered into a cooperation agreement to advance the development of a large-scale renewable hydrogen project in Denmark.

    The project is designed to support the emerging European hydrogen market and contribute to the development of cross-border hydrogen infrastructure connecting Denmark and Germany. Located in Aabenraa Municipality, it will be developed near Kassø, home to the world’s first industrial-scale e-methanol plant. This existing installation is owned by Mitsui & Co. Ltd. and European Energy. The new facility will have an electrolyser capacity of up to 150 MW and is intended to connect to the future Danish-German Hydrogen Backbone infrastructure. The hydrogen produced at the site is expected to supply industrial and mobility demand in Germany and support the decarbonisation of hard-to-abate sectors while building business resilience within EU.

    The agreement establishes a framework for collaboration between the parties during the next stages of project development, including technical studies, work related to hydrogen transport. Under this agreement, ENGIE reserves the marketing right of more than 20.000 tons of renewable hydrogen per annum. The project reflects the continued maturation of the European hydrogen sector, in which renewable power production, hydrogen infrastructure, and industrial and mobility demand for green hydrogen are increasingly being developed in parallel. The project’s targeted commercial operation date is aligned with the expected commissioning of Denmark’s hydrogen backbone infrastructure around 2030.

    “We are enthusiastic about starting this collaboration with European Energy, as our two companies have strong complementarities, both geographically and across the electricity and hydrogen value chains. As a major midstreamer in Europe in both natural gas and electricity, ENGIE aims to support its clients in their decarbonization journey and to offer them renewable or low-carbon hydrogen at competitive prices. The Kassø project, developed by European Energy, a pioneering partner in the large-scale production of renewable hydrogen, will therefore enable ENGIE to strengthen its offering to its German clients from 2030 onwards,” said Henri Domenach, Managing Director of Energy Management at ENGIE.

    “We are excited to enter into cooperation with ENGIE on this next journey into making green hydrogen. This will play an important role in connecting renewable energy production with industrial decarbonisation across Europe. Through our experience with the existing Kassø facility and the production of green fuels, we believe that we are well-positioned to be able to make a great project. With ENGIE’s large expertise into connecting production and demand of renewable energy, a cooperation between ENGIE and European Energy will benefit both parties,” said Rene Alcaraz Frederiksen, EVP and Head of Power-to-X at European Energy.