Engineering Scatec, Acme Group to Develop Mega Green Ammonia Facility in Oman

Source: Press release

The new large-scale facility is expected to produce up to 1.2 million tons of green ammonia annually and will be built under a 50:50 joint venture between Scatec and the Acme Group in the Duqm Special Economic Zone of Oman.

Related Companies

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 are in advanced discussions with reputable off-takers for 20–25-year contracts which will lay the foundation for financing of the project.
(Source: Scatec)

Oslo/Norway – Scatec has recently signed an agreement with the 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 tons 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 tons of green ammonia annually.

“Oman has excellent solar resources and a strategic location for production of green ammonia,” says CEO Raymond Carlsen. There is a growing need to accelerate decarbonization of hard-to-abate industries through Power-to-X solutions such as production of hydrogen, ammonia and other critical feedstocks powered by renewable energy. Industry analysts forecast global annual demand for green ammonia to reach up to 200 million tons by 2050.

Stay up to Date

Do you want the latest news, specialist articles and information on new products? Then you can register for our free newsletter:

Choose your Newsletter

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 overall schedule for the project is under development, but the partners share the ambition for this facility to be one of the first commercial large-scale green ammonia facilities in operation globally.

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy.

Unfold for details of your consent

(ID:48092832)