Oman Green Energy Hub will rival in size $36 billion Aussie mega project

Oman Green Energy Hub will rival in size $36 billion Aussie mega project

The Oman Green Energy Hub is expected to mirror in scope and capacity an equally ambitious scheme planned in Western Australia with an estimated investment of $36 billion.

 

Leading the development of the proposed Asian Renewable Energy Hub in Australia is Hong Kong-based InterContinental Energy, the same developer named last week in the international consortium behind the Oman Green Energy Hub, an Oman Observer report said. Privately-owned InterContinental Energy is billed as the world's largest green hydrogen with a portfolio of around $100 billion in investments globally.

 

Partnering with InterContinental Energy in the implementation of the Oman mega scheme are OQ, the sultanate's global integrated energy group, and EnerTech, a Kuwaiti state-backed clean energy investor and developer. The electricity generation capacity of the Oman hub is estimated at 25 gigawatts (GW) comprising a mix of solar and wind-based farms. The output of green hydrogen and green ammonia is projected in the millions of tonnes per annum.

 

Giving further details, InterContinental Energy has disclosed that the Oman Green Energy Hub, “” a giant integrated green fuels project for development across the vast desert settings of the sultanate's Al Wusta Governorate “”  will produce 1.8 million tonnes per annum of green hydrogen and up to