ACME & Hydrogenious to explore hydrogen supply chain from Oman to Europe

ACME & Hydrogenious to explore hydrogen supply chain from Oman to Europe

ACME Group and Hydrogenious LOHC Technologies have signed a Memorandum of Understanding (MoU) to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology. Both ACME Group, one of the world’s leading sustainable and renewable […]ACME Group and Hydrogenious LOHC Technologies have signed a Memorandum of Understanding (MoU) to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology.

Both ACME Group, one of the world’s leading sustainable and renewable energy companies, and German pioneer in Liquid Organic Hydrogen Carriers (LOHC), Hydrogenious LOHC Technologies, intend to extend the partnership to evaluate the hydrogen value chain from the USA to Europe.

According to the statement, “Oman benefits from abundant renewable energy resources such as solar and onshore wind while the US Inflation Reduction Act offers production incentives leading to competitive hydrogen production cost.”

The green hydrogen produced by ACME in these projects can be stored in LOHC and transported by tanker to Europe to supply and decarbonize industrial offtakers, energy, and mobility.

Ashwani Dudeja, Group