Japanese corporation to explore role in Oman green ammonia project

Japanese corporation to explore role in Oman green ammonia project

Oman - A Memorandum of Understanding (MoU) signed recently by Japanese heavy engineering manufacturer IHI Corporation with Indian green energy developer ACME Group could potentially see the former participating in a green ammonia project backed by the latter and currently under development in the Sultanate of Oman.

Green Hydrogen and Chemicals Company (GHC), a joint venture between the UK unit of ACME Group and Norway-based Scatec ASA, a leading renewable energy solutions provider, is presently setting up the first phase of a green ammonia venture at the Special Economic Zone in Duqm.

Phase 1, powered by around 500 MW or renewables, targets the production of 100,000 metric tonnes per annum of green ammonia. In the second phase, green ammonia output is anticipated to grow 12-fold to around 1.2 million metric tonnes annually.

In a statement, Tokyo-headquartered IHI Corporation said it will “study and investigate the feasibility of producing and utilizing green ammonia derived from renewable energy” as part of the MoU.

“In this MoU, IHI will consider participation in green ammonia production projects, led by ACME, based in Oman, India, the USA and Egypt, as well as the use of ammonia for decarbonized power generation for in Asian islands and other regions,” IHI Corporation