Oman chosen for vast green hydrogen project
A government-backed international investment consortium aims to make the sultanate a global giant in zero-carbon fuel
Hong Kong-based developer Intercontinental Energy (ICE) unveiled plans in mid-May for a vast green hydrogen project on Oman’s central coast—the scale of which is unprecedented in the sleepy sultanate. The plan is to channel some $30bn into developing a complex in the remote eastern Al-Wusta governorate producing 25GW of wind and solar power, the bulk of which would be converted into green hydrogen and ammonia for export. For perspective, the country’s total installed capacity at end-2020 was around 12GW—of which a mere 159MW was derived from renewables. ICE is developing the project in partnership with local downstream parastatal OQ and Kuwaiti government-owned clean energy investor Enertech
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