ACME Group, Hydrogenious LOHC Technologies to jointly explore hydrogen value chains from Oman to Europe

In India, 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 companies said they intend to extend the partnership to evaluate the hydrogen value chain from US to Europe. 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, the partners added. “Green Hydrogen is emerging as a real opportunity that can transform the global energy systems and meet the decarbonization goals of industry and governments. While some will continue to challenge the economic and technical feasibility, we have taken conclusive decisions on our Oman project and partnering with Hydrogenious to develop efficient logistics using LOHC is the next step in delivering cost effective value proposition for our customers.” Said Ashwani Dudeja, Group President and Director for ACME Group.

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