Actis-Fortescue consortium awarded rights to develop green hydrogen project In Oman
In Oman, a consortium between Actis and Fortescue has been awarded the rights to develop, build, own and operate a large green hydrogen project in Oman. Hydrogen Oman SPC (Hydrom), an independent entity founded by the Omani government to orchestrate and deliver the nation’s green hydrogen strategy, announced the consortium was a winning bidder in the second round of a green hydrogen tender process. The project, which is currently in feasibility stage, is expected to involve construction of up to c.4.5GW of wind and solar renewable energy resources that will power electrolyzers with the potential to produce up to 200,000 tons of green hydrogen per year. Under the current plan, this is expected to be sold to local industrial offtakers as well as processed into derivatives) for export via the existing port of Salalah.
Category: Hydrogen
