Upadhyay and Scatec CEO Raymond Carlsen signing the agreement.
Scatec, Acme to set up green ammonia facility
01 April 2022
Scatec ASA, a Norway-based company which specialises in renewable energy systems, has signed an agreement with Acme Group from India to establish a 50/50 joint venture to design, develop, build, own and operate a large-scale green ammonia facility in Oman. The first phase of the facility is expected to produce 100,000 tonnes of green ammonia annually with about 300 MW of electrolyser capacity and powered by 500 MW of solar power. The facility will be located in the Duqm Special Economic Zone of Oman. Once fully developed, the facility is expected to produce up to 1.2 million tonnes of green ammonia annually.
ACME Group is a pioneer in cleantech sectors such as solar, green hydrogen and ammonia development. The company has already set up the world’s first single-site integrated solar power to green ammonia facility at Bikaner, Rajasthan, in India.
“We are delighted to partner with Scatec in developing one of the largest and earliest green ammonia projects in the world. This facility will have 1.2 million tonnes per annum production capacity of green ammonia and can potentially be further expanded in the future at the same location. Given the strategic location of the project, technical insights and cost-effective solutions that Acme has developed for the project of this kind, along with internationally proven project development capabilities of Scatec, I believe jointly we will be a formidable player in accelerating adoption of this green fuel globally,” said Manoj Upadhyay, Founder & Chairman of Acme Group.
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