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More green hydrogen heading to Europe: Indian renewables company Acme and Germany liquid organic hydrogen carriers (LOHC) firm Hydrogenious LOHC Technologies have signed an MoU to jointly explore the development of hydrogen supply chains from Acme’s Omani plants to hubs in Europe, according to a statement released last week.
Where’s the green hydrogen coming from? Acme secured USD 487.8 mn last year for a green hydrogen and ammonia project it is building in Oman with Norway’s Scatec which is expected to produce 100k tons of green ammonia annually when the first phase is operational. The plant’s production capacity will later be expanded to 1.2 mn tons per annum
Where’s it going? Hydrogen produced from Acme’s projects in Oman would be stored in LOHC then sent to Europe by tanker. The companies aim to expand their collaboration to include hydrogen value chains between the US and Europe, according to the statement.
More about the LOHC tech: Hydrogenious’s LOHC tech allows for transporting hydrogen in liquid carriers without the need for pressurized or cryogenic carriers by binding the molecular hydrogen to a thermal oil.
Not Hydrogenious LOHC’s first regional venture: The German company is working on establishing a UAE-Europe hydrogen pipeline with the UAE’s Adnoc, Tokyo-based electric power generation company Jera Americas, and German energy firm Uniper. The company also agreed last year to conduct a feasibility study on a green hydrogen transport chain from Morocco to Europe with Australia-based renewables firm CWP Global.
Acme’s been active in the region: A group consisting of Egypt’s Suez Canal Economic Zone (SCZone), Orascom, and Elsewedy Electric met with Acme in New Delhi last June to discuss kicking off construction on a USD 12 bn green hydrogen plant in the SCZone. The plant — announced back in August 2022 — will span 4.5 mn sqm and have an expected initial annual production capacity of 100k tons during the first phase. The plant’s generational capacity will increase to 2.1 mn tons of green hydrogen when fully operational.
