{"id":77839,"date":"2023-06-06T01:00:03","date_gmt":"2023-06-06T01:00:03","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/06\/06\/project-update-amnah-consortium-will-invest-usd-6-bn-in-recently-awarded-oman-green-hydrogen-project\/"},"modified":"2023-06-06T01:00:03","modified_gmt":"2023-06-06T01:00:03","slug":"project-update-amnah-consortium-will-invest-usd-6-bn-in-recently-awarded-oman-green-hydrogen-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/06\/06\/project-update-amnah-consortium-will-invest-usd-6-bn-in-recently-awarded-oman-green-hydrogen-project\/","title":{"rendered":"Project update: Amnah Consortium will invest USD 6 bn in recently awarded Oman green hydrogen project"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Amnah-led consortium to invest USD 6 bn in Oman green hydrogen facility: <\/strong>Amnah Group \u2014 a consortium comprising Copenhagen Infrastructure Partners (CIP), Blue Power Partners (BPP), and Al Khadra \u2014 will invest c. USD 6 bn in a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f55f6918-4f7c-49d1-912f-122079557fdb\">green hydrogen facility<\/a> in Oman, according to a <a href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/amnah-consortium-to-invest-6bln-in-oman-green-hydrogen-project-xyhp2gcz\">statement<\/a>. The timeline for the project\u2019s operational launch has not been disclosed, but CIP partner Karsten Plauborg noted that the consortium will hammer out the development plan for the production plant \u201cin the coming period.\u201d<\/p>\n<p><strong>The details:<\/strong> The consortium will establish a green hydrogen production facility spanning some 320 sq km in Oman\u2019s Al Wusta governorate, producing 215k tons of green hydrogen annually, primarily for use in green steel plants in the Port of Duqm, the statement notes. The facility will also be powered by 4.5 GW of renewable energy.<\/p>\n<p><strong>Who is doing what: <\/strong>CIP will leverage its experience in the construction of renewables projects, BPP will contribute with its expertise in modeling and quantifying solar and wind resources, and Al Khadra will use its local networking power to form engineering, procurement, and construction partnerships to bring the project online, according to the statement.<\/p>\n<p><strong>The investment plan: <\/strong>CIP says it is actively looking to onboard new investors, beginning with \u201cwind and solar measurement campaigns to make sure we understand exactly the quality of the resources. And we will also engage, at a deeper level, with banks to fully understand the bankability issues that we will face for the project,\u201d Plauborg said.<\/p>\n<p><strong>REMEMBER- Amnah\u2019s investment is part of a wider USD 20 bn agreement:<\/strong> Hydrom \u2014 owned by Energy Development Oman \u2014 <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f55f6918-4f7c-49d1-912f-122079557fdb\">signed<\/a> two other agreements last week granting blocks of land for planned green hydrogen plants worth an estimated USD 16 bn. The three projects \u2014 including the Amnah project \u2014 will have a cumulative production green hydrogen generation volume of 500k tons annually.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amnah-led consortium to invest USD 6 bn in Oman green hydrogen facility: Amnah Group \u2014 a consortium comprising Copenhagen Infrastructure Partners (CIP), Blue Power Partners (BPP), and Al Khadra \u2014 will invest c. USD 6 bn in a green hydrogen facility in Oman, according to a statement. The timeline for the project\u2019s operational launch has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":77840,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[269],"tags":[1704,11,39,92],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-hydrogen","tag-amnah-group","tag-enterpriseclimate","tag-green-hydrogen","tag-oman","wpautop","entry"],"acf":{"mongo_id":"a7854d38-68f8-4b26-bcbf-d020a8f14051","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/253.jpg","photo_position":"above","related_issue":[77829],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Project update: Amnah Consortium will invest USD 6 bn in recently awarded Oman green hydrogen project - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/06\/project-update-amnah-consortium-will-invest-usd-6-bn-in-recently-awarded-oman-green-hydrogen-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Project update: Amnah Consortium will invest USD 6 bn in recently awarded Oman green hydrogen project\" \/>\n<meta property=\"og:description\" content=\"Amnah-led consortium to invest USD 6 bn in Oman green hydrogen facility: Amnah Group \u2014 a consortium comprising Copenhagen Infrastructure Partners (CIP), Blue Power Partners (BPP), and Al Khadra \u2014 will invest c. 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