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Zawya
2 days ago
- Business
- Zawya
Oman accelerates green hydrogen technology localisation
MUSCAT - Hydrom, the architect of Oman's green hydrogen sector, has reported significant progress in the localisation of technology and manufacturing capacity linked to the vast volumes of solar panels, wind turbines, electrolysers and other essential hardware needed to meet the country's ambitious green hydrogen targets. A number of green hydrogen projects currently in early development across Al Wusta and Dhofar governorates are expected to commence operations by around 2030, contributing to Oman's goal of producing 1 million tonnes of low-carbon molecules annually by that time. Achieving this target will require approximately 40 million solar panels and up to 3,000 wind turbines — equipment that will nearly triple the country's current grid capacity, according to Eng Abdulaziz Al Shidhani, Managing Director of Hydrom. 'To reach our 2030 targets, we're proactively enabling this expansion by laying the necessary groundwork now. With project contracts signed for up to 47 years, the momentum is clear and investors are taking note,' Al Shidhani said in an interview with The Energy Year, a UK-based energy news platform. The official also emphasised that technology localisation is central to Hydrom's strategy. 'We've signed MoUs with electrolyser manufacturers, including Siemens Energy and ThyssenKrupp Nucera. These partnerships support our industrial ambitions, including polysilicon production and the local manufacturing of solar panels and wind turbines. Suhar is set to host solar panel production, while Al Duqm will see wind turbine assembly'. Over the past year, Suhar has attracted over a billion dollars in new Chinese-led investments in large-scale solar panel and module manufacturing facilities, aimed primarily at serving domestic and regional markets. Additionally, United Solar Polysilicon (FZC) SPC, an international green energy company, is making rapid progress on a $1.6 billion polysilicon plant with a capacity of 100,000 tonnes per annum, located in Suhar Industrial City. Alongside its efforts to build a robust green hydrogen production sector, Hydrom is actively supporting the development of supply chains and a broader ecosystem around the green molecule. As part of this drive, Hydrom hosted a Green Hydrogen Ecosystem Readiness Lab last September, bringing together 58 government entities. 'We identified 26 strategic initiatives grouped into five core areas: logistics and infrastructure readiness, regulatory streamlining, technology localisation, workforce capacity building and domestic market development. These initiatives are being actively tracked and managed through our green hydrogen acceleration dashboard, gH2ad, which ensures transparency, promotes accountability and keeps all stakeholders aligned towards shared goals', Al Shidhani explained. (gH2ad refers to green hydrogen, ammonia and derivatives — including green ammonia, green methanol, synthetic fuels (e-fuels) and LOHCs or liquid organic hydrogen carriers). Hydrom is also working closely with free zone authorities to allocate suitable plots for investments in downstream green hydrogen conversion and other value-added industries. 'We coordinate closely with free zone authorities to align policy and infrastructure. For instance, Vulcan Green Steel and others are planning green steel projects that will rely on hydrogen supply chains originating from outside the free zones', he said. Meanwhile, preparations are underway to manage the massive volumes of hardware that the green hydrogen sector will require — most of which will be imported in the early years — and ensure its seamless transport to designated sites. The Port of Duqm, which previously handled the arrival of wind turbines for Dhofar's first wind farm in 2019, will continue to serve as a gateway for such equipment. 'We've assigned ASYAD to lead logistics, focusing on three key initiatives: conducting a readiness assessment, implementing a control-tower approach to manage scheduling from port to site and coordinating with ongoing oil and gas activities. We are piloting our plan with the recently signed 100-MW PDO Riyah-1 and Riyah-2 wind farm projects in Al Duqm, allowing us to learn and adapt as needed', Al Shidhani added.
Zawya
2 days ago
- Business
- Zawya
Saudi's ACWA Power signs agreements with European companies to export renewable energy
CAIRO: Saudi Arabia's ACWA Power company signed several memoranda of understanding with European companies to export renewable energy and green hydrogen from the kingdom to Europe, the Saudi energy ministry said on Sunday. The European companies included France's TotalEnergies , Italy's Edison and Germany's EnBW . The Saudi company also signed separate agreements with other companies including Germany's Siemens Energy to develop energy transmission corridors. (Reporting by Jaidaa Taha and Muhammmad Al Gebaly; Editing by Toby Chopra and Susan Fenton)
The National
3 days ago
- Business
- The National
Acwa Power signs pacts to export renewable energy and green hydrogen to Europe
Saudi Arabia's Acwa Power has signed preliminary agreements to export renewable energy and green hydrogen to Europe under the India-Middle East-Europe Economic Corridor (IMEC) project. A multi-party deal was signed by Acwa Power with Italy's Edison, France's TotalEnergies Renewables, Zhero Europe from Netherlands and Germany's EnBW, Saudi Arabia's Ministry of Energy said on Sunday. "This deal establishes a collaborative framework to assess the market demand and feasibility of developing large-scale renewable energy projects dedicated for export in Saudi Arabia and the creation of a corridor to deliver generated electricity to Europe," it said. Acwa Power also signed individual pacts with companies involved in the development of electricity corridors, including technical consultant Cesi (Italy) and HVDC technology and cable providers Prysmian (Italy), GE Vernova, Siemens Energy (Germany) and Hitachi (France). "These agreements aim to develop advanced energy transmission corridors that enhance supply reliability and the efficiency of cross-border energy infrastructure," the ministry said. A joint development agreement was also signed with EnBW to collaborate on the first phase of the Yanbu Green Hydrogen Hub, which is planned to be ready for commercial operations by 2030. The hub seeks to be a fully integrated base with its own captive electricity generation from renewable sources, desalination plants to support its hydrogen electrolysis and ammonia conversion facilities, and an export terminal. The project leverages Saudi Arabia's potential to develop renewable energy at competitive rates and supply global industrial demand, the ministry said. The latest pacts, which were signed in Riyadh, are part of the IMEC, which was announced during the G20 summit in 2023. The project consists of an eastern route connecting India to the Gulf and a northern pathway connecting the Gulf to Europe. The cross-border, ship-to-rail transit corridors are expected to reduce shipping costs across the network and support trade in goods and services to, from and between the UAE, Saudi Arabia, India and Europe. The combined exports from these regions are projected to account for 44 per cent of global trade by 2030. Acwa Power, backed by Saudi Arabia's sovereign wealth fund, the Public Investment Fund, is one of the largest renewable energy developers in the Middle East. It currently has operations in 14 countries across the Middle East, Africa, and Central and South-east Asia. It is an investor in and operator of 101 power generation and water desalination projects in operation, construction and advanced development with an overall portfolio size of about $107.5 billion as of February. Last week, Saudi Arabia signed agreements worth more than 31 billion riyals ($8.3 billion) for seven renewable energy projects with an Acwa Power -led consortium to boost the kingdom's green energy capacity. In February, Acwa Power also signed a preliminary agreement with the German company Securing Energy for Europe (Sefe) to produce and supply green hydrogen to Europe. Under the pact, Acwa Power and Sefe will establish a hydrogen bridge between Saudi Arabia and Germany, with an initial target of supplying 200,000 tonnes of green hydrogen annually by 2030. Acwa Power will act as the lead developer, investor, and operator of green hydrogen and green ammonia production assets. Sefe will be a co-investor and the primary off-taker to market the green hydrogen to its German and European customers, the companies said at the time. The Saudi company is also a partner in the $5 billion Neom Green Hydrogen project, the world's largest, which is expected to be completed next year. The other venture partners are Neom and the US-based Air Products, which has secured an off-take agreement for all the green ammonia produced at the site.
Reuters
3 days ago
- Business
- Reuters
Saudi's ACWA Power signs agreements with European companies to export renewable energy
CAIRO, July 20 (Reuters) - Saudi Arabia's ACWA Power company signed several memoranda of understanding with European companies to export renewable energy and green hydrogen from the kingdom to Europe, the Saudi energy ministry said on Sunday. The European companies included France's TotalEnergies ( opens new tab, Italy's Edison ( opens new tab and Germany's EnBW ( opens new tab. The Saudi company also signed separate agreements with other companies including Germany's Siemens Energy ( opens new tab to develop energy transmission corridors.
Observer
5 days ago
- Business
- Observer
Oman accelerates green hydrogen technology localisation
MUSCAT, JULY 18 Hydrom, the architect of Oman's green hydrogen sector, has reported significant progress in the localisation of technology and manufacturing capacity linked to the vast volumes of solar panels, wind turbines, electrolysers and other essential hardware needed to meet the country's ambitious green hydrogen targets. A number of green hydrogen projects currently in early development across Al Wusta and Dhofar governorates are expected to commence operations by around 2030, contributing to Oman's goal of producing 1 million tonnes of low-carbon molecules annually by that time. Achieving this target will require approximately 40 million solar panels and up to 3,000 wind turbines — equipment that will nearly triple the country's current grid capacity, according to Eng Abdulaziz Al Shidhani, Managing Director of Hydrom. 'To reach our 2030 targets, we're proactively enabling this expansion by laying the necessary groundwork now. With project contracts signed for up to 47 years, the momentum is clear and investors are taking note,' Al Shidhani said in an interview with The Energy Year, a UK-based energy news platform. The official also emphasised that technology localisation is central to Hydrom's strategy. 'We've signed MoUs with electrolyser manufacturers, including Siemens Energy and ThyssenKrupp Nucera. These partnerships support our industrial ambitions, including polysilicon production and the local manufacturing of solar panels and wind turbines. Suhar is set to host solar panel production, while Al Duqm will see wind turbine assembly'. Over the past year, Suhar has attracted over a billion dollars in new Chinese-led investments in large-scale solar panel and module manufacturing facilities, aimed primarily at serving domestic and regional markets. Additionally, United Solar Polysilicon (FZC) SPC, an international green energy company, is making rapid progress on a $1.6 billion polysilicon plant with a capacity of 100,000 tonnes per annum, located in Suhar Industrial City. Alongside its efforts to build a robust green hydrogen production sector, Hydrom is actively supporting the development of supply chains and a broader ecosystem around the green molecule. As part of this drive, Hydrom hosted a Green Hydrogen Ecosystem Readiness Lab last September, bringing together 58 government entities. 'We identified 26 strategic initiatives grouped into five core areas: logistics and infrastructure readiness, regulatory streamlining, technology localisation, workforce capacity building and domestic market development. These initiatives are being actively tracked and managed through our green hydrogen acceleration dashboard, gH2ad, which ensures transparency, promotes accountability and keeps all stakeholders aligned towards shared goals', Al Shidhani explained. (gH2ad refers to green hydrogen, ammonia and derivatives — including green ammonia, green methanol, synthetic fuels (e-fuels) and LOHCs or liquid organic hydrogen carriers). Hydrom is also working closely with free zone authorities to allocate suitable plots for investments in downstream green hydrogen conversion and other value-added industries. 'We coordinate closely with free zone authorities to align policy and infrastructure. For instance, Vulcan Green Steel and others are planning green steel projects that will rely on hydrogen supply chains originating from outside the free zones', he said. Meanwhile, preparations are underway to manage the massive volumes of hardware that the green hydrogen sector will require — most of which will be imported in the early years — and ensure its seamless transport to designated sites. The Port of Duqm, which previously handled the arrival of wind turbines for Dhofar's first wind farm in 2019, will continue to serve as a gateway for such equipment. 'We've assigned ASYAD to lead logistics, focusing on three key initiatives: conducting a readiness assessment, implementing a control-tower approach to manage scheduling from port to site and coordinating with ongoing oil and gas activities. We are piloting our plan with the recently signed 100-MW PDO Riyah-1 and Riyah-2 wind farm projects in Al Duqm, allowing us to learn and adapt as needed', Al Shidhani added.
