Daily News Wrap-Up: 25 GW Green Hydrogen Mega Project Coming Up in Oman

Marubeni ties up with Bangladeshi power producer to develop a 100 MW solar PV project in Chittagong

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Here are some noteworthy cleantech announcements of the day from around the world:

An international consortium comprising Oman’s integrated energy company OQ, green fuels developer InterContinental Energy, and Kuwait government-backed clean energy investor and developer EnerTech announced they are developing an integrated green fuels mega project in Oman. The collaborators have been working on the 25 GW project for over three years. The project will comprise renewable solar and wind energy at full capacity to produce millions of tons of zero-carbon green hydrogen per annum. Once functional, the hydrogen produced could be used locally, exported directly, or converted into green ammonia for international export.

Pennsylvania-based aluminum producer Alcoa Corporation has announced a development project to significantly reduce carbon emissions in its refineries. The initiative is expected to enhance the company’s sustainability performance across the aluminum value chain. The Australian Renewable Energy Agency has granted AUD 11.3 million (~$8.8 million) to the firm to test the potential use of renewable energy through the mechanical vapor recompression mechanism. Electricity sourced from renewable energy would power compressors to turn waste vapor into steam, which would then be used to provide refinery process heat. If the feasibility studies are successful, the company will install a 3 MW mechanical vapor recompression module with renewable energy at the Wagerup refinery in Western Australia by 2023 to test the technology at scale.

Green hydrogen technology company Fusion Fuel Green has signed a pact with Ampol to develop a green hydrogen production plant in Queensland, Australia. The plant is expected to be operational within the next 12 months. The agreement has a framework for the companies to enter into a 50/50 joint venture to pursue other green hydrogen opportunities in the region. The project aims to establish the firms as global players in the hydrogen ecosystem.

Maxeon Solar Technologies will supply around 1 GW of its high-efficiency bifacial performance 5 UPP solar panels for constructing Gemini solar-cum-storage project in Nevada, U.S. The project is being built and will be owned and operated by Primergy Solar. As per the agreement signed by Maxeon, the modules will be supplied over four quarters, starting in the second quarter of 2022. The project is scheduled to be completed by the end of 2023.

Japanese trading and investment business firm Marubeni Corporation has signed a memorandum of understanding with Electricity Generation Company of Bangladesh Limited. Under the terms of the agreement, the two parties will jointly develop a 100 MW solar PV project in Chittagong, Bangladesh. The project is in line with the country’s aim to expand its renewable energy capacity to 10% of its total generation capacity.

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