Chinese company to build Oman's first green hydrogen plant: What to know
The plant in Duqm plans to produce 1 million metric tons of green hydrogen per year by 2030.
Chinese company Sungrow Hydrogen has signed a memorandum of understanding with Oman’s United Engineering Services to build one of the Middle Eastern country's first green hydrogen plants as Beijing pursues investments in the Gulf.
The two companies will produce the electrolyzers, liquefied gas equipment, purification and power systems that make up the plant in the industrial town of Duqm on the Arabian Sea coast, a UES statement said late Monday.
The project, which is expected to begin operations next year, is planned to produce 1 million metric tons of green hydrogen annually by 2030.
Why it matters: Oman has an emerging green hydrogen industry and is looking to become a regional hub in the field. Oman’s Vision 2040 plan for economic diversification away from a reliance on oil includes an ambitious green hydrogen strategy, aiming to produce 1 million tons of the energy by 2030 and increasing that to 2.75 million tons by 2040.
