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H2-Industries signs an agreement with Madayn for developing waste-to-hydrogen plant in Oman. With an investment of $1.4 billion, the 200,000 square metre facility will include solar photovoltaic installation.
Initially, the facility will convert 1 million tonnes of municipal solid waste annually which is expandable to 4 million tonnes annually. This is Oman’s first waste-to-hydrogen unit which involves building a 300 MW base-load solar PV with 70 MW of electrical storage.
H2-Industries Inc. is a global hydrogen generation and energy storage solutions company headquartered in New York City, USA. The business focused on developing technologies that generate, store, transport and release green hydrogen using Liquid Organic Hydrogen Carriers (LOHC). The hydrogen can then be economically extracted and converted to electrical energy.
“Once the pre-development and permitting phase is completed, the facility will start producing hydrogen in approximately 30 months,” the statement noted. Annually, 67,000 tonnes of green hydrogen will be generated worth $268 million.
The Public Establishment for Industrial Estates, today known as Madayn, was established in 1993 in continuity of the industrial march that began in the Sultanate with the establishment of Rusayl Industrial city in 1983.