Acme, Scatec sign green ammonia sale agreement with Yara

Indian renewables developer Acme and its Norwegian peer Scatec ASA have signed an agreement with Norway’s Yara International for the offtake of green ammonia from their project in Oman.

Yara has agreed to the green ammonia offtake of 100,000 tonnes annually in the first phase and potential further offtake from the project’s second phase as this develops.

Acme and Scatec are building the Omani project through a 50/50 joint venture. They will begin developing the project’s first phase in the Special Economic Zone at Duqmto. Phase one will produce 100,000 tons of green ammonia per year with the help of 300 MW of electrolyzer capacity and 500 MW of solar generation capacity.

Once fully developed, a second phase will be added, and the project is expected to produce up to 1.1 million tonnes of green ammonia annually.

Oman has excellent conditions for renewable energy generation. It is also a strategic location to produce green ammonia for export to Europe and Asia, which are the pacesetters in reducing CO2 emissions.
For Yara, the green ammonia supply will contribute to producing green fertilizer and decarbonizing other industries like shipping, power, and steel.

“Yara Clean Ammonia is working on enabling the clean ammonia market. The green ammonia from Oman will go into our scalable distribution system and contribute to emission-free fuel for deep-sea shipping, power production, and fertilizer globally,” said Magnus Krogh Ankarstrand, president of Yara Clean Ammonia.