ACME Group Secures $140m Funding for Green Hydrogen Project in Oman
Key Ideas
- ACME Group receives $140m in funding for its green hydrogen/ammonia project in Oman.
- The Sultanate of Oman is setting up a commercial-scale liquid hydrogen corridor.
- Quantum Commodity Intelligence offers premium subscription services for professionals in hydrogen markets.
- Subscribers to Quantum Hydrogen service gain access to daily price assessments, market news, and fundamental trade data.
ACME Group has secured the first tranche of funding worth $140 million for its green hydrogen/ammonia project in Oman. The Sultanate of Oman has also announced the establishment of a commercial-scale liquid hydrogen corridor. This development signifies a significant step towards promoting renewable energy initiatives in the region. Quantum Commodity Intelligence provides premium subscription services catering to professionals in various markets, including hydrogen. Subscribers to Quantum Hydrogen service can benefit from daily price assessments, market news, price commentary, and fundamental trade data through reports sent to their email. The investment in green hydrogen projects and the establishment of hydrogen corridors reflect a positive trend towards sustainability and clean energy practices in Oman.