Hydrogen produced with renewable power had a significant breakthrough this month, with the signing of an offtake agreement between a European buyer and an Indian producer in Oman.
Yara, the Norwegian fertilizer and industrial chemicals producer, entered a long-term contract with
Cleantech Solutions, says that the companies went through 20 months of negotiation. The agreement was signed just two weeks ago for a long-term contract of up to 30 years. Now, with the binding agreement in place, and financing arrangements with Indian lender REC Limited Rural Electrification Corporation finalized last year, the company is moving forward with the project’s first phase. Basic work at the site is underway and major work will begin this year.
retained testing and certifications services company TUV Rhineland to get the Oman project pre-certified based on plan. This has now expired and the company will seek new certification of the finished plant as per the prevailing standards. “This is an evolving area, there's no unified standard globally at the moment for hydrogen or ammonia,” says Dudeja.
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