Site items in: Mega-project

Spanish government launches support scheme for hydrogen valleys
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Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has outlined a new subsidy program to help establish valleys or clusters for renewable hydrogen production. €1.2 billion in direct capital investment assistance will be allocated across a minimum of three projects, with an auction process to launch later this year.

bp takes FID on Castellón, to acquire key stake in Oman mega-project
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In its quarterly earnings call last month, bp unveiled progress in a number of key renewable hydrogen and ammonia projects. To help decarbonise its existing refinery in Castellón, Spain, a bp and Iberdrola-led consortium has taken FID on the HyVal project. bp also revealed that it will take an equity share and act as operator for the HYPORT Duqm project: a GW-scale ammonia export project being developed in southern Oman.

Climate Impact Corporation: twin mega-projects in the Australian desert
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CIC plans to develop two projects in Australia, based on its modular hydrogen production technology. Each project will feature a 10 GW “network” of off-grid modules, incorporating renewable energy, water extraction and electrolysis to produce renewable hydrogen. The first project - named Green Springs - will be located south of Tennant Creek in the Northern Territory, producing more than 500,000 tons of renewable hydrogen every year.

$37 billion in Egyptian ammonia investments
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More than $37 billion will be invested across the initial stages of hydrogen and ammonia production projects, ranging in location from the Gulf of Suez to west of the Nile Delta. A series of agreements concerning existing and newly-announced projects were signed at the recent Egypt-EU Investment Conference.

Air Liquide joins Baytown mega-project
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Air Liquide will invest up to $850 million to build, own and operate four large air separation units as part of ExxonMobil’s low-carbon hydrogen project in Baytown, Texas. The units will provide nitrogen and oxygen feedstocks to ExxonMobil, which will be used to produce low-carbon hydrogen and ammonia.

Hydrom picks two new mega ammonia projects for Oman
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Hydrom, Oman’s dedicated government development vehicle for low-carbon hydrogen, has awarded land to two projects. Actis and Fortescue will develop about 4.5 GW of wind and solar energy to power the production of more than 1 million ton tons of ammonia per year. With the same wind and solar energy capacity, EDF, J-Power and Yamna will develop a similarly-sized, 1 million ton per-year ammonia plant.