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Scores recomputed 4 days ago

Green Hydrogen and Chemicals SPC, phase I (former ACME-Scatec Oman)

Pre-FID✓ Source-checked

ACME Group / Scatec (JV 50:50)

Project Overview

Country
Oman
Region
Al Wusta
Capacity
320 MW
Technology
Alkaline Electrolysis
Investment
—
Subsidy Status
—

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Development Timeline

Announced—
FID—
Construction2022planned date · already passed
Operational2026planned date

Readiness Score

3/ 100
Early Stage

Weighted checklist of public info. Not a prediction of success.

Development

✗Final Investment Decision+15
✗EPC Contract signed+10
✗Permits obtained+8
✗Grid connection secured+7

Commercial

✗Binding offtake agreement+15
✗MOU / offtake letter of intent+5
✗Confirmed price / tariff+5
✗Applied to government program+5

Financing

✗Project finance / debt secured+10
–Subsidy (not recorded)+0

Track Record

✗Developer has completed H2 project+5
✓Developer has completed RE project+3
✓Developer has energy experience+2