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ACME Solar plans to invest $2.5 billion in Oman green ammonia unit

ACME Solar plans to invest $2.5 billion in Oman green ammonia unit
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Acme Solar, France' Lhyfe Labs plan green hydrogen business in India and Europe

Acme Solar, Lhyfe Labs plan green hydrogen ops in India
It is possible to produce hydrogen to power fuel cells by extracting the gas from seawater, but the electricity required to do it makes the process costly. Photo: AFP
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Acme Solar Holdings Ltd, India’s largest pure-play solar platform plans to jointly produce green hydrogen in India and Europe with Lhyfe Labs SAS of France.
Green or clean hydrogen gas is produced by splitting water into hydrogen and oxygen using an electrolyzer that may be fed by wind power, solar power, or hydro power. Hydrogen is also produced by electrolysis using fossil fuels, a practice that is being increasingly shunned because of climate change concerns. ....

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