TES and OQ Alternative Energy sign Joint Study Agreement for e-NG project in Oman
May 29, 2024
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TES and OQ Alternative Energy have today entered in a Joint Study Agreement to assess the development of an e-NG facility in Oman.
Oman has been at the forefront in the development of a green hydrogen economy where the country aims to produce in excess of 1mt annum of green hydrogen by 2030. Its strong renewable resources, in particular wind and solar, combined with a one stop-shop implementation framework under Hydrom’s directive, has been promoting the Sultanate to be amongst the most interesting hubs to produce green hydrogen.
e-NG is a green hydrogen-based green molecule chemically identical to natural gas and obtained by combining, through a methanation process (called Sabatier), green H2 with CO2, producing green CH4. As such it can leverage existing infrastructure for liquefaction, regasification, transportation and importantly storage and be a drop-in solution for industrial usage gradually replacing natural gas. Additionally, TES co-founded the global e-NG Coalition in March 2024 with industry leaders TotalEnergies, Engie, Sempra Infrastructure, Mitsubishi Corporation, Tokyo Gas, Osaka Gas and Toho Gas.
“This agreement with OQAE underscores our dedication to advancing the global energy transition and strengthens our commitment and ongoing activities in the Middle East. By harnessing the expertise of OQAE, a global leader in the energy industry, we are enabling the production of green hydrogen at an industrial scale, making e-fuels accessible and cost-effective.” said Marco Alverà, CEO and Co-Founder of TES.
Najla Al Jamali, CEO of OQ alternative energy, expressed enthusiasm for the collaboration with Tree Energy Solutions (TES) on the E-Natural Gas Joint Study Agreement. ‘’At OQ, we are committed to advancing Oman’s energy transition through building partnerships, creating innovative solutions, and implementing sustainable practices. This collaboration marks our dedication to innovation, sustainability, and shaping the future of energy. Collaborating on the study helps us move forward to identify additional downstream opportunities and vectors to diversify markets for green hydrogen.”
About TES
TES is a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen). Headquartered in Europe, TES is committed to making reliable and affordable green energy accessible to all by implementing giga-scale projects using a proven, scalable and cost-effective method. With a presence in North America, Middle East, Asia and Australia, the company’s green hydrogen model uses solar and wind energy in low-cost areas with abundant sunlight or wind. The green hydrogen is then combined with climate-neutral CO2 and transformed into e-NG, a renewable molecule, easy to transport and store using existing infrastructure. Through the supply of e-NG to various industries, TES aims to win the climate race ensuring the mass adoption of green molecules across the globe.