Portfolio of Projects
Tier 1 projects in Australia and the Middle East
Australian Renewable Energy Hub (AREH)
1.6 MTPA
Green Hydrogen
26 GW
Resources
Pilbara Region, Australia
Location
The Australian Renewable Energy Hub (AREH) consists of the following shareholders: bp (63.57% Operator), InterContinental Energy (26.39%), CWP Global (10.04%).
AREH will be a phased development and will deliver up to 26GW of combined solar and wind power generating resources. This represents a third of all electricity generated in Australia in 20201.
AREH will be able to help power the Pilbara with renewable electricity and green hydrogen, with the first tranche of green electrons targeted from late 2027.
At full scale, AREH could produce up to 1.6 million tonnes of green hydrogen or 9 million tonnes of green ammonia per annum – making it one the largest green hydrogen projects in the world.
For the latest information, please visit: Australian Renewable Energy Hub (AREH).
1Australia Energy Statistics 2021 Energy Update Report, p.3: “Total electricity generation in Australia was steady in 2019-20 at 265 terawatt hours (955 petajoules). This figure includes industrial, rooftop solar PV and off-grid generation.”
Western Green Energy Hub (WGEH)
3.5 MTPA
Green Hydrogen
50 GW
Resources
Goldfields region, Australia
Location
The Western Green Energy Hub (WGEH) is one of the largest green energy projects in the world. The shareholders are: InterContinental Energy (46%), CWP Global (44%), and Mirning Green Energy Ltd (10%).
With the vast coastal desert plains located in the far southeast of Western Australia’s Goldfields region, the Western Green Energy Hub will harness the untapped renewable energy of the wind and sun. It will also benefit from existing transcontinental rail and highway access.
WGEH is a partnership with the Mirning Traditional Owners and is setting new benchmarks, such as the approach to community and families, environmental assessment measures, respect for indigenous culture, and inclusion and participation of First Nations Peoples.
On 11 July 2023, WGEH and Korea Electric Power Corporation (KEPCO) signed an MOU to collaborate towards a Joint Development Agreement to produce green hydrogen in Australia. The MOU confirms KEPCO’s interest to participate in the project and lays the foundation for deepening the relationship between KEPCO and WGEH. Once at full scale, the WGEH project has the potential to produce up to 3.5 Mt of zero-carbon green hydrogen per year, for supply to both domestic and international customers, including South Korea. Please also refer to the media statement issued by the Government of the Western Australia.
For the latest information, please visit: Western Green Energy Hub (WGEH).
Green Energy Oman (GEO)
1.8 MTPA
Green Hydrogen
25 GW
Resources
Al Wusta region, Sultanate of Oman
Location
The Green Energy Oman (GEO) consists of the following shareholders: Shell (35%), OQ, the Sultanate of Oman’s global integrated energy company (25%), EnerTech, a Kuwaiti state-owned company focused on clean energy investment and development (18.84%), and InterContinental Energy (21.16%).
On 1 June 2023, InterContinental Energy entered into key project agreements with Hydrom and its partners. The project agreements granted the right to develop facilities to produce green hydrogen and its derivatives in the Al Wusta region of the Sultanate of Oman.
The first phase of development is expected to produce 150 KTPA of green hydrogen from 4 GW of installed renewable energy capacity, with the ambition to expand to 25 GW of renewable energy capacity over subsequent phases.
The consortium is working towards delivering more than 1.8 million tons per annum of green hydrogen to accelerate the energy transition both in Oman and internationally.
