ITM Power and Sumitomo Corporation have entered into a strategic partnership “for the development of multi-megawatt projects in Japan based exclusively on ITM Power’s electrolyser products.” The two companies will also look for collaborative opportunities outside Japan. In a July 9 press release, ITM refers to the two companies’ shared vision for “the use of hydrogen to decarbonise heat, transport and industrial processes” as the foundation for the arrangement.
ACWA Power will develop a 150,000 tonnes-per-year renewable ammonia project in Indonesia, powered by 600 MW of wind and solar energy. The Saudi-based company also commenced construction on the first phase of its 500,000 tonnes-per-year renewable ammonia project in Uzbekistan, and has progressed development of a renewable mega-project near the Suez Canal.
Hy2gen and Plug Power’s renewable ammonia project will be part of a total 2.2 GW deployment across Finland, aiming to strategically utilise the country’s fast decarbonising grid and policy support at both national and EU level. Also in Finland, Flexens’ 300 MW hydrogen and ammonia project is expected to become operational in 2027, increasing the fraction of Europe’s ammonia and hydrogen needs produced locally.
Amogy’s ammonia-to-power technology will be installed in Marco Polo’s offshore wind service vessels, allowing them to be propelled by ammonia fuel. In related news, Amogy’s recently closed Series B funding round will boost commercialisation efforts, and its tugboat retrofit project is on course to hit New York waters later this year.
EverWind Fuels and Svitzer have signed an MoU to deploy an ammonia-powered commercial tug in the Canso Strait, adjacent to Point Tupper: the location of EverWind’s under-development hydrogen & ammonia production hub.
Saudi-based ACWA Power and South Korean-based POSCO will join forces to develop new hydrogen and ammonia production projects, with an eye towards decarbonising POSCO’s power generation and steel making activities in South Korea. The pair are already significant players in the ammonia energy space, with POSCO setting ambitious goals for production & imports, and ACWA involved in multiple mega-projects in the Middle East.
Fortescue Future Industries has been hitting the Ammonia Energy headlines of late. All of these various announcements point towards a singular target, announced in June by Fortescue Chairman Andrew Forrest: the supply of 15 million tonnes green hydrogen to global markets by 2030. Taken on their own these are significant steps, but COP26 was also the stage for a number of other significant ammonia and hydrogen-related announcements by FFI. Over the last fortnight we've seen the launch of green ammonia production projects in Papua New Guinea, Jordan & Argentina, buyers announced for a full 10% of FFI's global green hydrogen production, a partnership to decarbonise aviation and more developments in the electrolyser space.
Nutrien and Exmar will cooperate to deploy an ammonia-powered vessel on the water by 2025, with the fuel to be sourced from Nutrien's low-carbon ammonia production facility in Geismar, Louisiana. Together, the two organisations will select an ammonia-powered engine, a supply system manufacturer and a shipyard capable of constructing the vessel.
Welcome to the Ammonia Wrap: a summary of all the latest announcements, news items and publications about ammonia energy. This week: Ørsted unveils its P2X vision for the North Sea, energy trader Gunvor commits $500 million to sustainability, emissions reductions, finance world backs green hydrogen, Hydrofuel and Ontario Tech join forces and a new blue hydrogen/ammonia collaboration.