This week we explore some recent funding announcements for ammonia energy:

• New York-based Amogy receives backing from Amazon and the Empire State Development Fund.
• Haldor Topsoe reaches an agreement with the European Investment Bank for a €45 million loan to support R&D initiatives.
• Israel-based H2Pro closes a $75 million funding round to develop its proprietary water splitting technology.
• Hy2gen closes a €200 million investment round for construction of its green e-fuel facilities, including two green ammonia projects in Norway and Canada.
• and Australia-based Jupiter Ionics receives $2 million in government funding for development of its electrochemical synthesis technology.

The new project will be built in Sauda on Norway's southwestern coast and owned by Hy2gen, Trafigura and Copenhagen Infrastructure Partners. Hy2gen is already developing a similar hydro-ammonia project in Quebec. The plant at Sauda - dubbed the Iverson eFuels project - will feature 240 MW of electrolyser capacity, producing 600 tonnes per day (or more than 200,000 tonnes per year) green ammonia via renewable electricity. Similar to the Quebec project, the partners indicate the produced green ammonia is destined for use as maritime fuel.

The Canadian subsidiary of Hy2Gen is looking to develop a green ammonia project in Quebec, dubbed "Courant," catering to the maritime mobility sector. The 500 tonne per day, 200 MW hydro-powered facility will be very similar to the proposed Hy2SAUDA project in Norway, Hy2Gen Canada President Cyril Dufau-Sansot said this week in an interview.