Seven more projects for the Suez Canal Zone

The number of renewable hydrogen-based projects planned for the Suez Canal Economic Zone has now reached fifteen. Of the seven new MoUs signed in late August, four are targeting renewable ammonia production. Saudi-based alfanar, African energy developer Globeleq, Mediterranean Energy Partners and renewable energy developer Actis are all planning renewable ammonia production plants, with ACME Group also signing an MoU for a multi-million tonne renewable hydrogen plant in the SCZONE.


India: renewable developments

In Indian developments this week:

  • Avaada Group and the Rajasthan state government will jointly develop a $5 billion, million-tonne-per-year renewable ammonia plant in the city of Kota.
  • Multinational Larsen & Toubro has switched on a new renewable hydrogen plant for its Hazira manufacturing complex in Gujarat.
  • Korean steelmaker POSCO and Greenko have signed an MoU to cooperate in green hydrogen and ammonia production in India.
  • And at our recent Australia conference, IEEFA’s Kashish Shah outlined how renewable hydrogen & ammonia can relieve the burden of US$13 billion in subsidies paid every year to the fertiliser sector in India.


New Canadian export projects unveiled

Last month, four significant production projects were announced in Canada’s maritime provinces:

  • An export facility producing ammonia fuel at the Port of Belledune, New Brunswick. The Port Authority has also signed an agreement to create a direct trade corridor with the Port of Wilhelmshaven in Germany.
  • Two projects powered by onshore wind in southwest Newfoundland: the 100,000 tonnes-per-year Project Nujio’Qonik, and the 900,000 tonnes per year Project Lynx, with the latter being developed by Fortescue Future Industries.
  • And the Spirit of Scotia: a sprawling, GW-scale renewable hydrogen project being developed by Green Hydrogen International.


Fortescue, AGL to explore decarbonisation in the Hunter Valley

Australian energy giant AGL will team up with Fortescue Future Industries to explore the feasibility of industrial-scale production of renewable hydrogen & ammonia in the Hunter Valley near Newcastle, Australia. AGL’s existing Liddell power station is due to close next year and begin conversion into the Hunter Energy Hub, with grid-scale batteries, wind & solar generation, clean industry and hydrogen & ammonia production to replace the coal-fired facility. Origin Energy, Orica, Incitec Pivot Limited and Keppel Infrastructure are already exploring similar plans in the area, based on existing ammonia production plants at Kooragang Island near Newcastle.


Singapore: investments, a green corridor partnership and a new bunkering vessel project

Singapore’s sovereign wealth fund GIC and UK-based Carlyle will both invest in the development of Eneus Energy’s renewable ammonia project pipeline, with plants in the US and UK planned. The Maritime & Port Authority Singapore and Port of Rotterdam have agreed to establish a green maritime corridor by 2027. The agreement will help accelerate the deployment of alternative maritime fuels like ammonia on the critical shipping route, which links two of the world’s largest bunkering ports. And a trio of organisations - PaxOcean Engineering, Hong Lam Marine and Bureau Veritas will jointly develop an ammonia bunkering vessel design.


Iberdrola and bp join forces in Europe

Iberdrola and bp will form a new joint venture focused on renewable hydrogen, ammonia and methanol production. Hubs in the UK, Spain and Portugal will be powered by new-build renewable energy, with the first project to be development of a renewable hub at bp’s existing Castellón refinery in Spain.


Green ammonia for Europe, Australian opportunity

The war in the Ukraine has had resounding impacts across the globe, displacing millions of people and facing Europe into an uncertain energy future. Germany is leading Europe’s efforts to understand if green hydrogen and ammonia can replace some of the existing fuel sources and provide the imports necessary for Germany to meet their Net Zero targets. Australia is seen as a key values based partners and potential source of abundant green ammonia.