NatWest’s five-year Climate for Transition (CFT) framework will see the UK bank finance £200 billion worth of investments aligned with climate and transition focused finance. Low carbon fuels such as CCS-based and renewable hydrogen and ammonia feature prominently in the framework.
GoSolar Energy’s industrial complex currently under development in northern Arizona will enable mega-scale CCS-based and renewable ammonia based fertiliser production for the local and export markets.
The pair have agreed to a strategic partnership for the development of H2 Cumbuco, a renewable ammonia project in Pecém Port, Brazil.
A new joint venture between AFC Energy and Industrial Chemicals Group will use AFC Energy’s proprietary ammonia cracking technology to produce and deliver high purity hydrogen to the UK market at competitive prices.
ITOCHU has signed a world-first contract with Sasaki Shipbuilding for a 5000 m3 ammonia-fueled, ammonia bunkering vessel. The vessel is set to be delivered by September 2027.
Targeting FID later this year, ATOME has received $50 million in funding support from the Green Climate Fund, and an additional $135 million from the European Investment Bank for its Villeta renewable fertiliser project in Paraguay.
The European Commission has unveiled the Hydrogen and Gas Market Directive which in addition to existing regulations on renewable fuels of non-biological origin (RFNBO) set out in the Renewable Energy Directive, completes the policy framework for the sector on the European continent.
Hintco is inviting applications from renewable hydrogen and related fuel producers to participate in its supply-side auctions focussing on bidders from Africa, Asia, America & Oceania, and North America.
Envision’s newly commissioned, AI-enabled, off-grid renewable ammonia production facility in Chifeng will produce 320,000 tons per year, with the first exports planned for Q4 this year.
A new strategy roadmap launched alongside the recent AEA APAC conference envisions Port Hedland in the Pilbara region as a major clean fuel bunkering hub. In news from roadmap partners, Oceania Maritime Energy and SeaTech Solutions have received approval in principle for their ammonia bunkering vessel design (also at the APAC conference), and BHP has signed time charter contracts for two ammonia dual fuel Newcastlemax bulk carriers to carry iron ore to northeast Asia.