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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.
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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.
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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.
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Ammonia exports from Canada to Germany
German energy giants E.ON and Uniper have signed agreements to offtake 500,000 tonnes of renewable ammonia each from EverWind Fuel’s under-development project at Point Tupper, Nova Scotia, beginning from 2025. The backdrop for these offtake MoUs was the signing of a new bilateral agreement between the Canadian and German governments to establish a Transatlantic Canada-Germany supply corridor for hydrogen.
